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    The economic development in India followedsocialist-inspired policies for most of its independent

    history, including state-ownership of many sectors; extensive regulation andred tapeknown as "Licence

    Raj"; and isolation from the world economy. India's per capita income increased at only around1%annualized ratein the three decades after Independence.[1]Since the mid-1980s, India has slowly opened

    up its markets througheconomic liberalization. After more fundamental reforms since 1991 and their

    renewal in the 2000s, India has progressed towards afree market economy.[1]

    In the late 2000s, India's growth reached 7.5%, which will double the average income in a

    decade.[1]Analysts[who?] say that if India pushed more fundamental market reforms, it could sustain the

    rate and even reach the government's 2011 target of 10%.[1]States have large responsibilities over their

    economies.Maharashtrahas proved all time hit contributor to boost up the economic rise since

    independence. The annualized 19992008 growth rates forTamil

    Nadu(9.8),Gujarat(9.6%),Haryana(9.1%), orDelhi(8.9%) were significantly higher than

    forBihar(5.1%),Uttar Pradesh(4.4%), orMadhya Pradesh(6.5%).[2]India is thetenth-largesteconomy in

    the world and thethird largestby purchasing power parity adjusted exchange rates (PPP). On per capita

    basis, it ranks140thin the world or129thby PPP.

    The economic growth has been driven by the expansion of services that have been growing consistently

    faster than other sectors. It is argued that the pattern of Indian development has been a specific one and

    that the country may be able to skip the intermediate industrialization-led phase in the transformation of

    its economic structure. Serious concerns have been raised about the jobless nature of the economic

    growth.[3]

    Favourable macroeconomic performance has been a necessary but not sufficient condition for the

    significant reduction of poverty among the Indian population. The rate of poverty decline has not been

    higher in the post-reform period (since 1991). The improvements in some other non-economic

    dimensions of social development have been even less favourable. The most pronounced example is an

    exceptionally high and persistent level of child malnutrition (46% in 20056).[4]

    The progress of economic reforms in India is followed closely. TheWorld Banksuggests that the most

    important priorities are public sector reform, infrastructure, agricultural and rural development, removal of

    labor regulations, reforms in lagging states, and HIV/AIDS.[5]For 2012, India ranked 132nd inEase of

    Doing Business Index, which is setback as compared with China 91st and Brazil 126th. According

    toIndex of Economic FreedomWorld Ranking an annual survey on economic freedom of the nations,

    India ranks 123rd as compared with China and Russia which ranks 138th and 144th respectively in 2012.

    END

    http://en.wikipedia.org/wiki/Socialisthttp://en.wikipedia.org/wiki/Socialisthttp://en.wikipedia.org/wiki/Socialisthttp://en.wikipedia.org/wiki/Red_tapehttp://en.wikipedia.org/wiki/Red_tapehttp://en.wikipedia.org/wiki/Red_tapehttp://en.wikipedia.org/wiki/Licence_Rajhttp://en.wikipedia.org/wiki/Licence_Rajhttp://en.wikipedia.org/wiki/Licence_Rajhttp://en.wikipedia.org/wiki/Licence_Rajhttp://en.wikipedia.org/wiki/Hindu_rate_of_growthhttp://en.wikipedia.org/wiki/Hindu_rate_of_growthhttp://en.wikipedia.org/wiki/Hindu_rate_of_growthhttp://en.wikipedia.org/wiki/Hindu_rate_of_growthhttp://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Economic_reforms_in_Indiahttp://en.wikipedia.org/wiki/Economic_reforms_in_Indiahttp://en.wikipedia.org/wiki/Economic_reforms_in_Indiahttp://en.wikipedia.org/wiki/Free_market_economyhttp://en.wikipedia.org/wiki/Free_market_economyhttp://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Wikipedia:Avoid_weasel_wordshttp://en.wikipedia.org/wiki/Wikipedia:Avoid_weasel_wordshttp://en.wikipedia.org/wiki/Wikipedia:Avoid_weasel_wordshttp://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/Tamil_Naduhttp://en.wikipedia.org/wiki/Tamil_Naduhttp://en.wikipedia.org/wiki/Tamil_Naduhttp://en.wikipedia.org/wiki/Tamil_Naduhttp://en.wikipedia.org/wiki/Gujarathttp://en.wikipedia.org/wiki/Gujarathttp://en.wikipedia.org/wiki/Gujarathttp://en.wikipedia.org/wiki/Haryanahttp://en.wikipedia.org/wiki/Haryanahttp://en.wikipedia.org/wiki/Haryanahttp://en.wikipedia.org/wiki/Delhihttp://en.wikipedia.org/wiki/Delhihttp://en.wikipedia.org/wiki/Delhihttp://en.wikipedia.org/wiki/Biharhttp://en.wikipedia.org/wiki/Biharhttp://en.wikipedia.org/wiki/Biharhttp://en.wikipedia.org/wiki/Uttar_Pradeshhttp://en.wikipedia.org/wiki/Uttar_Pradeshhttp://en.wikipedia.org/wiki/Uttar_Pradeshhttp://en.wikipedia.org/wiki/Madhya_Pradeshhttp://en.wikipedia.org/wiki/Madhya_Pradeshhttp://en.wikipedia.org/wiki/Madhya_Pradeshhttp://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-lakshmi-2http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-lakshmi-2http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-lakshmi-2http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capitahttp://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capitahttp://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capitahttp://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capitahttp://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capitahttp://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capitahttp://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-for_example_Novotny_and_Ramachandran_2010-3http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-for_example_Novotny_and_Ramachandran_2010-3http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-for_example_Novotny_and_Ramachandran_2010-3http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-Chatterjee_2007-4http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-Chatterjee_2007-4http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-Chatterjee_2007-4http://en.wikipedia.org/wiki/World_Bankhttp://en.wikipedia.org/wiki/World_Bankhttp://en.wikipedia.org/wiki/World_Bankhttp://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-5http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-5http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-5http://en.wikipedia.org/wiki/Ease_of_Doing_Business_Indexhttp://en.wikipedia.org/wiki/Ease_of_Doing_Business_Indexhttp://en.wikipedia.org/wiki/Ease_of_Doing_Business_Indexhttp://en.wikipedia.org/wiki/Ease_of_Doing_Business_Indexhttp://en.wikipedia.org/wiki/Index_of_Economic_Freedomhttp://en.wikipedia.org/wiki/Index_of_Economic_Freedomhttp://en.wikipedia.org/wiki/Index_of_Economic_Freedomhttp://en.wikipedia.org/wiki/Index_of_Economic_Freedomhttp://en.wikipedia.org/wiki/Ease_of_Doing_Business_Indexhttp://en.wikipedia.org/wiki/Ease_of_Doing_Business_Indexhttp://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-5http://en.wikipedia.org/wiki/World_Bankhttp://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-Chatterjee_2007-4http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-for_example_Novotny_and_Ramachandran_2010-3http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capitahttp://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capitahttp://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-lakshmi-2http://en.wikipedia.org/wiki/Madhya_Pradeshhttp://en.wikipedia.org/wiki/Uttar_Pradeshhttp://en.wikipedia.org/wiki/Biharhttp://en.wikipedia.org/wiki/Delhihttp://en.wikipedia.org/wiki/Haryanahttp://en.wikipedia.org/wiki/Gujarathttp://en.wikipedia.org/wiki/Tamil_Naduhttp://en.wikipedia.org/wiki/Tamil_Naduhttp://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Wikipedia:Avoid_weasel_wordshttp://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Free_market_economyhttp://en.wikipedia.org/wiki/Economic_reforms_in_Indiahttp://en.wikipedia.org/wiki/Economic_development_in_India#cite_note-oecd-1http://en.wikipedia.org/wiki/Hindu_rate_of_growthhttp://en.wikipedia.org/wiki/Hindu_rate_of_growthhttp://en.wikipedia.org/wiki/Licence_Rajhttp://en.wikipedia.org/wiki/Licence_Rajhttp://en.wikipedia.org/wiki/Red_tapehttp://en.wikipedia.org/wiki/Socialist
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    2 Self introductionct in seminar

    Instructions1.

    o 1Speak slowly. When people are nervous they tend to talk quickly and ramble on. Make aconscious effort to speak slowly and think about what you are going to say, before you say it.

    o 2Enunciate your words clearly. Rather than running them all together, take the time topronounce each word clearly. Your listening audience will appreciate it.

    o Sponsored Links

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    o 3Look at your audience as you speak. Students who are shy will look down at their feet, ortheir folded hands. Make a conscious effort to let your gaze wander around the room. Noticethat people are listening to what you are saying.

    o 4Talk to yourself in front of a full-length mirror, or videotape yourself. It is best that you see

    what the people at the seminar are going to see. Use this exercise to correct any annoyinghabits you may have, such as cracking your knuckles or jiggling your foot.

    o 5Pay attention to your body language. The way you move your body and how you position

    yourself says as much about you as your words.

    o 6Speak sincerely and with conviction. At the first seminar, you will likely be asked tointroduce yourself, so get ready to tell the other people in the seminar a bit about your

    background. Rather than trying to dazzle them -- be honest -- and you will come across as aclassmate they want to get to know better.

    Read more:How to Talk in My First Class Seminar | eHow.comhttp://www.ehow.com/how_7961265_talk-first-

    class-seminar.html#ixzz2EZKrgUvn

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    Economy of India.doc(Size: 59 KB / Downloads: 78)

    Introduction

    The economy of India is the eleventh largest economy in the world by nominal GDP and the fourth

    largest by purchasing power parity (PPP). Following strong economic reforms from the socialist insp

    economy of a post-independence Indian nation, the country began to develop a fast-paced econom

    growth, as free market activities initiated in 1990 for international competition and foreign investmen

    India is an emerging economic power with a very large pool of human and natural resources, and a

    growing large pool of skilled professionals. Economists predict that by 2020, India will be among the

    leading economies of the world.

    India was under social democratic-based policies from 1947 to 1991. The economy was characterisby extensive regulation, protectionism, public ownership, pervasive corruption and slow growth. Sin

    1991, continuing economic liberalisation has moved the country towards a market-based economy.

    revival of economic reforms and better economic policy in 2000s accelerated India's economic grow

    rate. In recent years, Indian cities have continued to liberalize business regulations. By 2008, India

    established itself as the world's second-fastest growing major economy. However, the year 2009 sa

    significant slowdown in India's GDP growth rate to 6.8% as well as the return of a large projected fis

    deficit of 6.8% of GDP which would be among the highest in the world.

    India's large service industry accounts for 55% of the country's Gross Domestic Product (GDP) whi

    the industrial and agricultural sector contribute 28% and 17% respectively. Agriculture is the

    predominant occupation in India, accounting for about 52% of employment. The service sector mak

    up a further 34%, and industrial sector around 14%. The labor force totals half a billion workers. Ma

    agricultural products include rice, wheat, oilseed, cotton, jute, tea, sugarcane, potatoes, cattle, wate

    buffalo, sheep, goats, poultry and fish. Major industries include telecommunications, textiles, chemi

    food processing, steel, transportation equipment, cement, mining, petroleum, machinery, informatio

    technology enabled services and software.

    India's per capita income (nominal) is $1,030, ranked 139th in the world, while its per capita (PPP) o

    US$2,940 is ranked 128th. Previously a closed economy, India's trade has grown fast. India current

    accounts for 1.5% of World trade as of 2007 according to the WTO. According to the World Trade

    Statistics of the WTO in 2006, India's total merchandise trade (counting exports and imports) was

    valued at $294 billion in 2006 and India's services trade inclusive of export and import was $143 bil

    Thus, India's global economic engagement in 2006 covering both merchandise and services trade w

    of the order of $437 billion, up by a record 72% from a level of $253 billion in 2004. India's trade has

    reached a still relatively moderate share 24% of GDP in 2006, up from 6% in 1985.

    Reference: http://SEMINARPROJECT.COM

    http://seminarprojects.com/attachment.php?aid=5913http://seminarprojects.com/attachment.php?aid=5913http://seminarprojects.com/attachment.php?aid=5913
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    Reason of this movement:

    when more Indian products are bought the

    more taxes will reach the government and the

    per capital Income of every Indian raises by a

    notable mark by a short span of time. Let us

    make the INDIA richer by buying INDIAN

    products.

    5

    Corruption, lack of responsibility and answerability, irrational self-serving bureaucrats and inequality in

    money, education:

    Corruption is rampant, and is an accepted practice. I personally abstain from using any service that

    requires me to bribe someone.

    Persons in important positions are not responsible for their actions, and are not answerable toanyone. The main reason is that we get to vote only once in five years, and in those five years there

    is no way of keeping a check on actions that they do. There is the RTI Act of course, but you can

    hardly expect to use it to track every instance of power abuse - there are simply too many.

    Inequality in money must be quite visible to everyone. You get to see it everyday on the streets or

    elsewhere. We have the biggest slums and the most expensive residence.

    School curricula (in my home state) is diluted by the government to have a lowest common

    denominator among all students. The emphasis is on making sure kids score marks, not on their

    learning. It is no big deal to score 90% down here, whereas in many states getting 70% is a tough

    ask. Also the quality of teachers in many schools is questionable.

  • 7/30/2019 Ward Econy

    5/5

    Sachin retired

    EnD of An Era

    Sachin Tendulkar

    Born: April 24, 1973 (age 39),

    Mumbai

    Height: 1.65 m

    Full name: Sachin Ramesh Tendulkar

    Spouse: Anjali Tendulkar

    Salary: 2.1 million USD (2012)

    Awards: Arjuna award, Rajiv Gandhi

    Khel Ratna, Padma Vibhushan,

    Wisden Cricketers of the Year,

    Maharashtra Bhushan Award,

    Wisden Leading Cricketer in the

    World, Wisden India Outstanding

    Achievement Award, World Test XI,

    ICC World ODI XI, Castrol Indian

    Cricketer of the Year, Outstanding

    Achievement in Sport, BCCI

    Cricketer of the Year, LG People's

    Choice Award, People's Choice

    Award

    Miss U GOD...:'(:'(:'(