Licchavi Lyceum

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Licchavi Lyceum

Structure of Indian Economy: Sectors, Reforms, and Future Prospects

The Indian economy represents one of the world’s most complex and diverse economic structures, characterized by a unique blend of traditional and modern sectors coexisting within a mixed economy framework. As the world’s fifth-largest economy by nominal GDP and third-largest by purchasing power parity, India’s economic structure has undergone significant transformation since independence in 1947, …

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