PROJECT NAME INDIAN ECONOMY NAME:VIRENDER CLASS: 10 TH A ROLL NO.: 36.

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PROJECT NAME INDIAN ECONOMY NAME:VIRENDER CLASS: 10 TH A ROLL NO.: 36

Economic Performance ( ) A Specific Pattern of Development Is the Growth Model Sustainable? Current Policy Issues Long-Term Prospects- Potential Growth

One of the most dynamic economy in the world International trade: behind China in trade of goods, but a major exporter of services Still very poor: a slow convergence of income with industrialised economies

Scenarios: Recent studies have raised potential growth to 7-8%, based on higher investment and strong institutions. Potential may not be realised: a return to a lower growth path « Evolution of the Indian Economy, 23 February 2006 »