Major Challenges Before Indian Economy
A Project Report
On
“CHALLENGES BEFORE INDIAN ECONOMY
AND WAYS TO OVERCOME FROM IT”
As partial fulfillment of PGDM program, 1 year
Submitted by (SUDHANSHU KAR)
IAEER’S PUNE INSTITUTE OF BUSINESS MANAGEMENT
(APPROVED BY AICTE, MINISTRY OF HRD, GOVT. OF INDIA)
PUNE
2012 -2014 ACKNOWLEDGEMENT
This REPORT has been an honest and dedicated attempt to make the analysis on marketing material as authentic as it could. And I earnestly hope that it provides useful and workable information and knowledge to any person reading it.
During this period, I had the pleasure of working closely with accomplished organization people who shared with me their experience and helped me in completion of my research.
I express my sincere thanks to my project guide Mr. Pranav Nagpurkar
Lastly I am grateful to my parents who been my mentors and motivators. I am also thankful to all my batch mates who have been directly or indirectly involved in successful completion of this project.
AN OVERVIEW OF INDIAN ECONOMY
Indian economy is the tenth largest economy in the world by nominal GDP and third largest by purchasing power. India is one of the G-20 major economies and member of BRICS. According to IMF India ranked 134th by nominal GDP on the basis of per capita income in 2012. Its GDP is about $1.824 trillion and per capita income is about $1491. Its GDP contribution by sector wise is agriculture 17.2%, industry 26.4% and services 56.4% in 2011. Its population is about 1.2 billion and labour force is 498.4 million in 2012. Labour force by occupation: agriculture 52%, industry 14% and services 34%. Unemployement rate in India is 9.9%. Its investment is about 30% of GDP. Revenue of India is $171.5 billion and expenditure over $281 billion. It has deficit budget of 5.6% of the GDP. Main industries are textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum,
On
“CHALLENGES BEFORE INDIAN ECONOMY
AND WAYS TO OVERCOME FROM IT”
As partial fulfillment of PGDM program, 1 year
Submitted by (SUDHANSHU KAR)
IAEER’S PUNE INSTITUTE OF BUSINESS MANAGEMENT
(APPROVED BY AICTE, MINISTRY OF HRD, GOVT. OF INDIA)
PUNE
2012 -2014 ACKNOWLEDGEMENT
This REPORT has been an honest and dedicated attempt to make the analysis on marketing material as authentic as it could. And I earnestly hope that it provides useful and workable information and knowledge to any person reading it.
During this period, I had the pleasure of working closely with accomplished organization people who shared with me their experience and helped me in completion of my research.
I express my sincere thanks to my project guide Mr. Pranav Nagpurkar
Lastly I am grateful to my parents who been my mentors and motivators. I am also thankful to all my batch mates who have been directly or indirectly involved in successful completion of this project.
AN OVERVIEW OF INDIAN ECONOMY
Indian economy is the tenth largest economy in the world by nominal GDP and third largest by purchasing power. India is one of the G-20 major economies and member of BRICS. According to IMF India ranked 134th by nominal GDP on the basis of per capita income in 2012. Its GDP is about $1.824 trillion and per capita income is about $1491. Its GDP contribution by sector wise is agriculture 17.2%, industry 26.4% and services 56.4% in 2011. Its population is about 1.2 billion and labour force is 498.4 million in 2012. Labour force by occupation: agriculture 52%, industry 14% and services 34%. Unemployement rate in India is 9.9%. Its investment is about 30% of GDP. Revenue of India is $171.5 billion and expenditure over $281 billion. It has deficit budget of 5.6% of the GDP. Main industries are textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum,