INDIAN ECONOMY OLD WINE IN NEW BOTTLE

Economy of India is the 10th largest economic in the world. By nominal GDP and fourth largest purchasing power purity ppp but as predicted by the global investment bank by 2035 India would be third largest economy in the world just after US and CHINA.

Maurya Empire Mugal Empire Maratha Empire British East India Company

Year 2003
2004 2005 2006 2007 2008 2009 2010 2011

% of GDP 4.30
8.30 6.20 8.40 9.20 9.00 7.40 7.40 8.30

Population explosion Poverty Unemployment Rural urban divide

Control on population Increase employment Improve technology Develop education system Decrease corruption

After the whole length discussion can conclusion is that Indian economy is a social science that analyze the production distribution or consumption of goods service and other thing than we can say that it is show our growth and progress next we will seeing in world record than this is the thought largest economy in the world at present time this is just after US and CHINA IT is growing 60% of the size of US and CHINA after that it is pass through many phases before it can achieve than INDIAN GDP rate is 9% in present