Modern India is a big country with its democratic constitution tag, and it often communicated different values to the world at its sphere of perfectness and perseverance. Besides, the concept of unity in diversity can add more benefits to the whole nation, and the present situation is very opposite to the one in the past. In the world, there are different suggestions on how to make India a more financially literate country.
The basic objective or goal of this nation is to connect young people with the system to get rid of existing gaps in the environment and develop the right vision. Basically, the rural development is important to ensure the development of India and make it financially literate. Some of the main factors that shouldn’t be overlooked include people who have enough commitment, courage, confidence, and caliber. They all should listen to effective recommendations to work hard toward the economic development of the whole country.
First, being under developing is the most common word used to determine the economic status of modern India by economists and other specialists. For some people, it may seem a bit projected and probabilistic, but they need to realize the number of HNIs who live in this country and their high growth rates. The stories or examples of 3 major economists are used all over the world as effective indicators of growth, and they include service segments, agriculture, manufacturing, and production. They all provide people with a better insight of the economic side of India and its major struggles or problems. The whole situation in this country demands to eliminate its neglected encouragement.
According to existing statistics and systems, it’s obvious that more than 50% of local inhabitants suffer from India being financially illiterate. The good news is that this rating can be reduced up to 30% in the near future, but India requires the efficient system of bureaucracy to be implemented, especially in its mislead or neglected areas.
In summary, when India earned its independence, people were happy, but the current reality is quite sad because it’s overwhelmed with negative movements, such as terrorism, feudalism, communalism, and so on. It’s a country where poor people become pooper while wealthy citizens become richer nowadays. India needs to get rid of corruption and implement effective financial techniques.
Modern India is a big country with its democratic constitution tag, and it often communicated different values to the world at its sphere of perfectness and perseverance. Besides, the concept of unity in diversity can add more benefits to the whole nation, and the present situation is very opposite to the one in the past.