Economics of India

Kalpesh P. Patel Dr. Cashel-Cordo Global Economics 271 February 1998 50 Years of Independence ; 5000 Years of History INTRODUCTION The Republic of India possesses tremendous contrasts and enormous ethnic, linguistic and cultural diversity. Since independence in 1947, the Indian civilization has expanded in every facet - from its increasing population to its to its intertwining cultural and social systems. There are over 1600 languages, nearly 400 of them are spoken by more than 200, 000 people. Ethnically, the country is comprised of mostly of …

…determination to sdvance forward. Over the centuries, Indian civilization has been put to the test by many forces but it has managed to preserve its heritage and identity. Several factors such as overpopulation and governmental corruption have hindered the advancement of India on the international stage. Through economic reforms, that have been preceded by political reforms, there is evidence that the country shows a great potential for growth and advancement. Bibliography Dr. Kalpesh P. Patel