Economy of India | Wikipedia audio article
Channel: wikipedia tts
Date: 2018-12-09

This is an audio version of the Wikipedia Article:
Economy of India


00:02:38 1 History
00:03:20 1.1 Ancient and medieval eras
00:03:29 1.1.1 Indus Valley Civilisation
00:04:17 1.1.2 West Coast
00:05:11 1.1.3 Silk Route
00:06:12 1.2 Mughal era (1526–1793)
00:10:39 1.3 British era (1793–1947)
00:16:52 1.4 Pre-liberalisation period (1947–1991)
00:20:00 1.5 Post-liberalisation period (since 1991)
00:24:05 2 Data
00:24:23 3 Sectors
00:25:09 4 Agriculture
00:28:55 5 Manufacturing
00:30:18 5.1 Petroleum products and Chemicals
00:31:25 5.2 Pharmaceuticals
00:32:32 5.3 Engineering
00:33:58 5.4 Gems and jewellery
00:35:54 5.5 Textile
00:37:13 5.6 Defence
00:37:44 5.7 Pulp and paper
00:38:01 6 Services
00:38:52 6.1 Aviation
00:40:09 6.1.1 Nationalisation
00:40:52 6.1.2 De-regulation
00:42:45 6.2 Banking and financial services
00:45:43 6.3 Financial technology
00:46:28 6.4 Information technology
00:48:11 6.5 Insurance
00:51:10 6.6 Electricity sector
00:54:16 6.7 Infrastructure
00:56:48 6.8 Retail
00:58:25 6.9 Tourism
01:00:19 6.10 Education
01:00:28 6.11 Entertainment industry
01:00:37 6.12 Healthcare
01:01:29 6.13 Logistics
01:02:00 6.14 Printing
01:02:08 6.15 Telecommunications
01:03:20 7 Mining and Construction
01:03:29 7.1 Mining
01:05:30 7.2 Iron and steel
01:05:59 7.3 Construction
01:06:20 8 Foreign trade and investment
01:06:30 8.1 Foreign trade
01:09:38 8.2 Balance of payments
01:12:31 8.3 Foreign direct investment
01:15:09 8.3.1 Outflows
01:15:46 8.4 Remittances
01:16:27 8.5 Mergers and Acquisitions
01:17:06 9 Currency
01:19:41 10 Income and consumption
01:23:12 10.1 Poverty
01:25:04 11 Employment
01:28:44 12 Economic trends and issues
01:29:53 12.1 Agriculture
01:31:57 12.2 Corruption
01:35:02 12.3 Education
01:35:57 12.4 Economic disparities
01:38:06 13 Security markets
01:39:38 14 See also



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SUMMARY
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The economy of India is a developing mixed economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). The country ranks 139th in per capita GDP (nominal) with $2,134 and 122nd in per capita GDP (PPP) with $7,783 as of  2018. After the 1991 economic liberalisation, India achieved 6-7% average GDP growth annually. Since 2014 with the exception of 2017, India's economy has been the world's fastest growing major economy, surpassing China.The long-term growth prospective of the Indian economy is positive due to its young population, corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. India topped the World Bank's growth outlook for the first time in fiscal year 2015–16, during which the economy grew 7.6%. Despite previous reforms, economic growth is still significantly slowed by bureaucracy, poor infrastructure, and inflexible labor laws (especially the inability to lay off workers in a business slowdown).India has one of the fastest growing service sectors in the world with an annual growth rate above 9% since 2001, which contributed to 57% of GDP in 2012–13. India has become a major exporter of IT services, Business Process Outsourcing (BPO) services, and software services with $154 billion revenue in FY 2017. This is the fastest-growing part of the economy.  The IT industry continues to be the largest private-sector employer in India. India is the third-largest start-up hub in the world with over 3,100 technology start-ups in 2014–15. The agricultural sector is the largest employer in India's economy but contributes to a declining share of its GDP (17% in 2013–14). India ranks second worldwide in farm output. The industry (manufacturing) sector has held a steady share of its economic contribution (26% of GDP in 2013–14). The Indian automobile industry is one of the largest in the world with an annual production of 21.48 million vehicles (mostly two and three-wheelers) in 2013–14. India had $600 billion worth of retail market in 2015 and one of world's fastest growing e-commerce markets.