Talk:Economy of India

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Fair use rationale for Image:Indian Oil logo.png[edit]

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BetacommandBot (talk) 06:58, 1 January 2008 (UTC)

Fair use rationale for Image:Saillogo.JPG[edit]

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BetacommandBot (talk) 13:50, 21 January 2008 (UTC)

Fair use rationale for Image:Ril logo.jpg[edit]

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BetacommandBot (talk) 04:23, 24 January 2008 (UTC)

Fair use rationale for Image:TCS LOGO.JPG[edit]

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BetacommandBot (talk) 06:29, 24 January 2008 (UTC)

Cite error[edit]

Can any contributor to this article fix cite error at ref 72 with named ref 2005-TI-study?--Redtigerxyz (talk) 05:13, 24 February 2008 (UTC)

Fair use rationale for Image:Infosys logo sml.gif[edit]

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BetacommandBot (talk) 12:44, 8 March 2008 (UTC)

Fair use rationale for Image:NTPC logo.png[edit]

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BetacommandBot (talk) 16:34, 8 March 2008 (UTC)

+Bombay Plan[edit]

I created the Bombay Plan earlier today. Would editors familiar with the history of the Indian economy please take a look at it? Thanks. -- Fullstop (talk) 21:50, 21 April 2008 (UTC)

Statistics Box[edit]

Somebody needs to change these statistics -- they're not even close to being right. GDP (PPP) of $5.21 trillion? Excuse me? This contradicts the figure given in List of Countries by GDP (PPP), and India is _not_ third on that list. The CIA World Factbook gives a figure of $2.989 trillion (2007 estimate). Also the per capita figures, both nominal and PPP, seem wrong, and do not match what's given in the CIA Factbook (which is the reference given). Shall I go ahead and change these numbers? I'm a little shocked that such grossly wrong statistics would be in a featured article... Kier07 (talk) 20:04, 26 July 2008 (UTC)


Actually it indeed is third largest if you go by PPP nominal figures. See link: https://www.cia.gov/library/publications/the-world-factbook/geos/in.html. It's 4.784 trillion (2012)below China ($12.38) and US ($15.66 trillion) If you go by GDP figures then it is 2 trillion dollars (US): https://www.cia.gov/library/publications/the-world-factbook/geos/in.html - See the economy section.

Not sure what you are getting so uppity about. — Preceding unsigned comment added by Kalkibhagwan (talkcontribs) 18:47, 16 May 2013 (UTC)

Image copyright problem with Image:Icicibank.gif[edit]

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The following images also have this problem:

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IMF bailout in 1991[edit]

... doesn't get a mention? ~ Riana 23:55, 27 October 2008 (UTC)

India was not "bailed out" by the IMF, it did have a "Currency Crisis" and subsequently implemented economic reforms by Dr. Singh. You can read about it on the IMF website here: http://www.imf.org/External/Pubs/FT/staffp/2002/03/pdf/cerra.pdf. 142.161.147.90 (talk) 23:13, 21 December 2008 (UTC)

NPOV issues and edits by Lalit Jagannath[edit]

The quality of this article has declined with edits by "Lalit Jagannath" et al, and it has introduced many NPOV issues. Normally, wikipedia articles start by discussing the size of the economy in terms of GDP, major inports and exports, etc. This is done with the United States [1], the economy of Brazil, [2] and the economy of the United Kingdom [3]. Many of the "history" points are not directly related to India's economy (malnutrition - there's an article on India and malnutrition in wikipedia) and HIV/AIDS (also already discussed in Wikipedia). I believe the selective use of these citations is used to set a negative tone about India. This article should be about economics, not subcontinental politics. I will remove the introduction and revert the article back to a previous version. 142.161.152.250 (talk) 23:50, 29 December 2008 (UTC)

I second the motion. Considerable bias on the part of User:Lalit Jagannath, who only seems to use sources that impart negative information, without any sense of balance or context. Major WP:SYN violation.Signswork (talk) 23:20, 4 January 2009 (UTC)

Signswork[edit]

From Wikipedia:Editing policy:

Whatever you do, endeavour to preserve information. Instead of removing, try to:

  • rephrase
  • correct the inaccuracy while keeping the content
  • move text within an article or to another article (existing or new)
  • add more of what you think is important to make an article more balanced
  • request a citation by adding the {{fact}} tag

Also, any replacement for the citation must be verifiable - that is, whether readers are able to check that material added to Wikipedia has already been published by a reliable source, not whether we think it is true. Editors should provide a reliable source for quotations and for any material that is challenged or likely to be challenged, or the material may be removed.Lalit Jagannath (talk) 09:24, 5 January 2009 (UTC)

The issue isn't rephrasing, citations, etc. This article looks nothing like the other economy articles in Wikipedia because of your vandalism. The previous version had reliable citations from WB, etc. Instead, you're incorporating information about regional imbalances which should be up front, are misleading, and unbalanced. For example, even the most elementary discussion of regional imbalance would start with a discussion of Gini coefficients, which you have not done. I will continue to remove your edits. You have not discussed your reordering of the article in the discussion, as a result, your changes will be removed. 128.189.208.27 (talk) 01:29, 6 January 2009 (UTC)

Economic development in India[edit]

Economic development in India [1] a GA was quietly redirected to here. Opinions please. Hometech (talk) 18:44, 30 May 2009 (UTC)

Inflation[edit]

Hey, I found an article written today that inflation is at .13%, which is a 30 year low [2]. Should we change it, I figure that if no one does it in 2 days, I'll change it myself, unless people tell me not to. Deavenger (talk) 19:19, 11 June 2009 (UTC)

GDP Growth Chart[edit]

Almost all Economy of *country* pages have a graph showing GDP Growth. Can we make one? Nikkul (talk) 22:31, 25 August 2009 (UTC)


Yes, I agree. We should make a table with GDP growth rate (real) and perhaps even predictions for the future? Mathaiman| —Preceding undated comment added 19:54, 2 October 2010 (UTC).

I've got a link regarding this matter. http://www.indexmundi.com/g/g.aspx?v=66&c=in&l=en

Erroneous Poverty statistics[edit]

The data provided for poverty percentage in 2008 (22%) is erroneous. The source indicates poverty 'estimates' for the year 2004-2005. There is no mention of estimate for the year 2008. Can someone verify or correct this data ?

jash121 (talk) 19:45, 4 December 2009 (UTC)

Absolute negative bias[edit]

Dear contributors, this article seems to be written with an absolute negative bias, words such as "just 44%", "is rare" et-al indicates that this article is written with high negative bias, no reference is made to articles such as this [3], this article probably needs to be re-written. I will share my 2 cents soon. --Cowboy forth worth (talk) 09:18, 1 March 2010 (UTC)

12th or 11th ?[edit]

Isn't india the world's 11th largest economy ? (see IMF update for 2009). Theeconomiics (talk) 20:06, 22 April 2010 (UTC) As of the 2009 list, yes. —Preceding unsigned comment added by Mathaiman (talkcontribs) 16:11, 3 October 2010 (UTC)


also in purchasing power India has become 3rd not 4th it has overtaken japa by april 2011 — Preceding unsigned comment added by 123.108.35.234 (talk) 10:30, 25 August 2011 (UTC)

2010 data?[edit]

It is just ridiculous to put 2010 year data on, because we are not even half way through 2010, stop this funny behaviour.

this is what the source says, see IMF 2010 data, by the way who r u? no signature?, KuwarOnline Talk 09:04, 29 June 2010 (UTC)

Proposal to change Lead Image[edit]

The current image in the lead shows notes of Rs 20 and 50 which are less common. The new proposed image includes notes of Rs 10, 100 and 500 which are commonly used. The current image will be cropped to form the final image. But I need suggestions through image annotations regarding the crop. Thanks! --JovianEye (talk) 03:40, 3 August 2010 (UTC)

Well whatever you willing to do go ahead.--Kkm010 | Talk with me 12:32, 18 August 2010 (UTC)
Support the change. However, the current image should then appear somewhere in the article to show how Rs 20 and 50 notes look like.

Vinay84 (talk) 06:56, 19 August 2010 (UTC)

Go ahead Sainath (talk) 11:46, 20 August 2010 (UTC)
Yes check.svg Done I have added it to the article. Regarding the earlier image, I dont think it should added somewhere below in the article. --JovianEye (talk) 23:12, 20 August 2010 (UTC)

I totally agree with U that there is no point of adding an old image. The new one is far better, I'm glad that you had found this image.--Kkm010 | Talk with me 18:16, 22 August 2010 (UTC)

Work needed[edit]

Hello everyone! This article currently appears near the top of the cleanup listing for featured articles, with six cleanup tags. Cleanup work needs to be completed on this article, or a featured article review may be in order. Please contact me on my talk page if you have any questions. Thank you! Dana boomer (talk) 17:49, 8 November 2010 (UTC)

Montage[edit]

It has been suggested during the course of the ongoing FAR that the image of the currency notes in the infobox (which at present seems to fail fair-use criteria) be replaced with a "collage of photographs representing India's main economic activities/strengths". Hence, I propose that a montage be created for the infobox to replace the existing image. Please post suggestions for images, that could be included in a montage, here. Regards, SBC-YPR (talk) 06:57, 16 April 2011 (UTC)

ITC external link on trade data[edit]

Hello everyone, I am working for the International Trade Centre (ITC). I would like to propose the addition of an external link that could lead directly to the specific country’s trade data held by ITC. I would like you to consider this link under the WP:ELYES #3 prescriptions. Moreover, the reliability and the pertinence of this link can be supported by the following facts 1) ITC is part of the United Nations 2) No registration is required 3) Trade data (imports/exports) are regularly updated 4) The link gives direct access to the trade database of the specific country 5) The addition of reliable trade data to the Economy section of the country could provide an appropriate contribution to the information therein contained. Thank you for your attention.Divoc (talk) 15:44, 29 April 2011 (UTC)

A Discursive Dominance Theory[edit]

Any cut paste text has been inserted within QUOTE MARKS.

The text taken from MPRA has also been referenced.

You cannot paste text from MPRA even it is referenced to MPRA. And pasting such a big chunk of text from one academic paper is undue. Economy of India is a general economy article. Any single theory about certain aspects of the economy cannot be given such weightage here. So there are two different problems here - a) copyright violation b) giving undue weightage to a single paper. Please summarize this to a two-three lines and add it to the "Post-liberalisation period (since 1991)" section. Per wikipedia rules, if someone opposes / contests your addition to the article, discuss it in the talk page before. I will post this message there too. We can continue this discussion there --Sodabottle (talk) 16:11, 28 June 2011 (UTC)

Expansion of Lead[edit]

I believe it is time for the lead section to be expanded. India is a rapidly growing economy, whose economic importance today is considerable. Compared to other economy articles such as Economy of South Korea, I believe that the lead must become bigger and much more informative.

AnkitBhattTalk to me!!LifEnjoy 17:47, 17 August 2011 (UTC)

SECTIONS[edit]

shouldn't the notes section actually be the references section? Gauravjuvekar (talk) 14:07, 8 December 2011 (UTC)

If different pages of a single reference work are cited (and there are more than one such reference works), we adopt the current nomenclature. - The "Notes" section contains works that are cited once with full information and names+pagenumbers of those cited multiple times. (Not a neat arrangement, but a good compromise IMO). The alternative format is to have three sections - Notes, References and Bibliography--Sodabottle (talk) 14:14, 8 December 2011 (UTC)

No section about Mining[edit]

There's no section (and hardly any mention) of Mining in India, even though it has its own large article (not even a link). Surely this is something quite important that should have a section. --Hibernian (talk) 19:55, 8 March 2012 (UTC)

Here or somewhere else (give example)?[edit]

99.181.133.62 (talk) 05:10, 10 July 2012 (UTC)

Income and consumption section[edit]

This wiki article has content in income and consumption section that, though interesting and added by wiki contributors in good faith, are irrelevant to income or consumption because these terms have specific meaning in economics. See, for example, Income–consumption curve. I intend to remove these irrelevant paragraphs, in the coming days/weeks, and replace them with Indian economy's income and consumption profile, data and comparative summary from WP:RS. If someone has objections or suggestions, I welcome a discussion here on the talk page. ApostleVonColorado (talk) 20:26, 10 July 2012 (UTC)

Poverty stats[edit]

User Kkm010 has reverted updated numbers. Let us discuss this revert here.

The source (http://povertydata.worldbank.org/poverty/country/IND) offers two charts, and the detailed report repeats the data as well. The poverty stats, by international standards, are in a chart titled: PEOPLE LIVING ON LESS THAN $1.25 A DAY. The left Y axis indicates millions, the right Y axis percentage. For 2010, this is 32.7% per the cited source. Another chart, titled: PEOPLE LIVING BELOW NATIONAL POVERTY LINE, similarly indicates the poverty level to be 29.8% for 2010.

Thus the change feels inconsistent with the cited source, and seems unjustified per WP:RS. I am reverting it in good faith. If user Kkm010 wants to revert it back, please do so after explaining/a discussion here on this talk page. ApostleVonColorado (talk) 14:58, 11 July 2012 (UTC)

I agree with you.--♥ Kkm010 ♥ ♪ Talk ♪ ߷ ♀ Contribs ♀ 09:40, 12 July 2012 (UTC)

Indian GDP (Nominal) and GDP (PPP)[edit]

A copy of world bank database page with the info in question.

Here and here, the data from world bank says that India's GDP (nominal) in 2011 was $1.84798 trillion.

It might also be noted that the same databank also claimed GDP (PPP) was $4.53 trillion (see the Photo). I can't seem to figure out a way to get a permanent link; so far, every link from the said databank is visible only within a time-limit.

The article states them as $1.676 trillion and $4.457 trillion respectively. $171.98 billion difference is a tad much, I think.

How do we solve this contradiction? IMO, the current figure in the article is bit outdated and the world bank figure seems to be the latest there is, which last got updated in July 2012. Mrt3366 (Talk page?) (New section?) 18:28, 23 August 2012 (UTC)

Addition: according to IMF estimates India's current (2012) GDP (nominal) is $1.779 trillion and GDP (PPP) is $4.824 trillion. Mrt3366 (Talk page?) (New section?) 09:45, 24 August 2012 (UTC)

Oh, and somebody please give me a {{tb}}, to avert any delay in response. Mrt3366 (Talk page?) (New section?) 18:32, 23 August 2012 (UTC)


  • I see no reason why the said updates could not be added to the article if no concerns are raised. I have not gone into a detailed analysis of the presented links, but I believe they can be updated immediately.Suraj T 17:02, 25 August 2012 (UTC)
Yes check.svg Done but there are other unsourced numbers added by IPs recently. Should we ask for semi-protection? Mrt3366 (Talk page?) (New section?) 18:19, 25 August 2012 (UTC)

IMF estimates for India can be found via this link http://www.imf.org/external/pubs/ft/weo/2012/02/weodata/weorept.aspx?sy=2010&ey=2017&scsm=1&ssd=1&sort=country&ds=.&br=1&pr1.x=76&pr1.y=11&c=534&s=NGDPD%2CPPPGDP&grp=0&a= the $1,946 is correct number — Preceding unsigned comment added by Notashamed (talkcontribs) 15:58, 14 March 2013 (UTC)

Logic problem in major claim[edit]

"This model contributed to widespread inefficiencies and corruption, and the failings of this system were due largely to its poor implementation." / "But even this system could have delivered more had it been better implemented. It did not have to degenerate into a 'license-permit-quota raj'... "

Both quotations are given. I'm confused as to whether it's a quotation of a 1936 text in a 2006 research article. And I find the logic hard to work out. The model itself contributed to inefficiencies and corruptions, we're first told. Then we're told that it was only the implementation of the model that caused this. I guess if any model is poorly implemented, things go wrong. But I'm assuming the model itself is the point of the claim. Can it be clarified—both the logic and the referencing? Tony (talk) 11:02, 30 April 2013 (UTC)

Also, P.V. Narasimha Rao was PM over six years in the 90s (but is mentioned after finance minister Manmohan Singh, who was also PM last year (for a month)). I'm really confused. The agency of both men needs to be clearly stated in terms of the years in which they held office, or better, pushed through the relevant reforms. Tony (talk) 11:09, 30 April 2013 (UTC)

Factual errors with the british colonial economic era part[edit]

The current railway system is not a construct of british, a popular myth repeated again and again. The railway tracks were complete mess of broad gauge, metre gauge and others with substandard bogies and decades old technology. I don't see how it can be considered to be a contribution when it was just a shitty mess left to be corrected and sorted by the post independent government.

white washing colonization wouldn't erase the crimes of it. — Preceding unsigned comment added by Kalkibhagwan (talkcontribs) 19:10, 16 May 2013 (UTC)

World Economic History : GDP India and World[edit]

According to economic historian Angus Maddison in his book The World Economy: A Millennial Perspective, India was the richest country in the world and had the world's largest economy during 0 BCE and 1000 BCE.[4][5] Also for most of the period when China was the dominant economy in the world, India held the second position of the largest economy.[4]

(Economic facts and statistics are missing in economic section and Wikipedia article. Include the above reality into India main wikipedia article.)

References[edit]

Unemployment inconsistency[edit]

The statistics section lists unemployment as 3.8%, the overview as 9.8%, and both point to the same source page. I'm unable to determine which is correct,sex but clearly they can't both be! --Ehsanit 15:24, 18 July 2013 (UTC)

Economic disparities[edit]

The map given in the 'Economic disparities' section says that the average GDP per capita (PPP) in 2011 is 5138 US $. The state wise data shows that only few small states like Haryana, Delhi,Puduchery, Goa and Chandigarh (total constituting 2% of Indian population) are having per capita above the national average. The average per capita GDP of India is very much on higher side. The data given in the map needs correction. (refer the source link provided in the image file)

India is third largest producer of electricity (refer Electricity sector in India) and fourth biggest energy consumer in the year 2013 (refer Energy policy of India). The article says India is fourth largest electricity producer quoting 2011 data. The data needs to be updated.

The article says infrastructure is part of Service sector at one place and only infrastructure operation is part of service sector in another place. I think latter statement is correct. Mismatch to be rectified.49.207.240.4 (talk) 11:15, 24 August 2014 (UTC)

External link[edit]

Hello everyone, I am working for the International Trade Centre (ITC), a UN/WTO agency that aims to promote sustainable economic development through trade promotion. I would like to propose the addition of an external link (http://www.macmap.org/QuickSearch/FindTariff/FindTariff.aspx?subsite=open_access&country=SCC699%7CIndia&source=1%7CITC) that leads directly to our online database of customs tariffs applied by India. Visitors can easily look up market access information for India by selecting the product and partner of their interest. I would like you to consider this link under the WP:ELYES #3 prescriptions. Moreover, the reliability and the pertinence of this link can be supported by the following facts 1) ITC is part of the United Nations, and aims to share trade and market access data on by country and product as a global public good 2) No registration is required to access this information 3) Market access data (Tariffs and non-tariff measures) are regularly updated

Thank you, Divoc (talk) 14:54, 25 August 2014 (UTC)