Post on 30-May-2018
8/9/2019 india a developing economy
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I n d i a, a
d e v e
l o p i n g
e c o n o m y ! !
!
M s. E v e r i l
F e r n a n d e s
M BA
S a h y a d r i
C o l l e g e
o f E n g i n e e r
i n g&
a e m e n t,
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8/9/2019 india a developing economy
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Quan ti ta ti ve:•Quan ti ta ti ve
aspec t o f the
coun tr y is measured o f
the in terms o f
Na tional income.
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1.After independence phase• Lower rate of NNP• Economic crisis in 1991-92
• New economic policy in theyear 1991• Growth of the NNP• 07-08 9.1%
• Economic crisis in 2008-09NNP Fell to 6.7%
• Global recession was the
sole reason
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2. Structural
Changes
1.Significant changes in sectoraldistribution of Domestic product
a)Agriculture dominance in the
Indian economy has declined
GDP -08-09-17.0 as against 55.1 in
1950-51
b)GDP for service sectors have
increased steadily
Workforce of the Indian economy
has not changed – which means there
is no decline.
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2. Growth of basic capital
goods industries
India is no more a backward
country nowCapital equipment
industries are contributing
to more than 50% of industrial production
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3. Development of
Infrastructure
a)Indian road
network is now one
of the largest in the
world
b)Indian
telecommunication
network is now thethird largest in the
world
Second in Asia
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4. Progress in banking and
financial sector
a) Nationalization of
Banks
b)Nationalization of RBIc) Improved financial
sector reforms
d) Increase in National andper capita income
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.Energy
.Infrastructure
.Non- Banking FinancialServices.Banking
.Real Estate
.Media/Broadcasting
.Telecommunication
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Motivated and Qualified Workforce 82%
Low Cost Work 56%
English Speaking 48%
Growing Market 38%
Democratic Society 24%
Big Population 16%
International Business 16%
Large Domestic Market 16%
Legal/Accounting 12%
Industrial 8%
India’s Advantages
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Characteristic India Rest of World
Financials 100% 64%
Executive Leaders 80% 65%
Role in Society 75% 38%
Employees 75% 42%
Quality 65% 52%
Relationship withCustomers
50% 54%
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Growth of Indian Economy
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India is a developing Economy!!!!!
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India’s great resource
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W h a t d
o u
t h i n k y o
u r
c o n c l u
d i n g
n o t e w o u l d
b e ? ? ? ?
? ? ? ?
G i v e u
r o w n
v i e w s…
…………
.
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