India- Socio- Cultural Variables Essay Example | Topics and Well Written Essays - 750 words

India- Socio- Cultural Variables - Essay ExampleDuring the death century trance the worlds population grew three fold, India population grew four fold. This increase could have been much to a greater extent than if the political relation of India had not adopted population control measures for the last three decades. Spread over an welkin of around 3.3 million forthrightly kilometers, it is the seventh largest unsophisticated in the world. India is the worlds largest democracy with a population roughly four times that of the United States. Indian government has adopted the British Parliamentary system with important inputs from USA and European governments.Population density is an indication of population concentration. It is defined as the number of persons per square kilometer. Official census figures of government of India indicate that the population density of India in 2001 was 324 persons per square kilometer, which indicates that now 57 more people live in a square ki lometer area in the country than the number that lived a decade ago. In 1901 the density of India was as low as 77 and this steady increased from to reach 324 in 2001. The cause of worry for the Indian government is that this increase is not matched as by the increase in healthy food, diet and other resources. Per capita income in India is approx. INR 12500 i.e. approx. $290. Contrast this with the per capita income of US, which is more than $40000, while US population is less than one fourth of India. Such disturbing figures give rise to discontentedness amongst the masses. If we look towards India as a market, it is indeed a very attractive market. Because, market needs customers - the more the merrier. Of late this market of more than a Billion people has been attracting MNCs in good numbers. If per capita income is less here then cost of production is also less so goods and services are priced accordingly. Indian government is also in the facilitating mode to Investments from abroad. Therefore from the investment point of view Id give it 7 show up of 10.Age Profile and Employment ScenarioThough official poverty figures have been coming down crisply e.g. the figures indicate that poverty ratio came down from 36% in 1993-94 to 26% in 1999-2000, yet a large number of educated youth remain unemployed. The population of India is estimated to be 1.4 billion (1,400 million) by the grade 2025, and youth go away form the majority of the population. With this problem in sight, the tenth five-year plan targets that gainful and high-quality affair will be provided to the majority. Unlike some of its neighbors, education level in India has been quite good. Engineering and anxiety graduates from Indian Institutions have left their mark in many international companies. The Pentium chip of Intel had the brain of an Indian. mass of the H1B visa holders in USA are from India. The recent trend of outsourcing ITES towards Indian subcontinent is the testimony for the education level and technical capability of Indian youth. From an Investment point of view, I feel Indian youth will prove very helpful. Ill give 9 points out of 10. Entrepreneurship cultureHistorically, India is not much known as the nation of venture capitalists. Indians preferred to play safe. But the IT bug seems to have converted them into venture capitalists as well. For example, Hotmail was the brainchild of a 25 year old Indian youth Sabeer Bhatia. He made billions by selling it to