Page 300 - economic_survey_2021-2022

274 Economic Survey 2021-22

Figure 11: GFCF in Industrial sectors

2,000.0 40.0
1,800.0 35.0
1,600.0 30.0
GFCF in Rs. '000 crore 1,200.0 25.0 Share of industry in total GFCF (percent)
1,400.0

20.0
1,000.0
800.0
15.0
600.0
400.0 10.0
200.0 5.0
0.0 0.0
2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20

Construction Electricity, gas, water supply & other utility services
Manufacturing Mining and quarrying
Industry (RHS)

Source: Survey calculations based on MoSPI data, based on GFCF at constant prices.
Figure 12: Total and Industrial GFCF - Growth in percent

Source: Survey calculations based on MoSPI data, based on GFCF at constant prices.
Credit in Industry

8.12 Gross bank credit to the industrial sector, recorded a growth of 4.1 percent in October
2021 (Y-o-Y basis) compared to a negative growth of 0.7 growth in October2020. The share
of industry in non-food credit stood at 26 percent in October 2021. Certain industries such as
mining, textiles, petroleum, coal products and nuclear fuels, rubber, plastic and infrastructure
have shown consistent improvement in credit growth.