Briefly explain economic elasticity of growth in the Indian economy? What effect can the government actually have on job creation in recent scenario? (150 W)

Mentor’s Comment: Introduction should deal with backgrounder of economic elasticity since 1970 In the main body one should include economic elasticity of different sectors with current ongoing. Next, discuss about its nature and link with other factors like socio- political agenda and filtration of FDI etc. Next, conclude with the appropriate justification.