Question

Structure of Indian economy

Answer 1

Answer:

We know that India is a developing country belonging to the Lower Middle-Income group. In this article, we will outline the basic characteristics of India as a developing economy. This will help us gain a better perspective of the Indian Economic conditions. Suggested Videos Basic Characteristics of India as a Developing Economy In order […]

Infrastructure and Economic Development in India

The economic development or prosperity of a country depends on the development of agriculture and industries. Further, infrastructure plays a pivotal role in increasing agricultural and industrial production. In this article, we will look at economic infrastructure development in India. Suggested Videos Economic Infrastructure Development in India Industrial and agricultural production requires ma

Answer 2

Answer:

There are three structure in Indian Economy

1. Primary economy

2. secondary economy

3. Tertiary economy

In the terms of operations, the Indian economy is divided into organized and unorganized . While for ownership, it is divided into the public sector and the private sector.

Indian economy is a developed economy in which agriculture is the backbone of Indian economy .

60% of the Indian population are poverty line.

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