Question

suppose record shows that the average income in country has been increasing over period of time.fro. this can we that all sections are of the economy have become better? illustrated your with an example lo ​

Answer 1

After demonetisation implemented by our ruling govt 2 years back, it benefited central govt. Most people who had hoarded money get affected. Also it results in an increase in GDP . But because of that, certain sections of the economy, including business get affected... some face heavy loss.

same in the case of GST also..

India, eventhough it is a mixed economy, having equality as its major goal , failed to maintain in health, education, social security.

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