Development of Indian Economy - Challenges and Opportunities

Abstract

The given paper (explorative-cum-descriptive in nature) covers briefly how the eight main factors affect the five main problems, i. e.

1. 1.       Poverty
2. 2.       Unemployment & Underemployment
3. 3.       Wide disparities in personal incomes
4. 4.       Wrong philosophy of life & the long spell of foreign rule/Minority rule and
5. 5.        Corruption in every form

The Father of the Nation, Gandhiji had seen Independence as an opportunity to wipe the tear from every eye and Shri Nehru's ‘Tryst with Destiny' has turned out to be ‘a date with despair'. It is an empirical research based upon the secondary data collected through study of various academic works in the relevant field.