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LIFELINE OF NATIONAL ECONOMY
COMMUNICATION
 Communication is the process through which messages
are sent from one place to another.
EXAMPLE:
People sitting thousands of kilometers away talk with one
another and even watch one another.
WHAT ARE THE MEANS OF COMMUNICATION?
VariousMeansof communication-
Postal Services
Print Media.
Telecommunication.
Electronic Media Radio & Television.
Teleprinters and Cables.
WHICH ARE THE TWO MAJOR MEANS OF
COMMUNICATION IN INDIA?
The two major means of communication in India:
• i. Personal communication which includes letter, email,
telephone, etc.
• ii. Mass communication which includes television, radio,
press, films, etc.
• The First class mail: Cards and envelopes are airlifted
between stations covering both land and air.
• The second–class mail includes book packets, registered
newspapers and periodicals. They are carried by surface mail,
covering land and water transport.
Six mail channels were introduced for quick delivery of
mails in large towns and cities. They are :
• i. Rajdhani Channel,
• ii. Metro Channel,
• iii. Green Channel,
• iv. Business Channel,
• v. Bulk Mail Channel
• vi. Periodical Channel.
Importance of mass communication:
• Mass communicationprovides entertainment.
• They create awareness among people about various national programmes and
policies.
• They provide variety of programmes in national, regional and local languages for
various categories of people, spreadover differentparts of the country.
• They strengthendemocracy in the country by providing news and informationto
the masses.
• They help in rural developmentwhich is suffering fromilliteracy and
superstitious social practices.
• It helps in agriculture sector by helping farmers by providing theminformation
about newagricultural practices.
• Doordarshanis the national televisionchannel of India. It is one of the largest
terrestrial networks in the world.
• The largestnumbers of newspapers publishedin the country are in Hindi,
followedby English and Urdu.
• Indiais the largest producer of feature films in the world.
Trade
•The exchange of goods among people ,states and countries is
referred to as Trade.
There are three types of trade:-
• International trade
• Local trade
• State trade
WHAT IS TRADE? WHAT ARE THE TYPES OF TRADE?
o International trade is defined as the exchange of goods and services
between two or more countries.
o It is also considered as economic barometer because advancement of
international trade of a country leads to economic prosperity. Income
earned from international trade constitutes a major part in the net
national income. Large international trade leads to revival of domestic
economy.
WHAT IS BALANCE OF TRADE?
• The balance of trade is the difference between export and
import .
• Export- shipping of the goods and services out of the port of a
country.
• Import- bringing of in the goods and services into the port of a
country.
WHAT ARE THE DIFFERENT TYPES OF BALANCE OF
TRADE?
When the value of exports exceeds the value of import is
termed as Favorable balance trade.
When the value of imports exceeds the value of exports is
termed as Unfavorable balance trade.
The difference between export and import is known as balance of trade.
Difference between favourable and unfavorable balance of trade:
If the value of exports is more than the value of imports, it is called favourable
balance of trade. And if the value of imports is greater than the value of exports it is
known as unfavorable balance of trade.
Favourable balance of trade is regarded good for the economic development where as
unfavorable balance of trade is seen harmful for the domestic economy.
.
 Major Exports:
• Manufactured goods such as gems and jewellery and ready made garments.
• Agriculture and allied products such as jute, spices, rubber.
• Petroleum products paints, synthetic fibres.
• Ores and Minerals such as iron ore, mica.
 Major Imports:
• Petroleum and petroleum products such as crude oil, natural gas, synthetic raw materials.
• Pearls and precious stone
• Inorganic chemicals
• coal, coke and briquettes
• Machinery
TOURISM
WHAT IS THE IMPORTANCE OF TOURISM AS TRADE?
Importance of tourism as a trade:
• Tourism in India earns huge Foreign exchange.
• Over 2.6 million foreign tourists visit India every year.
• More than 15 million people are directly engaged in the tourism industry.
• Tourism also promotes national integration,
• It provides support to local handicrafts and cultural pursuits.
• It also helps in the development of international understanding about our culture and heritage.
• Foreign tourists visit India for heritage tourism, eco tourism, adventure tourism, cultural tourism, medical
tourism and business tourism.
• Rajasthan, Goa, Jammu and Kashmir and temple towns of south India are
important destinations of foreign tourists in India.
• There is vast potential of tourism development in the north-eastern states and the interior parts of Himalayas,
but due to strategic reasons these have not been encouraged so far.

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Lifeline(s) of National Economy

  • 3.  Communication is the process through which messages are sent from one place to another. EXAMPLE: People sitting thousands of kilometers away talk with one another and even watch one another.
  • 4. WHAT ARE THE MEANS OF COMMUNICATION? VariousMeansof communication- Postal Services Print Media. Telecommunication. Electronic Media Radio & Television. Teleprinters and Cables.
  • 5. WHICH ARE THE TWO MAJOR MEANS OF COMMUNICATION IN INDIA? The two major means of communication in India: • i. Personal communication which includes letter, email, telephone, etc. • ii. Mass communication which includes television, radio, press, films, etc.
  • 6. • The First class mail: Cards and envelopes are airlifted between stations covering both land and air. • The second–class mail includes book packets, registered newspapers and periodicals. They are carried by surface mail, covering land and water transport.
  • 7. Six mail channels were introduced for quick delivery of mails in large towns and cities. They are : • i. Rajdhani Channel, • ii. Metro Channel, • iii. Green Channel, • iv. Business Channel, • v. Bulk Mail Channel • vi. Periodical Channel.
  • 8. Importance of mass communication: • Mass communicationprovides entertainment. • They create awareness among people about various national programmes and policies. • They provide variety of programmes in national, regional and local languages for various categories of people, spreadover differentparts of the country. • They strengthendemocracy in the country by providing news and informationto the masses.
  • 9. • They help in rural developmentwhich is suffering fromilliteracy and superstitious social practices. • It helps in agriculture sector by helping farmers by providing theminformation about newagricultural practices. • Doordarshanis the national televisionchannel of India. It is one of the largest terrestrial networks in the world. • The largestnumbers of newspapers publishedin the country are in Hindi, followedby English and Urdu. • Indiais the largest producer of feature films in the world.
  • 10. Trade
  • 11. •The exchange of goods among people ,states and countries is referred to as Trade. There are three types of trade:- • International trade • Local trade • State trade WHAT IS TRADE? WHAT ARE THE TYPES OF TRADE?
  • 12. o International trade is defined as the exchange of goods and services between two or more countries. o It is also considered as economic barometer because advancement of international trade of a country leads to economic prosperity. Income earned from international trade constitutes a major part in the net national income. Large international trade leads to revival of domestic economy.
  • 13. WHAT IS BALANCE OF TRADE? • The balance of trade is the difference between export and import . • Export- shipping of the goods and services out of the port of a country. • Import- bringing of in the goods and services into the port of a country.
  • 14. WHAT ARE THE DIFFERENT TYPES OF BALANCE OF TRADE? When the value of exports exceeds the value of import is termed as Favorable balance trade. When the value of imports exceeds the value of exports is termed as Unfavorable balance trade.
  • 15. The difference between export and import is known as balance of trade. Difference between favourable and unfavorable balance of trade: If the value of exports is more than the value of imports, it is called favourable balance of trade. And if the value of imports is greater than the value of exports it is known as unfavorable balance of trade. Favourable balance of trade is regarded good for the economic development where as unfavorable balance of trade is seen harmful for the domestic economy.
  • 16. .  Major Exports: • Manufactured goods such as gems and jewellery and ready made garments. • Agriculture and allied products such as jute, spices, rubber. • Petroleum products paints, synthetic fibres. • Ores and Minerals such as iron ore, mica.  Major Imports: • Petroleum and petroleum products such as crude oil, natural gas, synthetic raw materials. • Pearls and precious stone • Inorganic chemicals • coal, coke and briquettes • Machinery
  • 18. WHAT IS THE IMPORTANCE OF TOURISM AS TRADE? Importance of tourism as a trade: • Tourism in India earns huge Foreign exchange. • Over 2.6 million foreign tourists visit India every year. • More than 15 million people are directly engaged in the tourism industry. • Tourism also promotes national integration, • It provides support to local handicrafts and cultural pursuits. • It also helps in the development of international understanding about our culture and heritage. • Foreign tourists visit India for heritage tourism, eco tourism, adventure tourism, cultural tourism, medical tourism and business tourism. • Rajasthan, Goa, Jammu and Kashmir and temple towns of south India are important destinations of foreign tourists in India. • There is vast potential of tourism development in the north-eastern states and the interior parts of Himalayas, but due to strategic reasons these have not been encouraged so far.