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Question

Discuss the development statistics of india for last ten years.hint due to lpg policy

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Solution

As per the records Since 1992, income inequality has increased in India with consumption stable in poor staying while the wealthiest generate consumption growth.Indian GDP growth rate became lowest in 2012-13 over a decade, it grow at 5.1%, India's economic reforms apparently failed to address employment growth, nutritional values in terms of food intake in calories, and also exports growth - and thereby leading to a worsening level of current account deficit compared to the prior to the reform period.Takinf FY 2013-14 the growth rebounded to 6.9% and then in 2014-15 it rose to 7.3% as a result of the reforms put by the New Government which led to the economy becoming healthy again and the current account deficit coming in control. Growth reached 7.5% in the Jan-Mar quarter of 2015 before slowing to 7.0% in Apr-Jun quarter.

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