can india leave china behind in 2020
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CAN INDIA LEAVE CHINA BEHIND
BY 2020?
BY: SUMEET GOYAL MBA 1ST SEM.
WHAT’S YOUR OPINION?
“YES” OR “NO”
INDIA VS CHINA IN 2013
INDIA’S TOTAL POPULATION IS AROUND 1.24 BILLION. WITH AN INCREASING BIRTH RATE
LITERACY RATE IS AROUND 65-70% IN WHICH ALMOST 100% IS IN KERELA AND 35% IN BIHAR
NET GOVERNMENT DEBT IN INDIA NOW IS 66.39% BY IMF
INDIA IS ONE OF THE BIGGEST HUB FOR OUTSOURCING SECTORS.
CHINA
CHINA’S TOTAL POPULATION IS AROUND 1.34 BILLION.
STRONG HOLD ON THERE CURRENCY RATE.
LITERACY RATE IS ABOVE 90% NET GOVERNMENT DEBT OF CHINA IS
21.31% APPROX.
WHAT THE DATA SAYS?
CHINESE ECONOMY IS RISING
NOW WHATS YOUR OPINION AFTER THIS SIMPLE DATA?
CAN STILL INDIA LEAVE CHINA BEHIND?
ORINDIA CANNOT LEAVE
CHINA BEHIND?
HOW INDIA IS BETTER THAN CHINA..!!
AGE DISTRIBUTION IN INDIA. MORE YOUNG POPULATION AT 2020.
FREE MARKET ORIENTATION. INDIA’S CURRENCY MARKET IS MORE
OPEN THAN CHINA. INDIA HAS THE ENGLISH
LANGUAGE,FREE PRESS AND THE LEGAL SYSTEM INHERITED FROM THE UK
OUTSOURCING AND SERVICE SECTOR IS BETTER.
INDIAN SECTORS CLASSIFICATION TILL 2010
ACCORDING TO AN ECONOMIC TIMES WRITER
1. India will overtake China as the fastest-growing economy in the world.
2. India will become the largest English-speaking nation in the world.
3. By 2020, Indian companies will be major exporters of nuclear equipment
4. India, along with the US and Canada, will develop new technology to extract natural gas from gas hydrates.
5. India will also discover enormous deposits of shale gas in its vast shale.
6. More and more regions of India will demand separate statehood. By 2020, India will have 50 states instead of the current 28.
YES THIS CAN HAPPEN… BUT…
THERE ARE SOME PROBLEMS FACED
BY BOTH THE COUNTRIES WHICH
ARE…
PROBLEMS OF CHINESE ECONOMIC GROWTH…
POLLUTION SHORTAGE OF POWER GROWING INCOME INEQUALITY PROPERTY BOOM INEFFICIENT BANKING SECTOR UNEMPLOYMENT OVERHEATING ECONOMY HUGE BALANCE OF PAYMENT SURPLUS
PROBLEMS OF INDIAN ECONOMY…
POOR EDUCATIONAL STANDARDS POOR INFRASTRUCTURE BALANCE OF PAYMENTS HIGH LEVEL OF DEBTS INEQUALITY RIGID LABOUR LAWS MORE IMPORTS THAN EXPORTS
AND THE BIGGEST PROBLEM IS…..
CORRUPTION..!!
CAN WE REALLY MAKE IT HAPPEN??
ITS JUST AN ASSUMPTION THAT WE CAN….
BUT IT COULD HAPPEN IF WE USE THE POLICY OF
“STANDING UP AND TAKE THE RISK NOT TO SIT DOWN AND
WATCH…..”
REFRENCES
Business insider/why India is better than china
Slideshare.com Facebook.com/101 reasons why India is
the best Business and strategy/India to overtake
china IDC top 10 predictions www.hktdc.com Wikipedia/India vs China
THANK YOU