India Globalisation Flashcards
What is the population of India
1.32 billion
When were barriers to trade opened and what did this do to India’s growth
Trade barriers opened (1990)
Growth of 7.6%
What is G20
A group of countries with the highest gdps in the world
What happened to India’s life expectancy and literacy rate
Between 1990 and 2015 life expectancy rose from 59 to 68
Literacy rate grew from 50% to 78%
What has this improvement led to
Because of a skilled English speaking workforce and low labour costs many TNCs use India for tech support and call centre jobs
What is the negative of globalisation
Unequal wealth distribution as many live on less that 1.25 usd a day
58% live on less than $3.10 a day
Communist militants are seen as India’s biggest risk to national security