Indian economy suffers from the problem of reduced aggregate demand and dealing with it requires improving the income and productivity. In this context, suggest the ways to improve the income and productivity in the economy. 10 marks

Mentor’s comment- https://indianexpress.com/article/opinion/columns/aatmanirbhar-bharat-india-gdp-7049688/ In the intro, mention the reduced private final consumption expenditure in India. In the body discuss the need for increasing the productivity in agriculture thereby increasing the demand from labour-intensive industrial goods. In the next part, discuss the advantage of population dividend for India. Next mention the need for reforms in several … Continue reading Indian economy suffers from the problem of reduced aggregate demand and dealing with it requires improving the income and productivity. In this context, suggest the ways to improve the income and productivity in the economy. 10 marks