India's previously State operated industries has rapidly been developed into a more open mixed economy. Industrial deregulation and the privatization of formerly either owned or government controlled industries has been continuing.
India was based more on a traditional economy before the British came, but after British Rule they have been influenced to become a more mixed economy.
India has a traditional economy
economic success of subjects under their rule
Subsidiary Alliance system was established in India during the rule of Governor-General Lord Wellesley from 1798 to 1805. And the first to came under this system was the Nizam of Hyderabad in 1798.
To win their independence and live under their own laws, so that their economic system, slavery, could not be destroyed.
Minimum Reserve system in India represents the minimum backing of Rs.200 crores by the Reserve bank of India. Out of which Rs.115 crores worth of gold and Rs.85 crores worth of foreign Securities are kept under RBI, the Monetary Authority of India. It is considered to be a formality and there is no other reasons for the number 200
General Insurance corporation of India, ( GIC Re) a company fully owned by Government of India and set up under an Act of Parliament in 1972 is the National reinsurer. No other reinsurer has obtained a license from Indian regulator to do reinsurance business in India. Overseas reinsurers either operate through their representative offices or through reinsurance intermediaries.
India was based more on a traditional economy before the British came, but after British Rule they have been influenced to become a more mixed economy.
mixed economy
agrarian...its moving towards a liberalized semi-capitalistic export based economy. Globalization and its vast rural population.
Most countries today operate under which of these economic systems
CUBA USES A COMMUNIST OR COMMAND ECONOMIC SYSTEM.
Capitalism, with all the expected problems:poverty, mi equality, environmental damage
Capitalism: wages system, production for sale, class ownership of the means of life.
economic justice has been incorporated in the constitution of India under directive principles of State Policy...
economic success of subjects under their rule
Both countries operate under a caste system. The system in India was strict and prohibited other classes from interacting with each other while Chinaâ??s social system did not demonstrate a formal and strict social ladder.
The term "PH" refers to the Pardhi community in India, which is considered a Scheduled Tribe under the Indian caste system. Scheduled Tribes are marginalized communities that historically faced social and economic discrimination. It is important to note that the caste system in India has been officially abolished, but its influence is still present in societal norms and practices.
In the USA but under the English term "segregation"