Indian economy suffers from the problem of reduced aggregate demand and dealing with it requires improving the income and productivity. In this context, suggest the ways to improve the income and productivity in the economy. 10 marks

Mentor’s comment-

https://indianexpress.com/article/opinion/columns/aatmanirbhar-bharat-india-gdp-7049688/
In the intro, mention the reduced private final consumption expenditure in India.
In the body discuss the need for increasing the productivity in agriculture thereby increasing the demand from labour-intensive industrial goods. In the next part, discuss the advantage of population dividend for India. Next mention the need for reforms in several like trade reforms, market reforms etc.
Conclude by mentioning stating the need to use the economic crisis to create a development model that leads to opportunities for the people at the bottom of the pyramid.