Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
myIndia - 2006................. know your Nation in Nutshells....IV
by mohammed ahmed on May 09, 2007 01:16 PM


ECONOMY........

Based on Agriculture & Services: Land Reforms Critical
Socialist type(Public Private) designed by Planning Commision
1992: joined WTO ; Reforms / Privatisation in progress             
Manufacture / Infrastructure Industry Growing
Nehruvian Approach &Gandhian Spirit of Development             
Knowledge / IT Sectors Fast Growing & termed world Class      
Road, Electricity, Water and Sanitation still the Main Issues.             


Indicators ............
GDP.......      .....3,400,000      Cr. ( ~ $770 b)
Growth..........      8 - 9pc      per yr.(sustainable)
Average Income........      30,909      per capita / yr
................      1,50,000 per family / yr
Agriculture(25%of GDP).....      70,000/yr for 11 cr Fam. Each
Manufacturing(20%)......      300,000      for 1.5 cr Fam. Each
Services (55%)...........      200,000      for 7.5 cr Fam. Each
Inflation Rate       ..............4 - 5 %      (Under Control)
Forex Reserves..............      $135billion      ($120b foreign loan)
Poverty Level................      20% BPL      < 25,000 / family / yr
Imports & Exports.............      $(80 & 110)      billion
Total Bank Credits............      $400billion      55% of GDP
Market Capitalisation..........      ~ $750 billion 12th rank in world


Major Consumptions..............
      
Food Grains..................      400      mTe / yr
Surplus Production..........      40-50      mTe / yr
Petroleum. Oil ...........      120      mTe / yr
............( $60 / barrel)...      32indeginious
Crude Budget....( Rs.14 /lit)..      160,000Crores / yr
Iron & Steel...........      ........ 40      mTe / yr
Power Generation...............      115,000      Mwatt-Capacity
... .....Growth      ......2,500      Mwatt / year


Annual Budget........      570,000      crores

Tax (PI...CI...Indirect).......... 370,000 cr
PSU Profits and Others..........      50,000      cr
Deficit (Loans Credits)......... 150,000      cr (4.4pc of GDP)
Defence budget................... - 90,000 cr (3pc ofGDP)
Education& Health.............. - 40,000      cr (1.4pc of GDP)
Agro / Farm Sector ............      - 150,000      cr (4.4pc of GDP)
Cent.Govt.Salary/Pens..........      - 50,000      cr (excldg.defence)
Infrastructure&Industry........      - 20,000      crores
Loan Interest Payments.........      - 130,000      cr (4pc of GDP)
States&Other Payments..........      - 90,000      cr(incl. subsidies)

Separate Rail Budget...........      55,000 Cr.      
(20pc Profit)


Misscellneous Informations.......
      
1200 Engg. Colleges, 20 lac engineers., 40 lac Tech.Staffs... 5 lac Lawyers;3 Cr.       
Organised Employees ...30 lac km Roads.... 60,000 km.Railways....Rs.5,000Cr.Film      
Industry..... 10 Cr. TVs, 18 Cr. Mobile and Phones and 2.5 Cr PC's and all growing very fast.      
Union Budget Plan and Non-Plan Expenses = 170,000 & 400,000 Crores respectively      



    Forward  |  Report abuse
The above message is part of the Discussion Board:
'India's complexity appealing'