ARCHIVES
VOL. 4, ISSUE 1 (2022)
Changing scenario of Indian economy in 21st century
Authors
Vivek Kumar
Abstract
Change is one of the basic characteristics of the nature itself.
Everyone, be it individuals or organizations are subject to change. Even the
systems have such subsystems which are responsible for their own decay. Even
the economic philosophies like socialism and capitalism have tended to change
with the changes in world eco-political scenario. India is no exception to this
basic rule. Emphasizing on the development of basic industries followed by
other developments, the nation made commendable progress in 21st
century. The Republic of India is considered as one of the emerging
superpowers of the world. This potential is attributed to several
indicators, the primary ones being its demographic trends and a rapidly
expanding economy and by GDP India became world's fastest growing economy in
2015 with 7.3% GDP rate. The country must overcome many of the economic,
social, and political problems before it can be considered a superpower.
Download
Pages:81-83
How to cite this article:
Vivek Kumar "Changing scenario of Indian economy in 21st century". International Journal of Management and Economics, Vol 4, Issue 1, 2022, Pages 81-83
Download Author Certificate
Please enter the email address corresponding to this article submission to download your certificate.