Question

five merits of indian economy explain

Answer 1

1.3 billion populationMajor chunk of population is less than 40Largest growing economy in the worldFunctioning Democracy and regime is having clear mandatePro FDI or Foreign Investment promoting policiesTech Savy people and ability to adopt and spearhead Technological advancementMoving towards a manufacturing hub of the world.Reforms are happening by leaps and boundsSo much of hidden treasure that is yet to unearth..like utilising vast sea coast ie. blue economy, Renewal energy potential, coal resources, rare earth resources etc.Growing middle class and there requirements like a better housing to car to better education for themselves and their children to flight tickets…Main contribuitors of India consumption story…