Question

India is a developing economy justify with points

Answer 1

India's "survice sector's" GDP and "industrial sector's " GDP are increasing and "agriculture sector's " GDP is decreasing.

The simpel of develped country in high level survice and industry and low level agriculture.

After 1991 India included in the list of developing country because LPG(Liberalization,Privatization.Globalization)

And also India's Import-Export distance is shorting.

It is also an example for justify "India is an developing country"

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