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    Economy of India - Wikipedia

    • The economy of India is a developing mixed economy with a notable public sector in strategic sectors. It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 125th by GDP (PPP). From independence in 1947 until 1991, successive go… See more

    History

    For a continuous duration of nearly 1700 years from the year 1 CE, India was the world's largest economy, constituting 35 … See more

    Sectors

    Agriculture and allied sectors like forestry, logging and fishing accounted for 18.4% of the GDP, the sector employed 51.2 crore persons or 45.5% of the workforce in India are employed in agriculture. India is major agriculture … See more

    CurrencyIndian rupee (INR, ₹)
    Fiscal year1 April – 31 March
    Trade organisationsWTO, WCO, SAFTA, BIMSTEC, WFTU, BRICS, G-20, BIS, AIIB, ADB and others
    Country groupDeveloping/Emerging · Lower-middle income economy · Mixed economy · Newly industrialized country · Welfare state · Socialist state
    Security markets

    The development of Indian security markets began with the launch of the Bombay Stock Exchange (BSE) in July 1875 and the Ahmedabad Stock Exchange in 1894. Since then, 22 other exchanges have traded in Indian citie… See more

    Foreign trade and investment

    Until the liberalisation of 1991, India was largely and intentionally isolated from world markets, to protect its economy and to achieve self-reliance. Foreign trade was subject to import tariffs, export taxes and quantitativ… See more

    Currency

    • EXCHANGE RATES
    The Indian rupee (₹) is the only legal tender in India, and is also accepted as legal tender in neighbouring Nepal and Bhutan, both of which peg their currency to that of the Indian r… See more

    Income and consumption

    India's gross national income per capita had experienced high growth rates since 2002. It tripled from ₹19,040 in 2002–03 to ₹53,331 in 2010–11, averaging 13.7% growth each of these eight years, with peak growth of 1… See more

    Employment

    Agricultural and allied sectors accounted for about 52% of the total workforce in 2009–10. While agriculture employment has fallen over time in percentage of labour employed, services which include constructio… See more

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    Table of Contents
    History
    Sectors
    Quick Facts
    Security markets
    Foreign trade and investment
    Currency
    Income and consumption