Macroeconomics Group Project
- 1. MACROECONOMICS: MOVIE LOCATION (INDIA) By: Amsara Holly, Kaecianna Cooper, Michael Cantrell and Isabella Wielga
- 3. Geography
- 4. CLIMATE India has 6 Major Climatic Subtypes • Desert (West) • Alpine Tundra (North) • Mountain/Glaciers (North) • Humid Tropical Regions (Southwest) • Tropical Dry (Northeast) • Tropical Wet (Northeast) Seasons • Winter (January- February • Summer (March- May) • Monsoon/ Rainy Season (June- September) • Post-Monsoon (October- December)
- 5. GOVERNMENT STRUCTURE The Government Structure is known as a Parliamentary Democratic Republic Government (Central/Union) - The President is considered the Head Of State - Prime Minister is responsible for running and administering the government smoothly - Divided into 3 main sections (Executive, Legislature/Parliament and Judiciary) State Legislature or State Assemblies in two parts (Headed by Chief Minister of State) -Vidhan Sabha -Vidhan Parishad -Governor is also elected in this department Union Territories/ Governors (7 in Total) -Delhi -Pondicherry -Daman and Diu -Dadra & Nagar -Chandigarh -Lakshadweep -Andaman & Nicobar Local Government Village and Rural Administration Panchayati Raj: Basic unit of Administration in India, comprising of three levels - Gram (Village) - Gram Panchayat (for one or more than one village) - Taluka/Tehsil (Block) - Panchayat Samiti - Zila (District) - Zila Panchayat
- 6. Currency The United States currency to an Indian Rupee is 69.90 to 1.00 US dollar.
- 7. GDP India’s Gross Domestic Product was 2.597 trillion USD in 2017, the annual change was at 6.6% in 2017 as well as now. In 2017 the GDP per capita was 1,939.61 USD, in 2019 it’s expected to be 2,500 USD by the end of this quarter. Per Capita GDP
- 8. Wealth distribution in Population 10% of Indians own 77.4% (3/4) of the country’s wealth, according to the Credit Suisse in their 2018 Global Wealth Report.The bottom 60%, the majority, own 4.7%.The richest 1% own 51.5%. 2016:The share of the 1% seen an increase from 2018 listed above. 2017:The share of the 1% seen a decrease from 2018 listed above. This is known as wealth inequality. Latest Statistics as of 2018 91% of adults have wealth below $10,000-wealth poverty 0.6% of adults have a net worth of over $100,000 https://www.livemint.com/Money/iH2aBEUDpG06hM78diSSEJ/ Richest-10-of-Indians-own-over-34th-of-wealth-in-India.html
- 9. Enemies India’s enemies have a lot to with India by itself. Enemies to India are like their poverty rates, “low literacy”, the gap that gets wider within the rich and poor in India. India doesn’t have Pakistan as an enemy because they don’t want enemies, or terrorism. If India took care of the “corruption/corrupt politicians” and all the other enemies I’ve mentioned; India could be one of the most developed nations on earth.
- 10. Labor Force Composition Total 2018: 51.9% 2017: 52.0% Average: 57.7% All time High: 58.6%-Dec 1990 All time low-51.9%-Dec 2018 Population-1,322.0 million people-March 2019 Unemployment rate-2.6%-Dec 2018 Women Female labor workforce participation-2018- 26% 2005-36.7% 95% (195 million) women are employed in unpaid work Men Ages 15+ (2017) 78.672%
- 11. Inflation Rate (trend) https://tradingeconomics.com/india/inflation-cpi India’s inflation rate increased to 2.92% year-on-year in April 2019 from 2.86% in March and was below what the market expected at 2.97 percent. It was the highest inflation rate in six months.The trend is that the inflation rate is increasing. April 2018-food prices were at a decrease of 1.1% in of the current 2019 rate after gaining 0.30 percent in March of 2018. Inflation rates for rural and urban areas were 1.87% and 4.23% compared with March 2018 which showed a decreased rate of 1.80% and 3.43%. Consumer prices increased 0.35 percent in April which was a slow rise from 0.36 in March.
- 12. Infrastructure (transport and Utilities ) Transport system in India: • land, • water • air. • Public transport remains the primary mode of transport for most Indian citizens, and India's public transport systems are among the most heavily used in the world Motor vehicle Population latest records (2013): • 24.85 million cars on the nations roads • 21% of households have two wheelers • 4.7% have cars/jeeps/vans (2011 census) Railway network • Second longest in the world • Transports 8.225 billion passengers and 970 million tons of freight annually (2015) • 18 million citizens are transported daily Water • India has a coastline of 7,517 km (4,671 mi). • Utilities: Electricity sector • One national grid- installed capacity of 356.100 GW (April 2019) • Large hydroelectric plants (34.5% of total installed capacity Worlds third largest producer, and worlds third largest consumer of electricity. Electricity sector is dominated by fossil fuels and coal. India is endowed with vast solar energy. India has the fourth largest installed wind power capacity in the world. First instance of electricity produced in India in Calcutta in 1879. Over 200 million people or 39 million households have no access to electricity.
- 13. Main Exports The main exports of India are Refined Petroleum ($30.2 Billion) Diamonds ($26.5 Billion) Packaged Medicaments ($13.2 Billion) Jewelry ($8.66 Billion) Rice ($7.05 Billion) Crude Petroleum($74.7 Billion) Gold($39 Billion) Coal Briquettes($19.4 Billion) Petroleum Gas($12.2 Billion)
- 14. Main Imports are: Mineral fuels Oils Waxes Bituminous Substances
- 15. Other population demographics India’s Estimated Population: 1.37 Billion India has over 50 urban areas with a population of more than one million. India has 29 states. India’s Capital is New Delhi There’s two former languages, English and Hindi.There are a good amount of languages, but these are the official languages of the Indian government
- 16. How much it costs to get to India on USD Depending on how long you are staying in India on average you should have 35-55 dollars per day. A flight costs about $2,211.46 round trip on Alliance Air.
- 17. Wrap Up India is a diverse and culturally rich country. It’s rich culture, history, religion and vast climate provide a multitude of options for beautifully creative scenes that will support the film. India’s social climate and architectural structure add value as the perfect background. Many options from the slums, to the city’s and rainforests, to the religious and ancient temples will add to the movie magic of India. https://www.ted.com/talks/a_r_rahman_the_sublime_beauty_of_indian_ragas?language=en The Sublime Beaty of Indian Ragas:Ted Talk with Composer A. R. Rahman