Indian eco.

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Indian eco.

  1. 1. INDIAN ECONOMY<br />B.B.A(I.T)<br />
  2. 2. INTRPDUCTION<br />TO<br />INDIAN ECONOMY<br /><ul><li>The economy of India is the eleventh largest economy in the world by nominal GDP and the fourth largest by purchasing power parity (PPP). </li></ul>.<br />
  3. 3. <ul><li>India was under social democratic-based policies from 1947 to 1991.
  4. 4. Economists predict that by 2020, India will be among the leading economies of the world.
  5. 5. Since 1991, continuing economic liberalization has moved the country towards a market-based economy</li></li></ul><li>SWOT ANALYSIS<br />S=STRENGTHS<br /><ul><li>Huge pool of labour force .
  6. 6. High percentage of cultivable land .</li></li></ul><li><ul><li>Diversified nature of the economy.
  7. 7. Huge English speaking population, availability of skilled manpower.
  8. 8. Stable economy, does not get affected by external changes .
  9. 9. Extensive higher education system, third largest reservoir of engineers.
  10. 10. High growth rate of economy .
  11. 11. Rapid growth of IT and BPO sector bringing valuable foreign exchange
  12. 12. Abundance of natural resources .</li></li></ul><li>W=WEAKNESS<br /><ul><li>Very high percentage of workforce involved in agriculture which contributes only 23% of GDP Around a quarter of a population below the poverty line
  13. 13. High unemployment rate
  14. 14. Stark inequality in prevailing socio economic conditions
  15. 15. Poor infrastructural facilities </li></li></ul><li><ul><li>Low productivity
  16. 16. Huge population leading to scarcity of resources
  17. 17. Low level of mechanization
  18. 18. Red tapism, bureaucracy
  19. 19. Low literacy rates
  20. 20. Unequal distribution of wealth
  21. 21. Rural-urban divide, leading to inequality in living standards </li></li></ul><li>O=OPPORTUNITIES<br /><ul><li>Scope for entry of private firms in various sectors for business .
  22. 22. Inflow of Foreign Direct Investment is likely to increase in many sectors.
  23. 23. Huge foreign exchange earning prospect in IT and ITES sector .
  24. 24. Investment in R&D, engineering design .
  25. 25. Area of biotechnology .</li></li></ul><li><ul><li>Huge population of Indian Diaspora in foreign countries (NRIs) .
  26. 26. Area of Infrastructure .
  27. 27. Huge domestic market: Opportunity for MNCs for sales .
  28. 28. Huge natural gas deposits found in India, natural gas as a fuel has tremendous opportunities.
  29. 29. Vast forest area and diverse wildlife .
  30. 30. Huge agricultural resources, fishing, plantation crops, livestock </li></li></ul><li>T=THREATS<br /><ul><li>Global economy recession/slowdown
  31. 31. High fiscal deficit .
  32. 32. Threat of government intervention in some states.
  33. 33. Volatility in crude oil prices across the world .
  34. 34. Growing Import bill .
  35. 35. Population explosion, rate of growth of population still high .
  36. 36. Agriculture excessively dependent on monsoons.</li></li></ul><li>

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