Presentation on theme: "Sara Hsu. India and geography Independence from Britain in 1947 Nehruvian Socialism."— Presentation transcript:
India and geography Independence from Britain in 1947 Nehruvian Socialism
1947 to 1980 Early growth Droughts and crisis Focus on poverty reduction “License raj” “Hindu rate of growth”
1980 to 1991 Improvements in industrial policy Industrial stagnation in 1988 Balance of payments crisis
1991 through 2000 IMF policies New Economic Policy Reform of banking system Building up to Y2K
2000 to present Aftermath of Y2K Firm relocation to India
Land reform since Independence Goal: Reduction of poverty Green Revolution Characterization of villages
Policy campaigns for reform Fast GDP growth Hyderabad
Nehru Ghandi Rao
India’s reform process really began in 1991 as a result of a balance of payments crisis. Reform opened up trade and made it easier to start a business. Most growth in India is in the skilled services (IT) sector.
“India Shining” is the slogan used starting in 2004 to promote India internationally. The government spent over USD $20 million on television and newspaper ads using this slogan.