Advertisements: the following points highlight the top thirteen characteristics of the indian economy some of the characteristics are: 1 low per capita income 2.
Advertisements: indian economy is an underdeveloped economy because almost all important features of an underdeveloped economy arc still present in indian economy. Free essay: unit 17 features of the indian economy structure 1 70 objectives 171 introduction 172 features of the indian economy 173 growth and.
The indian economy has emerged as a robust economic player among the economic giants like-us, uk, china, etc even though the rate of growth has been sustainable and comparatively stable. Characteristics of indian economy, low per capita income, population, emphasis on agriculture, unemployment, poor technology, poverty etc. The economy of india is the eleventh largest economy in the world by nominal gdp and the fourth largest by purchasing power parity (ppp) in the.
The economy of india is a developing mixed economy it is the world's sixth-largest economy by nominal gdp and the third-largest by purchasing power parity (ppp.
Understand how indian economy can be classified as mixed economy 10 india an underdeveloped economy 100 features of an indian economy – a.
Agriculture is the backbone of developing economy of indiafrom last 60 years many changes happened in indian economy from economic reforms of 1991 the indian economy moved towards planned. 15 essential features of indian economy on the eve of independence the main features of indian economy on the eve of independence are as under. This article contains 9 important characteristics of indian economy 1 low per capita income, 2 heavy population pressure, 3 pre-dominance of agriculture, 4. Indian economy is termed as the developing economy of the world it has some features like low per capita income higher population below poverty line and agriculture based economy tagged it.
Indian economy is basically based in the contribution of service sector (currently provides 60% share of gdp) and near about 53% of its population is dependent on the agriculture.