Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Saturday, June 7, 2014

Ready Reckoner as on 7th June, 2014

India's GDP (Gross Domestic Product)

  • FY14 GDP growth was 4.7% (Source: http://economictimes.indiatimes.com/news/economy/indicators/fy14-gdp-growth-at-4-7-india-sees-worst-slowdown-in-25-years/articleshow/35786980.cms)
  • India is the world's 3rd largest economy as per GDP in PPP terms ahead of Japan with a PPP GDP of USD 5.75 trillion against USD 4.37 trillion for Japan for 2011 (Source: http://www.livemint.com/Politics/9fdUKXraEGWXu2622jCNKO/Congress-accuses-Modi-of-lying-as-India-climbs-GDP-ranks-in.html)
  • GDP in absolute terms is USD 1.859 trillion in 2012 (Source: http://data.worldbank.org/country/india)
  • The projected Real GDP growth for 2014 is 5.4% and for 2015 is 6.4% according to IMF World Economic Outlook report of April 2014 (Source: http://www.imf.org/external/pubs/ft/weo/2014/01/pdf/c2.pdf)

Inflation

  • WPI (average) was 7.5% for FY13 and is projected to be 5.9% for FY14 (Source: http://planningcommission.nic.in/data/datatable/0306/table%201.pdf)
  • CPI (average) was 10.2% for FY13 and is projected to be 9.5% for FY14 (Source: http://planningcommission.nic.in/data/datatable/0306/table%201.pdf)

Current Account Deficit

  • 4.7% of GDP or USD 88.2 billion in FY 13 and is projected to be 1.7% for FY14 (Source: http://planningcommission.nic.in/data/datatable/0306/table%201.pdf)

Foreign Exchange Reserves

  • USD 312.383 billion as on 30th May, 2014 (Source: http://epaperbeta.timesofindia.com/Article.aspx?eid=31817&articlexml=Forex-Reserves-Falls-by-274-m-07062014006045)
Foreign Trade
  • Exports were USD 306.6 billion for FY 13 and are projected to be USD 318.6 billion for FY 14 (Source: http://planningcommission.nic.in/data/datatable/0306/table%201.pdf)
  • Imports were USD 502.2 billion for FY 13 and are projected to be USD 466.2 billion for FY 14 (Source: http://planningcommission.nic.in/data/datatable/0306/table%201.pdf)
  • Trade deficit was USD 195.7 billion for FY 13 and is projected to be USD 147.6 billion for FY 14 (Source: http://planningcommission.nic.in/data/datatable/0306/table%201.pdf)
Agriculture
  • Growth in FY 13 was 1.42% and is projected at 4.71% for FY 14 (Source: http://planningcommission.nic.in/data/datatable/0306/table%201.pdf)
Industry
  • Growth in FY 13 was 0.96% and is projected at 0.65% for FY 14 (Source: http://planningcommission.nic.in/data/datatable/0306/table%201.pdf)
Services
  • Growth in FY 13 was 6.96% and is projected at 7.00% for FY 14 (Source: http://planningcommission.nic.in/data/datatable/0306/table%201.pdf)