What are the chief characteristics of fundamental rights in India?
Answers
Answered by
2
Strengths.
1.3 billion population
Major chunk of population is less than 40
Largest growing economy in the world
Functioning Democracy and regime is having clear mandate
Pro FDI or Foreign Investment promoting policies
Tech Savy people and ability to adopt and spearhead Technological advancement
Moving towards a manufacturing hub of the world.
Reforms are happening by leaps and bounds
So much of hidden treasure that is yet to unearth..like utilising vast sea coast ie. blue economy, Renewal energy potential, coal resources, rare earth resources etc.
Growing middle class and there requirements like a better housing to car to better education for themselves and their children to flight tickets…Main contribuitors of India consumption story…
Weakness
Long gestation period it takes from policy to implementation levels and that cause cost escalation and once executed might not give the result as it was anticipated..
Threats against harmonious co-living in the name of religion, caste, sect,political affinity etc.
'Chalta hain' attitude of people who should take the initiative in the beurocratic level and political level..
Still there are people who are ready to give a million worth of benefit to a private party for one or few thousands..
Sudden policy actions that need to take after consensus and gradual engagements, like what was taken in currency and about meat..
So much of benefits for foreign corporates, without proper guidance we always mollycoddle and pamper kids what will happen that is applicable with foreign companies as well,
Wrong comparison of correlating Stock market indices with Economic growth without considering the latter is influenced by speculation and foreign fund flow..
Not much has been done to bust the black money stashed abroad and with in, even if it was stated initially that demonetisation was a panacea against domestic black money, still not clear how far succeded in that ground same is the case with money accumulated in the banks of safe havens…
3.8k Views · View Upvoters
Upvote · 6
Downvote
RecommendedAll
DAIVIK BAVISKAR
Promoted by 5paisa
Are you looking to invest in stocks?
Trade and invest with our terminal and app without any brokerage. Play flat fee of Rs 10 per trade.
Rajagopalan K Suryanarayan
Rajagopalan K Suryanarayan, works at Bengaluru, Karnataka, India
Answered Jan 24, 2017
The following are the strengths of Indian economy.
The demography. India is the one country which has highest youth population or productive population.
India has second highest number of English speaking people, next only to US.
India has one of the highest professionally qualified persons in the world. Nearly 1.5 million engineering graduates pass out every year.
India is endowed with most of the natural resources. Some of these like iron ore or Coal or bauxite or manganese etc., are found in abundance.
India is leading top recipient of foreign remittances with 12% of world's foreign remittances in 2015. India with $69 billion is the highest recipient of foreign remittances in 2015. China with $64 billion is next.
India is ranked 6th in manufacturing sector in the world.
India with 4,125,744 four wheeler production in 2015, is ranked 6th in the world.
India with GDP growth of 7.6% in 2016 is the fastest growing economy in the world.
India with $2.4 trillion GDP is 7th largest nominally and third on Purchasing Power Parity.
India offers scope for increase in efficiency. The infrastructure in India is very bad comparatively. Even a slight change will lead to huge benefits economically.
A recent study of Goldman Sachs states that India can grow at a steady growth rate of 8% till 2020. This assumed growth rate will enable some supply side policies like market regulation, improvements in education, training and skilling.
India holds comparative advantage in labour intensive industries.
Diversification of our economy. It is now less dependant on agriculture and Service sector offers chance vfrom higher economic growth.
Weakness of our economy
1.3 billion population
Major chunk of population is less than 40
Largest growing economy in the world
Functioning Democracy and regime is having clear mandate
Pro FDI or Foreign Investment promoting policies
Tech Savy people and ability to adopt and spearhead Technological advancement
Moving towards a manufacturing hub of the world.
Reforms are happening by leaps and bounds
So much of hidden treasure that is yet to unearth..like utilising vast sea coast ie. blue economy, Renewal energy potential, coal resources, rare earth resources etc.
Growing middle class and there requirements like a better housing to car to better education for themselves and their children to flight tickets…Main contribuitors of India consumption story…
Weakness
Long gestation period it takes from policy to implementation levels and that cause cost escalation and once executed might not give the result as it was anticipated..
Threats against harmonious co-living in the name of religion, caste, sect,political affinity etc.
'Chalta hain' attitude of people who should take the initiative in the beurocratic level and political level..
Still there are people who are ready to give a million worth of benefit to a private party for one or few thousands..
Sudden policy actions that need to take after consensus and gradual engagements, like what was taken in currency and about meat..
So much of benefits for foreign corporates, without proper guidance we always mollycoddle and pamper kids what will happen that is applicable with foreign companies as well,
Wrong comparison of correlating Stock market indices with Economic growth without considering the latter is influenced by speculation and foreign fund flow..
Not much has been done to bust the black money stashed abroad and with in, even if it was stated initially that demonetisation was a panacea against domestic black money, still not clear how far succeded in that ground same is the case with money accumulated in the banks of safe havens…
3.8k Views · View Upvoters
Upvote · 6
Downvote
RecommendedAll
DAIVIK BAVISKAR
Promoted by 5paisa
Are you looking to invest in stocks?
Trade and invest with our terminal and app without any brokerage. Play flat fee of Rs 10 per trade.
Rajagopalan K Suryanarayan
Rajagopalan K Suryanarayan, works at Bengaluru, Karnataka, India
Answered Jan 24, 2017
The following are the strengths of Indian economy.
The demography. India is the one country which has highest youth population or productive population.
India has second highest number of English speaking people, next only to US.
India has one of the highest professionally qualified persons in the world. Nearly 1.5 million engineering graduates pass out every year.
India is endowed with most of the natural resources. Some of these like iron ore or Coal or bauxite or manganese etc., are found in abundance.
India is leading top recipient of foreign remittances with 12% of world's foreign remittances in 2015. India with $69 billion is the highest recipient of foreign remittances in 2015. China with $64 billion is next.
India is ranked 6th in manufacturing sector in the world.
India with 4,125,744 four wheeler production in 2015, is ranked 6th in the world.
India with GDP growth of 7.6% in 2016 is the fastest growing economy in the world.
India with $2.4 trillion GDP is 7th largest nominally and third on Purchasing Power Parity.
India offers scope for increase in efficiency. The infrastructure in India is very bad comparatively. Even a slight change will lead to huge benefits economically.
A recent study of Goldman Sachs states that India can grow at a steady growth rate of 8% till 2020. This assumed growth rate will enable some supply side policies like market regulation, improvements in education, training and skilling.
India holds comparative advantage in labour intensive industries.
Diversification of our economy. It is now less dependant on agriculture and Service sector offers chance vfrom higher economic growth.
Weakness of our economy
Similar questions