What are the challenges faced by economic reforms
Dear student,
The challenges faced by economic reforms:
1. The Economic reforms has not been successful in removing unemployment completely.
2. These reforms has not been proved successful in increasing government revenue by means by reducing slab rates and other tariffs and taxes.
3. These reforms has made society materialistic and this has weakened cultural and social values.
4. These reforms has led to uneven growth, the rich have became richer and poor have grew poorer.
5. With view to bring in industrialisation, the agriculture sector has been ignored which provides livelihood to majority of Indian rural population.
Regard
The challenges faced by economic reforms:
1. The Economic reforms has not been successful in removing unemployment completely.
2. These reforms has not been proved successful in increasing government revenue by means by reducing slab rates and other tariffs and taxes.
3. These reforms has made society materialistic and this has weakened cultural and social values.
4. These reforms has led to uneven growth, the rich have became richer and poor have grew poorer.
5. With view to bring in industrialisation, the agriculture sector has been ignored which provides livelihood to majority of Indian rural population.
Regard