ECONOMY GOING

TOWARS RECESSION ?
PRESENETED BY
AMITABH BHATTACHARJEE
MBA(2019-21)
 CONTENTS
INDIAN ECONOMY

THE CHALLENGES

ADVANTAGE INDIA

GDP GROWTH RATE COMPARISON

Promise of a strong consumer market combined with a large working population

PILLARS OF NEW RESURGENT IN INDIA

MAJOR FDI INFLOWS

Taking MII to Global Arena - Make in India Mittelstand (MIIM)

DEVELOPING SKILL SETS FOR DEVELOPING INDIA

JAM TRINITY (Jan Dhan-Aadhaar-Mobile)

EMPHATIC INCREASE IN TAX COMPLAINCE

ENSURING UNIVERSAL BROADBAND CONNECTIVITY

REMEDIES FOR RECESSION IN ECONOMY

 INDIAN ECONOMY
• GDP per capita rank -142nd
• GDP by sector(2018-19)
Agriculture 15.8%
Industry 29.73%
Services 54.40%
• Inflation-3.05% (MAY 2019)
• Base Borrowing Rate – 6% (JULY 2019)
• GDP Growth Rate – 6.8
• India is the 7th largest economy in the world
 THE CHALLENGES
• Grow at 10% for 3 decades
• Ease of doing business
• Making India a part of global supply chain
• Developing India to a manufacturing based company
• Young India – skilling the nation & creating opportunities
• Urbanization – a unique opportunity
 ADVANTAGE INDIA
GDP Growth Rate Road network

3rdLargest
7.6% 2ndLargest
Fastest growing
size in GDP Economy in the In the world
(PPP) World (2015-16) 33 Lakh KM
$ 8.6 Trillion

Internet Population Urban Railway network

Users between Population
age group
2nd
462
15 - 64
377 Largest

Million
2nd largest
767 Million
30 people move
23 Million
people travel
everyday
in the world Million every minute to
urban areas
 GDP GROWTH RATE COMPARISON
GDP Growth Rate Comparison

India China US
India remains an increase in growth amongst
8 8.1 slowing global outlook
7.8 7.7 7.7 7.8
7.6
7.3
7.2 7.2
6.9
6.6 6.7
6.6 6.5
6 6 5.9 5.8
5.6

The trend is expected to continue atleast

till 2021

2.4 2.4 2.5

2.2 2.3
1.9
1.6 1.7 1.6
1.5

2 01 3 201 4 201 5 2 01 6 201 7 201 8 201 9 2020 2021 202 2

P P P P P P
 Promise of a strong consumer market combined with a large working
population
1800 40
1,705
37

1600 1,528 35 Income levels expected to triple by 2025

31
1400
1,311 30
27
1200 1,145
Population (million)

25
1,033
Working population to increase by 33% to

Age (years)
1000
860 20 reach 1.4 billion by 2025
800

15
600

10
400 India as a young nation with average median
age shall be 37.3 years by 2050
200 5

0 0
2015 2030 2050

Total Population Working age population

Median age of population
 PILLARS OF NEW RESURGENT INDIA
• New Processes – Ease of doing business , GST , De-monetization
• New Sectors – Major Foreign Direct Investment reforms & inflows
• New Approach – Make in India , Digital India , Skill India
• New Infrastructure – Key Infrastructure & Urbanization
• New Innovation and R &D – India- Design & Innovation , Start up India , Intellectual
Property Rights
• New Mind Set – From red tape to red carpet
 MAJOR FDI INFLOWS
Key FDI reforms cutting across the following sectors :-

Defence Food
Manufacturing Processing Telecommunication Agriculture

Private Security
Pharmaceutical Civil Aviation Space
Agencies

Railways Insurance & Pensions Medical Devices Single Brand Retail

 Taking MII to Global Arena - Make in India Mittelstand (MIIM)

Another milestone in improving the ‘Ease of Doing Business’ in India. Designed to attract
more German companies to India by making the market entry of Mittelstand companies a
Strategic Consulting
smooth process.

Merger & Acquisition Advice

Operational market entry support

Tax & Legal Support

Service
Offerings
Project Finances
Financial Services

Location Services Technology Collaboration

Facilitation of Access to government agencies

approval from
Central & State
agencies
 Developing skill-sets for developing India
Provide meaningful, industry relevant and skill based training to over
400 million people
• Number of trained Indian growing by 36.8% .
• 18 lakh candidates have been trained, 40% have been trained for Manufacturing roles .
• ITIs in the country has increased from 10,750 in MAY 2014 to over 13,105 in May 2016 .
• 8 new Regional Vocational Training Institutes (RVTIs) for women opened .
• Under "Indian Leather Development Programme" 343311 persons have been trained in 2014-16
compared to 96171 trained during 2012-14 .
 JAM TRINITY (Jan Dhan-Aadhaar-Mobile)
Using technology to leapfrog – JAM trinity

Aadhaar Mobile
Jan Dhan Unique identity to Indian market is
Integrated approach to every resident the second largest
bring financial citizen in the world
inclusion of all citizens 1 billion More than 1 billion
enrollments under mobile subscribers
Aadhaar scheme
 EMPHATIC INCREASE IN TAX
COMPLAINCE
Number of new Returns filed post demonetisation increased in the past two years by
85.51 lakh and 1.07 crores.

3.79 crores 6.85 crore

2013-14 2017-2018
 ENSURING UNIVERSAL BROADBAND CONNECTIVITY
National Digital Communication Policy 2018

Universal broadband 1 Gbps connectivity to

Universal
connectivitybroadband
at 50 Mbps connectivity atall 50
GramMbps to every
Panchayats citizens
to every citizens by 2020 & 10Gbps by
2022

Establishing
Train 1 million manpower
comprehensive data
for building new age skills
protection regime
 REMEDIES FOR RECESSION IN
ECONOMY
• Containing inflation
• Encouraging imports of high priced commodities
• Reducing taxes
• More savings & exports
• Reduction in interest rates
• Increasing FDI(Foreign Direct Investments)
• Creating business friendly atmosphere
THANK YOU