agrarian...its moving towards a liberalized semi-capitalistic export based economy. Globalization and its vast rural population.
Traditional Economy.
market economy
mixed economy
5th
The Reserve Bank of India (RBI) was formed on April 1, 1935. It was established under the Reserve Bank of India Act, 1934, primarily to respond to the economic challenges faced during the British colonial period. The RBI serves as the central banking institution of India, responsible for regulating the country's monetary and credit system.
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.
water
Traditional Economy.
market economy
mixed economy
India is currently a capitalist country with some limited governmental interference.
child marriage and untenability
india has adopted mixed economy as its economic system to bring about a socialistic pattern of society
Cuba, China, France, India, Korea, Portugal, Laos..
1st
5th
economic growth of India in 2008