Economic Aspects of India 2020

Presented by:- Naresh Kumar Narain Yamini Devi

Contents

1) Forecast About India 2020.2) Dr Kalam’s Vision for India 20203) Current Indian Economic Scenerio4) Barriers in achieving required economy5) Effect of FDI on Indian Economy6) What Should India do to achieve 2020 Vision7) Conclusion

Forecast About India 2020 First in Population in 2050First in Science ProductionLabor Productivity-Working population increasing day by

dayIncreased GDP Growth rateAmazing Indian EducationGlobal Agritechnology

Dr Kalam’s Vision for India 2020Agriculture and food processing --

target of doubling the present production by 2020.

Infrastructure with reliable and quality electric power.

Education and Healthcare: To provide social security and eradication of illiteracy and health

Information and Communication Technology: This is one of our core competencies and wealth generator

Critical technologies and strategic industries witnessed the growth in nuclear technology, space technology and defence technology”.

CURRENT INDIAN ECONOMIC SCENERIOPresent GDP Growth rate-

8.8%Manufacturing Growth Rate-

18.5%Double Digit Inflation rateEducation and Health careIT software and HardwarePower and EnergyInfrastructure

Barriers in achieving required economy

Agriculture-Water Crises, Improved Technology, Hybrid Seeds

Education-Weakness in Education systemHealthcare-Fake Medicines, Increasing PollutionEnergy and Power-Shortage and Inefficient use of

ElectricityCommunication- Lack of services in rural areasInfrastructure-People Living in Slums

Effect of FDI on Indian EconomyWhat is FDI.Effect of FDI on Indian Economy.For Improving Economy FDI should be IncreasedComparison of FDI with FDI of other countries

What Should India do to achieve 2020 Vision

Agriculture-Improved yield, Water Management Power and Energy -Require double power generation as per

present Infrastructure-There is a direct connection between infrastructure and growth drivers Industry-current growth rate is enough Healthcare-More emphasis on R & D Education-Computerization of Education

Conclusion

India is a nation of a billion people. A nation’s progress depends upon how its people think. It is thoughts which are transformed into actions. India has to think as a nation of a billion people. Let the young minds blossom-full of thoughts, the thoughts of prosperity

VISION INDIA 2020