In , business leaders waited for the outcome of one uncertainty after another. As a result, it seemed the economic spark never got enough oxygen to really burst into flame, even though the fuel was there. It was a very close race between two candidates with radically different approaches to stimulating economic growth. The race itself slowed growth, as businesses waited to see what direction the country would take.
India 's Development And Growth Essay
Indian economy Research Papers - lamirada.info
Please join StudyMode to read the full document. The Indian Economy due to its peculiar trends has been a subject of interest for the world. After independence, the Indian economy was more like a socialist economy : democratic, large public sectors and heavy regulations on private sectors. Around the s the economy reached a point of stagnation. Then, in , India saw the largest economic reforms pioneered by Dr Manmohan Singh, the then finance minister. These changes improve the rate of economic growth and social development. Economists predict that the Indian economy will be the third largest by , after the USA and China.
Indian Economy 2012
He is the provider of food to the people, to all practical purposes. He goes to the fields early in the morning with his cattle when the rest of the world is sleeping comfortably in their warm beds. He rarely cares for the heat or the rains or the cold.