🇮🇳 India was once a major economic power, accounting for a large portion of the world economy.
💰 India's economy declined after the Industrial Revolution and colonization by a certain country.
📈 Economists believe that India has the potential to become a significant contributor to the world economy again in the future.
India gained independence in 1947 and implemented a centrally planned economy.
In the 90s, the Indian economy faced challenges due to the fall of USSR and high oil prices.
To overcome the situation, India asked for help from the International Monetary Fund and began liberalizing its economy in 1991.
💼 The Indian economy has experienced exponential growth, going from $288 billion in 1992 to $2.9 trillion in 2019.
🌾 The share of agriculture in the country's GDP has fallen to 16%, indicating a shift from an agriculture-based economy to an industrial and service-based economy.
🏭 Despite challenges in inefficiency and infrastructure, India remains a leading producer of agricultural products such as wheat, rice, sugar cane, cotton, and mangoes.
💼 India's industrial manufacturing sector, particularly in chemicals, has experienced rapid growth.
🏭 India is a major producer of pharmaceuticals, cars, bikes, tools, tractors, machinery, and forged steel.
💼 The services sector in India has seen significant growth, particularly in telecommunications, IT software, and BPO.
📈 India's service sector is the backbone of the economy due to its growth and advantages.
🌍 India's growing population is creating both economic opportunities and challenges.
📉 Despite economic growth, living standards and social security remain a concern for most citizens.
📈 India's deteriorating infrastructure and power grid are hindering industries and businesses.
💰 Corruption, bureaucracy, and labor laws are obstacles to India's competitiveness in the international market.
⏳ Despite challenges, India has made improvements in some areas, but more time is needed.
👔 The government aims to expand the formal sector of the economy by attracting more foreign direct investments (FDIs) and creating jobs.
🌱 India has the potential to achieve economic growth by creating labor-intensive industries.
💼 These industries will generate a large number of jobs and contribute to the growth of the middle income class in India.
📈 If India takes the right steps, it could rise and achieve a similar economic status as China did a couple of decades ago.
Lustful Thoughts and The Benefits of Semen (Semen-Retention)
📚 Funções Contínuas - Cálculo 1 (#13)
How to Write a Winning Ad With AI (Chat-GPT)
5 MISTAKES TO AVOID AS A BEGINNER DJ...
SEMEN-RETENTION: Life-Force and Vitality
🔥 Top Scholarships for Master's Students in the USA 🚀2024🏆🇺🇸 | learn & Grow with Divya | Ep :03