The current NDP of India in regards to its economic growth rate is determined to be at one percent for this quarter in growth.
population growth rate of India--- 1.578% current population---- 1,147,995,904(Jul.2008) population growth rate of India--- 1.578% current population---- 1,147,995,904(Jul.2008)
51%
The population rate of growth is declining in India because of rapid decline in birth rate since 1981.The reasons responsible for this rapid decrease are as follow: 1.Lack of proper medical facility. 2.Lack of proper knowledge against diseases. 3.Lack of proper education and literacy rate.
The growth rate of India's population is faster than the population of China due to less rigid fertility control measurement of India's government.
The current NDP of India in regards to its economic growth rate is determined to be at one percent for this quarter in growth.
Very large poverty rate and their low literacy rate
India followed a 'fixed exchange rate' system till the economic crisis of 1991.At present India is following 'floating exchange rate'following link will help you to understand:(http://indianblogger.com/foreign-exchange-rate-determination-in-india/)thank you
Unemployment rate
population growth rate of India--- 1.578% current population---- 1,147,995,904(Jul.2008) population growth rate of India--- 1.578% current population---- 1,147,995,904(Jul.2008)
economic growth is the annual rate of increase in total production or income in the economy
so you have a debt
The growth rate of banking sector in India is averaged to be at abut 4% per annum. The poverty levels are the main contributors to this pace of growth.
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
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Economic growth can be measured in nominal terms, which include inflation. The growth of an economy is thought of not only as an increase in productive.
Economic growth can be achieved by profitable businesses, consumers making purchases and an even production rate and consumer rate also plays a role.