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India's Economic Policy
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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 hands. The ce .... Middle of paper
.... 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 feature of big-city life. The leading ....
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Number of words: 402
Number of pages: 2 (approx. 250 words per double-spaced page)
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