International Journal of Economic and Business Management

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 International Journal of Economic and Business Management

Vol. 5(3), pp. 55-61,  September, 2017.

ISSN: 2384-6151

DOI: 10.14662/IJEBM2017.003



Full Length Research


India, A shift towards new paradigm to create a sound business environment for inclusive growth


Rajeev Rana


Assistant Professor in Economics, Graphic Era University, Dehradun, Uttrakhand


Accepted 14 March 2017



Indian have been characterized as an agrarian economy, and shown predominance of agricultural and other primary activities in the domestic production. While there contribution was very significant as compared to other sector in GDP. From the last two decade the political approach has been changed in India, and now it had been one of the leading economies, as its export composition basket have more weight of manufacturing and electronics goods, beside this Indian has been recognized one of the leading services providing economy. Indian has been shifted to create the political environment in Indian industrial sector including (SME’s) and small enterprises which has registered enormous growth. The doing business in India rank stand (132) has been improved as compared previously. However, still policy paralysis and political environment remain hurdle for the inclusive growth and remain major challenges as elucidate in the global competitiveness report mentioned that India has slip down to lower rank in 2012-13 in (59) than earlier. The paper focused on the objectivity of policy and political approach required for creating sound environment to achieve inclusive development and to address issues such as creating environment for competitiveness and efficiency to boost the economic growth.

policy paralysis, global competitive report, doing business in India.
JEI Classification: R11, P47.


Cite This Article As: Rana R (2017). India, A shift towards new paradigm to create a sound business environment for inclusive growth. Inter. J. Econ. Bus. Manage. 5(3): 55-61.



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