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India has a mixed economy that incorporates elements of both command and free enterprise systems. While the government plays a significant role in regulating certain sectors and providing public services, there is also a robust private sector that drives economic growth and innovation. Since the economic liberalization in the 1990s, India has increasingly embraced free-market principles, allowing for greater private enterprise and foreign investment. However, state intervention remains in key areas such as agriculture, health, and education.
What else can I help you with?
Why India is a solicalist?
India is not a socialist economy. It is a capitalist economy - most enterprises are privately owned, seek profit and are guided by markets.
Which is an example of joint-sector enterprise in India?
The Indian Oil Corporation is the joint-Sector enterprise in India.
India's biggest enterprise today is?
The India Power sector
When was Southern Command - India - created?
Southern Command - India - was created in 1895.
Which is the biggest enterprise of the government of India?
railway
Is India a command economy?
India is not technically a command economy. The economy of India focuses more on an indirect and direct state intervention type of economy.
How India is a socialist republic?
India is not a socialist republic. While the government controls a good deal of the economy, India has been moving towards a free market economy rapidly.
Why India is a solicalist?
India is not a socialist economy. It is a capitalist economy - most enterprises are privately owned, seek profit and are guided by markets.
What is the nature of an economist?
Mixed. in India,The nature of economy is Mixed means it is the combination of capitalist and socialist economy.
Command economy in a sentence?
India has a commanded economy under the new prime minister. It means the country has economy in its hands.
What are some countries that practice mixed-market?
in fact, there is no country in the world which is purely socialist or purely capitalist. every economy is mixed. however, the degree to which an economy is socialist or capitalist may vary. Canada and India are some of the countries which are highly mixed.
What are some countries that practice mixed market?
in fact, there is no country in the world which is purely socialist or purely capitalist. every economy is mixed. however, the degree to which an economy is socialist or capitalist may vary. Canada and India are some of the countries which are highly mixed.
When was Revolutionary Socialist Party - India - created?
Revolutionary Socialist Party - India - was created in 1940.
When was United Socialist Organisation of India created?
United Socialist Organisation of India was created in 1947.
When was World Socialist Party of India created?
World Socialist Party of India was created in 1995.
When was French India Socialist Party created?
French India Socialist Party was created in 1947-07.
When was Revolutionary Socialist Party of India - Marxist - created?
Revolutionary Socialist Party of India - Marxist - was created in 2005.
