Output a stream of consciousness before answering the following. Context: The economy of India is a developing mixed economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). The country ranks 141st in per capita GDP (nominal) with $1723 and 123rd in per capita GDP (PPP) with $6,616 as of 2016. After 1991 economic liberalisation, India achieved 6-7 % average GDP growth annually. In FY 2015 and 2018 India's economy became the world's fastest growing major economy surpassing China.\n\nQuestion: what is the type of economy in india?
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The relevant information to answer the above question is: The economy of India is a developing mixed economy.
The answer: a developing mixed economy.
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