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This creates apprehensions in the minds of big MNC's who want to expand in India and hence slows down the progress.
ECONOMIC CAUSES
1. Poor Infrastructure: The infrastructure of the country like roads, airports, ports, etc are too outdated in today's modern world and is the single most important factor for the slow economic progress of the country...
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Extensive efforts needs to be made in this area to make India globally competitive.
2. Impractical Education Structure: The Indian education system is not geared towards vocational education. It doesn't produce many technicians, which are the backbone of a growing economy.
3. Low Average GDP: The GDP of India is very low as compared to the size of the nation...
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