(An Overview)
Contents
|Ser |Topic |Page No |
|1. |Introduction |2 |
|2. |Overview |2-3 |
|3. |History |3-4 |
|4. |Key Sectors – Analysis |5-8 |
|5. |External Trade and Investment |9-10 |
|6. |Reserve Bank Of India (RBI) |10 |
|7. |GNI, GDP and Growth rate |11-12 |
|8. |Conclusion |12-13 |
Economy of India
Introduction
1. The economy of India is the tenth largest in the world by nominal GDP and the third largest by purchasing power parity (PPP). The country is one of the major G-20 economies and a member of BRICS. On per capita income basis, India ranked 140th by nominal GDP and 129th by GDP (PPP) in 2011, according to the IMF.
2. The independence-era Indian economy (from 1947 to 1991) was based on a mixed economy combining the worst features of capitalism and socialism, resulting in an inward-looking, interventionist policies and import-substituting economy that failed to take advantage of the post-war expansion of trade.[14] This model contributed to