India follows a mixed economy policy, 'Mixed Economy' policy refers to : (1) The industrial sectors are reserved by government (2) The industries are divided between the govt. and private individuals (3) The primary sectors are reserved by the private individuals (4) Some economic sectors are reserved for govt, while others are open to the private sector

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In India’s mixed economy policy, some sectors were reserved for government, while others were open to the private sector. But within that, the government tried to ensure, through its licensing policy, that industries were spread over different regions.