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1. India A growing economy
2. India: rising GDP growth % average annual GDP growth
1900 1950 1.0
1950 1980 3.5
1980 2002 6.0
2002 2006 8.0
What do these figures tell you about the Indian economy?
3. Population growth % average annual growth
1901 1950 1.0
1951 1980 2.2
1981 1990 2.1
1991 2000 1.8
2001 2010 1.5
What do these figures tell you about population growth in India?
4. %
1950 17
1990 52
2000 65
2010 (projected) 80
What do these figures tell you about changes to education in India? Adult literacy rates
5. % of population Million People
1980 8 65
2000 22 220
2010 (projected) 32 368
What do these figures tell you about the service sector economic growth in India? People categorised as middle class
6. Estimates of those in poverty
1980 46%
2000 26%
2010 (projected) 16%
1% of the people have been crossing poverty line each year for 20 years. Equals 200 million people.
What do these figures tell you about anti-poverty strategies in India? Poverty statistics
7. Productivity is rising
30% to 40% of GDP growth is due to
rising productivity
8. India is now the 4th largest economy
It will overtake Japan between 2012 and 2014 to become the 3rd largest world economy
9. DRIVERS OF GROWTH India East and S.E. Asia
Domestic Exports
Services Manufacturing
Consumption Investment
High tech, capital Low tech, labour
intensive industry intensive industry
10. What is the implication of the Indian model? Has India skipped the industrial revolution?
How does India take its people from farms to cities?
11. Rise of globally competitive
Indian companies:
Reliance, Jet Airways, Infosys, Wipro,
Ranbaxy, Bharat Forge, Tata Motors,
TCS, Bharati, ICICI and HDFC Banks
14. By 2010 India will have worlds largest number of English speakersWhen 300 million Indians speak a word in a certain way, that will be the way to speak it. -Prof. David Crystal, Cambridge Encyclopedia of the English Language