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.

1. INDIAN ECONOMY:
RECENT TRENDS AND FUTURE
SCENARIOS OF INDIAN ECONOMY
Presented by:
Raushan Kumar Pandey

2. INTRODUCTION
 With the slogan of “Jai Jawan Jai Kisan” India started writing its
growth story.
 The country that has to import food grains for the survival of its
population made Agriculture its backbone and the saga continued.
 Today India ranks second in production of Agro products.
 After a major economic crisis in 1991, followed by bold reform
measures, the economy has experienced a rapid economic growth
rate, more foreign investment, and a boom in the information
technology sector.

3. THE GROWTH SAGA
 After the introduction of LPG to its economy India exposed
itself to the globe and attracted the investors from worldwide.
 India’s rate of economic growth after the 1991 reforms were
instituted reached a remarkable 7% for three consecutive
years, from 1994 to 1997.
 Post liberalization the Indian economy has continued to make
development in key sectors of the Indian economy including
Energy, Infrastructure, Health Care, Manufacturing, Food
processing.

4. PRESENT SCENARIO
 India is the world second fastest growing major economy.
 The economy of India is the 10th largest in the world by
nominal GDP and 3rd largest by PPP.
 The country is one of the G-20 major economies and a
member of BRICS.
 According to IMF India are the 19th largest exporter and 10th
largest Importer in the world.
 In primary sector India stands second throughout the world.
 India economy growth slowed to 4.7% in the financial year
2013-14 in contrast to higher economic growth rates.

5. PRESENT STATISTICAL DATA
 GDP: $1.87 trillion (nominal: 10th; 2013);$5.07 trillion (PPP: 3rd; 2013)
 GDP growth : 5.7% (2014)
 GDP per capita: $1,504 (nominal:130th;2013); $4,077(PPP: 127th;
2013)
 GDP by sector : Agriculture:13.7%, industry:21.5%, services:64.8%
(2013)
 Inflation: CPI: 8.79%, WPI: 5.05% (January 2014)
 FDI stock: Inflows: $151.7 billion;
 Outflows: $54.6 billion (2009-2013)
 Revenues: $181.3 billion billion (2013 est.)
 Expenses: $281.6 billion billion (2013 est.)
 Foreign reserves: $316.39 billion

6. CHALLENGES:
 Import
 Export
 Political factors
 Inflation
 CAD
 Dear Money & Tight Money

7. FUTURE PROSPECTS
 There is a broad consensus that the global centre of economic
growth is moving to Asia, and as a large emerging nation with a
growing middle class, India has captured the attention of the
developed economies looking for new investment and trade
opportunities.
 By some estimates Indian economy will grow from its current
$1.8 trillion GDP to a GDP close to $ 30 trillion to be the world’s
third largest in 2030.
 According to “National Intelligence Council” by 2030 “India could
be the rising economic power house that China is seen to be
today.” The Indian monetary fund projects, India’s GDP to grow
at 5.4% in 2014-15.

8. THANK YOU