Economics

32

Transcript of Economics

Page 1: Economics
Page 2: Economics
Page 3: Economics
Page 4: Economics
Page 5: Economics
Page 6: Economics
Page 7: Economics
Page 8: Economics
Page 9: Economics
Page 10: Economics
Page 11: Economics

ECONOMIC SURVEY• The Economic Survey presents a rosy picture

about the Per capita Income by representing India’s Per Capita Net National Income (factor cost at current prices) at Rs. 54527 for 2010-11.

• The Above figure of Rs. 46492 for 2009-10 was released on 31 January 2011 by the CSO. It said that the per capita income of Indians grew by 14.5 per cent to Rs 46,492 in 2009-10 from Rs 40,605 in the year-ago period.

• This new per capita income figure estimates on current market prices is over Rs 2,000 more than the previous estimate of Rs 44,345 calculated by the Central Statistical Organisation. The figure is arrived by taking in account India’s current population of 117 Crore.

• But here confusion must be avoided. The increase in per capita income is only about 6 per cent in 2009-10 if it is calculated on the prices of 2004-05 prices. If we calculate on those prices, it gives a better picture and compares the factors inflation too.

Page 12: Economics
Page 13: Economics

INCOME AND CONSUMPTION

As of 2005:85.7% of the population lives on less than $2.50 (PPP) a day, down from 92.5% in 1981. This compares with 80.5% in Sub-Saharan Africa. 75.6% of the population lives on less than $2 a day (PPP), which is around 20 rupees or $0.5 a day in nominal terms. It was down from 86.6% and compares with 73.0% in Sub-Saharan Africa. 24.3% of the population earned less than $1 (PPP, around $0.25 in nominal terms) a day in 2005, down from 42.1% in 1981. 41.6% of its population is living below the new international poverty line of $1.25 (PPP) per day, down from 59.8% in 1981. The World Bank further estimates that a third of the global poor now reside in India.

Page 14: Economics
Page 15: Economics
Page 16: Economics
Page 17: Economics
Page 18: Economics
Page 19: Economics

EducationIndia has made huge progress in terms of increasing primary education attendance rate and expanding literacy to approximately two thirds of the population. However, education is still far behind developing countries such as China. Most children never attend secondary schools. An optimistic estimate is that only one in five job-seekers in India has ever had any sort of vocational training.

EducationIndia has made huge progress in terms of increasing primary education attendance rate and expanding literacy to approximately two thirds of the population. However, education is still far behind developing countries such as China. Most children never attend secondary schools. An optimistic estimate is that only one in five job-seekers in India has ever had any sort of vocational training.

Page 20: Economics
Page 21: Economics
Page 22: Economics
Page 23: Economics
Page 24: Economics
Page 25: Economics
Page 26: Economics
Page 27: Economics
Page 28: Economics
Page 29: Economics

Rank County Average Per Capita Income

1 Teton County, Wyoming $132,728

2 New York County, New York $120,790

3 Loving County, Texas $99,593

4 Pitkin County, Colorado $93,465

5 Marin County, California $91,483

6 Fairfield County, Connecticut $81,576

7 Westchester County, New York $74,878

8 San Mateo County, California $71,753

9 Morris County, New Jersey $71,713

10 City and County of San Francisco, California $71,342

11 Somerset County, New Jersey $70,949

12 City of Alexandria, Virginia $70,632

13 Arlington County, Virginia $68,270

14 Fairfax County, City of Fairfax, and City of Falls Church, Virginia $67,909

15 Montgomery County, Maryland $67,525

16 Bergen County, New Jersey $67,125

17 Hunterdon County, New Jersey $66,449

18 Sully County, South Dakota $64,352

19 Blaine County, Idaho $64,207

20 Collier County, Florida $63,276

Page 30: Economics
Page 31: Economics
Page 32: Economics