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In this video, we are going to be discussing about Indian Economics.
The Indian economy is regarded as the world's developing economy. Its low per capita income, high percentage of people living below the poverty line, inadequate infrastructure, agriculture-based economy, and low rate of capital formation are some characteristics that classify it as a developing economy globally. The Indian economy gives us an idea of the financial framework, market sizes, profits, business motives of the country.
Note: PV Narasimha Rao is referred to as the Father of Indian Economic Reforms. From 1991 to 1996, he served as India's ninth Prime Minister.
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