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,



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.



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



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.



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



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



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



.Energy

.Infrastructure

.Non- Banking FinancialServices.Banking

.Real Estate

.Media/Broadcasting

.Telecommunication



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



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%



Growth of Indian Economy



India is a developing Economy!!!!!



India’s great resource



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…

…………

.

india a developing economy

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