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ECONOMIC
GROWTH
OF INDIA
BY HARSH KUMAR
STATISTICS
• GDP
India's nominal GDP growth rate is estimated at 12 per cent in 2019-20. The
estimate for 2018-19 was 11.5 per cent. During Q2 of 2019-20, GDP (at constant
2011-12 prices), GDP stood at Rs 33.16 lakh crore (US$ 474.46 billion) showing a
growth rate of 4.3 percent over the corresponding quarter of previous year.
• GDP RANK
5th (nominal; 2019) 3rd (PPP; 2019)
• GDP GROWTH
4.7% (Q3; 2019-20) 8.2% (16/17) 7.2% (17/18)
6.8% (18/19e) 5.0% (19/20f)
STATISTICS
• GDP PER CAPITA
$2,338 (nominal; 2020 est.) $9,027 (PPP; 2020 est.)
• INFLATION
CPI-3.99 per cent in September from 3.28 per cent.
WPI-fell to 0.33 per cent from 1.03 per cent.
• UNEMPLOYMENT
URBAN:-7.8% in urban India
RURAL:- 5.3% in rural India
*(ACCORDING TO FY18)
SECTORS
SECTORS Contribution to Contribution to
GDP(%) Employment(%)
AGRICULTURE 17.7 43.1
INDUSTRY 29.02 24.69
SERVICE 53.66 60
Economic growth of india
FACT ABOUT INDIAN ECONOMY
The Economy of India is the seventh-largest in
the world by nominal GDP.
The third-largest by Purchasing Power
parity(PPP).
The country classified as newly industrialized
country, one of the G-20 major economies,
A member of B R I C S.
A developing economy with approximately 7%
average growth rate for the last two decades.
Growth Projection For BRICS Economy
Economic growth of india
OBJECTIVE OF ECONOMIC GROWTH
OF INDIA
1. ECONOMIC DEVELOPMENT.
2. INCREASE EMPLOYMENT.
3. SELF-SUFFICIENT.
4. ECONOMIC STABILITY.
5. SOCIAL WELFARE AND SERVICES.
6. REGIONAL DEVELOPMENT.
7. COMPREHENSIVE DEVELOPMENT.
8. TO REDUCE ECONOMIC INEQUALITIES.
9. SOCIAL JUSTICE.
10.INCREASE IN STANDARD OF LIVING.
Economic growth of india
THANK YOU

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Economic growth of india

  • 2. STATISTICS • GDP India's nominal GDP growth rate is estimated at 12 per cent in 2019-20. The estimate for 2018-19 was 11.5 per cent. During Q2 of 2019-20, GDP (at constant 2011-12 prices), GDP stood at Rs 33.16 lakh crore (US$ 474.46 billion) showing a growth rate of 4.3 percent over the corresponding quarter of previous year. • GDP RANK 5th (nominal; 2019) 3rd (PPP; 2019) • GDP GROWTH 4.7% (Q3; 2019-20) 8.2% (16/17) 7.2% (17/18) 6.8% (18/19e) 5.0% (19/20f)
  • 3. STATISTICS • GDP PER CAPITA $2,338 (nominal; 2020 est.) $9,027 (PPP; 2020 est.) • INFLATION CPI-3.99 per cent in September from 3.28 per cent. WPI-fell to 0.33 per cent from 1.03 per cent. • UNEMPLOYMENT URBAN:-7.8% in urban India RURAL:- 5.3% in rural India *(ACCORDING TO FY18)
  • 4. SECTORS SECTORS Contribution to Contribution to GDP(%) Employment(%) AGRICULTURE 17.7 43.1 INDUSTRY 29.02 24.69 SERVICE 53.66 60
  • 6. FACT ABOUT INDIAN ECONOMY The Economy of India is the seventh-largest in the world by nominal GDP. The third-largest by Purchasing Power parity(PPP). The country classified as newly industrialized country, one of the G-20 major economies, A member of B R I C S. A developing economy with approximately 7% average growth rate for the last two decades.
  • 7. Growth Projection For BRICS Economy
  • 9. OBJECTIVE OF ECONOMIC GROWTH OF INDIA 1. ECONOMIC DEVELOPMENT. 2. INCREASE EMPLOYMENT. 3. SELF-SUFFICIENT. 4. ECONOMIC STABILITY. 5. SOCIAL WELFARE AND SERVICES. 6. REGIONAL DEVELOPMENT. 7. COMPREHENSIVE DEVELOPMENT. 8. TO REDUCE ECONOMIC INEQUALITIES. 9. SOCIAL JUSTICE. 10.INCREASE IN STANDARD OF LIVING.