The "Indian Model" refers to India's unique approach to economic development, which combines elements of both socialism and capitalism. This model emphasizes a mixed economy where the government plays a significant role in regulating industries while also encouraging private enterprise. It aims to achieve inclusive growth, addressing the needs of diverse populations across the country. Additionally, the Indian Model focuses on self-reliance and sustainability, promoting local industries and agriculture. It seeks to balance economic growth with social equity, ensuring that benefits reach marginalized communities. This approach has been influenced by historical figures like Mahatma Gandhi and Jawaharlal Nehru, who advocated for a development path suited to India's specific context.