Banking Awareness February To July Set-1 2018 | Free PDF Download – IBPS/SBI PO Clerk/RBI Grade B/JAIIB/CAIIB

World Bank figures for 2017 India has become the world’s 6th biggest economy, pushing France into seventh place, according to updated World Bank figures for 2017 The world’s top 5 economies are:
1. The United States
2. China
3. Japan
4. Germany
5. UK
The Indian economy grew at 6.7 percent in 2017-18 (CSO) In the 3rd quarter (October-December 2017) the GDP grew at 7 percent In the 4th quarter (January-March 2018) the GDP grew at 7.7 percent

Is make in India a success ?

Aims

1. boost the manufacturing sector in India 2. attracting investments from other countries by inviting global manufacturing companies to ‘make in India’

Targets

1. To increase the share of manufacturing sector in the country’s gross domestic product (GDP) to 25% by 2022 2. Create 100 million additional jobs by 2022 in the manufacturing sector alone.

Is make in India a success ?

The % of the manufacturing industry in India’s GDP has come down to 15 percent in 2017, according to World Bank data. The manufacturing industry in India had a 17.4 percent in country’s overall GDP in 2006. However, when the scheme was launched in September 2014, the share of manufacturing in GDP did rise marginally from 15.06 percent in 2014 to 15.4 percent in 2015 but has continuously been falling since then.
OECD & FITCH
7.4% in 2018-19
7.5% in 2019-20
OECD HQ – Paris
IMF – International Monetary Fund
Moody’s
World Bank (WB)
7.3% in 2018-19
7.5% in 2019-20
World Bank and IMF HQ – Washington
Chief WB – Jim Yong Kim
Chief IMF – Christine Lagarde
Note ban hit GDP growth by up to 7.3 percentage
points: World Bank
Reserve Bank of India 7.4% in 2018-19
Climate change could cost India 2.8 per cent of GDP, and depress living standards of nearly half of its population (600 Million) by 2050, as average annual temperatures are expected to rise by 1-2 per cent over three decades

World Bank

The worst hit would be people in 10 districts, 7 of the 10 severe hotspot districts are in the Vidharbha region of Maharashtra. The rest are in Chhattisgarh and Madhya Pradesh
By 2050, Chhattisgarh and Madhya Pradesh are predicted to be the top two climate hotspot states and are likely to experience a decline of more than 9 per cent in their living standards World Bank
Asian Development Bank (ADB)
7.3% in 2018-19
7.6% in 2019-20
ADB HQ – Manila
Chief – Takehiko Nakao
Confederation of Indian industry (CII)
7.3-7.7% in 2018-19
8% in 2019-20
CII President – Rakesh Bharti Mittal
Economic Survey 2018
7-7.5% in 2018-19
India right now is a 2.5 Trillion Dollar
Economy

Target

5 Trillion Dollar Economy – 2025
10 Trillion Dollar Economy – 2030

% of women in Indian workforce ?

India’s labour market is the second largest in the world, after China, with a working age population of about 520 million people. In a recent study, the World Bank noted that over 21 million Indian women dropped out of the rural workforce between 2005 and 2012. On the other hand, only two million Indian women joined the urban workforce.

% of women in Indian workforce ?

Recent labour data from a government survey dated 2015-16 reveals that women comprise only 16.2 percent of all urban workers and 26.7 percent of all rural workers. In 1972-73, Indian women comprised 13.4 percent of all urban workers and 31.8 percent of all rural workers.
The overall rate of female labour force participation declined as the Indian economy opened up, urbanized, and diversified with the growth of new industries, unlike most other regions in the world. Opposite to the US and China They improved gender balance, we didn’t Female labour force participation is 56 percent in the US and 64 percent in China
2017 IMF study states that increasing the female labour force participation will grow India’s GDP by an estimated 27 percent Not educating girls or creating barriers in their school education globally costs between USD 15 to USD 30 trillion India ranks 108th out of 144 countries in World Economic forum’s Gender Gap Index

Government efforts to reduce disparity

1. The Companies Act, 2013 forced companies to name at least one woman on the corporate boards of listed and certain other companies.
2. The Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Act, 2013
3. The Maternity Benefit (Amendment) Act, 2017 provides women in the organized sector paid maternity leave of 26 weeks, up from 12 weeks

Loans / Credit
By the WORLD BANK

Uttarakhand Workforce Development Project To improve the quality and relevance of training at priority Industrial Training Institutes (ITIs) and to increase the number of labor -market-relevant workers through short-term training in Uttarakhand

Atal Bhujal Yojana – National Groundwater Management Improvement aimed at sustainable ground water management with community participation in select over – exploited and ground water stressed areas in seven States (Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh)

Additional Financing for PMGSY Rural Roads Project will build 7,000 km of climate resilient roads, out of which 3,500 km will be constructed using green technologies.

India Energy Efficiency Scale-Up Program The Program, to be implemented by the Energy Efficiency Services Limited (EESL), will help scale up the deployment of energy saving measures in residential and public sectors

Guarantee – 80 Million USD

Strengthening Public Financial
Management in Rajasthan

to contribute to improved budget execution, enhanced accountability, and greater efficiency in revenue administration

National Rural Economic
Transformation Project

National Nutrition Mission

NNM targets to reduce stunting, under-nutrition, anemia (among young children, women and adolescent girls) and reduce low birth weight by 2%, 2%, 3% and 2% per annum respectively. Although the target to reduce Stunting is at least 2% p.a., Mission would strive to achieve reduction in Stunting from 38.4% (NFHS-4) to 25% by 2022