6. IndIa as an
underdeveloped country
1) Low per capita income:
o
o
o
o
o
At the time of independence in early 1950s
Colonial rule
After independence govt.âs role
Still underdeveloped
Though per capita income increases over the
years
o In 2008 GNP per capita was $ 2,960 & in 2013
$ 3,944.30
7. cont.
2) Inequitable distribution of Income:
o Income of small section much larger
o Income of large section much smaller
3) High incidence of Poverty:
o
o
o
Natural outcome of inequalities
It was discovered in 6th Five Year Plan widespread
problem 50.7% rural area 40.3% in urban
Poverty in 2009-10 was 29.8% & in 2011-12 it was 21.9%
(below poverty line)
8. cont.
o A 2013 UN report stated that a third of the worlds
poorest people live in India.
o India is on track to cut poverty by half by 2015 in
1990 it was 51%.
4) Predominance of agriculture:
o Occupational distribution of population in India
not at all good.
o In 1951 70% of population dependent
o Very small portion to GDP in 2008-09 17%
9. Cont.
5) Rapid Population Growth:
o Growing rate
o In 2001 it was 1,029,000,000 (1,029 millions)
which was 4,39,000,000 (439 millions) in 1961.
o Increase rate is 2.14 % per annum today
o Today
6) Unemployment:
o Now-a-days educated unemployment
o Problem of urban unemployment has 2 forms:
11. IndIa as a developIng
Country
âą Still India is an underdeveloped country but this is not
an adequate description.
âą Indiaâs economy has sufferedâŠ
âą After independenceâŠ
13. Cont.
2) Structural changes
â Significant changes in sectoral distribution of
domestic product
â Slow changes in employment structure
â Growth of basic capital goods industries
â Progress in the banking & financial sector
14.
15. Guidelines for
AssiGnment-1
âą Use single side printed papers only
âą Group wise 1 submission only
âą Make it perfect neither much longer nor very
short
âą Make it more creative rather in detail/depth by
using charts, tables & more use of graphical
presentation with current data
âą Must contain at least 15 pages otherwise
rejected