Comparative analysis of STEEPLED analysis of Venezuela and

Gujarat

Factor Sub-factor Venezuela Gujarat

In 2013, 27% of the female In 2013 47.97% of the

Woman in work working-age population was
part of the labor force. Female working-age population
Force is part of labor Force

Social
The literacy rate for the The literacy rate for the country
Education level country in 2015 was 82.70% in 2015 was 87.23% for males
for males and 62.5% for and 70.73% for females.
females.
The Gujarat state Research
The Venezuela State and the and development center is
Research and
Venezuela Textile & Clothing Technological mission of cotton
development
Technological Industries Association. (TMC)
Telecommunicat- 44 Million Cell Phone 96.38 lakhs internet connection
on Infrastructures: Subscribers, 9.97 Million
Internet Users in Venezuela.
 GDP growth Rate GDP growth rate was 4.5% in GDP growth rate was 12.8 % in
2015. 2015.

Budget Deficit 8.4 % of total GDP 6.9% of total GDP.

Economical
Interest rate 2.25% 5%

Exchange rate 1.0 US $ = 9.69 MAD 0.15 1.00 US $= 66.70 NR

MAD= 1.00 INR

Public and Venezuela has adopted in its

Government development strategy the The government of India is
mindset about concept of sustainable committed to the preservation of
environment development that promotes ecological Balance. Pollution free
A balance Between technology and recycling of

Environmental. industrial wastes and effluents has

Environmental
Both consumers And become a Corporate concern.
governments penalize firms
for having adverse effect on
the environment.
 Environmental 81th rank in 2014 155 rank in 2014
Performance
Ranking

Infrastructures Venezuela launched large-scale The expenditure incurred by

projects aimed at infrastructure development shall be
only Considered. The construction
elevating its infrastructure to norms shall be Decided by SLAC.
international standards.

Political party United Socialist Party of Venezuela Bharatiya Janata Party (BJP)
Political

Taxation law The Venezuela tax system, The The government of Gujarat made
for e sake of simplification, policy for refund of VAT on expansion
of and existing and new units And
been

Labor law According to labour law the According to labour law the minimum
Legal Minimum wages is MAD 10.64 for wages is Rs. 312 for skilled worker,
industry, trade and the free
professions. It is MAD 55.12 per day Rs.303.80 for semi-skilled and
and the Agriculture law allow the Rs.295.80 for unskilled work in
employee to work 48 hours per Gujarat. Total working hours 48 per
week and for non Agriculture 48 week.
hours per week
 Ethnic mix Venezuela population Is
composed of Arabs, Berbers
and Sahrawi. Intermarriage
Ethical between different groups is
common, as Is intermarriage
with various other sub-
Saharan African minorities.
Population size 32.6 Million
Demographical
710850 sq. Meter
Geographical
Area
1.37 % in 2016
Population growth
rate
The population in Gujarat with
the largest number of Adherents
are: Hinduism, Islam, Jainism
Christianity, Sikhism and
Buddhism. Hinduism is the major
religion of the state, as about
89% population of the state is
Hindu.
6.03 cr.
196.024 billion m2
1.2 %