INTRODUCTION

NAME:KHAN MD.FAROOQUE

ADD:SHASTRI NAGAR,BAIGANWADI,GOVANDI,MUMBAI-400043

CON NO:9768873383REGISTRATION NO: WRO0549531

NAME OF IT CENTRE:THANE ITTBRANCH CODE:THANE 11/14/154

BATCH CODE:WI020PROJECT NAME:INDIAN ECONOMY

DATE:22/11/2014 SIGN:

FAROOQUE

INDIAN ECONOMY

INDIAN ECONOMY

INDE

X1 INTRODUCTION

2 HISTORY

3 SECTORS OF INDIAN ECONOMY

4 COMPONENTS OF INDIAN ECONOMY

5 STRENGTH OF INDIAN ECONOMY

6 WEAKNESS OF INDIAN ECONOMY

7 ECONOMIC REFORMS IN INDIA SINCE 1991

8 CONCLUSION

SOURCE OF INFORMATION:

1)WIKIPEDIA

2)WWW.INDIANECOMY.IN

3)business.gov.in/indian_economy/index.php

4)www.ibef.org/economy/indian-economy-overview

INDIAN ECONOMY

INTRODUCTION

INTRODUCTION

The indian economy , the third largest economy in the

world in terms of PURCHASING POWER, is going to

touch new height in coming years. According to global

investment bank by 2035 india would be 3RD largest .

Economy of the work just after US and CHINA. It will

grow to 60% of size of the US. Economy

HISTORY :-

The Histroy of india economy can be broadly divided into

three Phase:

Pre-Colonial

Colonial

Post Colonial

Pre- Colonial :- The economy histroy of india since INDUS

VALLEY civilization to 1700 AD can be categorised under

this phase. During this Phase indian economy was very well

developed. It has very good trade relation with other parts of

world. Before the advent of the East India Company each

village

Continue…..

in india was a relt sufficient entity and was

economically independent as all the economies needs

were fulfilled with in the village..

Colonial:- The arival of East India Company in

india caused a huge strain to the indian economy and

there was a two way depletion of resources- The

british would buy raw materials from india at cheaper

rates and finished foods were sold higher than normal

price in indian market. During this phase indias share

of world income declived from 38% to 22.3% in

1952.

POST COLONIAL INDIAN ECONOMY:-

After india got independence from colonial rule

in 1947, the process of rebuliding started various

policies and schemes were formulated. 1st 5 years

plan came in to implemention in 1952. there 5th

year plan started by indian government, focused on

the needs of the indian economy

SECTORS OF THE INDIAN ECONOMY

Primary Sector

Secondary Sector

Tertiary Sector

Other Sectors

•Organized Sector

•Unorganized Sector:

•Public Sector

•Private Sector

Primary Sector

The economic activity depends mainly on

exploitation of natural resources .

Agriculture and agriculture related activities,

forestry and fishing, mining, and extraction of oil

and gas.

Secondary Sector

Involves manufacturing

The industrial production of physical

goods .

Tertiary Sector

Involves providing

intangible goods like

services , attention, advice,

experience, and discussion.

Financial services,

management consultancy,

telephony and IT are good

examples of service sector.

Components of Indian economy

Textile

Retail

Tourism

banking and finance

Strengths of INDIAN ECONOMY

India is well placed to benefit

from globalization and

outsourcing.

Demographics of India are

favorable.

There is much scope for

increases in efficiency.

WEAKNESS OF Indian Economy

Inflation.

Poor educational standard.

Poor Infrastructure.

High level of debt

Large budget deficit

Rigid labour laws

Economic Reforms in India since 1991

1)Reforms in Industrial and Trade Policy

2)Industrial Policy

3)FOREIGN DIRECT INVESTMENT

4)Reforms in Agriculture

EARLIER NOW

5)INFRASTRUCTURE DEVELOPMENT

ROADWAYS

•India has second largest Road

network, in the world.

• Total length is 33 lakh kms

• Carry 65% of fright & 80%

passengers

•National highway constitute only

1.7% of roads but carries about 40%

of traffic

•Annual projected growth is 12-15%

for passenger traffic & 15-18% for

cargo traffic

EARLIER

BY 2020

RAILWAY

About 64000 km of rail

network

Connects 7083 stations

Carry 2.20 crore

passengers & 2.50 million

tones of goods everyday

About 1.5 millions of

workforce

In 1947 rail network of about 53000 km

Added only 11000 km of network in last

65 years

Modifications like-

-Gauge changing

-Electrification

-Computerization

-Double tracks

CONTINUE…….

Conclusions