India case study Flashcards
trade bloc
9 countries in SAFTA
how much did India export to USA in 2022
118.1 billion
What was india’s FDI from the USA
2023 6 billion US dollars
TNCs land grabbing displacement
Nike TNC in regions of states of Tamil Nadu
change in trade overtime
-Until early 1990s it had import substitution trade policy
-It has become more liberal since then
Now one of the worlds largest exporters
Shift in sector contribution of GDP from agriculture to services
how much has India involvement in global exports increased by- from 2 percent in 2005 to 4 percent currently
what India’s trade growth recently - 18.6%
child labour
According to the 2011 Census, there were over 10 million children (about 4% of the total child population aged 5-14) engaged in child labor.
strong relationships with EU
14.9% of its exports go to the EU
how has trade with eu improved human rights
This trade encouraged India to consolidate 29 central labour laws into 4 labour codes in 2020.
less discrimination to women
had policies such as the maternity benefit Act 2017 that increased the duration of paid maternity leave, this was done in efforts to align with global standards because of economic trade
rural inequalities
The poverty rate in rural areas was about 25.7%, compared to 13.7% in urban areas displaying the inequalities in growth and development.
service sector growth
year 2022-2023, the services sector in India grew by approximately 9.1%.