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Presentation 11
Presentation 11
Presentation 11
License Raj. The collapse of the Soviet Union, which was India's
competition, led to privatization of certain public sector industries, liberalized the FDI regime, improved infrastructure and led to an expansion in the production of fast moving consumer goods.
Agriculture
y India ranks second worldwide in farm output. y Agriculture and allied sectors like forestry, logging and
respectively.
encouraging mergers, reducing government interference and increasing profitability and competitiveness, other reforms have opened up the banking and insurance sectors to private and foreign players.
oil demand.
y As of 2009, India's total proven oil reserves stood at
775 million metric tonnes while gas reserves stood at 1074 billion cubic metres.
information technology and other significant areas such as auto components, chemicals, apparels, pharmaceuticals, and jewellery.
y During 2000 10, the country attracted $178 billion as
FDI.
stood at122,919 crore , a growth of 25% in rupee terms over the previous period.
Education
y India has made huge progress in terms of increasing
primary education attendance rate and expanding literacy to approximately two third of the population.
y The right to education at elementary level has been
made one of the fundamental rights under the eightysixth Amendment of 2002, and legislation has been enacted to further the objective of providing free education to all children.
Infrastructure
y Reforms brought about by the Electricity Act of 2003
caused far-reaching policy changes paving the way for creating a competitive market-based electricity sector.
y Substantial improvements in water supply
infrastructure with the proportion of the population having access to safe drinking water rising from 66% in 1991 to 92% in 2001 in rural areas, and from 82% to 98% in urban areas.
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covering about 3.3 million kilometers and carrying 65% of freight and 80% of passenger traffic.
y Internet use is rare; there were only 7.57 million
broadband lines in India in November 2009, however it is still growing at slower rate and is expected to boom after the launch of 3G and wimax services.