Reality and Potential of the Indian Economy

Indian economy placed tenth in the world economy in terms of nominal GDP and it is third largest by Purchasing Power Parity (PPP). But yet it lacking in several major economical issues like poverty, unemployment and population. The poverty alleviation programs are not implemented effectively. The economic policies of India are becoming critical day by day. The liberalization brought a good sign of development for India. The growth rate for the economy has been worst. Major contributor to Indian GDP ‘Agriculture’ is lacking in advancement and suffers from inefficiency and traditional technology. This article aims to put emphasis on real economic structure and what is should be out of it.