Why India's Economy is Slowing Down ? | Future of Indian Economy
Автор: Global Economics
Загружено: 2020-07-13
Просмотров: 30007
Описание:
This is India. One of the fastest growing economies in the world. India is the home of roughly 1.3 billion people. Journey of India from being one of the poorest country to the fifth largest economy is quite interesting. Some analytics say the Indian economy could expand with an unbelievable rate. But there are still lot of things that are putting question marks on India's economic growth in the future. You see more than 80% of the India's work force work in informal sector. Also higher Unemployment rate and economic inequality are some of the major problems that India is facing even after higher economic growth. But even with all these problems, Indian economy has grown incredibly in the last 2 decades and lifted more
then 271 million people out of poverty.
But the question now is can the Indian economy grow with same speed in future?
Or what is slowing down the growth of Indian economy?
Well, like these there are many questions.
0:00 Introduction
1:10 History of Indian Economy
3:06 Growth of modern India's Economy
4:11 What slowed down the economic growth of India
5:49 Future of Indian Economy
We have to understand that India is in the same position as china 15 years ago. But India has lot of advantage over china. This does not mean India will take over Chinese economy or US economy but India is going to pull out a lot of its population from poverty. With right management and economic reforms along with massive infrastructure development Indian economy will see a massive growth in the future.
Now we would like to know from you, what should India do more to improve its economy.
Please let us know in the comment section below.
#indianeconomy #economy
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