SYNOPSIS Submitted By: Group -16

Aditya Gupta (7349), Garima Nagpal (7350),

Laxmi Sarang (7351), Mansi Tukaram Borule (7352)

01 Data Interpretation & Analysis of State Wise Birth Rates

Birth Rate in India over the last few years has provided steadily declining over these years.
Many factors have been determined behind the same which are as follows:
Socio-Economic: Largely due to increase in awareness and education among women
and decrease in socio-economic inequalities between men and women.
Demographic Factors relating to decrease in child morality rates and increasing ageing
population also led to decrease in birth rates.
Introduction of Government policies and increase in awareness.
States with highest birth rates namely; Bihar, UP, MP, Rajasthan and Meghalaya were
identified. Main reason behind the same was lack of education and societal customs.
States with lowest birth rates namely; Goa, Nagaland, Tripura, Kerala, Manipur and
Tamil Nadu were also identified. Main reason for low birth rates could be directly
related to awareness among people.
The research further discussed about the north-south divide due to difference between
societal norms and how the transition from a young population to a middle aged
population will take place due to declining birth rates.

02 Article Review 1: Investing in Indian Market

The article talks about how India is a good place for businesses, especially for making
things. It says India has a big market, it's cheaper to make stuff there, and there are special
areas where companies get benefits. But there are also challenges like complicated rules
and not-so-great roads and electricity. It gives tips for businesses to do well in India like
understanding what people want, making strong partnerships, hiring locals, and using the
internet. Overall, it says India is a promising place for companies, but they need to be smart
about how they work there.

03 Article Review 2: India’s Economic Rise

India's economic rise seems promising, fueled by strong GDP growth, a growing middle
class, and booming consumer spending. But a closer look reveals some concerns. The
article overly relies on estimations and downplays risks like income inequality, market
volatility, and sustainability challenges. While acknowledging the potential in sectors like
manufacturing, startups, and green energy, it overlooks implementation hurdles and the
impact of global factors. Overall, the article offers a motivational glimpse but needs a
critical lens to appreciate India's true economic story.

04 About Abhijit Vinayak Banerjee

Abhijit Vinayak Banerjee (born February 21, 1961) is an Indian-born American economist
who is currently the Ford Foundation International Professor of Economics at the
Massachusetts Institute of Technology. He is best known for his work on development
economics, poverty alleviation, and experimental economics. He was awarded the 2019
Nobel Memorial Prize in Economic Sciences, along with his wife Esther Duflo and Michael
Kremer, "for their experimental approach to alleviating global poverty".