Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
• Democracy
• Mixed Economy
• Economic Reforms - LPG Liberalisation Privatisation and
Globalisation -began in 1991 under P V Narasimha Rao
and Finance Minister Manmohan Singh
• India started off 12 years after China and hence is
struggling to catch up
•
•
Some facts about China
• Mixed Economy
• Third largest after US and Japan with nominal GDP 4.32
trillion
• sustained GDP growth of over 10% in the last 30 years
• Economic reforms started in 1978, foreign trade grew
faster than GDP for 25 years
• Big Push Strategy – 1949-1980. Government directed
efforts to install new factories.
• Economic reforms – 1978 – 1990
•
Some facts about China
1.22 T
Comparison of GDP Growth Rate
Sector Contribution as a % of GDP
Life Expectancy
Literacy Rate
Imports as a % of GDP
30.
3%
28.
4%
Exports as a % of GDP
35
%
Emission of Carbon dioxide
(In metric tons per capita)
The Main Imports
India
China
• Crude Oil • Electrical machinery
• Machinery • Petroleum and related products
• Gems • Professional and scientific
• Fertilizers and chemicals instruments
• Chemicals • Clothes
• Toys and bags
Bilateral Trade
523.5M 807 . 7M
Investment and FDI
India
China
• Investments (Gross Fixed) : • Investments (Gross Fixed) :
39% of GDP 40.9% of GDP
•
•
• Inflation Rate (Consumer
• Inflation Rate (Consumer
Prices) – -1.2% .
Prices) – 8.3% .
•
• • FDI – 70 Billion US $
• FDI – 36.7 Billion US $ •
A Glance
Agriculture
INDIA
India 17.2%
Industry
GDP - $ 4.33 Trillion
GDP (PPP) - $ 7.8 Trillion India 29.1%
Growth Rate -9.1 % China 48%
Doubling Period - 7.9 Years
The Big Picture …
INDIA CHINA
Lower GDP per capita GDP per capita two times higher than
India’s.
4758404CrM3
India China
Monetary Policy
Tools of China ’ s
Monetary Policy
Reserve Requirement Ratio15.5%
Central Bank Base Interest Rate
5.31%
Rediscounting
3.24%
Open Market Operation
Tools of India’s Monetary Policy
INDIA CHINA
SLR 25% -