explain structure of indian economy
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In India we have basically three types of business structures namely Sole proprietorship, Partnership firms and Company (pvt or public), however a new hybrid form of partnership firm and company known as Limited liability (LLP) emerged a few years ago.
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They are three sectors in the Inian economy, they are; primary economy, secondary economy, and tertiary economy. In terms of operations, the Indian economy is divided into organized and unorganized. While for ownership, it is divided into the public sector and the private sector.
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