PPT : Nature of Indian Economy CA Foundation Notes | EduRev

Economics for CA CPT

Created by: Aditi Mittal

CA Foundation : PPT : Nature of Indian Economy CA Foundation Notes | EduRev

 Page 1


CPT Section C General Economics Chapter 5 Unit 1 
CS.Manish Dua 
Page 2


CPT Section C General Economics Chapter 5 Unit 1 
CS.Manish Dua 
Agriculture dominance. 
High Population Growth Rate. 
Wide spread poverty and Unemployment. 
Low standard of living. 
Low productivity of labour.  
The production techniques are backward. 
The incidence of unemployment and underdevelopment is quite high. 
Page 3


CPT Section C General Economics Chapter 5 Unit 1 
CS.Manish Dua 
Agriculture dominance. 
High Population Growth Rate. 
Wide spread poverty and Unemployment. 
Low standard of living. 
Low productivity of labour.  
The production techniques are backward. 
The incidence of unemployment and underdevelopment is quite high. 
In 1950-51, 72 % of peoples were dependent on Agriculture in 2011-12 
it has been reduced to 50%. 
Population has grown at a fast rate of more than 2 per cent. 
India’s per capital income was $1410 in 2011. 
The incidence of unemployment India is quite high. 
As per 66
th
 NSSO round unemployment rate  is as high as 6.6 % of the 
labour force. 
Page 4


CPT Section C General Economics Chapter 5 Unit 1 
CS.Manish Dua 
Agriculture dominance. 
High Population Growth Rate. 
Wide spread poverty and Unemployment. 
Low standard of living. 
Low productivity of labour.  
The production techniques are backward. 
The incidence of unemployment and underdevelopment is quite high. 
In 1950-51, 72 % of peoples were dependent on Agriculture in 2011-12 
it has been reduced to 50%. 
Population has grown at a fast rate of more than 2 per cent. 
India’s per capital income was $1410 in 2011. 
The incidence of unemployment India is quite high. 
As per 66
th
 NSSO round unemployment rate  is as high as 6.6 % of the 
labour force. 
The level of human well-being is also quite low. 
Human Development Index (HDI) Rank only 134 out of 187 
countries. 
According to the Human Development Report – 2010, the Gini 
index for India for period 2000-10 was 368. 
In India, because of low rate of saving rates, the gross capital 
formation rates have remained considerably low it was 35.1% in 
2010-11. 
Page 5


CPT Section C General Economics Chapter 5 Unit 1 
CS.Manish Dua 
Agriculture dominance. 
High Population Growth Rate. 
Wide spread poverty and Unemployment. 
Low standard of living. 
Low productivity of labour.  
The production techniques are backward. 
The incidence of unemployment and underdevelopment is quite high. 
In 1950-51, 72 % of peoples were dependent on Agriculture in 2011-12 
it has been reduced to 50%. 
Population has grown at a fast rate of more than 2 per cent. 
India’s per capital income was $1410 in 2011. 
The incidence of unemployment India is quite high. 
As per 66
th
 NSSO round unemployment rate  is as high as 6.6 % of the 
labour force. 
The level of human well-being is also quite low. 
Human Development Index (HDI) Rank only 134 out of 187 
countries. 
According to the Human Development Report – 2010, the Gini 
index for India for period 2000-10 was 368. 
In India, because of low rate of saving rates, the gross capital 
formation rates have remained considerably low it was 35.1% in 
2010-11. 
Net National Product (NNP) at factor cost was Rs. 2,20,000 crore 
in1950 – 51 which rose to Rs. 42,60,000 crore in 2010 – 11 
Per capita income in India was Rs. 6122  in 1950 – 51. It rose 
Rs. 35917  in 2010 – 11 
The NNP has increased by 18 times but Per Capita income 
Increases by % times. 
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