Indian economy is underdeveloped, stagnant. It depreciated and has semi-feudal features with a clear dominance of agriculture, underutilized natural resources and heavy population pressure. Among other its typical features are: low levels of living, lack of social overhead capital, industrial backwardness, capital deficiency, income disparities, absence of enterprise and initiative.
Comments
Dear visitor, please use panel for submitting new questions
In a developing country like india being employed itself does not ensure a decent standard of living ?Do you agree?Give reason in support answer
Leave a comment