is indian economy a centrally planned economy
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In 1947, after gaining independence from Britain, India formed a centrally-planned economy (also known as a command economy). With a centrally-planned economy, the government makes the majority of economic decisions regarding the manufacturing and the distribution of products
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In 1947, after gaining independence from Britain, India formed a centrally-planned economy (also known as a command economy). With a centrally-planned economy, the government makes the majority of economic decisions regarding the manufacturing and the distribution of products
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