Presentation by

Compare Group 9
•Kaushal Singh (012)
India’s Economic •Ritwick Kalita (021)
Growth •Aashish Matta (024)
with World Growth •Shubham (026)
•Rajat Srivastava (043)
 India is regarded as one of the fastest growing
major economy in the world. Since 2010, while
most emerging economies witnessed a declining
trend in growth rate, India’s growth rate showed
improvement. This led to global policy-makers
trying to understand the Indian economy better.
About Indian
Economy Features of the Indian Economy –
• Low Per Capita Income
• Agro-Based Economy
• Overpopulation
• Demographic Characteristics
• Under-utilisation of natural resources
Product
India has been a great
exporter of the following
goods for the past decade –
• Agriculture products
• Food
• Fuels
• Iron and Steel
• Pharmaceuticals
• Textiles
• Clothing
Services
 Major Indicators
Indicator Name 2014 2015 2016 2017 2018 2019

External debt stocks, total (DOD,

current US$) 457.5074091 478.825585 455.5020905 511.4745544 521.0343173 560.0345185

Foreign direct investment, net inflows

(BoP, current US$) 34.57664369 44.00949213 44.45857155 39.96609136 42.11745074 50.61064735

Foreign direct investment, net outflows

(BoP, current US$) 11.68648093 7.514275639 5.047292606 11.09015031 11.41778954 13.14070203
GDP (current US$) 2039.127446 2103.587817 2294.797978 2652.754686 2713.165058 2868.929416

GDP deflator (base year varies by

country) 118.4 121.1 125.1 129.8 135.7 139.6
GDP per capita (current US$) 1573.9 1605.6 1732.6 1981.7 2005.9 2099.6
Inflation, GDP deflator (annual %) 3.3 2.3 3.2 3.8 4.6 2.9
Consumer price index (2010 = 100) 140.4 148.6 155.9 159.8 167.6 180.4
Wholesale price index (2010 = 100) 128.0 123.0 122.9 127.2 132.6 135.1
 Conclusion
In Coming years India must be guided by a vision of moving forward in a manner that would ensure a broad-
based improvement in the living standards of all the people through a growth process which is faster than in the
past, more inclusive, and also more environmentally sustainable. The Major Focus should be on :-

• A growth rate of 8 Percent.

• Focus on the agricultural sector.
• For the growth of GDP, ensure that the commercial energy supplies grow at a rate of 6.5-7 percent per year.
• Develop a holistic water management policy.
• Suggest new legislation for the acquisition of land.
• Continue focus on health, education, and skill development.
• Large investments in the development of the infrastructure sector.
• Emphasis on the process of fiscal correction.
• Efficient use of available resources.