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Q: Who were the worst sufferers of the british economic policies in India?
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Who makes the economic decisions of India?

The economic decisions of India are made by the Ministry of Finance. The Ministry of Finance makes crucial decisions regarding taxation, import quotas and the formation of economic policies.


What economic system does India have?

The Indian economy is the world's twelfth largest according to market exchange rates. It is also the fourth largest economy by purchasing power parity (PPP) basis. From 1947 to 1991, the India Economic System was based on social democratic-based policies. The policies feature protectionism, extensive regulation and public ownership which led to slow growth and corruption. But the economy has moved to a market-based system with economic liberalization starting in 1991. The growth rate of the economy increased in 2000's with healthier economic reforms and policies. India became the second-fastest growing major economy in the world by 2008. In economic terms, India has a Mixed Market Economy - it uses a variety of government regulations to control the economy, but relies primarily on market forces to set pricing and demand and uses the general principles of capitalism.


When and why was economic reform measures initiated in India?

Economic reform measures initiated in India as a result in an increase in liberalization. Attempts were made to make India more of a socialist society after 1991.


What is India's economic system?

Traditional Economy.


WHAT DO YOU MEAN BY NEW ECONOMIC POLICY?

The New Economic Policy of India is an opening of India's commerce to the outside world and an allowing of incoming trade items.

Related questions

One way the British promoted the spread of English in India was to enact educational political and economic policies that made English what?

the language of prestige


What were the british policies in india?

The policies are subsidary alliance,judiciary system,doctrine of lapse


What are the policies for an educational institute in India?

One of the policies for the educational institute in India is to be the academic equilibrium with the social ecological and economic environment. The aim of such policies is continuously ensure that there is excellence in education.


Who makes the economic decisions of India?

The economic decisions of India are made by the Ministry of Finance. The Ministry of Finance makes crucial decisions regarding taxation, import quotas and the formation of economic policies.


How did economic imperialism lead India into becoming a British colony?

No


Who was the last British Governor-General of India and list their policies?

C. Rajgopalachari


What are the rural banking policies of India?

The rural banking policies of India are aimed at spreading literacy of savings and economic growth. They also help the people rural areas on credit flow issues.


How far the policies of british paved way for the establishment of their supremarcy in India?

i don't no.BUY


What be a negative outcome of the British governing of India?

The British did not allow Indians into key government positions. British policies let to nore famines. (apex)


What is economic nationalism in India during British rule?

child marriage and untenability


What policies did the british government pursue in India after 1858?

i dont know can somebody please help me


What would be a negative outcome of the British governing of India.?

The British did not allow Indians into key government positions. British policies let to nore famines. (apex)