ECONOMICA

        In recent times, India and SouthEast Asia           have witnessed an unprecedented rise                           in foreign trade   When it comes to the geographical location of our nation, India has occupied one of the most strategic positions in the world trade and markets. The Indian landmass has a central location between the East and the West Asia. India is a southward extension of the Asian continent. The trans Indian Ocean routes,  which connect the countries of Europe in the West and the countries of East Asia, provide a strategic central location to India. The deccan Peninsula protrudes into the Indian Ocean, thus helping India to establish close contact  with West Asia, Africa and Europe from the western coast and with Southeast and East Asia from the eastern coast. No other country has a long coastline on the Indian Ocean as India has and indeed, it is India’s eminent position in the Indian Ocean,which justifies the naming of an Ocean after it. Indi

Did you know? 3 startups are globally launched every second . However, a CBI statistic report shows that, on an average, 9 out of 10 new startups turnout as a failure.  Startup is defined as “ an entrepreneurial venture or a new business in the form of a Company or project initiated by an entrepreneur or a group of entrepreneurs, to seek, effectively develop, and validate a scalable business model .” Startups have been the flavor of the season over the past few years for the Indian markets, and this has resulted into the emergence of many home grown unicorns (privately held startup companies that are valued at over US $1b) across the nation. India saw the initiation of only 3,100 startups in 2014; but the digits gradually rose to 7,200 startups in the year of 2018, and this number is expected to reach up to 11,500 by the year 2020. Thus, we can see that the Indian startup ecosystem has really taken off in recent years and this is not a passing trend, but a revolution as a whole.  India

GDP and India India, a developing economy in the world market, has set its base to lead through the way. Various basics and super strong foundations of economic decisions are ready to lead India to the top position in the world trade and technology. It gives a strong prospect to the Indian economy to compete at the international level. India is said to be the 5th largest economy in terms of nominal GDP. Gross Domestic Product, is the unit for measuring the nominal growth of the economy as a whole. It includes the over all usage by the country in terms of production, distribution and consumption of materials such as goods and services. It also includes the trade in terms of export and import, to and from the country. Indian GDP gives out a simple but a deep formula of that particular usage.  Consumption expenditure (C) + Investment expenditure (I) + Government expenditure (G)+ (Exports - Imports)= Indian GDP. When India attained Independence in 1947, 90% of the Indian