India details

1. Economic system
India is a developing country in an open market economy , although there are some policy implications isolation, than in previous years ; Since the early nineties of the last century began economic liberalization , as represented by : the lifting of restrictions industrial , and privatization of state-owned companies , and reduce government control over foreign trade and investment , which led to accelerate the pace of growth in the country, even more than 7 % annually since 1997.
The Indian economy combines the styles of traditional and modern agriculture and handicrafts ; addition to the smooth variety of modern industries and support services. Agriculture accounts for nearly a quarter of the Indian economy.
The service sector is the main source for the growth of the economy , where these sectors account for more than half of the country 's income ; but it does not only absorb less than a third of the workforce. And more than half of the workforce in the field of agriculture . India also benefit from the huge numbers of educated individuals skilled in English , even become India's major source of workers in the field of software.
In 2010, the Indian economy exceeded the global financial crisis efficiently, but rebounded in many parts of it, because of the large domestic demand , skip grow 8 % per annum. The merchandise exports , which account for about 15% of GDP, has returned to the levels before the financial crisis.
The industrial expansion and rising food prices , caused by the negative effects of the global crisis in 2009, and the weakness and inefficiency of government performance , make inflation more than 11 % in the first half of 2010 , but it gradually declined to less than 5 %. In 2010, the government cut fuel and fertilizer subsidies , also sold a limited proportion of government shares in some companies, and also sold the rights to the third generation telecommunications market , which led to the reduction of the government deficit .
India faces challenges in the long term , is in widespread poverty , poor physical infrastructure and social development, and limited non - agricultural employment opportunities , inadequate access to quality basic education , and migration from the countryside to the city.
2. GDP , according to estimates by the year 2010
A . GDP ( purchasing power parity ) in the United States : 4.06 trillion.
B . GDP official exchange rate of the dollar : 1.538 trillion.
C . The real growth rate of GDP: 10.4%.
D . Average per capita income of the mentioned GDP ( GDP ( purchasing power parity ) in the United States of America ) : $ 3,500 .
3. Sources of GDP , according to estimates by the year 2010
A . Agriculture sector : 18.5 %.
B . Industry: 26.3 %.
C . Services sector : 55.2 %.
4. The labor force
A . Total: 478.3 million workers, according to estimates by the year 2010.
B . Distribution, according to estimates by the year 2009
(1) in the agriculture sector : 52%.
(2) in the industry: 14%.
(3) in the service sector : 34 % .
5. Unemployment rate: 10.8% , according to estimates by the year 2010.
6. Population below poverty line : 25%, according to estimates by the year 2007.
7. Household income or consumption by percentage share of the total number of households , according to 2005 estimates
Lowest 10 % : 3.6 % .
Highest 10 % : 31.1 % .
8. Inflation rate: 12% , according to estimates by the year 2010.
9. Investment: 30.2 % of GDP , according to estimates by the year 2010.
10. Public debt : 51.9 % of GDP , according to estimates by the year 2010.
11. The market value of publicly traded shares: $ 1.179 trillion , according to estimates by 31 December 2009.
12. Budget , according to estimates by the year 2010
A . Revenue: 185.4 billion.
B . Expenditure : 269.8 billion.
13. Agriculture Products
Rice, wheat , oilseeds , cotton, jute, tea , sugarcane , onions , dairy products , potatoes , sheep , goats , poultry, and fish.
14. Industries
Textiles, chemicals , food processing , steel, transport equipment, cement, mining , petroleum , machinery, and software industries .
15. Industrial production growth rate : 10.6 % , according to estimates by the year 2010.
16. Electricity
A . Production: 723.8 billion kilowatt / hour , according to estimates by the year 2009.
B . Consumption: 568 billion kilowatt / hour , according to estimates by the year 2007.
C . Electricity exports : 810 million kw / h , according to estimates by the year 2007.
D . Electricity imports : 5.27 billion kilowatt / hour , according to estimates by the year 2009.
17. Oil
A . Production: 878.700 barrels per day , according to estimates by the year 2009.
B . Consumption: 2.98 million barrels per day , according to estimates by the year 2009.
C . Oil exports : 738.600 barrels per day , according to estimates by the year 2007.
D . Oil imports : 2.9 million barrels a day , according to estimates by the year 2007.
E . Proved reserves: 5.8 billion barrels , according to estimates from the first of January 2010.
18. Natural Gas
A . Production: 38.65 billion cubic meters , according to estimates by the year 2009.
B . Consumption : 51.27 billion cubic meters , according to estimates by the year 2009.
C . Exports : zero , according to 2008 estimates .
D . Imports : 12.62 billion cubic meters , according to estimates by the year 2009.
E . Proved reserves: 1.075 trillion cubic meters , according to estimates from the first of January 2010.
19. Current account balance: $ -51.78 billion , according to estimates by the year 2010.
20. Exports
A . The total value of exports : 225.4 billion, according to estimates by the year 2010.
B . Main exports : petroleum products, textiles, gems and jewelery , engineering goods , chemicals, and leather manufactures .
C . The main importing countries : United Arab Emirates 12.5 % , U.S. 11.1 %, China 6.1% , Hong Kong 4.2 , Singapore 4.1% , according to estimates by the year 2009.
21. Imports
A . Total value of imports : 359 billion dollars , according to estimates by the year 2010 .
B . Imports : crude oil , machinery, gems , fertilizer, chemicals, iron and steel.
C . The most important exporting countries : China 11.2 % , U.S. 6.5 %, and the United Arab Emirates , 6%, Saudi Arabia 5.7% , Australia 4.2 %, Germany 4.2% , Iran 4.1% , according to estimates by the year 2007.
22. Reserves of foreign exchange and gold: 287.1 billion, according to estimates by 31 December 2010.
23. External debt : 238 billion dollars , according to estimates by 31 December 2010.
24. Foreign investment in the home : 188.1 billion, according to estimates by 31 December 2010.
25 . National Investments Abroad: 90.36 billion, according to estimates by 31 December 2010.
26 . Currency (code) : Indian rupee rupee (INR).
27 . Exchange rate against the U.S. dollar : 46.163 rupees , in 2010; 48.405 rupees, in 2009; 43.319 rupees, in 2008; 41.487 rupees, in 2007; 45.3 rupees, in 2006; 44.101 rupees, in 2005.