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India, officially republic of India is a country in Southern Asia, which consists entirely of the Indian Peninsula and parts of the Asian mainland. On the north, one can find Afghanistan, China, Nepal, and Bhutan; on the east, Bangladesh, Myanmar, and the Bay of ....

Middle of Essay
.... in agriculture, which supplies 30 percent of the country's GDP. Production, trade, and investment reforms since 1991 have given new opportunities for Indian business persons and an average of 300 million middle class consumers. Many of the country's fundamentals which includes saving rates (26 percent of GDP) and reserves (now about $24 billion) are healthy. Inflation eased to 7 percent in 1997, and interest rates dropped to between 10 percent and 13 percent. However, the Indian government still needs to restore the early momentum of reform, especially in continuing to reduce the remaining government regulations. Furthermore economic policy cha ....