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India's Economic Policy
Part I 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 consum .... Part II of Essay
.... 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 demand. Only 65% of India's villages are electrified, and electrical outages are a common fea ....
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Words: 402 - Pages: 2
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