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Economic Development in India

India has made significant progress in economic development over the years. Here are some key aspects of India's economic development: 1. Poverty Reduction: India has made substantial strides in reducing poverty. According to official estimates, the poverty rate declined from around 45% in the early 1990s to less than 10% in recent years. Government programs such as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and targeted poverty alleviation schemes have played a role in poverty reduction. 2. Human Development: India has witnessed improvements in human development indicators, including literacy rates, life expectancy, and access to basic healthcare. Efforts have been made to improve education, healthcare infrastructure, and social welfare programs to enhance human development outcomes across the country. 3. Urbanization and Infrastructure: India has witnessed rapid urbanization, with a significant proportion of the population migrating to urban areas. To su...