Idiom of the Day
out of necessity
because of necessity, due to need
The library will close on Saturdays out of necessity. It has no money.
Economy of India
Challenges before Indian economy
Population explosionThe rising population is eating into the success of India. According to 2011 census of India, the population of India has crossed one billion and isgrowing at a rate of 2.11 Percent approx. Such a vast population puts lots of stress on economic infrastructure of the nation. Thus India has to control its burgeoning population.
PovertyAs per records of National Planning Commission, 36 crore people are living below the poverty line in India in 2012.
UnemploymentThe increasing population is pressing hard on economic resources as well as job opportunities. Indian government has started various schemes such as Jawahar Rozgar Yojna, and Self Employment Scheme for Educated Unemployed Youth SEEUY . But these are proving to be a drop in an ocean.
Rural Urban DivideIt is said that India lies in villages, even today when there is lots of talk going about migration to cities, 70 Percent of the Indian population still lives in villages. There is a very stark difference in pace of rural and urban growth. Unless there isn t a balanced development Indian economy cannot grow.