Question

Write a paragraph on Why Indian economy is not good as other countries have and what are the ways to uplift economy?​

Answer 1

Answer:

India’s economy has not grown as fast as it could, or as fast as other countries. Much of this is because of the economic policies of the Indira Gandhi government and the fact that India shied away from a manufacturing-based economy for a long time, instead focusing on a white-collar services sector. While India had a natural advantage in leveraging its educated English-speaking elite to become a destination for American outsourcing, this can only be a limited engine of economic growth for India. For a nation overwhelmingly comprised of peasants and farmers to grow, it needs to focus on industrialization and manufacturing. Despite numerous problems, this has been the underlying understanding of the Narendra Modi government and its economic policies. There is much resistance to this, however, since modern India has a historically conditioned wariness towards free trade and manufacturing induced partially in part because of India’s colonization by the British, led by the exploitative British East India Company (EIC).

Answer 2

To lift up economy we have to not use money unnecessary . Use it in any work