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The economy of India is the eleventh largest in the world by nominal GDP and the third largest by purchasing power parity (PPP).The country is one of the G-20 major economies and a member of BRICS. In 2011, the country's per capita income stood at $3,693 IMF, 129th in the world, thus making a lower-middle income economy.India is the nineteenth largest exporter and tenth largest importer in the world.
The empowered group of ministers (EGoM)on telecommunications, headed by union home minister P Chidambaram on 20 July 2012 recommended reduction of the base price for 2G spectrum airwaves by what amount ?
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