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The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 125th by GDP (PPP) . [ 58 ]
Composition of India's total production of foodgrains and commercial crops, in 2003–04, by weight. India ranks second worldwide in farm output. Agriculture and allied sectors like forestry, logging and fishing accounted for 18.6% of the GDP in 2005, employed 60% of the total workforce [13] and despite a steady decline of its share in the GDP, is still the largest economic sector and plays a ...
These are lists of Indian states and union territories by their nominal gross state domestic product (GSDP). GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). [1]
The document is the Ministry's view [clarification needed] on the state of the economy of the country. This document of the Ministry, the Economic Survey of India reviews the developments in the Indian economy over the past financial year, summarizes the performance on major development programs, and highlights the policy initiatives of the government and the prospects of the economy in the ...
Yet, the economy now in a far better position than it was eight years ago. India weathered the economic crisis well and emerged from the global slowdown faster than any other country. First challenge before the government is to quickly revert to high GDP growth path of 9%. Expects 10% economic growth in the near future.
Indian States by GDP (Purchasing power parity) [1] Rank State/Union territory 2018-19 in Billion (USD) 1 Maharashtra: $1,353.831 2 Tamil Nadu: $820.652 3 Karnataka: $758.01 4 Gujarat: $738.039 5 Uttar Pradesh: $722.644 6 West Bengal: $561.150 7 Rajasthan: $469.068 8 Andhra Pradesh: $454.167 9 Telangana: $423.176 10 Madhya Pradesh: $408.822 11 ...
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