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Indian Economy




                    Notes          population of the world. This depicts the fact that out of six people of this world one resides in
                                   India. Statistics also disclose that by the year of 2030 India would turn the most populous
                                   country of the world placing China behind. One of the chief causes of the sheer increase in
                                   India’s population is illiteracy.

                                   Swami Nathan Policy

                                   In July, 1993, an Expert Group under the chairmanship of Dr M.S. Swami Nathan was appointed
                                   to frame a draft for the new population policy by the Ministry of Health and Family Welfare.
                                   The draft plan was fundamentally related to gender inequality as well as the discrimination
                                   against the women. It requires decentralising the family planning programme to the grass-root
                                   level and calls for inspiring one million women members from the Panchayat level to conduct
                                   the programme. It further advised the establishment of Population and Social Development
                                   Commission to run a Population and Social Development Fund. The committee also specified
                                   that population, poverty and environment degradation has close connection and thus, all the
                                   variables should be at the same time manipulated to acquire the goal.



                                     Did u know? The International Conference on Population and Development (ICPD) held
                                     at Cairo in 1994 also laid stress on empowering women as a means of improving the
                                     quality of life, which is same as the India’s New Population Policy.

                                   Self Assessment

                                   Fill in the blanks:
                                   6.  A quickly rising population serves as a hindrance on smooth …………………….

                                   7.  The processes of human resources development unlock the door to …………………….
                                   8.  The pattern of India’s …………………… can be segregated into three durations over the
                                       previous century from the analytical viewpoint, the points of division being 1921 as well
                                       as 1951.

                                   2.3 Infrastructure in the Indian Economy

                                   This section emphasises on the infrastructure in the Indian Economy. India’s economy is becoming
                                   bigger and better. Going with the estimates that India which is Asia’s third largest economy will
                                   become the world’s third largest by 2050; a stronger and enormous infrastructure is needed.
                                   Covering everything from ports to airports, roadways to airways and power production facilities,
                                   Indian infrastructure segment is very crucial for the growth and development of the nation. It
                                   thus enjoys attention of the country’s top-grade policy makers.

                                       !
                                     Caution Supportive and liberal Government policies together with careful strategies to
                                     promote infrastructure offers great opportunities to Engineering and Construction (E&C)
                                     firms in India.












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