about indain economy

2. CONTENT
1. INTRODUCTION TO INDIAN ECONOMY
2. PHASES OF INDIAN ECONOMY
3. SECTORS OF INDIAN ECONOMY
4. TYPES OF ECONOMIC POLICIES IN INDIA
5. LATEST ON INDIAN ECONOMY
6. PROBLEMS FACING INDIAN ECONOMY
7. CONCLUSION

3. INTRODUCTION TO INDIAN
ECONOMY
The economy of India is a developing mixed economy. It is the world's sixth-
largest economy by nominal GDP and the third-largest by purchasing power
parity (PPP). The country ranks 139th in per capita GDP (nominal) with $2,134
and 122nd in per capita GDP (PPP) with $7,783 as of 2018. After the 1991
economic liberalisation, India achieved 6-7% average GDP growth annually. Since
2014 with the exception of 2017, India's economy has been the world's fastest
growing major economy surpassing China.

4. INDIAN ECONOMY IS DIVIDED INTO
THREE PARTS
1. PRE-COLONIAL PERIOD (MEDIEVAL INDIA)
2. COLONIAL PERIOD (MODERN INDIA)
3. POST-INDEPENDENCE PERIOD

5. PRE-COLONIAL
The economy history of india since indus valley civilization to 1700
A.D can be categorised uder this phase. During this phase indian
economy was very well developed. I has very good trade relation
with other part of world. Before the advent of the east india
company each village in india was a relt sufficient entity and was
economical independent as all the economics needs were fullfilled
with in the village.

6. The arrival of east india company in india cause a huge strain
to the indian economy and there was a two way depletion of
resources- the britishers would buy raw materials from india
at cheaper rates and finished foods were sold higher than
normal price in indian market. During this phase india's share
of world income declived from 22.3% to 38% in 1952.
COLONIAL

7. After india got independence from colonial role in 1947,the
process of rebuilding started various policies and schemes
were formulated. 1st five year plan came into implementation
in 1952. There 5th year plan started by indian government.
Focus on the needs of the indian economy.
India's economy is bound for slower growth. In recent
month, indian government has introduced pro business
economic reforms and outlined plans to increase. Spending
on capital investment and large skill social programs. In the
first three month of 2013 the GDP GROWTH SLOWED TO 4.8
% AND IT IS LIKELY TO GO DOWN FURTHER DUE TO weak
consumption, CAPITAL, INVESTMENT & decline government
spending
POST COLONAL INDIAN
ECONOMY

8. Sectors of Indian Economy
1. Primary sector
2. Secondary sector
3. Tertiary sector
4. Other sector
 organized sector
 unorganized sector
 public sector
 Private sector

9. PRIMARY SECTOR
1. the economic activity depends mainly on exploitation of natural resources.
2. Agriculture and agriculture related activities, forestry and fishing, mining and
extraction of oil and gas.
SECONDARY SECTOR
1. Involves manufacturing
2. The industrial production of physical goods.
TERTIARY SECTOR
1. It involves providing intangible goods like services, attention, advice, experience and
discussion.
2. Financial services, management, consultancy, telephony and IT are good example of
service sector.

11. TYPES OF ECONOMIC POLICY- top 8
economic policies followed in india.
1. Industrial policies
2. Trade policy
3. Monetary policy
4. Fiscal policy
5. Indian agricultural policy
6. International trade policy
7. Exchange rate management policy
8. EXIM policy

12. LATEST ON INDIAN ECONOMY
•Indian inc Q2 earning growth highest in 7 quarters, combined net
up 16.2%
Combined net profit of 1,889 Indian companies increased by 16.2%
year on year between july-september 2018, the fastest growth rate
in last seven quarters.
•India will be global hub of start-up community
New Delhi- Indian start-ups can bring transformational change in the
country and also become hub of global start-up community.

13. OTHER PROBLEMS FACING THE
INDIAN ECONOMY
1. Inflation
2. Poor educational standards
3. Poor infrastructure
4. Balance of payment deterioration
5. High level of private debt
6. Large budget deficit
7. Rigid labor law
8. Poor tax collection rates
9. Business difficulties
10. unemployment

14. CONCLUSION
Indian economy is going through a very good time and is
posting new highs on a regular basis. The income growth
rate during 2006-7 was 13%. As the estate sector has high
co-relation with the overall economic growth of the
economy, so the expansion of this sector is also
phenomenal.