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Indian Economy - Top Indian economy depends on farming and Rly. Indian economy website shows data of Indian economy growth with Indian economy status.
Indian Economy - India a low income country - The countries of the world divided into advance and backward economics backward economy sometimes described as under developed Indian economy because of very low per capita income associated with them may also be described as poor country since the process of development has been initiated in these countries they are also known as developing country
According to the recent World Bank classification the countries of the world divided into low income country middle income countries high income oil exporting countries industrial market economics non market industrial economic communist country the definition of low income countries as those having per capita GNP less than 410 in 1980 India per capita income being around Rash 2344 in 1980 to 85 India is a low income country.
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Indian Economy Is Free
B) Characteristics of an underdeveloped economy one low per capita income too low levels of consumption and standard of living per capita consumption of electricity newspaper motor vehicle telephone etc very low intake of food just above the minimum for sustaining life lack of nutrition foods bulk of population suffering from malnutrition and illiteracy and living in hats
C) Occupational pattern indicating that the majority of workers were engaged primary production 69% of the population engaged in agriculture which contributes about 40% of national income in an underdeveloped economy the share of income from the agriculture sector is less than the share of employment in agriculture for heavy population pressure high rate of growth of population density of population in many parts of India very high 5 privilege of chronic unemployment and under development in developed countries even a very low rate of of unemployment cause serious concern to the government not so in an underdeveloped country.
D) Low rate of capital formation through the rate of present 22% in India is satisfactory it should increase for the production of capital goods rather lo 7 month distribution of wealth only 4% of households cornering 31% Abbey wealth in India at poor quality of human capital low level of literacy 36% in 1981 low quality of skill labour output for worker low compare 2 advanced countries 9 prevalence of low level Technology 10 poor economic organisation inadequate operation of by financial institution Marketing Services.
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On Indian Economy Facts
E) Quality of population -
The quality of population generally judged by the criteria of life expectancy the level of literacy and the level of Technical skill life expectancy in the India had increased from 41 years at birth to 55 years during the last three decades the level of literacy has increased from 24 % in 1961 to 36% now the number of technically qualified personal skilled and Semi skilled labour hour has increased manifold does a definite improvement in the quality of population however the general standard of the population rather low marked by ill health lack of education and lack of skills
F) Population explosion -
The tremendous increase in population and in the growth rate of population during 1950 and 1916 has been described as population explosion the sudden increase of growth rate of two 2.5% in some area even to 3% signify add explosive situation to the causes of the population explosion are mainly to be found in the sharp decline in the date rate control of the the epidemic and communicable disease better health care and availability of modern medicine to the bulk of the population prenatal and postnatal care of women improve child health care and attention to important marginal increase in birth rate during this period attributable to slightly improved standards of nutrition and living among the lower classes of population the effect of birth control programs on growth rate of population negligible except in certain pockets in last few years.
G) Effect of population explosion -
Population explosion retarding economic development reduces per capita income and per capita availability of food increase in the burden of and productive consumer increase in unemployment increases in picture on social welfare Mirza like education health Medicare pressure of population on land effect of development nullified effects of the big size of the Family on the family itself disastrous.
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Indian Economy Growth At Present
H) Malthusian theory -
The basic theory of multiple that population increases in geometric progression whereas food production increases in Arithmetic progression appears to be verified for India during 1950 and 1960
I) Population Policy -
1) since independence of government has recognised the need for Population Policy about the alarming increasing in growth rate Rapid decline in that rate is accompanied by proportional decreases in birth rate the effect of such demographic situation on the economy of a country can be cal Amita hence the government family planning and population policies
2) a brief history of family planning in India exclusion two family planning during the first three plan negligible they approach of the government based on Persuasion from individual to individual not very successful Step Up in the family planning programme and scheme since the the 4 plan during the 5 Plan occlusion of 1010 crore of Family Welfare operation of the birth control method by using compulsion during the emergency in 1975 - 77 its adverse effect continued till 1982.
3) VI Plan objectives the long term demographic goal of India is to reduce the net reproduction rate NRR by 1996 for the whole country and by 2001 for each of the states the present level of net reproduction rate is 1.65 the birth rate for thousand to be reduced from 33 in 1978 to 21 and death rate to be reduced form 16 in 1981 to 9% per thousand by the end of the century 60% of The Eligible couple to be protected the target of birth rate for the VI plan is is 25% per thousand which is unlikely to be relied for the country as a whole The Other target envisaged by the VI plan are 22 million sterilization 8 million IUD insertions and protection to 36% eligible couple.
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Indian Economy Today 2020
J) Strategy and programmes of family planning -
The basic strategy of making the family planning programme a part of the total National efforts for providing a better life to the people family planning is not to be the sole responsibility of any one department of the government all government departments are to be involved use of education for promoting family planning integrated approach and coordination of all activities including maternal and Child Health Care Education and nutrition involvement of agencies use of incentives monetary service and other provision of Health Services along with the birth control measures of sterilisation or insertion use of scientific innovations like laparoscopic operation.
K) Choice of methods -
India has adopted the cafeteria approach two family planning wild choice of method terminal method like sterilization non terminal methods like IUD condom and oral pill the choice left to the couple without Corporation aphids to to remove misapprehension about the non efficacy or side effects of any of the method the use of operation medical termination of pregnancy is not an accepted method of family planning however it is the legal and certain benefits are attached to it.
L) Motivation -
Motivation and important part of the family planning drive motivation of family planning workers officials and doctors involvement of voluntary Agencies motivation of Industrial and other establishment extension education.
M) The latest family planning efforts -
Recently the Government of India announced a number of new insane incentive compensation to acceptor has been substantially increased up distribution of green cards to the acceptor of the terminal method of guaranteed professional treatment by government wherever hay fever monetary rewards in the forms of community effort to asset to identifiable group cash ward for the best performing state establishment of health outpost in congested urban area and slums the government had decided not to Resort to distinctive in furtherance of Family Welfare programme .
Conclusion :-
Latest review of the family planning effort indicates satisfactory results main state have exceeded the target in 1982 - 83. This is the indicators of the Indian economy.