Question

explain silent features or characteristics of Indian economy​

Answer 1

Explanation:

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.

Answer 2

The salient features of Indian Economy include the followings:

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(1) Mixed Economy.

(2) Low per Capita Income.

(3) Dominance of Agriculture and Heavy Population Pressure on Agriculture.

(4) Over-Population.

(5) Unbalanced Economic Development.

(6) Low rate of capital formation.

(7) Lack of Infrastructure Facility.

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