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When the DFTP scheme was introduced in 2008, India committed to eliminating customs duties on over 85% of tariff lines (for items in the Harmonized System 6-digit level of classification), reducing duties on the basis of a prescribed margin of preference [a] for 9% of tariff lines, and maintaining duties on the remaining 6% tariff lines over a period of 5 years.
As of December 2024, 44 countries were still classified as LDC, while eight graduated between 1994 and 2024. [4] The World Trade Organization (WTO) recognizes the UN list and says that "Measures taken in the framework of the WTO can help LDCs increase their exports to other WTO members and attract investment. In many developing countries, pro ...
The landlocked developing countries (LLDC) are developing countries that are landlocked. [1] Due to the economic and other disadvantages suffered by such countries, the majority of landlocked countries are least developed countries (LDCs), with inhabitants of these countries occupying the bottom billion tier of the world's population in terms of poverty. [2]
Globalization is a process that encompasses the causes, courses, and consequences of transnational and transcultural integration of human and non-human activities. India had the distinction of being the world's largest economy till the 17th century, as it accounted for about 32.9% share of world GDP and about 17% of the world population.
V This is a list of notable nonprofit organisations, charitable organisations and non-governmental organisations (NGOs) working in India or connected with Indian diaspora. This list is incomplete ; you can help by adding missing items .
India's capacity to generate electrical power is 300 gigawatts, of which 42 gigawatts is renewable. [339] The country's usage of coal is a major cause of greenhouse gas emissions by India but its renewable energy is competing strongly. [340] India emits about 7% of global greenhouse gas emissions.
India has been a non permanent member of the UN Security Council for eight terms (a total of ongoing 16 years), with the most recent being the 2021–22 term. India is a member of G4, group of nations who back each other in seeking a permanent seat on the Security Council and advocate in favour of the reformation of the UNSC.
India has a quasi-federal form of government, called "union" or "central" government, [48] with elected officials at the union, state and local levels. At the national level, the head of government, the prime minister, is appointed by the president of India from the party or coalition that has the majority of seats in the Lok Sabha.