discuss the role of capital formation in economic development what have been the reasons for slow growth in capital formation in the Indian economy
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What are the causes of low rate of capital formation in India?
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
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