Indian economy

E494075

The Indian economy is the complex national economic system of India, characterized by rapid growth, a large and diverse labor force, significant service and technology sectors, and ongoing structural transformation from agriculture to industry and services.

All labels observed (1)

Label Occurrences
Indian economy canonical 1

How this entity was disambiguated

Statements (61)

Predicate Object
instanceOf mixed economy ⓘ
national economy ⓘ
agriculturalProduct cotton ⓘ
rice ⓘ
spices ⓘ
sugarcane ⓘ
tea ⓘ
wheat ⓘ
capitalCity New Delhi ⓘ
linked to: New Delhi, India
centralBank Reserve Bank of India ⓘ
challenge income inequality ⓘ
infrastructure gaps ⓘ
rural-urban disparity ⓘ
unemployment and underemployment ⓘ
continent Asia ⓘ
country India ⓘ
currency Indian rupee ⓘ
currencyCode INR ⓘ
linked to: Indian rupee
developmentStatus developing economy ⓘ
economicSystem mixed-market economy ⓘ
employmentCharacteristic large informal sector ⓘ
significant self-employment ⓘ
exportCharacteristic major exporter of IT services ⓘ
major exporter of pharmaceuticals ⓘ
major exporter of refined petroleum products ⓘ
importCharacteristic large importer of crude oil ⓘ
large importer of electronics ⓘ
large importer of gold ⓘ
incomeCategory lower-middle-income country ⓘ
keyIndustry automobile manufacturing ⓘ
business process outsourcing ⓘ
film and entertainment industry ⓘ
financial services ⓘ
information technology services ⓘ
pharmaceuticals ⓘ
steel production ⓘ
telecommunications ⓘ
textiles and garments ⓘ
laborForceCharacteristic large labor force ⓘ
young demographic profile ⓘ
majorSector agricultural sector ⓘ
industrial sector ⓘ
services sector ⓘ
planningBody NITI Aayog ⓘ
policyFeature Goods and Services Tax regime ⓘ
Make in India manufacturing initiative ⓘ
economic liberalization since 1991 ⓘ
five-year planning tradition (discontinued but historically important) ⓘ
focus on digital economy initiatives ⓘ
region South Asia ⓘ
strength diverse economic base ⓘ
growing middle class ⓘ
large domestic market ⓘ
strong services exports ⓘ
structuralTrend rapid urbanization ⓘ
shift from agriculture to services ⓘ
tradeBlocMembership Asian Development Bank ⓘ
BRICS ⓘ
G20 ⓘ
South Asian Association for Regional Cooperation ⓘ
World Trade Organization ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Department of Economics, Presidency College, Kolkata → fieldOfStudy → Indian economy ⓘ
subject linked to: Department of Economics