Size of Indian Economy? What are the challenges faced by Indian Economy? UPSC Economy
LaunchPad IAS Institute LaunchPad IAS Institute
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 Published On Aug 1, 2024

India is expected to become the third-largest economy in the world with a GDP of $5 trillion in the next three years and touch $7 trillion by 2030 on the back of continued reforms, said the Finance Ministry.
The Challenges faced by the Indian Economy are:
Low per capita income, Huge dependence of population on agriculture, Heavy population pressure, Chronic unemployment, Demographic dividend, etc.

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