Question

write any three effect of economic growth on the people of India​

Answer 1

Answer:

The economic development in India followed socialist-inspired politicians for most of its independent history, including state-ownership of many sectors; India's per capita income increased at only around 1% annualised rate in the three decades after its independence.[1] Since the mid-1980s, India has slowly opened up its markets through economic liberalisation. After more fundamental reforms since 1991 and their renewal in the 2000s, India has progressed towards a free market economy.

Answer 2

answer:

• The economic growth rate of india has some positive and some negative effects.

• The living standards of the people has risen up to considerable event.

• economic growth had broaden up opportunities and provided the resources requirement for investment in human development.