2. Lack of capital 3. Inequalities of income and wealth 4. Inadequate infrastructure 5. Lack of entrepreneurial ability 6. Under developed natural resources 7. Foreign Debt 8. Rapid population growth 9. High rate of Unemployment 10. Illiteracy 11. Unskilled Labor force 12. Outflow of brain drain 13. Poor consumption patterns 14. Low per capita income 15. Technical backwardness 16. Adverse Balance of payments 17. Electricity crisis 18. Terrorism 19. High Population 20. Poverty 21. Inadequate Physical And Social Infrastructure 22. Limited Employment Opportunities 23. Insufficient Basic And Higher Education Opportunities. 24. Growing Population 25. Energy Crisis 26. Budget Deficit 27. Poverty 28. Environment And Health Issues 29. Low Standard Of Living 30. No Development Of Rural Areas 31. Low Per Capita Income Reasons for development 1. High HDI Ranking 2. High GDP 3. Low Population 4. Developed Industry 5. High Technology In All Sectors Of Economy 6. High Income Per Capita 7. Global Trade And Investment 8. High Literacy Rate 9. Political Stability 10. Life Expectancy 11. Inflation Has Been Low 12. Good Infrastructure 13. Consistent GDP Growth 14. High Productivity 15. Equal Distribution Of Wealth 16. Efficient Resource Utilization 17. Long Term Fiscal & Monetary Measures 18. Favorable Trade & Commerce 19. High Saving Ratio 20. Capital Stock 21. Skilled Labor Force 22. High Literacy Rate 23. Lower Population Growth Rate 24. Large Urban Population 25. Strong Infrastructure 26. Higher Public Dev. Expenditures 27. Stable Governments 28. Strong Political Culture 29. Stable Law & Order Situation 30. Effective Employment Laws 31. Better Demand Management 32. Industrial Shift 33. High Rate Of Automation 34. Expenditures On Research & Dev. 35. Developed Markets 36. Economies Of Scale & Value Addition