Search results
Results from the WOW.Com Content Network
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). [62]
Romesh Chunder Dutt CIE (Bengali: রমেশচন্দ্র দত্ত; 13 August 1848 – 30 November 1909) was an Indian civil servant, economic historian, translator of Ramayana and Mahabharata. He was one of the prominent proponents of Indian economic nationalism. [1]
Provision of Urban Amenities to Rural Areas (PURA) is a strategy for rural development in India. This concept was given by former president Dr. A.P.J. Abdul Kalam and discussed in his book Target 3 Billion which he co-authored with Srijan Pal Singh. The genesis of PURA can be traced to the work done by Nimbkar Agricultural Research Institute in the early 1990s on Taluka energy self-sufficiency ...
The economic liberalisation in India refers to the series of policy changes aimed at opening up the country's economy to the world, with the objective of making it more market-oriented and consumption-driven. The goal was to expand the role of private and foreign investment, which was seen as a means of achieving economic growth and development.
Manmohan Singh, India’s 13th Prime Minister and a pivotal figure in the country’s economic transformation, died in a New Delhi hospital on Dec. 26 of age-related medical conditions. He was 92 ...
Although ancient India had a significant urban population, much of India's population resided in villages, whose economies were largely isolated and self-sustaining. [citation needed] Agriculture was the predominant occupation and satisfied a village's food requirements while providing raw materials for hand-based industries such as textile, food processing and crafts.
The economy of India accelerated and has grown at a rate of around 3–9% since economic liberalisation began in the 1990s with the exception of 2020. [ 5 ] [ 6 ] Recent research has shown that India's growth rate had begun to attain higher growth since Indira Gandhi's time in 1980s due to economic reforms, with average growth rate of 5.8% in ...
He is often referred as 'Father of Indian Economic Reforms'. [65] PV Narasimha Rao: The 10th Prime Minister who changed the face of Indian economy under Rao's mandate and leadership, then finance minister Manmohan Singh launched a series of pro-globalisation reforms, including International Monetary Fund (IMF) policies, to rescue the almost ...