The Indian economy is the third largest in the world based on purchasing power and is projected to become the third largest economy by 2035 after the US and China. It will grow to 60% the size of the US economy. The history of the Indian economy can be broadly divided into three phases - pre-colonial, colonial, and post-colonial. Currently, the Indian economy is slowing with GDP growth at 4.8% in the first quarter of 2013, but the government is introducing reforms and increasing capital investment and social spending to boost growth going forward.

1. INDIAN ECONOMY

2. The Indian economy , the third largest economy in the world
in terms of PURCHASING POWER, is going to touch new
height in coming years.
According to global investment bank by 2035 India would be
3RD largest .
Economy of the work just after US and CHINA. It will grow
to 60% of size of the US. Economy

3. The History of India economy can be broadly divided into
three phase:
Pre-Colonial
Colonial
Post Colonial
Pre- Colonial:- The economy history of India since INDUS VALLEY
civilization to 1700 AD can be categorized under this phase. During this
Phase Indian economy was very well developed.
Colonial:- The arrival of East India Company in India caused a huge strain
to the Indian economy. During this phase Indians share of world income
deceived from 22.3% to 38% in 1952
Post Colonial:- After India got independence from colonial rule in 1947,
the process of rebuilding started various policies and schemes were
formulated.

4. Indian Economy is bound for slower growth. In recent months,
Indian government has introduced Pro business economic
reforms and outlined plans to increase.
Spending on capital investment and large scale social
programs.
In the first three months of 2013 the GDP growth slowed to
4.8%

5. Sectors of
Indian
economy
Primary sector
Secondary
sector
Tertiary sector Other sector
Organized
sector
Unorganized
sector
Public sector Private sector

6. In this the economic activity depends mainly on directly
using natural resources.

7. Secondary Sector:- It involves manufacturing and the
industrial production of physical goods.

8. It involves providing intangible goods like services , attention,
advice, experience, and discussion.

9. EXTERNAL TRADE
AND
INVESTMENT

10. What is External Trade ?
Exchange of capital, goods, and services across international
borders or territories.
Importance Of External Trade
International trade is exchange of capital, goods, and services
across international borders or territories.
International trade is the backbone of our modern, commercial
world, as producers in various nations try to profit from an
expanded market.

11.  Foreign direct investment
(FDI) is direct investment into
production in a country by a
company located in another
country.
 Foreign direct investment is
done for many reasons

12. India is well placed to benefit from globalization and
outsourcing.
There is much scope for increases in efficiency.
Demographics of India are favorable.
Positive Growth Forecasts.

13. Inflation.
Poor educational standard.
Poor Infrastructure.
Balance of payment deterioration.
High level of debt
Large budget deficit
Rigid labor laws
Slowdown in growth

14. If these problems are solved then the future for India looks
bright, India might well become one of the superpowers of the
21st Century. India country with Potentials for ‘sustaining’
development!!
Together we will make a difference.