PRESENTATION

ON

MANAGERIAL ECONOMICS

Presented by:-

Abhishek Mishra

Akhil Agarwal

Oshi Agarwal

Srishti Saxena

Saransh

Vishwank

“WITH GREAT POWER COMES GREAT

RESPONSIBILITY”

-SPIDER MAN

“THE BIGGEST ENEMY OF HEALTH IN

THE DEVELOPING WORLD IS POVERTY

-KOFI ANNAN

SUPER POWER

ODefinition:-

O A state with a dominant positionin the international system.

O Ability to influence decisions.

O Project power on a worldwidescale to protect its interests

O One step higher than a greatpower

OCriteria:-OGrowth-oriented economy

OStable political system and good law and order

OWell developed nuclear and defence system

OMembership and influencing capacity in the powerful global bodies such as United nations, WTO, NATO and IMF

OStrong cultural presence and contributions to the world.

Super powers on Earth

O United States of

America

O Russia

O United Kingdom

O China

O France

O Japan

O Germany

Being a superpower needs-

OUnity, political unity and stability

OHigh level defence and military capability including nuclear weapons

OTrained manpower

OHigh technology

Fourth largest army in the world One of the eight countries with nuclear

technology and space technology Globally recognized for being a leader in the

filed of information technology A strong and stable democratic system, with

division of power and duties between centraland state governments

Membership of bodies such as SAARC andWTO

Eleventh largest economy of the world by GDP- USD 1.3 trillion

Fourth largest economy by purchasing power parity(PPP) – USD 3.8 trillion

Growth rate of approx. 8.9% pa; one of the fastest growing nations in the world

Service industry accounting for more than 57% of the country’s GDP followed by industry and agriculture at 28% and 15% respectively

65% of the Indian population is below 35 years of age, contributing to a massive work force

Has fifth largest forex reserves amongst developing economies

Largest number of trained scientists in the world

25% of the total population below poverty line

Illiteracy

Corruption

Poor quality of national politics

Ineffective population control programme

No production of nuclear submarines

Poor infrastructure relating to health and sanitation,

education and housing

Uneven and inequitable distribution of wealth

Barriers to becoming a superpower

SUPERPOWERS VS. POVERTY

41% of India’s population lives on less

than $2 a day-

World bank

Poverty – A bane to nation

The World bank organization defines poverty

as-

If his or her income level falls below some

minimum level necessary to meet basic needs

Necessity to satisfy basic needs varies across

time and societies

Poverty lines vary in time and place, and each

country uses lines which are appropriate to its

level of development, societal norms and

values

33% of global poor now resides in India

2nd most populous country in the world,

with over 1.18 billion people; expected to

surpass china by 2025

41% of the population of India lives under

the global poverty line of USD 1.25 a day

(as per world bank)

High inflation rate of around 8-10%

affecting essential commodities such as

food products causing a decline in

purchasing power

Highly uneven economic growth across

different states such as Bihar,

Chhattisgarh, Orissa and Jharkhand facing

acute poverty ; levels

Rich vs. Poor

• A great portion of India’s population is a victim

of rising monetary deficits

• The top 10% of India’s population enjoys 31.1%

of the country’s income

• The lowest 10% suffers with merely 3.6%

Poverty estimates for India

CAUSES OF POVERTY IN INDIA

• High population growth rate

• Unequal distribution of income

• Caste system in our country

• Unemployment

• British era

• Wrong liberalization policy

Steps to abate Poverty

Proper distribution of wealth

Increase stress on education

Reservation of seats in government jobs

More poverty reduction programmes

Empowerment of women and economically weaker sections of the society

Development planning

Conclusion

The indicators are showing positive signs

India has to go a long way to become a superpower

Fresh weakness will emerge

Wrong to say that our country has not made a substantial

all round progress

Serious issues like growing poverty can impact the overall

development of the next superpowers