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The indian economy essay

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Famines and epidemics were common. However, after Independence, India made progress by leaps and bounds. Today, as we stand after completing 67 years as an Independent nation and 64 years as a sovereign Republic, India can proudly assert that it has come a long way in the development scenario. Since , Indian economy has practised liberalisation, openness in trade and investment in infrastructure. However, many black areas still remain to be addressed. These certainly are great obstacles to the prosperity of our nation.
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Problems in Indian Economy

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The Growth of Indian Economy Free Essay Sample

It means to open the Trade and Economy for the international players. In other words, every manufacturer or producer of goods can compete for sale of their products without restrictions or without any imposed control. For example, think of a small village market or meal where all are free to come and sell their products at their desired price, irrespective of places from where they come. There are no restrictions on control on their products or the prices.
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Impact on Indian Economy

We use cookies to give you the best experience possible. Don't use plagiarized sources. What is a recession? A drastic slowing of the economy. Where gross national or domestic product has fallen in two consecutive quarters.
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Essay examples. So the question arises exactly what is this change and how Business Indian Economy Investment 2 Pages. Likewise, a depreciating rupee makes exports cheaper and imports expensive. So, it is good news for industries such as IT, textiles, hotels and tourism which generate income mainly from exporting their products or services.
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