India Economy - Search
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  1. CurrencyIndian rupee (INR, ₹)
    Fiscal year1 April – 31 March
    Trade organisationsWTO, WCO, SAFTA, BIMSTEC, WFTU, BRICS, G-20, BIS, AIIB, ADB and others
    Country groupDeveloping/Emerging · Lower-middle income economy · Mixed economy · Newly industrialized country · Welfare state · Socialist state
    History

    For a continuous duration of nearly 1700 years from the year 1 CE, India was the world's largest economy, constituting 35 to 40% of the world GDP. The combination of protectionist, import-substitution, Fabian socialism, … See more

    Sectors

    Agriculture and allied sectors like forestry, logging and fishing accounted for 18.4% of the GDP, the sector employed 51.2 crore persons or 45.5% of the workforce in India are employed in agriculture. India is major agriculture … See more

    Security markets

    The development of Indian security markets began with the launch of the Bombay Stock Exchange (BSE) in July 1875 and the Ahmedabad Stock Exchange in 1894. Since then, 22 other exchanges have traded in Indian citie… See more

    Foreign trade and investment

    Until the liberalisation of 1991, India was largely and intentionally isolated from world markets, to protect its economy and to achieve self-reliance. Foreign trade was subject to import tariffs, export taxes and quantitativ… See more

     
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