why india lies back in economy?

Answer 1

Darling i dont know what you mean but India is the world's 4th largest economy read this.Brush up your GK buddy
,000 year old ancient 5,000 year old ancient civilization
325 languages spoken – 1,652 dialects
18 official languages
29 states, 5 union territories
3.28 million sq. kilometers - Area
7,516 kilometers - Coastline
1.3 Billion population.
5600 dailies, 15000 weeklies and 20000 periodicals in
21 languages with a combined circulation of 142 million.
GDP $576 Billion. (GDP rate 8%)
Parliamentary form of Government
Worlds largest democracy.
Worlds 4th largest economy.
World-class recognition in IT, bio-technology and
space.
Largest English speaking nation in the world.
3rd largest standing army force, over 1.5Million strong.
2nd largest pool of scientists and engineers in the
World.
Top 5 American employers in India:
General Electric: : 17,800 employees
Hewlett-Packard : 11,000 employees
IBM : 6,000 employees
American Express : 4,000 employees
Dell : 3,800 employees
General Electric (GE) with $80 Million invested in India employs 16,000 staff, 1,600 R&D staff
who are qualified with PhD’s and Master’s degrees.
The number of patents filed in USA by the Indian entities of some of the MNCs (upto September,
2002) are as follows: Texas Instruments - 225, Intel - 125, Cisco Systems - 120, IBM - 120, Phillips
- 102, GE - 95.
Staff at the offices of Intel (India) has gone up from 10 to 1,000 in 4 years,
and will reach 2000 staff by 2006.
GE's R&D centre in Bangalore is the company's largest research outfit outside
the United States. The centre also devotes 20% of its resources on 5 to 10 year
fundamental research in areas such as nanotechnology, hydrogen energy,
photonics, and advanced propulsion.
It is estimated that there are 150,000 IT professionals in Bangalore as against
120,000 in Silicon Valley.

Of the 1.5M Indians living in the USA, 1/5th of them live in the Silicon
Valley.
35% of Silicon Valley start-ups are by Indians.
Indian students are the largest in number among foreign students in USA.


"In India today,
we have a lady born a Catholic (Sonia Gandhi)
stepping aside so a Sikh (Manmohan Singh)
could be sworn in by a Muslim president (Abdul
Kalam)
to lead a nation that's 82% Hindu.
I defy anyone to cite another country with such
diversity and tolerance to its political
leadership."
Secular Tolerance

Source(s):

Statistics that show:
38% of doctors in the USA,
12% of scientists in the USA,
36% of NASA scientists,
34% of Microsoft employees,
28% of IBM employees,
17% of INTEL scientists,
13% of XEROX employees,
… are Indians.

Answer 2

You are not correct. India is the second fastest growing economy n the world with average growth rate of 7% pa. however the high growth rate is not reflected in improving life style primarily due to high growth rate of population, uneven distribnution of wealth and income, and corrution. Ginger cat has given enough of statistics to support. Ginger cat you are brilliant.

Answer 3

Because 10% of the nations wealth is hold by 90% of the population and 90% of the poulation only has 10% to work with.

Answer 4

due to people going away to foreign countries and also due to the dirt and stupid politicians