India is one of the fastest growing economies in today's world of stiff competition. But in order to be at pace with other nations like China,Japan,USA............etc. It needs to strategically plan the utilization of its resources to have an effective output in terms of increased GDP.For this Indian government should
- Wisely plan according to the importance of products-resources what to export and import in and out of the country.(taking example from USA)
- Expand international collaborations to have the fastest access to latest technology & developments round the globe.
- Build up better infrastructure facilities as most of the services and products go waste because of lack of infrastructure.
- Government should provide more incentive schemes to exporters to boost trade as it is curbing on the incentives provided which affect the trade of the country.
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