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International
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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. 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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