economic outlook of few sectors in 2020

2. India 2020
An idea conceived by
India ‘s ex president late
Dr.A.P.J.Abdul Kalam

3. Initiation of INDIA 2020
India Vision 2020 was initially a document
prepared by the Technology Information,
Forecasting and Assessment Council (TIFAC) of
India's Department of science and
Technology under the chairmanship of Dr. A. P. J.
Abdul Kalam and a team of 500 experts.The plan is
further detailed in the book India 2020: A Vision for
the New Millennium, which Dr. A. P. J. Abdul Kalam
coauthored with Dr. Y.S. Rajan.

4. Areas focused in the book
INDIA 2020
 Food, Agriculture and Processing
 Materials and the Future
 Chemical Wealth
 Chemical Industries and our Biological Health
 Manufacturing for the Future
 Services As People's Wealth
 Strategic Industries
 Health Care for All
 The Enabling Infrastructure
 Evolution of Technology Vision 2020

5. Areas
Focused in
India 2020

6. How will the following sectors impact Indian
economy by 2020
 INFRASTRUCTURE:-Will boost India
economically.
 FINANCE:-Will boost India economically.
 EDUCATION & HEALTHCARE:-Will improve
social structure of our country.
 TECHNOLOGY:-Will help India in space
research, IT etc.

7. . INFRASTRUCTURE AND
INDUSTRIAL DEVELOPMENT
Backbone of
Indian
Vision -2020

8. Infrastructure DEVELOPMENT
The government of India has in 2015 initiated
the following areas in infrastructure
development:-
 RAILWAYS
 ROADWAYS
 AVIATION
 PORTS

9.  RAILWAYS :-
Indian Railways would follow a
two-pronged approach to improve railways.
1. RAISE THE SPEED FROM 160 TO 200 KM/H.
2. IDENTIFY NUMBER OF INTERCITY ROUTES.
 HOW WILL IT BE ACHIEVED?
In partnerships with the State Governments
 IMPACT ON INDIA BY 2020?
By 2020, at least 4 corridors of 2000 kms would be developed and planning for 8 other
corridors would be in different stages of progress.
-source : Budget document (Railways )2015-2016

12.  ROADWAYS:-
STEPS TAKEN BY Govt. TO IMPROVE ROAD TRANSPORT
SYSTEM:-
 India has completed 100 Public Private Partnership projects
and 165 are on-going as of March, 2014.
 The National Highway Authority of India (NHAI) and the Ministry
of Road Transport & Highways had sanctioned projects for
3,700 kms in 2013-14.
 IMPACT ON INDIA BY 2020.
 The length of National Highways is expected to grow from 92,850
kms in 2013-14 to 100,000 kms by the end of 2017.
 During the next five years, investment through Public Private
Partnerships are expected to be in the region of USD 31 Billion for
national highways.
-source : Ministry of road transport,NHAI.

13. AVIATION:-
 DEVELOPMENT IN AVIATION SECTOR:-
Indian aviation is experiencing dramatic growth across the board,
from the emergence of LCC/new carriers to a growing middle class
ready to travel by air as well as growth in business and leisure travel.
 STEPS TAKEN BY Govt. TO IMPROVE AVIATION SECTOR:-
The Airports Authority of India plans to spend USD 1.3 Billion on non-
metro projects between 2013 and 2017, focusing on the
modernisation and up gradation of airports.
 IMPACT OF AVIATION SECTOR IN INDIA BY 2020:-
• The development of new airports – the Airports Authority of India
aims to bring around 250 airports under operation across the
country by 2020.
• 300 business jets, 300 small aircraft and 250 helicopters are
expected to be added to the current fleet in the next 5 years.
-source : Make in India.com

14.  PORTS:-
STEPS TAKEN BY Govt. TO DEVELOP PORTS:-
• 87 new port projects have been sanctioned in the last four
years, with an investment of INR 430 Billion. 28 PPP terminals
are in operation in major ports and another 45 are under
construction.
• Special Economic Zones are being developed in close
proximity to several ports – comprising coal-based power
plants, steel plants and oil refineries.
IMPACT ON INDIA BY 2020:-
• Container demand is expected to increase to 21 Million T.E.U by
2017, from 6.5 Million T.E.U in 2012.
• A projected increase in cargo traffic at non-major ports – 815
Million Metric Tonnes by 2017 from 388 Million Metric Tonnes in 2013.
-source : Make in India.com , Ministry of shipping.

15. INDUSTRIAL DEVELOPMENT
MAKE IN INDIA
NATIONAL SKILL DEVELOPMENT
PROGRAM

16.  MAKE IN INDIA
 Make in India is an initiative program of the
Government of India to encourage Multinational
Companies and domestic companies to
manufacture their products in India.
 The major objective behind the initiative is to focus
on 25 sectors of the economy for job creation and
skill enhancement. Some of these sectors are:
automobiles, chemicals, IT, pharmaceuticals, textiles,
ports, aviation, leather, tourism and hospitality,
wellness, railways, design manufacturing, renewable
energy, mining, bio-technology, and electronics.

18. IMPACT OF MAKE IN INDIA BY 2020:-
 It is estimated that total electric vehicles sales would amount to 6-7
Million units by 2020.
 The specialty chemicals market size is expected to reach USD 70
Billion by 2020.
 The development of new airports – the Airports Authority of India
aims to bring around 250 airports under operation across the
country by 2020.
 India is expected to be the third largest global market for active
pharmaceutical ingredients by 2016, with a 7.2% increase in market
share.
 By 2022, the generation equipment industry in India is projected to
grow to USD 25-30 Billion. The industry is sized at USD 6.7 Billion in
2012-13.
-source : Make in India.gov.in

20.  NATIONAL SKILL DEVELOPMENT PROGRAMME:-
National Skill Development Programme was introduced
by National Skill Development Corporation
o The objective of this Scheme is to encourage skill development
for youth by providing monetary rewards for successful
completion of approved training programs.
o increase productivity of the existing workforce.
o provide Monetary Awards for Skill Certification to boost
employability .
o reward candidates undergoing skill training by authorized
institutions at an average monetary reward of ₹ 10,000 per
candidate.
o benefit 10 lakh youth at an approximate total cost of ₹ 1,000
Crores.

21. IMPACT OF NATIONAL SKILL
DEVELOPMENT PROGRAMME BY 2020:-
 Skill 500 million by 2022.
 Increased demand for skilled employees from
India by 2020.
 Improved productivity of young employees.
 2 billion sized English speaking workforce.
-source :nsdcindia.org

22. TECHNOLOGY

23. TECHNOLOGICAL
DEVELOPMENT
 SPACE RESEARCH
 INFORMATION TECHNOLOGY

24. SPACE RESEARCH:-
 Through the last four decades, India’s space program has
attracted global attention for its accelerated rate of development.
• India’s cost-effective space program has launched 40 satellites for
19 countries to date and has the potential to serve as the world’s
launch pad.
POLICIES ADOPTED BY ISRO FOR SPACE RESEARCH:-
 Chandrayaan II: India second moon mission, Chandrayaan II, set to be
launched in 2016-17, will have a soft land over a wheeled robotic
vehicle to explore the landing area.
 ISRO plans to carry out a mission to the Sun by the year 2015-16.
 ISRO is planning a mission to Venus, by 2017-2018 to study its
atmosphere.
-source : Make in India.gov.in&wikipedia.org

25. IMPACT OF SPACE RESEARCH IN INDIA BY 2020:-
• With the help of space research, ISRO can study about the
surface geology.
• further improve the understanding of the origin and
evolution of the Moon.
• Information will be obtained on the velocity fields and their
variability in the inner corona having an important bearing
on the unsolved problem of heating of the corona would
be obtained.
-source : ISRO.gov.in&wikipedia.org

26. INFORMATION TECHNOLOGY
• India’s IT industry amounts to 7% of the global market, largely due
to exports.
POLICIES ADOPTED BY Govt TO IMPROVE INFORMATION TECHNOLOGY
BY 2020:-
• The National Optical Fibre Network (NOFN) is being laid down in
phases to connect all the 250,000 gram panchayats in the country.
• Establishment of Software Technology Parks of India (STPIs).
• Special Economy Zones (SEZ) Policy.
• National e-Governance Plan (NeGP).
• National Cyber Security Policy 2013.
• National Policy on Information Technology 2012.
-source : Make in India.gov.in&wikipedia.org

27. IMPACT OF INFORMATION TECHNOLOGY BY
2020:-
 National Policy on Information Technology 2012 aims to
increase revenues of IT and BPM industry to USD 300 Billion
by 2020.
 expand exports to USD 200 Billion by 2020.
 The policy also seeks to achieve the twin goals of bringing
the power of information and communication technology
(ICT) within the reach of all its citizens while harnessing the
capability and human resources of the country to enable
India to emerge as the Global Hub and Destination for IT
and BPM Services by 2020.
-source :deity.gov.in&wikipedia.org

31. HEALTHCARE
Focus on
Government to
improve Healthcare
sector by Insurance
policies

32. POLICIES OF Govt TO IMPROVE
HEALTHCARE:-
 Universal Health Insurance Scheme (UHIS)
• The four public sector general insurance companies have been
implementing Universal Health Insurance Scheme for improving
the access of health care to poor families.
• Reimbursement of medical expenses upto Rs.30,000/- towards
hospitalization floated amongst the entire family.
• The premium subsidy has been enhanced from Rs.100 to Rs.200
for an individual, Rs.300 for a family of five and Rs.400 for a family
of seven, without any reduction in benefits.

33. IMPACT OF HEALTHCARE POLICIES IN INDIA
BY 2020:-
 Equality in healthcare to every citizens of the country.
 Reduction of gap between availability and need of
treatment.
 Improved base for insurance in healthcare.
 Significant reduction in death due to availability of
advanced facilities.
-source : nhp.gov.in& financial services.gov.in

34. FINANCE
MAJOR SCHEMES
INTRODUCED BY Govt THAT
WILL IMPACT BANKING
SECTOR OF INDIA BY 2020:-
 PRADHAN MANTRI JAN
DHAN YOJANA.
 LICENSE TO SMALL BANKS.

35. PRADHAN MANTRI JAN DHAN
YOJANA
 Pradhan Mantri Jan Dhan Yojana (PMJDY) the biggest
financial inclusion initiative in the world.
 PMJDY is National Mission for Financial Inclusion to
ensure access to financial services, namely Banking
Savings & Deposit Accounts, Remittance, Credit,
Insurance, Pension in an affordable manner.
 This financial inclusion campaign was launched by the
honourable Prime Minister of India Sri. Narendra Modi,
on 28 August 2014 PM had announced this scheme on
his first Independence Day speech on 15 August 2014

36. IMPACT OF PMJDY ON INDIAN ECONOMY:-
 On the inauguration day, 1.5 Crore (15
million) bank accounts were opened
under this scheme.
 18.18 Crore accounts opened so far and
Rs.23,699.84 Crore deposits and 1.25 lac
bank mitras.
 The following table shows no. of banks
a/c opened till 09.09.2015 under PMJDY
(all figures in crores). Source:pmjdy.gov.in

37. SL NO
NO OF ACCOUNTS
No Of
Rupay
Debit
Cards
Balance
% of Zero
Balance
Accounts
RURAL URBAN TOTAL
1 PUBLIC SECTOR BANKS 7.82 6.39 14.22 12.88 18626.71 42.90
2 RURAL REGIONAL BANKS 2.78 0.47 3.26 2.40 3956.66 44.17
3 PRIVATE BANKS 0.42 O.28 0.71 0.63 1116.47 42.25
TOTAL 11.03 7.15 18.18 15.91 23699.84 43.12

38. IMPACT OF PMJDY IN INDIA BY 2020:-
 Access to banking facilities.
 Increased usage of plastic money.
 Increased number of on-line transactions especially in
rural areas.
 Increased banking operations especially in rural areas.
 More savings in each household by 2020.
 Everyone would have accident insurance cover or
Rs.one lakh.
 Easy Transfer of money across India
-Source:pmjdy.gov.in

39. LICENSE TO SMALL BANKS
 The purpose of the small banks will be to provide a
whole suite of basic banking products such as
deposits and supply of credit, but in a limited area of
operation.
 The objective for these Small Banks is to increase
financial inclusion by provision of savings vehicles to
under-served and unserved sections of the
population, supply of credit to small farmers, micro
and small industries, and other unorganised sector
entities through high technology-low cost
operations.

40. SMALL BANKS IN INDIA:-
AU Financiers, Janalakshmi, Ujjivan, Suryoday, Equitas
Microfinance, RGVN, Disha Microfinance.
IMPACT OF SMALL BANKS IN INDIA BY 2020:-
 Increased rural credit flow , hence growth in agriculture.
 Farmers , retailers etc. relieved from local money lenders.
 Increase in self-sufficiency.
 GDP growth.
-Source: Economic Times & Business Standard.

41. SMALL BANKS

43. CONCLUSION
 All the following sectors will impact the economy of
India and the GDP of India is expected to grow to 8%
in next 5 years , according to Goldman Sachs , which
is because of Government focus to improve business
climate.
 India in 2020 will be on of the strongest nation in
terms of Infrastructure & Industries , Technology ,
work-force and many other factors , hence vision
2020 will be successful one.
-Source: Economic Times dated 15/09/2015

45. India received $19.78 billion in FDI in 2014-15 from
countries that PM Narendra Modi visited
Dipanjan Roy Chaudhury,ET Bureau | Sep 21, 2015, 11.11 AM IST
NEW DELHI: When the PM travels to the US this week to woo
businesses there, one of the key facts that the government will be
tomtoming about is the surge in foreign direct investment since
Narendra Modi took over and how his personal touch has helped.
India received $19.78 billion (Rs 1.3 lakh crore) in FDI in 2014-15
from a dozen major FDI source countries that Modi has visited
since taking over in May last year. This accounts for nearly two-
thirds of the $30.93 billion FDI the country received in the fiscal
year, which was 27 per cent more than the year before.
FDI grew quicker after the launch of the Make in India Programme
in September 2014 — inflows jumped 48 per cent between
October 2014 and April 2015 over the year-earlier period, data
from the Department of Industrial Policy and Planning showed.

46. PRESENTED BY GROUP NO. 7:-
 EBIN JOY
 NITIN PRABHU
 VIJAY SONI
 JATIN DESHPANDE
 NIKHIL GUPTA
 SIDDESH NADAR
THANK YOU…….