India's Economic Profile
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Transcript of India's Economic Profile
- 1. India
Emily Zender and Halie Jesperson
Major Cities and Ports
New Delhi Indias capital and one of the largest and oldest cosmopolitan cities located on the Yamuna River.
Mumbai is the financial capital of India, and Bollywood resides here.
11 major sea ports exist between the 2 coasts, and 139 minor ports with 16,000 kilometers of inland waterways.
The administrative divisions consists of the national capital territory of Delhi, 28 states with their own local governments, and 6 centrally administered union territories.
Diverse landscape ranging from mountains to deserts.
Excessive climate intense heat to extreme amounts of rain.
3. Gross Domestic Product
GDP = $3.305 trillion
GDP per capita = $2,600
GDP growth= 9%
India is the fourth largest country ... in purchasing power
United States = $13 trillion (up 3.3% from 2005)
China = $10 trillion (up 10.7%)
Japan = $4.17 trillion (up 2.2%)
India = $4.16 trillion (up 9.2%)
4. Agriculture vs. Service vs. Manufacturing
Agriculture = 17.8% of GDP
Employs about 58% of the work force
Service = 16.4% of GDP
A top global player in technology
Manufacturing = 52.8% of GDP
Automobile industry is the largest division
5. India is the worlds 2nd largest country
1.15 billion people
Life expectancy = 69.25 years
Male 66.87 years
Female 71.9 years
Literacy rate = 79.9% (age 15+ read and write)
Infant mortality rate = 57/1,000 births
High infant mortality due to malnutrition
Child mortality rate = 73/1,000 births
Of the 10 million children's deaths, 2.1 million are Indians
Maternal mortality rate = 450/100,000 births
6. GDP = $14.44 trillion
GDP per capita = $47,500
GDP growth =2.1%
Agriculture = 1.2%
Service = 19.2%
Manufacturing = 79.6%
Population = 307,212,123
Life Expectancy = 78.11 years
Literacy Rate = 99%
Both male and female
Infant Mortality Rate
6.26 deaths/ 1,000 live births
UNITED STATES of AMERICA
456 million Indians (42%) live under $1/day
Third of the global poor reside in India
Rural = 28% and Urban = 26%
Access to Potable Water = 89% and Improved Sanitation = 33%
Foreign Direct Investment
2001 = $42.3 billion
2002 = $54.1 billion
2003 = $75.4 billion
2004 = $113 billion
Top FDI Companies:
1. General Motors
Major Contributing Countries:
3. United States
4. United Kingdom
American Companies = 37% of the top 20 firms operating in India.
Proctor and Gamble
Imports: $287.5 billion
China 10.6%, US 7.8%, Germany 4.4%, Singapore 4.4%
Gems, crude oil, fertilizer, chemicals and machinery
Exports: $175.7 billion
US 15%, China 8.7%, UAE 8.7%, UK 4.4%
Petroleum products, textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures
11. In 2002, India eliminated quotas on 1,420 consumer imports, and has incrementally lowered non-agricultural customs duties.
However, the tax structure is complex, with compounding effects of various taxes.
In 2006, India and China opened the Nathu La Pass to bilateral trade for the first time in 40 years.
India and China are working on improving their relationship for both of their benefits.
In 2007, the U.S. and Indias bilateral merchandise trade = $41.6 billion.
12. Political System
Indias political system is known as the Union or Central Government
This is the governing authority of 28 states and 7 union territories, collectively called the Republic of India
Chief of State: President Pratibha PATIL (since 25 July 2007)
Vice President: Hamid ANSARI (since 11 August 2007)
Prime Minister: Manmohan SINGH (since 22 May 2004)
Cabinet: The cabinet is appointed by the President based on the Prime Ministers recommendations
Elections:The President is elected every 5 years by the Electoral College, which consists of elected members of both houses of Parliament and the legislatures of the States
The last election was held in July 2007, and the next will be in July 2012
The Vice President is elected in the same manner
The Prime Minister is chosen by Parliamentary members of the majority party following legislative elections
The Prime Ministers election will occur this year
Based on English common law
Judicial review of legislative acts
Accepts compulsory ICJ jurisdiction
Separate personal law codes apply to
Muslims, Christians, and Hindus
13. Corruption is rampant in India
India is ranked 85 out of 179 countries in Transparency
It exists everywhere
Politics more than 1/5 of Parliament members faced criminal charges, and many are convicted criminals
Bureaucracy over 50% of the people have paid bribes to get a job in public office
Judiciary corruption exists primarily due to delays in the disposable cases and shortage of judges
Police Force innocent people are often tortured to obtain a confession so as to save influential or wealthy offenders
Religion sell Baptism certificates
In 2008, 40 million children attended secondary school
37% of secondary students fail and
11% dropout before the exam
Enrollment between states
92% in Kerala
44% in Tamil Nadu
22% in Bihar
4% in Jharkhand
India is recovering from being plagued with diseases
Accounted for 2/3 of the worlds leprosy burden (300,000 per yr)
1991 24/10,000 and today 1/10,000
Accounted for 1/3 of the worlds blind people
Diseases in India
16. India is climbing UP
- Unprecedented growth
17. Unlimited opportunities 18. Increased acceptance 19. Dominance of youth 20. Growth of middle class 21. Spread of connectivityand awarenesshttp://mayhem-chaos.net/photoblog/images/big_ladder.jpg
22. 23. Works Cited
Human Development Reports. 2009. UNDP. 30 Oct. 2009 .
Page, Jeremy. Indian slum population doubles in two decades.18 May 2007. Times Online. 30 Oct. 2009 .
The World Factbook. Nov 2009. Central Intelligence Agency. 9 Nov 2009 .
World Development Reports. 2009. The World Bank Group. 30 Oct. 2009 .