Pratiyogita Darpan General Studies Economy in a vision is crispy summary of what constitute the bedrock of Indian economy in terms of important aspects of Indian economy, India's mineral and energy resources, national income of India, population, agriculture, industrial development, currency and banking, development and employment program in India, transport and communication, revenue, policy first, economic planning in India and its relation with international organization. The book is telling commentary on the reasons behind India having been emerged as the fastest growing major economy in the world as per the Central Statistics Organization (CSO) and International Monetary Fund (IMF).
The aspirants of civil services competition find the issue extremely useful from the viewpoint of factual data. The economy of India is the sixth-largest in the world measured by nominal GDP and the third-largest by purchasing power parity (PPP). The editorial board of PD Group has delved deep into the world of facts, concepts and trends in Indian economy to give a final shape to this edition. The country is classified as a newly industrialized country, and one of the G-20 major economies, with an average growth rate of approximately 7% over the last two decades. India's economy became the world's fastest growing major economy. The issue objectively analyses that the long-term growth prospective of the Indian economy is positive due to its young population, corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. India has topped the World Bank's growth outlook for the first time in fiscal year 2015–16. Growth is expected to have declined slightly for the 2016–17 fiscal year but there is no scope for despair or disappointment. The book authenticates the prospects for solid economy through the presentation of broad picture from various sectors of the country.
The focus in our analysis is the service sector which is one of the fastest growing sectors in the world with an annual growth rate above 9% since 2001. Who can deny that India has become a major exporter of IT services, Business Process Outsourcing (BPO) services. In our scheme of things with regard to the presentation and details in the current edition we have projected what is in store for the country in near as well distant future. India is expected to be the third largest consumer economy as its consumption may triple to US$ 4 trillion by 2025, owing to shift in consumer behavior and expenditure pattern, according to a Boston Consulting Group (BCG) report; and is estimated to surpass USA to become the second largest economy in terms of purchasing power parity (PPP) by the year 2040, according to a report by PricewaterhouseCoopers. India has become the world's fastest growing large economy, and is expected to grow five-fold by 2040, owing to a series of policy measures. So everything that an aspirant aspires to learn to brace for the battle ahead is contained in each and every page of the book. Get immersed in the ocean of knowledge if you want to get salvation in the world of competition. Believe us we are saying truth.