Free Essay

Make in India

In: Other Topics

Submitted By sps3232
Words 1884
Pages 8
MAKE IN INDIA – PROSPECTS OF ELECTRONIC SECTOR
Presented By: Sandeep.P.S, Akhila Reddy

FEBRUARY 26, 2015
SIVA SIVANI INSTITUTE OF MANAGEMENT KOMPALLY, HYDERABAD

PAPER PRESENTATION MAKE IN INDIA – PROSPECTS OF ELECTRONIC SECTOR
Students-PGDM D. Akhila Reddy (ph:8008603183, mail: akhila.23tps@ssim.ac.in) Sandeep P.S(ph:09037323232, mail: Sandeep.23tps@ssim.ac.in) Siva Sivani Institute of Management, Secunderabad.

ABSTRACT
“Make in India” is an international marketing strategy, conceptualized by the Prime Minister of India, Narendra Modi on 25th September 2014 to attract Foreign direct investments from businesses around the world. Ultimately this process will strengthen the India's manufacturing sector. The campaign's purpose is to enhance job creation, boost the national economy and convert India to a selfreliant country and to give the global recognition to Indian economy. The purpose of Make in India is to convert the Indian economy as the manufacturing hub and to transform the Indian economy. India is inviting the investors from the rest of the world by eliminating laws and regulations, making bureaucratic processes easier and shorter, and make government more transparent, responsive and accountable. India is well known for software industry but lagging in hardware industry, therefore India is importing most of the electronic goods like Mobiles, Laptops, Flat panel LED, LCD TVs from foreign countries like Japan, China USA,UK, Singapore etc. as they have the brand image, therefore now India is focusing on “Make In India”. Though there are some Indian companies, they are not able to capture the major share of the Indian market. In recent years the Indian electronic industry is growing at a brisk pace. It is currently worth US$ 150 Billion and according to industry estimates it has the potential to reach US$ 400 Billion by 2020, with the import bill estimated to set the country back by US$ 300 Billion. There are some integral challenges that the Indian electronics industry is facing today like Lack of infrastructure, lack of friendly ecosystem, high electronics import bill etc.

Against this backdrop, the main objective of this study is to examine the present scenario of Indian Electronic sector in order to analyze the strengths and weaknesses of Indian electronic sector. In the light of above discussion, this paper mainly aimed to examine the market share of top 5 brands of cell phones, laptops and flat panel LCD & LED TVs. The study is based on secondary data which is collected from the published reports of Department of Electronics and Information Technology, Make in India Wikipedia, Newspapers, Websites etc. The findings of this study conclude that the share of Indian made goods is very much insignificant and the share of foreign goods is dominating. Thus there is a need to strengthen our electronic industry in order to achieve self-sufficiency. The NRI community constitute a very rich source of ideas, talents and cutting-edge along with high investment potential. As a nation we should make it very easy and attractive for them to come in and set up companies here to develop Made in India for the electronic goods.

KEY WORDS: Make Manufacturing sector.

in

India,

Electronic

Industry,

Scenario

of

OBJECTIVES
    To highlight the present scenario of Indian Electronic System sector. A comparative study of the major electronic brands operating in India. To study the challenges faced by the Indian Electronic Sector. To showcase the assistance given by the Indian Government towards the Indian Electronic System sector through “Make in India” program.

RESEARCH METHODOLOGY
The study is based on secondary data which is collected from the published reports of Department of Electronics and Information Technology, Make in India, Wikipedia, Newspapers, Journals, Websites etc.

FINDINGS
 PRESENT SCENARIO OF INDIAN ELECTRONIC SECTOR By 2020 the demand for electronic goods in India is expected to breach the US$400 billion mark, with the import bill estimated to set the country back by US$300 billion. In fact, it is expected to trump the energy import bill. India is staring at an import nightmare of unprecedented proportions that can push the country into a spiral of high imports that would necessarily require higher external and internal borrowings. There are several South American economies that have gone down that route for us to learn our lessons and not implode. The National Policy on Electronics (NPE) 2012 is primarily aimed at ramping up India's Electronic Design and Manufacturing (ESDM) capability. It is by far the most comprehensive policy intervention in post-independent India to boost indigenous production of semiconductor components and chips. The policy comes on the back of a strong and sustained demand for consumer electronic goods that accounted for a hefty bill of US$125 billion last year. However, just about 10 percent of India's consumption was produced internally; the rest was imported. In the last two decades China has become the second largest manufacturer of electronics goods in the world with its sales revenues crossing US$840 billion in 2013.

 COMPARATIVE STUDY OF MAJOR ELECTRONIC BRANDS IN INDIA The Indian ESDM industry was estimated to be worth USD 68.31 Billion in 2012 and is anticipated to be worth USD 94.2 Billion by 2015 with a CAGR of 9.88% between 2011- 2015. The sector comprises Electronic Products, Electronic Components, Semiconductor Design and Electronics Manufacturing Services (EMS). Top 10 electronic products by total revenue in India are mobile phones, flat panel display TVs, notebooks, desktops, digital cameras, inverters / UPS, memory cards/USB drives, EMS/LCD monitors and servers.

 Mobiles

The market share detail of the leading mobile brands is shown above. The statistics implies that the leading mobile brand in Indian market is Samsung (29%) which is a Korean company. The study revealed that India is lacking behind in the production of the hardware components though India is a strong developer of software and IT, which backs India by other foreign brands like Samsung.

 Laptops Hp (21%), Dell (19%), Lenovo (16%), Acer (9%), HCL (2%) are the major laptop brands plying in Indian Market out of which only HCL is the Indian brand. The statistics of laptop sales also reflects the inefficiency of Indian manufacturing industries that’s opens the way for foreign brands to dominate in India.

 Flat Panel Televisions

CHALLENGES OF INDIAN ELECTRONIC SECTOR
There are some integral challenges that the Indian electronics industry is facing today. If not controlled in time, it can pose some serious challenges. Some of the Challenges faced by the Indian Electronic Industries are:  High cost of capital: A significant challenge is the cost of finance, especially working capital. Capital is scarce to come by in India, and the cost of borrowing is very high, as compared to some other countries where electronics is flourishing.  Lack of Infrastructure: Another challenge is hard infrastructure, such as power, water, roads, etc. India will need to make significant and fast investments into infrastructure if domestic manufacturing has to get an impetus, and grow to global scale.  Lack of friendly ecosystem: The serious obstacles observed in the path of growth are the lack of friendly ecosystem for growth, inconsistent government initiatives, unstable exchange rate, poor infrastructure, and so on. It gets even harder to for India to catch up with the major global electronics manufacturing centers as the gap widens.  High electronics import bill: The electronics import is projected to grow, electronics hardware has potential to surpass oil import bill.  Severe price pressure on Indian made products: There is severe price pressure on India-made products from imported products, some of which seem to be suspiciously low priced with respect to BOM-to-manufacturing cost ratios. Moreover, the inverted duty structure on some of the components actually makes it cheaper to import them, than to design and make them indigenously in India.

MAKE IN INDIA
Make in India is an international marketing strategy, conceptualized by the Prime Minister of India, Narendra Modi on 25 September 2014 to attract investments from businesses around the world, and in the process, strengthen India's manufacturing sector. The major purposes of Make in India are job creation, enforcement to secondary and tertiary sector, boosting national economy, converting the India to a self-reliant country and to give the Indian economy global

recognition. The investment opportunities as proposed by the Make in India campaign are:        Setting up of Electronics Manufacturing Clusters. Semiconductor Wafer Fabrication (FAB). Electronic Components. Semiconductor Design. Electronics Manufacturing Services (EMS). Telecom products. Industrial/ Consumer electronics.

Some of the FDI policies developed by the Government of India for the development of manufacturing industry are:  100% FDI is allowed under the automatic route in the Electronics Systems Design & Manufacturing sector and is subject to all applicable regulations and laws.  In case of electronics items for defense, FDI up to 49% is allowed under the government approval route, whereas anything above 49% is allowed through the approval of the cabinet committee on security. The financial support provisions provided in the 2014-2015 union budget in favor of electronic sector are:  Basic customs duty on LCD and LED TV panels below 19 inches is being reduced from 10% to NIL.  Basic customs duty is being exempted on specified parts of LCD and LED panels for TVs.  Basic customs duty on color picture tubes for manufacture of cathode ray TVs is being reduced from 10% to NIL.  Special additional duty on all imports/components used in the manufacture of personal computers is being exempted.  Education cess and secondary and higher education cess is being levied on imported electronic products.  Full exemption from SAD is being provided on specified inputs i.e. PVC sheets and ribbon used in the manufacture of smart cards.  Basic customs duty is being reduced from 7.5% to nil on e-book readers.

CONCLUSION
Given the significant demand pool for domestic consumption of electronics in India, the opportunity is at our doorsteps. In order to create an ecosystem for growth, we need to create our own world class products, substituting imports from China and other countries. The government through the Make in India campaign can play an important role in the overall scenario by creating more technical parks, free trade zones, minimize bureaucratic hurdles, support industry by tax holidays, etc. First and foremost, we need to be able to somehow attract the large Indian diaspora, most of whom are highly qualified and experienced - to come and set up companies in India. The NRI community constitute a very rich source of ideas, talents and cutting-edge along with high investment potential. As a nation we should make it very easy and attractive for them to come in and set up companies here to develop 'Made in India for the world' products. Second, capital must be available at a significantly lower rate than what it is presently. Multiple routes are available for this, and all of them should be explored. Third, domestic manufacturing should be encouraged and incentivized, as only scale can bring about efficiency and economy in the supply chain. Many countries have adopted different policies to stimulate domestic manufacturing, and India too should learn and emulate this. The key learning is that opportunity does not knock the doorstep twice. India needs to learn to catch the wave and ride it! We missed the wave a few times in past, from semiconductor fabrications to mobile phones. It is time to grab the next wave in time!…...

Similar Documents

Free Essay

India

...Before arriving in India, I had no idea what to expect. I knew the trip was going to be a once in a lifetime opportunity but I didn’t really know what I was getting myself into. Now that I am back and have had time to reflect on the trip, I have to say that it was amazing and I experienced things I will never forget. Throughout everything we did and saw, the one thing that surprised me the most was how great the people of India were. I never know what to expect going to a totally different culture, but I have to say the kindness we experienced from people in India was amazing. People were always willing to help us any way that they could. Whether it was the hotel employees, the bus crew, restaurant staff, bystanders on the street, or even those living in absolute poverty, the people of India were always smiling at us and wanting to know where we were from. Most people would think that they were always looking for a rupee or two, but that was not the case. They were genuinely glad that we were in their country and wanted to make sure that we had the best experience possible. It was inspiring and amazing and I think we could all learn of a lot from them. India was an eye-opening experience and it absolutely gave me an appreciation for how fortunate I am and it really put life into perspective. It made me realize what’s important and what I really value in life. There were times when I found myself frustrated, dirty, exhausted and ready to throw in the towel, but......

Words: 336 - Pages: 2

Free Essay

India

...Indian culture uses rich and beautiful colors in all aspects of life, whether you see it through rugs and paintings, or through textiles and architecture. “The Indian culture is rooted in colorful traditions that date back to ancient history.”( Kohler, 2000-2011) A civilization known as Harappa, created a religion that is considered the oldest living religion. We know this religion as Hinduism. “India has traditionally been one of the most religiously tolerant in the world.”( Robinson, 2012) “However in 1998, a Hindu nationalistic political party the Bharatiya Janata Party (BJP) controlled the government of India. The linkage of religion, the national government, and nationalism led to a degeneration of the separation of church and state in India and a decrease in the level of religious tolerance in that country.”(Robinson, 2012) An increase of anti-Christian violence was one result of this linkage. With the later change in government, the level of violence has gone down, and India is a country of relative religious tolerance and peace. Culture and food go hand and hand in India. Indian food represents the family and community connecting and sharing socially. “Indian dishes are commonly cooked with distinct spices and herbs that awaken your senses.”(Kohler,2000-2011) Five essential spices, namely mustard, fenugreek seed, cumin seed, aniseed, and black cumin seed are commonly used. The Indian culture survived two hundred years of British rule and held their traditions......

Words: 611 - Pages: 3

Premium Essay

India

...India is my country and I am an Indian. It is the seventh largest country in the world and the second most populated country in the world. India is called by names Bharat and Hindustan. It is a peninsula, surrounded by the Bay of Bengal in the east, the Arabian Sea in the west and the Indian Ocean in the south. Tiger is the national animal of India and peacock the national bird. The lotus in all its uniqueness is India’s national flower. The mango is the national fruit, which is cultivated from time unmemorable. Tricolor saffron – purity, white- peace and green – fertility with the Ashok Chakra in middle is the revered flag of India. ‘Jana Gana Mana’ is the national anthem sung with pride. Hockey is considered officially the National Sport although people are drawn into cricket these days. India is a country with many entities like many languages, castes, religions, cultures and local histories but it is rich in unity in diversity, which makes it a single democratic nation. India is known as land of spirituality and philosophy. Ancient religions like Hinduism, Jainism and Buddhism molders of the country. There are other religions like Sikhism, Islam and Christianity, Judaism that emerged later. In ancient India, society was divided on the basis of caste system, which still persists in the modern India as well. In different parts of India, different languages are spoken. Most of the languages of India belong to two families, Aryan and Dravidian. After Independence...

Words: 487 - Pages: 2

Free Essay

India

...all these issues. INDIA- An economic boom and environmental Disaster INDIA- An economic boom and environmental Disaster India, the country’s name is derived from the great ancient civilization that was situated around the river Indus, the Indus Valley Civilization. This is known to be one of the oldest known civilizations in the human history, dating back to 3rd and 2nd millennia B.C. The civilization that began in the northwestern region of India surrounding the Indus River later spread its tribes further across to east and south, covering the whole of present known peninsula of India. (UCLA, nd) India has been ruled by a lot of rulers. They came to India in search of wealth and prosperity. India had a lush and very dense amount of resources, which made it one of the most flourishing countries of that period. India at that time had very good trade relations with the Middle Eastern, Persian, European and Afghanistan etc. India traded goods like cotton, spices, gold and silk. In the recent history, India has been ruled by the Persian-Arab Mughals and later by British Imperials. (Mark, 2012) The Mughals and the British were the most influential rulers in the Indian ecological history. They Mughals were greatly responsible for bringing in architecture and art to India. They constructed many monuments and embezzled these monuments with precious stones and gold. The British are responsible for bringing in modern elements like trains to India. While the Mughals...

Words: 2706 - Pages: 11

Free Essay

Ficci Make in India Report

...MAKE IN INDIA REPORT Place: Chandigarh PHD Date: 25th September 2014. INTRODUCTION PrimeMinister Narendra Modi launched the 'Make in India' campaign on Thursday, ahead of his maiden visit to the US, rolling out the red carpet to investors to catapult India, on the global manufacturing stage. The focus will be on 25 sectors and the respective ministries - heavy industries, telecom, power and others. All this to develop India or as the prime minister says, to 'First develop India'. The event apart from attracting the Indian corporate bigwigs saw participation from representatives from companies from countries such as US, Japan, Korea, Sweden, Poland, Australia, China, Italy, Germany and France. The Prime Minister acknowledged that India has not been the friendliest nation to do business in, assured investors that the country is headed for a change. He made a compelling pitch for India, mentioning that only India offers the 3Ds: Democracy, Demography and Demand. He emphasized digital technology as being an integral part of the change and advocated a 'Look East' and 'Link West' policy in the country. Narendra Modi highlighted some very specific initiatives that will help drive this change. He also mentioned some very specific KPIs to measure the effectiveness of the campaign. A few of these are detailed below: 1. An increase in manufacturing sector growth to 12-14% per annum over the medium term. 2. An increase in the share of manufacturing in the country’s Gross......

Words: 1228 - Pages: 5

Premium Essay

Make in India

...I C T Essay writing M a k e I n INDIA M a k e I n INDIA Competition Done By- M. Karthik Balaji Class- IX- B Roll No- 11 School- St. John’s Public School Done By- M. Karthik Balaji Class- IX- B Roll No- 11 School- St. John’s Public School Make in India * M. Karthik Balaji I t has very nearly been 66 years since we, as one nation, took the reins of our destiny in our own hands. And while that still places us as a relatively young democracy (the US, for example, signed the declaration of independence in 1776), the fact that the first generation born after that fateful midnight has now started retiring is a noteworthy milestone. As a people who use the same word for tomorrow as for yesterday, keeping track of the passage of time and the changes it brings along is not something we are very adept at. The vastness and the diversity of this nation make this task no easier. With a colourful and noisy population, India is perhaps the perfect example of what anthropologist Edward Hall described as a “high-context” society. Such societies are marked by an environment of familiarity and universally-shared polite fiction, where a lot goes unsaid, or is said in just a few words. As a result, much is left to be implicitly understood from context. This inevitably makes the modern historian’s job even tougher, especially given the vagueness and the flowery sense of political correctness of any recorded letter or conveyed opinion. The welcome emphasis in our foreign investment policy......

Words: 1331 - Pages: 6

Premium Essay

Make in India

...Confederation of Indian Industry CII 13th Manufacturing Summit 2014 Make In India: Turning Vision Into Reality The Boston Consulting Group (BCG) is a global management consulting firm and the world’s leading advisor on business strategy. We partner with clients from the private, public, and not-forprofit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep in­ ight into s the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable compet­tive advantage, build more i capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with 81 offices in 45 countries. For more information, please visit bcg.com. The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the development of India, partnering industry, Government, and civil society, through advisory and consultative processes. CII is a non-government, not-for-profit, industry-led and industry-managed organization, playing a proactive role in India‘s development process. Founded in 1895, India‘s premier business association has over 7200 members, from the private as well as public sectors, including SMEs and MNCs, and an indirect membership of over 100,000 enterprises from around 242 national and regional...

Words: 6234 - Pages: 25

Free Essay

Make in India

...MAKE IN INDIA The Industrial revolution which started in 18th century which converted mainly Agrarian , rural societies of America and Europe and industrialized and urbanized them. Manufacturing at large scale , complex and efficient manner made those nation’s economy prosper . There is a chain of transformation throughout the world which is from Agrarian economy to Manufacturing based economy to Services based economy . But in case of India’s our GDP composition sector wise , Services(56.9 %),Manufacturing (25.8 %) and agriculture(17.4 %) . So we actually skipped manufacturing and directly went to services based economy which is untenable in the long run. So the present NDA government is giving all the right signals by the slogan “Make In India” , they actually want to boost the manufacturing sector growth and higher contribution to overall GDP. The most important attributes which help in development of manufacturing sector : * Infrastructure : Manufacturing sector is totally dependent on the level of infrastructure support their in the country . Limitation : 1) But presently the level of infrastructure is poor , shortcoming while transporting raw materials and finished products to their respective destination , power shortage for running the plants . 2) The banks in India are not big enough compared to the banks of developed economies or other emergent economies to fund large infrastructure projects Steps......

Words: 1166 - Pages: 5

Premium Essay

India

...ndia officially the Republic of India (Bhārat Gaṇarājya), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the south-west, and the Bay of Bengal on the south-east, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north-east; and Burma (Myanmar) and Bangladesh to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; in addition, India's Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia. Home to the ancient Indus Valley Civilisation and a region of historic trade routes and vast empires, the Indian subcontinent was identified with its commercial and cultural wealth for much of its long history Four religions—Hinduism, Buddhism, Jainism, and Sikhism—originated here, whereas Zoroastrianism and the Abrahamic religions of Judaism, Christianity, and Islam arrived in the 1st millennium CE and also helped shape the region's diverse culture. Gradually annexed by and brought under the administration of the British East India Company from the early 18th century and administered directly by the United Kingdom after the Indian Rebellion of 1857, India became an independent nation in 1947 after a struggle for independence that was marked by non-violent resistance led by Mahatma Gandhi. The Indian economy......

Words: 2854 - Pages: 12

Free Essay

India

...Demographics of India India does not collect data but according to the CIA World Factbook it estimates the population is 72% Indo-Aryan, 25% Dravidian, and 3% Mongoloid or other ("India Population 2015"). Eighty percent of the population speaks Hinduism while 13% of the population practice Islam religion (second-largest). Other religious groups include Christian, Sikhs, Buddhists and Jains ("India Population 2015"). While India has twenty-eight states, Uttar Pradesh is the largest with 199,581,520 people. Two other states have more than 100 million people – Maharasta (pop: 112.4 million) and Bihar (pop: 103.8 million). The smallest is Sikkim (pop: 607,688). ("India Population 2015"). As of 2015: ("India Population 2015") Population of India 1,309,201,909 Births Per Day 343,305 Median Age 26.94 Years Life Expectancy (Male) 65.76 Years Life Expectancy (Female) 69.33 Years India is a poor country with most of its population living in villages. Depending on the type of work, the individual may make more than the average person. India does not have dollars, they use rupees. Today, the US $1 is equal to 66 rupees in India. Most individuals make anywhere from $150 to $300 (USD) a month to live on. Poor education may contribute to the low pay as keeping children in school through graduation is still an issue and dropout rates continue to be high. Nationally 29 percent of children drop out before completing five years of primary school, and 43 percent......

Words: 415 - Pages: 2

Premium Essay

Make in India

...Make in India: Reverie or Reality Abstract: Make in India is the BJP-led NDA government's flagship campaign intended to boost the domestic manufacturing industry and attract foreign investors to invest into the Indian economy. The intention is to revive manufacturing businesses and emphasizing key sectors in India and to address the growing concerns that most entrepreneurs are moving out of the country due to its low rank in ease of doing business ratings. Current scenario: The “Make in India” initiative is based on four pillars, which have been identified to give boost to entrepreneurship in India, not only in manufacturing but also other sectors. The four pillars are:  * ‘Make in India’ recognizes ‘ease of doing business’ as the single most important factor to promote entrepreneurship.  * Government intends to develop industrial corridors and smart cities, create world class infrastructure with state-of-the-art technology and high-speed communication. * FDI has been opened up for new sectors like Defense production, Insurance, Medical Devices, and Construction and Railway infrastructure in a big way. * In order to partner with industry in economic development of the country Government shall act as a facilitator and not a regulator. Manufacturing currently contributes just over 15% to the national GDP. The aim of this campaign is to grow this to a 25% contribution as seen with other developing nations of Asia. In the process, the government......

Words: 970 - Pages: 4

Free Essay

India

...the Partition of India? By Kallie Szczepanski, http://asianhistory.about.com/od/india/f/partitionofindiafaq.htm Victims of the Delhi Riots are removed from the streets after the Partition of India, 1947 Hulton Archives / Getty Images Question: What was the Partition of India? Answer: The Partition of India was the process of dividing the subcontinent along sectarian lines, which took place in 1947 as India gained its independence from the British Raj. The northern, predominantly Muslim sections of India became the nation of Pakistan, while the southern and majority Hindu section became the Republic of India. Background to Partition In 1885, the Hindu-dominated Indian National Congress (INC) met for the first time. When the British made an attempt to divide the state of Bengal along religious lines in 1905, the INC lead huge protests against the plan. This sparked the formation of the Muslim League, which sought to guarantee the rights of Muslims in any future independence negotiations. Although the Muslim League formed in opposition to the INC, and the British colonial government attempted to play the INC and Muslim League off one another, the two political parties generally cooperated in their mutual goal of getting Britain to "Quit India." Both the INC and the Muslim League supported sending Indian volunteer troops to fight on Britain's behalf in World War I; in exchange for the service of more than 1 million Indian soldiers, the people of India expected......

Words: 1085 - Pages: 5

Free Essay

India

...Ask not what you can do for your country No country is perfect, but a country can be made perfect by its citizens’ contributions. Our country, India, is a developing country. It needs the contributions of its citizens. But its citizens are least bothered about it and most of them think “What can I do? It’s the duty of the government, isn’t it?” But on contrary only we the people of India can bring about the changes in our country. Today, every citizen of India complains about the corrupt officials and ministers of our government. Ask any child about what he wants to become when he grows up and his answer is teacher, engineer or doctor. But no one says a “Politian”. But why not become a politician? As a result of the common perception about politicians being corrupt, India does not have too many honest, efficient and intelligent students who have contributed in other fields had contributed to the field of politics also, today India would have been a far more developed than it is today. We say that we don’t have proper facilities in India, but we must not forget that half of the population of India doesn’t pay taxes and it is commonly felt that quite a large percentage of the taxes that are collected go into the pockets of corrupt bureaucrats and ministers. Then we complain about the lack of cleanliness in our country. We say that our government is doing nothing to keep our country clean and green! Let me remind you that it is not the government that throws empty......

Words: 422 - Pages: 2

Premium Essay

India

...India Introduction India is located in southern Asia, bordering the Arabian Sea and the Bay of Bengal, between Burma and Pakistan. It is the world's seventh largest country and second only to China in terms of population. India has long been a country plagued with poverty, but is now building itself and its economy. It is accomplishing this with new entries into the world market and a different outlook on economics. The future of India is uncertain for the moment, but the opportunity for growth and prosperity is most assuredly present. It will take time for India to emerge as a nation free from its problems, but is plausible with international trade. India’s Culture and Its Economic Implications India is certainly a country that is rich in history and culture. India acquired its independence from Britain on August 15th in 1947. Unlike the American and French revolutions, the Indian revolution was one of peace and temperament. The diversity that now exists within the borders of India is evident in the colorful mix of languages, ethnicity, and religious beliefs. As a throwback to the era of British rule, English is most important language for national, political, and commercial communication. However, Hindi is the national language and primary tongue of 30% of people. There is also a blend of several other languages that are spoken throughout India such as Bengali, Telugu, Marathi, Tamil, Urdu, Gujarati, Malayalam, Kannada, Oriya, Punjabi, Assamese, Kashmiri, Sindhi,...

Words: 2641 - Pages: 11

Free Essay

India

...Indian Education System Presented by: Doff _____________________________________________________________________________________ History * India has a long history of organized education. The Gurukul system of education in which students were taught orally and the data would be passed from one generation to the next. Up to the 17th century * The first millennium and the few centuries preceding it saw the flourishing of higher education at Nalanda, Takshashila University, Ujjain, & Vikramshila Universities. * Art, Architecture, Painting, Logic, mathematics, Grammar, Philosophy, Astronomy, Literature, Buddhism, Hinduism, Arthashastra (Economics & Politics), Law, and Medicine were among the subjects taught. After 1976 * In 1976, education was made a joint responsibility of the states and the Centre through a constitutional amendment * Center is represented by Ministry of Human Resource Development's Department of Education and together with the states, it is jointly responsible for the formulation of education policy and planning. * The 86th Amendment of the Indian constitution makes education a fundamental right for all children aged 6-14 years. Today education system in India can be divided into many stages. Pre- Primary - It consists of children of 3-5 years of age studying in nursery, lower kindergarten and upper kindergarten. At this stage student is given knowledge about school life and is taught to read and write some basic......

Words: 1426 - Pages: 6