India opened up its economy in the early 1990s following a foreign exchange crisis. To become a global hub, India needs an open mindset, a multi-cultural society, and improvements in education, access to finance, and rural infrastructure. While India has a large workforce and is a top destination for foreign investment, it also has high poverty and illiteracy rates. The government is taking steps like "Skill India" to improve education and skills training. Foreign direct investment inflows are increasing but India needs further reforms to reach its potential as a global hub.
The economy of India is the eleventh largest in the world by nominal GDP and the third largest by purchasing power parity. Some key facts about the Indian economy include:
- Agriculture accounts for around 17% of GDP while industry accounts for 26% and services 56%;
- The economy has grown rapidly in recent decades since liberalizing and opening up in the 1990s, with growth rates over 6% annually;
- Major industries include telecommunications, textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software and pharmaceuticals.
Un reports foreign direct investment hit $1.4 trillion in 2013, upward trend ...Royal Ceramics Lanka PLC
This document provides an analysis of foreign direct investment trends in India from 1990 to 2015. It finds that FDI in India has fluctuated over the past 10 years but has shown a possible growing trend in the last four years. Reasons for the fluctuations include a lack of clear government policy, high tariffs, and excessive government intervention. The document also examines India's current FDI policies and identifies sectors that have benefited from FDI, such as electrical equipment, transportation, and telecommunications. It predicts continued future economic growth and increasing FDI in India driven by infrastructure development and India's young population.
11.higher education in india structure, statistics and challengesAlexander Decker
This document summarizes the structure, statistics, and challenges of higher education in India. It notes that India has the largest higher education system in the world with over 500 universities and 26,000 colleges. However, there is a large gap between the demand and supply of higher education, with only 12.4% of students currently accessing it. To increase this rate to 30% by 2020, India would need 800 new universities and 40,000 new colleges. Other key challenges include maintaining education quality as quantity increases, strengthening research and development, and addressing faculty shortages. The government is taking initiatives such as establishing new universities and colleges, increasing seats, and reforming regulations to help overcome these challenges.
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
The document provides an overview of key aspects of the Indian economy including employment trends, poverty levels, investments, infrastructure development, agriculture, financial sector performance, industry, and services. It notes that while the economy has grown significantly, poverty and unemployment remain challenges and productivity in agriculture could be improved with better access to irrigation, credit, and adoption of modern practices.
IIIE SECTION A ECONOMICS NOTES Economic development in indiaBhaskar Nagarajan
Economic development in India followed socialist policies until the 1980s, when the country began opening up its markets through economic liberalization. Since 1991, India has made further reforms towards a free market economy. India's GDP growth has increased substantially in recent decades, reaching over 7.5% in the late 2000s, though concerns remain about poverty and malnutrition. The economy is driven by expansion of the services sector, which has grown faster than other sectors.
The document discusses India's Vision 2020 plan to become a developed nation. It states that achieving this vision will require strong commitment from political leadership and that implementation should be de-linked from political parties. It outlines some key areas of focus for Vision 2020, including administrative efficiency, supporting small and medium enterprises, eliminating poverty, improving health and education, and developing infrastructure like transportation and power plants. The document also provides background on operational research and how modeling approaches could help achieve the goals of Vision 2020.
This document provides a comparison of the economies of India and other major countries such as the US, EU, Canada, China, and Japan. Some key points:
- India has the 4th largest GDP in the world based on purchasing power parity, though it ranks 12th by nominal GDP.
- The Indian stock market has grown the fastest globally over the past decade, with a 250% increase compared to 6% for the US market.
- India has the 5th highest foreign currency reserves in the world and is growing them faster than other countries.
- While other countries face economic challenges, India has maintained growth above 5% and low inflation.
The economy of India is the eleventh largest in the world by nominal GDP and the third largest by purchasing power parity. Some key facts about the Indian economy include:
- Agriculture accounts for around 17% of GDP while industry accounts for 26% and services 56%;
- The economy has grown rapidly in recent decades since liberalizing and opening up in the 1990s, with growth rates over 6% annually;
- Major industries include telecommunications, textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software and pharmaceuticals.
Un reports foreign direct investment hit $1.4 trillion in 2013, upward trend ...Royal Ceramics Lanka PLC
This document provides an analysis of foreign direct investment trends in India from 1990 to 2015. It finds that FDI in India has fluctuated over the past 10 years but has shown a possible growing trend in the last four years. Reasons for the fluctuations include a lack of clear government policy, high tariffs, and excessive government intervention. The document also examines India's current FDI policies and identifies sectors that have benefited from FDI, such as electrical equipment, transportation, and telecommunications. It predicts continued future economic growth and increasing FDI in India driven by infrastructure development and India's young population.
11.higher education in india structure, statistics and challengesAlexander Decker
This document summarizes the structure, statistics, and challenges of higher education in India. It notes that India has the largest higher education system in the world with over 500 universities and 26,000 colleges. However, there is a large gap between the demand and supply of higher education, with only 12.4% of students currently accessing it. To increase this rate to 30% by 2020, India would need 800 new universities and 40,000 new colleges. Other key challenges include maintaining education quality as quantity increases, strengthening research and development, and addressing faculty shortages. The government is taking initiatives such as establishing new universities and colleges, increasing seats, and reforming regulations to help overcome these challenges.
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
The document provides an overview of key aspects of the Indian economy including employment trends, poverty levels, investments, infrastructure development, agriculture, financial sector performance, industry, and services. It notes that while the economy has grown significantly, poverty and unemployment remain challenges and productivity in agriculture could be improved with better access to irrigation, credit, and adoption of modern practices.
IIIE SECTION A ECONOMICS NOTES Economic development in indiaBhaskar Nagarajan
Economic development in India followed socialist policies until the 1980s, when the country began opening up its markets through economic liberalization. Since 1991, India has made further reforms towards a free market economy. India's GDP growth has increased substantially in recent decades, reaching over 7.5% in the late 2000s, though concerns remain about poverty and malnutrition. The economy is driven by expansion of the services sector, which has grown faster than other sectors.
The document discusses India's Vision 2020 plan to become a developed nation. It states that achieving this vision will require strong commitment from political leadership and that implementation should be de-linked from political parties. It outlines some key areas of focus for Vision 2020, including administrative efficiency, supporting small and medium enterprises, eliminating poverty, improving health and education, and developing infrastructure like transportation and power plants. The document also provides background on operational research and how modeling approaches could help achieve the goals of Vision 2020.
This document provides a comparison of the economies of India and other major countries such as the US, EU, Canada, China, and Japan. Some key points:
- India has the 4th largest GDP in the world based on purchasing power parity, though it ranks 12th by nominal GDP.
- The Indian stock market has grown the fastest globally over the past decade, with a 250% increase compared to 6% for the US market.
- India has the 5th highest foreign currency reserves in the world and is growing them faster than other countries.
- While other countries face economic challenges, India has maintained growth above 5% and low inflation.
The document provides an overview of economic opportunities between India and Canada. It notes that India and Canada have a growing economic relationship as two of the top twelve economies in the world, with bilateral trade expected to reach $15 billion by 2015. The document outlines several key sectors of the Indian economy such as agriculture, life sciences, cleantech, and ICT that represent opportunities for Canadian companies to export technologies, make investments, or engage in partnerships. It also profiles the Canadian Trade Commission and its offices in India as resources to help Canadian companies navigate the Indian market.
India has the potential to become a superpower due to several factors:
1) It has the third largest education system and is continuing to improve literacy rates.
2) Over half the population is under 25, making India the youngest country.
3) A growing middle class of over 500 million people will drive domestic economic growth.
4) Several sectors like IT, manufacturing, and infrastructure are growing rapidly due to reforms and investment.
The document provides an overview of the Indian economy, including national income, the budget, census, poverty levels, human development index, NITI Aayog, and the Finance Commission. It discusses how national income is calculated, the history of the Indian budget and census, definitions of absolute and relative poverty, India's HDI ranking, the roles and members of NITI Aayog, and the duties and history of the Finance Commission in India.
This document provides an introduction and background to a dissertation analyzing India's Vision 2020 plan set forth by the country's Planning Commission. The dissertation will examine India's current economic status and growth engines to determine if achieving the goals of Vision 2020 by the target year of 2020 is realistic. Key points discussed include:
- India's growing importance in the global economy due to its large, young population and rapid growth.
- The Vision 2020 plan's identification of education, technology, communication, and market opening as important growth engines.
- Challenges India faces in structural transformation, such as improving GDP, investment environment, and infrastructure.
- The dissertation will review industry trends and forecasts to estimate India's future performance
1. India has experienced significant economic development from ancient times through British colonial rule to the modern independent nation. Key periods included growth during ancient civilizations, decline under British exploitation of raw materials, and rebuilding after independence through centralized planning.
2. India's development has been influenced by "path dependence," where historical decisions have locked the economy into certain trajectories that are difficult to change. This includes sensitivity to initial conditions and increasing returns associated with infrastructure and institutions.
3. Globalization has both benefits and challenges for India. While new opportunities have emerged in services, competition and pressures on employment also exist from greater openness to trade. The status of natural resources and environment also face issues around deforestation, pollution, and
China has experienced much faster economic growth than India over the past few decades, averaging around 9.5% GDP growth compared to India's 6%. However, India has advantages in areas like services and a more robust financial system. Both countries still face challenges in developing infrastructure and reducing inequality. Overall the document provides a high-level comparison of India and China's economic growth stories and trajectories over recent decades.
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.
An overview of the indian economy ppt @ bec doms bagalkotBabasab Patil
The document provides an overview of the Indian economy, including its history and culture, current economic scenario, demographics, and key industries. Some of India's economic strengths highlighted include its large and growing economy, entrepreneurial business community, and favorable demographics. Infrastructure development is noted as a relative weakness. Major industries fueling growth are services, textiles, MSMEs, and agriculture, despite issues with land availability. Exports to Israel have increased significantly in recent years, led by gems and jewelry, petroleum products, and pharmaceuticals. Key sectors for potential investment in India include infrastructure, agriculture, education, and renewable energy.
While China's economy is larger and more developed than India's based on GDP, GDP growth, and GDP per capita, both countries have undergone significant economic reforms and liberalization in recent decades. China began reforms earlier in 1978, transitioning to a more market-based economy, while India's reforms were more hesitant and piecemeal until a crisis in 1991 led to broader reforms. Both countries have seen strong growth in recent years, especially in manufacturing and services, but China's economy remains substantially larger and its growth rates higher.
The document contains 10 multiple choice questions related to Indian economic planning and development. It tests knowledge on objectives of planning in India, institutions like the Planning Commission and NABARD, key plans and policies, and demographic and agricultural milestones. The key details assessed include objectives of planning being modernization, growth and self-reliance; Planning Commission being constituted in 1950; second industrial policy in 1956; plan holiday period of 1966-1969; nature of economy pre-independence being stagnant, backward and underdeveloped; and 1921 being called the 'great divide' in demographic transition.
Indonesia has a population of over 273 million people and its economy relies heavily on industries like agriculture, mining, and tourism. The top exports are palm oil, coal, petroleum gas, and copper ore. The banking system is regulated by the Financial Services Authority and Bank Indonesia, and the economy is growing with increasing urbanization and a young workforce. However, poverty and unemployment remain challenges.
a brief presentation on Indian Economy. this presentation will be very much helpful for beginner students of enonomics and civil service. This presentation is about India and its future. Where is Indian economy at present and where will be.
The service sector plays a key role in India's economic growth. It contributed around 66.1% of India's gross value added in 2015-2016 and about 61% of India's GDP, growing at approximately 10% per year. This makes India the second fastest growing services economy worldwide. Some of the major reasons for the strong growth of India's service sector include growth in intermediate demand from firms and growth in final demand from customers as incomes rise. The service sector is also a major source of employment in India and globally, representing at least half of GDP in most emerging economies.
The Indian economy has transitioned from being primarily agriculture-based to an economy with large industries and services sectors. While India has experienced significant growth in recent decades, issues remain such as poverty, unemployment, and economic inequality. The recession has brought new challenges for India's economy in spreading growth equitably, completing important projects, and dealing with financial uncertainty from global capital flows and exports.
The document summarizes the growth of the Indian economy in recent years. It notes that India has one of the fastest growing economies in the world, with the GDP growing at over 9% annually. Several key sectors like industry, services, and agriculture have all witnessed high growth. Exports are also surging and India has become an attractive destination for foreign investment and M&A activities. With its large population and growing middle class, India is well-positioned for strong continued economic expansion.
The document discusses key aspects of the Indian economy across various sectors including agriculture, industry, services, infrastructure, energy, health, education, and goals for the 12th five-year plan. It notes agriculture's contribution to GDP, employment, and as a supplier of wage goods and raw materials. It outlines challenges facing the sector like irrigation and finance, and steps taken like new crop varieties that increased productivity. For industry, it highlights its GDP and employment share and how reforms boosted certain sectors. In services, it emphasizes the growth of IT/ITes and potential in tourism. It stresses the need for investment and job creation in infrastructure like rail, ports, and roads. It also discusses issues and reforms needed in the energy, health
A2 Macro Growth and Development in India Revision Notestutor2u
Despite years of economic growth, India faces significant health care weaknesses. It has only six physicians per 10,000 people compared to over 10 in other countries, and transport to hospitals can be expensive. Malnutrition is also a major problem, as 40% of Indians are underweight despite India being self-sufficient in grain production.
The document provides an overview of economic opportunities between India and Canada. It notes that India and Canada have a growing economic relationship as two of the top twelve economies in the world, with bilateral trade expected to reach $15 billion by 2015. The document outlines several key sectors of the Indian economy such as agriculture, life sciences, cleantech, and ICT that represent opportunities for Canadian companies to export technologies, make investments, or engage in partnerships. It also profiles the Canadian Trade Commission and its offices in India as resources to help Canadian companies navigate the Indian market.
India has the potential to become a superpower due to several factors:
1) It has the third largest education system and is continuing to improve literacy rates.
2) Over half the population is under 25, making India the youngest country.
3) A growing middle class of over 500 million people will drive domestic economic growth.
4) Several sectors like IT, manufacturing, and infrastructure are growing rapidly due to reforms and investment.
The document provides an overview of the Indian economy, including national income, the budget, census, poverty levels, human development index, NITI Aayog, and the Finance Commission. It discusses how national income is calculated, the history of the Indian budget and census, definitions of absolute and relative poverty, India's HDI ranking, the roles and members of NITI Aayog, and the duties and history of the Finance Commission in India.
This document provides an introduction and background to a dissertation analyzing India's Vision 2020 plan set forth by the country's Planning Commission. The dissertation will examine India's current economic status and growth engines to determine if achieving the goals of Vision 2020 by the target year of 2020 is realistic. Key points discussed include:
- India's growing importance in the global economy due to its large, young population and rapid growth.
- The Vision 2020 plan's identification of education, technology, communication, and market opening as important growth engines.
- Challenges India faces in structural transformation, such as improving GDP, investment environment, and infrastructure.
- The dissertation will review industry trends and forecasts to estimate India's future performance
1. India has experienced significant economic development from ancient times through British colonial rule to the modern independent nation. Key periods included growth during ancient civilizations, decline under British exploitation of raw materials, and rebuilding after independence through centralized planning.
2. India's development has been influenced by "path dependence," where historical decisions have locked the economy into certain trajectories that are difficult to change. This includes sensitivity to initial conditions and increasing returns associated with infrastructure and institutions.
3. Globalization has both benefits and challenges for India. While new opportunities have emerged in services, competition and pressures on employment also exist from greater openness to trade. The status of natural resources and environment also face issues around deforestation, pollution, and
China has experienced much faster economic growth than India over the past few decades, averaging around 9.5% GDP growth compared to India's 6%. However, India has advantages in areas like services and a more robust financial system. Both countries still face challenges in developing infrastructure and reducing inequality. Overall the document provides a high-level comparison of India and China's economic growth stories and trajectories over recent decades.
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.
An overview of the indian economy ppt @ bec doms bagalkotBabasab Patil
The document provides an overview of the Indian economy, including its history and culture, current economic scenario, demographics, and key industries. Some of India's economic strengths highlighted include its large and growing economy, entrepreneurial business community, and favorable demographics. Infrastructure development is noted as a relative weakness. Major industries fueling growth are services, textiles, MSMEs, and agriculture, despite issues with land availability. Exports to Israel have increased significantly in recent years, led by gems and jewelry, petroleum products, and pharmaceuticals. Key sectors for potential investment in India include infrastructure, agriculture, education, and renewable energy.
While China's economy is larger and more developed than India's based on GDP, GDP growth, and GDP per capita, both countries have undergone significant economic reforms and liberalization in recent decades. China began reforms earlier in 1978, transitioning to a more market-based economy, while India's reforms were more hesitant and piecemeal until a crisis in 1991 led to broader reforms. Both countries have seen strong growth in recent years, especially in manufacturing and services, but China's economy remains substantially larger and its growth rates higher.
The document contains 10 multiple choice questions related to Indian economic planning and development. It tests knowledge on objectives of planning in India, institutions like the Planning Commission and NABARD, key plans and policies, and demographic and agricultural milestones. The key details assessed include objectives of planning being modernization, growth and self-reliance; Planning Commission being constituted in 1950; second industrial policy in 1956; plan holiday period of 1966-1969; nature of economy pre-independence being stagnant, backward and underdeveloped; and 1921 being called the 'great divide' in demographic transition.
Indonesia has a population of over 273 million people and its economy relies heavily on industries like agriculture, mining, and tourism. The top exports are palm oil, coal, petroleum gas, and copper ore. The banking system is regulated by the Financial Services Authority and Bank Indonesia, and the economy is growing with increasing urbanization and a young workforce. However, poverty and unemployment remain challenges.
a brief presentation on Indian Economy. this presentation will be very much helpful for beginner students of enonomics and civil service. This presentation is about India and its future. Where is Indian economy at present and where will be.
The service sector plays a key role in India's economic growth. It contributed around 66.1% of India's gross value added in 2015-2016 and about 61% of India's GDP, growing at approximately 10% per year. This makes India the second fastest growing services economy worldwide. Some of the major reasons for the strong growth of India's service sector include growth in intermediate demand from firms and growth in final demand from customers as incomes rise. The service sector is also a major source of employment in India and globally, representing at least half of GDP in most emerging economies.
The Indian economy has transitioned from being primarily agriculture-based to an economy with large industries and services sectors. While India has experienced significant growth in recent decades, issues remain such as poverty, unemployment, and economic inequality. The recession has brought new challenges for India's economy in spreading growth equitably, completing important projects, and dealing with financial uncertainty from global capital flows and exports.
The document summarizes the growth of the Indian economy in recent years. It notes that India has one of the fastest growing economies in the world, with the GDP growing at over 9% annually. Several key sectors like industry, services, and agriculture have all witnessed high growth. Exports are also surging and India has become an attractive destination for foreign investment and M&A activities. With its large population and growing middle class, India is well-positioned for strong continued economic expansion.
The document discusses key aspects of the Indian economy across various sectors including agriculture, industry, services, infrastructure, energy, health, education, and goals for the 12th five-year plan. It notes agriculture's contribution to GDP, employment, and as a supplier of wage goods and raw materials. It outlines challenges facing the sector like irrigation and finance, and steps taken like new crop varieties that increased productivity. For industry, it highlights its GDP and employment share and how reforms boosted certain sectors. In services, it emphasizes the growth of IT/ITes and potential in tourism. It stresses the need for investment and job creation in infrastructure like rail, ports, and roads. It also discusses issues and reforms needed in the energy, health
A2 Macro Growth and Development in India Revision Notestutor2u
Despite years of economic growth, India faces significant health care weaknesses. It has only six physicians per 10,000 people compared to over 10 in other countries, and transport to hospitals can be expensive. Malnutrition is also a major problem, as 40% of Indians are underweight despite India being self-sufficient in grain production.
The document summarizes the growth and opportunities in the Indian economy. It notes that India has one of the fastest growing economies in the world, with the GDP growing at over 9% annually in recent years. The services, industry, and agriculture sectors are all growing robustly. India also has large foreign exchange reserves, increasing exports, and has become an attractive destination for foreign investment and M&A activity. With its large population and growing middle class, India is well-positioned for continued strong economic growth.
- India is one of the world's fastest growing economies and among the largest in terms of GDP. However, it has been facing sustained trade deficits since 1980 mainly due to high imports of crude oil, gold, machinery, and electronic goods.
- In 2014, Prime Minister Modi launched the "Make in India" campaign to transform India into a global manufacturing hub and attract foreign businesses to set up factories by improving ease of business and replacing red tape with incentives.
- The campaign aims to create jobs and boost manufacturing in 25 key sectors such as automobiles, food processing, textiles, IT, roads, and construction where India has strong growth potential and a favorable business environment for foreign investment.
The document discusses international business opportunities in India. It notes that India has high-skilled labor and a growing middle class, making it attractive for business. However, a uniform strategy is not advisable due to cultural diversity across regions. Several sectors like IT, pharmaceuticals, and infrastructure have potential. Bodies like CII and FICCI help foster international ties and make policy recommendations. Overall, international business in India is growing significantly and future prospects are positive.
The document discusses the case for investing in India. It summarizes that India has favorable growth drivers like a young population, low household debt, and improving macroeconomic conditions. Specifically, the fiscal and current account deficits are declining and inflation is falling. The document also notes that states within India are increasingly driving growth by cutting red tape and competing for investment. It identifies several promising domestic and export industry sectors for investment opportunities in India, including automobiles, banking, IT services, and pharmaceuticals, due to India's large talent pool and lower costs compared to other countries.
The document summarizes the growth of the Indian economy in recent years. It notes that India has one of the fastest growing economies in the world, with GDP growth around 9% annually. Several sectors like services, industry, and agriculture have all seen high growth. Exports are also increasing while foreign investment in India is rising significantly. The Indian population is young and growing, which will provide a large workforce to continue powering economic expansion. Overall the document presents India as an emerging economic powerhouse with strong long-term growth prospects.
Fixed income analysis trends & outlookAnkit Jain
India has experienced strong economic growth in recent years, however GDP growth has slowed in the last quarter. Private consumption and industrial production growth have also moderated due to rural economic weakness. While foreign investment has increased and exports are up, the trade deficit has widened. Overall the Indian economy faces opportunities such as a growing workforce and consumer base, but also challenges like poverty, unemployment, income inequality, and inadequate infrastructure development.
The document compares the economies of India and China, focusing on key sectors such as education, manufacturing, and services. It notes that while both countries have large populations and are experiencing rapid economic growth, they have taken different paths to development. India's growth has been more driven by services, particularly IT, while China's growth relies more on manufacturing. Infrastructure and foreign investment have been larger factors in China's success compared to India. Both countries still face challenges and opportunities for further economic expansion.
India has a population of over 1.17 billion people and is projected to become the most populous country by 2034. It has a large youth population and growing middle class. While India's economy has grown at an average of 6.3% over the last decade, making it one of the fastest growing in the world, it still faces challenges of corruption, outdated labor laws, and insufficient infrastructure development.
The document discusses India's GDP history from the 1990s to the present. It notes that economic liberalization in the 1990s led to growth in many sectors and increased foreign investment. GDP grew from 5.5 trillion in 1990 to over 20 trillion in 2000 and 34 trillion in 2005. Currently, India has the 12th largest economy and 5th largest based on purchasing power. The service sector now accounts for over half of GDP, and India has maintained strong growth rates over the past decades.
The document provides an overview of investment opportunities in key Indian industries, including automotive, heavy engineering, power equipment, textiles, electronics, and pharmaceuticals. It notes that India has a fast growing economy and trade between India and China has increased significantly in recent years. The industries discussed have huge growth potential due to factors like large domestic demand, low production costs, skilled workforce, and government initiatives and investments planned in areas like infrastructure and manufacturing.
The document discusses India's growing prominence as a global economic power and education hub. Some key points:
- India has a large domestic market and skilled, English-speaking workforce that is attracting global interest. Its growing tech sector and focus on initiatives like Startup India and Digital India are creating opportunities.
- By 2030, India is projected to have the world's largest workforce and be the fastest growing major economy. Sectors like engineering, IT, and pharmaceuticals are experiencing strong growth.
- India aims to transform its higher education system to be high-quality, equitable, and affordable, serving as a model for the world. It seeks to expand access, improve research and infrastructure, and foster partnerships
The document discusses sustainable growth and management practices in India. It begins by raising questions about India's economic growth and whether it benefits people and the environment. It then covers topics like India's strong economic performance and GDP growth, factors driving growth, and challenges like resource depletion that limit growth. It emphasizes the need for sustainable growth that improves living standards while protecting the environment and ensuring welfare for all. Management practices must consider economic, social and environmental dimensions of sustainability.
FDI inflows into India have been increasing, reaching their highest level during April 2006 to November 2006. India's rank as an FDI destination has improved, rising to number 2 according to an index in 2006. FDI brings economic and job growth as well as technology and skills transfers that boost India's competitiveness. Key sectors receiving FDI include services, IT, telecom, and automobiles. Top investors in India come from the US, Mauritius, Singapore and Netherlands. India liberalized its FDI policy in 1991 and now has a mostly open policy, though some sensitive sectors remain restricted.
A2 business studies emerging markets indiaSharaff Jamal
This is done by A Level business studies students under the topic Emerging markets, this would be helpful for your Edexcel exam
Prepared by: Sharaff, Juvey, Riyaaxaa, Rifath(Rifoo)
Kegler Brown and the Ohio Development Services Agency presented "Succeeding in India: Business and Legal Insights" on Tuesday, October 14, with Dr. Manoj Kumar Mohapatra, Deputy Consul General, Consulate of India, New York, as the keynote speaker.
Topics included legal intelligence when conducting business in India, how the Ohio Development Services Agency can help Ohio businesses and a panel of local business leaders provided insight and practical advice from their experiences in India.
This document provides an overview of India's economy, industries, foreign investment, trade, and strengths and weaknesses. It notes that India has a large agricultural sector focused on crops like wheat, rice and cotton. Manufacturing is led by textiles and chemicals, while services now contribute over half of GDP. India has experienced strong growth but remains a developing country with poverty and inequality issues. The government welcomes foreign investment and has created incentives. Key strengths include a large skilled workforce and consumer base, while weaknesses include corruption and infrastructure problems. India has become more open to international trade through trade agreements but faces a trade deficit.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
1. Making India A Global Hub
Presented by-
Ashish
Naman
Praveen
Rajkaran
Rounak
Shreel
2. Walk through the history
India opened up the economy in the early nineties
following a major crisis that led by a foreign exchange
crunch that dragged the economy close to defaulting on
loans.
The response was a number of Domestic and external
sector policy measures partly prompted by the immediate
needs and partly by the demand of the multilateral
organizations.
The new policy regime radically pushed forward in favor
of a more open and market oriented economy.
3. Introduction
Open Mind Set
o Intolerance for laziness
o Shoddy Products
o Open Corruption
o Use of cheapest resources available
o Hire the best people
o Face Competition
Multi Cultural
Multi Ethnic Society
Free press that readily exposes the shortcomings
4. Why is India as a country closed?
Poor colonial experience.
Politicians.
Lack of confidence in Indian entrepreneurs.
‘Cant compete’ attitude.
5. According to Raghuram Rajan, India could move
faster towards being a global hub if it considers the
following key factors:
first, expanding access to, and improving the quality
of, education.
second, improving access to finance.
third, creating more ownership and infrastructure in
rural areas
Key steps towards making India a global hub
6. Polarity
The wealth of high net worth individuals (HNIs) in India, is set
to grow by a compounded annual growth rate (CAGR) of 23 per
cent over the next four years and will touch a staggering Rs 249
trillion (US$ 4.69 trillion)
350 million people below poverty line
Cut-off for poverty line
• 29 rupees, or 55 cents, a day in urban areas
• 22 rupees or about 40 cents a day in rural areas
Electricity sector in India had an installed capacity of 202.98 GW
as of May 2012, the world's fifth largest
7.
8. Education
1.4 million schools with over 227 million students
enrolled and more than 36,000 higher education
institutes
25% of its population is still illiterate; only 15% of
Indian students reach high school, and just 7%, of the
15% who make it to high school, goes for graduation.
India produced 11% of graduates in 2010, expected
produce 12% of the share of graduates by 2020 around
the world.
Education in India is provided by the public sector as
well as the private sector, with control and funding
coming from three levels: central, state, and local.
In 2005 India (2nd largest education system after China)
was having 2.5 million graduates CAGR of 34% at
present.
9. Till education market is expected of having mammoth
size of US$ 40 billion by 2020. higher education
contributes 59.7 per cent of the market size, school
education 38.1 per cent, pre-school segment 1.6 per
cent, and technology and multi-media the remaining 0.6
per cent.
India’s higher education system largest in the world
enrolling over 70 million students.
Higher education sector 46,200 crore.
Schools have grown at a CAGR of 2.5% from 1.2
million in 2005 to 1.4 million in 2011 and enrolment
has grown at a CAGR of 2.2% to reach 284 million
students in 2015.
10. The 2011 survey holds the National Literacy Rate to
be around 74.07%.
The youth literacy rate, measured within the age
group of 15 to 24, is 81.1% (84.4% among males and
74.4% among females), while 86% of boys and 72%
of girls are literate in the 10-19 age group.
India holds an important place in the global
education industry.
The country has more than 1.4 million schools with
over 227 million students enrolled and more than
36,000 higher education institutes.
11. Investment
The total amount of foreign direct investments (FDI)
inflow into the education sector in India stood at US$
1,171.10 million from April 2000 to June 2015.
According to data released by Department of Industrial
Policy and Promotion (DIPP).
12. Prime Minister Mr. Narendra Modi launched the Skill
India initiative – ‘Kaushal Bharat, Kushal Bharat’.
Under this initiative, the government has set itself a
target of training 400 million citizens by 2022 that would
enable them to find jobs.
Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
Skill Loan Scheme is designed to disburse loans of Rs
5,000 (US$ 75.3) to Rs 150,000 (US$ 2,260) to 3.4
million Indians planning to develop their skills in the
next five years.
Government Initiatives
13. The Government of India has launched the National
Web Portal for promotion of National Apprenticeship
Scheme for Graduates, Diploma holders and 10+2
pass-outs vocational certificate holders.
The Japan International Cooperation Agency (JICA)
will train bureaucrats from the HRD ministry.
digital employment exchange
government initiatives are being adopted to boost the
growth of distance education market, besides focusing
on new education techniques, such as E-learning and
M-learning.
Vidya Lakshmi (www.vidyalakshmi.co.in), for
students seeking educational loans.
National Policy for Skill Development and
Entrepreneurship 2015.
14. Foreign Direct Investment
The Indian economy requires FDI to fill the gap between
domestic savings and investment and to boost productivity- and
investment-led growth.
Although Indian FDI policy has been progressive, inflows have
been far lower than expected and lag behind those of
competitors like China.
Low levels of investment and trade, combined with decelerating
growth, have been causes for concern in India.
Financial sector
15. Some of the factors that affect FDI inflow to India are
1- inadequate infrastructure,
2- inflexible labor markets,
3- difficult land-acquisition procedures,
4- lack of progressive FDI reforms, and
5- lack of center-state coordination.
The post-liberalization period since 1991 has been remarkable
in many ways because it has created a significantly more
positive environment for foreign investors. While only 29
countries invested in India in 1991, India currently has more
than 130 FDI source countries.
Major investors in India include Mauritius, the United States,
Singapore, the United Kingdom, the Netherlands, and Japan.
Mauritius alone accounts for more than 40% of India’s FDI.
16. Major FDI inflows have come into the manufacturing and services
sectors, and a number of industries received a good amount of FDI
between 2000 and 2014,
construction ($23 billion)
telecommunication ($14 billion)
computer software and hardware ($12 billion)
drugs and pharmaceuticals ($11 billion)
automobiles ($9.8 billion)
chemicals ($9.6 billion)
power ($8.9 billion)
and electronics equipment ($3.3 billion)
17. Foreign Direct Investment in India increased by 3743 USD
Million in December of 2015.
Foreign Direct Investment in India averaged 1127.37 USD
Million from 1995 until 2015, reaching an all time high of 5670
USD Million in February of 2008 and a record low of -60 USD
Million in February of 2014.
18. India stands as the fourth most attractive destination for FDI in
E&Y's global ranking (dropped 2 places from year before).
Sector Amount
(USD)
Services 5.05 billion
Pharmaceuticals 3.21 billion
Telecom 1.99 billion
Construction 2.52 billion
Power 1.61 billion
Metallurgical 1.76 billion
Country Amount
(USD)
U.S 11.2 billion
Mauritius 9.42 billion
Singapore 5.07 billion
Japan 2.86 billion
UK 2.75 billion
Germany 1.54 billion
Cyprus 1.42 billion
19. Indian banking sector
Indian banking sector credit growth has grown at a
healthy pace
• Total credit extended went up to US$ 1,089 billion by FY15
• Credit to non-food industries increased 9.75 per cent to US
1,073.4 billion in FY15, from the previous financial year
• Demand has grown for both corporate and retail loans.
20. Banks lending rate
Bank Lending Rate in India remained unchanged at 9.70 percent
in January from 9.70 percent in December of 2015.
Bank Lending Rate in India averaged 13.90 percent from 1978
until 2016, reaching an all time high of 20 percent in October of
1991 and a record low of 8 percent in July of 2010.
21. • India recorded a Government Debt to GDP of 66.10 percent
of the country's Gross Domestic Product in 2014.
• Government Debt to GDP in India averaged 73.66 percent
from 1991 until 2014, reaching an all time high of 84.30
percent in 2003 and a record low of 65.80 percent in 2013.
India Government Debt to GDP
22. India GDP annual Growth Rate
The Indian economy expanded 7.3 percent year-on-year in the last
three months of 2015, slowing from an upwardly revised 7.7 percent
growth in the previous quarter but in line with market expectations.
GDP Annual Growth Rate in India averaged 6.04 percent from 1951
until 2015, reaching an all time high of 11.40 percent in the first
quarter of 2010 and a record low of -5.20 percent in the fourth quarter
of 1979.
23. India Imports
Imports to India dropped 11 percent year-on-year to USD 28,710
million in January of 2016, following a 3.88 percent fall in the
previous month.
While oil purchases slumped 39 percent, gold imports surged 85.2
percent. Imports in India averaged 6564.39 USD Million from 1957
until 2015, reaching an all time high of 45281.90 USD Million in
May of 2011 and a record low of 117.40 USD Million in August of
1958.
24. India Exports
Exports from India fell 13.6 percent to USD 21,080 million in
January of 2016.
It is the 14th straight month of decline, as non-petroleum
exports declined by 10.55 percent to USD 19,116 million.
Exports in India averaged 4473.03 USD Million from 1957 until
2015, reaching an all time high of 30541.44 USD Million in
March of 2013 and a record low of 59.01 USD Million in June
of 1958.
25. Balance of trade
India recorded a USD 7639 million trade deficit in January of
2016, lower than a USD 7872 million gap a year earlier and
reaching the smallest shortfall since February of 2015.
Exports fell 13.6 percent to USD 21,080 million, the 14th
straight month of decline, as non-petroleum exports declined
by 10.55 percent to USD 19,116 million.
Imports dropped 11 percent year-on-year to USD 28,710
million, following a 3.88 percent fall in the previous month.
While oil purchases slumped 39 percent, gold imports surged
85.2 percent.
Balance of Trade in India averaged -2091.30 USD Million
from 1957 until 2015, reaching an all time high of 258.90
USD Million in March of 1977 and a record low of -20210.90
USD Million in October of 2012.
26.
27. Challenges that India faces in financial sector :
Reducing the fiscal deficit, to reduce the risk of
macroeconomic instability and to increase the availability of
finance to the private sector;
Improving the legal, regulatory and supervisory frameworks,
in order to improve banks’ credit and risk management;
Improving systems for dealing with weak banks;
Developing capital markets further,
Developing pensions and insurance to increase finance for
long term investments, including infrastructure;
Improving financial services to improve the welfare of
customers and meet the challenge of globalization of financial
services; and
Managing links to external capital markets;
28. Infrastructure in rural areas
Rural development may be defined as structural changes in the
socio-economic situation to achieve improved living standard
of low-income population residing in rural areas and making
the process of their development self sustained.
Development of rural areas is slow due to improper and
inadequate provision of infrastructure with compare to urban
areas. That’s why rural share in GDP is always less.
29. Rural Development
Infrastructure plays a crucial role for not just the country’s
economic growth but also its progress in human development.
Rural areas account for a larger part of the geographical area in
India.
Census 2011 reports that there are 6.4 lakh villages in India,
which shelter more than two-third of the country’s population.
Provisioning of basic infrastructure facilities for this large
section of the population spread across 3.28 million square
kilometer of the country’s geographical area has been a major
challenge.
30. Roads
India has developed a reasonably wide road network in the last
few decades. World Road statistics 2009 says that India’s road
density is 1.25 km/sqkm (2008), which is higher than that of
China’s 0.36 km/sqkm (2007) and Brazil’s 0.20 km/sqkm (2004).
As far as rural India is concerned, the road network has been
increased from 3,54,530 lakh km in 1971 to 42,50,559 lakh km
in 2012 ( including 10,61,809 lakh km roads constructed under
Jawahar Rozgar Yojana and Pradhan Mantri Gram Sadak Yojana)
31. Power
Electricity has become a necessity for every household. The
governments at the Centre and States have been trying to push
various reforms in power sector in order to provide Electricity
to people at affordable prices.
The aim to provide “Power to all by 2012” has not been
fulfilled. According to the Central Electricity Authority,
Government of India, a total of 5,56,633 villages have been
electrified, which stands at 84% of total villages in the country
at present.
By the start of 2015 a the total villages electrified were raised
to a total of 5,96,286 and is expected to cover 90% by the end
of 2017.
32. Housing
The housing conditions in rural India have not improved much.
According to Census 2011, as much as 20.7 percent of the total
206 million (or 20.6 crore) occupied rural houses are with
thatched roofs.
The government has taken various measures for building rural
India, some of these measures were: Indira Awas Yojana (IAY),
Rural Infrastructure Development Fund (RIDF) by the National
Bank for Agriculture and Rural Development (NABARD) and
Rural Housing Fund by the National Housing Bank, these
schemes aim at promoting rural housing in the country.
33. Education
The 8th All India School Education Survey (AISE) report shows
that there are 6.75 lakh primary schools functioning in rural areas
in the country. It presents a picture that on an average every
village in India has a primary school.
The survey reports that there are 3.04 lakh upper primary, 82.8
thousand secondary and 36.9 thousand higher secondary schools
along with 1.18 thousands degree colleges in the rural belt of
India.
34. Indian Agriculture
Provides about 65% of the livelihood
Accounts for 27% of GDP
Contributes 21% of Total Exports, and Supplies Raw
materials to Industries
Growth Rate in production - 5.7%
Food grains production – 211.17 mt
35. Agriculture
GDP From Agriculture in India increased to 5131.90 IND
Billion in the fourth quarter of 2015 from 2986.92 IND Billion
in the third quarter of 2015.
GDP From Agriculture in India averaged 3931.33 IND Billion
from 2011 until 2015, reaching an all time high of 5217.45
IND Billion in the fourth quarter of 2013 and a record low of
2715.05 IND Billion in the third quarter of 2011.
36. What is Digital India?
Digital India is a Programme to prepare India for a knowledge
future.
The focus is on being transformative – to realize IT + IT = IT
The focus is on making technology central to enabling change.
It is an Umbrella Programme – covering many departments.
It weaves together a large number of ideas and thoughts into a
single, comprehensive vision so that each of them is seen as part
of a larger goal.
Each individual element stands on its own. But is also part of
the larger picture.
The weaving together makes the Mission transformative in
totality
37. The Programme:
Pulls together many existing schemes.
These schemes will be restructured and re-focused.
They will be implemented in a synchronized manner.
Many elements are only process improvements with
minimal cost.
The common branding of programmes as Digital India
highlights their transformative impact
38. Vision of Digital India
Centered on 3 Key Areas
Digital Infrastructure as a Utility to Every Citizen
Governance & Services on Demand
Digital Empowerment of Citizens
39. Nine Pillars of Digital India
1. Broadband
Highways
2. Universal Access
to Phones
3. Public Internet
Access Programme
4. E-Governance –
Reforming
government through
Technology
5. eKranti –
Electronic delivery
of services
6. Information for
All
Electronics Manufacturing
7. Electronics
Manufacturing –
Target NET ZERO
Imports
8. IT for Jobs
9. Early Harvest
Programmes
40. Future of globalization
By 2025 the India's economy is projected to be about
60 per cent the size of the US economy.
The transformation into a tri-polar economy will be
complete by 2035, with the Indian economy only a
little smaller than the US economy but larger than that
of Western Europe.
By 2035, India is likely to be a larger growth driver
than the six largest countries in the EU, though its
impact will be a little over half that of the US.
41. Future Prospect
India has good Information Technology , Communications,
Financial Skills.
India needs sound regulatory environment , good conditions for
capital account convertibility .
Good prospect in the education sector.
Good scope for tourism ,Health & Care .
Improve conditions for trade in the country.
Realise that competition is good for a country’s growth and
prosperity .
42. Foreign companies should not be discriminated .
Encouraging open debates before implementing policies.
Foreign & Regulatory