Question

India has large coastline and it has direct benefit to indian economy. Explain

Answer 1

The long-term growth prospective of the Indian economy is positive due to its young population, corresponding low dependency ratio, healthy savings[38] and investment rates, and increasing integration into the global economy.[39] India topped the World Bank's growth outlook for the first time in fiscal year 2015–16, during which the economy grew 7.6%.[40] Despite previous reforms, economic growth is still significantly slowed by bureaucracy, poor infrastructure, and inflexible labor laws (especially the inability to lay off workers in a business slowdown).[41]

Answer 2

India has a large coast line and it has direct benifit to indian economy as it is conduit for international trade , especially energy , it is also a valuable source of mineral resources...


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