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{{Historical}}
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[[Image:Bombay-Stock-Exchange.jpg|none|150px|The Bombay Stock Exchange is the country's main stock exchange.]]
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The '''[[economy of India]]''' is the fourth-largest in the world as measured by [[purchasing power parity]] (PPP), with a [[Gross Domestic Product|GDP]] of $3.3 [[1000000000000 (number)|trillion]]. When measured in [[United States dollar|USD]] [[exchange rate]]s it is the tenth largest in the world, with a GDP of $691.8 billion. However [[India]]'s huge population results in a relatively low [[per capita]] income ($3,100 at PPP). Services are the major source of economic growth in India today, though two-thirds of Indian workforce earn their livelihood directly or indirectly through agriculture. In recent times, India has also capitalised on its large number of highly-educated populace fluent in the [[English language]] to become a major exporter of [[software]] services, [[financial]] services and [[software engineering|software engineers]]. For most of India's independent history, a [[socialist]] inspired approach was adhered to, with strict government control and regulation on [[private sector]] participation, [[foreign trade]] and [[foreign direct investment]]. Since the early 1990s, India has gradually opened up its markets through [[liberalization|economic reforms]] by reducing government controls on foreign trade and investment. The socio-economic problems India faces are the burgeoning population, growing [[Economic inequality|inequality]], lack of [[infrastructure]], growing [[unemployment]] and growing [[poverty]]. ('''[[Economy of India|more...]]''')

Portal:India/SC Summary/SA Economy of India - Revision history

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