| TABLE1.2 | |||||||||
| Trends of major macroeconomic indicators : 1990-91—2001-02 | |||||||||
| ITEMS | 1990-91 | 1991-92 | 1998-99 | 1999-2000 | 2000-01 | 2001-02 | |||
| 1 | Growth rates (per cent): | ||||||||
| GDP at constant factor cost | 5.6 | 1.3 | 6.5 | 6.1P | 4.0Q | 5.4 | A | ||
| Industrial production (IIP) | 8.2 | 0.6 | 4.1 | 6.7 | 5 | 2.3 | c | ||
| of which, Electricity | 7.8 | 8.5 | 6.5 | 7.3 | 4 | 2.7 | c | ||
| Agricultural production (crop index based) | 3.8 | –2.0 | 7.6 | –0.9 | –6.6P | 6.9 | P | ||
| Foodgrains production | 3.1 | –4.5 | 5.9 | 3 | –6.6P | 6.8 | P | ||
| Exports (BOP in terms of US $) | 9 | –1.1 | -3.9 | 9.5 | 19.6 | 0.6 | b | ||
| Imports (BOP in terms of US $) | 14.4 | –24.5 | -7.1 | 16.5 | 7 | 0.3 | b | ||
| of which POL | 60 | –11.7 | -21.6 | 97.1 | 24.1 | –14.6 | b | ||
| 2 | Foodgrains prodn. (million tonnes) | 176.4 | 168.4 | 203.6 | 209.8 | 195.9P | 209.2 | P | |
| 3 | Electricity generated (million Kwh) | 264.3 | 287 | 448.5 | 480.7 | 499.6 | 383.2 | c | |
| 4 | Average exchange rate (Rs./US$) | 17.94 | 24.65 | 42.07 | 43.33 | 45.68 | 47.49 | d | |
| 5 | Growth rate of money supply (M3) | 15.1 | 19.3 | 19.4 | 14.6 | 16.7 | 11.2 | e | |
| 6 | Average rate of inflation (per cent) | ||||||||
| In terms of WPI | 12.1 | 13.6 | 5.9 | 3.3 | 7.1 | 4.4 | f | ||
| In terms of CPI | 13.6 | 13.9 | 13.1 | 3.4 | 3.7 | 4.2 | g | ||
| 7 | As per cent of GDP at current market prices : | ||||||||
| Gross domestic savings | 23.1 | 22 | 21.7 | 23.2 | 23.4 | ||||
| Gross domestic investment | 26.3 | 22.6 | 22.7 | 24.3 | 24 | ||||
| Central Government expenditure | 17.3 | 16.2 | 14.7 | 15.4 | 15.3PU | 16.4 | BE† | ||
| Central Government receipts | 15.3 | 15.2 | 14.7 | 15.4 | 15.3PU | 16.4 | BE† | ||
| Gross fiscal deficit of Central Govt. | 6.6 | 4.7 | 5.1 | 5.4 | 5.5PU | 5.1 | BE† | ||
| Exports fob (BOP) | 5.8 | 6.9 | 8.3 | 8.4 | 9.8 | ||||
| Imports cif (BOP) | 8.8 | 7.9 | 11.5 | 12.4 | 13 | ||||
| Trade balance | –3.0 | –1.0 | -3.2 | -4 | -3.1 | ||||
| Net invisibles | –0.1 | 0.7 | 2.2 | 3 | 2.6 | ||||
| Current account balance | –3.1 | –0.3 | -1 | -1.1 | -0.5 | ||||
| Total capital flows | 2.7 | 1.7 | 1.9 | 2.4 | 1.8 | ||||
| Total foreign investment net (BOP) | 0.03 | 0.05 | 0.6 | 1.2 | 1 | ||||
| Foreign direct investment (FDI)net | 0.03 | 0.05 | 0.6 | 0.5 | 0.4 | ||||
| Portfolio investment | Negl. | Negl. | -0.02 | 0.7 | 0.6 | ||||
| 8 | Parameters for external debt: | ||||||||
| External debt/GDP ratio (per cent) | 28.7 | 38.7 | 23.6 | 22.2 | 22.3 | 21 | h | ||
| Debt service ratio (per cent) | 35.3 | 30.2 | 18 | 16.2 | 17.1 | ||||
| Debt/ exports ratio | 454 | 467 | 283 | 262 | 222 | ||||
| Short term debt to total debt ratio (%) | 10.2 | 8.3 | 4.4 | 4 | 3.5 | 2.8 | h | ||
| 9 | Foreign exch. reserves (US$ bln) | 5.8 | 9.2 | 32.5 | 38 | 42.3 | 49.5 | * | |
| Import cover of foreign exch. | 2.5 | 5.3 | 8.2 | 8.2 | 8.6 | 9.6 | |||
| reserves (in no. of months of imports) | |||||||||
| A: Advance estimate, | P: Provisional | Q: Quick estimate | |||||||
| PU: | Provisional and unaudited (as reported by Controller General of Accounts, Department of Expenditure). | ||||||||
| RE: | Revised estimate BE : Budget estimate | Negl. : Negligible | |||||||
| b: | During April-December 2001 (DGCI&S data). | ||||||||
| c: | During April-December 2001. | ||||||||
| d: | Average for April-January 2001-02. | ||||||||
| e: | Annual growth rate as on January 11, 2002. | ||||||||
| f: | Average based (April to January 19, 2002). | ||||||||
| g: | April-December, 2001 (Average based). | ||||||||
| h: | At the end of September 2001. | ||||||||
| *: | At the end of January 2002. | ||||||||
| †: | Ratios to GDP at current market prices (base : 1993-94) of National Accounts Statistics released by the | ||||||||
| Central Statistical Organisation. | |||||||||