14.
What are the reasons for low level of capital
formation in India?
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1
Answer:
Reasons for Slow Growth Rate of Capital Formation in India:
Low Saving Ability: ...
Habit of Hoarding: ...
Inflation: ...
Inadequate Investment Channels: ...
Taxation Policy: ...
Insecurity: ...
Lack of Allied Facilities and Infrastructure: ...
Unequal Distribution of Income and Wealth:
Answered by
2
Answer:
Read this article to learn about the sixteen major causes of low rate of capital formation in India. (i) Low rate of growth of national income and per capita income. (ii) High rate of growth of population leading to heavy population pressure in the country. (iii) Vicious circle of poverty
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