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Indian Economy
Essay specific features
Written by:
Scott H
Date added:
October 1, 2015
Level:
University
Grade:
A
No of pages / words:
2 / 330
Was viewed:
6084 times
Rating of current essay:
Essay content:
It is also the third largest in the world when measured in terms of Purchasing Power Parity (PPP). The GDP growth rate for the fiscal year 2006-2007 was 9.4% making it the second fastest growing economy in the world, second only to China. However, India is classified as low-income economy due to its high population, resulting in a per capita income of $4,542 at PPP and $1,089 at nominal (revised 2007 estimate) [source: CIA - The World Factbook - India...
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However, India is classified as low-income economy due to its high population, resulting in a per capita income of $4,542 at PPP and $1,089 at nominal (revised 2007 estimate) [source: CIA - The World Factbook - India. CIA (2007-09-20)]
Agriculture is still the source of livelihood for two-third of the Indian population...
displayed 300 characters
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