Maths, Economy & India economy through data.pptx

Understanding the indian economy through graphs. Discussion on GDP, literacy, healthcare, budget etc to understand the role played by mathematics in economics.

1. Numbers That Shape a Nation: Math, Economy, and India’s Growth Story E BY KALKIN BY - KALKIN 8-B

2. 01 ECONOMY

3. What is GDP ? Gross Domestic Product (GDP) is the most common measure for the size of an economy, and it measure the value of final output of goods and services produced by that economy in a certain period of time.GDP includes all output generated within the country and it also includes goods and services produced for sale in the market. GDP is used by governments and businesses to make economic policies and investment and it is an internationally recognized indicator of how much a country is producing.

4. What makes the country to have higher GDP growth ? W hen the value of its goods and services sold abroad exceeds the value of foreign goods and services it buys. Investments in buildings,machinery,transportation, and other infrastructure improves a country’s ability to produce more Spreading out economic activities across different sectors can help a country grow Investing in education and training can increase the productivity of the workforce.

5. 02 INDIAN ECONOMY

6. Current Economy India's economy in 2025 is experiencing moderate growth, with a projected GDP increase of 6.3%-6.8% for fiscal 2026. The government has implemented tax cuts to boost spending, while the Reserve Bank of India focuses on balancing inflation control and growth. Key sectors like steel and energy are facing challenges, with steelmakers impacted by increased imports and global tariffs. Despite challenges, India's economy remains resilient, with strong tax revenue and increased energy demand.

7. Understanding Indian economy through charts and graphs GDP Income Inequality Literacy Rate and Education Healthcare Budget 2025

8. GDP Growth Of Different Countries

9. 03 INCOME INEQUALITY

10. Income inequality in India Despite significant economic growth, India still faces high poverty levels due to factors like income inequality, overpopulation , uneven distribution of wealth and poor access to education and healthcare in certain regions. Poverty significantly impacts an economy by reducing overall productivity due to poor health, lack of education, and limited economic opportunities for individuals living in poverty, ultimately hindering economic growth, increasing government spending on social programs, and limiting consumer spending power within the market.

11. Effect of poverty on health and education As of December 2024 approximately 250 million children do not have access to education which means 16% of the children population do not attend schools. The primary reason for this situation is poverty More than 2.2 Billion people do not have access to clean drinking water which means ¼ of the population do not drink clean water which can lead to diseases such as Cholera,Diarrhea,Typhoid and many more life threatening diseases.

12. Strategies to balance GDP growth with reducing inequalities 1) I nvesting in quality education and healthcare for all 2) Implementing progressive taxation systems 3) Promoting policies that increase labor force participation particularly for marginalized groups 4) Targeted social programs and fostering inclusive economic growth by addressing market access and opportunities for disadvantaged communities 5) All while maintaining a focus on economic efficiency and sustainable growth.

13. “Use mathematics as shorthand language, rather than as an engine of enquiry” - Alfred Marshall (Principles of Economics)