Indian economy 2009-2010

SUB -MANAGERIAL ECONOMICS – IITOPIC-

RECOVERY OF INDIAN ECONOMY 2009-10

PRESENTED TO – AMITA MISS

BAL-BHARTI'SM.J.PANCHOLIA

COLLEGE OF COMMERCE.

ANKISH MAURYA (19)DHARMISTH PADIA (20)KISHAN PANCHAL (21)Niyati pandya(22)Anisha patel (23)KINJAL PATEL (24)

PRESENTERS

WHAT IS ECONOMY ?INDIAN ECONOMYDIFFERENT SECTOR OF THE COUNTRYMEANING AND CAUSES OF RECESSIONINDIAN ECONOMY IN 2009-10ECONOMY QUIZ COMPETITION

CONTENTS

An economy consists of the economic systems of a country or other area; the labor, capital and land resources; and the manufacturing, production, trade, distribution, and consumption of goods and services of that area.

WHAT IS ECONOMY ?

The economy of India is the eleventh largest in the world by nominal GDP and the third largest by purchasing power parity (PPP).

The country is one of the G-20 major economies and a member of BRICS.

INDIAN ECONOMY

AGRICULTURE INDUSTRY TEXTILE SERVICES AUTO MOBILE AVIATION

DIFFERENT SECTOR OF THE COUNTRY

India ranks second worldwide in farm output. Agriculture and allied sectors like forestry,

logging and fishing accounted for 15.7% of the GDP in 2009–10, employed 52.1% of the total workforce, and despite a steady decline of its share in the GDP, is still the largest economic sector and a significant piece of the overall socio-economic development of India.

AGRICULTURE

India has one of the world's fastest growing automobile industries.

Shown here is the Tata Nano, the world's cheapest car.

Industry accounts for 28% of the GDP and employ 14% of the total workforce.

In absolute terms, India is 12th in the world in terms of nominal factory output.

INDUSTRY

TEXTILE

Second largest employer in India, next to agricultureGenerates employment opportunities for approximately 33.17 million workers directly, and 54.85 million workers indirectlyPunjab generating employment for 4,00,000 jobs has suffered a 50% loss in sales

India has revenues of 10.9 billion used.30 billion used from it and total BPO.5-6% share of the total BPO industry.Employs more than 700,000 people. 35 percent of the BPO market worldwide. 13th in services output.

SERVICES

Rashmi Verma

India is the world's largest two wheeler manufacturer.

India is the world's second largest tractor manufacturer.

India has the fourth largest car market in Asia.

India has the world's largest three wheeler market.

India is fourth largest Automobile exporter in the world.

AUTOMOBILE INDUSTRY

High Aviation Turbine Fuel (ATF) pricesRising labor costsExcess capacityHuge debt burdenIntense price competitionJob losses

AVIATION

In economics, a recession is a business cycle contraction, a general slowdown in economic activity.

Macroeconomic indicators such as GDP, employment, investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise.

MEANING OF RECESSION

Currency crisisEnergy crisisWarOverproductionFinancial crisis

CAUSES OF RECESSION

Indian companies have major outsourcing deals from the US.

India's exports to the US have also grown substantially over the years.

For the first time in five years, India’s export growth has turned negative. Exports for October 2008 contracted by 15% on a year-on-year basis as over 40% of India’s export market had been slowing for months.

INDIAN ECONOMY IN 2009-10

Agriculture, Forestry & Fishing  876,563.00

Minning Quarrying 129,671.00

Manufacturing 799,513.00

Electricity, Gas & Water Supply 80,440.00

Construction 437,768.00

Trade, Hotel, Transport & Communication

1,274,534.00

Financing, Insurance, Real Estate & Bus Service

700,943.00

Community, Social & Personal Services

690,373.00

 Total Annual GDP 4,989,804.00

Composition of India’s GDP by Sector.Amount in Corers of Indian Rupees (10 Million)

Details 2008 2009 2010 2011 2012

(Figures in per cent)

Real GDP Growth

5.1 7.7 9.1 8.2 8.5

Inflation 7.2 3.7 11.3 5.8 5.1

Consumer Price Index 9.1 12.4 9.1 5.8 5.2

Wholesale Price Index 8.0 3.6 8.1 5.7 5.5

Short-Term Interest Rate* 9.6 4.9 6.7 7.6 7.6

Long-Term Interest Rate** 7.6 7.3 7.8 7.9 7.9

Fiscal Balance (per cent of GDP)^

-8.5 -9.6 -8.3 -7.4 -6.7

Current Account Balance (per cent of GDP)

-2.4 -2.8 -3.2 -3.0 -2.9

Note:

*Mumbai Three Month Offer Rate

**10 Year Government Bond

^Gross fiscal Balance for central and State Government.

CPI for Industrial WorkersRashmi Verma

ECONOMY QUIZ COMPETITION

Which is included in Capital budget ?

(A) Income received from public borrowings

(B) Income received from tax-sources

(C) Income received from non-tax sources

(D) All of the above

Where is Indian Diamond Institute (IDI) established ?

(A) New Delhi

(B) Mumbai

(C) Surat

(D) Jaipur

Process of economic development means—

(A) Economic change

(B) Social change

(C) Ethical, institutional and cultural change

(D) All of the above

What is the main characteristic of a capitalist or free market economy ?

(A) Individuals are the owners of factors of production

(B) Profit is the main motive of carrying out various activities

(C) Consumer freedom

(D) All of the above

Which of the following is not a direct tax ?

(A) Income tax

(B) Property tax

(C) Sales tax

(D) House tax

Which government income is included in revenue budget ?

(A) Tax-revenue

(B) Non-tax-revenue

(C) Both of above

(D) None of the above

http://en.wikipedia.org/wiki/Economy_of_India

http://www.google.co.in/search?q=sector+in+india&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a

http://www.youtube.com/results?search_query=economi+of+india&oq=economi+of+india&gs_l=youtube.12...506.8181.0.11812.13.12.0.0.0.0.1059.3581.1j4j2j4j7-1.12.0...0.0...1ac.y5qqCBm_6x4

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