Rise Of India

RISE OF INDIA & FALL OF WESTERN POWER

BY SHIVAJI CHOUDHURY

INDIA’S CONTRIBUTIONS TO WORLD GDP OVER THE YEARS (per cent of world total) • •

• • • • • • • •

According to calculation by

Angus Maddison,eminent

economic historian,on a PPP basis, India accounted for; In 1AD32.9 In 1000 AD- 28.9 In 1500 AD- 24.4 In 1820 AD- 16.0 In 1913 AD- 7.5 In 1950 AD- 4.2 In 1973 AD- 3.1 In 2001 AD -5.4

35 30 25 20 INDIA

15 10 5 0

1

1500 1913 1973

PERCENTAGE SHARE OF WORLD GDP IN PPP TERMS (1-2001 AD) 1 AD

1000

1500

1600

1700

1820

1870

1913

1950

2001

INDIA

32.9

28.9

24.4

22.4

24.4

16

12.1

7.5

4.2

5.4

USA

-

-

0.3

0.2

0.1

1.8

8.8

18.9

27.3

21.4

UK

-

-

1.1

1.8

2.9

5.2

9.0

8.2

6.5

3.2

JAPAN

1.2

2.7

3.1

2.5

4.1

3.0

2.3

2.6

3.0

7.1

CHINA

2.6

22.7

24.9

29.0

22.3

32.9

17.1

8.8

4.5

12.3

RISE OF INDIA (PERCENT SHARE OF WORLD GPD IN PPP TERM) 35 30 25 INDIA USA UK CHINA

20 15 10 5 0 1 AD

1500

1900

2001

RICHEST NATION OF WORLD

• INDIA- 1475 YEARS( 1AD TO 1475 AD) • CHINA 410 YEARS(1475 AD TO 1885 AD) • USA 125 YEARS (1885 AD TO TILL DATE)

INDIA AND TOTAL WESTERN EUROPE (PERCENT SHARE OF WORLD GPD IN PPP TERM) 35 30 25 20

INDIA WESTERN EUROPE

15 10 5 0 1

1500

1700

1870

1950

2001

INDIA & TOTAL WESTERN EUROPE • WHEN EUROPEAN CAME TO INDIA,THE WEALTH OF INDIA WAS MORE THAN TOTAL WEALTH OF WESTERN EUROPE TILL 1700 AD . • RISE OF ECONOMY OF WESTERN WORLD ONLY DUE TO THEY colonies THE RICH NATION LIKE INDIA.

INDIA AND UK (PERCENT SHARE OF WORLD GPD IN PPP TERM) 35 30 25 20

INDIA UK

15 10 5 0 1

1500

1700

1870

1950

2001

INDIA & UK • WHEN BRITISHERS CAME TO INDIA AT 1600 AD,THE TOTAL WEALTH OF UK WAS ONLY 1.8%,WHERE AS WEALTH OF INDIA WAS 22.9%. • INDIA HAD MORE WEALTH THAN UK TILL 1870 AD. • WHEN BRITISHERS LEFT INDIA AT 1947 AD,THE TOTAL WEALTH OF UK WAS 6.5%,WHERE AS WEALTH OF INDIA WAS 4.2% ONLY.

INDIA & USA 35 30 25 20

INDIA USA

15 10 5 0 1AD

1500

1700

1870

1950

2001

INDIA AND USA • INDIA had more wealth than USA till 1870 AD . • Today USA is a richest nation of world for last 125 years ,whereas INDIA was a richest nation of the world from 1 AD to 1475 AD (1475 years). • USA TILL DATE UNABLE TO REACH 32.9% WHAT INDIA ACHIEVED IN 1 AD , ONLY ABLE TO REACH 27.3% IN 1950 AD . • NOW USA ECONONY IS DECLINING.

PERFORMENC OF INDIA ANALYSIS

( PERCENT OF WORLD TOTAL GDP ) •

In 1 AD- 32.1%

-

• • • • • • • •

In 1000- 28.7% In 1500- 24.4% In 1820- 16.0% In 1870 12.1 In 1913 7.5 In 1950 4.2 In 1973 3.1 In 2001 5.4

-

HINDU INDIA MUSLIM ATTACK INDIA UNDER MUSLIM RULE BRITISH ATTACK INDIA UNDER BRITSH RULE INDIA UNDER BRITISH RULE INDEPENDENT INDIA INDIA- UNDER CONTROL REGIME EFFECT OF GLOBILISATION

RICH INDIA • TURK,ARABIAN,MUSLIM,BRITISHERS ,EUROPEANS CAME TO INDIA,ONLY BECAUSE INDIA WAS RICHEST NATION OF WORLD.

GLOBILISATION •

RISE OF WESTERN WORLD IS ONLY DURING COLONY ERA OR MONOPOLY BUSINESS(ONLY FROM 1600 TO 1950 AD ).

•

THE SHARE OF WESTERN ECONOMY IS CONTINOUSLY DECLINING AFTER 1950 AD IN FREE TRADE REGIME OR END OF COLONY ERA .

•

INDIA IS PERFORMMING WELL IN FREE TRADE REGIME.

•

WESTERN WORLD UNABLE TO COMPETE WITH NATION LIKE INDIA & CHINA IN FREE TRADE OR GLOBILISATION.

RISE OF INDIA • THE ECONOMY OF INDIA IS RISING VERY FAST. • INDIA WILL AGAIN BECOME RICHEST NATION OF WORLD IN 2200 AD.

THANKS