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Competitive Challenge In Indian Economy
Yuefei WuKeaton Grein
Yisi Liu
OverviewCountry Profile
Brief Background
Competitive Challenge
facing India
Higher Education
Gap
Population Constraints
Indian Policies to prosper growth
Concluding thoughts
Country Profile Some Facts of India
Nominal GDP ranked 10th
PPP ranked 3rd Member of G-20
major economies and BRICS
19th largest exporter10th largest importerEconomic growth
rate was 6.5%
Country Profile The rise of India
Source: data from MOSPI http://en.wikipedia.org/wiki/File:India_GDP_without_labels.PNG
SynopsisHow India has emerged
Bilateral Trade Agreements (Trade Relations)Indian Ambassador CarShift from labor intensive industries to capital
intensive (K/L = 1 or > 1)
Did you know?India is the largest democracy in the world
Higher Education Gap
Source: Seventh All India School Education Survey
Higher Education Gap
572,814
193,94763,576 22,84778,250 51,375 27,165 21,022
Number of Schools in India
Rural Area Urban Area
Source: Seventh All India School Education Survey
Global OverviewAge participation rates grown from 19% in
2000 to 26% in 2007150.6 million tertiary students globally in
2007, 53% increase over 2000From 5% in 2000 to 7% in 2007 in low
income countriesAPRs in India has increased by 65%
Access to Higher Education
Source: http://www.col.org/resources/speeches/2012presentations/Pages/2012-08-30b.aspx
Competitive Challenge: Population Constraints
Population: 1.21 billion 1.312%
GDP per capita Comparison within India
Competitive Challenge: Population Constraints
Slum population: 62% in Bombay
Unemployment: high unemployment rate slows down urbanization process
Competitive Challenge:Indian Policies to prosper growth
“Developing countries vary so much in population, area, resources, GNP, income distribution, etc. that only relatively vacuous
generalizations can apply to the whole group” Source: ALI, H. T., VERMA, A., JAYESH, H. H., PARKINSON, J., SHARMA, P., RAJA, A., & ... SANCHEZ*, A. (2012).
India. International Lawyer, 46(1), 553-563.
Polices in EffectMonopolies and Restrictive Trade Practices Act, 1969
(i) that the ownership and control of material resources of the community are so distributed as to best serve the common good
(ii) that the operation of the economic system does not result in the concentration of wealth and means of production to the common detriment.
The Special Economic Zones Act, 2005The pillars to achieving self sustainability (Internal
reliance)provide for the establishment, development and
management of the Special Economic Zones
Conclusion
VS
Presentation CitationsWorld Wide Web CIA, The world factbook—India.
https://www.cia.gov/library/publications/the-world-factbook/geos/in.html
Google Public Data India Embassy Websitehttp://commerce.nic.in/aboutus/actspdfs/SEZ%20Act,%202005.pdf
Peer Review Article ALI, H. T., VERMA, A., JAYESH, H. H., PARKINSON,
J., SHARMA, P., RAJA, A., & ... SANCHEZ*, A. (2012). India. International Lawyer, 46(1), 553-563.