Activity › Discussion › Essay › Is India a developing country? › Reply To: Is India a developing country?
IshitaMemberAugust 10, 2021 at 2:23 pm::
India could even be a developing country. The economy is down because of poverty and unemployment. Economic reforms are the changes during a country’s economic policies that are crucial for reviving an inactive economy and accelerating the pace of development. Numerous changes were attempted for the country’s economic development. The govt. adopted the fashionable way of developing the economy. the tactic of economic reforms was essentially crisis-driven and was adopted so on mitigate the economic bankruptcy of the 1980s. The economy reforms with the outstanding performance of the software industry, changes within the skilled labour market are also evident. By 2020, India will become the youngest country of the earth , with 64% population within the working age bracket . the govt. will work towards clearing pending proposals. If we are able to stop corruption and provides civil rights to bright and efficient workers, the economic upliftment will definitely increase. Agricultural activities provide about 50% to our economy. Agriculture involves growing and selling of crops, poultry, fishing, cattle rearing, and farming . therefore the govt. . should support the farmers. we should always always always always control the population, because it’s that the foremost important reason for the downfall of the economy. The handicraft items that were losing their ability with the introduction of the economic goods. The demand for these goods began to mention no . The agricultural activities also didn’t pay enough. So we should always always always always pay more attention to economic goods. The Indian economy has gone through numerous positive changes since independence. it’s increasing at an honest pace. the govt. must make efforts to strengthen the economic condition of these areas.