The passage discusses India's declining economic growth rate of 5.3%, the lowest in seven years, and the implications this has. It notes that the near double-digit growth previously promised to lift hundreds of millions out of poverty but that goal is now in jeopardy. The economic miracle now feels like a mirage with the currency slump, decline in private investment, and falling GDP. Lower growth carries significant social costs as jobs and opportunities for the large youth population are reduced.
Macroeconomics which is a branch of economics dealing with the performance, structure, behaviour, and decision-making of an economy as a whole, rather than individual markets, is considered to be tough subject for students who are preparing for competitive exams. This is the 1st Volume of DID YOU KNOW: Indian Macroeconomics Made Easy which will uncover some interesting and not so known facts about Indian Macroeconomics which took Indian economy to what it is today. This edition specifically unveils the facts from 1999-2013.
The document discusses inflation and challenges faced by India's economy over the past decade. It defines inflation and notes that India has struggled with inflation since the 1950s, with rates spiking after economic liberalization in the 1990s. Several factors are identified as contributing to inflation in India during different time periods, including increases in oil prices, fiscal deficits, rising food and commodity costs, and higher government spending. The impacts of inflation on consumers and the overall economy are also reviewed. Challenges like a weakening rupee are examined. Tables show India's inflation rates by year and consumption category from 1990 to 2013.
This report gives the different aspects relating the GDP growth of India. GDP rate since independence, reasons for fluctuation in GDP, role of Indian government in growth of GDP, role of public, privet and government in growth of GDP and finally reasons of devaluation of devaluation of rupee in comparison to dollar are outlined in a nutshell.
This document summarizes macroeconomic performance in India across four areas: foreign capital flows, human development indicators, the power sector, and globalization/privatization/liberalization. It provides details on foreign portfolio flows, foreign institutional investments, gender equality, healthcare, education, the power industry, and reforms related to capital flows and the economy. Key points include gradual liberalization of capital flows, a shift from debt to non-debt flows, improvements in gender equality and health/education indicators, issues facing the power sector, and the impact of reforms on foreign investment.
effect of inflation on indian economy pptBabasab Patil
India's economic growth over recent decades has had significant impacts globally and environmentally. India has experienced strong growth averaging over 5% annually since the 1980s, reducing poverty and becoming an emerging global economic power. This growth is projected to contribute substantially to future global economic expansion. However, it also risks increasing global energy demand and greenhouse gas emissions substantially if India's development remains fossil fuel reliant. There is potential for India and other developing nations to pursue more sustainable "leapfrog" strategies emphasizing renewable energy and resource efficiency.
Concept of GDP (Gross Domestic Product) and GDH (Gross Domestic Happiness)TanmayGanorkar1
The document discusses the concepts of GDP (Gross Domestic Product) and GDH (Gross Domestic Happiness). It defines GDP as a monetary measure of the value of all final goods and services produced within a country in a given period. GDP is commonly used to determine a country's economic performance and allow for international comparisons. It then outlines the key components that comprise GDP - consumption, investment, government spending, and exports/imports. The document also provides rankings of countries by GDP value and details about India's GDP. It then introduces GDH/GNH as an alternative concept that aims to measure overall well-being by considering environmental, health, education and happiness indicators, in addition to economic factors. It outlines the
Macroeconomics which is a branch of economics dealing with the performance, structure, behaviour, and decision-making of an economy as a whole, rather than individual markets, is considered to be tough subject for students who are preparing for competitive exams. This is the 1st Volume of DID YOU KNOW: Indian Macroeconomics Made Easy which will uncover some interesting and not so known facts about Indian Macroeconomics which took Indian economy to what it is today. This edition specifically unveils the facts from 1999-2013.
The document discusses inflation and challenges faced by India's economy over the past decade. It defines inflation and notes that India has struggled with inflation since the 1950s, with rates spiking after economic liberalization in the 1990s. Several factors are identified as contributing to inflation in India during different time periods, including increases in oil prices, fiscal deficits, rising food and commodity costs, and higher government spending. The impacts of inflation on consumers and the overall economy are also reviewed. Challenges like a weakening rupee are examined. Tables show India's inflation rates by year and consumption category from 1990 to 2013.
This report gives the different aspects relating the GDP growth of India. GDP rate since independence, reasons for fluctuation in GDP, role of Indian government in growth of GDP, role of public, privet and government in growth of GDP and finally reasons of devaluation of devaluation of rupee in comparison to dollar are outlined in a nutshell.
This document summarizes macroeconomic performance in India across four areas: foreign capital flows, human development indicators, the power sector, and globalization/privatization/liberalization. It provides details on foreign portfolio flows, foreign institutional investments, gender equality, healthcare, education, the power industry, and reforms related to capital flows and the economy. Key points include gradual liberalization of capital flows, a shift from debt to non-debt flows, improvements in gender equality and health/education indicators, issues facing the power sector, and the impact of reforms on foreign investment.
effect of inflation on indian economy pptBabasab Patil
India's economic growth over recent decades has had significant impacts globally and environmentally. India has experienced strong growth averaging over 5% annually since the 1980s, reducing poverty and becoming an emerging global economic power. This growth is projected to contribute substantially to future global economic expansion. However, it also risks increasing global energy demand and greenhouse gas emissions substantially if India's development remains fossil fuel reliant. There is potential for India and other developing nations to pursue more sustainable "leapfrog" strategies emphasizing renewable energy and resource efficiency.
Concept of GDP (Gross Domestic Product) and GDH (Gross Domestic Happiness)TanmayGanorkar1
The document discusses the concepts of GDP (Gross Domestic Product) and GDH (Gross Domestic Happiness). It defines GDP as a monetary measure of the value of all final goods and services produced within a country in a given period. GDP is commonly used to determine a country's economic performance and allow for international comparisons. It then outlines the key components that comprise GDP - consumption, investment, government spending, and exports/imports. The document also provides rankings of countries by GDP value and details about India's GDP. It then introduces GDH/GNH as an alternative concept that aims to measure overall well-being by considering environmental, health, education and happiness indicators, in addition to economic factors. It outlines the
This document is a project report on the impact of macroeconomic determinants like inflation, unemployment, foreign direct investment, and poverty on India's GDP growth rate. It provides an economic profile of India, including key statistics on GDP composition and growth. It then analyzes various macroeconomic factors in depth, discussing inflation rates and causes, types and measurement of unemployment, trends in foreign investment, and the challenges of poverty. The report concludes by emphasizing the importance of investment and effective policymaking for India's continued economic development.
This document provides an overview of a pilot study examining the impact of Gross Domestic Product (GDP) on economic development. It includes an abstract, introduction describing the background and problem statement, and outlines the research methodology. The body of the document then defines GDP and how it is calculated, discussing key concepts like stocks and flows. It also examines how GDP is measured using the expenditure and income approaches, and how this relates to the circular flow of income and expenditure in an economy.
The indicators of indian economy ppt @ mba 2009Babasab Patil
The document discusses various leading economic indicators of the Indian economy such as GDP growth trends, inflation rates, interest rates, credit levels, exports, imports, foreign investment, stock market performance, monsoon rainfall, and development indicators. Leading indicators can provide useful insights into the future direction of the economy by signaling turning points in business cycles ahead of changes in broader economic conditions. Monitoring a basket of leading indicators allows for more accurate forecasting of the overall performance of the Indian economy.
This document provides an overview of GDP trends in India over the past decade. It discusses what GDP is and how it is calculated. It then analyzes India's GDP growth rate, GDP per capita, and GDP from key sectors like agriculture and manufacturing from 2011 to 2016. Recent years saw GDP growth of 7.1-7.3% annually. However, demonetization in 2016 is estimated to have slowed GDP growth to 0.5% between October 2016 and March 2017, down from 6.4% in the prior six months. The document was presented by a team of four students and acknowledges the support received.
GDP all methods explanations with examples,team members =HIRDAYRAJ SAROJ, APURVA SATIA, ADITI MULE, from SVIMS College Wadala,Mumbai BATCH-MMS I (2016-2018)
India's GDP growth rate declined to a three-year low of 5.7% in the second quarter of 2017, losing India its status as the world's fastest growing major economy to China. This slowing was attributed to demonetization, GST implementation, and a broader slowdown in private investment, government spending, consumption, and net exports. Structural reforms are needed to boost exports and investment to support stronger GDP growth going forward.
Impact of Inflation and GDP Of India And the United States on Its Foreign Exc...GurpreetSingh1986
- As various countries are now getting global and are opening their market for foreign companies, various
investors are investing in those countries, which means the demand for currency is increasing, affecting the
currency exchange rate.
In this research paper, the author tries to establish the relation between macroeconomic variables like
Inflation and GDP on the currency exchange rate. The author has collected the secondary data of Inflation rate
and GDP and tries to see its relationship with the currency exchange rate system. The author has used a correlation
and regression model to analyze the relationship between the dependent and independent variables.
The document provides an overview of the Indian economy and compares it to other economies. It discusses how the Indus Valley civilization had an advanced economic system based on agriculture, trade, and urban planning. After independence, India adopted socialist economic policies including five-year plans. While India and South Korea had similar income levels in 1950, South Korea surpassed India's GDP per capita by adopting more market-based reforms. Key challenges faced by India and China include agricultural issues, unemployment, and inequality. Lessons highlight the need for inclusive growth through quality job creation and investment in social sectors.
Indian Economy - History, Present, and Future ScenarioRavi Teja Reddy
India has had a long history as one of the largest and most advanced economies in the world. While its share of global GDP and trade declined in the late 20th century, economic reforms in the 1990s set India on a path of high growth. However, job creation has not kept pace with GDP growth. The future of India's economy will depend on its ability to generate sufficient employment through support for skills development, labor reforms, and building internationally competitive companies that can create and own intellectual property assets.
India's annual economic growth slumped in the January-March quarter to a nine-year low of 5.3% as the manufacturing sector shrank and a fall in the rupee to a record low suggests the economy remains under pressure in the current quarter.
The document analyzes the impact of macroeconomic and bank-specific factors on the profitability of Punjab National Bank and Axis Bank over 13 years. It examines variables like GDP, inflation, interest rates, liquidity ratios, capital adequacy ratios, and operating costs to determine their effect on the banks' return on assets. Key findings include Axis Bank generally having higher liquidity and risks but lower costs than Punjab National Bank. Return on assets increased over time for both banks but was higher for Axis Bank.
This document analyzes factors influencing India's economic growth, including demographics, foreign direct investment, infrastructure, and employment. It discusses how population trends, FDI policies, infrastructure spending on areas like healthcare, education, electricity and transport, and government employment programs impact economic development. The conclusion questions whether real growth is occurring and envisions India's potential future economic standing if current trends continue.
Gross Domestic Product (GDP) consists of consumer spending, investment expenditure, government spending and net exports hence it portrays an all-inclusive picture of an economy because of which it provides an insight to investors which highlights the trend of the economy by comparing GDP levels as an index. It is used as an indicator for most governments and economic decision-makers for planning and policy formulation. In case of GDP, each component is given the weight of its relative price. GDP helps the investors to manage their portfolios by providing them with guidance about the state of the economy. Calculation of GDP provides with the general health of the economy. A negative GDP growth portrays bad signals for the economy. When the economy is expanding, the GDP growth rate is positive. If it's growing, so will businesses, jobs and personal income. If the GDP growth rate turns negative, then the country's economy is in a recession. It is not a measure of the overall standard of living or well-being of a country. Although changes in the output of goods and services per person (GDP per capita) are often used as a measure of whether the average citizen in a country is better or worse off, it does not capture things that may be deemed important to general well-being. Without an increase in GDP, there are always going to be limitations to economic development.
1. The document provides an overview of the Indian economy, including key economic indicators and statistics from 2015.
2. It outlines the structure and characteristics of the Indian economy, such as its developing status, agricultural base, and economic reforms since the 1990s that have liberalized the economy.
3. The economic reforms have transformed India into one of the fastest growing economies in the world with an average growth rate of 7% over the past two decades.
The Incredible India Growth Story. Some facts have changed as of today, but rests are pretty accurate.
I am not the author of the Presentation, and It was posted in a public forum. www.tongbram.com
In the publication "India 2020 Economy Outlook", D&B attempts to evaluate and analyse the prospects of the Indian economy over the next six years. This publication provides a forecast of key macroeconomic variables over the next few years. The publication also covers analysis of various Indian states with respect to their potential to contribute to India’s growth. It also analyses various enablers and major policy initiatives that would drive and facilitate India’s economic journey. It also presents various challenges to growth in the next few years.
The document provides an overview of the anatomy and analysis of the Indian economy. It begins with defining anatomy and how it applies to studying the Indian economy. It then summarizes the characteristics of the Indian economy during the pre-independence, post-independence, and post-liberalization periods. Key sectors of the economy are analyzed on the basis of economic activities and ownership. A SWOT analysis identifies strengths like a large workforce and educated population, weaknesses like poverty and inequality, opportunities like foreign investment, and threats like global recession.
India has experienced rapid economic growth since liberalizing its economy in 1991. It has transitioned from an agriculture-based economy to one with strong industries like technology. India is now the world's second fastest growing major economy and the 10th largest by GDP. However, growth has slowed recently due to challenges like inflation, the current account deficit, and tight monetary policy. Looking ahead, forecasts indicate India has strong potential to become a leading global economy, with projections that it could become the world's third largest by 2030 due to continued growth of its large middle class.
This document provides an overview of India's economic growth and development. It discusses India's past as one of the largest economies in the world historically. It then summarizes India's GDP trends over time periods from 1500-1990. It discusses how India's economy declined under British colonial rule but is now the fastest growing nation and expected to become a top global economic power. The document outlines various advantages and opportunities for growth in India related to its large market size, population, infrastructure developments and government initiatives.
This document provides an overview and analysis of the Indian economy in 2011-12. It summarizes the key findings of the annual Economic Survey presented to Parliament, including a slowdown in GDP growth to 6.9% due to weak industrial growth, high inflation that has begun to decline, and a likely fiscal deficit slippage. It also discusses developments in agriculture, industry, fiscal policy, prices, trade and the global economic challenges faced by India.
The document provides an overview of the key topics covered in the Indian Economic Survey of 2011-12, including:
1) What is an economic survey and its purpose of reviewing the previous year's economic performance and prospects.
2) The status of the Indian economy in 2011-12, with growth estimated at 6.9% compared to 8.4% in the previous two years, largely due to weakening industrial growth.
3) Highlights and conclusions from the survey covering fiscal developments, prices and monetary policy, trade, agriculture, industry, infrastructure and other sectors.
This document is a project report on the impact of macroeconomic determinants like inflation, unemployment, foreign direct investment, and poverty on India's GDP growth rate. It provides an economic profile of India, including key statistics on GDP composition and growth. It then analyzes various macroeconomic factors in depth, discussing inflation rates and causes, types and measurement of unemployment, trends in foreign investment, and the challenges of poverty. The report concludes by emphasizing the importance of investment and effective policymaking for India's continued economic development.
This document provides an overview of a pilot study examining the impact of Gross Domestic Product (GDP) on economic development. It includes an abstract, introduction describing the background and problem statement, and outlines the research methodology. The body of the document then defines GDP and how it is calculated, discussing key concepts like stocks and flows. It also examines how GDP is measured using the expenditure and income approaches, and how this relates to the circular flow of income and expenditure in an economy.
The indicators of indian economy ppt @ mba 2009Babasab Patil
The document discusses various leading economic indicators of the Indian economy such as GDP growth trends, inflation rates, interest rates, credit levels, exports, imports, foreign investment, stock market performance, monsoon rainfall, and development indicators. Leading indicators can provide useful insights into the future direction of the economy by signaling turning points in business cycles ahead of changes in broader economic conditions. Monitoring a basket of leading indicators allows for more accurate forecasting of the overall performance of the Indian economy.
This document provides an overview of GDP trends in India over the past decade. It discusses what GDP is and how it is calculated. It then analyzes India's GDP growth rate, GDP per capita, and GDP from key sectors like agriculture and manufacturing from 2011 to 2016. Recent years saw GDP growth of 7.1-7.3% annually. However, demonetization in 2016 is estimated to have slowed GDP growth to 0.5% between October 2016 and March 2017, down from 6.4% in the prior six months. The document was presented by a team of four students and acknowledges the support received.
GDP all methods explanations with examples,team members =HIRDAYRAJ SAROJ, APURVA SATIA, ADITI MULE, from SVIMS College Wadala,Mumbai BATCH-MMS I (2016-2018)
India's GDP growth rate declined to a three-year low of 5.7% in the second quarter of 2017, losing India its status as the world's fastest growing major economy to China. This slowing was attributed to demonetization, GST implementation, and a broader slowdown in private investment, government spending, consumption, and net exports. Structural reforms are needed to boost exports and investment to support stronger GDP growth going forward.
Impact of Inflation and GDP Of India And the United States on Its Foreign Exc...GurpreetSingh1986
- As various countries are now getting global and are opening their market for foreign companies, various
investors are investing in those countries, which means the demand for currency is increasing, affecting the
currency exchange rate.
In this research paper, the author tries to establish the relation between macroeconomic variables like
Inflation and GDP on the currency exchange rate. The author has collected the secondary data of Inflation rate
and GDP and tries to see its relationship with the currency exchange rate system. The author has used a correlation
and regression model to analyze the relationship between the dependent and independent variables.
The document provides an overview of the Indian economy and compares it to other economies. It discusses how the Indus Valley civilization had an advanced economic system based on agriculture, trade, and urban planning. After independence, India adopted socialist economic policies including five-year plans. While India and South Korea had similar income levels in 1950, South Korea surpassed India's GDP per capita by adopting more market-based reforms. Key challenges faced by India and China include agricultural issues, unemployment, and inequality. Lessons highlight the need for inclusive growth through quality job creation and investment in social sectors.
Indian Economy - History, Present, and Future ScenarioRavi Teja Reddy
India has had a long history as one of the largest and most advanced economies in the world. While its share of global GDP and trade declined in the late 20th century, economic reforms in the 1990s set India on a path of high growth. However, job creation has not kept pace with GDP growth. The future of India's economy will depend on its ability to generate sufficient employment through support for skills development, labor reforms, and building internationally competitive companies that can create and own intellectual property assets.
India's annual economic growth slumped in the January-March quarter to a nine-year low of 5.3% as the manufacturing sector shrank and a fall in the rupee to a record low suggests the economy remains under pressure in the current quarter.
The document analyzes the impact of macroeconomic and bank-specific factors on the profitability of Punjab National Bank and Axis Bank over 13 years. It examines variables like GDP, inflation, interest rates, liquidity ratios, capital adequacy ratios, and operating costs to determine their effect on the banks' return on assets. Key findings include Axis Bank generally having higher liquidity and risks but lower costs than Punjab National Bank. Return on assets increased over time for both banks but was higher for Axis Bank.
This document analyzes factors influencing India's economic growth, including demographics, foreign direct investment, infrastructure, and employment. It discusses how population trends, FDI policies, infrastructure spending on areas like healthcare, education, electricity and transport, and government employment programs impact economic development. The conclusion questions whether real growth is occurring and envisions India's potential future economic standing if current trends continue.
Gross Domestic Product (GDP) consists of consumer spending, investment expenditure, government spending and net exports hence it portrays an all-inclusive picture of an economy because of which it provides an insight to investors which highlights the trend of the economy by comparing GDP levels as an index. It is used as an indicator for most governments and economic decision-makers for planning and policy formulation. In case of GDP, each component is given the weight of its relative price. GDP helps the investors to manage their portfolios by providing them with guidance about the state of the economy. Calculation of GDP provides with the general health of the economy. A negative GDP growth portrays bad signals for the economy. When the economy is expanding, the GDP growth rate is positive. If it's growing, so will businesses, jobs and personal income. If the GDP growth rate turns negative, then the country's economy is in a recession. It is not a measure of the overall standard of living or well-being of a country. Although changes in the output of goods and services per person (GDP per capita) are often used as a measure of whether the average citizen in a country is better or worse off, it does not capture things that may be deemed important to general well-being. Without an increase in GDP, there are always going to be limitations to economic development.
1. The document provides an overview of the Indian economy, including key economic indicators and statistics from 2015.
2. It outlines the structure and characteristics of the Indian economy, such as its developing status, agricultural base, and economic reforms since the 1990s that have liberalized the economy.
3. The economic reforms have transformed India into one of the fastest growing economies in the world with an average growth rate of 7% over the past two decades.
The Incredible India Growth Story. Some facts have changed as of today, but rests are pretty accurate.
I am not the author of the Presentation, and It was posted in a public forum. www.tongbram.com
In the publication "India 2020 Economy Outlook", D&B attempts to evaluate and analyse the prospects of the Indian economy over the next six years. This publication provides a forecast of key macroeconomic variables over the next few years. The publication also covers analysis of various Indian states with respect to their potential to contribute to India’s growth. It also analyses various enablers and major policy initiatives that would drive and facilitate India’s economic journey. It also presents various challenges to growth in the next few years.
The document provides an overview of the anatomy and analysis of the Indian economy. It begins with defining anatomy and how it applies to studying the Indian economy. It then summarizes the characteristics of the Indian economy during the pre-independence, post-independence, and post-liberalization periods. Key sectors of the economy are analyzed on the basis of economic activities and ownership. A SWOT analysis identifies strengths like a large workforce and educated population, weaknesses like poverty and inequality, opportunities like foreign investment, and threats like global recession.
India has experienced rapid economic growth since liberalizing its economy in 1991. It has transitioned from an agriculture-based economy to one with strong industries like technology. India is now the world's second fastest growing major economy and the 10th largest by GDP. However, growth has slowed recently due to challenges like inflation, the current account deficit, and tight monetary policy. Looking ahead, forecasts indicate India has strong potential to become a leading global economy, with projections that it could become the world's third largest by 2030 due to continued growth of its large middle class.
This document provides an overview of India's economic growth and development. It discusses India's past as one of the largest economies in the world historically. It then summarizes India's GDP trends over time periods from 1500-1990. It discusses how India's economy declined under British colonial rule but is now the fastest growing nation and expected to become a top global economic power. The document outlines various advantages and opportunities for growth in India related to its large market size, population, infrastructure developments and government initiatives.
This document provides an overview and analysis of the Indian economy in 2011-12. It summarizes the key findings of the annual Economic Survey presented to Parliament, including a slowdown in GDP growth to 6.9% due to weak industrial growth, high inflation that has begun to decline, and a likely fiscal deficit slippage. It also discusses developments in agriculture, industry, fiscal policy, prices, trade and the global economic challenges faced by India.
The document provides an overview of the key topics covered in the Indian Economic Survey of 2011-12, including:
1) What is an economic survey and its purpose of reviewing the previous year's economic performance and prospects.
2) The status of the Indian economy in 2011-12, with growth estimated at 6.9% compared to 8.4% in the previous two years, largely due to weakening industrial growth.
3) Highlights and conclusions from the survey covering fiscal developments, prices and monetary policy, trade, agriculture, industry, infrastructure and other sectors.
National Conference on “Infrastructure Finance – Building for Growth” - INDIA...Resurgent India
Indian economy after registering a robust growth of more than 9% during the period 2005-08, moderated to a growth of 6.7% in 2008-09 on the back of the global financial crisi
CONFERENCE ON REAL ESTATE - With special focus on National Capital Region (NC...Resurgent India
The Indian economy grew by 4.7% in 2013-14, hurt by policy delays, high inflation, and the global slowdown. While the farm sector grew by 4.7%, the manufacturing sector declined by 0.7%. The services sector grew by 12.9% compared to 10.9% the previous year. Going forward, measures to reduce government spending and shrink the current account deficit are hoped to improve growth rates from recent slow levels. Long-term, India needs strong growth to address unemployment from its changing demographics.
Globalization has had a highly positive impact on the Indian economy. It has led to high economic growth, booming exports, reduced poverty, increased employment, decreased inflation, and improved quality of products. The service sector is a major driver of India's social and economic growth. It has grown due to urbanization, privatization, and increased demand for intermediate and consumer services. While globalization has benefited India, its policies must be customized to each country and have adequate safety nets and regulatory frameworks to balance economic development with social costs.
The organized sector in India created 346,000 jobs between July and September 2011 and is expected to add another 326,400 by end 2011, according to the latest findings of Ma Foi Randstad Employment Trends Survey – Wave 3.
The survey was conducted among 676 companies across 13 industry segments panning 8 Indian cities. The feedback was gathered from the top HR personnel and senior management of companies, who shared valuable insights on the job creation during the last (July – September) and the current (October – December) quarters of 2011.
The current slowdown in the economy and increasing domestic inflation has resulted in sectoral variation in the employment outlook among sectors and although new jobs continue to be added, it is at a slower pace. According to the survey, the Healthcare sector continues to lead in job generation by adding 60,400 jobs in Q3 (July – September) 2011, followed by Hospitality sector with 48,400 jobs and IT & ITeS sector with 46,600 jobs during the same period.
This is however lesser than the numbers (Healthcare - 63,800 / Hospitality - 54,400 / IT & ITeS - 55,500) predicted at the beginning of the quarter three. These sectors are expected to continue as the lead job generators in the coming quarter with Healthcare expecting to add 58,700 jobs followed by Hospitality & ITeS adding 40,000 plus jobs each.
Among the cities, Mumbai added 28,500 jobs, followed by Delhi & NCR adding 27,000 and Chennai adding 15,500. However, the total job generation by these 3 cities was lower by 6,100 jobs, against the original prediction (Mumbai - 32,300 / New Delhi & NCR – 27,900 / Chennai – 16,900) at the beginning of Q3. These cities are expected to generate a total of 69,200 jobs in the current quarter.
Consulting club presents 'The Indian Econonmic Outlook'Consultancyscmhrd
The document discusses the Indian economic outlook and provides statistics on key indicators. It summarizes that India has the 10th largest economy in the world by GDP. Several sectors of the Indian economy are discussed in detail, including agriculture, industry, services, banking/IT, telecom, healthcare, and infrastructure. While India has experienced strong growth in recent years, the economy has also slowed with GDP growth falling from over 8% to 5% and several sectors contracting. The document also notes trends of increasing foreign debt and decreasing foreign exchange reserves and budget/fiscal deficits as a percentage of GDP.
The document summarizes the Ma Foi Randstad Employment Trends Survey (MEtS) for the fourth quarter of 2011 and projected trends for the first quarter of 2012. The survey polled 639 companies across 13 sectors to assess employment trends in the organized sector. Key findings included expected increases in employment in sectors such as financial services, IT, and healthcare, while manufacturing saw more muted growth. The report analyzed trends by sector, salary increases, new hire experience and functions.
Reflecting a positive hiring outlook, the organized sector in India is expected to create about 1.6 million new jobs in the year 2012, as per the latest results of a survey from HR firm Ma Foi Randstad..
The document discusses India's large and rapidly growing service sector. It notes that the service sector now accounts for over 50% of India's GDP and employs over 30% of the workforce. Some of the fastest growing services discussed include trade, tourism and hospitality, transport, and business services. The tourism and hospitality industry is highlighted as a major contributor to GDP and employment. Overall the document outlines the significant role of services in India's economy and its potential for further growth.
The document discusses the impact of globalization on the Indian economy and service sector. It notes that globalization has had a highly positive impact on India's economic growth, reducing poverty and increasing employment, exports, and competitiveness. The service sector is a major contributor to India's social and economic growth, and has grown significantly due to factors like urbanization and privatization. India's GDP growth rate has increased from 5.6% in 1980-1990 to over 8% in some years since the 1990s. India has also improved its global economic position and is now a top exporter of services. However, the document cautions that policies like liberalization and privatization must be properly sequenced and paced to provide safety nets and avoid
Micro Small and Medium Enterprise Funding - Opportunities and ChallengesResurgent India
What are MSMEs, Why are they Important, What is their role in the Economy and What are the Opportunities and Challenges related to Funding in the Sector? This Research Report from Resurgent India highlights the Opportunities and Challenges along with Suggestions for MSME Funding.
India has a large population and abundant natural resources. Its economy has grown at around 7% annually under economic reforms. However, unemployment remains around 10% and poverty affects 25% of the population. The government is promoting privatization and foreign direct investment to improve employment and further economic growth.
Highlights of Union Budget Presented By Mr. Finance Minister P ChidambaramHusain Sulemani
The interim budget presented by Finance Minister P. Chidambaram cut indirect taxes on cars and mobile phones to revive growth. The measures were necessary as the government's term ends in May and a new administration will take over. While India's economy, the 11th largest in the world, has stabilized and is showing signs of a turnaround, the speech was marred by protests over a proposed division of a southern state. Key highlights included a fiscal deficit target of 4.1% of GDP for 2014-15, a current account deficit estimate of $45 billion for 2013-14, and GDP growth estimates of 5.2% for the last two quarters of 2013-14 and 4.9% for the full year.
The document provides an analysis of the macroeconomic environment and food processing industry in India as it relates to the company Heritage Foods. It analyzes factors such as GDP growth, inflation, interest rates, industrial production, government spending, and their impact on sectors relevant to Heritage Foods like food processing, automotive, IT, and pharmaceuticals. Brexit is also discussed, noting potential impacts such as currency volatility, trade restrictions, and changes to the mobility of professionals that could affect Indian businesses operating in the UK and European Union. The food processing industry in India is poised for major growth and is valued at $39.71 billion currently.
- The passage summarizes Pakistan's economic growth and challenges over recent years. It notes that GDP growth has been stuck at around 3-4% annually, below Pakistan's potential of 6.5%, due to various domestic and external shocks. These include floods, a security crisis, energy shortages, and global economic issues.
- The economy showed modest signs of recovery in 2011-12, with estimated GDP growth of 3.7% compared to 3% the previous year. Agriculture grew 3.1% and manufacturing 1.8% while services grew 4%.
- However, growth remains below potential and structural issues remain like challenges to sustaining high growth, low inflation, and balanced external payments. Re
The document discusses Micro, Small and Medium Enterprises (MSMEs) in India and their role in stimulating economic growth. It notes that MSMEs are considered key to promoting equitable development and have fueled India's economic growth by generating employment and contributing to industrialization. However, MSMEs still face significant challenges accessing funds due to their high risk profile. The document examines alternative avenues of fundraising that could help minimize the demand-supply gap for MSME financing in India.
The document discusses the importance of Micro, Small and Medium Enterprises (MSMEs) in stimulating economic growth in India. MSMEs make up a large portion of India's economy, contributing approximately 45% of manufacturing output and 40% of exports while employing over 80 million people. However, MSMEs face significant challenges accessing funds due to their high risk profile, highlighting the need to explore alternative financing avenues to minimize the demand-supply gap in MSME funding.
Challenges And Opportunities Of Globalisationloveleenchawla
Globalization: challenges and opportunities
Abstract:
Globalization is a multifaceted phenomenon. The paper identify some of the
Challenges it poses, as well as some of the opportunities it offers. Attention is focused on three major aspects of globalization namely economic, cultural, and political.
During 1990 to 2003, the volume of world trade has increased and the higher and middle-income countries managed to increase their share in world trade mainly due to the opening up of economies because of globalization. The middle-income countries had invited more Foreign Direct Investment during the period and the per capita GDP of the low-income countries was marginally increased. This resulted into the economic inequality, which widened between different income groups. In other words globalization has been confined to developed countries and developing countries were able to participate in the process.
However, globalization should not be accused for loosing share of the low-income countries. These countries suffered from internal problems like rapid rise in population, infrastructure bottlenecks, weak financial markets and so on.
Globalization and its benefits required a conducive environment to ensure higher returns and larger markets for foreign investors. To get a share of global capital, technology and output, developing countries had to upgrade their social and economic institutions through administrative, legislative and legal reforms.
Globalization merely provides opportunities to flourish. Globalization is not a tool to produce equality of outcome but it produces equality of opportunity for those with right mindset. Therefore developing countries require focusing on economic restructuring, developing market-supporting institutions and creating efficient regulatory mechanisms.
The low-income countries cannot survive at their own; they require international assistance and a support mechanism so as to facilitate their participation in the process of globalization. The challenge of the hour is to make globalization work towards global prosperity through disaggregate development. The critically necessity in this context are the collective and cooperative actions which should be realized by all countries of the world and particularly the developed ones.
Vodafone entered the Indian market in 2005 through acquisitions. It rebranded from Hutch to Vodafone in 2007. Vodafone's marketing mix included offering various services and value added features, 350 stores across India, and advertising campaigns featuring characters like a pug and ZooZoo to promote an emotional connection. However, ZooZoo became more popular than the services it was meant to promote, failing to properly communicate messages about Vodafone's value added services. Recommendations included phasing advertising strategies better and ensuring characters clearly communicated what services they represented.
Tata Motors launched the Tata Ace in 2005 as a replacement for auto-rickshaws. It has a payload capacity of 0.75 tons and costs 50% less than other 4-wheel commercial vehicles. There was a market gap for a small commercial vehicle to connect urban and rural markets at a competitive price. Through market research, Tata Motors found customers wanted a higher status 4-wheel vehicle at a low cost. Tata developed the Ace with a innovative low-cost engine and parts sharing to create a 4-wheel vehicle at the price of a 3-wheel vehicle. Tata's roadmap is to establish new plants, introduce new Ace variants for different uses, and expand into transport services to increase sales and
Magic Voice is an interactive voice response service launched by Idea in Tamil Nadu, India that allows users to change their voice during phone calls. It has 140 voice options available across 9 categories. While existing voice changing apps require smartphones, Magic Voice works on all mobile phones. The service is aimed at children and youth in Tamil Nadu and bridges the gap between smartphone and basic phone users. However, user interest needs to be sustained over time and expanded beyond the current youth and female user focus to increase adoption rates.
This document discusses innovation in various sectors through information technology. It focuses on manufacturing, healthcare, transportation, and banking. In manufacturing, IT helps optimize processes to reduce costs, increase safety and quality, and improve supply chain management. For transportation, the document discusses how Indian Railways has implemented IT systems for ticketing, passenger information, freight tracking, and tourism information. In banking, innovations include e-banking, branch automation, online trading services, debit/credit cards, ATMs, and automated lobby services. The document envisions future advances like biometric ATMs and phasing out cheques in favor of online fund transfers.
China has the second largest economy globally and is projected to surpass the US by 2020. It has experienced strong and consistent GDP growth for decades, averaging around 7-9% annually, though growth has slowed recently. China has a one-party communist government and is transitioning its economy from manufacturing and exports to more domestic consumption and innovation. It faces challenges from a slowing housing market and global economic uncertainties.
The document provides an analysis of pre-purchase consumer behavior towards TVS motors in India. It analyzes 18 consumers who were planning to purchase a 2-wheeler in the premium (Rs. 50,000+) or executive (Rs. 40,000-50,000) segment from TVS. It finds that consumers in the 25-33 age group were more inclined towards premium bikes focusing on design and performance, while being willing to pay more. They considered Yamaha as the main competitor for TVS in this segment. The survey also showed that consumers do significant research one month before purchase, mainly gathering information from advertisements, and make the purchase decision themselves without much influence from others.
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The impact of OTT platforms on the Bollywood film industry is significant. The competition for viewers has led to a decrease in cinema ticket sales, affecting the revenue of Bollywood films that traditionally rely on theatrical releases. Additionally, OTT platforms now pay less for film rights due to the uncertain success of films in cinemas.
Looking ahead, the future of OTT in India appears promising. The market is expected to grow by 20% annually, reaching a value of ₹1200 billion by the end of the decade. The increasing availability of affordable smartphones and internet access will drive this growth, making OTT platforms a primary source of entertainment for many viewers.
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2. IN A world economy as troubled as today's, news that India's growth rate has fallen to
5.3% may not seem important. But the rate is the lowest in seven years, and the
sputtering of India's economic miracle carries social costs that could surpass the pain in
the euro zone. The near double-digit pace of growth that India enjoyed in 2004-08, if
sustained, promised to lift hundreds of millions of Indians out of poverty—and quickly.
Jobs would be created for all the young people who will reach working age in the coming
decades, one of the biggest, and potentially scariest, demographic bulges the world has
seen. But now, after a slump in the currency, a drying up of private investment and
those GDP figures, the miracle feels like a mirage.
Below is the analysis of the Macro economic factors:-
1. National Income:
From 2011, India is facing a stiff challenge between managing the growth and stabilizing
the prices.
The Indian economy has grown at a rate of 6.9% in 2011-2012, after having grown
above 8% for the previous two years and now it is still declining.
This decline is majorly due to the turmoil in Euro zone and the uncertainty in US
markets.
Indian economy is expected to grow at 7.6 % for the fiscal 2012-2013. However, leading
financial organisations and economists expects still a slower growth.
Services sector growth is also downgraded because of the lack of demand.
Growth of the industry sectors seems to be very less due to high interest rates.
Policy paralysis is another factor, finally we can conclude that the growth of National
Income is a seriously concern and it is dipping down.
3. 2. Policy Initiatives:
a) Fiscal Policy
Fiscal policy deals with the revenue [in terms of taxation and profits from public sector
units] and expenditure decisions of the government. Indian fiscal policy has been
impacted by the economic downturn in 2008-2009. However, there was slight revival in
economic activity in India in 2010-2011, wherein the economy grew at 8.4%. This
revival was short-lived and economic growth spiralled down due to Euro zone crisis and
exogenous shock like rise in crude oil prices.
Rise in crude oil prices led to oil marketing companies [OMCs] to peg their prices at
international levels which led to a rise in the price of petroleum products. The
government of India tried to lower the tax on these products to reduce the pass through
of international prices to retail and to curb the already high levels of inflation. This tax
reduction led to losses to the government.
The government increased food subsidy, fertiliser subsidy and input prices to farmers
were kept low keeping in mind the already high levels of inflation persistent in Indian
economy. These subsidies added to further 1.1% of GDP slippage.
The Indian economy showed slowdown in growth from 8.4% in 2010-2011 to almost
6.9% in 2011-2012. This economic slowdown impacted the tax collection and led to a
shortfall of Rs. 32000 crore during 2011-2012.
We are seeing a constant decline in the tax to GDP ratio over a period of time and
government is extending subsidies which are no longer effective for economic growth.
Taking all the above issues into considerations, fiscal policy of India for 2012-2013 is
focussed on reducing the fiscal deficit and to aid revival of economic growth. The fall in
international oil prices also helped in containing the inflation to some extent.
The government plans to reduce the subsidies to be provided to 1.75% of GDP and
provide a maximum of 2% of GDP subsidy for food.
The government in an attempt to cover the shortage of taxes has also planned to
increase indirect taxes while reduce direct taxes. However, in India only about 3% of
people pay direct taxes whereas indirect taxes have to be borne by everyone.
The government has also introduced amendments to FRBM [Fiscal responsibility and
budget management Act] in order to bring the fiscal deficit to a more sustainable level
and to concentrate government expenditure on priority sectors like health, education,
irrigation with added focus on infrastructure related activities and investments.
4. 3. INDUSTRY
a) FDI
FDI in India declined sharply for the second month in a row in May with inflows down to
$1.32 bn (71.6% down) from $4.66 bn a year-ago, indicating slowing global economy
impacts.
Foreign investors are reluctant due to adverse tax laws and economic reforms. Lack of
foreign funds inflow also puts the rupee value into question.
This contraction is attributed to global and domestic economic problems. Global investor
confidence must be restored by government reforms (such as allowing FDI in multi
brand retail, allow foreign airlines to buy stake in domestic carriers etc).
Contraction in FDI will put pressure on balance of payments and in turn impact the
rupee. If commodity and oil prices increase, and rupee gets weaker, inflation will become
worrisome.
Sector wise distribution of FDI inflows:
As in April 2012, services sector involved 19 per cent of the total FDI equity inflow into
India, while Telecommunications attracted 7 per cent share. Construction activities were
also at 7 per cent of total inflows followed by Computer software and hardware (7%) and
Housing and real estate sectors (6%).
5. Country wise distribution of FDI inflows:
April 2012, Mauritius was the top investing country for India with 38 per cent of the total
inflows. Singapore was second with 10 per cent share, U.K stood third with 9 per cent
share. Japan and U.S.A were on fourth and fifth places with 7 per cent and 6 per cent
shares respectively.
7. Around 60% of India’s GDP and growth is attributed towards the services sector. This
sector is also a significant employment generator.
8. The service sector has been growing at the fastest pace in 3 months, in May 2012, as
the business outlook seems optimistic to firms, as new orders came in faster and
employment increased. The HSBC Business Activity Index for services sector increased
from 52.8 in April to 54.7 in May.
Due to robust growth in the services sector (9.4%), India was shielded from global
recession to a large extent.
State wise performance in services sectors show highest growth in the north eastern
states of Arunachal Pradesh (34.9%), Sikkim (30.1%), followed by Goa (20.1%), Bihar
(16.6%).
Maharashtra, Kerala, Tamil Nadu and Mizoram also have a higher-than-national-average
growth rate.
4. Sectoral Growth
a) Agriculture
Agriculture including allied activities accounted for 13.9 per cent of GDP at 2004-5 prices
in 2011-12 as compared to 14.5 per cent in 2010-11. In terms of composition, out of a
total share of 14.5 per cent in GDP in 2010-11, agriculture alone accounted for 12.3 per
cent, followed by forestry and logging at 1.4 per cent, and fishing at 0.7 per cent. The
average annual growth in agriculture and allied sectors realized during the Eleventh Plan
Period was 3.3 per cent against the targeted growth rate of 4 per cent. The sector
recorded slightly lower average growth than targeted in the Eleventh Plan period due to
severe drought experienced in most parts of the country during 2009-10 and
drought/deficient rainfall in some states, namely Bihar, Jharkhand, eastern UP, and West
Bengal in 2010-11. Rainfall continues to influence crop production and productivity in a
substantial way. Notwithstanding the declining trend in agriculture’s share in GDP, the
importance of the sector to the economy is best understood with reference to its share in
employment and in terms of its criticality for macroeconomic stability. Hence, growth in
agriculture and allied sectors remains an important objective and a ‘necessary condition’
for inclusive growth.
Agriculture, forestry, fishing, minin
g, quarrying
10
5
0
-5
-10
9. b) Industry & Infrastructure
Industrial growth, measured in terms of the index of industrial production (IIP), shows
fluctuating trends. Growth had reached 15.5 per cent in 2007-8 and then started
decelerating. Initial deceleration in industrial growth was largely on account of the global
economic meltdown. There was, however, a recovery from 2.5 per cent in 2008-9 to 5.3
per centin 2009-10 and 8.2 per cent in 2010-11. Overall growth during April-December
2011 reached 3.6 per cent compared to 8.3 per cent in the corresponding period of the
previous year. Growth moderated in the manufacturing sector, from 9.0 per cent in
April-December 2010 to 3.9 per cent in April-December 2011.
Within the manufacturing sector, Production in eight core industries grew by 0.5 per cent
in January 2012 as compared to 6.4 per cent in January 2012. Cumulative growth in
April- January 2011-12 has been 4.1 per cent as compared to 5.7 per cent during the
corresponding period of the previous year. the cumulative growth of coal during the
current year so far continues to be negative, there has been an increase in production in
the last three months.
Manufacturing, construction, elect
ricity, gas, water supply
15
10
5
0
-5
5. Price wage Productivity
a) Inflation
Inflation happens to be a determinant in the functioning of any economy. There are two
basis system of measuring inflation present today. The Wholesale Price Index is used in
India while several other developed countries adopt the Consumer price index to
calculate inflation.
The major driver of inflation during the current financial year is food inflation comprising
of milk, eggs, meat, fish and edible oils. Within food articles, the major areas of concern
have shifted from food grains to other commodities.
In comparison with last year when cereals, vegetables, and sugar were the main
contributors to food inflation, 2011-12 witnessed higher contribution from manufactured
food products especially edible oils due to higher global prices of soya bean oil, palm oil,
10. etc. India's edible oil requirement is estimated at 16-17 million tonnes, about 50 per
cent of which is met through imports of crude palm oil, sunflower oil, soya bean oil, and
Refined, Bleached and Deodorised (RBD) palmolein. As a result, a spurt in global prices
has led to higher domestic prices of these commodities.
Although supply shocks can trigger sudden and sharp inflationary pressures, the
pressures diminish when supplies revive. Persistence in inflation stemmed, instead, from
government policies that stimulated consumption demand by increasing wages and
salaries but did not do enough to remove supply-side bottlenecks. Under fiscal policies
that boosted consumption, the supply shocks had a more lasting effect, reinforcing
inflationary pressures. All the categories of the WPI contributed to inflationary pressures.
However, food inflation was the most stubborn.
Inflation in India (based on WPI)
20
15
Primary articles
10
Fuel & power
Manufactured products
5
0
2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12
-5
6. Balance Of Payment
However much India's policymakers may want the external sector to behave the way
they want it to, it is clear that the sector's patterns of behaviour are no longer simply the
outcome of domestic policies but of the whims and caprices of international trade and
finance movements.
That seems to be the case today, more than ever before, when we consider India's
balance of payments position in the light of the fluctuating fortunes in India's most
important destinations and sources of trade and capital respectively.
Domestic policies work most effectively when the external environment is by and large
favourable to trade. When the environment encourages the free flow of goods and
services then for policymakers to take a more laid back position may prevent exporters
from exploiting the advantages available in the situation. That had been the case when
India's capital controls and forex restrictions had not allowed exporters the elbow room
needed to evolve strategies for exports. Then it changed for the better and India was
able to ride the horse to its advantage because its policies segued into the environment
for trade
The end-of-century turnaround in India's exports and balance of payments came
because of services exports and specifically IT exports.
11. India's telecommunication policy changes, that ushered in the most effective changes in
communications ever, created the grounds for India's growing IT sector to become
global. That event, with the top five Indian companies becoming known names in IT
throughout the world, had wide repercussions on the overall organised economy,
boosting demand for goods and services of other sectors such as manufacturing. This in
turn boosted capacities, encouraging a re-engineering of extant practices to align with
global ones.