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GDP (FY 2008): $1.21 trillion ($1,210 billion).

Real growth rate (2008 est.): 6.6%.

Per capita GDP (PPP, FY 2008): $2,900.

Natural resources: Coal, iron ore, manganese, mica, bauxite, chromite, thorium, limestone, barite, titanium ore, diamonds, crude oil.

Agriculture: 18% of GDP. Products--wheat, rice, coarse grains, oilseeds, sugar, cotton, jute, tea.

Industry: 29% of GDP. Products--textiles, jute, processed food, steel, machinery, transport equipment, cement, aluminum, fertilizers, mining, petroleum, chemicals, and computer software.

Services and transportation: 54% of GDP.

Trade: Exports(FY 2008)--$176.4 billion; engineering goods, petroleum products, precious stones, cotton apparel and fabrics, gems and jewelry, handicrafts, tea. Software exports--$22 billion. Imports (FY 2008)--$306 billion; petroleum, machinery and transport equipment, electronic goods, edible oils, fertilizers, chemicals, gold, textiles, iron and steel. Major trade partners-- U.S., China, U.A.E., EU, Russia, Japan.

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13y ago
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11y ago

eople make their money by working hard in India

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14y ago

Agriculture

Exports

Railways

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13y ago

The answer is by working their socks out for someone.

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12y ago

agriculture

tea plantation

slavery

child labour

livestock

pottery

markets

crops

shops and shacks

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12y ago

they created Chess

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11y ago

Because they go around and find money.

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13y ago

tea

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Q: How do the people in India earn money?
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Why is jute called golden fibre of India?

jute is grown as a commercial crop so people earn money.It is not bought or sold with money(currency) but with goldso that is why it is known as a golden fibre in India


What is the Name for rich important person in India?

Rich people in India are those who earn above Rs 35


How much money do people earn per year in Australia?

depends what job...


What is the relationship between income and investment?

The money that people earn for the hard work that they do is termed as 'income'. It can be termed as 'salary' for the person who is an employee with an organisation. Other people earn money either by doing a sole business, or becoming a partner with a Partnership firm, or by working as an employee in an organisation. This hard earned money that people earn has to be secured for the future as we all know that the future is very uncertain and to live a happy life people invest this money depending on their risk appetite. Along with saving, investment is also an important aspect for an individual. The reason behind this is that the value of money increases by doing investment. For ex: people usually invest in equity markets to get returns in the form of dividend. This dividend can fulfill the daily needs of his family by also providing capital appreciation to his money that he has invested. Investment adds value to your income and also earns returns. Thus, income earned has a direct relationship with investment. In India, we have wide variety of products in which a person can invest depending upon his income as well as his risk appetite.


How much does India earn in a year?

The total revenue of India was estimated at $181.3 billion billion in 2013.

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In India many of people are illiterate and they are not able to earn money for their family to fulfill their basic needs.They are under poverty.If a person will be literate he will be able to earn income.


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1$ a day at most


How do most people earn their living in India?

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Why is jute called golden fibre of India?

jute is grown as a commercial crop so people earn money.It is not bought or sold with money(currency) but with goldso that is why it is known as a golden fibre in India