Explain the failures of economic development of India.
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Answered by
5
Heya....
@@ Failures of economic development in India are as follows.....
--->>> Farmers of some area are still facing the problem of credit avaibility...
--->>> Abject poverty is not vanished ....
--->>> Unemployment crises are present in our economy...
--->>> Infrastructure development is removed somewhere....
--->>> Unequal distribution of income destroying the economy....
@@ Failures of economic development in India are as follows.....
--->>> Farmers of some area are still facing the problem of credit avaibility...
--->>> Abject poverty is not vanished ....
--->>> Unemployment crises are present in our economy...
--->>> Infrastructure development is removed somewhere....
--->>> Unequal distribution of income destroying the economy....
Answered by
11
In 1965-66, 1966-67, 1979-80, 1982-83 and 2002-03, the economy received a big jolt due to failure of monsoons. Large scale import of food grains was resorted to Gulf war in 1991 also caused disruption to Indian Economy. In 1998, due to shortage in the production of onions, the prices increased to Rs. 60 per kg.
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