Eic Analysis

India thriftiness, the third largest parsimoniousness in the world, in price of buy power, is going to touch new heights in overture years. As predicted by Goldman Sachs, the Global Investment Bank, by 2035 India would be the third largest economy of the world just after US and China. It will grow to 60% of size of the US economy. This thriving economy of today has to pass through many phases earlier it can achieve the current milestone of 9% GDP.  | | The biography of Indian economy can be broadly multilane into three phases: Pre- Colonial, Colonial and Post Colonial.  The Union Budget for 2012-13 was herald by Mr Pranab Mukherjee, the Union Finance Minister in the buff tan on March 16, 2012. It gives an overall picture of how the Indian economy has been performing. Some key highlights of the Union budget 2012-13 are as follows: Gross Domestic Product (GDP) is estimated to grow by 6.9 per penny in 2011-12 Indias GDP growth in 2012-13 br ooked to be 7.6 per cent +/- 0.25 per cent Budget Highlights: GDP growth station during FY 2011-12 is estimated to be 6.9 per cent India is projected to see a fast growth of 7.

5 per cent this fiscal, on the back of high savings and investment rates, redden as most of the Asia- pacific economies are likely to expand at a long-play pace, as per a get together Nations (UN) report. We expect it to expand by about 7.5 per cent in 2012-13, express Nagesh Kumar, Chief Economist, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). The Indian economy is one of the fastest growing economies and is the 12 thlargest in terms of the commercialise exc! hange rate at $1,430.02 trillion (2010 India GDP). In terms of purchasing power parity, the Indian economy ranks the fourth largest in the world. However, poverty still remains a major caution besides disparity in income. The Indian economy has been propelled by the liberalization policies that have been instrumental in boosting demand as well as trade volume. The...If you destiny to get a full essay, order it on our website: BestEssayCheap.com

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