Russia v/s. India

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    RUSSIA

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    GROUP MEMBERS :

    ATHUL ANOOP (10)

    SUMEET CHABBARIA (25) BHARAT KESHWANI (46)

    PAYAL MALIK (56)

    AKHIL NAIR (59)

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    INTRODUCTIONIt is the biggest country in the

    entire world and it is twice thesize of the united states.

    Located in Asia and Europe.

    Capital is Moscow.Language is russian.

    Currency is rubel.

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    Red stands for loveand courage. White stands for

    nobility. And Blue stands for honesty.

    Russians have onlyhad their nationalanthem for 9 years.

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    Russia is 6,601,668 square miles!

    Russias population is 140 million and isshrinking by 0.47 percent every year.

    Every 11 years there are approximately1000 babies are born.

    The 4 largest rivers in Russia are Lena, Ob,Volga, and Yenisei.

    The deepest fresh water lake in Russia isBaikal.

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    Red Square in.

    Red Square in Moscow is considerded thecenter of Moscow and all of Russia becauseall major roads start here.

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    RUSSIAN ECONOMY OVERVIEW

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    Resources in Russia

    Despite their bad economy in the past, Russiahas many resourses. They could actually have a

    growing economy. They have large deposits ofcoal, oil, and gas. Russian minerals includenickel, iron ore, tin, and gold. The southwesternpart of their country has rich grain. They have

    one of the biggest fishing industries in the world.The abundance of forests in Siberia leads to alarge export of timber. In conclusion, Russia hasa multitude of different recorses.

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    Its Always Tougher in Russiathe

    Economy is no Exception

    So if Russia has all of these resources, why is theireconomy bad? The answer goes far back in history.

    During the 1500s, emperors known as czars ruled theland. Ivan the IV, a czar, had total control over the land.If people didnt obey what he said, it could cost themtheir lives. Czars conquered surrounding territories. Thiscaused many non-Russian people to be forced into the

    country. Some of the people in Russia were known asserfs, people that worked as farmers and could bebought or sold through the country. As you can see,Russian economy on the past has been very tough.

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    Russian Rulers

    Russian rulers lives contrasted greatly from thenormal people. They spoke French as well as

    Russian to allow easy communication betweensurrounding countries. They wore fancy,European clothes and went to royal balls andparties. They lived in palaces. Sounds like a

    pretty good life, do you agree? It was, but withthe rulers of Russia using all of the countrysmoney for their personal luxuries, the citizenslived a poor and work-filled life.

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    New Changes

    This period of new changes began in the late1800s. Czar Alexander II freed the serfs. They

    were able to leave the country and start a newlife. Russia began to industrialize. It changed itseconomy to rely more on manufacturing thanfarming. Railroads opened across the country for

    transportation. This idea both changed andhelped the country.

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    Russias Government While Russia improved their economy, they did not progress

    politically. The citizens wanted freedom, equality, and a share ingoverning the country. The strict czars ignored these commands. In

    1917 Czar Nicholas II was forced to give up the throne. A mannamed Viadimir Lenin was a leader in the Russian Revolution. Theyset up a communist state. Now the government had a strong controlover the economy and the society as a whole. In 1922 the communistleaders were securely in power. They formed the U.S.S.R.or theSoviet Union. The government took complete control over theeconomy. The Russians began to dislike this. Cruel punishments

    such as death would occur if the Russians didnt obey the rules. Themain cause of these problems was Joseph Stalin, who was eventuallykicked out. Mikhail Gorbachev, a new and better leader tookcontrol. He made a lot of things improve and the RussianGovernment and economy began to stabilize.

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    Economic Regions

    Russia has four main economic regions: PortCities, the Volga and Urals region, the Moscow

    Region, and Siberia. Two main port cities areKaliningrad and St. Petersburg. Port Cities aremainly used for transportation. The Volga and

    Urals Region consists of the Volga River and theUral Mountains. The river is rich inhydroelectric power. The mountains have anabundance of minerals, such as bauxite.

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    INDIAN ECONOMY

    GROWING OR DEVELOPED ?

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    The indian economy , the third largest economy inthe world in terms of PURCHASING POWER

    According to global investment bank by 2035 india

    would be 3RD largest.

    It will grow to 60% of size of the US. Economy.

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    Industry And services:

    Textile

    Services

    Tourism

    Retail

    Mining

    Agriculture

    Banking and finance

    Energy and power

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    Global trade relations

    Balance of payments

    Foreign direct investments

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    Major imports comprise of crude oil machinery,military products, fertilizers, chemicals, gems, antiques

    and artworks.

    . Imported goods are divided into the followingcategories:

    Freely importable items: For these items, no import license isrequired. They can be freely imported by an individual or afirm.

    Canalized items: These items can only be imported by public

    sector firms.

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    Exports comprise mainly of engineering and textile

    products, precious stones, petroleum products,jewelry, sugar, steel chemicals, zinc and leatherproducts.

    Most of the exported goods are exempt from export

    duties.India is among the worlds largest exporters ofservices related to information and communicationtechnology.

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    RUSSIAN MARKET SECTORS

    INDUSTRIAL SECTOR

    Industrial Production in Russia decreased 2.10percent in February 2013 over the same month in

    the previous year. Reaching an all-time high of 12.60 Percent in May

    2010.

    DEFENCE INDUSTRY

    Russia is the world's second largest conventionalarms exporter after the United States.

    Russia's defense industry employs 2.5 3 millionpeople.

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    AIRCRAFT INDUSTRY

    Employing around 3,55,300 people. It is one of the most science-intensive hi-tech

    sectors.

    SPACE INDUSTRY

    Space industry of Russia consists of over 100companies and employs 250,000 people.

    AUTOMOTIVE INDUSTRY

    Russia was the world's 15th largest car producer

    Russian Railways accounts for 2.5% [69]ofRussia's GDP.

    http://en.wikipedia.org/wiki/Economy_of_Russiahttp://en.wikipedia.org/wiki/Economy_of_Russia
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    RAILROAD INDUSTRY Russian Railways accounts for 2.5% of Russia's GDP.

    ELECTRONICS Russia is experiencing a regrowth of

    Microelectronics.

    TRADE Russia recorded a trade surplus of 17742 USD

    Million in January 2013.

    INFORMATION TECHNOLOGY Russian software exports have risen from just

    $120 million in 2000 to $3.3 billion in 2010. NANO TECHNOLOGY

    government has announced a massive $7 billioninvestment program in nanotechnology.

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    Why Russia's Economy is Still on a Rise ???1. Russia still has very large foreign reserves, some

    of the largest in the entire world

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    2. The Russian government still runs a budgetsurplus.

    3. Russian unemployment is very low.

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