India Economic

Introduction

In 2004 till 2013, India is the fourth largest economy in terms of Purchasing Power Parity (PPP) compared to USA, China and Japan& it’s the sixth largest foreign exchange holder in the world. India economic has been so strong and stable due to their land high growth, foreign exchange reserves, and foreign investment and robust increase in exports and low inflation and interest rates indepently. Therefore, you can say that India has the best macro-economic in history

Production Output Performance Analysis

In 2004 the Gross Domestic Product .A.K.A. (GDP) was 721.6 billion USD and in 2013 the GDP is 1.877 trillion, The real GDP growth rate was decreasing  from 7.9%-5% from 2004-2013 with the population of 1.111 billion in 2004 and 1.252 billion in 2013.Likewise,the population of India are increasing hence, the GDP per capita are also increasing in the years from 2004 to 2013, that is 649.71 USD (2004) to 1.498.87 USD (2013).In order to increase their economic performance,there are 4 plans.

• The Big Infrastructure Push

They used 9 million dollars to complete a project that is to link all major cities that is in 10000kms road.This is to help the infrastructure project to gain financing help easier, and when REIT ( a real estate investment trust) announce that they will help with the infrastructure sector, Dr, Arun Singh, Senior Economist at Dun & Bradstreet felt very appreciated. Because of the help , India is getting more and more advance.

• Ease of Doing Business

In order to attract investment to the economy, India will start boosting programmes like entrepreneurship and PPP’s . Therefore, they also are providing a more efficient business environment in the economy to do so.

• Focus on Agriculture

The agriculture sector in India is very important.Some may also call it ‘The backbone of India economy system’They will be making more warehouses and cutting down supply side things in order to provide a more standard level of food in private markets.

• Emphasis Skill Development

India is an overpopulation country,and because of that,they have more manpower.They will start a programme that will help the youths on their employability skills.Because if they are not educated,therefore the GDP economy wont increase efficiently.