Presented by:-

Richa Garg

INDIAN ECONOMY

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

INTRODUCTION

The History of India economy can be broadly divided into three phase: Pre-Colonial Colonial Post Colonial

Pre- Colonial:- The economy history of India since INDUS VALLEY civilization to 1700 AD can be categorized under this phase. During this Phase Indian economy was very well developed.

Colonial:- The arrival of East India Company in India caused a huge strain to the Indian economy. During this phase Indians share of world income deceived from 22.3% to 38% in 1952

Post Colonial:- After India got independence from colonial rule in 1947, the process of rebuilding started various policies and schemes were formulated.

HISTORY

Indian Economy is bound for slower growth. In recent months, Indian government has introduced Pro business economic reforms and outlined plans to increase.

Spending on capital investment and large scale social programs.

In the first three months of 2013 the GDP growth slowed to 4.8%

RECENT INDIAN ECONOMY

SECTORS OF THE INDIAN ECONOMY

Sectors of Indian economy

Primary sector

Secondary sector

Tertiary sector

Other sector

Organized sector

Unorganized sector

Public sector

Private sector

In this the economic activity depends mainly on directly using natural resources.

PRIMARY SECTOR

Secondary Sector:- It involves manufacturing and the industrial production of physical goods.

SECONDARY SECTOR

It involves providing intangible goods like services , attention, advice, experience, and discussion.

TERTIARY SECTOR

EXTERNAL TRADE AND

INVESTMENT

What is External Trade ? Exchange of capital, goods, and services across international borders or territories.

Importance Of External Trade International trade is exchange of capital, goods, and services across international borders or territories. International trade is the backbone of our modern, commercial world, as producers in various nations try to profit from an expanded market.

EXTERNAL TRADE

INVESTMENT

Foreign direct investment (FDI) is direct investment into production in a country by a company located in another country.

Foreign direct investment is done for many reasons

India is well placed to benefit from globalization and outsourcing.

There is much scope for increases in efficiency.

Demographics of India are favorable.

Positive Growth Forecasts.

STRENGTH OF INDIAN ECONOMY

Inflation. Poor educational standard. Poor Infrastructure. Balance of payment deterioration. High level of debt Large budget deficit Rigid labor laws Slowdown in growth

PROBLEM FACED IN INDIAN ECONOMY

If these problems are solved then the future for India looks bright, India might well become one of the superpowers of the 21st Century. India country with Potentials for ‘sustaining’ development!!

Together we will make a difference.

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