Thursday, October 29, 2009
Indian Economy
India's external debt on March 31, 2009 amounted to Rs 11,69,575 crore. External debt to GDP ratio for 2008-2009 worked out to 22 per cent.
Indian Economy
Indian Economy
Indian Economy
The PM's Economic Advisory Council has forecast the overall GDP growth during the current financial year at 6.5 per cent at factor cost in constant (1999-2000) price terms. The report projects the industrial and services sectors to grow by 8.2 per cent each. However, agricultural sector would see a -2.0 per cent decline. GDP for the year will amount to Rs. 38.8 trillion compared to Rs. 36.1 trillion of 2008-09.
Indian Economy
Indian Economy
Monday, October 26, 2009
Development Report 2009 - HDI rankings
The HDI – human development index – is a summary composite index that measures a country's average achievements in three basic aspects of human development: health, knowledge, and a decent standard of living. Health is measured by life expectancy at birth; knowledge is measured by a combination of the adult literacy rate and the combined primary, secondary, and tertiary gross enrolment ratio; and standard of living by GDP per capita (PPP US$).
HOW IS HDI USED?
A) To capture the attention of policy makers, media and NGOs and to draw their attention away from the more usual economic statistics to focus instead on human outcomes. The HDI was created to re-emphasize that people and their capabilities should be the ultimate criteria for assessing the development of a country, not economic growth.
B) To question national policy choices - asking how two countries with the same level of income per person can end up with such different human development outcomes (HDI levels). For example, Costa Rica and Iran have similar levels of income per person, but life expectancy and literacy differ greatly between the two countries, with Costa Rica having a much higher HDI value than Iran. These striking contrasts immediately stimulate debate on government policies on health and education, asking why what is achieved in one country is far from the reach of another.
C) To highlight wide differences within countries, between provinces or states, across gender, ethnicity, and other socioeconomic groupings. Highlighting internal disparities along these lines has raised national debate in many countries.
The Human Development Index (HDI) launched by UNDP(United Nations Development Programme) in 1990 has published its 2009 reports in which India slipped to 134th position.once again Norway has topped the list followed by
2. Australia
3. Iceland
4. Canada
5. Ireland
6. Netherlands
7. Sweden
8. France
9. Switzerland
10. Japan
13. United States
21. United Kingdom
22. Germany
92. China
134. India
141. Pakistan
146. Bangladesh
and the last three are following in this ranking
180. Sierra Leone
181. Afghanistan
182. Niger
HOW IS HDI USED?
A) To capture the attention of policy makers, media and NGOs and to draw their attention away from the more usual economic statistics to focus instead on human outcomes. The HDI was created to re-emphasize that people and their capabilities should be the ultimate criteria for assessing the development of a country, not economic growth.
B) To question national policy choices - asking how two countries with the same level of income per person can end up with such different human development outcomes (HDI levels). For example, Costa Rica and Iran have similar levels of income per person, but life expectancy and literacy differ greatly between the two countries, with Costa Rica having a much higher HDI value than Iran. These striking contrasts immediately stimulate debate on government policies on health and education, asking why what is achieved in one country is far from the reach of another.
C) To highlight wide differences within countries, between provinces or states, across gender, ethnicity, and other socioeconomic groupings. Highlighting internal disparities along these lines has raised national debate in many countries.
The Human Development Index (HDI) launched by UNDP(United Nations Development Programme) in 1990 has published its 2009 reports in which India slipped to 134th position.once again Norway has topped the list followed by
2. Australia
3. Iceland
4. Canada
5. Ireland
6. Netherlands
7. Sweden
8. France
9. Switzerland
10. Japan
13. United States
21. United Kingdom
22. Germany
92. China
134. India
141. Pakistan
146. Bangladesh
and the last three are following in this ranking
180. Sierra Leone
181. Afghanistan
182. Niger
Sunday, October 25, 2009
The World's Top-Earning Cricketers
1. Mahendra Singh Dhoni
Earnings: $10 million
Primary Club Team: Chennai Super Kings
National Team: India
Major Sponsors: Reebok, GE Money, Pepsi
M.S. Dhoni's $8 million of endorsement income over the last year is more than baseball's Alex Rodriguez, Albert Pujols and Ryan Howard, combined.
2. Sachin Tendulkar
Earnings: $8 million
Primary Club Team: Mumbai Indians
National Team: India
Major Sponsors: Adidas, Canon, Royal Bank of Scotland
Tendulkar, widely considered one of the greatest batsman in cricket history, is one of five IPL cricketers with "icon" status, meaning he's exempt from the league's player auction and instead automatically receives a paycheck 15% larger than his highest paid Mumbai teammate.
3. Yuvraj Singh
Earnings: $5.5 million
Primary Club Team: Kings XI Punjab
National Team: India
Major Sponsors: Fiat, Reebok, Microsoft
Singh earned $4 million over the last 12 months from endorsements and other commercial ventures off the field, including providing a voice in the animated film Jumbo, his Bollywood debut.
4. Rahul Dravid
Earnings: $5 million
Primary Club Team: Royal Challengers Bangalore
National Team: India
Major Sponsors: Castrol, Reebok
A former International Cricket Council Player of the Year, Dravid earns slightly over $1 million annually from Bangalore as one of the IPL's five icon players.
5. Andrew Flintoff
Earnings: $4 million
Primary Club Team: Chennai Super Kings
National Team: England
Major Sponsors: Puma, Volkswagen, Barclays
Flintoff will retire from five-day national team competition next month and is doing his best to go out on top: In July he bowled England to its first Test victory in 75 years over Australia at Lord's, cricket's most storied venue.
6. Sourav Ganguly
Earnings: $3.5 million
Primary Club Team: Kolkata Knight Riders
National Team: India*
Major Sponsors: Puma, Pepsi
Ganguly, captain of the IPL's Knight Riders, ranks fourth all-time in runs on India's national team, a squad he used to also captain.
*Retired from national team play in 2008.
7. Ricky Ponting
Earnings: $3.5 million
Primary Club Team: Kolkata Knight Riders*
National Team: Australia
Major Sponsors: Valvoline, KFC, Adidas
Ponting has slowly shed his bad boy image to become one of Australia's most marketable athletes, earning more than $2 million in commercial endorsements over the last 12 months.
*Did not play in the IPL in 2009
8. Brett Lee
Earnings: $3 million
Primary Club Team: Kings XI Punjab
National Team: Australia
Major Sponsors: Gatorade, Volkswagen
One of the fastest bowlers in cricket history, Lee was once clocked at 99.9 miles per hour on the radar gun, just shy of Pakistan's Shoaib Akhtar's record of 100 mph.
9. Kevin Pietersen
Earnings: $3 million
Primary Club Team: Royal Challengers Bangalore
National Team: England
Major Sponsors: Red Bull, Vodafone, Adidas
Bangalore purchased the rights to Pietersen at auction for a record $1.55 million annual salary--a sum that's tied with Chennai's Flintoff as the highest auction price in the IPL's two year history.
10. Michael Clarke
Earnings: $2.5 million
Primary Club Team: New South Wales Blues*
National Team: Australia
Major Sponsors: Gillette, Slazenger
Clarke is the highest-profile cricketer who has yet to join the IPL, instead preferring to leave money on the table and play club matches in his native Australia.
*Australian first-class cricket team, also known as RTA SpeedBlitz Blues.
Earnings: $10 million
Primary Club Team: Chennai Super Kings
National Team: India
Major Sponsors: Reebok, GE Money, Pepsi
M.S. Dhoni's $8 million of endorsement income over the last year is more than baseball's Alex Rodriguez, Albert Pujols and Ryan Howard, combined.
2. Sachin Tendulkar
Earnings: $8 million
Primary Club Team: Mumbai Indians
National Team: India
Major Sponsors: Adidas, Canon, Royal Bank of Scotland
Tendulkar, widely considered one of the greatest batsman in cricket history, is one of five IPL cricketers with "icon" status, meaning he's exempt from the league's player auction and instead automatically receives a paycheck 15% larger than his highest paid Mumbai teammate.
3. Yuvraj Singh
Earnings: $5.5 million
Primary Club Team: Kings XI Punjab
National Team: India
Major Sponsors: Fiat, Reebok, Microsoft
Singh earned $4 million over the last 12 months from endorsements and other commercial ventures off the field, including providing a voice in the animated film Jumbo, his Bollywood debut.
4. Rahul Dravid
Earnings: $5 million
Primary Club Team: Royal Challengers Bangalore
National Team: India
Major Sponsors: Castrol, Reebok
A former International Cricket Council Player of the Year, Dravid earns slightly over $1 million annually from Bangalore as one of the IPL's five icon players.
5. Andrew Flintoff
Earnings: $4 million
Primary Club Team: Chennai Super Kings
National Team: England
Major Sponsors: Puma, Volkswagen, Barclays
Flintoff will retire from five-day national team competition next month and is doing his best to go out on top: In July he bowled England to its first Test victory in 75 years over Australia at Lord's, cricket's most storied venue.
6. Sourav Ganguly
Earnings: $3.5 million
Primary Club Team: Kolkata Knight Riders
National Team: India*
Major Sponsors: Puma, Pepsi
Ganguly, captain of the IPL's Knight Riders, ranks fourth all-time in runs on India's national team, a squad he used to also captain.
*Retired from national team play in 2008.
7. Ricky Ponting
Earnings: $3.5 million
Primary Club Team: Kolkata Knight Riders*
National Team: Australia
Major Sponsors: Valvoline, KFC, Adidas
Ponting has slowly shed his bad boy image to become one of Australia's most marketable athletes, earning more than $2 million in commercial endorsements over the last 12 months.
*Did not play in the IPL in 2009
8. Brett Lee
Earnings: $3 million
Primary Club Team: Kings XI Punjab
National Team: Australia
Major Sponsors: Gatorade, Volkswagen
One of the fastest bowlers in cricket history, Lee was once clocked at 99.9 miles per hour on the radar gun, just shy of Pakistan's Shoaib Akhtar's record of 100 mph.
9. Kevin Pietersen
Earnings: $3 million
Primary Club Team: Royal Challengers Bangalore
National Team: England
Major Sponsors: Red Bull, Vodafone, Adidas
Bangalore purchased the rights to Pietersen at auction for a record $1.55 million annual salary--a sum that's tied with Chennai's Flintoff as the highest auction price in the IPL's two year history.
10. Michael Clarke
Earnings: $2.5 million
Primary Club Team: New South Wales Blues*
National Team: Australia
Major Sponsors: Gillette, Slazenger
Clarke is the highest-profile cricketer who has yet to join the IPL, instead preferring to leave money on the table and play club matches in his native Australia.
*Australian first-class cricket team, also known as RTA SpeedBlitz Blues.
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