Question

explain the features of Indian economy on the one of independcule ​

Answer 1

Answer:

The saliant features of Indian Economy include the following: Low Per Capita Income. ...

LOW PER CAPITA INCOME. ● ...

DISPARITIES IN INCOME DISTRIBUTION. ● ...

DOMINANCE OF AGRICULTURE AND HEAVY POPULATION PRESSURE ON. AGRICULTURE. ...

OVER POPULATION. ● ...

UNBALANCED ECONOMIC DEVELOPMENT. ● ...

LACK OF CAPITAL. ● ...

LACK OF INDUSTRIALISATION. ●

Answer 2

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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. Today, India is considered a mixed economy: the private and public-sectors co-exist and the country leverages international trade.

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