Question

Write a short note on economic diversity in India?

Answer 1

India is a land of diversity. Even in the economic sphere we find diversity and variation.All people do not have uniform income and economic standard. Over 65% of people in India are suffering from poverty who do not even get two square meals a day. There are middle classes who work hard and save money for future generation. A new economic class has evolved who work in Multinational Companies and earn huge income. Finally, we can also find wealthy and rich people who have traditionally owned industries and land. They also enter politics and gain power.Thus, economic diversity in India has different shades with people of diverse incomes.

Answer 2

Economic diversity refers to great variations found in economic status of people in a country.Jan 6, 2019