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Is India mixed economy?

Does India's economy fall under command, mixed or market category?

Public Comments

  1. mixed, part government owned and controlled, part free market
  2. as long as indians keep MANMOHANJI AND CHIDAMBARAM IN GOVERNMENT IT IS QUITE POSSIBLE TOHAVE THIS MIXED ECONOMY
  3. Yes! Initially India has adopted mixed economy. Now it is gradually moving towards market economy, with adoption of LPG policy. However there is lot of resistance in certain areas for privatisation. Even the Government owned segments are also working towards market economy. In that sense it still retain the character of mixed economy - with changed composition and concept.
  4. Folowing its independance from the British Empire in the years following WW2, India adopted an economic model that could be described as socialist--although never entirely so. As such, it has always been a "mixed economy" in the postwar era. However, in the last 25 years or so, India has moved gradually toward more emphasis on market economics. It's still a mix of socialism (in that the government plays an important role in both owning some industry and in closely regulating business) but is also fostering a strong capitalist sector.
  5. yes ,india has a mixed econmy slowly turning capatlist. a numer of industries especially road and rail come under public sector.now lots of public sector industries are turing private
  6. India is mixed economy having both private and public units
  7. Yes, India is mixed Economy as being a new country, it needed progress and for progress &equal competation, the best economic policy is mixed economic policy. This is to set up a good base for Indian Industries and gives enough time and competation for their progress. Now about 15 out of 17 sectors are private sectors. Sudden privitisation is avoided as it will lead to unemployment, due to the high quality goods & services. India Falls under mixed, in which Govt. of India restricts some sectors, ex: alchol, Ammuniationsetc. But many of them are under market force ex: Airlines,Telecom& even now Nuclear Power Production.
  8. its mixed these days in days to come it will be market economy.
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