Does India follow the way Britin does in terms of economy?
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India's economic development has taken a unique path, internally determined through democratic processes and engagement with various ideologies and interest groups . In contrast, British economic policies during colonial rule focused on exploiting India for the benefit of Britain, transforming India into a supplier of raw materials and consumer of British industrial products . The British colonial government prioritized British economic interests over Indian development, leading to the devastation of India's economy and society . However, India's approach to economic growth has been distinct, with a focus on internal decision-making and engagement with global markets, aiming for sustainable development and growth . While India has faced challenges like regional disparities and uneven distribution of growth benefits, it has maintained a commitment to economic stability and fiscal discipline .
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