INDIA – A GROWING SUPERPOWER
By rahul mittal
Body of the presentation…………………..
The presentation is divided into 2 parts,1 A reference to graphs for establishment of aforementioned 2 Some great persons.
India currently has the 11th largest GDP in the world…
WDI: Constant 1995 US$ billion, 2002
230248268282347411414452477515637650716
11811237
14101552
19763979
10417
SwedenBelgium
SwitzerlandTaiwanRussia
AustraliaNetherlands
BrazilSouth Korea
IndiaMexico
SpainCanada
ItalyChina
FranceUnited Kingdom
GermanyJapan
United States
South KoreaIndia
SpainCanada
Italy
FranceUnited Kingdom
Back To Article Section…..
Can India be a Super-Power ?
India has the fourth largest army in the world and is among the seven or eight countries which have confirmed capacities in nuclear technology, space technology etc. Of late, India has also begun to commercialise indigenously developed satellites, defence equipments and peaceful nuclear products and technologies,
which is a distinct imitation of superpower syndrome.
But, what is India's most significant achievement ? It may well be the triumph of multiculturalism. India with its unbelievable 4,635 communities and 325 languages has not only happily survived but continues to derive immense pride from the fact of this wonderful diversity enriching its culture. This civilisational ethos has been an immeasurable asset for our country. Factors Against India The factors which can prevent us from becoming an important power are :
(a) ineffective population control programmes; (b) high levels of illiteracy; (c) poor quality of national politics; (d) our economy, despite reforms, is not
efficient or productive, and does not ensure distributive justice for our vast population; (e) lack of scientific temper; (f) we still do not produce nuclear submarines, aircraft carriers etc. (g) we still have to plan a pattern of strategic equations with other power centers of the World. We have to resolve our problems with our neighbours, only then we can move effectively on to the international stage.
Projecting GDP using historical growth rates, India would be the 6th largest economy in 2050
WDI: Constant 1995 US$ billion
339
2598
3111
3960
4974
6458
7307
8662
16706
19233
37781
96178
Russia
BrazilItaly
United Kingdom
France
Germany
India
Taiwan
South Korea
Japan
United States
China
Under GS assumptions, India would be the world’s 3rd largest trader in 2050
Goldman Sachs & WDI: Constant 1995 US$ billion, projected at historical Trade-to-GDP ratios
948
1013
1238
1421
2021
2054
3018
5575
6969
13842
0 2000 4000 6000 8000 10000 12000 14000 16000
Italy
Brazil
Japan
France
Germany
UK
Russia
India
US
China
India has been one of the fastest growing economies in the world over the last 20 years
Annual average growth rates of 10 fastest growing economies over 1980-2002 excl. small countries (pop < 10
million)
Source: WDI
5.3
5.4
5.6
6.0
6.3
6.5
6.6
6.8
9.5
5.2Pakistan
Cambodia
Indonesia
India
Thailand
Malaysia
Vietnam
Taiwan
South Korea
China
…and ranks 26th in the world by total trade in goods and services (US$ billion, 2002)…
WTO: US$ billion, 2002
115119131133151155165172193202204209215226
289293
363374377
478481
558574
615706
815850
9251356
2374
PolandSaudi Arabia
NorwayBrazilIndia
DenmarkThailandAustraliaSwedenRussian
MalaysiaIreland
SwitzerlandAustria
SingaporeTaipei, Chinese
MexicoSpain
Korea, Republic ofHong Kong, China
BelgiumCanada
NetherlandsItaly
ChinaFrance
United KingdomJapan
GermanyUnited States
“The fundamental challenge facing India is not to become an economic superpower but to become rich and eliminate poverty.”
India is already a population superpower……Any Doubts??
Reference to –
Goldman Sachs
India will be the world’s most populated country by 2050; it’s population is expected to stabilize by the year 2100 at 1.8 billion
58 59 60 82 127 146 176282
1262
1002
50 61 64 74 100 118228
420
1418
1601
0
200
400
600
800
1000
1200
1400
1600
Italy
Fran
ce
UK
Ger
man
y
Japa
n
Rus
sia
Bra
zil
US
Chi
na
Indi
a
Popu
latio
n (m
illio
ns)
2000 2050
Lately the Indian defense authority has made tremendous strides in creating a powerful arsenal of weapons..denoting the defensive prowess. Recent introductions are….
The nuclear weapons capable “Arihant” submarine
And The Much Touted long range Nuclear capable battleships……
Much like the famous Indian personalities of yesterday…today…tomorrow……Here are some legends and to be legends of India that I do have on top of my head.
Leander Paes
Shri Abdul Kalam
C.V Raman
Kapil Dev
Sachin Tendulkar
Bapu,Mahatma….Father of India
As of now, India is still far from the status of superpowerdom. At present we are considered as a regional power. We are confined largely to the South Asian region, and may be South-East Asian region. Undoubtedly, serious deficiencies have remained; fresh weaknesses have emerged; new dangers have arisen. Still, it would be wrong not to acknowledge that India has made substantial all round progress; its
achievements in the last fifty-eight years have been considerable by any historical standards, especially if we keep in view the level from which it started and 'how difficult was the terrain along which we had to tread.'
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