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India's Economic Policy
Part 1 of Essay
Since independence the Indian government has attempted to pursue a mixed economic policy with features of both a free market and socialist planning. Major industries such as railroads, automobile manufacturing, and banking are government run. At the same time, many consumer-goods industries and agriculture are in private ....
Part 2 of Essay .... Since independence, however, the country has achieved near industrial self-sufficiency. Today India produces most of its own chemicals, automobiles, steel, textiles, and even computers and television sets. Steel production has more than doubled since 1960. India is self-sufficient in iron and coal but is heavily dependent on foreign oil.
India's chief energy sources are coal (26%), petroleum (49%), and electricity (25%). Some 156 billion kw of electricity were generated in 1987, which still far short of ....
Word count: 402 | Approximate pages: 2
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