There have been fundamental and irreversible changes in the economy, government policies, outlook of business and industry, and in the mindset of the Indians in general.
1. From a shortage economy of food and foreign exchange, India has now become a surplus one.
2. From an agro based economy it has emerged as a service oriented one.
3. From the low-growth of the past, the economy has become a high-growth one in the long-term.
4. After having been an aid recipient, India has now joined the aid givers club. India has become a net creditor to IMF, since July 2003.
5. Although India was late and slow in modernization of industry in general in the past, it is now a front-runner in the emerging Knowledge based New Economy.
6. The Government is pursuing reforms and liberalization not out of compulsion but out of conviction and consensus.
7. Indian companies are no longer afraid of Multinational Companies. They are becoming competitive and some of them are going global.
8. Fatalism and contentment of the Indian mindset have given way to optimism and ambition. Introspective and defensive approach has been replaced by outward-looking and confident attitude.
9. The Indian culture, which looked down upon wealth as a sin and believed in simple living and high thinking, has started recognizing prosperity and success as acceptable and necessary goals.
10. Graduates no longer queue up for safe government jobs. They prefer and enjoy the challenges and risks of becoming entrepreneurs and global players.
Stable democracy and institutions
11. Largest democracy with stable, mature, vibrant and exemplary democratic governance and institutions.
12. Strong and transparent legal and accounting system.
13. Primacy of rule of law and independent judiciary.
14. Numerous watchful and proactive NGOs.
15. Free, vocal, alert and quality media. 5600...
ponka
What is the impact of budget on th Indian economy?
economic features are features that the economy has
Main characteristics of USA, a developed economy? Main characteristics of INDIA,a developing economy? compare both the economics on the basis of characteristics as noted above? stress on those characteristics of Indian economy which seems as weakness in the development of an economy? give your suggesstion on the basis of the detail you have collected above what charecteristic India should achieve to become a developed economy? make an emphasis on the most significant features of economy of USA which are not found in the INDIAN economy?
Check out the related link on LIC's role in the Indian economy.
Finding salient features of a lyric is easy. The salient is changes in the economy and government.
stamp act
The salient features of Indian banking sector is that it comprises commercial and private banks. The commercial banks are made up of scheduled and non-scheduled commercial banks.
bhag bahinchod
What is salient features of MS Word
write a detail note on microsoft window write its salient features
prominet features, things that are noticable
salient frature of written communication
The most salient and principle point of the article was that the economy was not good.
A salient feature is a prominent or important aspect of something that stands out or is easily noticeable. It is a key characteristic that helps to distinguish or define the object or concept it is associated with.
Salient features mean noticeable, clear to see or obvious features. As an application example: "In his letter, he claimed that he just wanted to say hello, but the more salient message to me was that he was lonely and badly needed a friend to talk to."
Salient features of a organization can vary greatly depending on the individual organization. A common salient feature of all organizations is the focus on careful examinations to maintain a successful and profitable organization.