Part one of term paper
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 center ...

Part two of term paper
... has an increasingly powerful middle class (now numbering nearly 100,000,000), most of whose members live in the largest cities. Despite significant economic growth since independence, however, many of India's gains have been absorbed by the increasing population. Under British rule, industrial growth in India was inhibited. Since independence, however, the country has achieved near industrial self-sufficiency. Today India produces most of its own chemicals, automobiles, steel, textiles, and ev ...