BS@40
OCTOBER 2014
VITAL STATISTICS THEN AND NOW BACK TO THE FUTURE
GAP ANALYSIS
Annual growth rate (YoY in %)
Gross fiscal deficit (in ~ crore)
1974-75
2013-14
2,303 5,24,359* *Revised Estimates
HEADCOUNT Population (in million)
1217
THE GROWTH DRIVERS
593
*Includes forestry & fishing,mining and quarrying
GDP at factor cost in ~ crore
THE GREEN REVOLUTION AND AFTER (Foodgrain
*Includes construction, electricity, gas and water supply
*Includes hotels, transport & communication
OUTWARD BOUND Foreign trade in (~ crore)
production in million tonnes) !1974-75 !2013-14*
Coarse Cereals
7,39,477
PROSPERITY INDEX
39,904
Per capita income (in ~)
9,658
*Includes community social & personal services
COVER POINT
!1974-75 !2013-14(PE)
At2004-05 prices
THE INDUSTRY SEESAW
Foreign exchange reserves ($ million)
Growth rate in %
!1981-82 !2013-14
2013-14
39.58 106.30 24.10 95.80 26.13 42.70 10.02
Pulses
*Includes insurance, real estateand business services
2012-13
1,379
99.83 264.40 Wheat
1974-75
1974-75
Total foodgrain
Rice
48,779
97,176
1,36,045
6,28,079 57,41,791
COMMUNITY SERVICES
79,120
13,93,387
9,07,386 2,56,719
SIZE MATTERS
FINANCE
TRADE
11,83,714
MANUFACTURING
AGRICULTURE
15,17,826
GDP by major sectors !1974-75 !2013-14(PE)
Exports Imports Trade gap
1975-76
2013-14
3,329
19,31,074
4,519 28,15,918 -1,190 -8,84,844
TRADE AS % OF GDP
304,223
Mining & quarrying
-5.6
STRENGTH FROM WEAKNESS 7.9
Value of rupee vs $
Manufacturing -3.7
24.80
!Exports !Imports
59.89
% growth in foodgrain output (over previous year)
-4.62 3.54
10.2 Electricity
19.60 4.10
5.70
17.00
5.2
7.75 9.3 General
1975-76
17.7
2013-14
March 1975
March 2014
-3.1