
198 | Business Environment
• Poor Development of Infrastructural Facilities: In India, the infrastructural facilities,
viz., transport, communication, power, irrigation, and so on, have not yet been developed
satisfactorily, as per their requirement throughout the country. is has been causing
major hurdles in the path of development of agriculture and industrial sector of the coun-
try, leading to a poor growth of national income.
• Poor Rate of Savings and Investment: e rate of savings and investment in India is
also quite poor as compared to that of the developed countries of the world. In the recent
times, that is, in 1996–97, the ...