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India began its first few steps during the years 1978-80 when early conditions for SMEs or entrepreneurship were hostile too. 63 million MSMEs in India which contribute 35% to the country's GDP provides employment to 111.4 million persons and accounts for more than 40% of India's exports and are hailed as the ‘growth engines’ of the economy ...
President Barack Obama's economic team released a massive 447-page report (link opens PDF) on the economy last week. The introductory text describes what you might expect from such a report: The ...
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 ...
The economy. By many measures, the economy is in a far better place than it was when Biden took office. The unemployment rate has recovered from its pandemic-era spike and has stayed below 4.5% ...
Barack Obama had the difficult task of taking over on the tail end of the Great Recession, and that may explain some of his numbers. ... Joe Biden (2021-Present) GDP growth: 2.6%. Unemployment ...
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 ...
Key recent developments include the rapid growth of India's economy, closer ties between the Indian and American industries especially in the Information and communications technology (ICT), engineering and medical sectors, an informal entente to manage an increasingly assertive China, robust cooperation on counter-terrorism, the deterioration ...
Earlier this week, Biden had said "xenophobia" in China, Japan and India was holding back growth in the respective economies as he argued migration has been good for the U.S. economy.