The Economy in India
India has an economy ranked as the 10th largest in the world in terms of currency conversion and 4th largest in terms of purchasing power parity. It recorded one of the fastest annual growth rates of around 8% in 2003. Owing to its large population, however, India’s per-capita income by purchasing power parity works out to be just $3,262 (USD), ranked 120th by the World Bank. India’s foreign exchange reserves amount to over $143 billion (USD). While a quarter of Indians still live below the poverty line, a large middle class has now emerged along with the growth of a promising IT industry. The Indian economy has shed much of its historical dependence on agriculture, which now contributes to less than 25% of the GDP. Other important industries are mining, petroleum, diamond polishing, films, textiles, information technology services, and handicrafts. Most of India’s industrial regions are centered around major cities. In recent years, India has emerged as one of the largest players in software and business process outsourcing services, with revenues of $17.2 billion (USD) in 2004-2005. There are also a lot of small-scale industries that provide steady employment to many of its citizens in small towns and villages. While India receives only around three million foreign visitors a year, tourism is still an important source of its national income, contributing 5.3% of India's GDP. The actual employment generation, both direct and indirect, is estimated to be 42 million, or about 10% of India’s work force.
Say it in Hindi
Thought of as the most important Indian language, Hindi is only spoken as a first language of 20% of the population. Nevertheless, it is the official language of the Indian government and seven states of India. Although it is not easily identifiable to most English speakers, Hindi has many of the same grammatical features of English.
Hello/Goodbye Namaste
Yes Jee hang
No Jee Naheeng
Thank you Shukriyaa
Excuse me/Sorry Kshamaa Keejiye
I’m lost Maing raastaa bhool gayaa
How much for…? … kaa kiraayaa kitnaa hai?
Where is the bathroom? Gusalkaanaa kahaang hai?
Do you speak English? Kyaa aap ko angrezee aatee hai?
I don’t understand Maing naheeng Samjhaa
posted by Hills @ 6:56 AM
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