India S Economy Term paper
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India is located in the southern part of Asia and is also south of the
Himalayan Mountains. This southern peninsula, has the largest mineral deposits
and the largest cultivable land in the continent. The population of India is
critically large and although nearly all people are Hindu, some are of other
religious denominations. The life of the Indian people is usually ruled by their
caste system, but the system is not as firm as it was years ago. India has a mixed
economy. . The different elements of India, such as location, resources, and
religious beliefs, mold the outcome of their economy.
In the area that India is geographically located, the climate varies
from tropical to extreme frigid temperatures. In the area closest to the mountains
extreme temperature should be expected. The northern plains has heavy
snowfalls. The northeastern part of India has a cool monsoon season from early
December throughout February. A monsoon is a wind system that produces wet
or dry seasons. If there are severe droughts, famines can result from it. On the
other hand, too much rain can cause malaria. Also, the contradictory temperature
of the northern days and nights fortify pulmonary disorders. The annual amount
of precipitation along the southern slopes of the Himalayas is 60 inches. There is
also a hot/dry season that begins in the middle of March until the beginning of
July. During this time the Himalayan area has had temperatures of about 120 F.
Calcutta, which is a city east the Himalayan mountains, has an average daily
temperature of 55 F to 80 F during the month of January and 79 F to 89 F in July.
The other areas of India, the southern and western parts usually have a tropical
climate. They also have monsoons,
but are referred to as the dry or wet seasons. These monsoons control the
temperature, rainfall and humidity. The wet or rainy season is from June through
September. Winds blow from the Indian Ocean and the Arabian Sea. The rain
can be overwhelming and is typically 125 inches during this season. The
Cherrapunji in the Khasi Hills has a yearly rainfall of about 425 inches. In
Bombay, which is located in the west central part of India, has temperatures of
67° F to 83° F in January and 77° F to 85° F in July. With the different
temperatures, natural resources can flourish or degenerate.
India has many large cultivable regions, and numerable timber
access. India’s agriculture worth is one-third of the annual gross domestic product
(GDP). The farms are usually humble and owned by families. The crops that are
mostly cultivated for domestic proposes are rice, wheat, cotton, tea and jute,
which is a plant that gives a fiber which can be made into sacking and cordage.
India is responsible for a large amount of exports to the world. Sugar production a
year during the early 1990’s was 230 million metric tons. The annual production
of tea was 743,000 tons. Rice was 72.6 million tons and wheat was 56.8 millions
tons. Cotton was at 2.0 million and jute was at 1.4 million tons. Other
agricultural products that are sold as exports are cashews, coffee, spices, barley,
chickpeas, bananas, rubber, melons, vegetables, corn, sorghum, linseed, millet
and mangoes. The timber in India is not varied, but is resourceful. In the
Himalayan region, the cedar, pine, oak and magnolia trees are abundant. In the
slopes if the Western Ghats, were there is heavy rainfall which give a home to
evergreens, bamboo, teak, and other timber trees. In the southeastern part, the
mangrove and the sal are very common. These two trees are hardwood timber.
Other resources include fishing, mining, and manufacturing.
The fish, forestry mining and manufacturing, that are of economic
significance contribute to the Gross Domestic Products. Shrimps and prawns,
India oil sardines, ducks, croakers, Bombay, Indian mackerel, anchovies and
marine catfish are the sea life that Indian people consume. Even though the
fishing industry is underdeveloped when compared to other fishing industries, it is
a vital tool for the people. In the Ganges delta in Bengal it most important. The
government has encouraged deep-sea fishing by constructing processing plants
and paying for fleets and vessels going to the ocean. 59% of the country’s 4.2
million annual catch in the early 1990’s was made of the marine species. 23% of
the total land area in India of made up of forestlands. The regions bordering the
Himalayas is the largest source for commercial forestry. The annual timber
harvest was 9.9 billion cubic feet in the early 1990’s....
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