TABLE SHOWS KEY INDICATORS TO SHOW REFORMS OF GLOBALIZATION AS ON 24 JULY 1991(budget of manmoh

Indicator 1970-71 1990-91 2010-11

GDP(lakh crore) 4.7 10.8 48.8

Per capita income(Rs at constant prices 8091 11535 41129

Household savings(Rs crore) 4371 104789 1261332

Foreign direct investment(FDI ) $ Bn 0.13 30.3

Forex reserves ($ Bn) 0.97 5.8 274

Exports($ Bn) 2.1 18 245

Exchange rate(Rs/$) 7.5 17.9 45.6

Telephone subscribers(Mn) 0.5 862

Number of passenger cars (Mn) 36,032(actual) 0.18 2.9

Air passengers(Mn) 0.48 8.9 57

Cabinet secretarys monthly salary 4000 30000 90000

Police to citizen ratio 1 is to 560

N 24 JULY 1991(budget of manmohan singh)
Remarks
Worlds 10th lalrgest economy
With higher per capita income, poverty rate
has dropped from 65% to 35%

India's high household savings has helped

finance high tempo economic growth

The first proof of global interest in India

And this is the second proof
India is now among the world's top
exporting countries
Ruppee found a realistic level against dollar
in a liberalised economy
Mobile revolution has connected India as
well as Bharat
India is a global auto hub. After telephony,
the most radical change
The aam aadmi flies now, unthinkable in
1991
Babu's salaries have surged though far
behind the private sector
US is 1: 317
Economic Times 24.7.2011