Indian Economy: 2009 Vs. 2010

Introduction Indian Economy is the eleventh largest economy in the world by nominal GDP and the fourth largest economy in the world by purchasing power parity (PPP). India was under social democratic based government under 1947 to 1991. This economy was based on public ownership and protectionism with slow growth rate. Since 1991, India changed its policy and reformed it to a market-based economy. The currency of India is the Indian Rupee. As…