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Ques: Can growth edge be initiated entirely by securities industry process,in less developed economy like India?why or why not.How does planning supplement in market mechanism in this regard? Ans: emersion process can be initiated by market process in less developed economy like India this can be healthful excuseed with the help of following points. 1. A Quarter Century of Growth with Stability (1980-2005) : The Indian economy has been growing at an sightly growth rate of about 6.0 per cent over a period of 25 divisions since 1980-81 (Indias fiscal year is from 1st April to 31st March). The important point to note is that not only the growth rate of the Indian economy has been luxuriously during this period, but there has been considerable amount of stability also. A remarkable feature of Indias growth experience has been its resilience to twain global and domestic shocks. Several hypotheses atomic number 18 given to explain this level of consistency in Indias growth rate notwithstanding the fact that we faced several exogenous shocks like contagious disease effect of international financial crises, security tensions, international sanctions, shortsighted rainfall, etc. 2.

Recent Acceleration of Growth and Confidence: A guiding light recent development is that India is also becoming a major(ip) hub for manufacturing and export of manufactured products and some examples of global competitiveness of Indian industry may be in order. Steel issue in India is now amongst the lowest-cost production in the world. Pharmaceutical and biotech firms are likewise very competitive internationally. In recent years, we seduce witnessed the coming of age of the Indian IT multinationals, indigenous players beginning to make noticeable presence in other locations through cross-border acquisitions, off-shore winning of contracts and organic growth in other low-cost locations. 3. Explorations on the Financial Sector: A.strong banking sector- The banking system in India has undergone significant changes during last... If you take to get a full essay, order it on our website: Ordercustompaper.com

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