Is India Economically Healthy?
1Dr. Md. Danish Shabbir
Economically healthy has many perspectives which includes financial health of a country, the monetary system, the fiscal policies, the banking structure functioning, the taxation system, the new roll-outs such as GST, the stock market functioning, the interest rates, inflation rates, forex, GDP figures, household conception, savings, young population, debt structure, foreign reserves etc. India is a developing country and among the plethora of examples, this paper shall be highlighting few topics such as GDP (Gross Domestic Product) which is the main indicator of a country’s health along with its partnering factors. In this paper India will be taken as a sample and the method used shall be in graphical and tabular in percentage format. The long-term perspective is very positive about Indian economy on the whole making it is a strong and developing country which is indeed economically healthy no matter in short term perspective the challenges and turbulences keep on hindering its pace of growth. According to a report by PWC (price water house copper) India can take over US by 2050 or so in terms of purchasing power where India is currently standing at 3rd position.
gross domestc product (gdp), forexmarket, onetarypolicy, gst, indian stock market