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    Lecture 1 Information On Indian Economy

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    pranshu90
    India has a GDP of $1,371 per capita and 8.5% GDP growth, with over a third of the population living below the poverty line. Services make up 55.2% of the GDP, followed by industry at 26.3% and agriculture at 18.5%. Unemployment is at 9.4% and over half the workforce is employed in agriculture. Major industries include telecommunications, textiles, food processing, steel, and software. Exports were $225.6 billion in 2010 led by petroleum, precious stones, and machinery, while imports were $357.7 billion consisting mostly of crude oil, machinery, and chemicals.

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    Lecture 1 Information On Indian Economy

    Uploaded by

    pranshu90
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    India has a GDP of $1,371 per capita and 8.5% GDP growth, with over a third of the population living below the poverty line. Services make up 55.2% of the GDP, followed by industry at 26.3% and agriculture at 18.5%. Unemployment is at 9.4% and over half the workforce is employed in agriculture. Major industries include telecommunications, textiles, food processing, steel, and software. Exports were $225.6 billion in 2010 led by petroleum, precious stones, and machinery, while imports were $357.7 billion consisting mostly of crude oil, machinery, and chemicals.

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    India has a GDP of $1,371 per capita and 8.5% GDP growth, with over a third of the population living below the poverty line. Services make up 55.2% of the GDP, followed by industry at 26.3% and agriculture at 18.5%. Unemployment is at 9.4% and over half the workforce is employed in agriculture. Major industries include telecommunications, textiles, food processing, steel, and software. Exports were $225.6 billion in 2010 led by petroleum, precious stones, and machinery, while imports were $357.7 billion consisting mostly of crude oil, machinery, and chemicals.

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    9 views7 pages

    Lecture 1 Information On Indian Economy

    Uploaded by

    pranshu90
    India has a GDP of $1,371 per capita and 8.5% GDP growth, with over a third of the population living below the poverty line. Services make up 55.2% of the GDP, followed by industry at 26.3% and agriculture at 18.5%. Unemployment is at 9.4% and over half the workforce is employed in agriculture. Major industries include telecommunications, textiles, food processing, steel, and software. Exports were $225.6 billion in 2010 led by petroleum, precious stones, and machinery, while imports were $357.7 billion consisting mostly of crude oil, machinery, and chemicals.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    Information on Indian Economy

    GDP Growth: 8.5% (201011) GDP per capita $1,371 (nominal, 2010) $3,408 (PPP; 2010) Population below poverty line 37% (2010 Gini Index 36.8 Inflation (CPI) 9.72% (September 2011)

    GDP by sector

    Services (55.2%), Industry (26.3%), Agriculture (18.5%) (2010 est.)

    Labour force 478 million (2010) Labour force by occupation Agriculture (52%), Industry (14%), Services (34%) (2009 est.) Unemployment 9.4% (200910)

    Main industries:
    telecommunications, textiles, chemicals, food processing, steel, transportation , equipment, cement, mining, petroleum, machinery, software, pharmaceuticals

    Ease of Doing Business Rank 132nd (2011) Business competitiveness

    Trade: Exports $225.6 billion (2010 est.) Export goods: petroleum products, precious stones, machinery, iron and steel, chemicals, vehicles, apparel Main export partners: US 12.6%, UAE 12.2%, China 8.1%, Hong Kong 4.1% (2010)

    Imports :$357.7 billion (2010 est.) Import goods crude oil, precious stones, machinery, fertilizer, iron and steel, chemicals

    Main import partners :China 12.4%, UAE 6.5%, Saudi Arabia 5.8%, US 5.7%, Australia 4.5% (2010) FDI stock $35.6 billion (2009 10

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