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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.

      Indias FY21 GDP Could Shrink As Much As 15%, Research Suggests
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      India's FY21 GDP Could Shrink As Much As 15%, Research Suggests  

      - By Mohammed Kudrati   |   11 Sept 2020 2:50 PM IST

      Why Claims Of US, Canada GDP Falling More Than India Are Misleading
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      Why Claims Of US, Canada GDP Falling More Than India Are Misleading  

      - By Mohammed Kudrati   |   4 Sept 2020 5:09 PM IST

      Explained: Why India Is Saving More And Borrowing Less
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      Explained: Why India Is Saving More And Borrowing Less  |  Watch Video 

      - By Govindraj Ethiraj   |   28 Aug 2020 4:07 PM IST

      Can Adopt Shenzhen Model To Become Export-oriented: Arvind Panagariya
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      Can Adopt Shenzhen Model To Become Export-oriented: Arvind Panagariya  |  Watch Video 

      - By Govindraj Ethiraj   |   24 Aug 2020 7:27 PM IST

      18.9 Million Salaried Indians Lost Their Jobs Since April: CMIE
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      18.9 Million Salaried Indians Lost Their Jobs Since April: CMIE  

      - By Mohammed Kudrati   |   20 Aug 2020 6:26 PM IST

      Explained: Transparent Taxation Platform Launched By PM Modi
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      Explained: Transparent Taxation Platform Launched By PM Modi  |  Watch Video 

      - By Govindraj Ethiraj   |   14 Aug 2020 8:41 PM IST

      Non-Performing Assets: 5 Things A Depositor Should Know
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      Non-Performing Assets: 5 Things A Depositor Should Know  |  Watch Video 

      - By Govindraj Ethiraj   |   15 July 2020 4:19 PM IST

      Retailers Suffer As China Shipments Delayed
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      Retailers Suffer As China Shipments Delayed  |  Watch Video 

      - By BOOM   |   5 July 2020 11:38 PM IST

      Should India Ban Chinese Investments? No, Say Experts
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      Should India Ban Chinese Investments? No, Say Experts  |  Watch Video 

      - By Govindraj Ethiraj   |   20 Jun 2020 8:30 PM IST

      Employment Rate On The Rise, But Not Salaried Jobs: Mahesh Vyas
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      Employment Rate On The Rise, But Not Salaried Jobs: Mahesh Vyas  |  Watch Video 

      - By Govindraj Ethiraj   |   19 Jun 2020 6:03 PM IST

      BJP Manifesto: National Security, Ram Mandir, Sabarimala And Other Key Highlights
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      BJP Manifesto: National Security, Ram Mandir, Sabarimala And Other Key Highlights  

      - By Anmol Alphonso   |   8 April 2019 4:28 PM IST

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