Why is the Indian Economy still affected by Floods and Droughts?
Now-a-days, economy of a country shows its status and reputation in the international community. This is mainly because, stronger the economic condition of a country more is the probability that it can sustain on its own in case of disasters like the recent recession in the financial market, floods, earthquake, war etc. Different countries have different techniques to make their economy stronger than the rest, but some win whereas others fail. In spite of this, still there are some nations which had their economy strongest mainly because of huge oil resources like Iraq, Iran etc, new technological innovations, etc. These nations had formed organization that make reforms for international trade in which they ensure that the other nations never surpass them or they never had to face loss for the deal. Just like India is exporting a tones of mangoes for one Harley Davidson bike from US. Now, does that sound anyway benefiting our country? Indian economy is one of the largest in the world.
