India have to resolve the problem of Poor Economic Infrastructure.
Nation with Poor Economic Infrastructure..
Indian Economy the Fastest Growing and Emerging Economy in the world with growth rate of 7 percent per annum. Poor Infrastructure may be the one of the major hurdle in the development of the Indian Economy. GDP, National Income, Consumption power of each Citizen may be the parameters to analyse the Economy of a Country. In my Nation most of the times the Activity's are always productivities. For Instance Every one digging holes with full energy and and after sometime he himself filling that holes. There were activity but productivity is nill in this case. Activity has its own importance but activity without productivity is always worthless. In India activity without productivity is continuously in practice from past years. Infrastructural deviation's is always accounted by the Financial department of country but dept never take action to resolve those deviations. Example - Income Tax department and Finance Ministry of India set the targets to Increase the no of Income tax payer's and filling of Income tax return's every year. Due to Demonitisation the Income tax revenue was increased. And also the more Income tax returns are filled as compared to last financial year. It may be positive Indicator. It may be satisfactory but I don't think all these measures were not enough to grow our make a white Economy. In last financial year near about 5 crore Income tax return's was filled. And ministry was very happy after this figure was accounted. Rise in filling return's was worth less if all these returns were not Audit by the Employee's of IT dept of India. Every year only 5 lakh Income tax returns was Audited. Due to lack of poor infrastructure and less work force in Income tax dept the more than 99 percent of Income tax returns was remain unaudited every year.. CA, Income tax professionals most of the time filled Income tax returns with Manipulative figures. Due to less man power Dept cant audit accounted manipulative figures . Department should Increase the qualified workforce and also should resolve the problem of poor Infrastructure.. That may be in Interest of Nation...



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