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India's Economic Policy Beginning of 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 i .... Middle of Paper .... however, the country has achieved near industrial self-sufficiency. Today India produces most of its own chemicals, automobiles, steel, textiles, and even computers and television 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 electri .... 402 words | 2 pages Subscription Length Price Join 30 days membership (recurring) $19.95 90 days membership (recurring) $39.95 180 days membership (non-recurring) $69.95