Indian Economy Essay,500+ Words Essay on the Indian Economy
WebThe Indian economy has been staging a sustained recovery since the second half of , although the second wave of the pandemic in April-June was more severe from WebIndian economy can be broadly divided into two heads: (i) Public Sector: It consists of all the economic organizations which are controlled and managed by the government. All WebAug 30, · India is the world's fourth-largest economy. It produced $ trillion in goods and services in 1 But it has a long way to go to beat the top three: China, with a ... read more
For example, if the essay is on the Indian Economy then divide it into different parts like Agriculture, Industry, or Services sector, etc. You can also use sub-heads for each of these main divisions to make things easier for yourself while writing down the final draft of your work. In this part, start by researching a particular topic thoroughly so that you have a clear idea as to how to proceed with it in detail before actually starting off with the actual writing process itself. This way there would be no loose ends left at the end of the whole thing and your essay would be complete and well-structured.
Fourth Step: Drafting the Essay:. Start by writing an introduction to your topic, explaining what it is all about in detail. After that, start discussing different points one by one with proper evidence backing up everything you say. Make sure each paragraph flows smoothly into the other so that the reader does not lose focus at any point while reading through it. The conclusion should summarize all your findings and leave a lasting impression on the mind of the reader. The rise in the prices would cause RBI to increase interest rates. Thus, those in debts, would face difficulty in paying back loans. This restricts investment in public services like education and health.
India has large reserves of foreign currency, but there has been running a current account deficit. Also, imports are growing faster than exports. The wide chasm caused a giant fall in the value of rupee between and The disparity between rich and poor sections is increasing by the day. Economic growth has failed to benefit the poor. Recently, callous remarks were made about the poverty index. The period has seen a slowdown in economic growth. Unemployment rates have to be brought down. India is behind China, which has comparatively a better developing economy. Poor quality and limited outreach of education is another hurdle. Below we have given a short essay on Indian Economy is for Classes 1, 2, 3, 4, 5, and 6. This short essay on the topic is suitable for students of class 6 and below.
Till today, many rural Indians lack basic amenities, like sanitation and water. Labour laws are rigid and politically exploited. A few amends would bring the Indian economy back on track. To reduce fiscal deficit, direct transfer of subsidies should be mediated across India. e document. abs d. width -c. height -c. bind h[0],function e {t e } } } ,s. attr "tabindex","0". snapAmount instanceof Array? abs h[0]. offsetTop ,Math. s[1]:s[0] ,G t,x. toString ,{dir:f. void f. step ,void f. scrollInertia 1? width :l. t:e t ;if! ae m [1]:ae m [0];case"string":case"number":if oe t return Math. abs t ;if -1! abs f-parseInt t. abs p }if -1! split "px" [0] return Math.
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It is one of the most exciting and emerging markets in the world. Since , India has grown as a planned economy. The first few plans focused on growth with the strengthening of the manufacturing sector, emphasising heavy industries to form the backbone of the economy. Other principal areas of planning were agriculture and social development. It gave India an opportunity to shake off the shackles of its past and emerge on the world stage as a progressive nation. This essay on the Indian Economy will help students know about the Indian economy in detail. Students can go through the list of CBSE Essays on different topics.
It will help them to improve their writing skills and also increase their scores on the English exam. Moreover, they can participate in different essay writing competitions which are conducted at the school level. India is on the high road to economic growth. Since , the world economy has declined due to the COVID pandemic. Repeated waves of infection, supply-chain disruptions and inflation have created challenging times. Faced with these challenges, the Government of India has taken immediate action so that it has the least impact on the Indian economy. The Indian economy has been staging a sustained recovery since the second half of , although the second wave of the pandemic in April-June was more severe from a health perspective. The national lockdown has affected small businesses, common people and everyone in India.
Due to this, the Indian economy has gone down. But now, it is slowly rising up and taking its form. Agriculture is one of the most important sectors of the Indian economy. It supplies food and raw materials in the country. However, with the development of industries and the service sector, the percentage of the population depending on agriculture, as well as the share of agriculture in the national product, has come down. Agriculture is the source of food supply. Agriculture is also a major source of foreign exchange earnings through export. The major items of export include tea, sugar, tobacco, spices, cotton, rice, fruits and vegetables etc. Industry is the secondary sector of the economy and is another important area of economic activity.
Initially, the public sector contributed the maximum to economic growth. In the early s, it was found that the public sector undertakings were not performing up to expectations. So, in , the Indian Government decided to encourage the role of the private sector in industrial development. This step was taken to strengthen the process of industrialisation in India. The progress of the Indian economy after independence was impressive indeed. India became self-sufficient in food production due to the green revolution, and industries became far more diversified. However, we still have to go a long way to become a 5 trillion economy by But, with government effort and the right policymakers, it can be achieved.
Students must have found this essay on Indian Economy useful for improving their essay writing skills. Your Mobile number and Email id will not be published. Request OTP on Voice Call. Post Comment. CBSE Essays Essay on Indian Economy. Leave a Comment Cancel reply Your Mobile number and Email id will not be published. Did not receive OTP? Register Now. Share Share Share Call Us. Grade Class 1 Class 2 Class 3 Class 4 Class 5 Class 6 Class 7 Class 8 Class 9 Class 10 Class 11 Class 12 IAS CAT Bank Exam GATE. Download Now. css "width",i. setWidth ,i. css "height",i. setHeight ,i. wrapInner ". css {width:Math. ceil i[0]. floor i[0]. prepend s[0]. append s[1]. next ".
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India's Economy and Its Challenges, Opportunities, and Impact,Related Posts
WebAug 30, · India is the world's fourth-largest economy. It produced $ trillion in goods and services in 1 But it has a long way to go to beat the top three: China, with a WebThe Indian economy has been staging a sustained recovery since the second half of , although the second wave of the pandemic in April-June was more severe from WebIndian economy can be broadly divided into two heads: (i) Public Sector: It consists of all the economic organizations which are controlled and managed by the government. All ... read more
The Indian middle class consists of almost million people, bigger than the U. scrollAmount,j t,e,o }if a. cancelAnimationFrame S. attr "class" ;switch i. Both realize the potential advantages of a partnership.
documentTouchScroll e, essay on indian economy. removeClass d[5] :o. Rajan found that banks were holding onto derivatives to boost their own profit margins. Every year, a lot of research papers on India's Economy are written by various students all over India. Share Share Share Call Us. preventDefault ,e. The major items of export include tea, sugar, tobacco, spices, cotton, rice, fruits and vegetables etc.
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