The following is a short and simple powerpoint presentation on the topic of $5 Trillion Economy of India made for the subject "Indian Economy" which falls under BBA course.

1. INDIAN
ECONOMY
WELCOME
TO THE
PRESENTATION

2. PRESENTED BY-
SUBMITTED TO
DR. FAIZAN KHAN
SHERWANI
MD SHAHBAZ
AKRAM
ASBA
RIZVI
MOHD AMAAN
HASAN
KASHISH
GEHRA
HIMANSHI
KAUSHIK

3. Before we move forward, lets understand
the term clearly. Simply put, the $5-
trillion economy is the size of a
national economy as measured by the
annual Gross Domestic Product
(GDP).
What is a $5-
Trillion
economy?

4. What is GDP ?
The GDP of an economy is the total monetary
(rupee) value of all goods and services produced in
an economy within a year.
GDP is a way among countries (economies) to
decide who is the largest and so on.
In 2014, India’s GDP was $1.85 trillion. In 2018, it is
$2.7 Trillion, and India is the sixth-largest economy
in the world.

5. The impact of corona virus pandemic on India has been
largely disruptive in terms of economic activity as well as a
loss of human lives. Almost all the sectors have been
adversely affected as domestic demand and exports
sharply plummeted with some notable exceptions where
high growth was observed.
How did covid 19 slow down the
economy?

6. FOOD &
Agriculture
AVIATION &
TOURISM
Since agriculture is the
backbone of the country and a
part of the government
announced essential category,
the impact is likely to be low on
both primary agricultural
production and usage of agro-
inputs. Online food grocery
platforms are heavily impacted
due to unclear restrictions on
movements and stoppage of
logistics vehicles.
The contribution of the Aviation
Sector and Tourism to our GDP
stands at about 2.4% and 9.2%
respectively. The impact is going
to fall on both, White and Blue
collar jobs. According to IATO
estimates, these industries may
incur losses of about 85 billion
Rupees due to travel restrictions.
The Pandemic has also brought
about a wave of innovation in the
fields of contactless boarding and
travel technologies.

7. OIL AND GAS PHARMACEUTICALS
The Indian Oil & Gas industry is
quite significant in the global context
– it is the third-largest energy
consumer only behind USA and
Chine and contributes to 5.2% of the
global oil demand. The complete
lockdown across the country slowed
down the demand of transport fuels
as auto & industrial manufacturing
declined and goods & passenger
movement fell. Though the crude
prices dipped in this period, the
government increased the excise
and special excise duty to make up
for the revenue loss, additionally,
road cess was raised too.
The pharmaceutical industry has
been on the rise since the start of
the Covid-19 pandemic,
especially in India, the largest
producer of generic drugs
globally. Easing the financial
stress on the pharmaceutical
companies, tax-relaxations, and
addressing the labor force
shortage could be the
differentiating factors in such a
desperate time.

8. Comparison with Major Economies of the
World
India is the sixth-largest economy. But this
does not necessarily means that Indians
are the sixth-richest people on the
world! Look at GDP per capita chart
below for better understanding.

9. Initiatives undertaken for achieving $5
Trillion Economy target
Responding to the growth challenges, Government is
taking many steps to put the economy back on track.
On December 13, Finance Ministry unveiled a
detailed presentation on steps taken to boost
economy. Chief Economic Advisor Krishnamurthy
Subramanian said the government is focusing on
increasing consumption to boost economic growth.
Presenting steps taken by the government in the past
few months to pull the economy out from a six-year
low growth, he said the measures include corporate
tax cuts to improve risk-return of companies.

10. List of all the
measures that
were made to
achieve 5
trillion
economy

11. Its pretty obvious that to
achieve a target ,
specially when it is in
trillion.
There would be fore sure
some of the activities
that took place

12.  Government support schemes to NBFC’s
and HFC’s.
 The investment aspect of government.
 FDI inflows in the economy.

13. How to
achieve $5
Trillion
Economy
Target

14. ￮ Increase Ease of Business and Ease of
Living to promote private investments
￮ Over the last four years, the government has scrapped over
1,300 antiquated laws! It has done away with a lot of
archaic procedures, rules and regulations. We've tried to
digitize the Indian economy.
￮ Urbanization – a big driver of growth
￮ Cities account for less than 5% of the earth land mass, but they
account for over 75 % of the global GDP! So, urbanization in cities is
important as they are centers of economic growth. if you go by the
latest McKinsey study, every minute as I speak here today, there are
30 Indians moving from rural areas to urban areas and Mumbai is a
great example of that. And by 2050, you will have 700 million Indians
getting into the process of urbanization.

15. Agriculture Reforms in vital
It's not possible to grow
over long periods of time
without some very major
structural reforms in the
agriculture sector because
that's where close to 60%
of India lives.

16. ￮ Globalization for growth
￮
India exists in a globalized and
interdependent world. In a globalized
world, we work on value chains. Vast
number of countries have grown and
prospered because of globalization.
￮ Women Participation is key
￮ India cannot grow at high rates over a 3-decade
period without gender parity. In 2012, only 27
percent of adult Indian women had a job, or were
actively looking for one, compared to 79 percent of
men. In fact, almost 20 million women had dropped
out of the workforce between 2005 and 2012. This
is equivalent to the entire population of Sri Lanka.