It's capital is New Delhi and its currency is Indian rupees India is the 6º largest economyby nominalGDP. Itsnational debtin 2023 was(2,961,799 millions of dollars), ( 83.02% debt-to-GDP ratio) and its public debt per capita is$2,060 dollars per inhabitant. ...
the BJP has sought to compel uniformity in three ways: through imposing the main language of the north, Hindi, in states where it is scarcely spoken and where it is seen as an unwelcome competitor to the local language; through promoting the cult of Modi as the only leader of any conseque...
The Stockholm International Peace Research Institute calculated India’s defense expenditure at 2.4% of GDP in 2023. “By comparison, China, with its much larger economy than India’s, spends about 1.7% of its share of GDP on defense,” Professor Manjeet S. Pardesi, of the Centre for Strat...
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by subnational entities, as well as intragovernmental debt; intragovernmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; debt instruments for the social funds are not sold at public auctions7% of GDP (2017 est.)...
Signs of a focus on education are already visible with the Department of School Education and Literacy being allocated734.98 billion Indian rupees in the recent national budget. Albeit a mere 6.6% of the total budget allocation, this is the highest amount ever allocated to the department. ...
The result is that the huge deficiencies in infrastructure, so visible when this writer first visited the country on a business trip back in the late 1990s, have now been largely addressed. The government’s stated aim is to reduce the cost of logistics from the current 14-16% of GDP to...
The central role that family plays in the lives of Indians cannot be overemphasized. This is just as true in business. In India, family-owned businesses (FOBs) contribute more than 75 percent of national GDP, one of the highest percentages in the world,1 and this is ...
…Personal income tax rates also fell from 50 percent to 30 percent, but once again collections rose, from 1 percent of GDP to almost 2 percent. …economic liberalization has facilitated the rise to the top of a vast array of new entrepreneurs. …In the two decades since 1991, India’s ...
s GDP in fiscal year 2022.Exports from the sectoralso increased gradually over the years. As of financial year 2023,Tata Consultancy Services was the largest IT services company in India, with a market capitalization of 12.7 trillion Indian rupees. At the same time, the sector had an export ...