the economy of the republic of india

8/12/2019 The economy of the Republic of India

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Republic ofIndia


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- The seventh-largestcountry by area

- The second-most populouscountry with over 1.2 billion people

- The most populous democracy in the world

The Indian economy is the world's tenth-largest by nominal GDP and third-largest by purchasing power parity(PPP).

Following market-based economic reforms in 1991, India became one ofthe fastest-growing major economies; it is considered a newly industrialisedcountry. However, it continues to face the challengesof poverty, corruption, malnutrition, inadequate public healthcare,terrorism.

Capital: New Delhi

Largest city: Mumbai

Official languages: Hindi, English

Currency: Indian rupee 1.00 USD = 61.85 INR

General overview of Indian economy:
http://en.wikipedia.org/wiki/List_of_countries_and_outlying_territories_by_total_areahttp://en.wikipedia.org/wiki/List_of_countries_by_populationhttp://en.wikipedia.org/wiki/Demographics_of_Indiahttp://en.wikipedia.org/wiki/Demographics_of_Indiahttp://en.wikipedia.org/wiki/Demographics_of_Indiahttp://en.wikipedia.org/wiki/List_of_countries_by_populationhttp://en.wikipedia.org/wiki/List_of_countries_by_populationhttp://en.wikipedia.org/wiki/List_of_countries_by_populationhttp://en.wikipedia.org/wiki/List_of_countries_by_populationhttp://en.wikipedia.org/wiki/List_of_countries_and_outlying_territories_by_total_areahttp://en.wikipedia.org/wiki/List_of_countries_and_outlying_territories_by_total_areahttp://en.wikipedia.org/wiki/List_of_countries_and_outlying_territories_by_total_area


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India has one of the largest, most highly diversified economies in the because of its enormous population, it isin terms of income and gro

product (GNP) per capitaone of the poorest countries on Ea

Gross National Product (GNP): 88981.17 INR Billion (approx. 1449.76 BGDP (PPP): 2013 estimate

-Total: $4.962 trillion-Per capita: $3,991

GDP - COMPOSITION, BY SECTOR OF ORIGIN(%):agriculture: 17.4%

industry:17.6%services:65% (2012 est.)

Human development Index: 0.554 (Medium Human development caGDP growth rate: 3.986% (2012-2013)


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Since independence, India's balance of paymentson its current accounthas been negativliberalisation in the 1990s, precipitated by a balance of payment crisis, India's exports rose c

80.3% of its imports in 200203, up from 66.2% in 199091. India's growing oil import bill driver behind the large current account deficit.

POL= petroleum, oil and lubricants
http://en.wikipedia.org/wiki/Balance_of_paymentshttp://en.wikipedia.org/wiki/Current_accounthttp://en.wikipedia.org/wiki/Current_accounthttp://en.wikipedia.org/wiki/Balance_of_payments


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India recorded a trade deficit of 10140.30 USD Million in December of 2013. Balance of Trade in Inall time high of 258.90 USD Million in March of 1977 and a record low of -20210.90 USD Million

2012. India had been recording sustained trade deficits due to low exports base and high importsfor its energy needs.

Balance of trade:


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Inflation

The inflation rate in India was recorded at 6.16 percent in December of 2013. Inflation Rate in India ave1969 until 2013, reaching an all time high of 34.68 Percent in September of 1974 and a record low of -

1976.

In India, the wholesale price index (WPI) is the main measure of inflation. The WPI measures the price oof wholesale goods. In India, wholesale price index is divided into three groups: Primary Articles (20.1

Fuel and Power (14.9 percent) and Manufactured Products (65 percent).

Inflationin India generally occurs as a consequence of global traded commodities and the several effoBank of Indiato weaken rupeeagainst dollar.
http://en.wikipedia.org/wiki/Inflationhttp://en.wikipedia.org/wiki/Reserve_Bank_of_Indiahttp://en.wikipedia.org/wiki/Rupeehttp://en.wikipedia.org/wiki/Dollarhttp://en.wikipedia.org/wiki/Dollarhttp://en.wikipedia.org/wiki/Rupeehttp://en.wikipedia.org/wiki/Reserve_Bank_of_Indiahttp://en.wikipedia.org/wiki/Inflation


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Unemployment:

Unemploymet:3.8%(2011)

Labor force by occupation:

-agriculture: 51.1%,

-industry: 22.4%,

-services: 26.6% (2012 est.)

Average gross salary: 1410 $ (yearly)

Agricultural and allied sectors accounted for about 51% of the total workforce in 200910.Wh

has faced stagnation in growth, services have seen a steady growth. Of the total workforce, 7%organised sector, two-thirds of which are in the public sector.Unemployment is higher in urbaamong women.

Women in India are mainly employed in agriculture and caring for livestock with only about 20employed women engaging in activities outside agriculture. When employed, women earn suthan men, only about 66% of the male incomes in agriculture and 57% of the male incomes ouagriculture
http://en.wikipedia.org/wiki/Agriculturehttp://en.wikipedia.org/wiki/Industryhttp://en.wikipedia.org/wiki/Service_(economics)http://en.wikipedia.org/wiki/Service_(economics)http://en.wikipedia.org/wiki/Industryhttp://en.wikipedia.org/wiki/Agriculture


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Child labour in Indiais a complex problem that is basically rooted in poverty, coupled wigovernmental policy, which has focused on subsidising higher rather than elementary educ

benefiting the privileged rather than the poorer sections of society.The Indian government isworld's largest child labour elimination program, with primary education targeted for ~250 m

non-governmental and voluntary organisations are also involved.
http://en.wikipedia.org/wiki/Child_labour_in_Indiahttp://en.wikipedia.org/wiki/Child_labour_in_Indiahttp://en.wikipedia.org/wiki/Child_labour_in_Indiahttp://en.wikipedia.org/wiki/Child_labour_in_Indiahttp://en.wikipedia.org/wiki/Child_labour_in_Indiahttp://en.wikipedia.org/wiki/Child_labour_in_India


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IndustryIndustry accounts for 26% of GDP and employs 22% of the total workforce. India is 11th in tnominal factory output.The Indian industrial sector underwent significant changes as a resu

liberalisation in India economic reforms of 1991, which removed import restrictions, brcompetition, led to the privatisation of certain public sector industries, liberalised the FDI

infrastructure and led to an expansion in the production of fast moving consume


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Texti le IndustryTextile manufacturing is the 2nd largest source of employment after agriculture and accmanufacturing output, providing employment to over 20 million people.During the per

2008, total investment amounted to 27 billion dollars. By 2012, this figure was predicted t

and was expected to create an additional 17 million jobs. However, demand for Indian tmarkets continues to fall. Ludhiana (city) produces 90% of woollens in India and is k

Manchester of India.


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ServicesThe services sector provides employment to 27% of the work force and is growing quic

technology and business process outsourcing are among the fastest growing sectors. Thesector is attributed to increased specialisation, and an availability of a large pool of lo

skilled, educated and fluent English-speaking workers, on the supply side, matched on

by increased demand from foreign consumers interested in India's service exports, oto outsource their operations.


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Retail

Retail industry is one of the pillars of Indian economy and accounts for 1415% ofIndian retail market is estimated to be US$ 450 billion and one of the top five reta

the world by economic value. India's retailing industry essentially consists of the lopop store, owner manned general stores, convenience stores, hand cart and pavem

etc.


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AgricultureIndia ranks second worldwide in farm output. Agriculture and allied sectors likeforestry,

accounted for 17% of the GDP in 2012, employed 51% of the total workforceand itisstill sector and a significant piece of the overall socio-economic development of

India is the largest producer in the world of milk, jute and pulses, and also has the world'spopulation with 175 million animals in 2008.It is the second largest producer ofrice, whea

and groundnuts, as well as the second largest fruit and vegetable producer, accounting forworld fruit and vegetable production respectively.India is also the second largest produ

consumer of silk in the world, producing 77,000 million tons in 2005.


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Energy and PowerAs of 2009, India is the fourth largest producer of electricity and oil pro

the fourth largest importer of coal and crude-oil in the world.Coal and oaccount for 66% of the energy consumption of India

As of 2010, India importedabout 70% of its crude oilrequirements.Shown hereis an platform at Mumbai

High in the Arabian Sea,one of the few sites ofdomestic production.


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TOP 3 export partners:

1. USA2. UAE3. Singapore

INDIAs Top export items:

1. Petroleum Products2. Gems & Jewellery3. Pharmaceutical products4. Transport equipment5. Machinery and instruments6. Readymade garments


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TOP 3 Import countrie

1. China2. UAE

3. Saudi Arabia

INDIAs Top import item

1. Petroleum crude2. Gold&Silver

3. Electronic goods4. Pearls & precious sto5. Non-electrical machin

6. Organic and inorganic ch


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International and regional cooperation:

India is considered one of the leaders of the developing world along with China, Brazil, Russia and South the founding members of several internationalorganisations, most notably the United Nations, the A

Bank, G20 industrial nationsand the founder of the Non-aligned movement. India has also played an imrole in other international organisations likeEast Asia Summit, World Trade Organisation, InternaFund (IMF), and IBSA Dialogue Forum.Regionally, India is a part of SAARC (South Asian AssociatiCooperation) and BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic


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Moldova's imports from India (th.USD)

Source: stat


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India is one of the main countries from which Moldova imports pharmaceut

Main imported products (2012):

-Chemical products

-Pharmaceutical products

-Machinery and electrical equipment

-Textiles

-Mineral products

-Foodstuff, beverages, alcohol vinegar, tobacco

-Plastics


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2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

RM exports to India (th.USD)


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Main exported products (201-Machinery, electrical equipment and parts thereof, sound

recorders

-Base metals and articles of base metal

-Optical, photographic, cinematographic, surgical instrumenand watches;

-Textiles

a era agreemen s o w


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a era agreemen s o wIndia:

1. Declarate cu privire la principiile de baza idireciilede cooperare ntre Republica MolIndia.

2. Protocol de consultrintre Ministerul Afacerilor Externe al Republicii Moldova iMinis

Externe al Republicii India.

3. Acord ntre Guvernul Republicii Moldova iGuvernul Republicii India cu privire la comeeconomic.

Semnate:- la New-Delhi la 19.03.1993

4. Protocol cu privire la stabilirea relaiilordiplomatice ntre Republica Moldova iRepub

Semnat - la Moscova la 20.03.1992

n vigoare din 20.03.1992

5. Protocol cu privire la stabilirea relaiilorconsulare ntre Republica Moldova iRepublic

Semnat - la Moscova la 20.03.1992

n vigoare din 20.03.1992

n eres ng ac s a ou


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n eres ng ac s a ouIndia:

Fact 1:There is 17 major languages and 844 dialects spoken in

India.

Fact 2:India was one of the richest countries on earth until the

British invasion in the early 17th century.

Fact 3:India invented the number system and Aryabhatta was

the scientist who invented the digit zero.

Fact 4:Chess was invented in India.

Fact 5:India is the 6th largest country in the world, the largest

democracy and one of the oldest civilization.

Fact 6:India has the most number of mosquemosques which is much more than th

Fact 7:India is one of the largest exporter

software products.

Fact 8:Before 1986, India was the only plac

where Diamonds could be f

Fact 9:The biggest and the largest employe

Indian railways employing over a m

Fact 10:India has the most number of post off


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Thank you forattention

the economy of the republic of india

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