Major reason for lower Per Capita Income of India as compared to Brazil
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Low per capita income proves its poverty. (vii) Rural Economy: The Indian economy is the rural economy. Indian agriculture is backward. It has great pressure of population. Income in agriculture is low and disguised unemployment is more in agriculture. (viii) Lack of Skilled Labour: In India, unskilled labor is in abundant supply but skilled labor is less due to insufficient industrial education and training.
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