India in 2004
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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Case Details: |
Price: |
| Case Code |
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ECOA118 |
For delivery in electronic format: Rs.
300;
For delivery through courier (within India): Rs.
300 + Shipping & Handling Charges extra
Themes- |
| Case Length |
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22 Pages |
| Period |
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2004 |
| Organization |
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| Pub Date |
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2004 |
| Teaching Note |
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Not Available |
| Countries
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India |
| Industry |
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Abstract:
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With the Indian economy growing at 8% a year, Indian politicians, businessmen,
diplomats and journalists are displaying a new sense of self-confidence. Foreign
exchange reserves at more than $100 billion, have reached record levels. The
country is riding the wave of globalisation of services, led by the computer
software industry. India has other reasons to be proud of.
In a region characterised by political instability and military coups, the
country has maintained a democratic framework since independence. Despite poor
literacy rates and widespread corruption, a high level of political awareness
has ensured that democratic norms are respected.
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Expectations are high from the new government led by Dr
Manmohan Singh, who took charge in May 2004. But a major crash in the stock
market on 17 May 2004 has made people sceptical about the government's
intentions to proceed with economic reforms. Despite the government's
disappointing budget in July 2004, many remain optimistic that the next budget
will have several measures to hasten the process of economic liberalisation.
Contents:
Keywords:
Indian economy, Indian industry, Reserve Bank of India, Dr
Manmohan Singh, Foreign trade in India, Mining in India, Banking and insurance,
National Democratic Alliance, India's GDP (gross domestic product), Agricultural
economy, Vajpayee, Congress, India Gandhi, Economic liberalisation, Democracy
India in 2004
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