An Analysis of Impact of Gross Domestic Product on Literacy and Poverty of India during the Eleventh Plan

India is one of the fastest growing economies. As at 2011, India was ranked 11th in terms of nominal GDP and fourth in terms of GDP purchasing power parity (PPP). The country has been striving hard since independence in order to propel economic growth further. The key factors that currently affect the Indian economic growth includes Capital flows and Stock Exchange Market, the RBI ranks, Global currency trends of economically powerful countries, Political changes. Energy and oil., Literacy and poverty rates. This study is an attempt to verify the extent to which Gross Domestic Product had an impact upon the two main indicators of an economy which are poverty and Literacy. The study made use of secondary data that covered the Eleventh Plan period basically the end of plan period which is the year 2011-12, the study examined the case of India. The impact of the GDP on the Literacy and the Poverty was done on the basis of State-Wise Ranking of the GDP, Poverty and Literacy. Sectoral growth rates of the GDP was also taken into consideration.