advantages and disadvantages of the India economy
Answers
Answer:
Disadvantages of Make in India
Negligence of Agriculture. The most negative impact of the Make in India campaign will be in the agriculture sector of India. ...
Depletion of Natural Resources. ...
Loss for Small Entrepreneurs. ...
Disruption of Land. ...
Manufacturing based Economy. ...
Interest in International Brands. ...
Pollution. ...
Bad Relations with China.
Answer:
Explanation:
Advantages -
Inflow of foreign exchange, technologies, latest equipments and expertise
Creation of infrastructure like building, housing for employees
Better quality products at comparable price due to economies of scale
Payment of various taxes thus increase in government revenue
Increase in employment both direct and indirect.
Stiff competition due to large production
Disadvantages -
Entry of foreign companies will displace already existing small and unorganized businesses
May result in monopoly in some fields.
Reparations of profit under guise of dividend payment