economic aspect india 2020
TRANSCRIPT
ECONOMIC ASPECT: INDIA
Guided By-Dr. Swaroop Reddy & Mr. V. R.
Sudindra
Team No. 11 Sushovit Rout Siva Babu B Sowjanya M
ISME PGDM 2015-2017
Contents Introduction
Current Economic Scenario
Forecast India 2020
Late Dr. Abdul Kalam’s Vision India 2020
Late Dr. C.K. Prahalad’s India 2020
SWOT Analysis
ConclusionISME PGDM 2015-2017
The Economy of India the 7th largest in the world (nominal GDP) $2.308 Trillion (2015)
The 3rd largest Purchasing Power Parity (PPP) $ 7.997 Trillion (2015)
World's fastest growing major economy last quarter 2014, replacing China's.
The financial capital of India Mumbai, Maharashtra
Currency Indian rupee (INR) ( ) = 100 Paise
Fiscal Year 1st April – 31st March
Trade Organizations WTO, SAFTA, G-20 and others.
Introduction
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Current Indian Economic Scenario Present GDP Growth Rate 8.8%
GDP by sector Agriculture (17%) Industry (18%) Services (65%)
Manufacturing Growth Rate 18.5%
IT Software & Hardware (Indian IT/ITES industry maintain growth of 13-15% FY2015)
Power & Energy (The gross electricity generated by utilities is 1106 TWh (1106,000GWh)
Population BPL (21.9%) out of 1.2 billion live below $1.25 per day.
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First in Population in 2050 First in Science Production Labor ProductivityIncreased GDP Growth rate Amazing Indian Education Global Agri-technology
Forecast About India 2020
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GDP Actual (US Bn $) 2020 (US Bn $)
GDP 2066.90 2486
GDP growth Rate 2.06 1.24
GDP annual growth Rate 7.00 6.8
GDP constant prices 27129.98 42864
GDP Per Capita 1262.64 2374
GDP Per Capita(PPP) 5565.65 6947
GDP from Agriculture 4637.96 4941
GDP from Construction 2377.80 1991
GDP from Manufacturing 5407.38 4476
GDP from Mining 774.93 686
GDP from Public Administer
3914.00 3027
GDP from Utilities 738.95 582
Price Actual (US Bn $) 2020 (US Bn $)
Inflation Rate 3.78 4.2
Consumer Price Index
123.70 129
GDP Deflator 117.80 131
Produced Prices 177.50 172
Producer Price Change
-1.47 2.35
Export Prices 312.00 437
Import Prices 518.00 570
Food Inflation 2.15 6.1
Inflation Rate Mon 0.60 0.62
GDP Forecast in Tabular Form
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Markets Actual (US Bn $) 2020 (US Bn $)
Currency (per US 1 $) 66.69 50
Stock Market 25201.90 29329
Government Bond Loy 7.75 7.4
Labour Actual 2020Unemployment 4.90 5.4
Employed Persons 29650.00 34683
Unemployed Persons 44.79 51.82
Population 1238.89 1299
Money Actual (US Bn $) 2020 (US Bn $)
Interest Rate 7.25 4.5
Inter Bank rate 7.44 4.9
Central Bank Balance Sheet
13942.64 18624
Foreign Exchange Reserves
351920.00 358897
Loan Growth 9.50 7
Cash Reserve Ratio 4.00 2.75
Trade Actual (US Bn $) 2020 (US Bn $)
Balance of Trade -12812.46 -11421
Exports 23137.26 38179
Imports 35949.72 49600
Tourist Arrivals 633000 663000
Gold Reserves 557.74 558
Crude Oil Production
751 757
Capital Flows -212.67 8.06
Government Actual (US Bn $) 2020 (US Bn $)Budget -4.50 -3.5Debt to GDP 65.50 64.09Budget Value -3851.03 -4109Spending 3100.18 2855Credit Rating 47.12 -Fiscal Expenditure 4309.93 8376Government Revenue
1412.04 3856
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Business Actual 2020
Business Confidence 54.40 55
Industrial Production 3.80 7
Manufacturing Production 4.60 5.34
Competitiveness Index 4.20 5.2
Competitiveness Rank 71.00 64
Mining Production 2.80 3.33
Consumer Actual (US Million $) 2020 (US Million $)
Consumer Spending 15928.06 21901
Disposable Personal Income
127880080 200761852
Personal Savings 22124.14 33253
Bank Lending Rate 10.00 9.95
Housing Construction Output
Construction Output 1.10 4.84
Housing Index 238.00 210
Taxes Actual 2020
Corporate 34.61 30
Personal Income Tax Rate
33.99 33.99
Sales Tax Rate
12.36 12.36
Social Security Rate
24 24
Social Security Rate for Companies
12 12
Social security Rate Employees
12 12
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ISME PGDM 2015-2017
ISME PGDM 2015-2017
ISME PGDM 2015-2017
Late Dr. A.P.J. Abdul Kalam: Vision India 2020 India 2020 Initially documented by
Technology Information Forecasting and Assessment Council (TIFAC) chairmanship of Dr. Kalam & 500 experts.
Five Visions: Agriculture and food processing.
Infrastructure with reliable and quality electric power.
Education & Healthcare.
Information and Communication Technology.
Technologies and strategic industries.
Late Dr. C. K. Prahalad: Vision of India 2020Fortune At The Bottom Of
The Pyramid
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Agriculture
Power and Energy
Infrastructure
Industry
Healthcare
Education
What Should India do to achieve 2020 Vision
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STRENGTH WEAKNESS
OPPORTUNITY THREATS
SWOT Analysis
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Agriculture Based Economy.Huge pool of labour force.Huge English speaking population.Third largest reservoir of engineers.Rapid growth of IT and BPO sector.
STRENGTHSHigh percentage of workforce in agriculture contributing to only 17.2% of GDP. Quarter of a population below the poverty line High unemployment rate Huge population scarcity of resourcesLow literacy rates
WEAKNESSES
OPPORTUNITIES THREATSScope for entry of private firms in various sectors for business Inflow of FDI in many sectors
Huge population of Indian Diaspora in foreign countries (NRIs)
Huge domestic market: Opportunity for MNCs
High fiscal deficit Threat of government intervention in some states Volatility in crude oil prices across the world Population explosion,Agriculture excessively dependent on monsoon
Present Government Outlook for 2020
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List of Government Schemes in India Atal Pension Yojna (MOF) Deen Dayal Upadhaya Gram Jyoti Yojna (MOP)
Digital India Programme (MOC&IT)
Pradhan Mantri Suraksha Bima Yojna (MOF)
Skill India Programme (MOSDE) Smart Cities Mission (MOUD)
Pradhan Mantri Awas Yojna (MOUD) ISME PGDM 2015-2017
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A DREAM FOR DEVELOPED NATION
“Dream To Make Billion People SmileAnd Smile Together.”
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“Vision Without Action is merely is a dreamAction Without Vision is just passing time
But Action & Vision together can change the World;
An Integrated action by all for all is the key.”ISME PGDM 2015-2017
THANK YOU!!