English, asked by anjuraghuwanshi7879, 1 month ago

how does free India stand ?​

Answers

Answered by itzy939
13

Answer:

india is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 142nd by GDP (nominal) and 124th by GDP (PPP) in 2020.

Answered by sriramvsynergy
0
  • The Indian government has taken a number of steps to be able to reduce and lower the deficit.  
  • The government has a variety of plans that aim to make the government debt problem manageable.  
  • The government is also simplifying the tax system by reducing the number of taxpayers and lowering the amount of taxes they have to pay.  
  • However, the government has also had to cut spending, such as on public assistance programs and the military, which will hurt the economy.
  • The legislature is trying to reduce the deficit and it is one of their top goals.  
  • The government has tried to reduce its budget deficit in the past few years.  
  • The government has tried to increase taxes and fees, and even raise fees on those businesses that do not pay their taxes.  
  • The government has also been trying to cut spending because of the economic situation it is in.

#SPJ3

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