Economic issues

Economic issues

Everything has two aspects as every coin have two faces

So talking about economy we have to know the basic issues which are faced by our economy. There are too many if we go into depth so here we talk only about some of the major issues face by our economy.

Education :-

Economy of a country doesn’t belong to a particular community or a part of the country, it is not only the worth of country, it is also not only the GDP or GDP growth and rate of a country so the question arise what it is? To understand this first we have to understand that our economy is a whole aggregate of the country and there people so for the betterment of the economy each and everyone should have understanding about this term now let suppose that we are going to a auto driver and ask them what id GDP and what is represent so what can we expect from them.. Nothing actually. So here is the gap and that is education, it is the most important thing for any country for their people to be aware of the normal terms which is the base of the country. Our countries literacy rate is around 74 % which is less than the world’s average. So we have understood here that how education is very much important for the country development and also for then lifestyle and wellbeing of their people. and in absence of these how it becomes a poison for the country like without education people don’t get job and due tom this there is a big unemployment and due to this that particular country get isolated from the world’s economy in absence of skilled person and further we all knew that how it affect the country economy

Corruption :-

Corruption is a very serious problem in INDIA. It not just the system which is corrupted but it’s the whole country who is suffering from this danger disease. As we all know that how this is a great issue in our system of our country, because of only this many people have to give more then it required and due to this great problem can arise like income disparity.

Let’s understand it with the help of example: - now a day’s traffic penalty is the term which is in trending because some days ago government made new rules against the penalties of traffic rules break. So many one appreciate this decision because it is basically for the safety of common people and it will also help the state and center funds. So now a term corruption comes into scene by which both the motives of government and policy makers can’t be fulfilled. If a man who breaks the rules and traffic police ask him for the penalty of 20000 but only because of the corruption the dispute is solved for 2000 so what happen next. Obviously the person does not take it seriously for their safety and also the required amount of money that is needed to go into government fund will not be done

This is only one perspective of corruption but if we go deep down into it nothing can be possible if corruption exist. It is one of those insect which is destroying the economy from inside day by day.

In the same way there is large number of problems/issues which is very harmful for our economy by not only stopping its growth but also letting it pushing backwards day by day. So we all have to raise voice for this to aware more n more people for this.