Changing economic of india

CHANGING ECONOMICENVIRONMENT

OF

INDIAA SWOT ANALYSIS

STRENGTH,WEAKNESS,OPPORTUNITY,THREATS

by,roushan raj

ECONOMIC ENVIRONMENT ANALYSED BY

PEST

POLITICAL CHANGES

• AT THE BEGINNING INDIA ADOPTED A SET OF RULES TO MAKE PROGRESS CALLED CONSTITUTION.

REVOLUTION

1990s

21st CENTURY

ECONOMIC CHANGES• INDIA’S GDP GROWN FROM 1.2 BILLON $ TO

2.1 TRILLION $.• SHARE OF GDP MAJORITY SHIFTED FROM

AGRICULTURE TO SERVICE SECTOR.

ANNUAL GROWTH RATE

INDIA’S FOREIGN EXCHANGE RESERVE GROWN TO $300 BILLON FROM MERE $2 BILLON.

IMPORTS HAS BEEN ALWAYS > THAN EXPORTS.

EXTERNAL DEBT SURGED TO $440 BILLON .

PER CAPITA INCOME INCREASED.FROM UNDER DEVELOPED TO NEWLY

INDUSTRIALIZED NATION.

INFRASTRUCTURE AND INVESTMENT

SWOT ANALYSIS OF ECONOMIC CHANGE

o INDIA’S RANKING IN GDP IS 7TH.o INDIA NOT UTILISED HIS RESOURCES

PROPERLY.o HUGE POPULATION CAN BE

TRANSFORMED INTO A HUMAN RESOURCE.

o CORRUPTION AND TERRIRISM HAS BEEN A MAJOR THREAT.

SOCIAL CHANGES

INDIA ADOPTED DEMOCRATIC-SOCIALISTIC APPROACH FOR DEVELOPMENT.

EDUCATIONLITERACY RATE INCREASED FROM 12% TO 74.04%.HEALTHAVERAGE EXPECTANCY OF INDIANS INCREASED

TO 65YEARS FROM 32 YEARS IN 1947.INFANT MORTALITY REMAINED A PROBLEM. STILL 13% BELOW POVERTY LINE.

DEMOCRACY HELPED INDIA TO MAINTAIN SUCH DIVERSE NATURE IN ALL FIELDS.

CONSTITUTION DETHRONED SOME TRADITIONAL PRACTICES LIKE CHILD MARRIAGE,INFANTICIDE,UNTOUCHABILITY.

DISCRIMINATION ON BASIS OF CASTE,CREED,RELIGION MADE AN OFFENCE.

79% HAVE ACCESS TO ELECTRICITY.

SWOT ANALYSIS FOR HEALTH

*STRENGTH:- GROWING IN PRIVATE HOSPITAL SECTOR IN PHARMACY & PARAMEDICAL.

*WEAKNESS:- LOW PER CAPITA EXPENDITURE UNTAPPED RURAL MARKET EXCESSIVE DEPENDENCY

ON IMPORT R & D SUPPORT SYSTEM NOT AVAILABLE.

*OPPURTINITIES:- 1. OVERSEAS COMPANY INVESTMENT INCEASING JOINT VENTURE &

AGGREEMENT. 2.OVERSEAS ASSISTED PROJECTS REGULATORY

IMPROVEMENTS.

*THREATS:-UNORGANISED MARKET FOR MEDICAL DISPOSABLES LACK OF REGULATION SPECIFICATIONS

SPURIOUS PRODUCTS

SWOT ANALYSIS OF EDUCATION STRENGTH :- DEMAND INDIAN STUDENT

INCREASDE,PRESENCE OF GO'S AND NGO'S HAVE PROVIDED A STRONG BASE

*WEAKNESSES:- LACK OF MARKET ORIENTATION IN DESIGNING COURSES,LITTLE SCOPE IN EXTRA

COURSES ACTIVITIES SOURCE.

*OPPORTUNITIES:- 1. INCREASED COMPETITION.2.FDI

*THREAT:- HIGH GROWTH IN FOREGIN & INDIAN COLLEGES MIGHT FOCUS ON PROFIT MAKING RATHER

THAN QUALITITY EDUCATION SOURCE

Change in technology in india There was no technical

environment in india at the time of independence of our country.

It was totally dependend on the western countries.

In the last five decades 200 universities affiliation and around 30000 colleges have been established in india to increase technology knowledge.

<01.>space research:-

The first indian satellite Aryabhata(1975)

The first moon mission of india

Mars orbital mission (MOM)

<02.> Atomic research:- Before the freedom of india ,there

was no source of atomic energy .

<03.>Defence:- In 1947,indian forces have only rifle

and tank of low range.

Today indian forces have a lot of weapons of high range and more dangerous such as missle ,rocket fighter ,bomb etc.

<04.>Computer and IT:- There was time in india computer was

used in government institutions and some certain collegs .

The first super computer of india

<06.>Telecommunications:- In 1947 india had sparse network

of wired phone. In 1970-1980,black and white came

into existence

The present scenario of telecommunication