Skip to main content

Basic Indian Economic Data


1. Gross Domestic Product (GDP): In 2020-2021, India's GDP was approximately $2.7 trillion USD (nominal) and $9.4 trillion USD (PPP).

2. GDP Growth Rate: In the fiscal year 2020-2021, India's GDP contracted by 7.3% due to the impact of the COVID-19 pandemic. However, economic recovery is expected in subsequent years.

3. Inflation Rate: The inflation rate in India varies from year to year. In September 2021, the inflation rate stood at around 5.3%, which was higher than the previous year's average due to factors like rising fuel prices and supply chain disruptions caused by the pandemic.

4. Unemployment Rate: The unemployment rate in India can also vary over time. As of September 2021, the unemployment rate was around 8%, reflecting the impact of the pandemic on the job market.

5. Foreign Direct Investment (FDI): India has been an attractive destination for foreign investment. In 2020-2021, India received approximately $64 billion in FDI inflows.

6. Stock Market: The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) are the two major stock exchanges in India. The stock market performance can fluctuate based on various factors, including economic conditions, corporate earnings, and global market trends.

Labels:

Comments

Post a Comment

Popular posts from this blog

International Council on Monuments and Sites

Ahom era 'Moidams', resting place of royal families, in Assam's Charaideo district have been recommended for inclusion in the UNESCO World Heritage List by its international advisory body International Council on Monuments and Sites (ICOMOS).  About International Council on Monuments and Sites: It was established in 1965 in Warsaw (Poland) as a result of the Venice Charter of 1964 and offers advice to UNESCO on World Heritage Sites. It is an international non-governmental organisation that is comprised of professionals, experts, representatives from local authorities, companies and heritage organisations, and is dedicated to the conservation and enhancement of the architectural and landscape heritage throughout the world. Key facts about Moidams The Moidams (also Maidams) are the mound-burial system of the Ahom dynasty (13th century-19th century). The mound-burial system of the royals of the Ahom dynasty in Assam’s Charaideo district can be likened to the royal tombs...
Post a Comment
Read more

Biodiversity conservation in India

Biodiversity conservation in India is a crucial issue due to the country's rich and diverse natural heritage. India is one of the world's top biodiversity hotspots, with a wide range of ecosystems, species, and genetic diversity. The Indian government and various organizations have implemented several initiatives and policies to protect and conserve the country's biodiversity. Here are some key aspects of biodiversity conservation in India: 1. Legal Framework: India has enacted several laws and regulations to protect its biodiversity. The Wildlife Protection Act of 1972 is a landmark legislation that provides legal protection to wildlife and their habitats. The Forest Conservation Act of 1980 regulates the diversion of forest land for non-forest purposes. Additionally, the Biological Diversity Act of 2002 aims to conserve India's biological resources and associated traditional knowledge. 2. Protected Areas: India has a network of protected areas, including national park...
Post a Comment
Read more

Ancient History of India

Ancient History of India encompasses the period from the earliest human settlements in the Indus Valley Civilization (around 3300 BCE) to the rise of the Maurya Empire around 320 BCE, with the development of key cultural, political, and societal elements that continue to influence India today. The Indus Valley Civilization, one of the world’s earliest urban centers, flourished along the Indus River in present-day Pakistan and northwestern India. It is noted for its advanced urban planning, sophisticated drainage systems, and extensive trade networks. Cities like Mohenjo-Daro and Harappa were characterized by well-planned grids, public baths, and large granaries, indicating a highly organized society. However, the civilization mysteriously declined around 1900 BCE, possibly due to a combination of environmental factors, such as climate change, and the collapse of trade networks. Following the decline of the Indus Valley Civilization, India entered the Vedic period (1500-500 BCE), named ...
Post a Comment
Read more