Government of IndiaMinistry of Finance Economic Survey '97





Selected Economic Indicators

TABLE 1.1

Key Indicators

- 1993-94 1994-95P 1995-96P 1996-97P 1993-94 1994-95P 1995-96P 1996-97P
Absolute Values Per cent change over previous period
Gross national product (Rs . thousand crore) -
At current prices 719.5 843.3 967.8Q NA 16.2 17.2 14.8Q NA
At 1980-81 prices 233.8 249.9 267.3Q 285.3E 6.0 6.9 7.0Q 6.7E
Gross domestic product (Rs . thousand crore) -
At current prices 731.9 858.3 985.8Q NA 16.0 17.3 14.8Q NA
At 1980-81 prices 238.9 256.1 274.2Q 292.9E 6.0 7.2 7.1Q 6.8E
Agricultural production(1) 157.3 165.0 164.3 169.2A 3.8 4.9 -0.4 3.0A
Foodgrains production
(million tonnes)
184.3 191.5 185.0 191.2A 2.7 3.9 -3.4 3.3A
Industrial production(2) 232.0 253.7 283.3 291.2(3) 6.0 9.4 11.7 9.8(3)
Electricity generated
(TWH)
323.5 351.0 380.1 291.5(8) 7.4 8.5 8.3 3.5(8)
Wholesale price index(4) 258.3 286.8 299.5 319.8(5) 10.8 10.2 4.4 7.6(5)
Consumer price index for industrial workers(6) 267.0 293.0 319.0 349.0(7) 9.9 9.7 8.9 8.7(7)
Money supply (M3)
(Rs.thousand crore)
434.4 531.4 601.8 655.5(10) 18.4 22.3 13.2 10.6(11)
Imports at current prices -
(Rs. crore) 73101 89971 122678 97111(8) 15.3 23.1 36.4 12.8(8)
(US $ million) 23306 28654 36678 27453(8) 6.5 22.9 28.0 4.4(8)
Exports at current prices -
(Rs. crore) 69751 82674 106353 85623(8) 29.9 18.5 28.6 14.9(8)
(US $ million) 22238 26330 31797 24205(8) 20.0 18.4 20.8 6.4(8)
Foreign currency assets -
(Rs. crore) 47287 66006 58446 71210(9) 134.8 39.6 -11.5 21.8(9)
(US $ million) 15068 20809 17044 19847(9) 134.2 38.1 -18.1 16.4(9)
Exchange rate -
(Rs/US $)+ 31.37 31.40 33.45 35.42(12) 7.7 0.1 6.1 5.6(12)

Note : Gross national product and Gross domestic product figures are at factor cost.
A-Anticipated; P-Provisional; Q-Quick estimates; E-Advance estimates; NA: Not available

+ Per cent change indicates the rate of depreciation of the Rupee vis- -vis the US dollar.

  1. Index of agricultural production (principal crops) with base triennium ending 1981-82=100.
  2. Index of industrial production 1980-81=100.
  3. April-October,1996.
  4. Index with base 1981-82=100.
  5. As on January 11, 1997 for 1996-97 and for the last week of March for the earlier years.
  6. Index with base 1982=100.
  7. As in November, 1996 and in the last week of March for the earlier years.
  8. April-December, 1996.
  9. At the end of January, 1997 for 1996-97 and at the end of March for previous years.
  10. As on January 17, 1997; end of financial year for previous years.
  11. April 1,1996 to January 17, 1997.
  12. April-January,1996-97.

Selected Economic Indicators


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From the database of Ministry of Finance disseminated on Internet through NICNET