Explanation:

Here we talk about the Indian version of socialism and why is it the way it is.

Although advocates of socialism are not entirely opposed to the market, they favour some kind of government regulation, planning and control over certain key areas such as education and health care. In India, the eminent socialist thinker Rammanohar Lohia, identified five kinds of inequalities that need to be fought against simultaneously: inequality between man and woman, inequality based on skin colour, caste-based inequality, colonial rule of some countries over others, and, of course, economic inequality. This might appear a self-evident idea today. But during Lohia’s time it was common for the  socialists to argue that class inequality was the only   form of inequality worth struggling against. Other inequalities did not matter or would end automatically if economic inequality could be ended.