India's economy

For our powerpoint presentation, i had to reached india's economy.
Heres what i have . . .

India's economy :

• India is delvoping into an open-market economy
• An open economy is an economy where there are no barriers to international trade - FREE TRADE : no taxes, no tariffs, no regulation of trade by the government, only property protection

• India's diverse economy compasses traditional village farming, modern agriculture, handicrafts
• Indian development is clever because their economy increased a lot, even if population is still poor for them
• They accomplished a green revolution (a series of research, development, and new  technology), that increased agricultural production in India
• Expanded farming areas
• Double-cropping existing farmland
• Used improved seeds

• It has increased the pace of government - owns more companies

• Both government spending and taxation are among the lowest in the world

• Has limited employment opportunities, and insufficient access to basic and higher education
• Labor force is 467 million people, it is 2 in comparison to the world
• Agriculture : 52%
• Industry : 14%
• Services : 34%

• Unemployment rate is 10.7%, it is 124th in comparison to the world
• Population below the proverty line is 25%

• Industrial production growth rate is 9.35, it is 8th in comparison to the world

• 6th in oil imports with 2.9 million barrels/day

https://www.cia.gov/library/publications/the-world-factbook/geos/in.html

http://www.indiaonestop.com/Greenrevolution.htm