India: Key Economic and Demographic Figures
- Administrative System: A federation of 28 States and 7 Union Territories.
- Population: 1.13 billion.
- Surface Area: 3,287,590 km2 (6.5 times the size of Spain).
- Workforce: 510 million people employed in:Agriculture: 60%, Services: 28%, Industry: 12%
- Literacy Rate (2006): 65.38% (Kerala state is the highest at 90.92%).
- HDI (2006): Ranked 132nd out of 179 countries (Medium level).
- Language: Hindi (Official). English is an associate language and the primary language for business.
- Currency: Indian Rupee (INR) (€1 = 64 INR). [Click here to see the current exchange rate].
- Economy (2007): Model: Market economy since 1991. Foreign Exchange Reserves: US$ 229.34 billion. GDP: US$ 1.1 trillion. Growth: 8%. Exports: US$ 140.8 billion. Imports: US$ 224.1 billion. FDI (2007-2008): US$ 32.435 billion (Source: RBI).
- Politics: System: Stable democracy since independence (1947).
- Government Priorities: Ensuring a steady growth rate and reducing the fiscal deficit. Reforming the agricultural sector and promoting infrastructure and power generation. Attracting Foreign Direct Investment (FDI). Gradually phasing out entry barriers and bureaucratic hurdles..
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