Economy, asked by manu12291, 24 days ago

What is the main cause of backwardness of Indian economy

Answers

Answered by mylexcovers
2
The main cause of backwardness of the economy of India is Bad Politics , many politicians are having the control of many powers like Food supplies , branch controls , etc , of they take the advantages of the unsounded public and asks them to vote out to get all the facilities and other promotions
Many politicians too hide their black money
Which they raised for some another reasons or the taxes but are keeping it with themselves
Answered by presentmoment
5

Various issues such as the outburst of population, poverty, lack of literacy, etc. are the major causes for the backwardness of the Indian economy.

Explanation:

  • The Indian economy is still backward and struggling to develop at its potential.
  • However, various issues such as the outburst of population, poverty, lack of literacy, bad infrastructure, lack of proper medical facilities, etc are pulling the developmental process down.
  • All these factors result in bad economic growth. They also affect the improvement in the standard of life of people which also counts as a developmental aspect.
  • The government has undertaken various steps and introduced various policies to improve the situation.
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