P, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNMEE,
UNMIK, UNMOVIC, UNOCI, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO

Diplomatic representation in the US:
chief of mission: Ambassador Ranendra SEN
consulate(s) general: Chicago, Houston, New York, and San Francisco
FAX: [1] (202) 265-4351
telephone: [1] (202) 939-7000
chancery: 2107 Massachusetts Avenue NW, Washington, DC 20008; note -
Consular Wing located at 2536 Massachusetts Avenue NW, Washington,
DC 20008

Diplomatic representation from the US:
chief of mission: Ambassador David C. MULFORD
embassy: Shantipath, Chanakyapuri, New Delhi 110021
mailing address: use embassy street address
telephone: [91] (11) 2419-8000
FAX: [91] (11) 2419-0017
consulate(s) general: Chennai (Madras), Kolkata (Calcutta), Mumbai
(Bombay)

Flag description:
three equal horizontal bands of saffron (subdued orange) (top),
white, and green with a blue chakra (24-spoked wheel) centered in
the white band; similar to the flag of Niger, which has a small
orange disk centered in the white band

Economy India

Economy - overview:
India's economy encompasses traditional village farming, modern
agriculture, handicrafts, a wide range of modern industries, and a
multitude of support services. Government controls have been reduced
on foreign trade and investment, and privatization of domestic
output has proceeded slowly. The economy has posted an excellent
average growth rate of 6% since 1990, reducing poverty by about 10
percentage points. India is capitalizing on its large numbers of
well-educated people skilled in the English language to become a
major exporter of software services and software workers. Despite
strong growth, the World Bank and others worry about the continuing
public-sector budget deficit, running at approximately 60% of GDP.

GDP:
purchasing power parity - $3.033 trillion (2003 est.)

GDP - real growth rate:
8.3% (2003 est.)

GDP - per capita:
purchasing power parity - $2,900 (2003 est.)

GDP - composition by sector:
agriculture: 23.6%
industry: 28.4%
services: 48% (2002 est.)

Investment (gross fixed):
23.1% of GDP (2003)

Population below poverty line:
25% (2002 est.)

Household income or consumption by percentage share:
lowest 10%: 3.5%
highest 10%: 33.5% (1997)

Distribution of family income - Gini index:
37.8 (1997)

Inflation rate (consumer prices):
3.8% (