Average

1994-95

1980-81

Item

2003-04

2002-03

2001-02

2000-01

1999-00

to

to

2003-04

1989-90

(10 years)

( 10 years )

1

2

3

4

5

6

7

8

1.

Real GDP ( % change )

8.2

RE

4.0

QE

5.8 P

4.4

6.1

6.2

5.8

2.

Industrial Production ( % change )#

6.9

P

5.7

2.7

5.0

6.7

6.6

7.4

3.

Agricultural Production ( % change )*

19.6

-15.2

7.6

-6.4

-1.3

1.8

5.2

4.

Foodgrains Production ( Million tonnes )*

212.1

174.2

212.9

196.8

209.8

197.3

146.5

5.

Gross Domestic Saving Rate ( % of GDP )

n.a.

24.2

QE

23.5 P

23.7

24.2

23.7 +

19.4

6.

Gross Domestic Investment Rate ( % of GDP )

n.a.

23.3

QE

23.1 P

24.4

25.3

24.5 +

21.2

7.

Central Government Finances ( % of GDP )

a)

Total Revenue Receipts

9.5

RE

9.4

8.8

9.2

9.4

9.1

9.8

b)

Total Expenditure

17.1

RE

16.8

15.9

15.6

15.4

15.7

17.7

c)

Revenue Deficit

3.6

RE

4.4

4.4

4.1

3.5

3.5

1.7

d)

Fiscal Deficit

4.8

RE

5.9

6.2

5.7

5.4

5.5

6.8

e)

Net RBI Credit to Centre

-2.8

-1.1

-0.2

0.3

-0.3

-0.1

2.1

f)

Interest Payments

4.5

RE

4.8

4.7

4.8

4.7

4.5

2.6

g)

Domestic Debt

60.5

RE

60.7

56.7

52.8

49.7

51.7

41.7

8.

Monetary Aggregates ( % change )

a)

^{Broad Money (M}3⁾

16.6

P

12.7

@

14.1

16.8

14.6

16.8

17.2

b)

^{Narrow Money (M}1⁾

21.8

P

12.0

11.4

11.0

10.6

14.5

15.1

c)

Reserve Money

18.3

9.2

11.4

8.1

8.2

12.3

16.8

9.

Scheduled Commercial Banks ( % change )

a)

Aggregate Deposits

17.5

13.4

@

14.6

18.4

13.9

17.0

18.1

b)

Bank Credit

15.3

16.1

@

15.3

17.3

18.2

17.8

16.8

c)

Non-Food Credit

18.4

18.6

@

13.6

14.9

16.5

18.2

17.8

d)

Investments in Government Securities

25.1

27.3

20.9

22.1

24.7

20.6

19.4

10.

Wholesale Price Index ( % change )

a)

Point-to-Point

4.6

6.5

1.6

4.9

6.5

6.1

7.5

b)

Average

5.4

3.4

3.6

7.2

3.3

5.8

8.0

11.

Consumer Price Index - Industrial

Workers ( % change )

a)

Point-to-Point

3.5

4.1

5.2

2.5

4.8

6.6

8.9

b)

Average

3.9

4.0

4.3

3.8

3.4

6.9

9.1

12.

BSE Sensitive Index ( % change )

40.1

-3.8

-22.0

-8.4

41.4

6.9

22.3

13.

Trade and Balance of Payments

a)

Exports in US $ ( % change )

20.4

P

20.3

-1.6

21.0

10.8

11.5

8.1

b)

Imports in US $ ( % change )

25.4

P

19.4

1.7

1.7

17.2

13.1

7.2

c)

Current Account ( % of GDP )

1.4

0.8

0.2

-0.8

-1.0

-0.6

-1.8

d)

Capital Account ( % of GDP )

3.7

2.4

2.2

2.2

2.3

2.4

1.6

14.

Foreign Exchange Reserves** ( US $ million )

1,12,959

76,100

54,716

42,897

38,694

–

–

15.

External Debt** ( US $ million )

1,12,593

1,04,869

98,757

1,01,132

98,263

–

–

a)

Debt-GDP Ratio

17.6

20.2

21.1

22.6

22.1

23.4

n.a.

b)

Debt-Service Ratio

18.3

15.1

13.9

17.2

16.2

18.9

n.a.

16.

Exchange Rate ( Rupee / US$ )

a)

High

43.45

47.51

46.56

43.61

42.44

31.32

7.73

b)

Low

47.46

49.06

48.85

46.89

43.64

49.06

17.13

P : Provisional. n.a. : Not available.
@ : Adjusted for mergers in the banking system since May 3, 2002.
* : Figures for 2003-04 as per the Fourth Advance Estimate (as on August 5, 2004).
** : As at the end of the period.
# : Base : 1993-94 =100 for columns 2 to 7 and 1980-81=100 for column 8.
– : Not applicable.
RE : Revised Estimates. QE : Quick Estimates.
+ :Average of 9 years starting from 1994-95 to 2002-03.