Welcome to Scribd. Sign in or start your free trial to enjoy unlimited e-books, audiobooks & documents.Find out more
Download
Standard view
Full view
of .
Look up keyword
Like this
2Activity
0 of .
Results for:
No results containing your search query
P. 1
Indian Economy Overview

Indian Economy Overview

Ratings: (0)|Views: 18|Likes:
Published by Abbas Ansari

More info:

Categories:Types, Business/Law
Published by: Abbas Ansari on Mar 16, 2010
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PPT, PDF, TXT or read online from Scribd
See more
See less

10/23/2012

pdf

text

original

 
Indian Economy: An overview -08
 
2
S
ome General Facts
India is the world¶s second most populous country of over 1 billionpeople.
Urban population 28% of total. (China 39%)
More than half of its population is 25 years of age. µDemographicdividend¶.
Measured in USD exchange rate terms, 12
th
largest in the world, with aGDP of $1 trillion (2008)
PCI $4542 at PPP and $1089 in nominal terms (2007)
National savings (24% of GDP) almost half that of China¶s 45% .
World Bank classifies India as a low income economy
 
3
Labour force participation rate 71% in
2
00
3.
(China 87%)Rural workers constitute about 60% of the workforce
.
Urban informal sector ±the growing sector ±represents the residual
.
Unemployment rate is 7
.3
%
.
Organized sector employs 7% of workforce (two thirds of which arein public sector), and produces 40% of GDP
.
Rest in informal sector --with predominance of µwomen
Despite a decline, poverty is a serious problem
.
 
2
7% of Indians arepoor 
.
(
2
004-5)
.
 70% of Indians(800million), lived on less than
2
0 rupees( slightly lessthan C50 cents) per day with most working in informal sector with nosocial security
.
(
2
007 Report on National Commission for Enterprisesin the unorganized sector 

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->