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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.

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9y ago
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9y ago

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.

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11y ago

it depends on GDP(gross domestic product)

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Q: What are the features of Indian economy?
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