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Doing Business in India

Key Statistics. GDP of $ 1.7 trillion (4th largest economy in the world)GDP growth rate of 8% ( year ending March 2012) Population 1.1 billion ( 70% rural)27% of the population below the poverty line in 2005 vs. 53% in 197863% literacy rate in 2006 vs. 53% in 197829 major languages and more tha

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Doing Business in India

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    1. Doing Business in India CIBER Conference, East Lansing, MI - November 2011

    2. Key Statistics GDP of $ 1.7 trillion (4th largest economy in the world) GDP growth rate of 8% ( year ending March 2012) Population 1.1 billion ( 70% rural) 27% of the population below the poverty line in 2005 vs. 53% in 1978 63% literacy rate in 2006 vs. 53% in 1978 29 major languages and more than 2000 ethnic groups

    3. History Indus Valley Civilization flourished during the 3rd and 2nd millennia B.C. The Classical Indian culture dates from around 1500 B.C. British rule from the 19th century till 1947 Parliamentary system, based on the Constitution, with power divided between the Center and the States Economic Liberalization began in the early 1990’s and has served to accelerate the country’s growth and spread the benefits

    4. The Economy

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