Education as the lifeline of the Indian economy

India news online: Education as the lifeline of the Indian economy

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Education as the lifeline of the Indian economy

India news online: Everyone knows the power of education. Education is the lifeline of every nation as well as the Indian nation. Education affects all sectors of any country.

India news online
India news online

Education is building a strong foundation in any country. If the educational foundation is weak, then the economy has become weak, everyday life of the people is hurt because education is built a foundation of production. Further, we explain which sectors affect education. 

Economy

If the educational foundation of India is weak, the economy will never boost properly. It is time tested formula that education is boosted fastly of the economy.

The literacy rate of India is now 74%. This literacy rate is far behind the developed countries. If the literacy rate is high the production of goods and services is very high.

As a result, the economy of India is boosting fastly and after a few years, India becomes the richest country in the world. 

GDP

If the educational background or literacy rate of India is high then the GDP of India is also increased fastly. If the literacy rate is high the people of India are participating in the economy and as a result, the production of goods and services is increased fastly and the economy will boost.

Foreign relation

If the literacy rate is high then the economy will be high. As a result, the relations of India with other countries will be improved.

Because if the economy is high in India then all countries will show deep interest in India. As we know that Russia, the United States, France, and others countries have strong relations with India for the high Indian economy and deep interests in India’s economy and military exports.

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