Industry- India-New Industrial Policies [IAS (Admin.) Mains Geography]: Questions 1 - 1 of 1

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Question 1

Describe in Detail Subjective▾

Among several factors for India՚s potential growth, savings rate is the most effective one. Do you agree? What are the other factors available for growth potential?

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Explanation

India՚s Potential Growth

  • Given uncertain global prospects in medium term, India will have to depend largely on its domestic growth drivers for future growth, savings rate being the most effective of them. Even the Indian experience of high growth rates during 2005 - 08 of around 9.5% was characterised by high savings and investment rates along with …

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