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tion 2010 estimate 1,185,947,000 2nd Government Federal constitutional parliamentary democracy
Indian economy
The economy of India is the eleventh largest economy in the world. After strong economic reforms from the socialist inspired economy the post independence india, began a fast economic growth, free market principles were initiated in 1990 for international competition and foreign investment.
India is an emerging economic power with plenty of human and natural resources, and a lot of skilled professionals. Economists predict that by 2020, India will be among the leading economies of the world.
India's service industry is the 55% of the country's Gross Domestic Product, while the industrial and agricultural sector contribute 28% and 17% respectively. Agriculture is the predominant occupation in India, accounting for about 52% of employment. The service sector,34%, and industrial sector around 14%.
The labor force totals half a billion workers. Major agricultural products include rice, wheat, oilseed, cotton, jute, tea, sugarcane, potatoes, cattle, water buffalo, sheep, goats, poultry and fish. Major industries include telecommunications, textiles, chemicals, mining, petroleum, machinery and information technology.
Is the 27th largest economy in the world in terms of purchasing power, and the 45th largest in absolute dollar terms. It has a semi-industrialized economy, which mainly encompasses textiles, chemicals, food processing, agriculture . Growth poles of Pakistan's economy are situated along the Indus River(Fotos del indus river, mapas), diversified economies of Karachi and Punjab's urban centers, coexist with lesser developed areas in other parts of the country. The economy has suffered in the past from decades of internal political disputes, a fast growing population, mixed levels of foreign investment, and a costly, ongoing confrontation with neighboring India.