Outcomes of the Indian model of mixed economy:
(i) Much of the agriculture, trade and industry were left in Private hands.
(ii) The state controlled key heavy industries provided industrial infrastructure, regulated trade and some crucial interventions in agriculture.
(iii) It regulated trade in India.
(iv) This model laid the foundation of India’s future economic growth. This led to the growth of both, private and public sector, which became the basis for future development.
