Date post: | 15-Jul-2015 |
Category: |
Economy & Finance |
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PRESENTATION
ON
MANAGERIAL ECONOMICS
Presented by:-
Abhishek Mishra
Akhil Agarwal
Oshi Agarwal
Srishti Saxena
Saransh
Vishwank
“WITH GREAT POWER COMES GREAT
RESPONSIBILITY”
-SPIDER MAN
“THE BIGGEST ENEMY OF HEALTH IN
THE DEVELOPING WORLD IS POVERTY
-KOFI ANNAN
SUPER POWER
ODefinition:-
O A state with a dominant positionin the international system.
O Ability to influence decisions.
O Project power on a worldwidescale to protect its interests
O One step higher than a greatpower
OCriteria:-OGrowth-oriented economy
OStable political system and good law and order
OWell developed nuclear and defence system
OMembership and influencing capacity in the powerful global bodies such as United nations, WTO, NATO and IMF
OStrong cultural presence and contributions to the world.
Super powers on Earth
O United States of
America
O Russia
O United Kingdom
O China
O France
O Japan
O Germany
Being a superpower needs-
OUnity, political unity and stability
OHigh level defence and military capability including nuclear weapons
OTrained manpower
OHigh technology
Fourth largest army in the world One of the eight countries with nuclear
technology and space technology Globally recognized for being a leader in the
filed of information technology A strong and stable democratic system, with
division of power and duties between centraland state governments
Membership of bodies such as SAARC andWTO
Eleventh largest economy of the world by GDP- USD 1.3 trillion
Fourth largest economy by purchasing power parity(PPP) – USD 3.8 trillion
Growth rate of approx. 8.9% pa; one of the fastest growing nations in the world
Service industry accounting for more than 57% of the country’s GDP followed by industry and agriculture at 28% and 15% respectively
65% of the Indian population is below 35 years of age, contributing to a massive work force
Has fifth largest forex reserves amongst developing economies
Largest number of trained scientists in the world
25% of the total population below poverty line
Illiteracy
Corruption
Poor quality of national politics
Ineffective population control programme
No production of nuclear submarines
Poor infrastructure relating to health and sanitation,
education and housing
Uneven and inequitable distribution of wealth
Barriers to becoming a superpower
SUPERPOWERS VS. POVERTY
41% of India’s population lives on less
than $2 a day-
World bank
Poverty – A bane to nation
The World bank organization defines poverty
as-
If his or her income level falls below some
minimum level necessary to meet basic needs
Necessity to satisfy basic needs varies across
time and societies
Poverty lines vary in time and place, and each
country uses lines which are appropriate to its
level of development, societal norms and
values
33% of global poor now resides in India
2nd most populous country in the world,
with over 1.18 billion people; expected to
surpass china by 2025
41% of the population of India lives under
the global poverty line of USD 1.25 a day
(as per world bank)
High inflation rate of around 8-10%
affecting essential commodities such as
food products causing a decline in
purchasing power
Highly uneven economic growth across
different states such as Bihar,
Chhattisgarh, Orissa and Jharkhand facing
acute poverty ; levels
Rich vs. Poor
• A great portion of India’s population is a victim
of rising monetary deficits
• The top 10% of India’s population enjoys 31.1%
of the country’s income
• The lowest 10% suffers with merely 3.6%
Poverty estimates for India
CAUSES OF POVERTY IN INDIA
• High population growth rate
• Unequal distribution of income
• Caste system in our country
• Unemployment
• British era
• Wrong liberalization policy
Steps to abate Poverty
Proper distribution of wealth
Increase stress on education
Reservation of seats in government jobs
More poverty reduction programmes
Empowerment of women and economically weaker sections of the society
Development planning
Conclusion
The indicators are showing positive signs
India has to go a long way to become a superpower
Fresh weakness will emerge
Wrong to say that our country has not made a substantial
all round progress
Serious issues like growing poverty can impact the overall
development of the next superpowers