International Journal of Research in Economics and Social Sciences
  • Year: 2017
  • Volume: 7
  • Issue: 2

Analysis of performance of economic indicators of indian economy

  • Author:
  • Ms. Kavita
  • Total Page Count: 18
  • Page Number: 92 to 109

Research scholar, Department of management studies, BPS Women University, Khanpur Kalan, Sonipat, Haryana

Online published on 27 July, 2017.

Abstract

The indicators of economy are very important as the economic indicators measure the true and fair picture of the overall economy. The economic indicators determine the behavior and trends of economic activities. The estimation of economic indicators is useful for various users such as policymakers and other users because the condition of economy can be determined on the basis of the status of economic indicators whether an economy is moving in positive or negative direction. India is counted as the fastest growing economy in the world and placed at the 9th rank among the nations over the world. The growth of a nation is directly depends on the trends of its economic activities. The performance of economic indicators contributes to the overall development of a nation. Thus, it is contemporary to study the status of various economic indicators which stimulate the growth of a country and play essential role in determining the position of an economy.

The present study examines the performance of the economic indicators of India such as GDP, capital formation, exports-imports and status of employment. The study is based on the secondary data collected for fifteen years (2000–2015). The findings suggest that performance of economic indicators is significant in determining the growth of economy and there was positive trends have been observed in the selected economic indicators under the period of study.

Keywords

Capital formation, exports-imports, Indian economy, GDP, and unemployment