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2006-08-20 20:08:13 · 8 answers · asked by Anonymous in Entertainment & Music Music

8 answers

I don't know know how economy is related to music.

India is the third largest economy in the world (According to the Reserve Bank of India, approved by the World bank). though this is true, these numbers deal with the overall income and money exchange throughout the country. Divide this by the total population and the numbers related to per capita (like per capita income, purchasing power etc) are not very exciting.

the national stock exchange (SENSEX) is breaking its old records of rise every third day.

the bottomline is india is climbing up the progressive curve of iconomy, very fast

2006-08-20 20:20:28 · answer #1 · answered by stroha 2 · 0 0

Indian economy is growing & is 8.1 % i.e. 2nd highest in world next to china. But it is long way to go before India become a developed country. Also attitude of Indial public has to change.

2006-08-20 20:35:22 · answer #2 · answered by narendra k 3 · 0 0

Short version is that it is growing and developing several industries, especially high tech, however the amount of poverty can not be overstated. Despite excellent moves in development, it will require a significant amount of structural reform and decades of substancial growth to become a developed nation.

2006-08-20 20:17:53 · answer #3 · answered by GreenManorite 3 · 0 0

The Economic Survey 2005-06 tabled today in Parliament projects a growth rate of 8.1 per cent in 2005-06 and calls for deepening of the Reform process in regard to taxation, industrial and labour policies and stresses the need for fiscal consolidation and "rapid and bold policy response" in the hydrocarbon sector.

The highlights of the survey are enlisted below:

Economy projected to grow at 8.1% in 2005-06.
Modest inflation in spite of spiralling global crude prices.
Gross domestic savings as a proportion of GDP have risen from 26.5 per cent in 2002-03 to 29.1 per cent in 2004-05.
Rapid growth in exports and imports.
Faster development of physical infrastructure.
Progress in fiscal consolidation.
Industry and services propel overall growth of the economy.
Industrial resurgence driven by manufacturing and construction sectors.
Broad-based Services sector growth.
Total food grains production projected to increase by 2.3% from 204.6 MT in 2004-05 to 209.3 MT in 2005-06.
Continued reduction in the incidence of poverty.
Pick up in investment and acceleration in growth strengthened in 2005-06.
Virtuous cycle of growth and savings likely to continue for some years to come.
Policy framework to harness the dormant talent pool of Indian work-force and entrepreneurs to position the economy on a sustained high-growth trajectory suggested.
Speedy provision of quality infrastructure through appropriate policy stimulus highlighted.
A reversal of the slowdown in the mining sector, particularly coal stressed.
Reform of the tax system favoured.


DO READ THIS PAGE


http://www.pinr.com/report.php?ac=view_report&report_id=198&language_id=1

2006-08-20 20:17:32 · answer #4 · answered by yourownlove 3 · 0 0

one of the leading economic growth economis in the world today, besides China. Our economic boom is much talked about today.
rest assured the economy is not in shambles.

2006-08-24 02:41:01 · answer #5 · answered by raseema 3 · 0 0

whats that have to do with music?

2006-08-20 21:47:01 · answer #6 · answered by yukmouth 6 · 0 0

i dont know

2006-08-24 04:43:30 · answer #7 · answered by bharathkamatam 2 · 0 0

not sure

2006-08-20 20:12:21 · answer #8 · answered by ? 6 · 0 0

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