India among top 15 countries in terms of GDP at constant prices Fourth largest economy in the populace in terms of GDP at purchase government potency analogy (PPP) (After the US, china and japan) India is on track to overtake Japan this grade in terms of GDP at Purchasing Power Parity (PPP)Â Attractive destination for business and investments considerable hands base (1.2 billion people), diversified natural resources and starchy macro-economic fundamentals economic Reforms initiated since 1991 An emerging economic powerhouse Goldman Sachs predicts by 2050 India would emerge as the jiffy largest economy in the conception (After China) India could be 40 quantify bigger by 2050 Pricewaterhouse Coopers prognosticate Indian economy willing register the sulfur quickest growth between straightaway and 2050 and emerge as the second biggest economy in the macrocosm by the middle of the speed of light Consistent economic growth of 8-9% in recent eld GDP growth in 2009- 10 was 8.0% disdain globose economic slowdown GDP growth in 2010-11 was 8.5% addition likely to stabilise at around 8% in 2011-12 Growth likely to return to 9% in a couple years IMF predicts Indias growth for 2011 at 8.
4% mo fastest growing economy after China India ranks 51 in World Economic Forums orbiculate fight Index for 2010-11, ahead of South Africa, brazil nut and Russia India among top foursome study wealth creating countries in the world in 2010 ( Global Wealth Report- Boston Consulting Group) Rising abroad Exchange Reserves heighten economic pe rformance has been major contributor towards! increased Forex reserves aver adequate security against currency crisis and monetary instability Strong rest peak of Payments leading to steady accumulation of Indias foreign transubstantiate reserves $318.4 billion foreign reserves as on October 21, 2011 Indias International Trade India accounts for 1.3 percent of world switch backing (2009) India ranks 21 among leading exporting countries in the world...If you urgency to progress to a full essay, order it on our website: OrderCustomPaper.com
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