Economic Analysis of India

Economic Analysis in India The economy in India is the ninth largest economy in the world, the third largest economy with purchasing power parity. Due to the global financial crisis in the local finance and finance sector, India's growth rate in 2005-2008 exceeded 9%, it decreased to 7% in 2008-2009, but in 2010 it increased to 4 It recovered to%. . Third, the slowdown of the Indian economy began between 2011 and 2012, and the growth rate has fallen from 8% to 70%.

Economic analysis: Economic development in India, expenditure for residents is moderate. Before investing in the country, multinational companies like Kellogg wanted to determine this factor. In addition, the economic benefits required after investment are also analyzed. India has introduced a special economic zone (SEZ) that provides free trade and many tax exemptions. Social analysis: Analyze social aspects such as accepting products, whether people in the country can work in the company. As a global brand, Kellogg does not care about accepting products. By entering a country of 100 billion people, it creates employment. This is a benefit. It also participates in an employee development program that will improve employee skills. (Kellogg Corporation, Corporate Responsibility Report 2009, Page 49)

Since independence 60 years ago, India has been regarded as a developing country at the peak of economic development. However, a critical analysis of social and economic structure is incredible, and this ugly fact is a peculiar contradiction of the predicted economic giant or superpowers (see Garewal 2005). A high degree of economic development is concentrated around India's main center, and most of the country is growing very slowly. Extreme extremes between rural and urban areas across the country brought about urban and rural migration. It always causes migration of the rural population to most advanced cities, seeking better living standards and job opportunities. This migration tendency eventually leads to excessive urban population, which leads to urban poverty, literacy decline, and crime rate rise.