Question

Write a few points to improve the industry in india​

Answer 1

Answer:

Some of the ways to improve the economy of India are as follows:

1. India should adopt the approach of selectivity in regard to globalisation, liberalisation and privatisation. The onus of making the right kind of choices should not be left to the bureaucracy or the political system alone, but it should be the joint responsibility of four wings of the society namely, intellectuals, businessmen, bureaucracy, and the politicians.

2. There should not be any doubt about the strong role that the State has to play even in the context of market driven paradigm of development. The legal system, the regulatory system, and the monitoring functions of the State need to be strengthened and made effective.