What are your views regarding Indian economy?

Question

Accepted Answer

Indian economy is a developing economy with a huge potential for growth.

India is the world's sixth-largest economy by nominal GDP and third-largest by purchasing power parity.
The economy is driven by the service sector, followed by agriculture and manufacturing.
India has a young and growing population, which can be a huge asset for the economy.
The government has taken several initiatives like Make in India, Digital India, and Skill India to boost the economy.
However, there are challenges like unemployment, poverty, and income inequality that need to be addressed.
The COVID-19 pandemic has also impacted the economy, but the government has announced several relief measures to mitigate the impact.

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