English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

see can any one write sumthing on the topic "india shining by 2030 by develpoment of human resource"

2006-10-15 01:27:02 · 3 answers · asked by suhani 1 in Education & Reference Primary & Secondary Education

3 answers

The economy of India is the fourth largest in the world as measured by purchasing power parity (PPP), with a GDP of US $3.63 trillion. When measured in USD exchange-rate terms, it is the twelfth largest in the world, with a GDP of $785.47 billion or Rs 35,34,615 crore in 2005, as calculated by the World Bank.[6] India is the second fastest growing major economy in the world, with a GDP growth rate of 9.3%, and annual Industrial production change of 12.4%, as of the first quarter of 2006. Wealth distribution in India, a developing country, is fairly uneven, with the top 10% of income groups earning 33% of all income.[7] India's per capita income (PPP) of US$ 3,400 [8] is ranked 122nd in the world. It is calculated by the IMF that by 2007, the Indian economy will be ranked 3rd measured by PPP, See : List of countries by GDP estimates for 2007 (PPP)

For most of its democratic history, India adhered to a quasi-socialist approach, with strict government control over private sector participation, foreign trade, and foreign direct investment. Starting from 1991, India has gradually opened up its markets through economic reforms by reducing government controls on foreign trade and investment. Privatisation of public-owned industries and some sectors to private and foreign players has continued amid political debate.

India has a labour force of 496.4 million of which 60% is employed in agriculture or agriculture-related industries which contributes to only about 22% of the GDP, 17% in mainstream industry and 23% in service industries. India's agricultural produce includes rice, wheat, oilseed, cotton, jute, tea, sugarcane, potatoes. Major industries include textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum and machinery.[8]

India's large English speaking middle-class has contributed to the country's growth in Business Process Outsourcing (BPO). It is becoming a major base for US tech companies for future targeted research & development, including the likes of Google, IBM, and Microsoft. All this has helped the services sector to increase its share of the economy to approximately 50%.

India is also a major exporter of financial, research and technology services. India's most important trading partners are the United States, China, UK, Singapore, Hong Kong, the United Arab Emirates, Switzerland and Belgium.[8]

- republic in the Asian subcontinent in southern Asia; second most populous country in the world; achieved independence from the United Kingdom in 1947

2006-10-15 02:08:38 · answer #1 · answered by Anonymous · 0 0

India has a huge human resources today esp. in information technology and in big business undertakings... 24 years from now, she can be considered a country that will have a full development, in human resources and other technical innovation.

2006-10-15 01:38:59 · answer #2 · answered by dodadz 4 · 0 0

Well, I think India ought to take a leaf out of China's book, and consider ways of controlling their population. Then they'd have a much better chance of shining as a successful nation.

2006-10-15 01:37:49 · answer #3 · answered by Anonymous · 0 0

fedest.com, questions and answers