Why is india company kbown as mixed company
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In a number of countries, mixed companies were established to avoid the complete nationalization of sectors of the economy. ... In a number of countries, including India and Burma, participation by the state in the ownership of foreign monopolies has become common.
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MIXED ECONOMY
1. Co-existence of private and public sectors
2. A balance between profit and social welfare is made
India , Sweden , the UK have adopted this type of system
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