By all accounts I've read, describing India as "socialist" in the 1950s is not quite right. You only need look at the article I linked to see that a big reason for people going hungry was because couldn't afford the rising food prices. The prices being determined by purchasing power and market forces. And there was a functioning parliamentary democracy. At best you could say it was a mixed economy where the ruling party had some socialist economic policies. But you could say that about many modern European countries. So I still think the comparison with China is interesting.