Thursday, June 13, 2019
India- Socio- Cultural Variables Essay Example | Topics and Well Written Essays - 750 words
India- Socio- Cultural Variables - Essay ExampleDuring the last century go the worlds population grew terzetto fold, India population grew four fold. This change magnitude could have been much more if the government of India had not adopted population control measures for the last three decades. Spread over an area of around 3.3 million square kilometers, it is the seventh largest country in the world. India is the worlds largest democracy with a population nearly four times that of the United States. Indian government has adopted the British Parliamentary system with valuable inputs from USA and European governments.Population density is an indication of population concentration. It is be as the number of persons per square kilometer. Official census figures of government of India indicate that the population density of India in 2001 was 324 persons per square kilometer, which indicates that now 57 more sight live in a square kilometer area in the country than the number that lived a decade ago. In 1901 the density of India was as little as 77 and this steadily increased from to reach 324 in 2001. The cause of worry for the Indian government is that this increase is not matched equally by the increase in healthy food, diet and other resources. Per capita income in India is approx. INR 12500 i.e. approx. $290. Contrast this with the per capita income of US, which is more than $40000, while US population is less than one fourth of India. Such unreassuring figures give rise to discontentment amongst the masses. If we look towards India as a trade, it is indeed a very attractive market. Because, market needs customers - the more the merrier. Of late this market of more than a Billion people has been attracting MNCs in good numbers. If per capita income is less here then cost of production is also less so goods and go are priced accordingly. Indian government is also in the facilitating mode to Investments from abroad. Therefore from the investment point of view Id give it 7 out of 10.Age visibility and Employment ScenarioThough official poverty figures have been coming down sharply e.g. the figures indicate that poverty ratio came down from 36% in 1993-94 to 26% in 1999-2000, yet a large number of educated younker remain unemployed. The population of India is estimated to be 1.4 billion (1,400 million) by the year 2025, and youth will form the majority of the population. With this problem in sight, the tenth five-year plan targets that gainful and high-quality employment will be provided to the majority. Unlike some of its neighbors, education level in India has been quite good. Engineering and Management graduates from Indian Institutions have left their mark in many international companies. The Pentium chip of Intel had the brain of an Indian. Majority of the H1B visa holders in USA are from India. The recent trend of outsourcing ITES towards Indian subcontinent is the testimony for the education level and technical capability o f Indian youth. From an Investment point of view, I touch Indian youth will prove very helpful. Ill give 9 points out of 10. Entrepreneurship cultureHistorically, India is not much known as the nation of venture capitalists. Indians preferred to play safe. But the IT bug seems to have converted them into venture capitalists as well. For example, Hotmail was the brainchild of a 25 year old Indian youth Sabeer Bhatia. He made billions by selling it to
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