2 Years Into "Make In India" Initiative, Where Are We So far? - Pragati, IMI Kolkata
The major difference between the high-income and low-income economies lies in the extent to which the country is industrialized. The economies have transitioned from low income to high income by undergoing industrialization, reducing their dependence on agriculture and natural resources and thereby showcasing a globally attractive market for investments. And by using the term ‘industrialization’, it means the advancing manufacturing of goods and services and making sure that it contributes to the highest percentage of the GDP.







