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Before the economic reforms of 1991, the Indian economy was characterized by several critical features that shaped its growth trajectory. One of the defining aspects of the pre-reform economy was its highly controlled and regulated nature, driven by a series of policies rooted in the socialist economic model. This model, largely influenced by the idea of self-reliance, focused on state intervention and control in the key sectors of the economy. The Indian government maintained a dominant role in economic activities through the public sector, which was given the responsibility of managing industries such as steel, coal, _____ _________ _______ __________ ______ ___ ________.
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