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INDIA – A GROWING SUPERPOWER By rahul mittal
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Body of the presentation ………………….. The presentation is divided into 2 parts, 1 A reference to graphs for establishment of aforementioned 2 Some great persons.
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India currently has the 11th largest GDP in the world… WDI: Constant 1995 US$ billion, 2002 230 248 268 282 347 411 414 452 477 515 637 650 716 1181 1237 1410 1552 1976 3979 10417 Sweden Belgium Switzerland Taiwan Russia Australia Netherlands Brazil South Korea India Mexico Spain Canada Italy China France United Kingdom Germany J apa n United States South Korea India Spain Canada Italy France United Kingdom
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Back To Article Section….. Can India be a Super-Power ?
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India has the fourth largest army in the world and is among the seven or eight countries which have confirmed capacities in nuclear technology, space technology etc. Of late, India has also begun to commercialise indigenously developed satellites, defence equipments and peaceful nuclear products and technologies, which is a distinct imitation of superpower syndrome. But, what is India's most significant achievement ? It may well be the triumph of multiculturalism. India with its unbelievable 4,635 communities and 325 languages has not only happily survived but continues to derive immense pride from the fact of this wonderful diversity enriching its culture. This civilisational ethos has been an immeasurable asset for our country. Factors Against India The factors which can prevent us from becoming an important power are : (a) ineffective population control programmes; (b) high levels of illiteracy; (c) poor quality of national politics; (d) our economy, despite reforms, is not efficient or productive, and does not ensure distributive justice for our vast population; (e) lack of scientific temper; (f) we still do not produce nuclear submarines, aircraft carriers etc. (g) we still have to plan a pattern of strategic equations with other power centers of the World. We have to resolve our problems with our neighbours, only then we can move effectively on to the international stage.
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Projecting GDP using historical growth rates, India would be the 6 th largest economy in 2050 WDI: Constant 1995 US$ billion 339 2598 3111 3960 4974 6458 7307 8662 16706 19233 37781 96178 Russia Brazil Italy United Kingdom France Germany India Taiwan South Korea Japan United States China
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Under GS assumptions, India would be the world’s 3 rd largest trader in 2050 Goldman Sachs & WDI: Constant 1995 US$ billion, projected at historical Trade-to-GDP ratios 948 1013 1238 1421 2021 2054 3018 5575 6969 13842 0200040006000800010000120001400016000 Italy Brazil Japan France Germany UK Russia India US China
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India has been one of the fastest growing economies in the world over the last 20 years Annual average growth rates of 10 fastest growing economies over 1980-2002 excl. small countries (pop < 10 million) Source: WDI 5.3 5.4 5.6 6.0 6.3 6.5 6.6 6.8 9.5 5.2 Pakistan Cambodia Indonesia India Thailand Malaysia Vietnam Taiwan South Korea China
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… and ranks 26th in the world by total trade in goods and services (US$ billion, 2002)… WTO: US$ billion, 2002
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“ The fundamental challenge facing India is not to become an economic superpower but to become rich and eliminate poverty.”
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India is already a population superpower……Any Doubts?? Reference to – Goldman Sachs India will be the world’s most populated country by 2050; it’s population is expected to stabilize by the year 2100 at 1.8 billion 585960 82 127 146 176 282 1262 1002 50 61 64 74 100 118 228 420 1418 1601 0 200 400 600 800 1000 1200 1400 1600 Italy France UK Germany Japan Russia Brazil US China India Population (millions) 20002050
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Lately the Indian defense authority has made tremendous strides in creating a powerful arsenal of weapons..denotin g the defensive prowess. Recent introductions are….
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The nuclear weapons capable “Arihant” submarine
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And The Much Touted long range Nuclear capable battleships……
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Much like the famous Indian personalities of yesterday…today…tomorro w……Here are some legends and to be legends of India that I do have on top of my head.
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Leander Paes
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Shri Abdul Kalam
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C.V Raman
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Kapil Dev
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Sachin Tendulkar
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Bapu,Mahatma….Father of India
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As of now, India is still far from the status of superpowerdom. At present we are considered as a regional power. We are confined largely to the South Asian region, and may be South-East Asian region. Undoubtedly, serious deficiencies have remained; fresh weaknesses have emerged; new dangers have arisen. Still, it would be wrong not to acknowledge that India has made substantial all round progress; its achievements in the last fifty-eight years have been considerable by any historical standards, especially if we keep in view the level from which it started and 'how difficult was the terrain along which we had to tread.'
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THANK YOU
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