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.