Thread: Economic Issues of India

Yea the man’s main problem is with poverty. In developed countries the government won’t allow anyone feel such problems and ultimately the one who has been in poverty starts his way to individuality, so thereby it’s an automatic process just we need to push the person to fly on his own

Originally Posted by LeadIndia

Yea the man’s main problem is with poverty. In developed countries the government won’t allow anyone feel such problems and ultimately the one who has been in poverty starts his way to individuality, so thereby it’s an automatic process just we need to push the person to fly on his own

Government do not have to make feel anything to anyone. I developed countries people are sufficient enough to make their own livings and they are well cultured and educated enough to make cope their basic needs. But the thing is different with india as we are talking about india. Poor chidlren are too busy in their own work that they do not get time to study. and even if they get a chance they hardly go! Poverty is indeed a main issue here.

Lack of technology is according to me the main issue of india. People whoa re working in the agricultural sector and textile industry usually needs latest technology to make their work easier, but the government is not helping them out in providing with the same. workers do not have enough money to purchase these technology and hence they have to work as a labor that takes a hell lot of time in producing a thing that can be produced in minutes. This is one of the main issue that is hindering the growth of economy in india.

There are various Economic issues prevailing in India and the major reason for this is our weak policies made by incompetent finance ministers and their subordinates. Though we claim of developing economy, almost half of our nation still lurks in poverty. The economic inequality prevails high in the Indian sub-continent which i think is the prime concern.

The inflation rate in the Indian Economy is another issue of the Indian economy. In May this year, the Indian inflation was recorded as 8.72 percent. The inflation rate in India was last reported at 8.72 percent in May of 2011. In July, the June inflation was recorded at 9.44 percent. The problem of inflation has always gone up and due to this reasons economy of india is still hampering and facing a lot of problem.

Lack of education affecting the indian Economy in many ways. Despite high number of English speaking people in India, most of the population is not educated enough. Rural areas and women are found to be illiterate till date which is adversely affecting economy. Indian economic issues are many but the lack of education among people about the economy of india and how they are depriving the indian government from the good economic score is a matter of concern.

In my view the real economic issues start from the rural parts of India where none spares any attention. Everyone is busy in improving the standards of Metro cities and other urban cities, ignoring the rural areas which are the majority in India. Government is devising good policies but these are of no worth to those poor people living the rural places. Hence there remains an economic imbalance in the country.