India has the eleventh largest economy in the world by nominal GDP and third largest by purchasing power parity. It adopted a Soviet-inspired economic model initially but later liberalized its economy under reforms in the 1990s, leading to high growth rates. Strengths include a large workforce, arable land, and educated population. Weaknesses include a large agricultural workforce with low productivity, poverty, and inequality. Opportunities lie in private sector growth, foreign investment, and developing industries like IT and infrastructure. Threats include a global recession, high deficit, volatile oil prices, and population growth issues.
As covid 19 is on its path of disrupting and damaging world economies, the economy of India is also not unaffected. With this review paper it has been tried to find the various impacts of lockdown and covid 19 on tourism industry specifically in India. Impact of corona on Indian economy, tourism, and other parts of tourism will be analyzed with the help of content analysis. Medical tourism being hit at large will also be discussed apart from other sections of tourism in India. This paper will also attempt to gather the views on responsible tourism and will gather the suggested possible frameworks for government and bureaucrats to consider. Bringing equality, social justice and oneness are some of the important aspects associated with tourism cohesively and so an attempt has been made to draw attention towards them in the study. Abhimanyu Awasthi | Md. Soyav | Kumari Shiwani "Effect of Covid-19 on Tourism Industry" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-1 , December 2020, URL: https://www.ijtsrd.com/papers/ijtsrd38070.pdf Paper URL : https://www.ijtsrd.com/management/business-administration/38070/effect-of-covid19-on-tourism-industry/abhimanyu-awasthi
As covid 19 is on its path of disrupting and damaging world economies, the economy of India is also not unaffected. With this review paper it has been tried to find the various impacts of lockdown and covid 19 on tourism industry specifically in India. Impact of corona on Indian economy, tourism, and other parts of tourism will be analyzed with the help of content analysis. Medical tourism being hit at large will also be discussed apart from other sections of tourism in India. This paper will also attempt to gather the views on responsible tourism and will gather the suggested possible frameworks for government and bureaucrats to consider. Bringing equality, social justice and oneness are some of the important aspects associated with tourism cohesively and so an attempt has been made to draw attention towards them in the study. Abhimanyu Awasthi | Md. Soyav | Kumari Shiwani "Effect of Covid-19 on Tourism Industry" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-1 , December 2020, URL: https://www.ijtsrd.com/papers/ijtsrd38070.pdf Paper URL : https://www.ijtsrd.com/management/business-administration/38070/effect-of-covid19-on-tourism-industry/abhimanyu-awasthi
China, South China Sea Dispute, Philippines, USA, Spratlys, Artificial Islands, Reclamation, Regular Patrols, Military Conflict, Militarization, ADIZ, Air Defense Identification Zone
The presentation was made for a regional geography assignment on South Asia. It describes the prominent industries in India and Government Policy of India regarding industrialization.
Geo-strategic Worth And Location of Pakistan - CPEC - 2017FaHaD .H. NooR
CPEC Game changer
IT will help you finding why Pakistan is impotant to China. Cpec importance worth
The geography of Pakistan is a profound blend of landscapes varying from plains to deserts, forests, hills, and plateaus ranging from the coastal areas of the Arabian Sea in the south to the mountains of the Karakoram range in the north. Pakistan geologically overlaps both with the Indian and the Eurasian tectonic plates where its Sindh and Punjab provinces lie on the north-western corner of the Indian plate while Balochistan and most of the Khyber Pakhtunkhwa lie within the Eurasian plate which mainly comprises the Iranian Plateau. Gilgit-Baltistan and Azad Kashmir lie along the edge of the Indian plate and hence are prone to violent earthquakes where the two tectonic plates collide.
Pakistan is bordered by India to the east, Afghanistan to the west and Iran to the southwest while China borders the country in the northeast. The nation is geopolitically placed within some of the most controversial regional boundaries which share disputes and have many-a-times escalated military tensions between the nations, e.g., that of Kashmir with India and the Durand Line with Afghanistan. Its western borders include the Khyber Pass and Bolan Pass that have served as traditional migration routes between Central Eurasia and South Asia
The following is a short and simple powerpoint presentation on the topic of $5 Trillion Economy of India made for the subject "Indian Economy" which falls under BBA course.
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The presentation made above looks at the strengths, weakness, opportunities and threats of the country. It also does a PESTLE analysis of the country as a whole giving information about the business opportunities in existing as well as new business sectors.
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Challenges And Opportunities Of Globalisationloveleenchawla
Globalization: challenges and opportunities
Abstract:
Globalization is a multifaceted phenomenon. The paper identify some of the
Challenges it poses, as well as some of the opportunities it offers. Attention is focused on three major aspects of globalization namely economic, cultural, and political.
During 1990 to 2003, the volume of world trade has increased and the higher and middle-income countries managed to increase their share in world trade mainly due to the opening up of economies because of globalization. The middle-income countries had invited more Foreign Direct Investment during the period and the per capita GDP of the low-income countries was marginally increased. This resulted into the economic inequality, which widened between different income groups. In other words globalization has been confined to developed countries and developing countries were able to participate in the process.
However, globalization should not be accused for loosing share of the low-income countries. These countries suffered from internal problems like rapid rise in population, infrastructure bottlenecks, weak financial markets and so on.
Globalization and its benefits required a conducive environment to ensure higher returns and larger markets for foreign investors. To get a share of global capital, technology and output, developing countries had to upgrade their social and economic institutions through administrative, legislative and legal reforms.
Globalization merely provides opportunities to flourish. Globalization is not a tool to produce equality of outcome but it produces equality of opportunity for those with right mindset. Therefore developing countries require focusing on economic restructuring, developing market-supporting institutions and creating efficient regulatory mechanisms.
The low-income countries cannot survive at their own; they require international assistance and a support mechanism so as to facilitate their participation in the process of globalization. The challenge of the hour is to make globalization work towards global prosperity through disaggregate development. The critically necessity in this context are the collective and cooperative actions which should be realized by all countries of the world and particularly the developed ones.
Recently, IMF said that India will grew at 7.5% overtaking China as the fastest growing economy in 2015-16 due to recent policy initiatives made by government of India.But the prospects could change depending on the implementation of the reforms of the new Modi government.
Emergence of india as an economic super powerKavya B.S
Four important strategies for our Economy to prosper is that of:
1) Inclusive growth
2) Environmental concern
3) Investment in innovation
4)Curbing of Black Money
thus explaining each of them.
2. The Economy of India is the eleventh largest in the world by nominal
GDP and the third largest by purchasing power parity (PPP). The country
is one of the G-20 major economies and a member of BRICS. In 2011, the
country's per capita income stood at $3,694 IMF, 129th in the world, thus
making a lower-middle income economy.
After the independence-era Indian economy (before and a little after 1947)
was inspired by the Soviet model of economic development, with a large
public sector, high import duties combined with interventionist policies,
leading to massive inefficiencies and widespread corruption. However,
later on India adopted free market principles and liberalized its economy to
international trade under the guidance of Manmohan Singh, who then was
the Finance Minister of India under the leadership of P.V.Narasimha
Rao the then Prime Minister. Following these strong economic reforms, the
country's economic growth progressed at a rapid pace with very high rates
of growth and large increases in the incomes of people.
3. Strengths
Huge pool of labour force.
High percentage of cultivable land.
Diversified nature of the economy .
Huge English speaking population, availability of skilled manpower .
Stable economy, does not get affected by external changes.
Extensive higher education system, third largest reservoir of engineers .
High growth rate of economy .
Rapid growth of IT and BPO sector bringing valuable foreign exchange.
Abundance of natural resources .
4. Weakness
Very high percentage of workforce involved in agriculture which
contributes only 23% of GDP .
Around a quarter of a population below the poverty line .
High unemployment rate .
Stark inequality in prevailing socio economic conditions .
Poor infrastructural facilities .
Low productivity .
Huge population leading to scarcity of resources .
Low level of mechanization .
Low literacy rates.
Unequal distribution of wealth .
Rural-urban divide, leading to inequality in living standards .
5. Opportunities
Scope for entry of private firms in various sectors for business .
Inflow of Foreign Direct Investment is likely to increase in many sectors .
Huge foreign exchange earning prospect in IT and ITES sector .
Investment in R&D, engineering design .
Area of biotechnology .
Huge population of Indian Diaspora in foreign countries (NRIs) .
Area of Infrastructure .
Huge domestic market: Opportunity for MNCs for sales .
Huge natural gas deposits found in India, natural gas as a fuel has
tremendous opportunities .
Vast forest area and diverse wildlife .
Huge agricultural resources, fishing, plantation crops, livestock .
6. Threats
Global economy recession/slowdown
High fiscal deficit
Threat of government intervention in some states
Volatility in crude oil prices across the world
Growing Import bill
Population explosion, rate of growth of population still high
Agriculture excessively dependent on monsoons