:::Main goal is to improve the standard of living! You've now admitted that India had a Stalinist economy! This is exactly what makes India a Stalinist economy. The government believed that the standard of living is actually improved by a bunch of bureaucrats having a conference and deciding how to improve the standard of living. CONTROLLED economies ALWAYS failed. The very idea of free-market is to let people improve themselves instead of imposing restraints and having the economy under state control. You at least admit that India has a planning commission! Isn't that point of this discussion? Others claim that India did not have a planned economy at all! If you try telling that to anyone outside Wikipedia, you will be laughed at immediately.