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Transformation of Indian Economy: An Overview

Preeti Phuskele (Author)
Synopsis The Indian economy is on the fast-track expansion path. This is reflected in simultaneous rise in every area of the economy, for instance; bank credit diversification, buoyancy in the farm sector, remarkable performance in the manufacturing and services sectors, accompanied by rise in exports and massive inflows through Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII) routes. The growth of India represents a rosy picture with overall increase in the returns, employment opportunities, GDP etc. Indian economy has recorded growth of 9.4 percent during 2006-07 as compared to 9 percent in 2005-06. Industrial and service sector has also recorded growth of 10.9 and 11 percent rise in 2006-07 as compared to 9.6 and 9.8 percent in 2005-06. Moreover, India has the highest number of billionaires in Asia and fourth highest in the world. The fast growing stock market has established India as the fastest growing wealth creator. The overall growth of Indian economy is motivating young Indians to take the benefit of the demographic dividend and increasing employment opportunities. This book is a significant contribution as it tries to describe the true picture of the current position of the Indian Economy. It not only focuses on the improvement, but also focuses on the areas which still need improvement to be on par with global standards. It is a "must read" for all students, researchers and academicians.
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About the author

Preeti Phuskele

Preeti Phuskele holds a bachelor's degree in Commerce and a master's degree in Business Economics from Indore University. She is currently working as a Consulting Editor at Icfai Business School Research Centre, Pune. Prior to joining Icfai, she worked for various management colleges at Indore and Pune and also as Assistant Manager for an export oriented unit. Her areas of interest include macroeconomics, international economics, and financial industry.

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Bibliographic information

Title Transformation of Indian Economy: An Overview
Format Hardcover
Date published: 05.10.2008
Edition 1st ed.
Language: English
isbn 9788131419014
length 284p.