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Examine the factors, which appear to have restricted India's rate of economic growth.
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Economics Essay: Examine the factors, which appear to have restricted India's rate of economic growth.(15 marks) Despite India's fine achievement in agriculture and social development, India has been left far behind other developing countries in terms of economic growth. There have been many factors, which have contributed to the restricted economic growth of India. Each of these factors will be examined in this essay. The first factor is the size of India's population. India has the second largest population after China, its population being close to the billion mark. The large population has been an obstacle in terms of economic growth. The large population has put an immense pressure on the limited resources, thus causing a lack of basic amenities such as clean water, electricity and food. The increasing population has led to mass poverty and the country is said to be 328 million below the poverty line as per the World...
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