17. Growth of Services & Industry is high, but Agriculture… Source:India stats.com.
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19. Source: Ministry of Statistics and Program Implementation, Government of India. The Government of India says that 22% of India’s population is below the poverty line.*
32. Other Important Comparison: Source: CIA world fact book Categories Brazil Russia India China Population 5th 9th 2nd 1st Labour force 5th 6th 2nd 1st GDP (nominal) 10th 8th 12th 3rd Exports 21st 11th 23rd 1st Imports 27th 17th 16th 2nd Current account balance 47th 5th 169th 1st Received FDI 11th 12th 29th 5th Foreign exchange reserves 7th 3rd 5th 1st
34. Current Scenario IT-ITeS Industries Source : Department of Information Technology (DIT) Item 2006-07 2007-08 2008-09 IT Software & Service Employment (million) 1.62 2.01 2.20 ITeS Revenue from the Domestic Market (US $ billion) 8.2 11.7 12.4 Total Software & Service Exports (US $ billion) 31.1 40.4 46.3 IT-IT-enabled Services Revenue(including Hardware) 47.8 64.1 70.5
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Editor's Notes
Nominal GDP It can be misleading when inflation is not accounted for in the GDP figure because the GDP will appear higher than it actually is. The same concept that applies to return on investment (ROI) applies here. If you have a 10% ROI and inflation for the year has been 3%, your real rate of return would be 7%. Similarly, if the nominal GDP figure has shot up 8% but inflation has been 4%, the real GDP has only increased 4%.
FOB: Flight on board
The Gini coefficient is usually defined mathematically based on the Lorenz curve (below). It can be thought of as the ratio of the area that lies between the line of equality and the Lorenz curve (marked 'A' in the diagram) over the total area under the line of equality (marked 'A' and 'B' in the diagram); i.e., G=A/(A+B). The Gini coefficient can range from 0 to 1; it is sometimes multiplied by 100 to range between 0 and 100. A low Gini coefficient indicates a more equal distribution, with 0 corresponding to complete equality, while higher Gini coefficients indicate more unequal distribution, with 1 corresponding to complete inequality. To be validly computed, no negative goods can be distributed. Thus, if the Gini coefficient is being used to describe household income inequality, then no household can have a negative income. When used as a measure of income inequality, the most unequal society will be one in which a single person receives 100% of the total income and the remaining people receive none (G=1); and the most equal society will be one in which every person receives the same percentage of the total income (G=0).
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