The nature and basic characteristics of the Indian economy are hallmarked by and overall low per capita income. Other important characteristics are overpopulation, unemployment, and price instability.
The characteristic s of the rural economy in India is that land ownership is Communal. The other characteristic is that the people mainly practice subsistence farming.
it depends on GDP(gross domestic product)
Structural features of Indian economy implies structure of the economy which is as follow: (a) Mixed economy:It is a mixture of private and public enterprises (b) Dual economy:There is traditional agriculture and modern industries (c) Earlier it was Agrarian economy:prominence of agriculture in the economy both as a contributor to the GDP as well as to the generation of employment but now contribution to GDP is just 13.7 percent.
The features of Africa colonial economy is that most of the countries inherited the structures from the colonialists.
January to June is the slack season in India's economy.
3 Lions
importance or need of information technology
Structural features of Indian economy implies structure of the economy which is as follow: (a) Mixed economy:It is a mixture of private and public enterprises (b) Dual economy:There is traditional agriculture and modern industries (c) Earlier it was Agrarian economy:prominence of agriculture in the economy both as a contributor to the GDP as well as to the generation of employment but now contribution to GDP is just 13.7 percent.
The Indian economy is a mixed economy, with elements of both capitalism and socialism. It is primarily based on services, industry, and agriculture sectors. Key industries include information technology, pharmaceuticals, textiles, and automotive. The government plays a significant role in regulating key sectors and promoting inclusive growth through various social welfare programs.
What is the impact of budget on th Indian economy?
economic features are features that the economy has
Why is the Indian economy considered 'a great paradox'
Implications of Foreign Direct Investment in Indian Economy
Main characteristics of USA, a developed economy? Main characteristics of INDIA,a developing economy? compare both the economics on the basis of characteristics as noted above? stress on those characteristics of Indian economy which seems as weakness in the development of an economy? give your suggesstion on the basis of the detail you have collected above what charecteristic India should achieve to become a developed economy? make an emphasis on the most significant features of economy of USA which are not found in the INDIAN economy?
Main characteristics of USA, a developed economy? Main characteristics of INDIA,a developing economy? compare both the economics on the basis of characteristics as noted above? stress on those characteristics of Indian economy which seems as weakness in the development of an economy? give your suggesstion on the basis of the detail you have collected above what charecteristic India should achieve to become a developed economy? make an emphasis on the most significant features of economy of USA which are not found in the INDIAN economy?
what is wto ? n wat is his impact on Indian economy?
Check out the related link on LIC's role in the Indian economy.
A market based (capitalist) economy.
The Indian economy does get benefit from globalization because the economy is allowed to access markets in many countries.