What are the key factors affecting India's economic growth in 2024
Understanding the factors influencing India's economic growth and development.
- Government policies and reforms: The effectiveness of government policies and reforms aimed at boosting various sectors of the economy will play a significant role in India's economic growth.
- Global economic conditions: India's economic growth will also be influenced by the global economic environment, including factors like international trade, foreign investments, and global demand.
- Infrastructure development: Adequate infrastructure development, including transportation, communication, and energy, is crucial for facilitating economic growth and attracting investments.
- Economic stability and inflation control: Maintaining economic stability and keeping inflation under control are essential for sustainable economic growth in India.
- Social factors: Demographic trends, human capital development, and social welfare policies also impact India's economic growth by affecting the labor force and consumer demand.
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