Question

Explain two positive features of Indian economy.​

Answer 1

Explanation:

1. Low per Capita Income: India's per capita income is very less as compare to developed countries. 2. Agriculture Based Economy: Agriculture and allied sectors provide around 14.2% of Indian GDP while 53% of total Indian population is based on the agriculture sector.

Answer 2

Salient Features of Indian Economy. 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.

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