Mixed Economy – Free Enterprise Capitalism With Socialism INDIA Key Challenges Key Takeaways Education Health Transportation Manufacturing Entrepreneur Primary Healthcare for all Ensuring free primary education Increasing efficiency in transport infrastructure Boost to manufacturing to scale up Enable small businesses to develop and grow Assurance of Learning Harmful outcomes: Volatile Pricing Unsustainaible development Dependence on FDI and FII Intended harmful outcomes: Slow removal of income disparity Environmental degradation Distributive justice based analysis: Intangible benefits for higher class Quality through competition Corrective justice based analysis: Unequal talent forcing inequitable income Slow judiciary blocks way of damage control Hindsight analysis: Price volatility with increase in per capita income increase from an outcomes perspective Market People Govt. Control Welfare Taxes consumption