India's Strategies for Economic Sustainability in the Face of Market Challenges
Jothilakshmi, Infant Sojiya
MBA Student – AIMS IBS Business School, India
Aims Ibs Business School, India
Abstract
This research paper explores India's strategy for achieving economic sustainability in the face of obstacles given by a competitive and dynamic market environment. This paper reveals India's comprehensive strategy by carefully analyzing the complex web of regulations, trading procedures, and socioeconomic efforts. It examines how these tactics help to achieve a harmonic balance between social progress, economic progression, and environmental preservation in addition to addressing market uncertainties. This article offers insights useful for policymakers, economists, and academics trying to comprehend practical methods for promoting economic sustainability while navigating the intricacies of global markets via the lens of India's experiences.
The first objective of this investigation is to analyze India's tactics for ensuring economic sustainability amidst market competition. By examining a range of strategies such as economic liberalization, technological innovation, entrepreneurship, and infrastructure development, the study aims to uncover how India sustains its economic growth and competitiveness.
The second objective centers on dissecting the intricate interplay of policies and strategies that empower India to navigate market challenges effectively. Through a comprehensive analysis of trade policies, foreign direct investment norms, financial sector reforms, and other strategic initiatives, the research seeks to reveal the synergies and trade-offs involved in fostering economic sustainability.
The third objective focuses on how India strikes a balance between economic growth, social development, and environmental preservation in the midst of complex market dynamics. By investigating inclusive growth programs, poverty alleviation schemes, and environmental initiatives, the study aims to shed light on India's efforts to create a harmonious coexistence between economic prosperity and societal and ecological well-being.
This investigation aims to provide a comprehensive understanding of India's multifaceted strategies for economic sustainability within a competitive market context. By addressing the three outlined objectives, the research seeks to contribute valuable insights into India's capacity to not only navigate market challenges but also uphold social welfare and environmental integrity on its path to sustained economic growth.