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      • Indian Economy
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      Indian Economy

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      The Indian Economy is one of the fastest-growing and largest in the world, characterized by a mix of agriculture, industry, and a rapidly expanding services sector. India’s economy is diverse, driven by agriculture, information technology, manufacturing, and retail, contributing to its global economic influence. As of 2024, India ranks among the top five economies globally by nominal GDP, making it a significant player in global trade, investment, and policymaking.

      Historically, India’s economy has evolved from agrarian roots to becoming a major hub for manufacturing and technology services. Economic liberalization in 1991 marked a turning point, introducing reforms like foreign direct investment (FDI), privatization of state-owned enterprises, and deregulation, propelling growth. Today, India is known for its strong IT sector, pharmaceuticals, textiles, automobile manufacturing, and a booming start-up ecosystem, with hubs like Bengaluru, Hyderabad, and Gurugram becoming centers of innovation.

      The Indian economy is largely dependent on sectors like agriculture, which employs around 42% of the workforce, contributing significantly to the GDP. Major crops include rice, wheat, cotton, and sugarcane, while the Green Revolution and modern irrigation techniques have boosted productivity. The services sector, particularly IT, telecom, and financial services, has emerged as a key driver of growth, contributing over 55% of the GDP.

      India's economic policies are shaped by government initiatives like Make in India, Digital India, and Atmanirbhar Bharat (Self-Reliant India), aimed at boosting domestic production, technology adoption, and exports. The economy, however, faces challenges such as unemployment, poverty, regional disparities, and an informal sector that employs a significant portion of the workforce. Inflation control, fiscal consolidation, and infrastructure development are central to the government’s agenda.

      7 Reasons Indians Should Feel Good About India, According To Singapore’s Dy PM
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      7 Reasons Indians Should Feel Good About India, According To Singapore’s Dy PM  

      - By Govindraj Ethiraj   |   28 April 2016 2:06 PM IST

      Why You Will Find It Tougher To Get A Job In 2016
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      Why You Will Find It Tougher To Get A Job In 2016  

      - By Govindraj Ethiraj   |   2 May 2016 7:18 PM IST

      Employment Is NOT Entitlement
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      Employment Is NOT Entitlement  

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      Is Unsound Growth Accounting Bolstering India’s GDP?
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      Is Unsound Growth Accounting Bolstering India’s GDP?  

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      Could Raghuram Rajans Exit Have Been Managed Better?
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      Could Raghuram Rajan's Exit Have Been Managed Better?  

      - By Govindraj Ethiraj   |   20 Jun 2016 1:29 PM IST

      Why Things Look Good For India’s Cement Makers
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      Why Things Look Good For India’s Cement Makers  

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      India Unable To Occupy Low-End Manufacturing Space Vacated By China: Ruchir Sharma
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      India Unable To Occupy Low-End Manufacturing Space Vacated By China: Ruchir Sharma  

      - By A Staff Writer   |   4 July 2016 12:45 AM IST

      Making Federalism Work For India
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      Making Federalism Work For India  

      - By Govinda Rao   |   11 July 2016 1:47 PM IST

      India Must Do More For Those Left Behind
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      India Must Do More For Those Left Behind  

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      RBI Keeps Rates Unchanged: 5 Things You Need To Know
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      RBI Keeps Rates Unchanged: 5 Things You Need To Know  

      - By Karen Rebelo   |   8 Feb 2017 5:49 PM IST

      India Falls Two Positions, Now 7th Largest Economy Globally: World Bank Data
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      India Falls Two Positions, Now 7th Largest Economy Globally: World Bank Data  

      - By Mohammed Kudrati   |   2 Aug 2019 7:05 PM IST

      PM Narendra Modis Independence Day Speech: Chief Of Defence Staff & Other Key Announcements
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      PM Narendra Modi's Independence Day Speech: Chief Of Defence Staff & Other Key Announcements  

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