India becomes the 4th largest economy: growth economy explained
Dr. Manmohan Singh known as good reformers and shaping Indias economy journey. His role as both reformer and policymakers. 1991 India faced a severe economic crisis, nearly foreign exchange reserve depleted, it's critical time Dr. Manmohan Singh serving as a finanace minister. Then introduced bold reform, reduce important barrier and open economy to foreign investment and start open and market driven system, believe long term impact, formation of rapid growth IT sector service sector. As PM Dr. Manmohan Singh approach inclusive growth i.e MGNREGA, RTI act 2005,national rural health mission, his time period growth rate exceeding 8 percent. Middle class expand and reduce poverty. Remember me one best quate- strong foundations take time, now the structure is rising. Now explain prasent situation -Indias GDP 4.5 trillion dollar and prasent time stand on 4th position. Indias GDP per capita is 2500$ as compared japans 34000$.indias top 1 percent in India hold over 40 percent of indias we...