India Flashcards
Main Points
Aid, Trade & Investment
Changing Population & Changing social factors
Geopolitics
Technology and Connectivity
TRADE
Until 1990s—lots of tariffs & import restrictions
Reducing these barriers to trade meant India’s imports & exports rose quickly & India become more integrated in global trade.
India’s imports—crude oil, gold, electrical goods India’s exports—oil products, gems & jewellery
AID
Historically India has been significant recipient of foreign aid.
Now spends $1.3billion on aid to other countries (eg Nepal, Afghanistan, Sri Lanka). This is 2x what it itself receives in aid.
Government
education, health, transport & housing these help India develop. The public sector is also a v. large employer in India
FDI
private companies by TNCs & smaller business, especially in tech sector. Brought in $34 400 million in 2014
Population Growth
1985 = 782 million; 2015 1.3 billion
68% increase since 1990
Population structure changes
- smaller number of under 15s
- more economically active people (15-64)
- more elderly (65+)
Life expectancy
Increased; 1985=54; 2015= 68
- reduced infant mortality rate
- reduced maternal mortality rate
Increased inequality
- status of women still low; wider gap between rich & poor; old people don’t benefit from progress
Growing middle class
-more disposable income, large consumer market
Improved education
investment in schools, strong private sector education.
GEOPOLITICS
is the impact of a country’s physical & human geog on its international politics & relations.
Foreign Policy
building links with France, Germany & Canada to encourage investment in defence, energy &infrastructure. Eg Struck a deal with Canada to be provided with 3.2million kg of uranium
Defence
In discussions with USA to be provided with shared logistics for warships, fighter planes and personnel which could help provide humanitarian aid and disaster relief.
Military Pacts
Signed a pact for Russia to supply Indian army with missiles, help develop fighter jets and build more nuclear power reactors. This will increase income from exports