2 lwhat are the characteristics of the
Indian economy
Answers
Answer:
Indian economy is a mixed economy, both public and private sector coexist and participate in production process. It is characterized by high population density and population growth. Approx 30% live below poverty line. There is high level of unemployment, under employment and disguised employment.
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Answer:
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Explanation:
Salient Features of Indian Economy. Indian economy is termed as the developing economy of the world. Some features like low per capita income, higher population below poverty line, poor infrastructure, agriculture based economy and lower rate of capital formation, tagged it as a developing economy in the world.