National currency
Rupees (One Rupees=100 paise)
India has a diverse economic base. Agriculture (about 55 per cent of the land is arable) makes up some 30 per cent of the gross domestic product (GDP) and employs almost 70 per cent of the Indian people.
India produces large amounts of machine tools, electronics, armaments, transportation equipment and chemicals. It also has a growing computer software industry. Its large motion picture industry is concentrated in Bombay.
In 1990, the government departed from its traditional policy of self-reliant industrial activity and development and worked to deregulate Indian industry and attract foreign investment.
Indian professionals in the field of It , medical , engineering etc are today respected across the Globe. Hectic economic activities and the vibrance of people to achieve excellence is all set to put India on top of the world in the new millennium. |
