this slide shows us the difference of Indian and European Union in the field of economy and finance .

1. ECONOMY & FINANCE

2. INTRODUCTION
 Economics focuses on the behavior and
interactions of economic agents and how
economies work.
 Finance aims to price assets based on
their risk level and their expected rate of
return.
 The ultimate goal of economics and
finance is to improve the living conditions
of people in their everyday life.

3. • The Economy in India is the seventh-largest in
the world by nominal GDP .
• India has the one of fastest growing service
sectors in the world with annual growth rate of
above 9% since 2001, which contributed to
57% of GDP in 2012-13.
• India's economy became the world's fastest
growing major economy from the last quarter
of 2014, replacing the People's Republic of
China.

4. ECONOMIC GROWTH

5. ECONOMY IN EU
• The economy of the European Union generates a GDP
(nominal) of about €14.303 trillion (US$18.451 trillion in 2014)
and a GDP (PPP) of about €12.710 trillion (US$16.773 trillion
in 2014) according to International Monetary Fund.
• The European Union (EU) economy consists of an internal
market and the EU is represented as a unified entity in the
World Trade Organization (WTO).
• The current map of EU growth is one of huge regional
variation, with the larger economies suffering from stagnant
growth and the new nations enjoying sustained, robust
economic growth.

6. ECONOMIC GROWTH

7. EU & INDIA

8. FINANCE
• European commission Promotes the general
interest of the EU by proposing and enforcing
legislation as well as by implementing policies
and the EU budget.
• It is the EU's politically independent executive
arm.
• It is alone responsible for drawing up proposals
for new European legislation.
• IT implements the decisions of the European

10. FINANCIAL BODIES

11. FINANCE
Financial Sector of India – Chief Characteristics
• The financial sector of India allows Most Favored Nation
(MFN) reputation to all international banks and firms offering
financial facilities.
• The sector has relaxed previous MFN tax exemption on
banking activities.
• Allows 12 new financial bank division authorizations every year
to international banks, that is higher as compared to the
existing 8 every year.
• Raises the 10% limit of reinsurance by insurance firms in India.
• Permits 51% foreign endowment in fiscal advisory, issuing,
hiring, business enterprise capital, business banking and non-
banking credit firms.

12. FINANCIAL SYSTEM

13. GOVERNMENT
FINANCE STATISTICS
 The GFS Compilation Guide provides detailed information on
how to gradually introduce the guidelines of the Government
Finance Statistics Manual 2001 and best practices into the
compilation and dissemination of fiscal statistics.
 Government Finance Statistics Manual 2001 Describes an
integrated Government Finance Statistics (GFS) system that is
harmonized, to the extent possible, with the System of National
Accounts, 1993 .
 These statistics are crucial indicators for determining the health
of a Member State’s economy.

14. DEBT TO GDP EU
 Generally, Government debt as a percent of GDP is used by investors to
measure a country ability to make future payments on its debt, thus affecting
the country borrowing costs and government bond yields. This page
provides the latest reported value for - Euro Area Government Debt to GDP -
plus previous releases, historical high and low, short-term forecast and long-
term prediction, economic calendar, survey consensus and news.

15. DEBT TO GDP INDIA
 Generally, Government debt as a percent of GDP is used by
investors to measure a country ability to make future payments on its
debt, thus affecting the country borrowing costs and government
bond yields. This page provides - India Government Debt To GDP -
actual values, historical data, forecast, chart, statistics, economic
calendar and news.

16. LABOUR
PRODUCTIVITY
 A measurement of economic growth of a country. Labor
productivity measures the amount of goods and services
produced by one hour of labor. More specifically, labor
productivity measures the amount of real GDP produced
by an hour of labor. Growing labor productivity depends on
three main factors: investment and saving in physical
capital, new technology and human capital. The results of
regression exercises for various subsets of districts
classified according to growth of output tend to confirm the
hypothesis that labour productivity in agriculture is
determined by the use of capital inputs on the one hand
and output-augmenting modern biological inputs on the
other.

17. INDIA

18. EU

20. INDIA & EU
Achievements:
• India and the European Commission's Humanitarian Aid and
Civil Protection department (ECHO) maintain an ongoing
dialogue for the delivery of humanitarian relief supplies and
assistance during natural disasters (floods, cyclones and
earthquakes) and man-made crisis.
• ECHO has a long history of assistance as a donor of relief
supplies & financing, project planning & coordination, and the
in-field deployment of speciality skill-sets. Several European
universities have vibrant student-exchange and research
partnerships with Indian educational institutions.
• European Commission support for joint research and heritage
conservation projects have enjoyed widespread acclaim in
India.

21. INDIA-EU ECONOMIC
RELATIONSHIP
 EU is India's largest trading partner.
 The bilateral relationship is reviewed annually
by India-EU Summit at the level of India's Prim
Minister and the Presidency of the EU.
 Announcement of strategic partnership was
made at 5th in November 2004, at India–EU
Summit held.

22. EU-India Trade in Goods,
2000-2013