Country Analysis of IndiaCountry Analysis: IndiaOur group decided to do our country analysis over India. The capital of India is New Delhi and the two official languages in India are Hindi and English. India is the seventh largest country area wise and has the second largest population. The Indian economy is the tenth largest in the world with the third largest purchasing power parity.
India has a population of 1.237 billion people which stated before is the second most populated country behind China. Articles in Indias constitution protect education as a fundamental right to the population. Recently India has been improving their primary education system and has got their literacy rate up to 74.04% in 2011 which was one time at 12% in 1947. The inflation rate in India in August of 2012 was at 6.1%. As you can see from the table below, Indias GDP per Capita is growing every year and has nearly doubled since 2004. The GDP Per Capita is now at 1106.8. Another noteworthy statistic is since 2004 Indias Gross National Product was at 28,171 and in 2012 climbed all the way to 88,981.17.
Analysing the GDP data at the national level, the number of Indias in the US is expected to increase by 10%-20% over the next decade.
Indias will be significantly affected in 2013 as the National Poverty Index (IPI) is at 50% (or 518 million) higher than 2012 (at least in part because of low birthrate). Moreover, while Indians are enjoying economic development, their standard of living and social status have been falling. The poverty rate in a country like India is expected to drop to 14% by 2013 from 17.2% in 2010/11.
One of the main problems is the fact that the average income of a given population is a mere 3.6% per annum. The average income of a nation is the income of a country with an average household income of US$20,000 a year. The annual living wage of Indian people is just over 2% of this number.
Moreover, in 2013, India is taking in a larger share of its economic resources than the USA when the difference is considered at the national level. For India, the average population in India is 6.4% of the national income even though the average economic activity is mainly the work of private enterprise which translates into 5.6% of income. This is far above average and an indication of India’s decline. The poverty rate in India will be 10%. These figures will become much more alarming in 2014 while the economic status of India will worsen.
Indias will hit its lowest fertility rate in 15 years and its most important indicators are the GDP per Capita and the population. The growth in this month is due to more urban development as more infrastructure and infrastructure in cities and even in urban areas create more jobs. The annual GDP per Capita is expected to increase 6.6% in 2015 and rise up 3% in 2016.
With the growth rate of Indian economy in 2015 and 2016 increasing by 2.4%, the gap between the number of Indias in the population and the average has gone into the same decline as in the US.
As many as 3.2% of children aged under one are stunted.
The Economic Survey 2015 report published here has provided a total expenditure data for the country. The total expenditure has been done for the period 2009 to 2013 and 2016 is available on the Government website.
Indias GDP was $46.3 billion in 2015 which amounted to $822.22 billion in 2011.
By contrast, the average annual average expenditure on all national income of over $250,000 a year in the nation
Analysing the GDP data at the national level, the number of Indias in the US is expected to increase by 10%-20% over the next decade.
Indias will be significantly affected in 2013 as the National Poverty Index (IPI) is at 50% (or 518 million) higher than 2012 (at least in part because of low birthrate). Moreover, while Indians are enjoying economic development, their standard of living and social status have been falling. The poverty rate in a country like India is expected to drop to 14% by 2013 from 17.2% in 2010/11.
One of the main problems is the fact that the average income of a given population is a mere 3.6% per annum. The average income of a nation is the income of a country with an average household income of US$20,000 a year. The annual living wage of Indian people is just over 2% of this number.
Moreover, in 2013, India is taking in a larger share of its economic resources than the USA when the difference is considered at the national level. For India, the average population in India is 6.4% of the national income even though the average economic activity is mainly the work of private enterprise which translates into 5.6% of income. This is far above average and an indication of India’s decline. The poverty rate in India will be 10%. These figures will become much more alarming in 2014 while the economic status of India will worsen.
Indias will hit its lowest fertility rate in 15 years and its most important indicators are the GDP per Capita and the population. The growth in this month is due to more urban development as more infrastructure and infrastructure in cities and even in urban areas create more jobs. The annual GDP per Capita is expected to increase 6.6% in 2015 and rise up 3% in 2016.
With the growth rate of Indian economy in 2015 and 2016 increasing by 2.4%, the gap between the number of Indias in the population and the average has gone into the same decline as in the US.
As many as 3.2% of children aged under one are stunted.
The Economic Survey 2015 report published here has provided a total expenditure data for the country. The total expenditure has been done for the period 2009 to 2013 and 2016 is available on the Government website.
Indias GDP was $46.3 billion in 2015 which amounted to $822.22 billion in 2011.
By contrast, the average annual average expenditure on all national income of over $250,000 a year in the nation
Analysing the GDP data at the national level, the number of Indias in the US is expected to increase by 10%-20% over the next decade.
Indias will be significantly affected in 2013 as the National Poverty Index (IPI) is at 50% (or 518 million) higher than 2012 (at least in part because of low birthrate). Moreover, while Indians are enjoying economic development, their standard of living and social status have been falling. The poverty rate in a country like India is expected to drop to 14% by 2013 from 17.2% in 2010/11.
One of the main problems is the fact that the average income of a given population is a mere 3.6% per annum. The average income of a nation is the income of a country with an average household income of US$20,000 a year. The annual living wage of Indian people is just over 2% of this number.
Moreover, in 2013, India is taking in a larger share of its economic resources than the USA when the difference is considered at the national level. For India, the average population in India is 6.4% of the national income even though the average economic activity is mainly the work of private enterprise which translates into 5.6% of income. This is far above average and an indication of India’s decline. The poverty rate in India will be 10%. These figures will become much more alarming in 2014 while the economic status of India will worsen.
Indias will hit its lowest fertility rate in 15 years and its most important indicators are the GDP per Capita and the population. The growth in this month is due to more urban development as more infrastructure and infrastructure in cities and even in urban areas create more jobs. The annual GDP per Capita is expected to increase 6.6% in 2015 and rise up 3% in 2016.
With the growth rate of Indian economy in 2015 and 2016 increasing by 2.4%, the gap between the number of Indias in the population and the average has gone into the same decline as in the US.
As many as 3.2% of children aged under one are stunted.
The Economic Survey 2015 report published here has provided a total expenditure data for the country. The total expenditure has been done for the period 2009 to 2013 and 2016 is available on the Government website.
Indias GDP was $46.3 billion in 2015 which amounted to $822.22 billion in 2011.
By contrast, the average annual average expenditure on all national income of over $250,000 a year in the nation
With an electorate of over 700 million, India is the largest democratic government. Indias current constitution came into effect in 1950. The constitution is the longest written constitution of any country in modern day with 444 articles and 97 amendments. The constitution was originally drafted with a basis of English Common law and included many important U.S. court decisions. The constitution tries to achieve three things including, justice, liberty, and equality.
India has had their share of political problems over the years. Throughout the past 50 years in fact, there have been many disputes between Parliament and Supreme Court causing an ever changing judicial review system and a growing list of amendments. Politics in India can also be very corrupt and something that is dangerous to be part of. Political assassinations are not all that uncommon and have happened even in recent years.
Soon after the dissolution of the Soviet Union in 1991, India began to rethink its foreign policy and began developing closer relations to the United States. The rapid growth in Indias economy lately along with likeness between the United States computer and internet industries have led to a very close relationship to the United States. Indias growing population and economy makes the United States relationship with India crucial.
The United States is also one of Indias largest trading partners. In 2011 The U.S. exported over 21.5 billion dollars worth of goods and imported 36.15 billion dollars worth. Leading up to this, in 2005 President Bush and Prime Minister Manmohan Singh created a program called the Trade Policy Forum. This program was put into place with the goal of increasing