india
DESCRIPTION
Economic Development since 1947. India. http://www.mapsofindia.com/maps/india/india-flag.jpg. https://www.cia.gov/library/publications/the-world-factbook/geos/in.html. Basic Information. Population: 1,147,995,904 Median Age: 25.1 years Population Growth Rate: 1.578% - PowerPoint PPT PresentationTRANSCRIPT
India
https://www.cia.gov/library/publications/the-world-factbook/geos/in.html
http://www.mapsofindia.com/maps/india/india-flag.jpg
Economic Development since 1947
Basic Information
• Population: 1,147,995,904• Median Age: 25.1 years• Population Growth Rate: 1.578%• 15 official languages• Religions: Hindu, Muslim, Christian, Sikh• Literacy: – Males: 73.4%– Females: 47.8%
Basic Information
• Capital: New Delhi• GDP (PPP): $2.966 trillion• GDP Real Growth Rate: 9%• GDP Per Capita: $2,600• Unemployment Rate: 7.2%• Population Below Poverty Line: 25%• Inflation Rate: 6.4%
GDP (PPP) – last 100 years
19081911
19141917
19201923
19261929
19321935
19381941
19441947
19501953
19561959
19621965
19681971
19741977
19801983
19861989
19921995
19982001
20040
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
GDP (PPP)
Source: www.imf.org
GDP (PPP)
19801981
19821983
19841985
19861987
19881989
19901991
19921993
19941995
19961997
19981999
20002001
20022003
20042005
20062007
0
500
1000
1500
2000
2500
3000
3500
4000
4500
India GDP (PPP) in Billions
Source: www.imf.org
GDP Growth (%)
19801981
19821983
19841985
19861987
19881989
19901991
19921993
19941995
19961997
19981999
20002001
20022003
20042005
20062007
0
1
2
3
4
5
6
7
8
9
GDP Growth
Source: www.imf.org
Inflation Rate
19801981
19821983
19841985
19861987
19881989
19901991
19921993
19941995
19961997
19981999
20002001
20022003
20042005
20062007
0
2
4
6
8
10
12
14
16
Inflation
Source: www.imf.org
Basic Information
• Index of Economic Freedom: 54.2 (115)
• Major Industries:– textiles, chemicals, food processing, steel,
transportation equipment, cement, mining, petroleum, machinery, and software
Basic Information
• Export Partners: US 15%, China 8.8%, UAE 8.7%, UK 4.4%
• Import Partners: China 10.7%, US 7.8%, Germany 4.5%, Singapore 4.4%
• Currency: Rupee• Communications– Main line phones: 38.76 Million– Mobile Cellular: 296.08 Million
Culture
• Birthplace of several Religious systems• Musical Culture• Food• Indian Film Industry• Philosophy
Political History
• British Rule ended in 1947– British India split into Pakistan and India
• Jawaharlal Nehru• Indira Gandhi• Rajiv Gandhi• Narasimha Rao• Coalition Politics
Economic History
• At time of Independence– 5% of US GDP – One sixth of population
urban
http://globalis.gvu.unu.edu/indicator_detail.cfm?Country=IN&IndicatorID=30#row
Economic History
• Nehru’s policies– 5 year plans– Intended to encourage growth of manufacturing
and heavy industries– License Raj
• Trade and Budget Deficits• Hindu Rate of Growth
Economic History
• 1975 – One fifth of population urban• Back-to-back assassinations weakened
confidence of international investors• As of 1991, India had a fixed exchange rate
system– Foreign Exchange Crisis
• Narasimha Rao - liberalization
Current Account Balance (In Billions)
19801981
19821983
19841985
19861987
19881989
19901991
19921993
19941995
19961997
19981999
20002001
20022003
20042005
20062007
-35
-30
-25
-20
-15
-10
-5
0
5
10
15
Current Account Balance
Source: www.imf.org
Inflation and GDP
19801981
19821983
19841985
19861987
19881989
19901991
19921993
19941995
19961997
19981999
20002001
20022003
20042005
20062007
0
2
4
6
8
10
12
14
16
Inflation RateGDP Growth Rate
Source: www.imf.org
Economic History
• 2000 – 4% of US GDP• National Democratic Alliance (NDA)– Telecommunications– Infrastructure• Golden Quadrilateral road network
Recent Achievements
• Maintained electoral democracy• Reduced absolute poverty by more than half• Improved literacy and health conditions• One of the fastest growing economies• Emerged as major player in information
technology, business process outsourcing, telecommunications, and pharmaceuticals