The document compares India and China's economies and discusses whether India can surpass China's economy by 2020. It outlines key population, economic, and development statistics for both countries. While China currently has a stronger economy and higher literacy rates, India has advantages like a younger population, open markets, and a large outsourcing industry. However, both countries face issues like pollution, unemployment, and corruption that could hamper continued growth. The document concludes it is possible for India to become the fastest growing major economy by 2020 but challenges remain for both nations.
3. INDIA VS CHINA IN 2013
INDIA’S TOTAL POPULATION IS AROUND
1.24 BILLION. WITH AN INCREASING BIRTH
RATE
LITERACY RATE IS AROUND 65-70% IN
WHICH ALMOST 100% IS IN KERELA AND
35% IN BIHAR
NET GOVERNMENT DEBT IN INDIA NOW IS
66.39% BY IMF
INDIA IS ONE OF THE BIGGEST HUB FOR
OUTSOURCING SECTORS.
4. CHINA
CHINA’S TOTAL POPULATION IS AROUND
1.34 BILLION.
STRONG HOLD ON THERE CURRENCY
RATE.
LITERACY RATE IS ABOVE 90%
NET GOVERNMENT DEBT OF CHINA IS
21.31% APPROX.
6. NOW WHATS YOUR OPINION
AFTER THIS SIMPLE DATA?
CAN STILL INDIA
LEAVE CHINA
BEHIND?
OR
INDIA CANNOT
LEAVE CHINA
7. HOW INDIA IS BETTER THAN
CHINA..!!
AGE DISTRIBUTION IN INDIA. MORE
YOUNG POPULATION AT 2020.
FREE MARKET ORIENTATION.
INDIA’S CURRENCY MARKET IS MORE
OPEN THAN CHINA.
INDIA HAS THE ENGLISH LANGUAGE,FREE
PRESS AND THE LEGAL SYSTEM
INHERITED FROM THE UK
OUTSOURCING AND SERVICE SECTOR IS
BETTER.
9. ACCORDING TO AN ECONOMIC
TIMES WRITER
1. India will overtake China as the fastest-growing economy in
the world.
2. India will become the largest English-speaking nation in the
world.
3. By 2020, Indian companies will be major exporters of nuclear
equipment
4. India, along with the US and Canada, will develop new
technology to extract natural gas from gas hydrates.
5. India will also discover enormous deposits of shale gas in
its vast shale.
6. More and more regions of India will demand separate
statehood. By 2020, India will have 50 states instead of the
current 28.
10. YES THIS CAN HAPPEN… BUT…
THERE ARE SOME
PROBLEMS FACED
BY BOTH THE
COUNTRIES WHICH
ARE…
11. PROBLEMS OF CHINESE
ECONOMIC GROWTH…
POLLUTION
SHORTAGE OF POWER
GROWING INCOME INEQUALITY
PROPERTY BOOM
INEFFICIENT BANKING SECTOR
UNEMPLOYMENT
OVERHEATING ECONOMY
HUGE BALANCE OF PAYMENT SURPLUS
12. PROBLEMS OF INDIAN
ECONOMY…
POOR EDUCATIONAL STANDARDS
POOR INFRASTRUCTURE
BALANCE OF PAYMENTS
HIGH LEVEL OF DEBTS
INEQUALITY
RIGID LABOUR LAWS
MORE IMPORTS THAN EXPORTS
14. CAN WE REALLY MAKE IT
HAPPEN??
ITS JUST AN ASSUMPTION THAT WE
CAN….
BUT IT COULD HAPPEN IF WE USE
THE POLICY OF
“STANDING UP AND TAKE THE RISK
NOT TO SIT DOWN AND WATCH…..”
15. REFRENCES
Business insider/why India is better than china
Slideshare.com
Facebook.com/101 reasons why India is the
best
Business and strategy/India to overtake china
IDC top 10 predictions
www.hktdc.com
Wikipedia/India vs China