Indian Economic Survey 2011 12 Pdf
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Contents.Economic Survey of India 2011 The initially caused a sluggish growth but emergence in the Indian economy was observed. The economy grew by an estimated 8.6 percent per the Central Statistics Office report of 7 February 2011. The growth was strong in the agricultural and manufacturing sectors. Inflation seemed to be high but came down from its initial position at the start of the fiscal year.Challenges to the economy were identified during the survey: economic governance, efficiency of subsidies, and infrastructure.
Policies are in place to tackle such problems. Highlights of the survey There has been a growth of 9.7 percent of the (GDP), at market price, in investments and savings and private consumption.
The rise in the savings rate and the rate of investment was up to 33.7 percent and 36.5 percent, respectively, in the year 2009–2010.According to the survey, the growth in the agricultural sector in the initial four years of the 11th year plan (2007–2012) was around 2.87 percent. In the year 2009–2010 the production of the food grains hiked to 232.1 billion tons from 218.1 billion tons.In the year 2010–2011 the agricultural sector was expected to have a growth of 5.7 percent as the monsoon season was expected to be comparatively good. The rise in food inflation and the growing need of agricultural product in the country initiated the need of a second.The industrial growth rate was 8.6 percent of the GDP at market price, whereas the manufacturing sector witnessed a growth of 9.1 percent in 2010–2011. Certain sectors like the telecom, crude oil production, and civil aviation have achieved well during the period of April through November; whereas there has been a low rate of growth in cement and fertilizer production, power generation, railway, and cargo sectors.The economic survey of 2010–2011 showed that with rising investment, the role of infrastructure escalated. There was a huge growth in, which increased in urban areas from 20.74 percent in the year 2004 to 143.95 percent in the year 2010, and, in rural areas, 1.57 percent in the year 2004 to 30.18 percent in the year 2010. This showed that the telecommunication sector was performing well.As far as the service sector was concerned, the survey suggested policies should be implemented to promote services like tourism, accounting, education, financial, and legal services.The was predicted to be $297.3 billion.
Indian Economic Survey 2011 12 Pdf Download
According to the survey, in December 2010 exports would go up by 29.5 percent and imports would rise up by 19 percent.The survey observed a rise in Internet banking which was estimated to be 59 percent which showed that the banking sector was performing effectively. Social program spending reportedly increased by five percent of the GDP.According to the survey, the gross fiscal deficit went down by 1.5 percent—that is 4.8 percent from 6.3 percent in the year before. Key economic indicators for 2010–11 Data categories and componentsUnits2005–007–009–102010–111. GDP and related indicatorsGDP (current market price)Rs Crore65582623PE6550271QE7877947AEGrowth rate%13.916.316.112.017.320.3GDP (factor cost 2004–05 prices)Rs Crore84162509PE4493743QE4879232AEGrowth rate%9.59.69.36.88.08.6Savings rate% of GDP33.534.636.932.233.7n/aCapital formation (rate)% of GDP34.735.738.134.536.5n/aPer cap net national income (factor cost at current price)Rs2.
Economic Survey Of India
ProductionFood grainsMn tonnes208.6217.3230.8234.5219.1a232.1bIndex of industrial production (growth)%8.011.98.73.210.5n/aElectricity generation (growth)%5.27.26.42.86.0n/a3. PricesInflation (WPI) (12 months avg)% change4.36.54.88.03.69.4dInflation CPI (IW) (avg)% change4.46.76.29.112.411.0d4. External sectorExport growth (US $)% change23.422.629.013.6-3.529.5eImport growth (US $)% change33.824.535.520.7-5.019.0eCurrent account balance (CAB) GDP%-1.2-1.0-1.3-2.3-2.8n/aForeign exchange reservesUS $ Bn151.6199.2309.7252.0279.1297.3fAvg exchange rateRs / US $44.2745.2540.2645.9947.4245.68g5.
Previous Economic Survey
Money and creditBroad money (M3) (annual)% change16.921.721.419.316.816.5hScheduled commercial bank credit (growth)% change30.828.122.317.516.924.4h6. Fiscal indicators (centre)Gross fiscal deficit% of GDP4.03.82.56.06.34.8Revenue deficit% of GDP2.51.91.14.55.13.5Primary deficit% of GDP0.4-0.2-0.92.63.11.77. This section possibly contains.
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