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Economy of India. Secrets of the development of the country

The economy of India ... This country strikes literally everything from the pace of development of modern infrastructure and industry and ending with an amazing culture, unique sights and interesting traditions.

Section 1. The Economy of India. General indicators

To date, India, whose economy is considered highly controversial, is by no means the most recent in the ranking of developing countries. If we approach the issue in a comprehensive manner, we can conclude that on the one hand it is called the richest country on the planet (in terms of the availability of minerals), on the other hand, the agro-industrial sector, in which 2/3 of the country's population is employed, is located In an extremely deplorable state.

In fact, the contrasts are amazing. Let's try to identify several major industries of the local economy.

  1. The economy of India thrives mainly due to the part of the population who was fortunate to find work in the mining industry. And this is not surprising, because it is India that owns a quarter of the world's coal reserves, a significant proportion of iron, bauxite, manganese, mica, oil, gold, gas and chromites.
  2. As you know, medicine does not stand still. Indian doctors and junior staff, as well as the production of medicines and various equipment, are all in demand and very valuable in the world.
  3. The country has not only its own nuclear weapons, but also the reputation of a space power. India, unlike other states of the planet, independently produces rockets.
  4. The Government of India has made the right decision in terms of software production. Now in the city of Bangalore one of the largest scientific computer centers of the Earth is located, and its products are sent primarily to imports.

Section 2. The Economy of India. Characteristics
If we talk about the main features of the economic growth of this region, we can single out the following:

  1. Heterogeneity of regions. In the north of the country (in most cases), the local population lives, guided by ancient traditions, by the customs that were established several centuries ago by culture. All this significantly hinders the industrial development of the region. In the southern part of the country once formed the British model of development, the local people are considered more mobile, adaptable, and therefore prosperous and prosperous. In the west, the population is mainly engaged in light industry, there is a massive development of private and family businesses.
  2. Availability of mineral resources. Absolutely throughout the country , coal is mined. It is difficult to imagine, but on the territory of the state managed to accommodate about 500 large mines. In addition, copper, zinc, tin, alumina, iron and copper ore, manganese and lead are massively mined.
  3. Presence of deposits of both precious metals and stones. The economy of Ancient India, as, indeed, the modern one, largely depends on silver, gold and diamonds.
  4. Nationalization of heavy industry. This process occurred immediately after the proclamation of independence. Now this leading industry belongs only to the state. Most of it, according to experts, was created by the government itself.

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