INDIA’S GDP and GNP

PRESENTATION BY: PATEL NENSI

PATEL NENSI
PATEL VEDANT
Roll NO.: (28,29,30)
What is GDP?
GDP is gross domestic
product
GDP measures the
monetary value of final
goods and services that
is, those that are bought
by the final user
products in a country in
a given period of time
India’s GDP
India has emerged as
one of the fastestgrowing
economies in the world,
with a GDP growth rate
of 7.5% in 2019. This
presentation will explore
the factors that have
contributed to India's
rise and the creative
insights into its GDP and
GNP.
Creative Insights into India's GDP
India's GDP growth is
driven by factors such as
consumer spending,
government policies, and
foreign investment. The
creative insights into
India's GDP include the
rise of e-commerce, the
growth of the middle
class, and the increasing
use of technology.
The Indian Economy
India's economy is the
world's sixthlargest by
nominal GDP and the
thirdlargest by purchasing
power parity. The service
sector contributes the
most to the GDP, followed
by agriculture and
industry. India's GDP is
projected to reach $5
trillion by 2024.
What is GNP ?
GNP is Gross national product
the total value of final goods and services produced by
a country's citizens in a year, regardless of their
location.
GNP does not take into consideration the incomes
earned by the foreign nationals in the country or any
products produced by a foreign company in the
manufacturing units in the country.
The India’s GNP
India is the seventh-largest country by area; the most
populous country as of June 2023; and from the time of
its independence in 1947, the world's most populous
democracy.
GNP is calculated by adding personal consumption
expenditures, government expenditures, private
domestic investments, net exports, and all income
earned by residents in foreign countries, minus the
income earned by foreign residents within the
domestic economy.
India’s GNP
Creative Insights into India's GNP
India's GNP is driven by
factors such as exports,
remittances, and tourism.
The creative insights into
India's GNP include the
rise of the tourism
industry, the growth of
the IT sector, and the
increasing demand for
Indian goods and services
in the global market.
Thank you…