India is still a developing country so there are many economic challenges in india's economy. Here are some of them. 1. Weak infrastructure:- With the infrastructure we have in the country, industrial development is not easily possible. With the less production of goods and services India is still highly dependent on imports to meet our needs. The less production means less jobs and less economic prosperity of the country. 2. Unemployment :- Unemployment directly impacts the economy as a whole. When people are unemployed, they spend less money,which ultimately contributes to less contribution to the economy . 3. Population growth:- It is the current economic issue in India as it is the second most populated nation in the world, after China. India's birth rate is very high as compared to the death rate. Many times,the government has to take care of basic requirements like health care, food,education, etc. As a result these circumstances increase the economic burden of the nation. 4. Communal conflicts:- Frequent sectarian violence casts a pall over the economy. As social tensions rise in India, it loses its attractiveness to global investors, it affects the economic growth of India. There are many economic challenges apart from these are low per capita income, huge dependence of population on agriculture, inequality in wealth distribution, poor quality of human capital,low level of technology, etc

Indian government banned wheat export mainly because of :- - Indian wheat production has reduced due to excess heat wave in the North India . - The ban aimed to improve supply of wheat in the domestic market . - In order to address the price rise and to achieve price stability . - There will be food security risk in India , since wheat prices are soaring globally due to Ukraine and Russia war.

Inflation lowers the value of currency and its impact on day to day life is, it increases cost of items like dal, rice, fruits etc. It reduces the purchasing power of consumers. For example: Around 20 years ago 28 rupees could get you about 1 liter of petrol. In today rate you would have to pay 106 rupees to get 1 liter of petrol.This is how Inflation works. Petrol did not changed nor money changed but the value of currency decreased . In short, we have to pay more money for same quantity of goods and services, And this is how inflation is stealing our wealth.