which factor has deleted the impact of Indians economic progress
Answers
Answer:
Six Factors That Affect Economic Growth
Natural Resources
Physical Capital or Infrastructure
Population or Labor
Human Capital
Technology
Law
Answer:
HEYA!! HERE IS YOUR ANSWER.....
Explanation:
1. India has sustained rapid growth of GDP for most of the last two decades leading to rising per capita incomes and a reduction in absolute poverty.
2. Per capita incomes (measured in US $) have doubled in 12 years
3. But India has one third of all the people in the world living below the official global poverty line. It has more poor people than the whole of sub-Saharan Africa
4. Per capita income is $1,270, placing India just inside the Middle Income Country category
India's per capita income is 1/20th that of the UK
5. Life expectancy at birth is 65 years and 44% of children under 5 are malnourished. The literacy rate for the population aged 15 years and above is only 63% compared to a 71% figure for lower middle income countries.