The Economy Of India. Secrets of development of the country

The Economy of India… it literally affects everything from the pace of development of modern infrastructure and industry and ending, of course, fascinating culture, unique sights and interesting traditions.

Section 1. The Economy Of India. Overall performance

Today India, whose economy is considered highly controversial, is far from being the last place in the ranking of developing countries. If you approach the issue comprehensively, we can conclude that on the one hand it is called the richest country on the planet (from the point of view of availability of natural resources), the agro-industrial sector, which employs 2/3 of the population is in extremely poor condition.

Actually, the contrasts are striking. Let's try to identify some of the main sectors of the local economy.

1. India's Economy is thriving mainly due to that part of the population that are lucky enough to find a job in the mining industry. And this is not surprising, because India belongs to the fourth part of all the world's coal reserves, a significant proportion of iron, bauxite, manganese, mica, oil, gold, gas and chromite.
2. As you know, is not in place and medicine. Indian doctors and Junior staff, as well as the production of medicines and various equipment – all in demand and very valuable in the world.
3. Country not only has its own nuclear weapons, but also a reputation as a space power. India, unlike other countries in the world, produces its own missiles.
4. The Government of India has made the right decision in terms of production software. Now in the city of Bangalore hosts one of the largest scientific computer centers of the Earth and its products are sent primarily to import.

Section 2. The Economy Of India. Characteristics
If we talk about the main features of economic growth in the region, are the following:

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1. Heterogeneity of regions. In the North of the country (in most cases), the local population lives guided by ancient traditions, customs, established a few centuries ago culture. All this greatly hampers the industrial development of the region. In the southern part of the country once formed the British model development, local people  are considered to be more mobile, adaptable, and therefore a prosperous and flourishing. In the West the population is predominantly light industry, there is a massive development of private and family business.
2. The availability of mineral resources. Brand across the country is coal mining. It is hard to imagine, but in the state managed to place about 500 large mines. In addition, in large quantities mined copper, zinc, tin, alumina, iron and copper ore, manganese and lead.
3. The Presence of deposits like precious metals and stones. The economy of Ancient India, as indeed the modern, depends largely on silver, gold and diamonds.
4. The Nationalization of heavy industry. This process occurred immediately after the Declaration of independence. Now this leading industry belongs only to the state. Most of it, according to experts, was created by the government itself.