The document provides an overview of the Indian economy, including its imports, exports, economic sectors, external trade, foreign direct investment, and developmental issues. It notes that India has the 7th largest nominal GDP and 3rd largest GDP by PPP. The top imports are crude oil, electronics, and engineering goods, while the top exports are software, agriculture products, and textiles. Key economic sectors include agriculture, industry, finance, services, and natural resources. The document also discusses India's trade relations and balance of payments, and highlights ongoing development issues such as poverty, lack of shelter and sanitation, and unemployment.
2. Table of Content
1. Introduction
2. Import and Export
3. Economic Sectors in India
4. External trade and Investment
5. Foreign Direct investment
6. Developmental issues
3. Indian Economy
Location : Asia
Capital : New Delhi
Financial Capital : Mumbai, Maharashtra
India : Developing Nation
Rank : 7th (nominal GDP) / 3rd (PPP)
Currency : 1 Indian Rupee (INR) = 100 paisa
Trade Organizations : WTO, SAFTA, BRICS, G-20 & others
Stock Exchanges : BSE, NSE
4. Imports
Imports : $466 billion: merchandise imports
$124.6 billion: services imports
$590.6 billion: Total (2013)
Import Goods : Crude oil, Electronics, Engineering goods, Plastics, Coal
and ores, iron and steel, Vegetable oil etc..
Main Import Partners : China 11.1% (2013)
European Union 10.6%
Saudi Arabia 7.9%
Unites Arab Emirates 7.1%
Switzerland 5.3%
5. Exports
Exports : $313.2 billion: merchandise exports
$150.9 billion: services exports
$464.2 billion: Total (2013)
Export Goods : Software, Agriculture products, Jewellery, engineering
good, Textiles, Chemicals, Transportation, Ores etc..
Main Export Partners : European union 16.7%(2013)
United States 12.5%
United Arab Emirates 10.1%
China 4.9%
Singapore 4.2%
12. Agriculture is still the biggest employer in India, with
54% of the Population engaged in Farming.
43 % of all Indian land is used in agriculture, but it
contributes 18% of the nation’s GDP.
13. Guns are more important
than books: 2.9% of GDP
is spend on defence
compared to 2.6% on
education. Is it guns or
education that will really
make India shine?
14. 345 Million Indians live under the poverty line. This means that one in three
Indians live on less than twenty rupees per day.
50% of Indians don’t have proper shelter.
70% don’t access to decent toilets, 35% of households don’t have a nearby water
sources.
7.2% of all Indians are unemployed – India comes in at 94th in terms of
employment.