Historically, India has been one of the world's fastest-growing major economies, with a large population and a diverse range of industries. However, it has also faced several challenges and has room for improvement in various areas. Here are some key points to consider: 1. GDP Growth: India has experienced robust economic growth over the past few decades, but it faced a slowdown even before the COVID-19 pandemic. In recent years, the GDP growth rate has fluctuated, and there has been a need for sustained high growth to address the country's developmental challenges. 2. COVID-19 Impact: The COVID-19 pandemic severely impacted the Indian economy. The country witnessed a significant contraction in GDP in 2020 as a result of strict lockdown measures and disruptions in various sectors. While recovery efforts have been made, the impact of the pandemic continues to be felt in certain sectors. 3. Unemployment: Unemployment has been a persistent challenge in India. The pandemic exacerba...
Welcome to Hayat Ashraf IAS Mentorship Program