As economic reforms picked up pace, India's GDP grew five-fold to reach US$2.2 trillion in 2015 (as per IMF estimates). India's GDP growth during January–March period of 2015 was at 7.5% compared to China's 7%, making it the fastest growing economy

1. ECONOMIC
GROWTH
OF INDIA
BY HARSH KUMAR

2. STATISTICS
• GDP
India's nominal GDP growth rate is estimated at 12 per cent in 2019-20. The
estimate for 2018-19 was 11.5 per cent. During Q2 of 2019-20, GDP (at constant
2011-12 prices), GDP stood at Rs 33.16 lakh crore (US$ 474.46 billion) showing a
growth rate of 4.3 percent over the corresponding quarter of previous year.
• GDP RANK
5th (nominal; 2019) 3rd (PPP; 2019)
• GDP GROWTH
4.7% (Q3; 2019-20) 8.2% (16/17) 7.2% (17/18)
6.8% (18/19e) 5.0% (19/20f)

3. STATISTICS
• GDP PER CAPITA
$2,338 (nominal; 2020 est.) $9,027 (PPP; 2020 est.)
• INFLATION
CPI-3.99 per cent in September from 3.28 per cent.
WPI-fell to 0.33 per cent from 1.03 per cent.
• UNEMPLOYMENT
URBAN:-7.8% in urban India
RURAL:- 5.3% in rural India
*(ACCORDING TO FY18)

4. SECTORS
SECTORS Contribution to Contribution to
GDP(%) Employment(%)
AGRICULTURE 17.7 43.1
INDUSTRY 29.02 24.69
SERVICE 53.66 60

6. FACT ABOUT INDIAN ECONOMY
The Economy of India is the seventh-largest in
the world by nominal GDP.
The third-largest by Purchasing Power
parity(PPP).
The country classified as newly industrialized
country, one of the G-20 major economies,
A member of B R I C S.
A developing economy with approximately 7%
average growth rate for the last two decades.

7. Growth Projection For BRICS Economy

9. OBJECTIVE OF ECONOMIC GROWTH
OF INDIA
1. ECONOMIC DEVELOPMENT.
2. INCREASE EMPLOYMENT.
3. SELF-SUFFICIENT.
4. ECONOMIC STABILITY.
5. SOCIAL WELFARE AND SERVICES.
6. REGIONAL DEVELOPMENT.
7. COMPREHENSIVE DEVELOPMENT.
8. TO REDUCE ECONOMIC INEQUALITIES.
9. SOCIAL JUSTICE.
10.INCREASE IN STANDARD OF LIVING.

11. THANK YOU