Economy of India

India

Content 1.economy 2.climate 3.education 4.medical system 5.natioinality 6.marketing 7.history

Economy of india

The economy of India is characterised as a middle income developing market economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 145th by GDP (nominal) and 122th by GDP (PPP). From independence in 1947 until 1991, successive governments promoted protectionist economic policies, with extensive state intervention and economic regulation. This is characterised as dirigism, in the form of the License Raj. The end of the Cold War and an acute balance of payments crisis in 1991 led to the adoption of a broad economic liberalisation in India. Since the start of the 21st century, annual average GDP growth has been 6% to 7%, and from 2013 to 2018, India was the world's fastest growing major economy, surpassing China. Historically, India was the largest economy in the world for most of the two millennia from the 1st until the 19th century.

The long-term growth perspective of the Indian economy remains positive due to its young population and corresponding low dependency ratio, healthy savings, and investment rates, increasing globalisation in India and integration into the global economy. The economy slowed in 2017, due to shocks of "demonetisation" in 2016 and the introduction of the Goods and Services Tax in 2017. Nearly 60% of India's GDP is driven by domestic private consumption. The country remains the world's sixth-largest consumer market. Apart from private consumption, India's GDP is also fueled by government spending, investment, and exports. In 2019, India was the world's ninth-largest importer and the twelfth-largest exporter. India has been a member of the World Trade Organization since 1 January 1995. It ranks 63rd on the Ease of doing business index and 68th on the Global Competitiveness Report. With 500 million workers, the Indian labour force was the world's second-largest as of 2019. India has one of the world's highest number of billionaires and extreme income inequality. Since India has a vast informal economy, barely 2% of Indians pay income taxes.

CLIMATE OF INDIA

India is located at 8-34.5 degrees north latitude. The high mountains on the north side block the cold air in the north. In addition, the country is vast and faces the sea on three sides. Therefore, most of India is in the tropical monsoon zone and is one of the hottest countries in the world. India is divided into three major seasons: the rainy season (June to October), the dry season (April to May) and the cool season (November to March of the following year).June to September each year is the summer southwest monsoon period of India, which is the agricultural cultivation season in most parts of the Indian Peninsula. The wind direction changes with the seasons. In the dry season, the wind blows from the land to the ocean, and there is less rain; in the rainy season, the wind blows from the ocean to the land, and precipitation is concentrated. The precipitation season in India changes greatly, the monsoon activity is unstable, and the amount of precipitation is extremely unstable. Some years are more and some years are less, resulting in frequent flood and drought disasters.

Cool Season in India

Cool season starts from November to March, which is the winter in India. There is a large temperature difference between morning and evening, and it is sunny every day across India. Cool season is a very comfortable season, but the northern plains are sometimes very cold and it snows in the mountains. From January to February, the northern and central and northern mornings are very foggy and quite humid.

Dry Season in India

Dry season is from April to May when is summertime in India. The weather becomes hot in May, and it is best to go to the plateau to avoid the heat. The maximum temperature during the day can reach 35-42 degrees and the climate is dry and sunny. While at night, the minimum temperature can reach 28-30 degrees. If you want to travel to India, please prepare summer clothes. In addition, it is recommended to bring a sun hat, umbrella, sunscreen (more than 30 times), sunscreen repair lotion, diarrhea medicine, heatstroke prevention medicine, mosquito bite prevention medicine, sunglasses and other summer travel essentials

EDUCATION The historical backdrop of the Indian Education System is rich, and generally venerated.

India began with the arrangement of having a 'master', who once acknowledged an individual as an understudy, would draw in him in his everyday life. The understudy would live with the master and help in family exercises. The vast majority of the topic was identified with ideas that could be applied in everyday life.

Presently, The Indian Education System has proceeded, and is totally not the same as what used to win. We presently have a few sheets, contingent upon the state. Each board has a different schedule, some of which are progressed, and some not really. Because of a great deal of elements, the Indian Educations System issues are huge, and have been condemned by many.

In any case, to give credit where it's expected, let’s talk about the preferences and weaknesses of the Indian Education System.