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  India profiles on:
  India statistics
  - Population 1124.79 mln
  - Population growth 1%
  - Life expectancy 65 years
  - Net migration -1,350,000
  - GDP $2.15 bln
  - - per capita $950
  - - growth rate 9%
  - FDI, net inflows $2.15 bln
  - Cellphone users 21%
  - Internet users 7%
  - High-tech exports 5%

Global Economic Crisis: Impact and Restructuring of the Services Sector in India

Global Economic Crisis: Impact and Restructuring of the Services Sector in India

The Indian economy has shown considerable resilience to the global economic crisis by maintaining one of the highest growth rates in the world. The services sector accounted for around 88% of the growth rate in real gross domestic product in 2008–09. To demystify the relatively resilient growth of the services sector in India, this study examines both the demand-side and the supply-side factors that have contributed to its growth. To assess the role of external demand, income elasticity of more...

Added by

Sonia Hossain on October 5, 2011

Internet matters: The net’s sweeping impact on growth, jobs, and prosperity

Internet matters: The net’s sweeping impact on growth, jobs, and prosperity

mckinsey.com –

The Internet is a vast mosaic of economic activity, ranging from millions of daily online transactions and communications to smartphone downloads of TV shows. But little is known about how the Web in its entirety contributes to global growth, productivity, and employment. New McKinsey research into the Internet economies of the G-8 nations as well as Brazil, China, and India, South Korea, and Sweden finds that the Web accounts for a significant and growing portion of global GDP. Indeed, if more...

Added by

Farina Ahmed on May 26, 2011

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