write an article on 'is India shining morally' on 150 to 200 words
Answers
Since the beginning of the twenty-first century, the Indian economy has attracted increasing global attention.
India, which boasts a long history and rich traditions, consistently occupied an important position in the world economy prior to the Industrial Revolution. However, the nation was left out of the expansion of the world economy and it became customary for it to be treated from the economic perspective as a "poor" and "backward" developing country. India began to "shine" again with the globalization of the market economy at the end of the twentieth century, and most observers expect that in the not-so-distant future the nation will, together with China, which has already achieved remarkable progress, become a major power which will influence the future of Japan. India has emerged from a long period of economic hibernation. The country’s economic scene appears excellent ill all spheres. This year can be taken as the most flourishing year that India has ever had after India attained freedom. “
India’s GDP growth in the eighties averages 5% per annum. The growth rate during nineties averaged at 6%, despite some adverse developments. All the prospects of economy have seen a tremendous boom this year. People are said to have experiencing ‘Feel Good Factor’ of the emerging economy.