Economy, asked by purnimasarkar31, 1 year ago

"Indian economic environment has undergone dramatic changes with a shift in development strategy. " comment

Answers

Answered by sailorking
3

Answer:

The economic conditions of the Indian market have gone through dramatic changes with the shifts in the developments in the market of India. There has also been an increase in the purchasing capacity of people over time.

Explanation:

Once it used to be such, that there was no possible thought a middle-class family can have to afford a four-wheeler, but presently the state is such that there have been most of the middle-class families owning a car nowadays.

Answered by bratislava
1

Indian economic environment has undergone dramatic changes with a shift in development strategy.

Explanation:

  • The Indian economy has undergone rapid changes with respect to the development of trade, commerce, and communication. The Indian economy is a vibrant and mixed economy that has undergone certain phases of industrialization.
  • Trade liberalization, removal of subsidies, various policies to attract inward investments. Allocation of resources, and various measures to increase income and saving.  
  • The rise of market-friendly and open border policies that includes the cuts in tariff. They have helped to increase the world economy and aid in the process of development.

Learn more about the Indian economic environment has undergone dramatic changes with a shift in development strategy.

  • brainly.in/question/11025676 answered by  sailorking.
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