Indian Economic Growth
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Indian Economic Growth
The economy of India has transitioned from a mixed planned economy to a mixed middle-income developing social market economy with notable state participation in strategic sectors. * * * * It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 142nd by GDP (nominal) and 125th by GDP (PPP). From independence in 1947 until 1991, successive governments followed Soviet style planned economy and promoted protectionist economic policies, with extensive state intervention and economic regulation. This is characterised as dirigism, in the form of the License Raj. The end of the Cold War and an acute balance of payments crisis in 1991 led to the adoption of a broad economic liberalisation in India. Since the start of the 21st century, annual average GDP growth has been 6% to 7%, and from 2013 to 2018, India was the world's f ...
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Disruptive Editing
Disruption, disruptive, or disrupted may refer to: Business *Creative disruption, disruption concept in a creative context, introduced in 1992 by TBWA's chairman Jean-Marie Dru *Disruptive innovation, Clayton Christensen's theory of industry disruption by new technology or products Psychology and sociology *Disruptive behavior disorders, a class of mental health disorders *Disruptive physician, a physician whose obnoxious behaviour upsets patients or other staff *Social disruption, a radical alteration, transformation, dysfunction or breakdown of social life Other uses *Cell disruption is a method or process in cell biology for releasing biological molecules from inside a cell *''Disrupted: My Misadventure in the Start Up Bubble'', a 2016 book by Daniel Lyons *Disruption (adoption) is also the term for the cancellation of an adoption of a child before it is legally completed *Disruption (of schema), in the field of computer genetic algorithms *Disruption of 1843, the divergence o ...
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