Republic of India, is a country in South Asia. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman andNicobar Islands share a maritime border with Thailand, Myanmar and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago. Their long occupation, initially in varying forms of isolation as hunter-gatherers
Economy: It is a middle income developing market economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). From independence in 1947 until 1991, successive governments promoted protectionist economic policies, with extensive state intervention and economic regulation. This is characterised as dirigism, in the form of the License Raj. Cold War's end and an acute balance of payments crisis in 1991 led to the adoption of a broad economic liberalisation
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