higher level of capital formation positive feature of indian economy
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Indian economy is termed as the developing economy of the world. Some features like low per capital 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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this means making and increasing of more goods ,such as machines,tools, factories, buildings,raw materials,fuels etc which are not be further used in producing more goods
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