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Start believe that you can do something great don’t stuck there only whether I can or I cannot always it is possible we are not taking the one step not fully believing things yes it is possible through me also like that, be conscious and take that final step nobody is stopping us, the taught that stops us. If you truly believe go for it. It is ok you are not getting the result also, at least you will be boosting your confidence and you will do better next time to get what you are asked for.

DEVELOPMENT OF INDIAN ECONOMY

The Indian economy has seen significant growth & transformation over the years. Indian economy is one of the fastest growing major economy & also has a large & rapidly expanding population. The economy is influenced by government policies , global market trends & social political factors.

our Indian economy is the 6th largest consumer market in the world & 3rd largest economy.  The Indian economy is the mixed middle income developing social market economy.  Indian GDP growth rate outperformed major economies like Russia , USA , China & Japan.

The population of India is the 1st place in the world with the 1.4 billon people. With worlds largest democracy. With the most young people we can develop the country.

poverty reduction  India has made remarkable progress in reducing extreme poverty between 2011 & 2019 the country halved the share of the population living in extreme poverty.

The Indian economy gives us an idea of the financial framework , market sizes , profits , business motive of the country. After a contraction due to the COVID-19 Pandemic , India’s economy bounced back strongly in 2022 &  become one of the fastest growing economies globally.

To develop Indian economy in sustainable way the following 3 key factors plays a vital role

1. ECONOMIC GROWTH : It helps to generate job opportunities bring quantitative changes in the economy & reflects in per capita income of the country.
2. SOCIAL INCLUSION: It builds the opportunities for people to learn, work, connect with others & have a  voice.
3. ENVIRONMENTTAL PRODUCTION: Indian ranked 108th EPX 2022. It is a practice of protecting the natural environment by individuals , groups & governments.

• Disposal of the large amount of ash based power stations
• Govt role also has major impact like protecting & improving the quality of the environment & preventing , controlling 7 abating environmental pollution

HOW TO IMPROVE INDIAN ECONOMY

1. Boosting private investment. The private investment is a key driver of economic growth.
2. increase consumption.
3.  strengthen the financial sector.
4. Enhance employment & labor reforms.
5. Take advantage of the large domestic market.

 ECONCMIC CHALLENGS IN INDIAN

• Poverty & income inequality
• unemployment & underemployment
• Agriculture Deficit
• Fiscal deficit & public debt
• Corruption & red tape
• Environment sustainability

FUTURE IN INDIAN ECONOMY

• On the economic front , India has been a key growth engine for the world , contributing 16% to the global growth .
• The country’s growth rate of 7.2% in fiscal 2022-2023.

BY , A & GROUP