Essay writing on indian economy

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Essay writing on indian economy

To know and understand the nature of Indian economy, it is very necessary to have a clear idea about the meaning of Indian economy. Although India is an agro-based economy, but lot of emphasis has been given on the development of industries both consumer goods and capital goodsservice sector including construction, trade, commerce, banking system etc.

Both central and state governments in India join their hands in all the spheres leading to economic development. On the basis of production: Indian economy can broadly be divided into three heads: This sector consists of agriculture and its allied activities including dairy, poultry, cattle rearing, fishing, forestry, animal husbandry etc.

In the primary sector, most of the goods are produced by using natural resources, since India is a overpopulated agro based economy, therefore, this sector plays an important role for economic growth. This sector is also known as industrial sector. In this category, all types of manufacturing sector like large scale, small scale and tiny scale are included.

Small and tiny scale industries include clothes, candle, poultry, match box, handloom, toys etc. These units provide huge employment. On the other hand, large scale industries like iron and steel, heavy engineering, chemicals, fertilizers, shipbuilding etc.

This sector produces different services like transport, communication, banking, insurance, trade and commerce, including both national and international trade. Moreover, all the professional services like doctors, engineers, teachers, lawyers etc.

Again the services provided by the government itself for the welfare of citizens are also included in the tertiary sector. Indian economy can be broadly divided into two heads: It consists of all the economic organizations which are controlled and managed by the government.

All the government-owned production units come under this head. These units produce and distribute goods and services among the common mass with an objective of welfare motives.

It consists of all the economic enterprises which are controlled and managed by the private enterprises. All the privately owned production units are come under this head.

These units will produce and distribute goods and services among the people with an objective of profit motive. On the basis of habitation, Indian economy can again broadly be divided into two heads: About three-fourths of total population in India lived in the rural sector.

The main occupations of this sector are agriculture and allied activities. One-fourth of the total population in India lived in the urban sector. It consists of towns and cities.

People living in this sector are mainly engaged in either secondary sector or tertiary sector.Introduction to Indian Economy. Print Reference this. Disclaimer: GROWTH PROSPECTS OF INDIAN ECONOMY. Economic development in India still depends on the various sectors that constitute the Indian economy – agriculture, services and manufacturing industries.

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Essay writing on indian economy

Indian economy is a good topic for research if one wants to investigate economy of the definite country. Students should focus on the research of this problem in order to learn something about the peculiarities of Indian economy and prepare a good term paper that will be accepted by their professor.

SWOT Analysis of Indian Economy India is the ninth largest economy in the world in terms of GDP. 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. Essay on current indian economy, - As biology past papers edexcel. Order your custom paper now, and you will be able to view a good example on how your paper should look like, to help you write your own.

History Essay Example: Indian Economy Reforms. Posted on November 11, by EssayShark. The history essay example you’ve looked through can’t be used as your own piece of writing. It was published to help you understand how papers of such kind should be written. If you need help with academic writing, don’t hesitate to contact us.

Essay on Indian Economy.

Impact of saarc on Indian economy Essay Sample

Article Shared by. ADVERTISEMENTS: To know and understand the nature of Indian economy, it is very necessary to have a clear idea about the meaning of Indian economy. After Independence India launched her First Five Years plan in ; then now 5-Year Plan is going on.

Impact of saarc on Indian economy | Essay Example