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The economy of India is a developing dirigisme mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 136th by GDP (nominal) and 125th by GDP (PPP). [60]
The following table shows the annual growth in nominal GSDP for the financial years 2001–02 to 2010–11, released by the Planning Commission of India, in the Indian rupees. [ 1 ] Revised data for the past years differ from the tables below.
In 1820, India's GDP was 16% of the global GDP. By 1870, it had fallen to 12%, and by 1947 to 4%. The Republic of India, founded in 1947, adopted central planning for most of its independent history, with extensive public ownership, regulation, red tape and trade barriers. [ 13][ 14] After the 1991 economic crisis, the central government began ...
List of countries by GDP (nominal) Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [ 2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
10 years, 85 days: 10 years, 85 days: 4 Manmohan Singh: INC: 10 years, 4 days 10 years, 4 days 5 Atal Bihari Vajpayee: BJP: 6 years, 64 days 6 years, 80 days 6 Rajiv Gandhi: INC(I) 5 years, 32 days 5 years, 32 days 7 P. V. Narasimha Rao: INC(I) 4 years, 330 days 4 years, 330 days 8 Morarji Desai: JP: 2 years, 126 days 2 years, 126 days 9 Lal ...
The gross domestic product of India in 1500 was estimated at 24.4% of the world's economy, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of its independence and would only gradually rise after the liberalization of its economy beginning in the 1990s.
Karnataka is one of the highest economic growth states in India with an expected GSDP (Gross State Domestic Product) growth of 9.5% in the 2021–22 fiscal year. [ 4][ 5] The total expected GSDP of Karnataka in 2022–2023 is about $240 billion. [ 5] Karnataka recorded the highest growth rates in terms of GDP and per capita GDP in the last ...
As of 2022, the Virginia property, which was most recently valued at $95,000, was held jointly by Bragg’s uncle and Bragg’s mother’s estate, of which Bragg is the beneficiary.