India 2014
India 2014: The Challenges of Governance
In January 2012, the government of India faced significant challenges to achieving three key objectives of high growth, inclusive development, and improved governance. The economy was experiencing a growth slowdown, persistently high inflation, and infrastructure and energy deficits. Policy reforms were hampered by several recent corruption scandals, widespread citizen protests against corruption, and disagreements with coalition partners.
Inflation has risen to 10% by 2014. The inflation rate in India was recorded at 5.11 percent in January of 2015.
Interest rate risen from 8.75% in 2013 to 9% in 2014. The benchmark interest rate in India was last recorded at 7.50 percent in 2015.
A new landact was passes in 2013 to acquire more land and increased compensation for land owners.
Current Population of India in 2015 is estimated to be 1.27 billion. ... With the population growth rate at 1.58%, India is predicted to have more than 1.53 billion people.
Agriculture was one of the slowest growing sector. Agriculture was expected to grow by 3.4%,industry at 7.2% and services at 9.2%. Currently in 2015 agriculture sector os Setting itself the target of sustaining a 4% growth rate .Industry accounts for 26% of GDP and employs 22% of the total workforce. Services 8.5%.
The Gross Domestic Product per capita in India was last recorded at 1165 US dollars in 2013.
Currently india has BJP government in majority as central government. Morever coalition government is not preferred as Coalition government is unstable in nature.
A new state formed is Telangana, from the existing state of Andhra Pradesh in SouthIndia. The proposed new state corresponds to the Telugu-speaking portions of the erstwhile princely state of Hyderabad State.
NREGA scheme was introduced Act offering to guarantee hundred days of wage-employment in a year to a rural household. The sharp fall in GDP growth rates from 2011 to now has impacted rural wages despite the
In January 2012, the government of India faced significant challenges to achieving three key objectives of high growth, inclusive development, and improved governance. The economy was experiencing a growth slowdown, persistently high inflation, and infrastructure and energy deficits. Policy reforms were hampered by several recent corruption scandals, widespread citizen protests against corruption, and disagreements with coalition partners.
Inflation has risen to 10% by 2014. The inflation rate in India was recorded at 5.11 percent in January of 2015.
Interest rate risen from 8.75% in 2013 to 9% in 2014. The benchmark interest rate in India was last recorded at 7.50 percent in 2015.
A new landact was passes in 2013 to acquire more land and increased compensation for land owners.
Current Population of India in 2015 is estimated to be 1.27 billion. ... With the population growth rate at 1.58%, India is predicted to have more than 1.53 billion people.
Agriculture was one of the slowest growing sector. Agriculture was expected to grow by 3.4%,industry at 7.2% and services at 9.2%. Currently in 2015 agriculture sector os Setting itself the target of sustaining a 4% growth rate .Industry accounts for 26% of GDP and employs 22% of the total workforce. Services 8.5%.
The Gross Domestic Product per capita in India was last recorded at 1165 US dollars in 2013.
Currently india has BJP government in majority as central government. Morever coalition government is not preferred as Coalition government is unstable in nature.
A new state formed is Telangana, from the existing state of Andhra Pradesh in SouthIndia. The proposed new state corresponds to the Telugu-speaking portions of the erstwhile princely state of Hyderabad State.
NREGA scheme was introduced Act offering to guarantee hundred days of wage-employment in a year to a rural household. The sharp fall in GDP growth rates from 2011 to now has impacted rural wages despite the