describe briefly Indian recent economical problems?
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Answer:
INDIAS RECENT ECONOMIC PROBLEMS:
- Low per capital income.
- Huge dependence of population on agriculture.
- Heavy population pressure.
- The existence of chronic unemployment and under-employment.
- Slow improvement in Rate of Capital Formation.
- Inequality in wealth distribution.
- Poor Quality of Human Capital.
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Explanation:
challenge for economy is include weak investment, muted monetary transmission and slow GSD collections.
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