INDIAN ECONOMY

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ECO (SV) 17 slides)

(Slides to read along with class notes)

DRIVERS OF GROWTH- INDIAN ECONOMY

Household
Sector

Private
Sector

Govt.
Sector

Savings

Investment

Private
Sector

Public
Sector

ICOR

Net foreign
inflows

Output(GDP)

EXPENDITURE ON FOOD TO TOTAL INCOME

Avg growth
3.5%

GROWTH & DEVELOPMENT

GROWTH

Trickle
down
Theory

ECONOMIC
DEVELOPMENT

HUMAN
DEVELOPMENT

DRIVERS OF GROWTH- INDIAN ECONOMY

Household
Sector (18%)

Private
Sector
(11%%)

Govt.
Sector
(1.6%)

ICOR
Investment
38% (2008)
32.3% (2014)

Savings
37% (2008)
30.6%(2014)
Private
Sector
(23.3%)

Public
Sector
(7.3%)

Net` foreign
inflows
(1.7%)

Output(GDP)

FINANCIAL SAVINGS TO GDP (%)

13

11

5
2009-10

2010-11

2011-12

2012-13

2013-14

2014-15

Avg growth
>7.0%

GROWTH & DEVELOPMENT

Agriculture
Industry
Services

GROWTH

ECONOMIC
DEVELOPMENT

HUMAN
DEVELOPMENT

Employment opportunities
Increased income of masses
Standard of living of masses
Reduction in absolute poverty

Primary healthcare
Adult literacy
Schooling & completion
Access to basic services

GROWING INCOME, REGIONAL & INTRA REGIONAL DIVIDE

SECTORAL COMPOSITION OF GDP

AGRICULTURE
& ALLIED (18%)

SERVICES
(50%)

Manufacturing(17.8%)
Construction (8.8%)
Mining
(3.0%)

INDUSTRY
Gas
(32%) Electricity,
& Water
(2.4%)

SERVICES SECTOR
Community,
Social
&Personal
Services
(10.6%)

Finance, Real Estate

& Business Services
(19.4%)

Transport (6.6%)
Trade, Hotels,
Communication
(13.4%)

SHARE IN MANUFACTURING TO GDP

S