INDIA 2020 - Economic

Aspects

Prepared By
Mishul Das
 AGENDA
• India 2020 - Vision
• Strategies towards India 2020
• Economy
• Education
• Agriculture
• Manufacturing Industries
• Power and energy
• Infrastructure
• IT and communication
• Healthcare
• Conclusion
• References
 Dr. Abdul Kalam vision
India-2020
• Agriculture and food processing -- target of doubling the
present production of food and agricultural products by
2020.

• Infrastructure with reliable and quality electric power.

• Education and Healthcare: To provide social security and

eradication of illiteracy and health for all.

• Information and Communication Technology: This is one of

our core competencies and wealth generator.

• Critical technologies and strategic industries witnessed the

growth in nuclear technology, space technology and defence
technology”.
What should India do?
1. Work out a feasible strategy
for a high rate of growth.
2. Harness global
opportunities in important
economic sectors.
3. Manage key economic
resources efficiently.
4. Invest in important enablers
of economic performance.
5. Recognize the global saving
 Economy of India

• GDP $1.209 trillion & GDP per capita

$1016.

• GDP by sector agriculture: 17.2%,

industry: 29.1%, services: 53.7% .

• The 12th largest economy in the world by

market exchange rates and the 4th
largest on PPP basis.

• Accounts for 1.5% of World trade .

 Education
• Knowledge is the single most
important economic resource today.

• India spends 3.2% of its GDP on

education.

• Reverse brain drain.

• Emerging Educational hub.

 AGRICULTURE
• Contributing 25% to the National GDP at present.
• India has 400 million acres of irrigated land and 75
million acres of wasteland at its disposal.
• If Middle East is the energy base of the world, why
can’t India be the food base for the world?

Need:
• Enhance yield of major commodities
• Integrated nutrient management
• Accent on diversification of agriculture
• Water management
 POWER AND ENERGY
• Electricity, gas & water supply performed well
and recorded an impressive growth rate of
8.3% .

Need:
Augment hydro generation
Nuclear power with fast breeder plant
Emphasis on clean and renewable energy
 INFRASTRUCTURE
• There is a direct connection between
infrastructure and growth drivers.
• Some commendable initiatives have
already been taken in the road sector
(Like Golden Quadrangle).
• Investments requires in rural roads,
ports, harbors and airports.
 MANUFACTURING
INDUSTRIES
• Contributing 25% to the National GDP at present.
• Manufacturing industry to record growth rate of
12% and above

How manufacturers do business in 2020

Globalisation
Changing nature of supply chain
Key regional difference
 Healthcare
• Introduction of Telemedicine.

• Biotechnology

• Medical Transcription.

• Conducting research and clinical trial.

• Resurge in pharmaceutical industry.

• Medical Tourism.
COMMUNICATION AND IT
• Animation and Gaming.

• Exploring new markets.

• E-governance.

• Revenue generation.

• Software development.
 CONCLUSION
In conclusion , we believe that the missions
when integrated and implemented with a
national focus , will result actions which will
shape the second vision of the nation.

We therefore have a dream. Our dream is

that both our houses of parliament would
adopt a resolution for the second vision of a
great nation : ‘India will transform into a
Developed nation before the year 2020.
 REFERENCES
• www.google.com
• www.scribd.com
• www.wikipedia.com
• www.slideshare.com