February 13, 2017 Misc No Comments
  • World’s second fastest growing economy after China.
  • Population of 1.2 Billion today with the largest Parliamentary Democracy and independent judiciary system.
  • Indian economy is 11th in the world by GDP which is 4.9% for 2014-15 & estimated to grow to 5.7% in 2015. GDP (Projected Growth Rate) is 8.1% – 8.4% in Financial year 2016. (source AIPMA)
  • India is third largest by purchasing power parity & world’s second largest English speaking country.
  • Now a stable Govt. led by Mr. Narendra Modi.
  • A very Pro-industry govt. overall , with transparency & growth oriented.
  • Cumulative value of Exports –April – Jan (2014-15) : US$ 26,5037.38 million registering a growth of 2.44% in terms of Dollar & 3.31% in terms of Rupee. [source RBI]
  • Cumulative value of Imports –April – Jan (2014-15) : US$ 38,3411.33 million registering a growth of 2.17% in terms of Dollar & 3.58% in terms of Rupee[source RBI]
  • Per Capita Plastic products consumption (kg/person) for India 10 which is likely to triple over next decade [source Plastindia].
  • Fiscal Deficit to GDP ratio was 4.6% in 2013-14; 4.1% in 2014-15 & is seen at 3.9% of GDP in 2015-16. Objective is to keep inflation below 6% (source Plastindia).
Written by admin