India - Macroeconomic Indicators (2006-07 to Present)
INDIA – MACROECONOMIC INDICATORS
1
Macroeconomics Project
INDIA - Macroeconomic Indicators (2006-07 to present)
Course Instructor Prof. Leena Mary Eapen
Project Team PGP/15/13 Devanand Prasad PGP/15/36 Priyanka ruttala PGP/15/49 Shashikant Bapatla PGP/15/55 Sri K Srinivas PGP/15/61 Vijeta Shrivastava FPM/05/05 Janardan K Yadav FPM/05/04 Chacko Jacob
INDIA – MACROECONOMIC INDICATORS
2
EXECUTIVE SUMMARY -------------------------------------------------------------------------------------------------------------------An Economic Indicator (or business indicator) is a statistic about the economy. They allow analysis of economic performance and predictions of future performance. In this paper, we evaluate the Macro Economic indicators from 2006 to the present and comment on the trends observed. The indicators we have used for the study of the Indian economy are GDP, Per Capita Income, Inflation, Savings, Investment, Balance of payments and Fiscal deficit. Even though each indicator tells us only the partial truths, as in there are inherent shortcomings in using each criterion, we still try to evaluate the economic position of the company using the same. A few of the shortcomings of each indicator is also mentioned in the paper.
INDIA – MACROECONOMIC INDICATORS
3
1. GROSS DOMESTIC PRODUCT -----------------------------------------------------------------------------------------------------------------GDP at factor cost and GNP – trend analysis & sectorial analysis Despite several problems faced by the Indian economy many economists point to potential strengths of the Indian economy which could enable it to continue to benefit from high levels of economic growth in the future.
1.
Demographics of India are favourable India still has a positive birth rate meaning that the size of the workforce will continue to grow for the foreseeable future. It also enables increased productivity.
2. There is much scope for increases in efficiency
1
Macroeconomics Project
INDIA - Macroeconomic Indicators (2006-07 to present)
Course Instructor Prof. Leena Mary Eapen
Project Team PGP/15/13 Devanand Prasad PGP/15/36 Priyanka ruttala PGP/15/49 Shashikant Bapatla PGP/15/55 Sri K Srinivas PGP/15/61 Vijeta Shrivastava FPM/05/05 Janardan K Yadav FPM/05/04 Chacko Jacob
INDIA – MACROECONOMIC INDICATORS
2
EXECUTIVE SUMMARY -------------------------------------------------------------------------------------------------------------------An Economic Indicator (or business indicator) is a statistic about the economy. They allow analysis of economic performance and predictions of future performance. In this paper, we evaluate the Macro Economic indicators from 2006 to the present and comment on the trends observed. The indicators we have used for the study of the Indian economy are GDP, Per Capita Income, Inflation, Savings, Investment, Balance of payments and Fiscal deficit. Even though each indicator tells us only the partial truths, as in there are inherent shortcomings in using each criterion, we still try to evaluate the economic position of the company using the same. A few of the shortcomings of each indicator is also mentioned in the paper.
INDIA – MACROECONOMIC INDICATORS
3
1. GROSS DOMESTIC PRODUCT -----------------------------------------------------------------------------------------------------------------GDP at factor cost and GNP – trend analysis & sectorial analysis Despite several problems faced by the Indian economy many economists point to potential strengths of the Indian economy which could enable it to continue to benefit from high levels of economic growth in the future.
1.
Demographics of India are favourable India still has a positive birth rate meaning that the size of the workforce will continue to grow for the foreseeable future. It also enables increased productivity.
2. There is much scope for increases in efficiency
References: for all content are provided and the referencing is done as per ‘Harvard system of referencing Guide’. Available at [Accessed on 13/12/2011] We thank our instructor, Prof. Leena Mary Eapen for the guidance provided and for having given us an opportunity to work on this topic Group Number 5, Section A Devanand Prasad | Priyanka ruttala | Sasikant Bapatla | Sri K Srinivas | Vijeta Shrivastava | Janardan Yadav | Chacko Jacob