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  Published Paper Details:

  Paper Title

From Reforms to Results: Trade, Infrastructure, and Finance as Pillars of India's Economic Growth

  Authors

  Mayur Ramdas Kumbhar

  Keywords

Economic Growth, Trade, Infrastructure, Financial Reforms

  Abstract


India has emerged as one of the fastest-growing major economies globally, driven by strategic reforms and robust policy initiatives. This research article explores the pivotal roles of trade, infrastructure, and finance in propelling India's economic growth. Trade liberalization and diversification have significantly boosted export performance, integrating India more deeply into the global economy. Concurrently, ambitious infrastructure projects like the Bharatmala Pariyojana and the Smart Cities Mission are transforming transportation and urban living standards, enhancing connectivity and productivity. Financial sector reforms, including banking stability measures, financial inclusion initiatives, and the promotion of digital payments, have fortified the economic framework, ensuring resilience and broad-based growth. The synergy between these sectors has created a conducive environment for sustained economic development. However, challenges such as infrastructure deficits, regulatory complexities, and skill gaps remain and need to be addressed to maintain growth momentum. This article provides a comprehensive analysis of how these three critical areas collectively contribute to India's rapid economic ascent and discusses future prospects and strategies for continued progress.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2406881

  Paper ID - 264022

  Page Number(s) - h842-h848

  Pubished in - Volume 12 | Issue 6 | June 2024

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Mayur Ramdas Kumbhar,   "From Reforms to Results: Trade, Infrastructure, and Finance as Pillars of India's Economic Growth", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.12, Issue 6, pp.h842-h848, June 2024, Available at :http://www.ijcrt.org/papers/IJCRT2406881.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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