India has seen strong economic growth rates of around 7% annually, making it one of the fastest growing major economies in the world. However, agriculture still employs over half the population and poverty remains a significant issue, with over 300 million Indians living below the poverty line. Literacy rates are also relatively low at 61% and healthcare access is limited with only one doctor per 1,230 people. While certain economic indicators are positive, significant development challenges remain around employment, education, health, and reducing inequality.

2.  Mumbai, Maharashtra is considered the financial capital of
India
 Currency Indian rupee (INR) (₹) = 100 Paisa
 Fiscal year 1 April – 31 March
 Trade organizations WTO, SAFTA, BRICS, G-20, East Asia
Summit, G8+5, SAARC, AIIB, BIMSTEC, RCEP,
International Monetary Fund, World Bank, SCO, United
Nations

3.  GDP $2.25 trillion (nominal; 2016)[
 $8.72 trillion (PPP; 2016)
 GDP rank 7th (nominal) / 3rd (PPP)
 GDP growth 7.6% (2015-16)
 GDP per capita $1,604 (nominal; 2016)
 $6,187 (PPP; 2016)
 GDP per capita rank 140th (nominal) / 122nd (PPP)
 GDP by sector Agriculture: 17%
Industry: 29.7%
Services: 45% (2015 est.)

4. The economy of India is the seventh-largest economy
in the world measured by nominal GDP and the third-
largest by purchasing power parity (PPP).
 The country is classified as a newly industrialised
country, one of the G-20 major economies, a member
of BRICS and a developing economy with an average
growth rate of approximately 7% over the last two
decades.

5. Maharashtra is the wealthiest Indian state and has an
annual nominal GDP of US$250 billion, nearly equal
to that of Portugal and Pakistan and accounts for 12%
of the Indian GDP followed by the states of Tamil
Nadu (US$150 billion) and Uttar Pradesh (US$130
billion).
India's economy became the world's fastest growing
major economy in the last quarter of 2014, replacing
the People's Republic of China.

6.  Export goods petroleum products, precious stones,
automobiles, iron and steel, chemicals,
pharamaceuticals, apparel
 Import goods crude oil, gold, machinery, fertilizer,
gems, plastics
 Main export partners US 12.6%, UAE 12.2%, China
8.1%, Hong Kong 4.1%
 Main import partners China 12.7%, UAE 5.9%, Saudi
Arabia 7.1%, Switzerland 4.6%,

7. Agriculture
Industries
Finance
Services
Natural Resources

8. Agriculture is the mainstay of the Indian economy
It is the means of livelihood of almost two thirds of
the work force in the country

9.  Industry accounts for 29.7% of the GDP and employ 17%
of the total workforce
 one-third of the industrial labour force is engaged in
simple household manufacturing
 Textile manufacturing is the second largest source for
employment after agriculture and accounts for 26% of
manufacturing output
 Tirupur has gained universal recognition as the leading
source of hosiery, knitted garments, casual wear and
sportswear
 Dharavi slum in Mumbai has gained fame for leather
products

10.  Prime Minister Indira Gandhi nationalised 14 banks in
1969, followed by six others in 1980
 Since then, the number of bank branches has increased
from 10,120 in 1969 to 1,15,910 in 2008
 Currently, India has 88 scheduled commercial banks
(SCBs) — 28 public sector banks, 29 private banks and 31
foreign bank
 They have a combined network of over 53,000 branches
and 17,000 ATMs
 The public sector banks hold over 75% of total assets of
the banking industry, with the private and foreign banks
holding 18.2% and 6.5% respectively

11. India is fifteenth in services output
The contribution of IT to GDP increased from 4.8 %
in 2005-06 and is projected to increase to 7.6% of
GDP in 2016
Tourism in India is relatively undeveloped, but
growing at double digits. Some hospitals woo medical
tourism.

12. India's total cultivable area is 1,945,355 km² (56.78%
of total land area), which is decreasing due to constant
pressure from an ever growing population and
increased urbanization.
India produces 4 fuels, 11 metallic, 52 non metallic
and 22 minor minerals.
In 2008, India had the world's third largest fishing
industry

13.  India is the first fastest growing major economy with a 7.6% increase
in GDP per year
 India is already the third largest economy in the world at PPP
 India has seen a huge amount of foreign direct investment in the
country, totaling 67.72 billion dollars and is said to be one of the
“preferred options” for FDI
 India’s poverty level is decreasing by 10% annually
 Every year India’s middle class is increased by 40,000,000 new
members which shows that the wealth is truly entering society
 The Bombay Stock Exchange’s value has been consistently rising,
currently worth 1.61 trillion dollars, the largest in South East Asia.
 Unemployment has dropped by 2% annually, and illiteracy and
mortality rates have also been falling, indicating that India is not
only growing but developing too.

14.  India is one of only three countries that makes supercomputers (the US
and Japan are the other two).
 India is one of ten countries that launches satellites.
 The Bombay stock exchange lists more than 6,000 companies. Only the
NYSE has more.
 Eight Indian companies are listed on the NYSE; three on the NASDAQ.
 By volume of pills produced, the Indian pharmaceutical industry is the
world's second largest after China.
 India has the second largest community of software developers, after the
U.S.
 India has the second largest network of paved highways, after the U.S.
 India is the world's largest producer of milk, and among the top five
producers of sugar, cotton, tea, coffee, spices, rubber, silk, and fish.
 100 of the Fortune 500 companies have R&D facilities in India.

18. Agriculture is still the biggest employer in India, with 54% of the Population engaged in
Farming.
43 % of all Indian land is used in agriculture, but it only contributes 17% of the nation’s
GDP
Many farmers are subsistence farmers. According to the WHO, 61% of all farmers
cultivate less than 0.4 hectares – only enough to feed their own family, with little left over to
sell.

19. Agricultural Prices fluctuate wildly
and often farmers are forced into
debt, so the money they earn is
never their own. Pressed by either
famine and no crops, or a bumper
crop and collapsing prices, farmers
are often driven to suicide
Since 1997 when the statistics were
first recorded 25,000 farmers have
taken their lives in India.
In the Vidarbha District of
Maharashtra 1920 farmers killed
themselves between January and
August of 2007.
This woman is looking for her
brother who left a suicide note at
her house, they cannot find his
body.
In one district of Maharashtra alone,
a farmer kills himself every eight
hours

20. Healthcare: OurFundamental Right
Our life expectancy is 68 years,
making our life expectancy the 139nth
out of 172 countries.
A growing threat: 5.7 million Indians
have AIDS or HIV out of which 40 %
are women
There is only one hospital bed for
every 74 patients who need one.
We have only one doctor for every
1,230 people.
Despite these statistics, the Indian
Government still spends more on
defence than it does on health.

21. Our literacy rate is 61% making
us the 145th in the World, just
above war-torn Sudan and just
below genocidal Rwanda.
Literacy is defined as “The
ability to sign one’s name” so
complete literacy is likely to be
even less.
Guns are more important
than books: 2.9% of GDP is
spend on defence compared
to 2.6% on education. Is it
guns or education that will
really make India shine?

22. 345 Million Indians live under the poverty line. This means that one in three Indians live on less
than twenty rupees per day.
 50% of Indians don’t have proper shelter.
 70% don’t access to decent toilets, 35% of households don’t have a nearby water sources.
7.2% of all Indians are unemployed – India comes in at 94th in terms of employment.
Poverty and Inequality