explain the steps taken by the government in achieving high economic growth in our country.
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Answer:
1:-decreasing the import and increasing the export.
Explanation:
As the government increases the export it would lead in the increasement of selling of goods that is beneficial for the local as well as for country.
and by decreasing the import led to flourish of locals..EXAMPLE THAT OF IN MANCHESTER ERA IN INDIA..
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Steps taken by the government in order to achieve high economic growth in our country are:
- Liberalizing various sectors for foreign investment
- Issuing the one-window clearance approach for better ease of doing business.
- Privatizing the public sectors in order to get more investment
- Promoting better infrastructure avenues.
- Tie-ups with foreign nations for investment.
- Changing the taxation system by bringing in GST.
- Skilled workforce and educational facilities for students.
- Promotion of MSMEs and cottage industries.
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