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Erschienen in:
2012 | OriginalPaper | Buchkapitel
Development Strategies and Poverty Reduction
verfasst von : R. Nagaraj
Erschienen in: Growth, Inequality and Social Development in India
Verlag: Palgrave Macmillan UK
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With per capita income of US$1,124 at the current exchange rate in 2009 (Government of India, 2010), India is the world’s eleventh largest economy in nominal GDP, and the fourth largest in terms of purchasing power parity (IMF, 2009). With 1.1 billion people accounting for one-sixth of the world population, India’s ranking in per capita income stands at 142nd; its ranking in the human development index is 119th among 169 countries in the Human Development Report, 2010 (United Nations Development Programme, 2010). As with most large countries, India remains a domestic oriented economy with exports of goods and services constituting 26.2 per cent of GDP in 2009–10 (RBI, 2010).