The statistic shows the growth of the real gross domestic product (GDP) in India from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, India's real gross domestic product growth was at about 6.46 percent compared to the previous year. Gross domestic product (GDP) growth rate in India Recent years have witnessed a shift of economic power and attention to the strengthening economies of the BRIC countries: Brazil, Russia, India, and China. The growth rate of gross domestic product in the BRIC countries is overwhelmingly larger than in traditionally strong economies, such as the United States and Germany. While the United States can claim the title of the largest economy in the world by almost any measure, China nabs the second-largest share of global GDP, with India racing Japan for third-largest position. Despite the world-wide recession in 2008 and 2009, India still managed to record impressive GDP growth rates, especially when most of the world recorded negative growth in at least one of those years. Part of the reason for India’s success is the economic liberalization that started in 1991and encouraged trade subsequently ending some public monopolies. GDP growth has slowed in recent years, due in part to skyrocketing inflation. India’s workforce is expanding in the industry and services sectors, growing partially because of international outsourcing — a profitable venture for the Indian economy. The agriculture sector in India is still a global power, producing more wheat or tea than anyone in the world except for China. However, with the mechanization of a lot of processes and the rapidly growing population, India’s unemployment rate remains relatively high.
The statistic shows GDP in India from 1987 to 2024, with projections up until 2030. In 2024, GDP in India was at around 3.91 trillion U.S. dollars, and it is expected to reach six trillion by the end of the decade. See figures on India's economic growth here, and the Russian GDP for comparison. Historical development of the Indian economy In the 1950s and 1960s, the decision of the newly independent Indian government to adopt a mixed economy, adopting both elements of both capitalist and socialist systems, resulted in huge inefficiencies borne out of the culture of interventionism that was a direct result of the lackluster implementation of policy and failings within the system itself. The desire to move towards a Soviet style mass planning system failed to gain much momentum in the Indian case due to a number of hindrances, an unskilled workforce being one of many.When the government of the early 90’s saw the creation of small-scale industry in large numbers due to the removal of price controls, the economy started to bounce back, but with the collapse of the Soviet Union - India’s main trading partner - the hampering effects of socialist policy on the economy were exposed and it underwent a large-scale liberalization. By the turn of the 21st century, India was rapidly progressing towards a free-market economy. India’s development has continued and it now belongs to the BRICS group of fast developing economic powers, and the incumbent Modi administration has seen India's GDP double during its first decade in power.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
India IN: GDP: Linked Series data was reported at 295,356,668.443 INR mn in 2024. This records an increase from the previous number of 269,496,458.603 INR mn for 2023. India IN: GDP: Linked Series data is updated yearly, averaging 45,766,455.214 INR mn from Mar 1991 (Median) to 2024, with 34 observations. The data reached an all-time high of 295,356,668.443 INR mn in 2024 and a record low of 5,761,092.056 INR mn in 1991. India IN: GDP: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s India – Table IN.World Bank.WDI: Gross Domestic Product: Nominal. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
CC0 1.0 Universal Public Domain Dedicationhttps://creativecommons.org/publicdomain/zero/1.0/
License information was derived automatically
Although the share of industry in GDP remained stable, it underwent significant fundamental changes. During this period, as a process of product restructuring, when a gross value was adjusted, production increased at current prices by 8 percent per annum. Then in 2004-09, the GDP growth rate increased to 20%. At the same prices, the annual but significant increase in employment was also 7.5 percent per annum. The work participation rate was 39.2 percent in 2009-10. Of these, 53 percent were in agriculture and the remaining 47 percent were in non-agricultural sectors. For the first time in the late 2000s, the number of perfect workers in the agricultural sector decreased. Unemployment in the economy as a whole has come down from 8.3 percent in 2004-05 to 6.6 percent in 2009-10. We can say that the Indian economy has performed well since 1991 but now the Indian economy is going through another turbulent period. The growth rate of the Indian economy has been slowing down since 2014. In addition to this, Kovid 19 has spread its legs in India and has slowed down the growth rate. The research paper will conclude the study of the Indian economy from 2014 to 2020, as well as three economic sectors.
In 2024, the gross domestic product (GDP) of China amounted to around 18.7 trillion U.S. dollars. In comparison to the GDP of the other BRIC countries India, Russia and Brazil, China came first that year and second in the world GDP ranking. The stagnation of China's GDP in U.S. dollar terms in 2022 and 2023 was mainly due to the appreciation of the U.S. dollar. China's real GDP growth was 3.1 percent in 2022 and 5.4 percent in 2023. In 2024, per capita GDP in China reached around 13,300 U.S. dollars. Economic performance in China Gross domestic product (GDP) is a primary economic indicator. It measures the total value of all goods and services produced in an economy over a certain time period. China's economy used to grow quickly in the past, but the growth rate of China’s real GDP gradually slowed down in recent years, and year-on-year GDP growth is forecasted to range at only around four percent in the years after 2024. Since 2010, China has been the world’s second-largest economy, surpassing Japan.China’s emergence in the world’s economy has a lot to do with its status as the ‘world’s factory’. Since 2013, China is the largest export country in the world. Some argue that it is partly due to the undervalued Chinese currency. The Big Mac Index, a simplified and informal way to measure the purchasing power parity between different currencies, indicates that the Chinese currency yuan was roughly undervalued by 38 percent in 2024. GDP development Although the impressive economic development in China has led millions of people out of poverty, China is still not in the league of industrialized countries on the per capita basis. To name one example, the U.S. per capita economic output was more than six times as large as in China in 2024. Meanwhile, the Chinese society faces increased income disparities. The Gini coefficient of China, a widely used indicator of economic inequality, has been larger than 0.45 over the last decade, whereas 0.40 is the warning level for social unrest.
From the Summer of 2007 until the end of 2009 (at least), the world was gripped by a series of economic crises commonly known as the Global Financial Crisis (2007-2008) and the Great Recession (2008-2009). The financial crisis was triggered by the collapse of the U.S. housing market, which caused panic on Wall Street, the center of global finance in New York. Due to the outsized nature of the U.S. economy compared to other countries and particularly the centrality of U.S. finance for the world economy, the crisis spread quickly to other countries, affecting most regions across the globe. By 2009, global GDP growth was in negative territory, with international credit markets frozen, international trade contracting, and tens of millions of workers being made unemployed.
Global similarities, global differences
Since the 1980s, the world economy had entered a period of integration and globalization. This process particularly accelerated after the collapse of the Soviet Union ended the Cold War (1947-1991). This was the period of the 'Washington Consensus', whereby the U.S. and international institutions such as the World Bank and IMF promoted policies of economic liberalization across the globe. This increasing interdependence and openness to the global economy meant that when the crisis hit in 2007, many countries experienced the same issues. This is particularly evident in the synchronization of the recessions in the most advanced economies of the G7. Nevertheless, the aggregate global GDP number masks the important regional differences which occurred during the recession. While the more advanced economies of North America, Western Europe, and Japan were all hit hard, along with countries who are reliant on them for trade or finance, large emerging economies such as India and China bucked this trend. In particular, China's huge fiscal stimulus in 2008-2009 likely did much to prevent the global economy from sliding further into a depression. In 2009, while the United States' GDP sank to -2.6 percent, China's GDP, as reported by national authorities, was almost 10 percent.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
India IN: Real(GDP) Gross Domestic Productper Capita data was reported at 6,645.880 USD in 2021. This records an increase from the previous number of 6,194.730 USD for 2020. India IN: Real(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 3,129.855 USD from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 6,714.500 USD in 2019 and a record low of 1,647.370 USD in 1991. India IN: Real(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.GGI: Governance: Economic Environment and Growth: Non OECD Member: Annual.
https://www.worldbank.org/en/about/legal/terms-of-use-for-datasetshttps://www.worldbank.org/en/about/legal/terms-of-use-for-datasets
I want to understand the effect of liberalisation, privatisation and globalisation in Indian lifestyle and economy for last 26 years.
This file contains critical economic indicators (Employment, Unemployment, Labor force etc.) and some social indicators (Population, birth rate, death rate etc.) of India since the inception of liberalisation, privatisation and globalisation in 1991 till 2016.
Raw data is taken from World Bank site and used under their license. Data Cleaning is completely done by me.
CC0 1.0 Universal Public Domain Dedicationhttps://creativecommons.org/publicdomain/zero/1.0/
License information was derived automatically
Over the last four years since the macroeconomic crisis in 1991, the Indian economy has undergone substantial changes. Almost all areas of the economy have been opened to domestic and foreign private investment. Import licensing restrictions on intermediates and capital goods have been virtually eliminated. Tariffs have been significantly reduced and full convertibility has been established for current account transactions. In the financial sector, prudential regulations that meet international standards have been introduced; banks now have significantly more discretion in their lending decisions; financial markets have been liberalized; and entry restrictions have been eliminated. The external accounts have strengthened considerably and, although still a major obstacle to higher growth, central fiscal imbalances are lower. This report highlights a large unfinished agenda. First, all reforms, which are part of the program articulated since 1991, need to be followed through to completion. In addition, agriculture, which historically has contributed extensively to poverty reduction, requires a more focused effort. Second, an urgent and appreciable improvement in public savings - embracing reduction of the fiscal deficits of the central and state governments, and improving substantially the efficiency of public enterprises - is necessary. It is critical for restoring the capacity of the public sector to invest and for accommodating higher levels of private investment. Such levels of total investment, particularly in infrastructure and social services such as primary education, are needed to achieve and sustain rates of growth and poverty reduction comparable to higher performing countries in Asia. Third, failure to correct fiscal imbalances would implicate and ultimately undermine external sector policies. Over the last two years, the challenge has been to prevent surpluses in the capital account from causing the nominal and real exchange rates to appreciate, and thereby, from reducing export growth. Careful and cautious management of these external accounts needs to continue in the foreseeable future, whether the challenge is large capital inflows or outflows. At the same time, international experience indicates that a strong fiscal position has a central role in managing effectively the capital and current accounts of the balance of payments. Fourth, in an economy which was driven for four decades by increases in public investment, maintaining dynamic growth requires a dramatic increase in private investment in infrastructure. Recent changes in the policy framework provide ample scope for this needed private sector involvement, and private investors have expressed interest in participating in the sector.
The gross domestic product (GDP) in current prices in Japan was about 4.03 trillion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 2.90 trillion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 960 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
India: GDP per capita, Purchasing Power Parity: The latest value from 2024 is 9817 U.S. dollars, an increase from 9302 U.S. dollars in 2023. In comparison, the world average is 27291 U.S. dollars, based on data from 177 countries. Historically, the average for India from 1990 to 2024 is 4873 U.S. dollars. The minimum value, 2179 U.S. dollars, was reached in 1991 while the maximum of 9817 U.S. dollars was recorded in 2024.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
<ul style='margin-top:20px;'>
<li>India GNP for 2022 was <strong>3.395 trillion US dollars</strong>, a <strong>10.77% increase</strong> from 2021.</li>
<li>India GNP for 2021 was <strong>3.064 trillion US dollars</strong>, a <strong>15.13% increase</strong> from 2020.</li>
<li>India GNP for 2020 was <strong>2.662 trillion US dollars</strong>, a <strong>7.53% decline</strong> from 2019.</li>
</ul>GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.
The statistic shows the inflation rate in India from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2024, the inflation rate in India was around 4.67 percent compared to the previous year. See figures on India's economic growth for additional information. India's inflation rate and economy Inflation is generally defined as the increase of prices of goods and services over a certain period of time, as opposed to deflation, which describes a decrease of these prices. Inflation is a significant economic indicator for a country. The inflation rate is the rate at which the general rise in the level of prices, goods and services in an economy occurs and how it affects the cost of living of those living in a particular country. It influences the interest rates paid on savings and mortgage rates but also has a bearing on levels of state pensions and benefits received. A 4 percent increase in the rate of inflation in 2011 for example would mean an individual would need to spend 4 percent more on the goods he was purchasing than he would have done in 2010. India’s inflation rate has been on the rise over the last decade. However, it has been decreasing slightly since 2010. India’s economy, however, has been doing quite well, with its GDP increasing steadily for years, and its national debt decreasing. The budget balance in relation to GDP is not looking too good, with the state deficit amounting to more than 9 percent of GDP.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
<ul style='margin-top:20px;'>
<li>India population growth rate for 2022 was <strong>0.79%</strong>, a <strong>0.03% decline</strong> from 2021.</li>
<li>India population growth rate for 2021 was <strong>0.82%</strong>, a <strong>0.15% decline</strong> from 2020.</li>
<li>India population growth rate for 2020 was <strong>0.97%</strong>, a <strong>0.07% decline</strong> from 2019.</li>
</ul>Annual population growth rate for year t is the exponential rate of growth of midyear population from year t-1 to t, expressed as a percentage . Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
India IN:(GDP) Gross Domestic Productper Person Employed: 2017 PPP data was reported at 19,110.099 Intl $ in 2022. This records an increase from the previous number of 18,763.525 Intl $ for 2021. India IN:(GDP) Gross Domestic Productper Person Employed: 2017 PPP data is updated yearly, averaging 10,482.615 Intl $ from Dec 1991 (Median) to 2022, with 32 observations. The data reached an all-time high of 19,110.099 Intl $ in 2022 and a record low of 5,731.873 Intl $ in 1991. India IN:(GDP) Gross Domestic Productper Person Employed: 2017 PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s India – Table IN.World Bank.WDI: Employment and Unemployment. GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2017 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.;World Bank, World Development Indicators database. Estimates are based on employment, population, GDP, and PPP data obtained from International Labour Organization, United Nations Population Division, Eurostat, OECD, and World Bank.;Weighted average;
https://dataful.in/terms-and-conditionshttps://dataful.in/terms-and-conditions
The dataset contains year- and month-wise compiled data on policy rates fixed by Reserve Bank of India (RBI) for various financial policy and securities. These include data relating to Policy Repo Rate, Reverse Repo Rate, Marginal Standing Facility (MSF) Rate, Bank Rate, Base Rate, MCLR (Overnight), Term Deposit Rate greater than Year, Savings Deposit Rate, Call Money Rate (Weighted Average), 91, 182, 654-Day Treasury Bill (Primary) Yield, 10-Year G-Sec Par Yield (FBIL), etc.
Notes:
Genesis One of the main task of the statistical system of a country is to provide the planners and policy makers with information on various aspects of economic' social and related activities in terms of its contribution to national economy and life, are available on a time series basis. Information on some other activities, though small in terms of its economic contribution but huge in terms of participating employment, was sparsely available through type studies and pilot surveys. In order to bridge the data gaps in these unrecorded but visible economic activities, the Central Statistical Organization (CSO) had embarked upon a programe of bationwide census of all economic activities, called the Economic Census (EC) which was followed by periodic detailed enquiries on a sample basis.
EARLIER CENSUSES
ECONOMIC CENSUS (EC 1977)
1.2 The first Economic Census to collect information in the non-agricultural economy was conducted in 1977, wherein the coverage was restricted only to non-agricultural enterprises employing at least one hired worker on a fairly regular basis. The census was undertaken with the participation of the Directorate of Economics & Statistics in various States/UTS by utilizing the services of persons appointed on a temporary/part-time basis. All the States/UTS of India, except the Union Territory of Lakshadweep were covered in the census. The EC 1977 adopted a dual approach; viz. (i) house listing approach for the urban areas and also for villages with a population of more than 5,000 as per 1971 population census in rural areas and (ii) village level enquiry for the remaining villages in the rural areas.
1.3 An establishment slip for recording the activity carried on, number of persons usually working with hired components, location and other basic characteristics including value of output/turnover was canvassed. However, in case of manufacturing activity details about the output were also collected for important items. A schedule giving village amenities was also canvassed with details of various services available and the distance from the village to avail such facilities.
1.4 Reports based on the data of EC 1977 at State/UT and all-India levels were prepared and published. Tables giving the activity group wise distribution of establishments with selected characteristics and with rural and urban break-up were generated. State-wise details for major activities and size class of employment, inter-alia, were also presented in tables. 1.5 The census was followed by detailed sample surveys during 1978-79 and 1979-80 covering the enterprises engaged in Manufacturing, Trade, Hotels & Restaurants, Transport, Storage & Warehousing and services. Detailed information on employment, emoluments, capital structure, input, etc. was collected. The data were disseminated in the form of reports giving all important characteristics on each of the concerned subject.
ECONOMIC CENSUS - 1980 (EC 1980)
1.6 As the Economic Census covers a large number of small units which are subjected to high rate of mobility and mortality, the census is required to be conducted at frequent intervals, generally not exceeding 5 years, to understand the structural changes and the status of entrepreneurial activities. Economic census being an independent one exclusively conducted for the purpose, large administrative and field machinery was required for its operation. The operations of the Census involve listing of addresses of enterprises through household approach and therefore, it was considered economical and expedient to organize the second Economic Census along with the houselisting operations of population census. The second Economic Census was thus conducted in 1980, alongwith the house listing operations of the population Census, 1981. All enterprises, engaged in economic activities - both agricultural and non-agricultural, whether employing any hired worker or not, were covered, except those engaged in crop production and plantation. Thus as against only non-agricultural establishments covered in the first Economic Census the second Economic Census covered all enterprises. All States/UTs were covered, except Assam, where the population Census, 1981 was not conducted.
1 .7 The information on location of enterprises, description of economic activity carried on, nature of operation, type of ownership, social group of owner, use of power, total number of workers usually engaged with its hired component and break-up of male and female workers was collected. The entire field work was done by the field staff consisting of enumerators and supervisors employed in the Directorate of Census operations of each State/UT. The State Directorates of Economics & Statistics were also associated in the supervision of field work, data processing and preparation of State reports of Economic Census and their publication.
1.8 The tabulation for Economic Census 1980 consisted of generation of two series of tables (A' series and 'B' series) with different sets of groupings for minor and major activities as also for agricultural and non-agricultural sectors. Summary statements which basically provide the sampling frame and planning material for enterprise surveys to be followed up were generated for each State/District separately for rural and urban areas. Series
A' gives the number of own- account enterprises and establishments with relevant characteristics Classified according to nature for economic activity. Series 'B' gives the principal characteristics of own-account enterprises and establishments classified by size class of total employment for each economic activity. The results have been published at State/All-India level.
1988-89 - Transport and Hotels & Restaurants, 1989-90 - Unorganized Manufacturing Establishments, 1990-91 - Trade Sector, 1991-92 - Medical, Educational, Cultural & other services.
1.10 In 1987-88, an updation of the sampling frame was done for 64 Class I cities/towns where identification of first stage units posed problems due to changes in urban structure. This information was used to conduct sample surveys after 1987-88.
ECONOMIC CENSUS -1990 (EC-1990)
1.11 The need for conducting regular economic census giving the details of entrepreneurial activities in agricultural and non-agricultural sectors was felt by various statistical for a academic and research institutions. Accordingly a Central Plan Scheme was prepared which was approved with a budget allocation of Rs.15.47 crores. The scheme was given to the Department of Statistics for implementation.
1.12 A unit headed by a Joint Director was formed in the Economic Census and Surveys Division of the Central Statistical Organization with the responsibility of overseeing the field work and its completion, data processing and publication of results. The unit functioned under the guidance of the Director of Economic Census and Surveys Division.
1.13 The scope and coverage of the Economic Census was finalized by a Technical Advisory Group ( TAG) represented by the Planning Commission, Office of the Registrar General and Census Commissioner, Ministry of Industry, Ministry of Labour, National Sample Survey Organization, Computer Centre of the Department of Statistics, Reserve Bank of India, State Directorates of Economics & Statistics, some of the Universities and Institutions. The main task of the TAG was to outline the details of the conduct of third Economic Census and synchronizing that with the house listing operations of the Population Census 1991. The terms of reference of the TAG were as follows:
a) To advise on the scope, coverage and concepts of the third Economic Census;
b) To lay down procedures for ensuring that the open air enterprises like mines, quarries, brick kilns are covered in third Economic Census;
c) To examine the feasibility of adopting urban frame survey blocks as units of enumeration in urban areas;
d) To finalize the tabulation programme and advise on the decentralization of tabulation work.
The TAG was assisted by three Sub- Groups. Viz. (i) sub-Group I to deal with the concepts, definitions and items coverage etc., Sub-Group II to examine the feasibility of adopting urban frame survey blocks and of conducting post enumeration checks and Sub-Group III to deal with the tabulation programmes and data processing.
WORK PLAN
1.14 The third Economic census was conducted along with the house listing operations of the population census, 1991 on the same pattern of Economic Census, 1980 which was taken up in all the states/UTS except Jammu & Kashmir where the population census, 1991 was not undertaken. The Registrar General and census commissioner of India and the Directors of census operations of states/UTS were given the job of organization and coordination of field work. The enumerators and supervisors involved in the operations of Economic census were given prior training at different levels. The Directorates of Economics & statistics in states/UTS were associated in the entire programme.
FORMS AND ITEMS OF INFORMATION COLLECTED
1.15 In most of the States, the enumeration work was completed between April - 1990. All particulars relating to an enterprise were collected in a form called `Enterprise List' (Annexure I). The items of
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about India Foreign Direct Investment
CC0 1.0 Universal Public Domain Dedicationhttps://creativecommons.org/publicdomain/zero/1.0/
License information was derived automatically
This data set uses political reservations for women in India to study the impact of women's leadership on policy decisions. Using a dataset we collected on 265 village councils in West Bengal and Rajasthan, we compare the type of public goods provided in reserved and unreserved village's councils. Data sets based upon information provided by GP Pradhans, local villagers, and the 1991 Indian Census.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Industrial Production in India increased 1.20 percent in May of 2025 over the same month in the previous year. This dataset provides - India Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The statistic shows the growth of the real gross domestic product (GDP) in India from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, India's real gross domestic product growth was at about 6.46 percent compared to the previous year. Gross domestic product (GDP) growth rate in India Recent years have witnessed a shift of economic power and attention to the strengthening economies of the BRIC countries: Brazil, Russia, India, and China. The growth rate of gross domestic product in the BRIC countries is overwhelmingly larger than in traditionally strong economies, such as the United States and Germany. While the United States can claim the title of the largest economy in the world by almost any measure, China nabs the second-largest share of global GDP, with India racing Japan for third-largest position. Despite the world-wide recession in 2008 and 2009, India still managed to record impressive GDP growth rates, especially when most of the world recorded negative growth in at least one of those years. Part of the reason for India’s success is the economic liberalization that started in 1991and encouraged trade subsequently ending some public monopolies. GDP growth has slowed in recent years, due in part to skyrocketing inflation. India’s workforce is expanding in the industry and services sectors, growing partially because of international outsourcing — a profitable venture for the Indian economy. The agriculture sector in India is still a global power, producing more wheat or tea than anyone in the world except for China. However, with the mechanization of a lot of processes and the rapidly growing population, India’s unemployment rate remains relatively high.