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Indian Economy: An Overview [2007-12]
Economy - overview: India is today one of the sixth fastest growing economies of the world. Indian Economy is the ninth-largest in the world by nominal GDP and the third-largest by purchasing power parity. On a per-capita-income basis, India ranked 141st by nominal GDP and 130th by GDP (PPP) in 2012, according to the IMF. India is the 19th-largest exporter and the 10th-largest importer in the world. India's economic growth began slowing in 2011 because of a tight monetary policy, intended to address persistent inflation, and a decline in investment. The present paper deals with the study of some variables which are responsible for growth of Economy. The period of study is from 2007-12.
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