Question

Write three important characteristics of India economic ? Answer

Answer 1

Explanation:

1) India’s growth is unbalanced.

The growing regional disparities have dampened political resolve for further economic reforms that might further amplify regional inequalities.

2)The service sector is the largest sector in a country at a low level of development.

3) India’s pro-poor growth strategy presents long-term macroeconomic challenges.

4) Corruption is associated with lower economic growth.

5) The Indian economy has grown greatly since the 1991 reforms.

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