Report No. 5593.-N India: Structural Change and Development Perspectives (In Two Volumes) Volume II: Statistical Appendix April 24, 1985 South Asia Programs India Division FOR OFFICIAL USE ONLY Document of the World Bank This report has a restricted distribution and may be used by recipients only in the perfoffnance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization. CURRENCY AND OTHER EQUIVALENTS Currency Prior to June 6, 1966: US$1.00 = Rs 4.7619 Rs 1.00 = US$0.21 From June 6, 1966 to mid-December 1971: US$1.00 = Rs 7.50 Rs 1.00 = US$0.13333 Mid-December 1971 to end-June 1972: US$1.00 = Rs 7.27927 Rs 1.00 = US$0.1374 After end-June 1972: floating rate Rate end-March 1985; US$1.00 = Rs 12.3457 Rs 1.00 = 0.0810 Rupee values have been converted into dollars by using the prevailing exchange rates indicated above up to 1970/71. For subsequent years the following average rates in rupees per US dollar have been used: 1971/72 : 7.444 1975/76 : 8.653 1979/80 : 8.076 1972/73 : 7.706 1976/77 8.939 1980/81 7.893 1973/174 : 7.791 1977/78 : 8.563 1981/82 : 8.929 1974/75 : 7.976 1978/79 8.206 1982/83 9.628 1983/84 : 10.312 Source: IMF, International Financial Statistics (IFS), line "rf." In this report an estimate of 11.9 Rupees per US Dollar was used for 1984/85. Weights Unless otherwise specified all weight measures are metric. Years The Indian fiscal year runs from April 1 through March 31. FOR 0CIL USE ONLY TITLE INDIA: STRUCTURAL CHANGE AND DEVELOPMENT PERSPECTIVES VOLUWE II: STATISTICAL APPENDIX COUNTRY INDI& REGION : SOUTH ASIA SECTOR : COUNTRY ECONOMIC REPORT TYPE CLASSIF MMJyy LANGUAGE 5593-IN CEM Restricted 04/85 English ABSTRACT This report reviews growth and structural change in India duriug the period 1973-1983, and then considers the implications ot a 5 percent growth rate for the future. It consists of two volumes: Volume I, the Executive Summary and the Main Report, and Volume II, the Statistical Appendix. The report discusses the current economic situation (Chapter 1), ten years of growth and structural change (Chapter 2), a macro- economic framework for five percent growth (Chapter 3), a policy framework for accelerated growth (Chapter 4), and balance of payments financing and aid requirements (Chapter 5). The analysis of Chapter 2 is backed up by seven supporting Working Papers. IThis domnt has a reticted distrbution and may be used by recipients only in the performnce of their official duties Its contents may not otherwise be disdosed without World Bank autborizationL INDIA: STRUCTURAL CHANGE AND DEVELOPMENT PERSPECTIVES Volume II: Statistical Appendix Table No. Table of Contents HUMAN RESOURCES 1.1 Estimated Population and Distribution by Sex 1960-2000 1.2 Distribution of Population by Age Group and Sex 1961-1981 1.3 Selected Demographic Characteristics by States 1.4 Trends in Demographic Characteristics of the Population 1.5 Trends in Acceptance of Family Planning Methods and Estimated Number of Births Averted. 1.6 Employment in the Organized Sector-by Industry 1.7 Distribution of Persons (age 5 and above) by Current Weekly Activity Status 1.8 Statewise Unemployment Rates 1.9 Education-Progress o-" Enrolment NATIONAL ACCOUNTS 2.1 National Income and Some Related Aggregates (at current and 1970/71 prices) 2.2(a) Gross Domestic Product at Factor Cost by Industry of Origin (at current prices) 2.2(b) Gross Domestic Product at Factor Cost by Industry of Origin (at 1970171 prices) 2.2(c) Implicit Price Deflators for Gross Domestic Product at factor cost 2.3 Gross Savings & Investment (at current and 1970/71 prices) 2.4 Disposable Income and Its Use (at current and 1970/71 prices) 2.5(a) Gross Domestic Investment by Industry of Use (at current prices) 2.5(b) Gross Domestic Investment by Industryof Use (at 1970/71 prices) 2.5(c) Investment Deflators by Industry of Use 2.6 Growth of Total and Per Capita Net Domestic Product by States FOREIGN TRADE AND INVISIBLES (BALANCE OF PAYMENTS-CURRENT ACCOUNT) 3.1 Balance of Payments Summary 3.2 Merchandize Exports (at current prices) 3.3 Merchandize Imports (at current prices) 3.4 Destination of Exports 3.5 Origin of Imports 3.6 Invisibles on Current Account AID AND RESERVES (BALANCE OF PAYMENTS--CAPITAL ACCOUNT) 4.1 External Debt Summary 4.2 Debt Service Summary 4.3 External Reserves ..2 -2- PUBLIC FINANCE & PLANNING 5.1 (a) Public Finance Summary (at current prices) 5.1 (b) Public Finance Summary (as I of current GDP at market prices) 5.2 Consolidated Finances of Central & State Governments 5.3 Central Government Finances 5.4 State Government Finances 5.5 Tax Revenue-Centre & States 5.6 Current Expenditure by Centre & States 5.7 Transfers between Centre & States 5.8 Economic Classification of Central Government Finance 5.9 Projected & Actual Plan Outlays by Sectors (Annual averages at 70/71 prices) 5.10 Projected & Actual Plan Outlays by Sectors (Z distribution & achievement rates) 5.11 Gross Domestic Investment in Public Sector (at current and 70/71 prices) 5.12 Profitability of Central Non-Departmental Government Enterprises MONEY & CREDIT 6.1 Mfoney Supply & Sources of Change 6.2 Base Money & Sources of Change 6.3 Selected Monetary Policy Instruments 6.4 Interest Rates-Short Term Commercial Banking Rates 6.5 Interest Rates--Long Term Rates 6.6 Public Sector Banks-Advances to Priority Sectors 6.7 Capital Market: Financial Assistance Sanctioned and Disbursed by Financial Institutions 6.8 Capital Market-Selected Indicators (Capital Raised by Non-Government Companies and Deposits with Joint Stock Companies) AGRICULTURE 7.1 Production of Principal Crops 7.2 Index Numbers of Agricultural Production 7.3 Growth Rates in Area, Production & Yield of Selected Crops (1949/50-1983/84) 7.4 Statewise Growth in Production of Selected Crons from 1967/68 to 1983/84 7.5 Availability of Cereals & Pulses 7.6 Public Distribution of Foodgrains 7.7 Irrigation Summary INDUSTRY, TRANSPORT & ENERGY 8.1 Index of Industrial Production-By Industry Groups 8.2 Index of Industrial Production-By Use Base & Input Base 8.3 Production of Selected Industries 8.4 Capacity Urilisation of Selected Industries -3- 8.5 Cumulative Investment in Public Sector Enterprises 8.6 Production, Imports & Consumption of Fertilizers 8.7 Indian Railways-Freight & Passenger Traffic 8.8 Petroleum Summary-- Commodity Balance of Petroleum and Petroleum Products 8.9 Comparison of Domestic and International Prices for Petroleum Products 8.10 - Generation of Electricity by Region 8.11 Electricity Consumption by Sectors 8.12 Coal and Lignite Production 1973/74-1983184 PRICES 9.1 Index Number of Wholesale Prices--by Years 9.2 Contribution of Selected Commodities to Increase in WPI in Calendar Year 1984 9.3 Price Indices of Selected Agricultural Comodities 9.4 Selected Price Indices 9.5 Consumer Price Indices for Industrial Workers, Urban Non-manual Employees and Agricultural Laborers STANDARD TABLES I National Accounts Summary (current Rupees) II National Accounts Summary (constant US$) III Balance of Payments (current US$) -5- Table 1. 1 ESTIMATED POPULATION & DISTRIBUTION BY SEX 1960-2000 (in thousands) Year Male Female Total 1960 225942 208907 434849 1961 228715 215220 443935 1962 234131 220248 454379 1963 239689 225404 465093 1964 245395 230696 476091 1965 251224 236100 487324 1966 257196 241635 498831 1967 263271 247265 510536 1968 269511 253044 522555 1969 275918 258977 534895 1970 282500 265069 547569 1971 289019 271100 560119 1972 295118 276732 571850 1973 301346 282480 583826 1974 307704 26834? 596053 1975 314195 294339 608534 1976 320826 300454 621280 1977 327596 306695 634292 1978 334509 313067 647576 1979 341471 319667 661138 1980 354640 332492 687332 1981 362170 339362 701531 1982 370142 346843 716985 1983 378537 354711 733248 1964 366973 362583 749557 1985 395083 370064 765147 1990 435414 4083143 643557 1995 474562 445375 919937 2000 512252 482355 994607 Note: The population figures for the census years 1961,1 and 1981 differ from the official estimates as they have been corrected for under-counting. Source: World Bank estimates. -6- Table 1.2 DISTRIDUTION OF PPLNATION BY AB0E-MP AND SEx 1961-1991 (in thousands) Ye.a *o - 4) (5 -14) (15-193 (20-29) (30-39) (40-49) 150-59) £60 .2 Total _ _ _ __--~- _ ----- ---_----- --- ------ -------_ _------- -----_-- _------- 1961 nMlw 37363 5035 22665 39405 28944 19699 12307 24299 229716 Fe_-ales 3634 53446 22199 36799 25205 16931 10827 23000 215220 Total 74197 109481 44854 15193 54149 36630 23134 27299 443936 1971 elv 46758 74948 29699 45944 3579O 26099 16590 14B04 289020 Feanles 44532 716B9 27303 439E0 33613 22522 14459 13103 271100 Total 91209 146637 55991 98924 69403 48620 31049 27307 560120 1991 "slaw 53152 91039 37690 56991 42975 34552 2361e 22363 36ZL70 Feanles 51487 840E2 34149 55109 41096 31168 20700 21573 339362 rotal 104639 175121 71939 121999 83970 65729 44327 43936 701531 Note: The PopulatLOn figures dIffwr from the affactal cenus estma&tes As they have been corrected for under-countnq. Sources Wrld Dans e-stimate. 0-7 Table 31.3z S I E IIt CNAATUIUSTIU I STATS 1111 Popilatln Pap. I371-l1l T1111I pmrcatmq of 1131 Vital Itatn ArNm s lull 3m) per Inttr-cmal - ratio 6nto Tate) aheraicl n wpcnt Crit Crude Thomd SO.Sm Eruth hte ne.0 mede" wr popuation littry rateIbi 3131 ad totil puwletiu EIrth bith Sq.m 3913 In 3I 1 it per mmi 1000 fmin 397 1913 prims males f e males lamEs total late bte IWr 103m po. An ad 197943 tire PreSS 275.3 43.Xt S3.55 195 2.10 1021 19.3 23.3 29.9 39.3 26.4 sr.6u 33.54 4576 31.5 31.4 bAm 71.4 14.63 19."1*1 2541l3 3.0OYm1 Illelal L.l 10.351m n.e n.e n.c n.e *.e i.e 32.7 11.4 thyr 313.9 56.35 1.91 402 2.17 I367 20.0 12.5 21.2 3LI 13.1 30.13 2L5 32.32 3.4 14.7 ijarat 19 1. 2.70 34.0 74 2.46 1011 26.1 31.1 43.7 54.4 32.3 52.91 20.66 37.21 3.1 12.4 Harymm 44.2 10.44 32.92 292 2.55 2249 17.7 21.9 36.1 4U.2 22.3 49.93 10.61 31.63 36.3 11.3 Ulmchal Pradesh 5L7 3.46 4.23 71 2.15 123 7.0 7.6 42.5 5L2 31.5 52.63 31.U 42.44 31.6 10.1 Ji I KasmWir 227.2 4.t2 5.9 9 2.56 3523 33.6 21.1 21.7 3L63 2L5 3.2 33.32 44.2? 33.3 9 lnet a 12 29.30 37.14 I3 2.39 I03 24.3 2J.9 3B.5 43. 2n.7 54.3 25.33 40.24 20.2 9.1 Kerala 33.1 21.35 25.45 654 1.77 m 16.2 13.7 70.4 15.3 6.7 MR 36.61 30.53 26.2 6.9 tihya Frai 445 41.65 52.13 Il3 2.27 1063 16.3 20.3 27.9 19.5 O5.5 54.43 N.Mt Q.92 37.4 15.6 tieremhtra 307.7 30.43 12.73 204 2.21 1367 33.2 35.0 47.2 35. 34.1 53.73 30.63 42.56 23.3 20.0 N_iper 22.3 1.07 3.42 64 2.93 1030 13.1 26.5 41.4 53.3 29.1 46.N 39.49 43.21 29.0 6.1 N laya 22.4 1.01 1.34 60 2.90 11s 14.5 39.0 34.1 37.9 30.3 53.91 37.43 45.93 32.3 10.4 byteS 16.1 0.52 0.78 47 4.09 1159 9.9 15.5 42.6 50.1 33.9 52.59 4.39 43.24 22.4 6.9 frism 155.7 21.9 26L37 1 169 IJ5 1039 3.4 11.8 34.2 47.2 21.1 55.b 39.62 30.01 331. 14.0 Ph"a 50.4 13.55 36.79 3m 2.16 11ll 23.7 27.7 4.9 47.2 33.7 53.76 6.16 31.56 29.6 9.2 R;a stha 347.2 25.77 24.26 1o 2.37 1OU 17.6 21.0 24.4 33 12.4 i3.90 21.0 36.61 36.3 I.J Sikkim 7.1 0.21 0.D 45 4.14 III 9.5 16.1 34.1 44.0 22.2 57.11 37.64 4.24 n.e n.e Tal Nadu 130.1 41.20 49.41 372 1.43 1024 30.2 33.0 4.3 35.3 35.0 51.5 21.52 41.73 23.2 32.7 Tripura 30.5 1.51 2.e5 1n 2.79 1057 10.4 11.0 42.3 31.7 32.0 50.72 12.76 32.26 26.9 9.1 Uttar Pradsh 294.4 19.34 130.86 371 2.29 3330 14.0 17.9 27.2 3J. 14.0 50.76 3.07 30.72 3.5 36.4 Met bagel *.I 44.33 54.5 636 2.10 3093 24.7 26.5 40.9 50.7 3.3 50.30 L07 30.21 31.5 11.3 a & I [sades 3.2 0.11 0.31 23 4.9 1316 22.6 26.5 51.6 3.7 42.1 56.60 30.90 34.3 33.3 8.2 Armechel Pradei 63.7 0.47 0.63 3 3.04 3160 3.6 6.7 20.8 23.9 11.3 93.9 45.76 52.64 33.1 15.4 Ob dagarh 0.1 0.22 0.45 3963 3.67 1300 90.7 93.h 64.9 6.0 59.3 54.72 .55 34.83 2b.7 2.7 I & U eNwli 0.5 0.07 0.11 211 S.IH 1027 6.7 26.7 36.3 16.3 56.30 41.33 43.9 34.6 135.4 lhih 1.5 4.07 6.22 4194 4.29 3238 19.7 92.7 61.5 634 53. 52.67 6.93 32.18 27.3 3.9 ma.Isaamlhu 3.3 0.06 2.09 237 2.39 t109 26.5 32.4 56.7 65.4 47.6 43.20 21.93 35.19 17.7 7.3 Lakshaep 0.0 0.03 0.04 1253 2.37 1026 - 46.3 55.1 *5.2 44.7 39.33 9.15 24.43 32.0 9.3 Eizra 11.1 0.33 0.49 21 3.99 l36 41.9 24.7 599 4.5 54.9 52.30 37.o5 45.30 n.e n.a P--dichwrry 0.5 0.47 0.60 1223 2.50 2015 11.4 52.3 55.9 65. 45.7 47.16 33.51 30.47 24.3 B.3 6l3-lida 327.3 540.16 65.13 2141d3 2.25 1072 19.9 23.3 36.2 46.9 24.3 54.05 22.05 31.6 33.2 13.7 tte lea ) lad on Prajet aMs. bl Prcentee have bm compted on the total papulation inclusiav of Ag group 0-4 yers. lcD Incldes bath wain aid wqianil mkers. Id) Ecluding Jesus and laslmr. frces: 1. Cems of India 19.1. Final Pqpglatln latuis. 2. Ceas of lndia 1981. Primary :eas AbstrL GnAral Population. 3. Ces of India ia. , Key Populetiom StAtkstlcs Besw - 5 percuet Sample Data. 4. Registrar Garret media. Samle bqistrat.am Bulletin. Dkceder 3902. -8- ribl. 1.4: TRENDS IN BEHGRAPHIC CHMRICTERISTICS OF TIE POPULATIOM Average Coepound Grouth Rts of Population (2l2li1nI Population during Sc-Ratio Density percentage of ---------------------------- Previous Ten Years (Hbles per of Population Urban Population Year Total Hales Females 1I per annum) 1000 Femal) Per Sq.KH to Total 1951 361 185 176 1.26 1057 117 17.3 2961 439 226 213 1.98 1063 142 18.0 1971 548 284 264 2.20 1075 177 19.9 1981 685 348 324 2.26 1071 216 23.3 1991 799 412 387 1.75 1065 243 27.4 6eneral Average Eapec- Fertility Rate tatian of Life Birth Death Population (per thousand Total at Dirth (years) Rate Rate growth Rate Average for men of child Fertilit- ------------- ----- ------ ----------- Period bearing age Rate sales females (per thousand population) 1951161 201 6.0 41.2 39.8 42.7 24.4 18.9 1962171 19: 5.8 46.7 45.4 42.0 12.8 22.0 1971176 175 5.4 49.5 49.0 39.0 16.5 22.5 197681 154 5.1 51.0 50.0 36.5 14.5 22.0 1981186 (bilc) 133 4.8 52.7 54.4 34.2 12.7 21.5 1996191 lb)(cl 117 4.3 54.4 56.8 30.9 11.3 19.6 All India Sample Registration Survey: Yital Rates (Annual rate per thousand) Crude Birth Rate Crude Death Rate Infant lMrtality Rate per 1000 Live Births Year Total Rural Urban Total Rural Urban Total Rural Urban 1970 36.9 38.9 29.7 15.7 17.3 10.2 122 136 90 1971 36.9 39.9 30.1 14.9 16.4 9.7 129 138 92 1972 36.6 38.4 30.5 16.9 28.9 10.3 139 150 85 1973 34.6 35.9 28.9 15.5 17.0 9.6 134 143 89 1974 34.5 35.9 29.4 14.5 25.9 9.2 126 136 74 1975 35.2 36.7 29.5 15.9 17.3 10.2 140 151 84 1976 34.4 35.8 28.3 15.0 16.3 9.5 129 139 80 1977 33.0 34.3 27.8 14.7 16.0 9.4 129 142 67 1978 33.2 34.6 27.8 14.1 15.3 9.4 125 136 70 1979 33.1 34.3 28.3 12.8 13.9 8.4 n.a n.a n.a 1980 33.3 34.6 28.1 12.4 13.5 8.0 n.a n.a n.a 1981 33.2 34.7 27.2 12.5 13.6 7.9 n.a n.a n.a (a) Projections by Registrar General of India, for March I of year shown. The projections yield somewhat lower values than do those produced by lorld Bank staff, which havea higher base to adjust for census under-countinq. under-counting. (b) Projections relate to aid-yer of period. (cl For 1981-90 the projections as produced by World Bank staff. Sources: 1. Office of the Registrar-General. 2. Planning Comission. -9- Table 1.5 TRENDS IN ACCEPTANCE OF FAMILY PLANING NETH0118 AU ESTIMATED NUNDER OF BIRTHS AVERTED tin thoumandsu 1956 1960 65166 70171 75176 76177 77/78 78179 7Y/90 80/81 81/82 92113 8318 0418454.1 Ia) Ii) (b) Sterilizatlon Total 7 64 671 1330 2669 9261 949 1484 1778 2053 2792 393 4532 2337 Hales 2 37 577 979 1438 6199 1N 391 473 439 573 585 661 265 Females 5 27 94 451 1231 2062 761 1093 1305 1614 2219 3398 3871 2072 IUD insertions n.a n.a 813 476 607 581 326 552 635 628 751 1097 2131 1416 Users of Conventional Contraceptives Ic) n.a n.a 582 1963 3528 3692 3253 3469 3069 3809 4559 5948 8213 6909 Total Acceptors 7 64 2066 3769 6804 12534 4528 5505 5482 6490 8102 11028 14976 10662 Equivalent Sterilizations 7 64 974 1598 3068 9663 1242 1865 2165 2479 3302 4689 5729 3220 Cumulative Muber of Births Averted since 1961 599 6787 20612 24334 29384 34313 39221 44154 49260 54731 60931 66341 Medical Termination of Pregnancy n.a n.a n.a n.a 214 279 247 318 361 388 434 516 519 337 Cumulative Nuber of Births Averted since 1961(dl n.a n.a 304 527 725 979 1268 1579 1925 2338 2753 3023 Cumulative Number of Total Births Averted since 1961 n.a n.a 20916 24961 30109 35292 40489 45732 51195 57069 63694 69364 Motes: (a) The data for 1956 and 1960 relate to calendar years. Ibi Relates to period January 1965 to March 1966. Ic) From 1970171 ontards the figures exclude condoms distributed freely to vasectouised cases and a5 free samples. Equivalent users have been derived by dividing the number of pieces of condoms,diaphgrams, jelly & cream tubes,foam tablets and oral pill cycles by 72,2,7,72,13 respectively,uhich are the average numberS required to give complete protection to a couple in one year. From 1975176 onwards include oral pill users also. Id) Estimated by assuming that percentage of births averted due to ued:;l termination of pregnancy is 90. Cel Upto December 1984. Sources: 1.Ninistry of Health and Family Welfare. 2.Vorld Dank estimates. -10- Table 1.6 ENPLOTIENT IN THE ORMANIZED SECTOR - BY INIUSTRY fin thousands) As at tue Agriculture mining Transport Trade End of the and allied I Menu- Construc- Public & & All Ativities Fiscl Yeur Activities harrying facturing tion Utilities Communication Commerce Services Total ......_............ ._,.................... ............. ......... ......... -------.. -------- ----- ------ ---..----_-.--_-___-_-._-__ 1960/61 Public Sector 1I0 129 369 602 224 1725 ?4 3427 7050 Private Sector 670 350 3020 240 40 90 160 290 5040 Total 950 679 3389 042 266 1805 254 3707 120I0 19*5/66 Public Sector 227 160 670 766 303 2094 155 5004 9379 Private Setor la) 903 507 3153 254 42 123 330 76 6513 Total 1130 667 4529 1020 345 2217 48b 5800 16192 1970171 Public Sector 264 177 782 797 402 2159 298 5475 10374 Private Sector (bh 814 429 3900 152 44 101 293 9b3 6696 Total 1079 606 42a 949 446 2290 591 6439 17070 1975176 lci Public Sector 359 719 1113 992 536 2411 546 6639 13321 Private Sector (bh 927 132 4156 94 35 74 470 1053 6844 Total 1186 851 5271 1086 571 2491 1016 7694 20165 1979190 Public Sector 431 797 1446 1068 661 2651 101 7224 15078 Private Sector (hI 960 125 4417 73 34 71 480 1167 7227 Total 1291 922 5863 1141 695 2722 1291 B391 .2305 1980518 Public Sector 463 Big 1502 1089 693 2709 945 7355 15484 Private Sector (bh 958 130 4545 72 35 60 473 1222 7395 Total 1321 949 bO47 111b 718 2769 1338 8577 22879 981182 Public Sector 457 832 1532 1112 698 2781 92: 7547 15946 Private Sector (bh 851 129 4661 71 36 60 481 1259 7548 Total 1308 9b6 6253 1183 734 2941 1409 8806 23493 1982183 (d) Public Sector 474 884 1626 1119 720 2962 9W 7782 16420 Private Sector (bh 894 120 4637 b6 38 59 493 1283 7536 Total 1322 1004 6263 1178 758 2985 1474 9065 23956 la) Establishmts of 25 wrkers and over. Reporting is compIlsory. (bh Includes employment in establishments of 10 wrkers and over. Reporting for the category 10-25 workers is on a voluntary basis. and the extent of coverage is not known. Ic) Data from 1975176 onwards is based on National Industrial classification, 1970 and is not exactly comparable with the earlier wears. (dl Provisional -11- Table 1.7 DISTRIEITIUI OF F5I iiE 3 AND WOVEl BY CUWET MEEIQY IIVY STATtI la) llban ll-India Male Feale Total Hle Female Total Nale Female Total I Marking Persons in Labour Frce 60.20 26.Y0 43.91 35.50 14.22 35.97 59.22 24.31 42.29 a. Morking in am fare 32.25 13.6 23.30 3.34 1.77 2.59 26.20 11.53 19.08 L Morking in househld non-fare 6.69 2.50 4.64 19.09 4.65 12.26 9.23 292 6. 1.9 entwpriselprufessi n c. Vkring as regular salaried emplayee/ aqe labour in farm 2.85 0.37 1.63 0.54 0.13 0.3S 2.36 0.32 1.37 d. Iarking as regul salaried eeplaee mq labour in non-farm enterprise/ professimn 3.72 0.67 2.23 25.85 4.22 15.62 8.35 1.35 4.96 e. Morking as casual labour of which: Public mrks 0.45 0.22 0.34 A.21 0.07 0.14 0.40 0.1? 0.30 Agriculture 11.69 8.17 9.97 1.49 1.41 1.45 9.56 LI2 9L23 Non-4rAiculture 2.38 1.O0 1.71 4.95 1.99 3.54 2.92 1.1 2.09 f. Varking as boded laborer 0.17 0.02 0.10 0.03 0.00 0.02 0.14 0.02 0.08 LI Not arkinq but seeking and available for uuwk - unemloted 2.23 1.16 1.71 4.25 1.75 3.07 2.65 1.28 1.98 Ill Not in Labor Force 37.57 71.94 54.38 40.25 84.03 60.9 38.13 74.34 55.72 IV Total pulation 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 (a) For the period July 1977 to June 1979. Sorce: The Iational Samle Survey. 32nd Roud (1977-78). Results of the Second quinquenmial survey on employment and unemplyment published in Sarveksbana, July-Otober 1981. -12- Table l.U STATEMISE IIEIFUOIENT MTFS (a) (Zi HOlI~~~ ~~ER 13B STATES ural UHan Total Rural Urban Hale Fmle Total Hle Feale Total Hales Femle Total hale Feale Hale Feale (bI (hb (bI lb) lb) hibra Pradesh 4.06 8.26 5.72 9.06 11.11 9.65 4.8. .50 6.79 12.46 9.15 L19 0.72 Assn 1.53 1.13 n.a 4.21 9.66 n.a n.a n.a n.a n.a n.a l.a lihr 4.10 4.37 4.16 6.69 9.76 6.96 4.40 4.55 4.71 13.92 4.40 L11 0.9l eju;rat 2.57 1.70 2.29 4.e5 5.34 4.Y 3.25 2.05 2.99 6.50 3.09 2.7 0.33 Kryana 4.44 1.46 391 5.57 7.25 5.6S 4.69 zeo 4.19 2.68 0.51 0.77 0.06 Hisaca Prades 1.6b 0.04 1.04 5.21 10.t7 6.14 I.SS 0.36 2.95 1.04 0.66 0.10 0.02 Jam & Ksir 4.09 1.60 3.17 4.39 16.99 6.29 4.14 2.64 4.21 1.43 0.13 0.34 0.06 Kamataka 2.92 4.68 3.46 6.53 9.51 6.9 3.79 sL19 4.52 7.64 4.00 2.70 0.61 Kerala 12.25 12.84 12.42 15.12 14.67 15.02 12.78 13.09 13.14 4.60 1.96 1.03 0.2z Kadha Pradesh 1.41 1.93 1.57 4.93 3.84 4.68 2.03 I.95 2.64 I.9 7.27 2.66 0.48 aha'rastra 2.92 4.06 3.40 7.47 14.94 9.53 4.50 5.24 5.19 11.37 9.29 6.05 1.02 raipzr 2.36 0.t16 .35 1.57 2.95 2.06 2.17 0.66 1.67 0.26 0.2' 0.08 0.05 rissa 3.B0 5.57 4.29 6.0 9.05 7.05 4.15 5.70 4."9 6.60 245 0.94 0.14 Pujab 2.59 11.00 3.43 3.72 6.63 3.91 2.e 10.19 3,a7 3.51 0.39 1.30 0.09 Rajasthan 2.19 1.39 1.4 4.30 1.53 4.09 2.62 1.40 2.54 7.31 3.26 1.78 0.20 Til Hadu 5.97 5.27 5.65 9.11 12.47 9.72 6.95 6.33 6.93 9.66 5.41 4.19 0.93 Tripura 1.69 1.56 1.66 12.53 25.16 14.64 2.71 3.39 4.22 0.48 0.12 0.05 0.01 Uttar Pradesh 2.46 1.24 2.29 5.00 3.76 4.S3 '.90 1.43 2.62 24.74 3.0 5.12 0.32 best Bengal 4.46 3.69 4.35 9.75 12.35 9.97 5.91 5.17 5.07 10.42 1.74 3.94 0.36 Delhi 9.13 20.00 9.93 667 30.68 9.86 6.77 29.56 9.73 0.12 0.02 1.69 0.17 finaDn & Dim 10.13 11.48 10.60 10.72 12.69 11.21 10.33 11.78 10,79 0.17 0.09 0.09 o.03 Paudicherry 10.29 7.24 9.37 14.36 11.59 13.74 12.32 L98 10.52 0.07 0.03 0.07 0.02 All India 3.57 4.13 3.75 7.12 10.93 7.96 4.29 4.9 4.47 (a) Person-eeks seeking ador available for mrk as a percentae of total person-eeks in the labr force, far poerlation of age 5 years and anowe for the period JItly 1977 to Jme 1979 Cbl CGmuted far each state using the data frm 1981 Cen for mle and fenade orkers in rural and urban areas. Suret-l National Sample Survey, 32nd Rond 11977-791. Results of the Second qui.quemnal srvey an employment ad ueploymnt Published in Sarvekshn. Junrlctaker IB9. -13- Table 1.9 EIUCATION - PROWRESS OF EIEIIUEbT (Nillion Persons) Prisary Level (Class 1 - VI Riddle Level(Classes VI-VIIII Secondary Level (classes 1-11) Age 6 - II Tears Age 11 - 14 Years Age 14 - 17 Years University (b) Tear Boys Girls Total Iory Firis Total Days Sirls Total 1950151 13.8 5.4 19.2 2.6 0.5 3.1 1.1 0.2 1.3 0.3 1955/S6 17.5 7.7 25.2 3.4 0.9 4.3 1.5 0.4 1.9 0.6 1960/61 23.5 11.4 35.0 5..2 1.6 6.7 2.3 0.5 2.9 0.8 1965166 32.2 18.3 50.5 9.7 2.9 12.5 3.9 1.2 5.1 1.3 1970/71 35.7 21.3 57.0 9.4 3.9 13.3 4.9 1.7 6.6 2.4 1975176 40.7 25.0 65.7 11.0 5.0 16.0 5.3 2.1 7.4 3.1 1976)m 42.7 26.4 69.1 11.4 5.' 16.7 5.5 2.1 7.6 3.6 1977I 7 43.2 26.9 70.1 12.0 5.7 17.7 6.1 2.5 8.6 3.0 19789n9 44.0 29.2 72.2 12.1 6.0 18.1 5.9 2.4 8.3 4.0 1979180 44.2 27.3 71.5 13.0 6.2 19.2 6.9 2.9 9.8 3.1 190N/81 IC) 44.6 28.1 72.7 13.2 6.6 19.8 6.7 2.8 9.5 4.0 1981/92 (c) 45.0 28.6 73.6 14.0 7.1 21.1 9.0 3.5 11.5 3.7 1982183 (c) 47.3 29.8 77.1 14.7 7.5 22.2 8.1 3.7 11.5 4.6 -nrolmnet as Percentage of the correspoding age group: (a) 1950/51 60.6 24.8 43.1 20.6 4.6 12.9 8.7 1.5 5.3 1970)71 92.6 59.1 76.4 46.5 20.8 34.2 27.1 10.2 19.0 1975/n6 95.7 62.0 79.3 47.0 23.3 35.6 25.1 10.6 18.2 IM/79 100.2 67.8 84.5 49.4 26.0 38.0 25.1 11.5 19.8 1979/80 99.3 65.0 92.7 52.0 26.4 39.6 22.9 13.9 21.9 1980/81 99.0 66.2 93.1 52.1 27.2 40.0 27.7 12.7 20.4 1981/82 99.4 66.9 83.7 54.2 29.1 41.9 33.0 15.3 24.4 1982)83 104.0 69.4 97.2 56.3 30.6 43.9 30.4 15.8 24.6 Ja) Enrlmaent as perce>ntage of correspcnding age group may exceed 100 in some instances because of the presence of children both ymwnger and older than indicated in the age group for these classes. (b) kfers to general education in commerce, arts & science courses in the universities. Excludes enginering, medicine and technical courses conducted in autonomos institutions. Cc) Provisioal. Sources: 1. hinistry of Education. 2. Planing Comission, Draft Sixtb Five Year Plan 1980-85. -14- Table 2.1 NITIhu INCMNE AND SINE RATED AGGEGATES IRs. billion) (at current prices) 50151 60161 70171 n74 74175 73n6 76M 77n1 78179 75180 80H81 81102 S2)13 B3184 (a) Net National Product 99.12 132.63 342.35 504.24 594.46 620.69 667.54 754.79 811.95 99506 1059.3 1208.1 1324.7 1596.0 at factor cost Consa.ptiam of Fired Capital 3.24 7.36 22.17 30.23 35.26 40.46 44.77 49.54 56.95 66.25 90.49 97.70 112.42 131.41 Gross National Product 91.36 139.Y9 364.52 534.47 629.72 661.15 712.31 904.33 969.90 951.31 1139.8 1305.1 1437.1 1727.4 at factor cost Factor Incom Payuets(al 0.41 0.72 2.94 3.25 2.91 2.55 2.33 2.33 1.56 -1.53 -2.99 0.07 6.91 6.81 Gross Doewstic Product 91.77 140.71 367.36 W7.72 632.63 663.70 714.64 906.66 970.46 949.79 1135.8-1305.8 1443.9 1734.2 at factor cost Indirect Taxes less 3.97 9.47 35.27 51.69 63.32 77.14 95.33 S9.17 105.34 121.94 139.05 169.14 191.83 223.19 Subsidies Gross Domstic Product 95.64 150.19 402.63 589.40 695.95 740.94 79.97 995.83 975.80 1071.6 1274.9 1475.0 1635.9 1957.4 at market prices [at constant prices) 50/51 60161 70171 73/74 74175 75176 76m 77/7 79/79 79190 8091o 81182 92J83 83184 Net National Product 167.31 242.50 342.35 359.67 365.02 400.64 402.71 439.16 463.99 439.30 473.12 496.31 504.37 542.76 at factor cost Consumption of Fixed Capital 7.38 11.74 22.17 24.43 23.55 25.07 26.31 27.61 3D.05 30.66 32.91 35.35 36.47 39.36 Gross National Product 174.69 54.24 364.52 384.19 399.5/ 425.71 429.02 466.79 494.03 468.96 506.03 531.66 540.84 591.12 ak factor cost Factor Income Paymemts(al 0.67 1.10 2.94 2.36 1.22 0.91 0.94 0.94 O.b6 4.42 4.77 0.02 1.96 1.82 Gross Dmestic Product 175.36 255.34 367.36 386.46 399.75 426.62 429.86 467.73 494.63 468.54 505.26 531.69 542.90 52.94 at factor cost Indirect Taxes less 9.06 16.30 35.27 37.24 34.59 39.12 41.38 42.44 49.44 47.44 45.72 51.24 56.73 62.49 Subsidies ross Dostic Podct 194.42 271.64 402.63 423.70 424.37 465.74 471.24 510.17 544.07 515.99 550.98 592.92 599.53 645.43 at arket prices lote: (a) ktick Estimates Sorce: CSO, Natioal Accouts Statistics, 1970171-1990/l1,Jmuiary 198; ano Press Note Dated Janury 23,1995 -15- Table 2.2 la) 6ROSS OM5EtIC PROMWCT AT FACTOR COST- Bl INDUSTRY OF OR16IN (Rs.billion at current prices) Sector 50/51 60/61 7017! 72173 73/74 74175 75176 76177 771/7 78179 79/90 90/9l 61/82 82/93 63/94 la) (bh Primary Sector 57.03 71.53 178.02 203.62 272.75 297.40 287.29 295.04 337.43 348.10 361.25 439.64 499.B9 538.34 663.04 Agriculture 45.41 67.51 167.78 191.69 259.79 290.29 266.45 2J71.4 312.92 319.84 329.43 402.17 445.90 466.56 5YS.30 Forestry S Logging 10.63 1.76 4.01 4.61 5.16 5.62 6.33 7.08 7.26 8.73 9.99 11.19 12.96 15.09 17.76 Fishing 0.36 0.92 2.45 3.05 3.93 4.54 5.67 6.01 6.19 7.38 7.68 B.Bb 10.07 12.15 13.51 Wining & huarrying 0.63 1.44 3.78 4.27 4.87 6.95 9.84 -10.11 11.17 12.15 15.15 17.62 30.95 44.54 56.47 Secondary Sector 17.94 27.21 75.94 91.E2 105.02 131.70 145.03 165.23 196.08 209.05 233.13 269.52 2Y9.37 333.50 385.27 llanufacturing 13.87 19.94 52.23 63.75 75.72 99.58 103.75 115.20 1 2.39 147.61 169.52 193.69 214.90 2.2.48 7re 53 Registered 5.26 11.0! 34.06 41.00 49.02 63.60 66.47 75.64 93.31 96.26 110.36 126.55 142.97 151.75 170.29 Unregistered 9.61 9.05 18.17 22.75 26.70 34.98 37.29 39.56 45.08 51.35 59.16 67.14 71.93 76.73 99.24 Construction 3.90 6.41 19.52 23.16 24.05 26.37 32.93 39.09 45.20 46.54 46.46 56.3; 62.06 79.31 95.38 Electricity, Gas 0.27 0.86 4.19 4.91 5.25 6.75 9.35 20.95 12.49 14.90 17.15 19.44 .2.51 25.71 31.36 Mater SupDI y Tertiary Sector 15.67 41.97 113.40 136.97 159.05 203.53 231.39 254.37 283.15 313.31 355.40 426.48 506.59 572.09 662.89 Transport,Storaqe& 3.98 6.07 19.69 22.32 24.90 31.74 35.24 41.60 45.64 53.61 57.73 63.19 74.49 89.72 106.42 Commnication Railways 1.72 3.02 5.97 6.56 5.84 7.39 9.01 11.13 11.29 10.97 11.05 11.24 16.28 21.23 24.14 Other Transport& 1.90 3.20 10.34 13.00 15.93 20.39 22.14 25.03 29.36 35.75 39.09 44.05 49.14 57.44 69.17 Storage Comeunication 0.36 0.65 2.39 2.76 3.13 3.57 4.00 5.44 5.99 6.99 7.60 7.90 9.07 11.05 13.11 Trade. Hotels and Pestaurants ?.37 13.27 40.43 49.61 60.25 91.05 92.08 95.97 109.57 117.45 137.55 173.59 207.01 215.02 247.79 Bankinq&I.surance 0.63 1.63 6.56 8.86 11.01 13.7? 17.77 21.04 23.56 25.70 28.69 35.18 44.79 55.58 62.31 Real Estate & Other Bosiness services 3.90 6.06 14.58 17.2I5 9.09 21.44 23.41 26.20 28.90 32.77 37.34 41.94 50.21 56.19 62.96 Public AdanlDefense 4.09 5.39 16.35 19.76 22.21 28.56 32.37 34.53 36.94 40.72 45.85 54.14 62.06 74.01 87.41 Other Services 5.71 9.76 16.79 20.17 22.49 27.35 30.51 35.03 38.54 43.06 48.24 58.44 68.02 91.54 96.01 GDP at Factor Cost 90.64 140.71 367.36 432.41 537.72 632.63 663.70 714.64 806.66 870.46 949.78 1135.84 1305.83 1443.93 1734.20 la) Sectoral allocation of total 6DP has been estimated from proportion given in CSO, Estimates of National Income 1948/49-1962163 Febiuary 1964. (bl Qick Estimates Sources: CSO. National Accounts Statistics. 1960/61-1974/75 October 1976; 1970.71-1979190 February 1982;1970/71-191S2 January 1994; and Press Note dated January 231o95. File namcA2 211 -16- Table 2.2(b) 6RISS MIESTIC PROIUCT AT FACTMR COST - 9? INDUSTRY OF OR1611 IRs.billion at 1970/71 prices) Annial Copopm Gro6th Rate (I per annual 50131- 70171- 78/79- Sector 50151 60161 70/71 72173 73n4 74/7 75n6 76/77 77/7o 7/7 79100 E0181 8112 821/3 93/94 g0otl 6101 83/814 (a) Priary Sector 104.53 140.7B 178.02 166.90 178.95 175.99 198.29 15.96 2?7.59 213.69 186.66 209.09 217.70 122.09 232.13 2.34 1.62 1.67 Agriculture 100.04 133.95 167.79 156.01 168.05 164.62 186.13 173.86 195.91 201.41 174.69 197.09 205.00 1S.35 217.50 2.29 1.62 1.55 ForestrySLoqgzng 2.13 2.68 4.01 4.15 4.03 4.11 4.22 4.08 3.61 3.86 3.53 3.32 3.35 3.11 3.26 1.49 -1.97 -3.32 Fishing 1.04 1.77 2.45 2.68 2.75 2.96 3.14 3.04 3.04 3.19 3.17 3.22 3.29 3.50 3.73 3.84 2.77 3.18 fliningluarrying :.32 2.38 3.78 4.06 4.12 4.30 4.80 4.99 5.12 5.23 5.27 5.46 6.07 6.93 7.64 4.95 3.75 7.87 Secondary Sector 25.39 44.13 75.94 90.67 81.B5 82.77 97.32 95.b2 102.73 110.47 107.31 110.21 114.56 117.79 123.02 5.02 3.79 2.18 lansfacturing 17.50 31.35 52.23 55.90 59.61 59.99 61.28 66.68 71.00 78.61 77.35 79.66 81.29 82.69 96.64 5.14 4.18 1.96 Registered 9.55 11.53 34.06 36.07 39.05 30.29 38.72 43.34 46.02 51.33 50.36 51.18 53.50 54.04 56.39 5.76 4.16 2.91 Unregistered 7.95 12.77 19.17 19.93 20.56 21.70 22.56 23.34 24.99 27.45 26.99 27.48 27.79 29.64 30.45 4.22 4.22 2.07 Construction 7.39 11.38 19.52 20.05 19.39 17.71 20.27 22.56 25.10 24.29 2.49 23.70 24.64 25.89 26.31 3.96 1.96 1.61 Electricity. gas 0.49 1.40 4.19 4.72 4.95 5.07 5.77 6.38 6.63 7.37 7.47 7.95 B.63 9.22 9.87 9.69 6.48 6.02 Mater Supply Tertiary Sector 45.45 70.43 113.40 121.53 125.66 131.03 141.01 148.28 157.42 170.47 174.57 195.% Y19.42 212.12 227.7? 4.81 5.07 5.97 Transport,Storage r Coanication 6.35 11.03 19.69 20.77 21.42 23.25 25.29 26.96 28.11 30.47 32.08 34.44 36.93 38.96 41.32 5.90 6.30 6.2B Railways 2.56 4.14 5.S7 6.51 6.09 6.32 7.12 7.64 8.04 8.05 9.19 9.42 9.12 9.33 9.38 4.05 3.50 3.11 Other Transport 3.14 5.68 10.34 11.60 12.48 13.95 14.99 15.67 16.42 19.51 1.b6 21.46 22.78 24.24 26.22 6.62 7.57 7.21 3 Starage Counication 0.65 1.21 2.38 2.66 2.95 2.99 3.19 3.45 3.65 3.91 4.24 4.56 4.93 5.29 5.72 6.71 6.72 7.91 Trade, otels and Restaurants 14.50 24.20 40.43 41.38 43.13 45.09 49.32 51.03 55.29 60.17 59.10 61.06 64.96 65.93 69.60 4.92 4.21 2.95 Danhing&lnsrance 1.60 3.34 6.56 7.75 7.79 7.08 8.43 10.14 11.32 13.21 12.3 13.05 13.72 15.92 16.93 7.25 7.12 5.09 Real Estate&other Business Services 7.59 9.58 14.59 15.29 15.70 16.15 16.58 17.11 17.67 19.25 19.75 19.30 21.61 22.44 23.33 3.16 2.94 5.03 Pnb.Ad.a &defmnse 4.75 7.69 16.35 19.63 19.90 20.96 22.38 23.70 25.35 29.19 31.43 35.38 3.05 44.27 50.02 6.97 9.19 12.15 Other Services 20.66 14.59 16.71 17.72 17.82 19.60 19.01 19.34 19.68 20.19 21.33 22.23 23.25 24.90 26.59 2.48 2.95 5.67 MOP at Factor Cost 175.36 255.34 367.36 369.10 386.46 399.7? 426.62 429.86 467.73 494.63 468.54 505.26 531.68 542.90 592.94 3.59 3.24 3.34 tal buick Estimates Source: 50, National Accounts Statistics. 1770/71-1977/789 February 1990; 1970/71-1978/79, Januaryy 1991; 1970171-1979/80, February 1992; 1970/71-90191,Janar 1994 and Press Note dated January 23,1985. -17- Table 2.2(c) Implicit Price Deflators for Gross Domestic Product at factor cast 70/71 71/72 72173 73/74 74/75 75/76 76177 77170 78179 71800 B0181 81782 821/3 E3194 (a) Primary Sector 100.00 104.26 122.00 152.42 168.99 144.88 158.66 162.55 162.90 193.53 210.36 229.62 252.87 294.25 Agriculture 100.00 104.32 12.87 154.00 170.26 143.15 156.36 159.76 155.80 185.01 204.05 217.51 23i.46 273.70 Forestry & Logging 100.00 105.26 111.08 128.04 136.74 150.00 173.53 201.11 226.17 283.00 337.05 386.87 455.21 544.79 Fishing 100.00 101.15 113.51 142.91 153.38 180.57 197.70 203.29 231.35 242.27 275.16 307.01 347.14 362.20 Mining & Quarrying 100.00 102.56 105.17 115.20 161.63 154.17 203.01 218.16 232.31 287.4E 322.71 509.88 642.71 739.14 Secandary Sector 100.00 107.12 113.82 129.31 159.12 166.09 172.80 181.14 109.24 217.25 244.55 261.32 283.16 315.62 Manufacturing 100.00 107.12 114.04 129.19 164.33 169.30 172.77 180.83 157.30 219.16 246.24 264.24 276.34 297.71 Registered 100.00 106.90 113.67 128.83 166.10 171.67 174.53 181.03 187.53 219.14 247.26 267.05 280.81 301.99 Unregistered 100.00 107.52 114.73 129.E6 161.20 165.25 169.49 180.46 186.86 219.19 244.32 258.83 267.91 28?.79 Costruction 100.00 108.51 115.51 130.78 148.90 162.46 173.23 180.08 191.60 206.58 237.93 251.87 306.45 373.93 Electricity, Eas & Water Supply 130.00 101.11 104.03 108.25 133.14 144.71 171.63 188.39 202.17 229.59 247.64 260.83 278.85 317.73 Tertiary Sector 100.00 105.43 112.70 127.29 155.33 164.09 171.55 179.87 183.79 203.59 229.34 254.03 269.69 291.01 Transport, Storage & Communication 100.00 104.01 107.46 116.25 134.80 139.34 154.30 162.36 175.94 179.96 183.48 202.25 230.88 257.55 Railways 100.00 102.71 100.77 95.89 116.77 126.54 145.68 140.42 135.03 135.09 133.49 178.51 227.55 257.36 Other Transport Storage 100.00 104.50 112.07 127.64 146.16 147.80 157.72 172.72 193.14 198.78 205.27 215.72 236.96 263.81 Comunication 100.00 105.16 103.76 109.52 119.80 128.21 157.68 164.11 175.77 179.25 173.25 183.98 208.88 229.20 Trade, Hotels & Restaurants 100.00 106.55 117.47 139.6Y 179.75 186.70 188.07 198.17 195.20 236.75 284.29 318.67 326.63 356.01 Banking & Insurance 100.00 106.06 114.32 141.34 194.77 210.79 207.50 208.13 194.55 222.75 269.58 326.46 351.33 368.04 Real Estate & other Business Services 100.00 105.69 112.89 121.5Y 132.76 141.19 153.13 1I3.55 179.56 I1.15 217.31 232.35 250.40 269.87 Pub. Admn & Defense 100.00 102.50 106.07 112.17 136.91 144.64 145.70 145.72 144.45 145.85 150.89 155.92 167.18 174.75 Other Services 100.00 106.79 113.83 126.21 147.04 160.49 181.13 195.83 213.48 226.16 262.59 292.56 327.47 361.08 GDP at Factor Cost 100.00 105.23 117.15 139.14 162.30 155.57 166.25 172.46 175.98 202.71 224.80 245.60 266.02 297.49 (a) Quick Estimates. Source: Statistical Appendix Tables 2.2(a) M2.2Mb). -18- Table 2.3 6ROSSS SAVINGS MNID INVESTNENT (in Rs. billian) Sector 50/51 60/61 70171 71172 72173 73/74 71/75 75176 76177 77/78 78179 79/00 Bo/91 91182 82/83 831B4 (c) (at current prices) I 6ROSS IATIONML SAYINGS 9.75 20.63 67.83 74.98 77.69 113.92 126.53 148.47 179.05 197.63 240.91 248.38 2M2.13 326.65 373.22 441.72 Households 7.18 13.64 48.73 54.67 56.48 85.22 85.37 104.52 125.92 142.67 176.4 176.23 220.30 225.9 259.34 328.17 Private corporate Sector 0.99 2.74 6.57 7.53 7.89 10.63 14.40 10.56 11.28 13.29 16.07 22.48 25.43 27.69 32.57 33.85 Public sector 1.69 4.25 12.53 12.79 13.32 18.07 26.76 33.39 41.B5 41.69 47.51 49.67 46.40 72.77 92.31 79.70 11 Foreign savings -0.21 4.91 3.94 4.75 2.97 3.92 6.53 -1.19 -13.09 -14.6b 1.29 5.91 21.05 26.18 25.73 25.66 III 6ROSS INVESTMENT 9.54 25.44 71.77 79.76 50.66 117.84 131.06 147.29 165.96 12.97 242.09 254.19 313.19 3S2.B3 399.95 467.38 11.111 IV Errors & omissions(a) 1.76 0.39 1.67 4.35 4.60 -4.32 12.03 16.99 10.73 2.51 -12.76 8.09 1.25 9.16 5.27 6.39 V GROSS CAPITAL FORNATION 11.30 25.92 73.44 84.11 85.26 113.52 145.09 164.19 176.69 185.48 229.33 262.28 314.43 36O.Y9 404.22 473.77 t111+IVI VI Change in stocks 1.60 4.27 10.39 13.37 4.60 23.23 35.79 31.70 24.02 14.02 41.09 53.26 62.26 66.26 57.61 67.10 Yll GRlSS FIXED CAPITAL FORMTION 9.70 21.55 63.05 70.74 80.66 90.29 109.30 132.48 152.67 171.46 198.25 209.02 252.17 2S4.73 346.61 406.67 l-V-YII A. By Type of asset Constructien 7.29 13.37 39.55 42.64 47.14 49.30 57.54 72.59 s4.64 99.73 102.65 107.75 128.56 152.45 192.75 227.00 Rachineryl Equipment 2.41 9.19 23.46 29.10 33.53 40.9 51.76 59.90 68.03 72.73 85.60 101.27 123.61 142.29 153.86 179.67 B. By sector Public sKtor 2.24 10.54 23.94 29.02 36.19 40.09 42.72 56.0D 70.48 76.97 93.76 9.74 116.29 145.63 182.33 205.17 Private sector 7.46 11.01 39.11 42.72 44.47 50.20 66.58 76.49 B2.19 94.49 104.49 109.29 135.8 149.10 164.28 201.50 (at 170/71 prices) I 6ROSS INVESTMENT 23.79 45.23 71.77 75.47 70.75 90.72 82.05 94.22 92.49 99.59 122.90 111.35 121.44 119.42 120.71 129.23 II Errors & IGissioas(al 4.39 0.69 1.67 4.12 4.04 -3.33 7.42 9.66 5.98 1.31 -6.47 3.54 0.48 2.76 1.59 1.75 111 GROSS CAPITAL FORMATION 29.18 45.92 73.44 79.59 74.79 87.39 99.47 93.B8 98.47 100.96 116.33 114.99 121.92 122.1B 122.30 129.99 IV Change in stocks 3.34 7.69 10.39 12.73 4.20 16.79 20.91 18.74 13.62 7.81 22.24 24.51 24.64 23.41 19.49 20.84 V 6ROSS FIXED CAPITAL FORMATION 24.94 30.23 63.05 66.96 70.59 70.60 68.56 75.14 84.85 93.15 94.09 90.38 97.29 98.77 102.01 109.14 (=III-IVI A. By Type of Asset Construction 16.30 23.10 39.59 39.75 40.72 37.02 35.70 41.4t 46.50 52.10 49.7? 45.56 47.95 47.95 50.85 51.24 Machinery & Equipment 9.54 15.13 23.46 27.11 29.87 33.58 32.96 33.69 38.35 41.05 44.30 44.82 49.43 50.82 51.96 57.90 B. By Sector (bl Public Sector 5.74 19.71 23.94 26.48 31.67 31.35 26.90 31.76 39.17 41.82 41.86 43.13 44.8b 48.80 54.0B 55.06 Private Sector 19.10 19.53 39.11 40.38 38.92 39.25 41.76 43.39 45.69 51.33 52.23 47.25 52.42 49.97 49.73 54.09 (a) Errors& omissions is the difference beteen the estimate of Gross Investment based on financial flows nd the estioate of total gross capital formation based an physical flows. Ib) The implicit price deflator of total Gross fixed capital formation has been used to estimate the sectoral distribution in all the years. Ic) Qick Estimates. Source: I.CS, National Accounts Statistics.1960/61-1975176, January 1979; 1970/71-1977178, February 1990; 1970/71-1978179,January 1981; 1970/71-1979/80, February 1982; 1970/71-1981/82 January 1984; and press note dated January 23,1985. -19- Table 2.4 IPOSlSILE UDICIE AD ITS USE (Rs. billion at current pricesl 50131 60/61 70171 71M 72173 7m174 74/75 75U1£ 77 77n 73/ 79/o0 80iii 81e1 8W/53 93/5 Gross Dmetic Product at arwket Prices 5.U4 150.11 402.63 43.56 478.65 511.40 695.95 740.94 799.17 695.3 975.60 1071.t2 1274.89 1474.97 1635.76 1957.39 Net Factor Ince frm abroad -0.41 -0.72 -2.94 -2.91 -3.02 -3.25 -2.92 -2.55 -2.33 -2.33 -1.56 1.53 2.98 -0.07 -6.51 -6.81 thber Curreot Trrsfers 0.40 0.25 1.23 1.63 1.54 3.92 2.74 5.25 7.39 10.22 10.42 16.24 22.57 22.21 23.62 25.70 Dspoable Ince 95.63 149.74 401.02 432.28 477.17 5E8.07 £95.78 743.57 505.03 903.72 954.6 I09.39 230.44 1497.23 1652.57 1976.36 Private disposable incee *.35 134.63 350.41 374.92 416.40 519.00 607.59 63.67 691.12 775.37 540.61 929.47 1123.71 1271.58 1390.04 1687.50 Public disposable incom 7.2B 15.11 50.54 57.36 60.77 69.07 U.19 106.90 2I3.91 12B.35 144.05 159.92 171.73 225.53 262.53 299.U Eross Natinmal Savings 9.75 20.63 67.83 74.98 77.69 113.92 126.53 148.46 179.05 197.63 240.61 248.39 292.13 326.65 373.22 441.72 Private savings 5.07 16.38 55.30 62.20 64.37 95.15 99.77 115.07 137.20 15.95 193.00 199.71 245.73 253.55 290.91 362.02 Public savings 3.65 4.25 12.53 12.75 23.32 15.07 26.76 33.39 41.85 41.68 47.81 49.67 46.40 72.77 92.31 79.70 Final Consumption 99.30 130.54 336.39 365.55 391.76 480.33 581.94 603.43 624.72 719.30 776.27 555.72 1029.29 1173." 1294.37 1546.10 Private Consmption 92.70 339.69 299.35 320.97 351.31 429.33 520.41 529.92 542.46 631.63 690.03 745.47 97.B5 1021.23 1104.15 1336.94 Public Consruption 5.60 30.96 3.03 44.53 47.45 51.00 63.43 73.51 92.06 86.67 96.24 110.25 110.33 152.76 350.22 209.16 Statistical Discrepancy -12.42 -1.43 -3.20 -9.25 0.72 -6.19 -12.59 -8.32 1.26 -12.21 -32.42 -14.71 -19.57 -3.53 -5.02 -21.46 (included in private disposable iaconel IRs. billion at 1970/71 pricesl Gross Doestic Produt at Market Prices 1114.42 271.64 402.63 411.96 409.01 423.70 424.37 463.74 471.24 510.17 544.07 515.99 550.99 592.92 599.53 645.43 let Factor Income from abroad -4.67 -1.10 -2.54 -3.23 -3.11 -2.3 -1.22 -4.91 -O.B4 -4.94 -.60 0.42 0.77 -0.02 -1.96 -1.92 ther Current Truasfers 0.65 0.43 1.21 1.75 1.59 1.39 1.15 2.68 2.66 4.12 4.01 4.46 5.3 6.35 6.30 6.59 *isposable Incoe IB4.40 270.97 401.02 410.51 407.49 422.73 424.30 466.71 473.06 513.35 547.48 520.B6 557.59 559.25 604.37 650.50 Final Consuption 155.97 231.26 336.39 349.64 344.09 352.22 354.93 383.52 384.91 423.14 442.12 433.25 474.66 496.89 517.01 561.79 Private Consuption 147.05 212.02 298.39 307.04 300.70 300.80 311.43 334.67 331.94 36.10 393.53 367.06 400.89 417.33 428.05 463.65 Public Conseaptiontl) 9.89 39.24 38.02 42.60 43.39 43.42 43.50 48.85 52.97 55.4 60.59 66.19 73.77 79.56 89.96 98.14 la) tick Estimates. (hi Public cosumption in 1950/51 and 1960/61 at 1970171 prices have been derived by using the implicit price deflatr of private consumption. Sources: 1. SO, National Accounts Statistics, 1948/49 - 1962/63, February 1964; 1970171 - 1977/78, February 1980; 1970/71 - 1981182, Janury 1954; and Press Note dated Jaury 23, 1995. 2. rloId Dan estimates. -20- Table 2.5 (a) 39OSS DMTIC INVESTHE BY INDUSTRY OF USE [at current prices - in Rs billion) Sector 50/51 60/61 70/171 71/72 72173 73/74 74/75 75/76 76/77 77/78 78/79 79/80 8O/5B 811/2 52183 83184 Ibl) c) tc) Primary Sector 2.20 4.56 14.57 16.16 15.57 23.59 23.82 25.66 42.25 45.53 56.57. 55.57 71.17 79.15 n.a n.a Agriculture 2.05 3.95 12.90 13.96 16.49 20.34 19.45 21.19 32.56 36.09 48.28 44.86 55.50 59.21 55.26 70.93 Forestry&Logging 0.02 0.05 0.24 0.27 0.27 0.28 0.30 0.35 0.54 0.62 0.72 0.82 1.09 1.40 n.a n.a Fishing 0.03 0.13 0.43 0.43 0.51 0.67 0.70 0.71 O.97 1.19 1.35 1.22 1.69 1.74 n.a n.a llining&Ouarrying 0.07 0.40 0.12 1.50 1.31 2.30 3.37 6.41 7.85 7.63 6.22 8.97 12.59 16.80 n.a n.a Secondary Sector 1.39 9.21 27.35 29.66 27.36 41.35 59.83 58.39 54.29 69.94 93.03 111.94 123.56 151.24 n.a n.a Mlanufacturing 1.11 7.07 19.76 21.43 19.98 32.27 46.89 41.30 34.88 45.35 66.79 01.52 84.89 104.08 n.a n.a Reqistered 0.95 6.50 14.20 15.01 11.74 21.56 37.31 34.70 24.17 29.31 49.94 67.02 65.45 B6.78 73.06 52.50 Unregistered 0.16 0.57 5.56 6.42 7.24 10.71 9.57 6.60 10.71 16.04 17.05 14.50 19.43 17.30 n.a n.a Construction 0.07 0.92 1.09 1.57 1.48 2.01 2.39 2.40 3.66 5.02 3.69 3.79 6.71 7.bl n.a n.a Electricity, Gas& 0.21 1.22 6.50 6.66 6.90 7.07 9.56 14.69 15.75 19.48 22.55 26.63 32.27 39.55 n.a n.a Mater Supply Tertiary Sector 5.95 11.67 29.85 33.94 34.73 52.90 50.41 60.24 69.42 67.60 92.49 86.38 115.15 137.25 n.j n.a Transport,storage 2.04 3.45 9.14 9.06 11.30 12.14 14.15 15.04 15.05 17.24 20.19 23.42 30.34 36.09 n.a n.a & Comunication Railways 0.60 1.74 2.51 1.04 3.51 3.21 3.50 3.57 3.27 3.92 4.85 6.43 8.56 10.10 10.81 12.15 Other Transport 0.35 1.54 5.07 5.18 6.50 7.76 9.12 9.22 9.45 10.97 12.54 14.03 15.36 20.68 n.a n.a & Storage Communication 0.09 0.17 0.56 0.84 1.29 1.17 1.53 1.95 2.33 2.45 2.80 2.96 3.42 5.31 5.92 6.79 Trade, Hotels and Restaurants 1.10 1.30 6.02 6.90 3.10 11.75 10.62 18.59 18.26 11.26 22.12 14.76 23.79 25.52 n.a n.a Banking&Insurance 0.03 0.10 0.28 0.39 0.34 0.62 0.53 0.M 0.82 0.94 1.23 1.52 2.39 2.97 n. n.a Real EstateSOther Business Services 2.89 3.05 9.68 10.57 10.41 15.68 15.16 14.76 23.04 26.60 31.30 24.28 32.95 39.77 n.a n.a Public Admnafence 0.68 3.07 4.71 5.91 8.03 10.76 9.00 9.16 9.39 7.97 13.44 18.25 22.76 26.47 28.56 34.57 Other Services 0.21 0.67 1.02 1.12 1.55 1.95 1.95 2.05 2.96 3.59 4.21 4.15 5.92 6.43 n. n.a 6ross Domestic Investment lal 9.54 25.44 71.77 79.76 80.66 117.84 133.06 147.29 165.96 1B2.97 242.09 254.19 313.18 367.64 398.95 467.38 (a) The errors & omissions have been distributed among the unorganized industries so that the total corresponds to total Gross Investment in Table 2.3. (b) 1981/82 data presented here are from January 1984 National Accounts Statistics. The 1985 hick Estimates updates total SlCF and other categories as follows: Total 352.83; Agriculture 57.65; Registered Nanufacturing 71.98; Railways 10.1; Communication 5.31; Public Administration & Defense 25.60 and Others 122.19. This revised total SDCF is reported in Table 2.3. Ic) huick Estimates. Sources: CSM. National Accounts Statistics, 1960/61-1974/75, October 1976; 1970171-1977178, February 1980; 1970/71-1981/82, January 1984; and Press Note dated January 23 1955. -21- Table 2.5lbl RMOSS DWIESTIC INESTIEN IBY IIIIISTRY OF U£ (at 1970/11 prices - in lb. billion) Annual copwound Growth Rate (2 p.a) 50/51- 70/71- Sector 50/51 60161 70171 71/72 72/73 73174 74175 75/76 76177 77178 70179 7IBO 80/91 81/S2 82183 03/84 80/91 solel (bh Ic) (cl Primary Sector 5.48 9.56 14.57 15.34 16.30 17.79 15.10 16.32 23.38 24.46 29.46 24.35 27.74 27.22 n.s. n.j. 5.55 6.65 Agriculture 5.09 7.36 12.98 13.23 14.44 15.19 12.30 12.17 18.07 1n.04 24.13 19.63 21.75 20.57 11.01 19.41 4.96 5.30 Forestry & Logging 0.04 0.13 0.24 0.26 0.23 0.21 0.19 0.21 0.30 0.33 0.35 0.34 0.40 0.43 n.a n.a 7.99 5.24 Fishing 0.11 0.37 0.43 0.42 0.46 0.54 0.47 0.40 0.55 0.72 0.73 0.55 0.69 0.60 n.a n.a 4.59 4.84 fining & Quarrying 0.17 0.70 0.92 1.43 1.17 1.95 2.14 3.54 4.46 4.37 3.25 3.83 4.Y0 5.62 n.a n.a 11.96 19.21 Secondary Sector 3.83 15.79 27.35 28.14 24.17 31.95 35.73 33.72 30.77 38.49 48.33 50.24 49.06 53.68 n.a n.a 9.87 6.02 Ranufacturing 3.14 11.83 19.76 20.29 16.60 24.50 27.91 23.53 19.63 24.93 34.80 36.54 33.26 36.75 n.a n.a 8.18 5.34 Registered 2.76 10.65 14.20 14.14 10.31 16.19 22.09 20.08 13.8 16.21 26.00 30.49 25.93 31.07 24.93 25.99 7.75 b.21 Unregistered 0.38 1.18 5.56 6.15 6.29 8.31 5.92 3.45 5.75 8.72 8.90 6.05 7.33 5.60 n.a n.a 10.37 2.80 Construction 0.17 1.90 1.09 1.48 1.30 1.55 1.55 1.43 2.04 2.69 1.91 1.75 2.60 2.64 n.a n.a 9.52 9.06 Electricity, Gas It 0.52 1.98 6.50 6.37 6.27 5.80 6.27 9.76 9.10 10.97 11.62 11.95 13.20 14.29 n.a n.a 11.38 7.34 Mater Supply Tertiary Sector 14.48 20.89 29.85 31.99 30.28 41.08 31.22 34.18 39.34 36.64 46.01 36.76 44.61 44.35 e.a n.a 3.82 4.10 Transport, Storage & 2.49 5.41 8.14 8.45 9.94 9.95 9.22 8.91 8.89 9.94 10.71 10.65 12.63 13.26 n.a n.a 5.58 4.49 Communication Railway 1.40 2.80 2.51 2.91 3.05 2.70 2.37 2.43 2.03 2.38 2.73 3.27 4.15 4.38 3.BS 3.98 3.69 5.16 Other Transport&Storage 0.86 2.33 5.07 4.86 5.64 6.31 5.83 5.28 5.51 6.18 6.53 6.01 7.02 6.92 n.a n.a 7.25 3.31 Communication 0.22 0.29 0.56 0.78 1.I5 0.94 1.02 1.20 1.35 1.38 1.45 1.37 1.46 1.96 1.92 1.97 6.51 10.06 Trade, Hotels and Restaurants 2.72 2.85 6.02 6.63 2.91 6.95 6.33 10.68 10.16 6.24 11.55 6.34 9.04 9.27 n.a n.a 4.08 4.15 Banking I Insurance 0.07 0.19 0.28 0.35 0.30 J.48 0.30 0.38 0.44 0.52 0.63 0.59 0.69 0.77 n.a n.a 7.93 9.44 Real Estate & Other Business Services 7.12 5.83 9.68 9.99 9.03 12.00 9.21 7.82 12.06 13.70 14.49 9.60 11.48 11.52 n.a n.a 1.61 1.72 Public Adma Defence 1.55 5.30 4.71 5.51 6.93 8.16 4.94 5.23 5.19 4.25 6.51 7.78 9.51 8.36 6.98 7.76 5.94 b.09 Other Services 0.54 1.31 1.02 1.06 1.37 1.54 1.22 1.16 1.60 I.99 2.12 1.80 2.29 2.17 n.a n.a 4.93 8.42 Gross omestic 23.79 45.23 71.77 75.47 70.75 90.72 82.05 84.22 92.49 5S.59 122.8 111.4 121.4 125.3 120.7 128.2 5.59 5.40 Investwent [a) (a) See footnote to Table 2.5(a). (b) 1981182 data presented here are froD January 1984 National Accounts Statistics. The 1995 Quick Estimates updates total 8DCF and other categories as follows: Total 119.42; Agriculture 19.87; Registered lanufacturing 25.90; Railways 4.39; Communication 1.96; Public Administration & Defence 8.07; and Others 59.23. This revised total 6DCF is reported in Table 2.3. Swrce: S0, National Accuts Statistics, 1970171-1977/78, Februry 1980; 1970/71-1978179, January 1981; 170/71-1981/82, January 1984 1970/71-1981182, January 1994 and Press Note dated January 23,1985. -22- Table 2.5(c) INVESTNENT DEFLATORS BY INDUSTRY OF USE(1970/71-100) 70/71 71172 72173 73/74 74/75 75176 76/77 77/78 78/79 79/80 80/92 81/92 Primary Sector 100.00 105.35 113.93 132.60 157.75 175.61 180.71 186.14 198.77 229.45 256.56 290.78 Agriculture 100.00 105.52 114.13 133.90 158.13 174.12 181.95 189.55 200.09 228.53 255.17 287.05 Forestry&Logging 100.00 103.85 117.39 133.33 157.89 166.67 180.00 197.98 205.71 241.19 272.50 325.59 Fishing 100.00 102.38 110.97 124.07 148.94 177.50 176.36 165.28 184.93 221.92 244.93 290.00 Mining&Nuarrying 100.00 104.90 111.97 124.32 157.49 181.07 176.68 174.60 191.38 234.20 263.06 298.93 Secondary Sector 100.00 105.40 113.20 129.83 164.65 173.16 176.44 181.45 192.4? 222.81 252.47 201.74 Manufacturing 100.00 105.62 114.34 131.71 167.97 175.52 177.69 181.91 191.93 223.10 255.20 283.21 Registered 100.00 106.15 113.87 133.17 168.90 172.91 174.14 180.81 188.23 219.91 252.41 279.30 Unregistered 100.00 104.39 115.10 128.88 164.43 191.30 186.26 183.94 202.04 239.67 265.08 304.50 Construction 100.00 106.08 113.85 129.68 154.19 167.83 179.41 186.25 193.19 216.57 259.08 280.26 Electricity,Gas& 100.00 104.55 110.05 121.90 152.47 167.59 173.08 179.21 194.06 222.85 244.47 276.77 Mater Supply Tertiary Sector 100.00 106.10 114.70 128.77 161.47 176.24 291.06 184.50 201.02 234.98 264.85 309.47 Transpart,Storage 100.00 107.22 114.84 122.01 153.47 168.80 169.29 173.44 188.52 219.91 240.22 272.17 &Couuunication Railways 100.00 108.19 115.08 118.89 147.68 159.26 161.08 164.71 177.66 196.64 206.27 230.59 Other Transport 100.00 106.58 115.25 122.98 156.43 174.62 171.51 175.89 192.04 233.44 261.54 299.84 & Storage Comunication 100.00 107.69 112.17 124.41 150.00 262.50 172.59 177.54 193.10 216.06 234.25 270.92 Trade,Hotels and 100.00 104.07 110.32 131.28 167.77 174.06 179.72 190.45 191.52 232.81 263.16 308.59 Restaurants Banking&Insurance 100.00 108.57 113.33 129.17 176.67 268.42 186.36 180.77 195.24 257.63 346.38 385.71 Real EstateLcther 100.00 105.81 115.28 130.67 164.60 188.75 191.04 194.16 216.01 252.92 287.02 345.23 Business Services Public Aduin&Defence 100.00 107.26 115.87 131.86 b1.94 175.14 190.92 197.53 206.45 234.58 267.45 316.63 Other Services 100.00 105.66 113.14 126.62 159.84 176.72 178.75 180.40 198.58 230.56 258.52 296.31 Gross Domestic 100.00 105.68 114.01 129.89 162.17 174.89 179.44 183.72 197.14 228.18 257.97 293.41 Investment Source: Statistical Appendix Tables 2.5(a) & 2.5(b). -23- Tible 2.6 GROWTH OF TOTAL AND PER CAPITA NET DONESTIC PROUCT DY STATES (1960/i1 to 1902/83) Net Domestic product at Fictor Cost Per Capita kt Domestic Product at at 19b0/61 prices (Rs bilIloni Factor Cost i*, 1960/61 prices (Rs.) Average Compound Growth Average Compound 6rowth 60/61 82/83 Rate IZ per annum) 60/61 82/83 Rate (Z per annumi (a) (a) Andhra Pradesh 9.83 21.33 3.76 (hb 275 393 1.71 (bi AsSa. 3.36 6.06 2.95 (hb 315 299 -0.25 lbh Bihar 9.93 17.35 2.69 (bh 215 245 0.62 (bh 6ujarat 7.38 16.64 3.77 362 471 1.21 Haryana 2.45 8.26 5.68 327 615 2.92 Himachal Pradesh 1.01 I." 3.37 (ci 314 376 1.20 (ci Jammu & Kashmir 0.95 2.24 4.17 (bh 269 373 1.57 (b) Karnatata 6.92 13.92 3.23 296 362 0.92 Kerala 4.32 9.94 3.53 (b) 259 349 1.42 (b) Rudhya Pradesh 8.32 14.72 2.63 260 274 0.23 Maharashtra 15.97 34.52 3.57 409 535 1.23 Nanipur 0.12 0.37 5.51 lb) 154 253 2.39 (bi Orissa 3.74 8.21 3.82 (bh 216 309 1.72 (b) Punjab 4.04 13.90 5.78 366 807 3.66 Rajasthan 5.59 11.69 3.41 284 327 0.64 -amil Nadu 11.12 17.80 2.27 lb) 334 365 0.42 (bh Tripura 0.28 0.69 4.64 (d) 249 341 1.59 (d) Uttar Pradesh 19.43 33.31 2.73 252 290 0.63 Nest Bengal 13.40 21.73 2.33 (b) 390 394 0.05 (b) Delhi 1.75 4.82 5.20 (b) 785 775 -0.06 (d) ALL-INDIA (el 133.35 277.17 3.55 307 391 1.10 Note: The estimates of net domestic product have been prepared and released by the respective State Statistical Bureaus. The estimates are prepared following, to the extent possible,the standard methodologies recommended by the Morting 6roup on State Income.However,owing to differences in methodology, source material used and the base year for constant price series these estioates are not strictly comparable among the states. la] Converted to 1960/61 prices from 1970/71 prices using implicit price deflator of All India Net domestic product at factor cost. (Ib) Relates to the period 1960/61-1981/82. Ic) Relates to the period 1967/68-1982/83. (dl Relates to the period 1960/61-1980/81. (ei Including States and Union Territories not listed above. Sources:State Statistical Bureaus, for estimates at State level. C.S.a National Accounts Statistics 1970/71-1981/82, January 1984 and Press Note dated January 23,1995 for All India estimates. -24- Table 3.1 BALANCE f PAYNENTS SURER? (Currunt US I Nlilion) Estimates 70M 71172 72/73 73/74 74/75 75/76 76/77 77170 70/79 79190 80181 91/82 82/83 93/94 84/85 EXPORTS(f.o.bi I[] 2047 2160 25!9 323S 4174 4672 5753 6315 6971 7949 9504 9519 1290 9355 9724 IHPDRTSIc.i.fl 1.1 -2179 -2451 -2423 -3793 -5666 -6449 -5929 -7198 -9529 -11313 -1L204 -11301 -14290 -14040 -14501 TRADE BALANCE -132 -291 135 -554 -1492 -1777 -175 -973 -1541 -3435 -7700 -6782 -6000 -5685 -5777 Non-factor Services Exports 272 292 328 384 579 925 1057 1394 1612 2304 2890 2697 2919 2933 2963 Imports -279 -293 -271 -323 -364 -514 -691 -693 -YI -1262 -1515 -1695 -1994 -16N5 -1965 RESORCE BALANCE -139 -292 192 -493 -1279 -146b 191 -192 -820 -2393 -6335 -5790 -5065 -4737 -4679 Investment Income (net) -244 -280 -294 -259 -199 -216 -162 -S9 2 287 585 350 -302 -664 -795 Current transfers 93 112 96 259 257 470 692 1077 1180 1252 2771 2317 2504 2990 2930 CURRENT ACCOUNT BALANCE -300 -450 4 -594 -1219 -1212 7221 9O6 362 -254 -2179 -3113 -2963 -2521 -2534 GRANTS I1 109 91 205 536 434 441 497 533 707 595 560 514 463 2 70 794 1 LOANS Inet) [bh 1 433 597 967 1318 1036 715 615 600 1156 1424 1707 1975 2325 I.h.F CREDIT Inet) -183 - - 75 522 242 -337 -330 -159 - 1035 690 1980 1295 70 CAPITAL, n.e.i [ci -253 -140 -432 -63 -524 -6b -2S8 416 269 -655 -264 -1994 -080 -381 -21 CHANGE IN RESERVES C- increase) 43 -204 -5 -106 49 -816 -1566 -2049 -1475 -224 345 2399 -5D4 -882 -303 RESERVE LEVELlend yer) B09 1013 1019 1124 1075 1991 3457 5505 6980 7204 6959 4461 4965 5847 6150 Idl Number of Months Ilports Covered by Reserves [el 4 4 5 3 2 3 6 8 9 7 5 3 4 4 5 [a] From 1980/81 onwards, trade data exclude petroleum exports, arising frn a temporary swap arrangement. lbl Includes concessional credits and non-concessional borrowing. lcl lncudes non-resident deposits.exchange rate adjustments in the valuation of reserves and imbalances in bilateral rupee trade. Idl Excluding gold. [el Calculated by comparing the level of reserves a. the end of the year with imports of goods and services during the year. Sources: 1. flinistry of Cmmerce, Departent of Commercial Intelligence and Statistics. 2. Government of India, Economic Survey (various issues). 3. IIF, International Financial Statistics. 4. WIrld Dank estimates. -25- Table 3.2 -1ERODWISE EUDRTS [a] (at current prices-in US$ million) 70171 71172 72173 73174 74175 75176 7677 77175 7M79 79180 8019 81182 52/83 93/84 PRIrARY EIPORTS 791 846 1170 1570 IB2 1798 2124 2041 2469 3001 2730 2547 m.a Agricultural Products 574 601 652 942 1323 1521 1440 1756 1640 1982 2417 2206 2011 n.a Cashews 69 82 89 96 148 111 119 175 98 146 179 209 137 a.a Coffee 34 30 43 SY 64 77 141 227 175 202 273 187 211 n.a Tea 199 210 191 187 286 274 328 665 415 455 551 453 385 n.a Narine Products 42 56 70 115 83 147 2D2 204 276 314 298 320 375 362 Gilcakes 74 54 9 229 120 112 262 156 134 158 225 178 159 148 Sugar 37 41 17 55 425 546 166 23 160 143 51 72 88 204 Spices 52 49 38 71 77 93 84 160 180 185 141 103 96 n.a Rice 7 - - - - 15 - 13 47 159 284 396 207 119 Tobaccro 4 57 79 88 101 108 108 132 135 127 171 217 212 199 HIS 8rououdats - - - - - - - - - - s0 31 37 34 Rai Cotton 19 22 28 42 19 48 30 1 20 93 24 40 104 145 Ores & inerals 219 I0 194 28 247 307 358 368401 47 524 524 536 545 Iram e 153 141 143 IJ1 201 247 267 281 284 353 384 394 406 415 Otber 66 49 51 57 46 60 91 97 117 134 140 130 130 130 lAiFACTIRED EVPRTS 1157 1369 1712 2069 2604 2844 3955 4191 4937 5479 5503 5789 5743 n.a Ctemicals 39 41 46 65 117 99 124 136 180 245 286 424 320 399 Cotton Textiles 100 103 132 251 200 167 2m9 262 263 356 350 330 296 296 Jute anufactures 254 356 324 292 372 290 225 286 203 416 418 288 211 160 Leather 109 135 239 240 207 264 265 318 432 644 354 341 320 355 Engineering Soods Ebl 155 163 185 259 447 477 634 721 854 915 1033 1051 1298 1078 Handicrafts 37 41 54 86 111 120 189 241 296 388 453 403 360 375 Gms & Jewellery 56 69 100 14 129 150 281 653 896 742 814 919 1068 1233 Clothing 40 51 72 128 173 235 37 287 52 573 654 750 654 693 Processed Foods 1 107 123 168 202 221 29I 197 tbwr 1 367 410 560 614 848 1042 1565 1190 1168 1082 939 1062 925 n.a TOTAL HR £ISE EXPORTS 1950 2160 559 3239 4174 4672 57 6315 6978 7948 M55 851 8290 8355 [a] Excluding petroleum exports of USS 259 million in 1981/82, USS 1208 million in 1982/83 and USS 1701 million in 1983184. E[l fue to reclassification, data from 1973n4 onwards are not strictly comparable with data for earlier years. Sources: 1. Ministry of Foreign Trade, Directorate Gneral of Commcial Intelligence and Statistics, NInthiy Statistics of the Foreign Trade of India. 2. Export Promotion Councils. -26- Table 3.3 RANDISE IMPIRTS [a] (at current prices-in U5S millim) 70171 71172 72173 73/74 74/75 75/76 7M77 77r7 78/79 79/BO 80181 81182 82183 83184 Foodgrains 284 176 105 607 9581552 971 143 106 131 127 389 318 580 POL Ea] 181 261 265 719 145D 1417 1581 1811 2044 4046 6658 5553 4614 2993 Crude Petroleu 141 198 188 535 1197 1216 1298 1455 1525 2709 4242 32 3139 2193 Petroleun Products 40 63 77 184 253 201 293 356 519 1337 2416 1632 1475 800 Fertilisers 133 152 I90 295 752 712 315 441 597 639 993 783 422 371 fanutfactared 101 120 159 243 618 610 214 301 452 460 786 571 322 251 Raw 32 32 31 52 134 102 101 140 145 17 205 212 100 122 Iran and Steel 196 319 293 320 531 360 246 307 572 1076 1090 1348 1190 910 Now-ferrous fetals 159 138 142 180 224 116 176 224 302 438 605 445 290 263 Edible Oils 31 38 20 73 1S 16 112 829 649 552 865 700 441 o70 Capital gowds 527 632 691 836 873 1080 1172 1297 1497 1711 2307 2219 2319 2693 Electrical hachinery 94 141 174 167 202 232 189 227 245 294 296 326 258 373 Now-Elect. Macbinery 344 364 387 548 506 666 m 807 922 999 1413 1550 1436 1896 Transport Euipment 89 127 130 122 165 182 191 263 330 419 598 343 624 424 Gems 33 41 54 83 66 97 202 386 583 470 510 693 751 964 Oter imparts 635 694 663 680 797 199 1153 1750 2169 2320 3059 3170 3945 4606 of ukich: Synthetic Fibres 10 6 6 3 3 7 34 224 148 135 122 194 130 99 hemicals 156 172 176 212 296 241 251 406 514 740 741 893 640 944 Precision Equipment 33 32 36 39 43 47 62 105 145 193 223 225 I7 272 TOTAL IMPTS 2179 2451 2423 3793 5666 6449 5928 7188 8519 11383 16204 15301 14290 14040 [a] Net of petroleum ezports. Sources: 1. Ministry of Cmerce, Directorate 6eneral of Commercial Intelligence and Statistics, Monthly Statistics of the Foreign Trade of India. 2. Ministry of Petrlemu, Chemicals and Fertilisers. 3. governmnt of India, Economic Survey, 1914115. -27- Table 3.4 DESTINATION OF EXWRTS (Z distributiwn) 70171 75176 76177 77178 79180 80181 81/82 82183 53184 (a) Africa 8.37 5.64 5.28 5.24 4.42 5.24 4.66 4.20 3.65 Aerica 15.98 14.45 12.3? 13.66 13.I8 12.59 13.27 13.12 17.45 USA 13.51 12.86 11.07 12.53 12.65 11.12 12.09 12.11 16.15 Canada 1.82 1.13 O.96 0.85 O.7 0.93 0.89 0.71 1.06 Others 0.66 0.45 0.36 0.28 0.36 0.54 0.29 0.29 0.24 Asia and Oceania 32.09 38.56 36.37 35.60 37.03 34.92 34.15 34.71 35.07 (a) OPEC 6.42 15.24 13.28 12.43 10.86 11.14 12.36 11.05 10.19 of uhich: Iran 1.74 6.75 2.86 2.16 1.49 1.84 1.65 0.94 1.38 Iraq 0.63 1.59 0.93 0.95 0.95 0.78 1.12 0.73 0.64 Saudi Arabia 0.95 1.49 1.50 2.29 2.41 2.47 2.37 2.90 2.84 Kuwait 1.03 1.17 2.28 2.09 1.92 1.45 1.74 1.64 1.36 lb1 Other Asia and Oceania 25.67 23.32 23.08 23.17 26.17 23.78 21.80 23.66 24.88 Japan 13.25 10.71 10.59 9.36 10.01 8.95 9.07 10.13 9.56 Australia 1.59 1.19 1.28 1.53 1.59 1.37 1.45 1.30 1.10 Others 10.82 11.42 11.21 12.29 14.59 13.46 11.25 12.22 14.22 Eastern Europe 21.04 16.30 14.42 16.04 13.08 22.24 25.95 24.31 18.64 USSR 13.67 10.31 8.83 12.15 9.88 18.35 21.83 19.87 15.12 Others 7.39 5.99 5.59 3.88 3.20 3.89 4.12 4.45 3.52 lestern Europe 18.21 21.13 24.10 25.79 27.12 21.29 19.52 18.80 19.72 of which: Belgium 1.32 1.12 2.24 3.74 2.58 2.16 2.19 2.69 2.40 France 1.17 2.13 3.47 2.70 3.06 2.20 1.95 1.89 1. 81 lIest Bermny 2.10 2.92 4.47 4.52 5.89 5.76 4.62 4.37 4.33 Netherlands 0.91 2.03 3.78 2.54 3.41 2.27 1.45 1.48 2.26 U.K. 11.10 10.42 10.14 9.72 7.99 5.91 5.52 5.83 6.43 Others 2.59 0.89 1.04 1.1B 0.79 0.60 0.46 2.05 2.54 MRAND TOTAL 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 new Item: Total Exports 2047 46721 553 6315 7948 8504 8519 8290 8355 IUS S million) (b) (b) (b) (a) Provisional. (b) Excludes exports of crude petroleun of USi 259 million in 1981I82, US0 1208 Billion in 1982/83, and USS 1701 million in 1983184. Source: Economic Survey 19841S. -28- Table 3.5 ORIGIN OF IWORTS (Z distribution) 70171 75176 76117 7/78 79180 80/81 81182 82/93 93184 (a) Africa 10.35 2.13 4.28 4.65 2.25 1.63 1.57 1.35 2.66 Aerica 35.86 29.47 24.11 18.44 13.63 17.37 14.94 12.89 15.75 USA 27.72 24.41 20.75 12.56 10.13 12.09 10.43 9.55 11.36 Canada 7.17 4.41 2.55 3.01 2.48 2.65 2.27 1.75 2.17 Others 0.97 0.66 0.81 2.87 1.02 2.64 2.23 1.60 2.21 Asia and Oceania 18.31 33.78 39.29 37.49 43.34 46.47 46.37 47.24 41.08 (a) OEC 7.68 1.896 25.46 21.82 25.92 27.77 27.71 27.06 20.63 of rhich: Iran 5.61 9.73 10.01 9.03 6.79 10.66 9.54 5.45 4.96 Iraq 0.19 4.71 5.52 5.50 10.03 5.99 2.97 6.16 5.02 Saudi Arabia 1.48 5.51 6.54 4.10 3.97 4.30 6.10 10.42 6.84 Kuwait 0.34 1.19 1.52 1.14 1.81 2.69 2.04 1.97 1.66 (bi Other Asia and Oceania 10.63 11.92 13.83 15.66 17.51 18.71 18.66 20.18 20.45 Japan 5.11 6.86 5.86 7.10 6.67 5.9 6.51 7.45 9.23 Australia 2.24 1.93 4.91 1.20 1.78 1.35 1.92 1.94 0.92 Others 3.29 _.13 3.05 7.36 9.06 11.39 10.23 10.79 10.30 Eastern Europe 13.46 10.75 9.32 10.34 12.06 10.32 11.07 12.71 12.46 USSR 6.49 5.98 6.23 7.41 9.02 9.07 9.35 10.54 10.52 Others 6.97 4.86 3.09 2.92 3.04 2.25 2.72 2.17 I.9 Nestern Europe 19.50 20.91 18.06 25.10 23.81 20.29 22.48 22.60 24.11 of uhich: Belgium 0.70 1.64 1.13 2.55 2.88 2.36 3.68 4.30 4.26 France 1.31 3.73 2.77 2.63 2.27 2.23 1.96 2.88 1.95 Mest Gerany 6.58 7.03 6.24 9.22 7.05 5.52 6.97 5.59 7.11 Netherlands 1.17 1.21 1.29 1.36 1.59 1.71 2.05 1.78 1.59 U.K. 7.76 5.39 6.64 7.66 7.75 5.82 6.00 6.17 7.25 Others 0.47 22 1.06 0.44 2.67 0.56 0.31 0.33 0.36 GRAND TOTAL 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 emo Item: Total Imports 2179 6449 5928 718 11393 16204 15301 14290 14040 (US 5 million) (a) Provisional. Source: Economic Survey 1994/85. -29- Table 3.6 INVlS[ILES ON tiENT aCCMNT (US I uillian) (a) 70/71 71/72 72m 73/74 74/75 75/76 76M 77/78 78179 79/80 90/91 81152 82U83 MRMss RECEIPTS 445 492 504 622 973 1450 1973 2713 3293 4972 6749 5947 5870 Nan-Factor Services 272 292 325 384 578 825 1057 1384 1612 2304 2880 2697 289 of which: TraRsport 142 150 159 185 271 300 350 328 342 394 459 U4S 423 Travel 37 42 49 73 118 219 318 619 689 1139 1477 1191 1174 Others (b) 92 100 121 126 19l 306 388 437 5H1 771 945 1061 L222 Investent Incoe 65 47 38 54 118 134 209 311 478 796 1083 912 525 Current Transfers(c) 109 153 138 185 277 490 707 1088 1203 1872 2786 2339 2526 EMSS PAYlEJIS 614 652 635 662 699 894 1078 1104 1390 1791 2013 2278 2732 Nn-Factor Services 279 283 271 323 364 514 691 693 891 1262 1515 1695 1884 of which: Transport (d) 105 92 92 138 166 226 277 252 287 313 450 540 725 Travel 24 26 25 22 19 25 43 52 79 109 114 161 192 Others 151 165 154 163 179 262 371 389 525 640 951 994 967 Investment Income 309 327 322 313 316 351 371 400 476 509 483 S62 827 Current Transfers 26 41 41 26 19 20 15 11 23 20 15 21 21 NET RECEIPTS -169 -159 -131 -40 274 566 895 1678 1903 3181 4736 3670 3138 Nan-factor Services -7 9 57 61 214 311 366 691 721 1042 1365 1002 935 of which: Trnsport 38 58 66 47 105 74 73 77 55 81 8 -95 -302 Travel 14 16 24 51 99 194 276 567 610 1030 1363 1030 982 Others -58 -65 -33 -36 11 U 17 47 56 -69 -6 67 255 Investment Income -244 -280 -284 -259 -199 -216 -162 -89 2 287 600 350 -302 Current Transfers 83 112 96 158 257 470 692 1077 1180 IE52 2771 2318 2505 [a) Converted from rupees using annual average IFIF conversion rates shown in the inside front cover. (b) Excludes rupee transactions relating to US counterpart funds. (c) Excludes grant assistance. Id) Excludes freight on iwports paid in foreign exchange, included within the c.i.f value of imports. Sources: 1. Govt of India, Econoic Survey; several issues. 2. Morld Bank estimates. -30- Table 4.1 EXTERNALE DET SWINARY [a] 10 *5 million) 74175 75176 76/77 77178 78179 79/80 90181 81/82 82/83 83/04 I.DEBT OUTSTANDING AND DIS8URSED lb] A.Concessional 9252 10365 11180 12245 13446 14195 14469 15936 15793 16751 IDA 1929 2324 2809 3333 3be 3972 4505 5142 5906 6903 Bilateral Loans 7323 8041 8371 8912 9769 10187 9900 10042 9174 9020 Others - - - - 21 36 64 752 713 748 B.Non-Concessional 1152 1106 1063 1046 1171 1246 1327 1641 2297 -2859 IERO Eci 464 454 436 456 540 647 728 527 1101 1395 Other Official 421 375 332 275 283 264 263 278 243 225 Private Horrowing 267 277 295 295 348 335 336 536 073 1239 C.Tatal[A+B) 10404 11471 12243 13291 14617 15441 15796 17577 1890 19610 II.COMnITrENTS A.toncessional 1897 2866 1164 2145 2501 1906 335b 2727 2056 1645 IDA 721 817 - 824 1554 516 1948 1398 776 572 Bilateral Loans 987 1443 659 907 354 442 916 837 616 43B Grants 152 606 493 400 593 773 421 502 61b 577 Others - - 22 14 - 175 71 - 54 58 B.Non-Concessional 269 231 329 321 296 370 1699 1250 3327 I28 IBRD Ecl 161 100 315 269 275 250 555 740 1113 500 Other Official 57 27 12 - - 67 42 11 110 76 Private Borrowing 51 104 2 52 21 53 1102 499 2104 1052 C.TatalA1+9) 2166 3097 1493 2466 2797 2276 5055 3977 5383 3273 11I.DISBURSEHENTS A.Concessional 1522 2122 1795 1389 1417 1554 2049 1933 211 1989 IDA 400 492 533 333 327 546 652 786 1109 974 Bilateral Loans 917 1094 818 593 589 446 652 420 487 480 Grants 205 536 434 441 487 533 707 595 560 514 Others - - - 22 14 29 38 24 55 21 8.Non-Concessional 127 208 172 273 260 269 515 855 897 1378 IBRD [cl 42 39 76 155 180 149 174 421 288 471 Other Official 12 57 35 27 19 41 56 15 14 118 Private Borrowing 73 112 61 91 61 79 285 422 585 789 C.Totall(+8) 1649 2330 1957 1662 1677 1823 2564 2691 3098 3367 [a] Excludes all transactions with INF. [hb As at the beginning of the period. [ci All IBRD lo ns are treated as non-concessional loans. Sources: 1. Marld Bank Debt Reporting System. 2. Ministry of Finance, Departmnt of Economic Affairs. -31- Table 4.2 DEDT SERYICING SUlUARY [a] (US * million) 74/75 75176 76/77 77/78 76/79 79/80 90/92 81/82 82/E3 83184 I.PRINCIPAL REPAYMENTS A.Co cessional 292 316 309 333 409 470 503 501 520 515 IDA 5 6 9 10 11 13 15 20 26 33 Bilateral Loans 287 310 300 323 399 457 499 481 492 479 Others - - - - - - - - 2 3 B.Non-Concessional 192 187 182 194 194 177 197 173 311 364 IBRD lb] 53 58 57 71 73 68 75 67 75 97 Other Official 69 68 63 60 49 3D 31 21 17 lb Private Borrowing 70 61 62 63 73 71 91 85 219 261 C.Tatal(A+B) 494 503 491 527 603 647 700 674 931 879 II.INTEREST PAYMENTS A.Concessional 177 190 197 222 259 286 272 262 245 254 IDA 16 18 21 25 27 30 35 40 46 59 Bilateral Loans 161 162 176 197 232 256 237 219 196 191 Others - - - - - - - 3 3 4 8.Non-Concessional 75 72 69 69 92 101 113 125 252 374 IBRD lbl 32 33 31 34 53 63 66 71 101 157 Other Official 24 22 19 10 17 16 17 17 15 17 Private Borrowing 19 17 19 17 22 22 30 37 136 200 C.Total(A+B) 252 252 266 291 351 387 395 387 497 629 II1.SERVICE PAYIIETS (1+111 A.Concessional 469 496 506 555 668 756 775 763 765 769 IDA 21 24 30 35 38 43 50 60 72 92 Bilateral Loans 449 472 476 520 630 713 725 700 688 670 Others - - - - - - - 3 5 7 B.Non-Concessional 267 259 251 263 286 278 310 298 563 739 IURD [b] 85 91 80 105 126 131 141 138 276 244 Other Official 93 90 82 70 65 54 40 38 32 33 Private Borrcoing 89 78 81 80 95 93 121 122 355 461 C.7otal (AiD 736 755 757 810 954 1034 1085 1061 1328 1507 [a] Excludes all transactions with INF. lb] All IERD loans are treated as non-concessional loans. Sources: 1. World Bank Debt Reporting System. 2. Ministry of Finance, Department of Economic Affairs. -32- Table 4.3 EXTERNAL RESERVES (IS $ millionl End of the Reserve Reserves Reserves Use of Year Foreign Position excluding including IHF Net (April-Narchl Exchange SDRs in the Fund 6Sad Gold lc] Sold Credit Reserves 1950151 [a] 1809 - - 1l09 247 2056 72 1984 1955/56 Eb] 1620 - 15 1635 247 1882 - 1982 1960/61 391 - - 391 247 638 - 63 575 1965/66 393 - - 393 243 626 215 411 1968/69 526 - - 526 243 769 340 429 1970/71 584 149 76 909 243 1052 - 1052 1971/72 661 269 83 1013 264 127 - 1277 1972173 629 297 92 1018 293 1311 - 1311 1973/74 736 296 92 1124 293 1417 75 1342 1974/75 782 293 - 1075 303 1378 620 758 1975/76 1657 234 - 1891 281 2172 807 1365 1976/bl 3240 217 - 3457 290 3747 471 3276 1977/78 5305 200 - 5505 318 5823 155 5668 1978/79 6421 470 89 69E0 377 7357 - 7357 1979180 6324 662 218 7204 375 7579 - 7579 1980/H1 5950 603 405 6859 370 7228 327 6901 1981/92 3582 473 405 4461 335 4796 964 3832 1982/03 4281 291 393 4965 324 5289 2876 2414 1983/84 5099 230 518 5847 320 6167 4150 2017 End of the Month 1993 March 42B1 291 393 4965 324 5289 2876 2414 June 4765 235 389 5389 321 5710 3169 2542 September 4826 140 385 5351 318 5669 3557 2112 December 4348 II1 510 4968 315 5203 3699 1584 1984 March 5099 230 518 5847 320 6167 4150 2017 June 5114 341 502 5957 310 6267 4193 2074 September 5266 181 486 5933 300 6233 4029 2204 December 5168 331 477 5976 300 6276 3921 2355 [a] At the end of 1950 [b] At the end of 1955 [c] Valued at 35 SDR's per fine troy ounce. Source: 1. IHF, International Financial Statistics. 2. World Bank estimates. -33- a.bl e 5.1 la) PUELIC FINANCE SUJAURY (Rs Dillion at current prices) 71/72 72173 73/74 74/75 75176 76m77 77179 7B/7l 79/80 90/0l 91/82 82/83 83184 I.PU6LIC INVESTMENT 31.b6 36.06 48.14 56.65 76.77 85.13 74.50 96.50 111.17 139.21 174.39 298.93 2:9.00 I la . lb I ----- --- ----- ----- -- --- ---- --- - _-- --___ ----- -__ - ______-- la. Govt Administration 7.21 10.13 13.25 10.1l 12.21 13.06 11.82 1B.21 25.13 30.96 35.43 39.59 47.75 lb. Public Enterprises 24.44 25.93 34.89 45.94 64.56 72.07 62.68 79.29 93.04 108.25 138.96 259.34 171.25 Fixed Investment 19.60 25.01 27.60 32.77 44.87 56.94 62.35 63.67 75.03 95.76 108.29 139.36 155.38 Change in Stacks 4.94 0.92 7.29 13.07 19.69 15.13 1.33 14.62 18.01 22.49 30.67 19.99 15.87 II.PUDLIC SAYIN5S 12.71 13.33 19.07 26.76 33.39 41.85 41.68 47.81 49.67 46.40 72.77 92.31 79.70 Illa - IlbI ----- ----- ----- ----- ---- ----- ----- --- lHa. Public Current Income 72.45 80.84 90.70 116.08 137.39 161.47 170.9 196.96 222.97 248.97 310.30 369.69 423.57 Tax Revenue 57.90 66.45 75.29 94.93 114.77 127.02 135.67 157.92 180.96 203.18 245.46 270.33 324.09 Direct 12.75 14.70 16.53 19.68 26.43 27.76 28.78 30.57 33.97 35.74 44.60 46.41 54.33 Indirect 45.15 51.75 58.76 75.15 88.34 99.26 106.09 127.35 147.09 167.44 200.86 229.92 269.75 Pub.Enterp.Surplus [a] '.11 5.92 10.78 16.11 16.61 25.44 25.93 28.35 30.57 31.92 49.54 69.62 79.26 Interest Receipts 2.73 3.01 3.13 3.19 4.04 6.55 6.Y1 7.77 6.62 10.74 11.39 16.90 16.02 Miscellaneous Receipts 2.71 1.46 1.50 1.96 1.97 2.46 2.39 2.82 2.82 3.03 3.91 4.94 5.21 Ilb. Public Current Expenditure 59.67 67.51 72.63 89.32 104.00 119.62 129.22 149.05 27;.30 202.47 237.53 257.30 343.87 Consumption Expenditure 44.50 47.45 52.00 61.43 73.51 82.06 96.67 96.24 110.41 130.33 152.76 190.22 209.16 Wages Dill 26.61 28.94 32.69 40.96 46.81 51.30 55.38 61.37 68.55 81.56 33.82 112.54 132.59 Center 9.32 9.94 10.95 15.83 17.90 17.86 18.62 19.83 21.37 2t.53 27.94 32.33 38.62 States 17.29 19.00 21.74 25.13 28.91 33.44 36.76 41.54 47.10 57.03 65.80 80.21 93.Y7 a & n [tt 17.97 19.51 10.31 20.47 26.70 30.76 31.29 34.87 41.86 48.77 58.94 67.69 76.57 Center 11.00 11.51 11.11 12.49 16.19 18.26 19.02 20.76 25.10 27.16 33.05 38.34 44.30 States 6.97 7.00 7.20 7.9 10.51 12.50 12.27 14.11 16.76 21.61 25.89 29.34 32.27 Subsidies 4.22 5.51 7.09 11.83 11.20 13.93 17.72 22.01 25.20 28.39 31.72 38.09 46.56 Center 1.90 2.84 4.34 9.99 7.93 10.27 12.94 16.02 18.39 19.12 19.46 23.04 28.91 States 2.32 2.67 2.74 2.84 3.27 3.66 4.78 5.99 6.82 9.27 12.26 15.05 17.65 Interest Payeents 2.69 3.47 4.77 3.40 4.91 6.01 6.Y7 9.34 10.08 14.90 10.73 27.04 38 92 Current Transfers 8.18 11.09 9.79 12.66 14.30 17.62 17.86 21.46 27.61 28.95 34.32 42.03 49.23 1II.Public Investment-Savings 6AP 18.07 22.73 30.07 29.89 43.39 43.28 32.82 48.69 68.50 Y.81 101.62 116.62 139.30 financed by: External Resources 4.53 4.18 6.31 9.92 15.51 12.47 8.42 8.15 9.76 15.40 1.X03 l2.83 23.96 Domestic Resources 14.34 19.55 23.75 19.98t 27.97 30.91 24.41 40.55 50.74 77.41 83.59 94.79 115.34 of which: Dank Credit to 6ovt 11.70 13.51 9.63 10.60 6.30 11.75 29.23 22.03 40.84 57.04 49.15 47.49 53.95 Concl.8ants 3.00 5.25 1.99 3.? 8.27 3.37 20.41 4.31 10.95 16.66 9.10 22.41 13.98 R.B.1 8.70 9.26 7.64 6.61 -1.97 8.38 -1.19 17.72 29.89 40.38 39.97 25.08 39.87 MMo ITEM: 6Wep 433.56 470.65 589.40 695.95 740.84 799.97 895.83 975.80 1071.62 1274.819 1474.97 1635.76 1957.39 Note: Central Government consumption expenses from 1990/81 onu:rds are estimates based on information from Economic Classification of the Central udget. [a] Includes departmental and non-departentaIl enterprises, retained profits as well as income transferred to the government. Ib] Operation and Maintenance is the expenditure on commodities and services. Sources:CSO, Transactions of ibe Public Sector.1960/61-1979/80; National kcour.ts Statistics, January 1984 and Press Note dated January 23,1985. -34- Table 5.11bl PUILIC FItE SWIHARA (percentage of 6DP) 71/72 72/73 73/74 74175 75176 76/77 7717V 78/79 791Y0 80181 821/2 821B3 831B4 __ ___ ___ ___ ___ ___ __ - - - - - - - - - _ _ _ _ _ _ _ ----------- -_ - - - - - -- - - __ __ _ ----------------- I.PIILIC INIESTNErT 7.30 7.53 8.17 8.14 10.36 10.14 9.32 9.89 11.03 10.92 11.92 12.16 12.19 I la + lb I ---- ---- ---- ---- ---- ---- ---- -__ ----- ----- la. Govt Administration 1.66 2.12 2.25 1.55 2.65 1.63 1.32 1.87 2.34 2.43 2.40 2.42 2.44 lb. Public Enterprises 5.64 5.42 5.92 6.59 8.71 9.01 7.00 8.02 9.68 9.49 9.42 9.74 8.75 Fixed Investment 4.52 5.23 4.68 4.71 6.06 7.12 6.85 6.52 7.00 6.73 7.34 9.52 7.94 Change in Stocks 1.12 0.19 1.24 1.99 2.66 1.99 0.15 1.50 1.68 1.76 2.08 1.22 0.81 ll.PUbLIC SAVINGS 2.95 2.79 3.07 3.94 4.51 5.23 4.65 4.90 4.63 3.64 4.93 5.03 4.07 (Ila - llbi ---- ---- ---- ---- ---- ---- ---- -___ ___ ---- ____ --- Ila. Public Current Income 16.71 16.89 15.39 16.69 18.55 20.19B 19.0 20.17 20.81 19.52 21.04 22.60 21.64 Tax Revenue 13.35 13.89 12.77 13.63 15.49 15.89 15.14 16.19 16.09 15.94 16.64 17.02 16.56 Direct 2.94 3.07 2.B0 2.93 3.57 3.47 3.21 3.13 3.16 2.80 3.02 2.96 2.79 Indirect 10.41 10.81 9.97 10.90 11.92 12.43 11.93 13.05 13.73 13.13 13.62 14.06 13.79 Pub.Enterp.Surplus 2.10 2.07 1.83 2.31 2.24 3.18 2.89 2.90 2.95 2.50 3.36 4.26 4.00 Interest Receipt 0.63 0.63 0.53 0.46 0.55 0.82 0.77 0.90 0.80 0.94 0.77 1.03 0.82 Miscellaneous Receipts 0.63 0.31 0.25 0.29 0.27 0.31 0.27 0.29 0.26 0.24 0.27 0.30 0.27 Jlb. Public Current Expenditure 13.76 14.10 12.32 12.83 14.04 14.95 14.42 15.27 16.17 15.89 16.10 17.57 17.57 Consumptiwn Expenditure 20.28 9.91 8.65 8.83 9.92 10.26 9.67 9.96 10.30 10.22 10.36 11.02 10.69 Wages Bill 6.14 6.05 5.55 5.99 6.32 6.41 6.19 6.29 6.40 6.40 6.36 6.99 6.77 Center 2.15 2.08 2.86 2.27 2.42 2.23 2.08 2.03 1.99 1.92 1.89 1.99 1.97 States 3.99 3.97 3.69 3.61 3.90 4.12 4.10 4.26 4.40 4.47 4.47 4.90 4.90 a 1 r 4.14 3.87 3.11 2.94 3.60 3.95 3.49 3.57 3.91 3.83 4.00 4.14 3.91 Center 2.54 2.40 1.89 1.79 2.19 2.29 2.12 2.13 2.34 2.13 2.24 2.34 2.26 States 1.61 1.46 1.22 1.15 1.42 1.56 1.37 1.45 1.56 1.70 1.76 1.79 1.6! Subsidies 0.97 1.15 1.20 1.70 1.51 1.74 1.99 2.26 2.35 2.23 2.15 2.33 2.39 Center 0.44 0.59 0.74 1.29 1.07 1.28 1.44 1.64 1.72 1.50 1.32 1.41 1.48 States 0.54 0.56 0.46 0.41 0.44 0.46 0.53 0.61 0.64 0.73 0.83 0.92 0.90 Interest Paysents 0.62 0.72 0.81 0.49 0.66 0.75 0.79 0.96 O.94 1.17 1.27 1.65 1.99 Current Transfers 1.89 2.31 1.66 1.92 1.94 2.20 2.99 2.20 2.58 2.26 2.33 2.57 2.52 lI1.Public Investment-Savings SAP '.35 4.75 5.10 4.30 5.86 5.41 3.66 4.99 6.39 7.29 6.89 7.13 7.12 financed by: External Resources 1.04 0.87 1.07 1.42 2.09 1.56 0.94 0.94 O.91 1.21 1.22 1.33 1.22 Domestic Resources 3.31 3.9B 4.03 2.87 3.76 3.B5 2.72 4.16 5.48 6.07 5.67 5.90 5.89 of which: lank Credit to 6ovt. 2.70 2.82 1.63 1.52 0.95 1.47 2.15 2.26 3.91 4.47 3.33 2.90 2.75 CoaKcl.lanks 0.69 1.10 0.34 0.57 1.12 0.42 2.28 0.44 1.02 1.31 0.62 1.37 0.71 R.D.l 2.01 1.73 1.30 0.95 -0.27 1.05 -0.13 1.92 2.79 3.17 2.71 1.53 2.04 Gross Domestic ProductImp) 100.00 100.00 100.W0 100.00 100.00 100.00 100.00 100.00 100.00 100.00 300-00 100-00 100-00 Note: See footnotes to Table 5.11al. Source: Statistical Appendix Table 5.1(a1. -35- TABLE 5.2 CUSOLIDATED FINANCES OF CEMNTRL L STATE 6OYERNHENTSIaI (in Rs billion) 60/61 65/66 70/71 71/ 72173 73/74 74/75 75176 76M 77/78 70179 79/90 80181 81/9r 02)93 93194 84/95 Revised Budget Est. Est. REVEIUE RECEIPTS 17.73 37.04 58.63 69.01 77.97 87.W9 110.48 136.87 152.59 164.35 187.75 212.11 238.35 289.81 330.86 378.54 423.72 Tax Revenue 13.50 29.22 47.52 55.73 64.36 73.99 92.23 111.82 123.30 132.39 155.29 176.82 199.43 241.44 272.40 316.85 353.33 Direct Taxes 4.02 7.34 20.09 11.71 13.46 15.52 18.34 24.93 25.95 26.90 28.51 30.96 32.68 41.33 44.92 49.24 5Y.70 Indirect Tames 9.48 21.88 37.43 44.02 50.90 58.37 73.89 86.89 97.45 105.59 126.75 145.86 165.76 200.11 227.48 267.51 303.63 flen-Tax Revenue 4.23 7.82 11.11 13.28 13.61 14.00 19.25 25.05 29.29 31.97 32.46 35.29 39.92 47.37 58.46 61.69 70.39 REVENUE E!PENDITI1tES 16.98 34.18 57.17 69.91 79.48 96.70 Y9.92 119.47 138.63 149.86 173.48 203.57 237.11 278.64 334.51 397.12 429.03 luN-Developmental 10.07 20.79 33.80 42.39 46.41 51.31 57.44 68.57 78.39 80.63 90.74 206.90 123.06 145.44 176.13 210.81 219.53 Developental 6.91 13.39 23.37 27.53 32.07 35.39 41.39 49.90 60.25 69.23 82.74 96.67 114.05 133.20 159.38 186.31 209.50 CAPITAL EXPENDITUlRES 9.76 20.46 21.28 23.72 25.87 28.03 41.74 54.59 59.51 61.34 74.01 82.59 111.34 117.78 126.47 149.66 164.77 on-Developmewtal 1.47 2.43 3.40 2.51 1.50 2.24 2.50 4.78 3.59 2.61 5.13 2.89 9.25 4.Y9 7.29 13.39 10.80 Dkvelopmtal 5.70 10.49 12.01 15.74 16.40 17.67 25.42 31.92 32.27 38.74 42.40 48.78 63.11 74.72 79.56 92.74 98.90 Loans I Advances(netl 2.59 7.54 5.87 5.47 7.97 8.12 13.92 17.88 23.65 19.Y9 26.48 30.91 39.98 38.07 39.62 43.53 55.07 CAPITAL RECEIPTS 7.52 13.62 16.23 17.52 17.90 19.09 23.54 38.24 42.15 49.23 43.72 43.31 75.60 82.43 106.63 144.03 145.69 Market Borrowingsanet) 1.38 2.24 2.60 4.08 6.23 6.29 7.00 7.32 10.40 13.87 18.57 21.47 28.00 32.72 41.97 45.87 49.21 Small Savingsqnetl 1.04 1.51 1.84 2.24 3.73 4.74 2.77 3.93 4.13 5.45 8.47 11.05 11.21 13." 17.73 22.00 24.00 Other 5.10 9.87 1 2.7 11.20 7.94 . .0S 13.77 26.99 27.62 29.91 16.68 10.79 36.39 35.72 47.03 76.16 72.49 OVERALL SURPLUS/DEFICIT -1.49 -3.99 -3.59 -7.10 -9.48 -7.75 -6.54 2.06 -3.40 2.38 -16.02 -30.73 -34.50 -25.19 -23.49 -24.21 -23.39 Fi nancing Treasury Bills -0.78 2.58 4.00 2.96 9.06 5.33 6.41 3.82 0.63 .2.57 -10.68 25.50 31.54 12.49 52.27 -22.82 17.73 Dthsrs 2.27 1.10 -0.41 4.24 -0.59 2.42 0.13 -5.88 2.77 -24.Y5 26.70 5.23 2.96 12.70 -28.78 47.03 5.66 fat Centre-State transfers have been netted out. In those cases Were the amnt of the transfers differs as between Centre and State accounts, the amount registered in the Central account has been used. Due to changes in budgetary classification, the data from 1975/76 onwards are not exactly comparable to those for previous years. Source: Ilinistry of Finance. -36- Table 5.3 CENTRAL SOVErMNENT FINANCES (a) (in Rs billioni 60/62 65/66 70171 71/72 72173 73/74 74/75 75/76 76/77 77/70 78/79 79/80 90181 B1/92 02103 W33/4 B415 Revised Budget Est. Est. REVENUE RECEIPTS 10.03 23.39 33.16 39.96 45.45 50.32 64.78 79.58 8.18 95.92 110.03 110.61 124.54 151.40 175.07 '01.67 231.26 Tax Revenue IbI 7.30 17.05 24.51 29.29 34.43 39.00 50.97 bO.10 65.00 70.61 95.67 95.67 93.87 115.74 130.55 156.57 175.13 Direct Taxes 2.02 4.69 5.04 5.77 7.39 0.36 11.28 14.63 16.66 17.21 18.11 19.42 19.93 27.52 29.91 33.39 34.27 Indirect Taxes 5.29 13.17 19.47 23.51 27.05 30.63 39.68 45.47 49.15 53.40 67.58 66.26 74.05 00.21 100.64 123.19 140.06 Non-Tax Revenue 2.73 5.54 9.65 10.69 11.02 11.32 13.01 19.48 20.39 25.31 24.36 24.94 30.97 35.66 44.52 45.20 56.13 Interest Payments 0.59 1.52 2.59 2.96 3.02 4.17 3.74 4.57 3.90 5.96 6.01 4.99 9.09 9.08 10.29 12.55 15.91 from states REVEN'JE EIPENDITURES 9.53 20.19 31.53 40.96 45.28 47.96 57.14 70.71 93.20 91.62 107.11 117.55 132.61 154.33 197.61 225.42 254.63 Non-Developmntal(cl 6.15 14.15 20.96 26.76 29.57 31.96 39.94 47.11 53.06 54.94 61.61 70.79 92.47 96.06 113.92 137.29 143.26 Developmental [c) 1.25 2.54 4.50 5.21 6.12 6.14 7.7C *10.71 13.92 17.06 19.16 22.6! 23.17 29.73 37.34 42.99 50.N0 Brants to Statesld) 2.13 3.50 6.27 9.99 9.59 9.96 10.60 12.09 16.22 19.62 26.34 24.11 27.97 29.54 36.35 45.15 60.47 CAPITAL EIPENIDITURES 7.70 16.62 15.72 16.27 21.22 20.59 30.69 39.16 40.90 41.09 54.46 56.99 01.10 93.74 95.12 114.12 122.89 Non-Developmental 1.30 2.37 3.50 2.71 2.20 3.05 2.19 4.65 3.03 2.61 5.14 2.89 9.23 4.93 7.26 13.29 10.52 Developmental 2.66 5.00 6.22 9.69 7.42 7.39 14.11 17.85 15.47 19.81 19.03 21.50 10.60 39.06 41.33 49.12 52.53 Loans&Advances(net) 3.02 9.25 6.10 4.07 11.60 10.14 14.38 16.66 22.30 19.67 30.29 32.59 41.27 40.75 46.53 51.71 59.84 CAPITAL RECEIPTS 6.03 11.40 11.04 12.93 12.43 12.22 16.80 32.19 34.45 40.00 32.32 35.47 63.11 72.75 91.21 120.72 128.53 flt Borrouings(net) 0.72 1.24 1.44 2.94 4.97 4.64 4.91 4.56 9.45 11.65 16.53 19.51 25.79 29.13 37.71 40.00 41.00 Small Sangs (net) 1.04 1.51 1.94 2.24 3.74 4.74 2.77 3.93 4.13 5.45 0.47 11.05 11.21 13.99 17.73 22.00 24.00 Other 4.27 9.65 9.56 7.65 3.02 2.94 9.22 23.70 21.97 22.70 7.32 4.91 26.11 29.63 35.67 59.92 63.53 OVERALL SURPLUStDEFICITle) -1.25 -2.02 -2.25 -4.44 -9.62 fr.00 -6.24 1.90 -3.37 3.21 -19.2 -29.45 -25.76 -13.92 -16.55 -16.95 -17.73 Finanting Treasury Bills -0.79 2.98 4.00 2.96 9.06 5.33 6.41 3.92 0.63 22.57 -10.68 25.50 31.54 12.48 52.27 -22.92 17.73 RBI Long Term Support 2.03 0.67 -0.65 -0.20 -0.04 2.32 -0.37 -1.93 -1.94 -0.79 0.25 3.65 - - - - - Decrease in Cash lalances 0.25 -0.45 -0.74 1.74 -0.75 -1.21 -0.92 -4.90 4.72 -25.46 25.12 -1.79 -1.79 4.70 -37.60 39.77 n.a. Changes in Treasury Bills boiding by States -0.25 -1.08 -0.35 0.12 0.35 -0.44 1.02 2.01 -0.04 0.47 4.47 1.09 -3.99 -3.26 1.00 n.a. n.a. la) Due to changes in budgetary classification, the data from 1975/76 onwards are not exactly comparable to those for previous years. [bh Excluding the States'share in Central taxes. Ic) Excluding all developmental and non-developmental expenditures financed through grants to the States. (dl Derived by comparing revenue expenditure in the Central, State and consolidated accounts. Iel Excludes boot adjustments of Rs 4.21 billion in 1972/73, Rs 5.55 billion in 1970/79. Rs 17.44 billion in 19821/3 and Rs 4.00 billion En 1993/4 on account of Center's assistance to States for clearing their overdrafts. Source: Mfinistry of Finance. -37- Table 5.4 STATE IOVERENIET FINANCES (a1 fin Ns billion) 60/61 65166 70/71 71/72 72/73 73174 74/75 75/76 76/77 77/70 781/79 79/0 90/1 R11112 D2103 03/84 4/115 Revised Budget Est. Est. EVENUE RECEIPTS 10.41 18.67 34.22 40.99 45.91 51.59 60.04 74.75 56.52 94.01 110.09 130.60 150.36 175.04 202.43 234.55 258.74 Tax Revenue t.20 11.37 23.01 26.45 29.93 34.89 41.26 51.72 57.50 61.77 69.62 91.15 104.56 125.70 141.85 260.29 178.20 Direct Taxes 2.03 2.66 5.05 5.92 6.00 7.11 7.06 10.29 9.19 9.59 10.40 11.54 12.55 13.B2 15.01 16.13 17.31 Indirect Taxes 4.17 8.71 17.9b 20.53 23.85 27.79 34.20 41.43 48.31 52.10 59.22 79.61 91.71 111.88 126.84 144.1 160.90 Non-Tax ReVMue 2.08 3.80 5.04 5.55 6.39 6.84 8.18 10.14 12.60 12.62 14.12 15.34 17.03 20.80 24.23 29.15 20.07 6rants from Centre (bI 2.13 3.50 b.17 8.99 9.59 9.86 10.60 12.89 16.22 19.62 26.34 24.11 27.97 28.54 36.35 45.15 60.47 REENUE EXPENDITURES 10.16 19.01 34.40 40.YQ 46.62 52.77 56.02 65.22 75.55 83.01 99.73 115.12 141.36 161.93 193.54 229.40 249.68 on-Develop.ental 3.92 6.64 12.94 15.62 L6.84 19.35 19.60 21.46 25.32 25.68 29.14 36.12 41.59 49.30 62.21 73.53 75.27 Developmental 5.66 10.55 18.87 22.32 25.95 29.25 33.61 39.19 46.33 52.17 63.55 74.01 90.89 103.47 121.04 143.32 156.60 Interest Paymnts to Centre Icl 0.56 1.52 2.59 2.96 3.82 4.17 3.74 4.57 3.90 5.96 6.01 4.99 8.99 9.08 10.29 12.55 15.81 CAPITAL EXPENDITURES 4.52 9.82 9.06 20.77 13.27 13.53 16.92 20.91 26.96 31.00 38.33 44.78 52.53 56.00 59.99 67.75 70.23 Hon-Developmental 0.17 0.06 -0.09 -0.20 -0.13 -0.10 0.32 0.14 0.57 -0.01 -0.02 0.00 0.02 0.06 0.03 0.17 0.29 evelopmental 3.04 5.49 5.09 7.05 8.69 9.93 11.30 14.06 16.80 19.94 23.37 27.28 32.51 36.66 38.23 43.55 46.37 Loans & Advances(netl 1.31 4.27 3.26 3.92 4.71 3.70 5.30 6.71 Y.59 12.07 14.97 17.50 20.00 19.25 21.63 24.03 23.D7 CAPITAL RECEIPTS 4.03 8.20 7.90 0.02 14.11 12.96 12.60 11.54 15.96 I9.97 30.18 27.02 34.79 31.62 44.06 55.31 55.52 barket Borroeings(netl 0.67 1.00 1.16 1.14 1.37 1.65 2.19 2.76 1.96 2.02 2.04 1.95 2.21 3.59 4.17 5.86 8.22 LoaI s fro Crtrelnet) Idl 2.32 5.50 3.77 4.01 9.59 6.34 5.83 5.52 7.57 11.64 18.65 19.23 22.06 22.06 28.33 28.79 30.08 Mther 1.04 1.70 2.97 2.87 4.25 4.97 4.58 3.26 6.43 6.31 9.49 5.54 10.52 5.97 11.56 20.66 17.22 OVERALL SURPLUSIDEFICIT (dl -0.24 -1.96 -1.34 -2.66 0.14 -1.75 -0.30 0.16 -0.03 -0.93 3.20 -2.28 -8.74 -11.27 -6.94 -7.26 -5.65 Financing Net RBI credit -0.01 0.98 0.9" 2.78 0.21 1.31 1.32 0.95 -0.01 1.30 1.27 3.37 4.75 8.02 09.2 7.26 5.65 Changes in Treasury Dill Holdings 0.25 1.08 0.36 -0.12 -0.35 0.44 -1.0 -1.01 0.04 -0.47 -4.47 -1.09 3.99 3.26 -1.89 n.a. n.a. lal Due to changes in budgetary classification, the data from 1975/76 onwards are not exactly comparable to those for preVLous years. Ibi As in Table 5.2. Icl As recorded in Central Government accounts. Id) Excludes book adjusteents of Rs 4.21 billion in 1972/73 and Rs 5.55 billion in 1978/79 Rs 17.44 billion in 1902/53 and Rs 0.40 billion in 1983184 on account of Center's assistance to States for clearing their overdrafts. Sotrce: Ministry of Finance. -38- Table 5.5 TAX REVENUJE - CENTRE AND STATES la) fin Rs billion) 60/hi 65/66 70171 71/712 72173 73/74 74/75 75/76 76/77 77178 70/79 79/I0 N0/I1 81/82 12193 83/84 84185 Reviseid Budget Eat. Eat. TAX REVERIE - CENTRE Income Tax 1.69 2.72 4.73 5.37 6.225 7.41 8.74 121.14 11.94 10.02. 21.77 13.40 15.06 14.76 15.70 16.70 27.46 Corporation Tax 1.20 3.05 3.71 4.72 5.55 5.03 7.09 9.62 9.84 12.21 12.521 13.92 13.11 39.70 211.94 2.-65 25.60 Customs Duties 2.70 5.39 5.24 6.96 0.t-7 9.96 13.33 14.19 15.54 19.24 214.24 29.24 34.09 43.00 51.29 50.79 72.03 of which: Export Duties 0.13 0.02 0.63 0.712 0.90 0.95 0.91 0.83 1.29 2.29 1.41 1.20 1.10 0.61 0.60 0.79 0.04 Union Excise Duties 4.26 9.98 17.59 20.61 23.24 26.02 32.31 38.43 42.21 44.48533.67 60.11 65.00 74.22 90.39 101.25 109.66 Other 0.30 0.4' 0.79 1.D7 1.41 1.48 1.75 21.69 3.17 3.64 3.03 3.06 4.32' 6.61 7.63 6.64l 7.80 A. Sub-total 8.95 20 .61 32.96 38.73 45.05 30.70 63.22 76.09 62.70 55.59 205.25 119.77 13128l 159.40 176.9!, 299.03 :31.6:3 Less: States' Share al Income Tax 0..07 1.?3 3.59 4.h: 4.99 5.28 1.12 7.34 3.52 6.'5 7.Q', 8. IX ) 10.2 1:.3 :.': 21.67 Exccise Duties 0.73 1.4h X!90 4.73 5.6' 6.32 7.0l7 B 55 10.26 :!.' 12.47 :5. .,77 72.40 3)4.92 0. 5` £1. 47 Other (1.03 0.07 (. A6 0.05 s. c? 0.11 0.20 0. 00 0l.10 0. '' '' O.W. 0.122 0.17 0.16 0.27 0.16 D.Tax Revenue Retained by Centre 7.30 17.95 24.51 :q: 74.41 39.i'0 30.97 60.10 e5.80 70.61 55.61 03.67 93.57 215.74 130.53 156.57 175.13 TAI REVENUE - STCES Sales Tax 1.59 3.6! 7.38 8.30 9.52 12.36 15.27 19.05 212.30 :.3.76 217.39 31.70 35.53 40.59 34.4! 61.95 70.53 State Excise Duties 0.53 0.99 1.96 2.37 21.83 3.58 3.93 4.42 3.11 3.77 3.92 7.03 5.35 11.29 13.36 16.10 17.37 Stamps I Registrationi 0.44 0.90 1.28 1.37 2.45 1.731 2.06 24.10 2.33 2.80 3.35 3.69 4.27 5.27 5.92 6.43 7.03 Land Revenue Tax 0.97 2.20 2.21 1.02, 0.94 2.39 1.621 2.34 1.87 1.70 21.02 1.65 1.57 2.210 2.26 21.56 2.95 Rotor Vehiclo Tax 0.34 0.60 1.10 1.10 1.321 2.49 1.77 2. 05 2.40 2.60 2. 95 3.75 4.19 4.57 5.34 6.52' 7.54 Other 0.68 1.33 2.33 2.78 3.235 3.44 4.36 5.69 6.59 7.00 9.421 9.215 9.72 11.06 13.96 14.216 16.30 C. Sub-Total 4.53 8.61 23.46 17.02 19.31 213.19 29.01 35.73 40.60 43.79 50.04 57.09 66.65 92.96 95.45 107.02 1211.70 Add: States' Share of Central Taxes: 1.65 24.76 7.55 9.45 10.62 11.70 12.23 13.99 16i.90 17.95 19.30 34.06 37.91 421.74 46.40 321.46 36.50 D. Tax Revenue Retained by States 6.20 11.37 23.01 26.45 29.93 34.89 41.26 51.721 37.30 61.77 69.621 91.13 204.36 2215.10 141.B3 260.218 170.2.0 TOTAL - CENTRE I STATESIBD.D 13.50 29.221 47.52 55.73 64.36 73.89 92.23 212.82 123.30 1321.30 153.219 276.02 195.43 241.44 2721.40 316.95 353.33 Cal Due to change in budgetary classification, the data from 1975/76 onwards are not exactly comparable comparable to those for previous years. Source; Mlinistry of FinanCe. -39- Table 5.6 CMEMR EVIPEDTlU - BY ENE AND STATEB f a) (in Rs billion) 601n1 65/66 701l71 ur nm73 73/74 74175 75/76 7617 77r78 7817 79190 aiai 811e2 82/83 83/94 84185 Revised Budget Est. Est. CENTRA EOVEW A Nur-Develapmetal 6.15 14.15 20.96& 26.76 29.57 31.96 38.84 47.11 53.06 54.94 61.61 70.78 81.47 96.06 113.92 137.28 143.26 a. Tax Collection 0.23 0.30 0.49 0.52 - 0.57 0.65 0.95 1.12 1.19 1.19 1.29 1.22 1.42 1.55 1.98 2.25 2.44 b. AdmaServices 0.63 1. 13 2l.08 2.63 21.79 2.90 3.6 4.50 4.61 4.64 5.04 5. 57 6. 43 7.33 IL40 9.53 10.53 c. Defense 2.48 7.62 ID.51 13.47 14.39 14.55 19.20 22.51 23.47 23.86 26.14 30.94 35.40 41.67 48.92 57.54 60.76 d. Intterest payments 1.93 3.71 6.06 6.70 7. 721 8.2 £?0.01 12.29 13.74 15.21 19.29 22.10 26.04 31.95 39.38 48.50 56.00 e. Other 0.99 1.39 1.73 3.44 4.10 4.74 5.16 6.70 10.05 10.04 10.95 10.95 12.19 13.53 15.44 19.46 13.53 B Developmental 1.25 2.54 4.50 5.21 6.12 6.14 7.70 10.71 13.92, 17.06 19.1I. 22.66 23.17 29.73 377.34 421.99 50.90 a. Education 0.44 0.94 1.02 1.08 1.31 1.35 1.49 1.91 2.14 2.35 2.69 2.63 2.93 3.421 4.31 4.85 5.64 b. Public Health 0.26 0.44 0.90 1.10 1.34 1.04 1.27 2.36 2.59 2. 29 2.59 2.I65 2.85 3.71 5.097 7.30 7.34 c.. Agiculture 0.14 0.30 0.47 0.63 0.96 0.82 0.87 o.n2 1.19 1.67 2.31 1.89 1.93 2.57 3.36 4.58 4.29 d. Industry 0.29 0.32 0.35 0.36 0.53 0.60 1.35 2. 38 2.42 3.43 2. 68 3.95 3.96 5.59 6.17 5.77 8.99 e. Other 0.13 0.54 1.86 2.04 2.08 2.33 2.72 3.24 5.59 7.33 9.99 11.64 11.5D 14.45 1L'1 20.49 24.65 C Grants to States 2.13 3.50 6.17 S.99 9.59 9.86 10.60 12.99 16.22" 19.62 26.34 24.11 27.97 28.54 36.35 45.15 60.47 Total (A.RBt) 9.53 20.19 31.53 40.96 45.28 47.96 57.14 70.71 93.20 91.621 107.11 117.55 132.61 154. 33 197.61 225.421 254.63 STATE SOVERENT I Eo-Developmental 3.92, 6.64 127.94 15.62 16.94 19.35 18.60 21.46 25.321 25.68 29.14 36.12 41.59 49.38 62.21 733.53 75.27 a. Tax Collection 0.50 0.69 1.36 1.53 2.65 2.17 2.10 2.49 2.46 21.41 2.65 3.14 2.62 4.04 4.76 5.92 5.95 ft. Adan.services 1.67 2.94 4.35 4.927 5.2~7 6.09 7.2,0 8.15 9.17 9.97 10.83 12.91 15.69 17.99 21. 15 24.3-3 25.92 c. Interest Paymets other than to Cenftre 0.29 0.56 1.41 1.62 0.91 1.23 1.68 2. 321 3.74 2.20 3.61 4.55 3.52, 5.50 6.99 9.62 9.44 d. Other 1.46 2.55 5.92 7.55 9.01 9.96 7.62 8.50 9.95 11.10 12.05 15.62 19.75 21.95 29.31 34.66 33.96 E Devlopmenttal 5.66 10.95 19.97 22.321 25.95 29.25 33.e8 39.19 46.33 52.17 63.59 74.01 90.98 1053.47 121.04 143.32 158.60 a. Edacation 1.95 3.93 7.97 9.92 10.03 11.76 14.16 16.30 17.96 20.48 231.17 25.986 31.43 36.30 43.91 50.12 52.93 b. Public Health 0.81 1.53 3.021 3.59 4.41 4.55 5.75 6.60 8.22 9.54 10.03 11.90 14.24 17.10 20.44 '24.96 26.598 c. Agriculture 0.39 1.09 1.55 1.85 2.46 2.58 3.21 4.13 4.54 5.62 6.60 9.31 9.76 10.50 11.92 15. 29 16.23' d. Industry 0.21 0.30 0.33 0.537 0.44 0.53 0.57 0.64 0.87 1.06 1.45 1.63 2.01 2.55 2.82 3.7.4 4.01 e. Other 2.31 4.10 6.00 7.59 8.61 9.83 9.99 11.52 14.74 16.47 22.3 26.19 33.44 357.02 41.95 49.31 58.95 F Mdr payment to Centre 0.58 1.5 2.59 2.96 3.82 4.17 3.74 4.57 3.90 5.96 6.01 4.99 9.99 9.08 10.29 121.55 15.81 Total (DsEif) 10.16 19.01 34.40 40.90 46.61 52.77 56.02 65.22 73.55 93.91 98.73 115.121 141.36 161.93 193.54 229.40 249.68 TOTAL. CENTRE 5TATES(neti 16.99 34.18 57.17 69.91 78.48 96.70 99.9 118.47t 138.63 149.95 173.49 2,03.57 237.11 278.64 334.51 397.12 4218.03 (A.BD.OEf (a) I.e to changes in budgetary classification, the data from 1975176 onwards are not exactly comparable to those for previous years. Source: Ministry of Finance. -40- Table 5.7 TRMAIFERS BETE tIITRE AND STATES (a) fin Rs billio) 50151 60161 70171 71/72 7173 73n4 "5 7,516 '6J7. 77171 79179 79J0 80181 118 82183 B3134 3415 Revised hudpt Est. Est. States' Share in 0.48 1.65 7.55 9.45 10.62 11.70 12.25 15.99 16.90 17.99 19.58 34.06 37.51 42.74 46.40 5246 56.50 Central Taes Grants to States 0.25 2.13 6.17 8.99 9.59 9.06 10.60 12.99 16.22 19.62 26.34 24.11 27.97 29.54 36.35 45.15 60.47 Lanls to States (grossl (Ib 0.61 3.9 10.28 12.09 15.16 15.76 10.93 12.95 14.91 19.56 27.69 27.62 31.46 34.60 42.99 52.60 53.65 Loan Repayments by States(cl -0.06 -0.95 -6.59 -3.54 -6.55 -9.69 -5.07 -7.46 -6.56 -9.91 -4.92 -9.44 -9.17 -12.64 -14.44 -20.39 -25.30 Interest RepayeKnts bv State -0.03 -0.59 -2.59 -2.96 -3.92 -4.17 -'.7 -4.57 -3.90 -5.96 -6.0! -4.99 -.99 -9.09 -10.29 -12.55 -15.81 let Transfer 1.23 5.64 14.93 24.03 25.2 23. 46 24.97 29.80 37.47 47.39 59.68 72.36 79.28 94.16 101.00 117.77 12°.51 Ial All data are taken froe Central Eaverrsent accounts. Due to change in budgetary classification, the data from t195/76 onesards are not exactly conarable to those for previous years. Ilk Ercludes assistance of Rs 4.21 billion in 1972173. Rs 5.55 billiaro in 197B/79 and Rs 17.44 billion in 19919 and Rs. 4.00 billion in 1 993184 on acccuant of assistance givn by Center to States for clearing their overdrafts. Sc) Excludes accouting adjustment of Rs 9.39 billion for 1980J81. Somrce. Ministry ef Finance. Table 5.9 ECINUIC MASSIFICATION OF TH CENTREUL UDEUMET FINANCES (in Rs billion) 70/71 71172 rm/3 73174 74175 75/76 7617 77179 75/79 7n/80 90191 51192 82/8 835184 64195 Revvised Budget Est. Est. A. CURRENT REYVUE 31.33 38.17 43.35 48.28 61.59 73.16 60.07 89.93 103.54 103.52 118.20 142.60 165.30 l12.36 219.76 Ta Receipts 24.34 29.03 34.19 38.76 50.76 59.86 65.56 70.33 84.54 85.34 S3.47 115.31 130.05 156.53 174.75 Income fras Propertylnterprises 5.71 6.19 7.37 7.45 9.31 10.16 12.45 15.38 15.62 14.55 20.26 22.36 29.58 29.41 38.07 Fees & Niscellareus Receipts 1.29 2.96 1.80 2.07 1.51 3.12 2.C6 3.23 3.39 3.63 4.47 4.94 5.67 6.42 6.94 3. CURRENT EXPENDITIIRES 29.09 37.77 41.14 43.72 53.17 64.67 75.51 83.56 96.59 105.66 120.96 138.24 166.47 200.37 223.55 Consumaption Expenditures 16.70 20.54- 22.62 23.12 29.67 34.49 36.06 36.78 39.75 45.02 51.74 60.96 70.57 52.32 90.17 Transfer Payments (a) 12.39 17.23 18.52 20.60 24.50 30.18 39.45 46.79 56.13 60.64 69.12 77.28 95. 90 11.05 133.39 C. SAVINGS 0N CURRENT ACWIT #A-31 2.24 0.40 2.21 4.56 8.41 8.49 4.56 5.37 6.96 -2.14 -2.66 4.36 -1.17 -9.01 -3.79 + Grass Profits of Pub.enterprise 1.79 2.29 2.25 1.29 0.76 1.42 4.28 5.14 4.90 4.44 2.69 6.71 9.74 10.35 10.20 D. GSSSAVINGS 4.03 2.69 4.46 5.95 9.17 9.91 8.84 10.51 11.76 2.30 0.03 11.07 9.57 2.34 6.4W n Capital Transfers 0.55 0.31 0.38 16.96 1.17 2.97 2.89 3.43 2.87 4.04 4.58 3.98 4.36 4.31 4.32 + Lon Repayments (b) 8.93 10.54 11.00 14.64 10.76 10.86 7.10 14.41 15.18 10.06 10.85 13.39 18.20 22.04 24.02 E. TOTEL RECEIPTS 13.51 13.54 15.94 37.35 21.10 23.74 19.12 28.35 29.81 16.40 15.46 29.44 31.13 28.69 34.75 F. CAPITAL EIPENDITURE 31.51 34.60 42.44 62.95 49.91 61.19 62.64 71.94 9.13 86.42 110.70 122.84 146.52 173.26 1I9.30 Direct Investment 5.19 5.97 6.77 7.82 12.29 12.04 11.12 11.07 13.01 15.27 19.07 25.52 28.85 33.76 39.84 grass Fixed Capital Formation 4.05 5.66 6.65 7.11 9.23 9.49 10.90 11.18 12.42 14.43 17.52 24.11 28.14 32.33 38.69 Cbange in inventories (cl 0.34 0.31 0.12 0.71 4.05 2.55 0.22 -0.11 0.59 0.94 1.56 1.41 0.71 1.43 1.15 Indirect Investwnt Id) 21.49 23.35 30.58 29.77 32.41 43.66 44.99 55.23 67.59 64.11 95.01 90.25 109.63 131.43 139.96 Capital Transfers 1.93 2.84 4.29 3.56 3.75 5.36 5.02 7.55 10.63 12.20 13.02 15.25 17.B8 22.77 77.76 Loans for Capital Formation 9.92 10.48 13.91 12.82 16.77 21.3B 25.54 29.53 36.92 36.61 45.21 49.19 54.50 64.70 77.76 Otbers 10.74 10.03 12.49 13.39 11.89 16.92 14.32 19.15 20.04 15.30 26.79 25.92 37.25 43.96 34.34 Debt Repayment 4.83 5.28 5.09 25.36 5.22 5.49 6.49 5.54 6.53 7.04 6.62 7.07 9.04 8.07 9.06 Amrtization of Foreign Debt 1.99 2.94 2.19 19.92 3.07 3.44 3.70 4.29 4.70 4.10 3.92 4.22 4.38 4.63 4.69 Long-Term Rupee Debt 2.84 3.34 2.91 5.54 2.i5 2.05 2.79 1.25 1.93 2.94 2.70 2.85 3.66 3.44 4.91 9. OVALL DEFICIT (F-I) 1.00 21.06 26.60 25.60 29.91 37.45 43.35 43.49 57.32 70.01 95.24 94.40 115.39; 144.57 154.55 Financed by Market Borrowing 4.28 6-27 7.79 10.25 6.96 6.61 11.23 13.10 19.37 22.46 28.49 31.90 41.36 43.44 45.91 Foreign Debt 5.38 5.19 4.92 8.00 9.oi 25.17 14.92 9.08 9.16 9.14 16.26 13.39 16.31 19.10 20.63 Small Savings 1.84 2.24 3.73 4.75 2.77 3.93 4.13 5.45 9.47 11.05 11.21 13.99 17.73 22.00 24.00 Otherstel 6.50 7.36 10.16 2.60 9.47 9.74 13.07 16.96 21.32 27.36 39.29 35.04 39.99 60.03 64.01 BUDGETARY DEFICITI- = Surplus) 2.85 5.19 8.69 3.34 7.24 5.93 1.96 9.35 11.68 23.68 29.77 13.92 54.15 16.95 17.63 Of which Treasury BillsIf) 3.59 3.49 9.55 4.46 7.83 10.73 -2.96 33.Y -13.49 25.73 31.54 5.22 54.15 -22.82 17.62 Change in cash BalanceC- = Increase) -0.74 1.70 -0.86 -1.12 -0.59 -4.90 4.72 -24.19 25.16 -2.05 -1.77 4.70 neg. 39.77 0.01 Ca) Mainly subsidies, interest pay*:its and grants to States. lb) Mainly from State Governments. tcl Mainly changq in stocks of foodgrains and fertilizers. (d) Mainly grants or loans for c.pital formation by State Sover4ments and vernment enterprises. Ce) Including the Budgetary deficit, shoan separately below. f I Includes sales of Treasury Bills to holders other than the RBI. Sorwce: Ministry of Finance, Economic Classificatio of the Central hudget. -42- Table 5.9 PROJECTED MID ACTUAL PLA OUTLAYS BY SECTORS (Annual averages at constant 1970171 prices-in Rs.Bhllionl Annual Sixth Third Plan Plans Fourth Plan Fifth Plan Plan Annual Plans (61/62-65f661 66-69 (69170-73/741 (74775-79S17YI BO-B5 90/l1 9192E 92193 9304 proj. actuals actuals proj. actuals proj. actuals proj. (actuals) Est. A Agriculture&Allied Programs 3.43 2.66 3.1! 4.9B 3.24 4.59 5.331bl 10.44 9.26 7.94 9.09 9.46 General 3.43 2.66 3.13 4.64 n.a 3.13 n.a 4.99 3.91 3.82 3.82 3.94 Rural Develoveent - - - 0.26 n.a 0.62 n.a 4.70 4.03 3.73 3.92 3.93 Comand Area Development - - 0.05 0.09 n.a 0.24 n.a 0.75 0.42 0.39 0.35 0.59 B Irrigaticn I Flood Control 3.16 2.90 3.05 3.61 3.35 4.87 P.a 9.91 6.47 6.20 6.02 6.19 Minor Irrigation 0.63 0.94 1.72 1.16 0.92 0.91 n.a 1.59 1.13 0.99 1.00 1.09 Major Irrigatin 2.13 1.90 1.66 2.15 2.12 3.56 4.251c) 7.40 4.74 4.66 4.57 4.68 Flood Control 0.22 0.27 0.17 0.30 0.31 0.40 0.92 0.b60 0.5 0.45 0.43 C Industry and Minerals 7.64 6.11 6.36 8.18 5.57 l1.;6 10.51 19.45 13.03 15.73 17.41 £9.98 Village & Small Scale 0.94 0.75 0.49 0.66 0.44 0.59 0.65 1.56 1.06 1.09 0.99 1.16 Large & Medium Industries 6.70 5.36 5.87 7.52 5.13 11.10 9.96 17.99 11.97 14.63 16.42 19.82 of which: Petrleum 0.90 n.a n.a 0.68 n.a 1.95 n.a 3.77 2.95 4.08 5.52 6.66 Coal 0.67 n.a n.a 0.26 n.a 1.32 n.a 2.51 1.68 2.25 2.59 2.66 D Power 3.63 3.89 4.72 5.51 5.25 !.09 9.11 16.89 10.30 10.77 I.22 11.57 E Transport & Commication 5.93 6.56 4.75 7.32 5.52 7.98 7.53 13.62 9.77 10.69 10.37 10.92 Pailuays 3.35 4.11 1.98 2.36 1.67 2.54 n.a 4.47 3.77 4.09 3.99 3.96 Roads & Road Transport 1.25 1.45 1.42 2.17 1.77 2.09 n.a 4.06 3.22 3.16 2.93 2.72 Ports 0.52 0.31 0.24 0.48 0.47 0.71 n.a 0.64 0.70 0.73 0.90 0.99 Shipping 0.21 0.12 0.12 0.32 0.29 0.52 n.a 0.b6 if1 if) If) If) Civil Aviation 0.20 0.16 .'.26 0.42 0.32 0.34 n.a 0.75 0.49 0.50 0.50 0.62 Droadcastinq&Cmmicaton 0.39 0. 39 0.53 1.2Y 0.87 1.60 n.a 2.75 1.38 1.95 2.04 2.32 Otbers 0.04 0.02 0.21 0.27 0.13 0.17 n.a 0.29 0.21 0.25 0.21 0.26 F Social Srvices 4.86 4.25 3.50 5.95 4.92 9.06 7.49 14.74 9.49 10.10 1o.29 11.17 Education 1.99 1.93 1.19 1.95 1.39 1.48 1.89(d) 2.21 1.32 1.49 1.63 1.58 Scientific Research 0.25 0.22 0.19 0.32 0.23 0.50 0.95 0.39 0.55 0.70 0.72 Health&Familv Welfare 0.84 0.79 0.92 !.69 1.10 1.:6 1.37 2.49 1.60 1.79 2.04 2.06 Water, Housing & Urban Dent. 0.99 0.73 0.69 1.45 1.31 2.49 2.46 5.62 3.96 3.t2 3.75 4.56 Other Social Services 0.90 0.69 0.62 0.65 0.89 2.22 1.79 3.59 2.32 2.47 2.17 2.25 6 Others 0.17 0.28 0.19 0.25 0.43 (el (e! 0.37 0.18 0.20 1.23 1.63 H TOTAL 28.92 26.64 25.77 35.91 28.29 45.35 43.23 85.41 57.51 61.63 64.62 69.91 Nem its: price Deflator (a) 56.20 64.40 85.70 98.80 115.6 173.4 I9.4 229.3 257.°0 25.5 330.5 364.5 Note: See Footnotes to Table 5.8. (a) These price deflators, derived from the implicit price deflator for gross domestic capital formation in the National kcounts Statisticsfsee Statistical Appendix Table 6.11). have been used to convert the plan outlays for all sectors to constant 1970/71 prices. Plan Projections have been converted from base-year prices; the base years have been taken to be 1960161 for the Third Plan, 1969/69 for the fourth Plan, 1974175 for 1974175 oulays and 1975176 for the subsequent years of the Fifth Plan and 1979/90 for the Sixth plan. Actual outlays have been converted from current 9rices using the unneighted average price deflator for the Third Plan and the veighted(by annual outlaYs) price deflator for the subsequent plan periods. (hi Includes linor Irrigation. Ic) Includes Flood Control. Idl Includes Scientific Research. ei lncIuded under other social services. If) Included under Ports. Source: Planing Comission. -43- Table 5.10 PLFM WOUYS BY SECTORS (Z distribution and achievemet rates) la) Sixth Sixth Third Plan Fourth Plan Fifth Plan Pl an Plan (61162-65/66) (69170-73/74) 174175-781791 80-85 80-84 Ishare achieve- Zshare achieve- Zshare achieve- Zshare achieveent (bt ment (c) (bi Mnt lc) lb) meat (cl (b) (c) (d1 A Agriculture&Allied Programs 11.90 77.40 13.91 65.00 10.11 97.04 12.22 78.42 Geeral 11.90 77.40 12.95 n.a. 8.22 n.a. 5.84 r,.o7 Rural Development - - 0.72 n.a. 1.37 n.a. 5.50 83.07 Command kea Developent - - 0.24 n.a. 0.52 n.a. 0.B9 58.44 B Irrigation & Flood Control 10.95 91.99 10.09 92.67 10.75 n.a. 11.60 62.76 Minor Irrigation 2.19 132.6 3.25 7?.11 2.01 n.a. 1.86 66.15 Major Irrigation 7.40 84.35 6.00 98.59 7.86 107.3 8.66 63.02 Flood Control 0.75 123.0 0.84 102.9 0.89 - 1.07 55.38 C Industry and Minerals 26.50 79.99 22.84 68.09 25.93 89.35 2n.77 95.02 Village & Small Scale 3.26 79.66 1.84 65.99 1.30 110.5 1.83 68.79 Large & Medium Industries 23.24 80.03 20.99 68.27 24.65 89.19 20.95 86.4; of which: Petroleum 2.78 - 1.91 n.a. 4.30 n.a. 4.41 126.5 Coal 2.31 - 0.72 n.a. 2.92 n.a. 2.94 91.19 n Power 12.59 107.1 15.40 95.30 17.94 100.3 19.76 64.96 E Transport & Comunication 20.58 110.6 20.45 75.38 17.59 94.42 15.95 76.64 Railways 11.61 122.8 6.60 70.78 5.60 n.a. 5.23 98.51 Roads & Road Transport 4.32 116.4 6.06 91.72 4.62 n.a. 4.75 73.81 Ports 1.79 60.18 1.35 97.42 1.57 n.a. 0.75 125.7 Shipping 0.72 60.18 0.89 87.4' 1.14 n.a. 0.77 - Civil Aviation 0.68 80.92 i.ie -r4.91 0.76 n.a. 0.88 69.68 BroadcastingKommunicatio 1.33 101.0 3.60 67.63 3.53 n.a. 3.21 70.11 Others 0.14 47.60 0.76 49.32 0.37 n.a. 0.34 79.73 F Social Services 16.88 87.33 16.62 82.67 17.77 92.97 17.26 69.60 Education 6.91 91.79 5.18 74.93 3.27 94.71 2.59 67.90 Scientific Research 0.86 99.76 0.89 74.45 1.11 - 0.99 69.98 Health&Family Welfare 2.93 92.42 4.71 65.23 3.00 101.0 2.90 75.51 Mater, Housing & Urban Be 3.05 92.67 4.04 90.35 5.49 98.67 6.59 71.14 Other Social Services 3.12 76.57 1.B2 137.1 4.90 80.32 4.20 64.08 6 Others 0.59 161.8 0.70 171.2 - - 0.43 218.3 il TOTAL 100.00 92.42 100.00 78.97 100.00 95.32 100.00 74.25 (a) Derived from Statistical Appendix Table 5.9. lb) Percentage share in total Plan target outlay. Icl Actual outlay as a percentage of target outlay for each sector. Id) Refers to first four years of the Sixth Plan. Source: Planning Comission. -44- Table 5.11 Grass Domstic Investmnt in Public Sector (Rs.billion at current prices) SECTORS 70171 71/72 72173 7314 74175 75176 76177 77178 78179 79/80 80181 81182 82193 83184 Agriculture 3.29 3.82 5.05 -5.67 5.91 7.18 10.13 12.06 13.91 16.18 18.22 19.28 22.00 25.00 Nanufacturing 4.36 5.59 6.78 10.21 14.96 14.45 17.37 16.07 19.70 26.57 31.10 34.77 37.82 43.71 Energy 6.00 6.43 6.55 7.09 9.98 15.09 19.51 20.20 21.21 26.41 33.45 43.86 57.22 68.50 Pouer 5.20 5.45 5.46 5.82 8.34 11.12 13.86 15.08 16.75 20.77 24.50 29.64 34.42 40.79 Petroleum 0.65 0.76 0.80 0.89 0.94 2.41 2.69 3.37 2.53 3.13 5.06 9.24 14.95 19.20 Coal 0.15 0.22 0.29 0.38 0.90 1.56 1.96 1.75 1.93 2.51 3.89 5.98 7.85 8.51 Transport 6.75 7.92 10.78 10.90 11.21 13.17 12.87 14.19 17.71 20.61 25.95 27.91 29.32 32.15 Railmays 2.51 3.04 3.51 3.21 3.50 3.87 3.27 3.92 4.85 6.43 8.56 10.10 10.81 12.15 RoadsdBridges 2.20 2.89 4.11 4.6B 3.55 3.91 4.93 5.93 7.61 8.4b 10.36 11.56 11.17 12.70 Dther transport 2.04 1.99 3.16 2.91 4.16 5.39 4.67 4.34 5.25 5.72 7.03 6.17 7.34 7.30 Commnication 0.56 0.84 1.29 1.17 1.53 1.95 2.33 2.45 2.80 2.97 3.42 5.31 5.04 6.34 Adnin & Defence 2.51 3.02 3.92 6.08 4.45 5.25 4.46 2.04 5.83 9.79 12.40 14.04 17.39 21.97 Other Services 0.64 0.01 1.25 1.52 1.66 1.82 2.36 2.66 3.36 4.18 5.26 6.10 6.79 7.49 Other Sectors 3.62 3.22 0.45 5.10 6.94 17.86 17.10 4.83 12.97 11.45 9.42 23.80 23.35 13.94 TOTAL INVESTMENT 27.73 31.65 36.07 49.14 56.64 76.77 85.13 74.50 96.49 118.16 139.22 174.99 199.93 219.00 (Rs.billion at 1970/71 prices) 70/71 71172 712/73 73/74 74/175 75/76 76/77 77/78 78/79 79/90 80191 91/82 82/83 83184 Agriculture 3.29 3.49 4.19 4.16 3.59 4.08 5.61 6.44 6.83 6.90 6b.5 6.12 6.35 6.68 Manufacturing 4.36 5.22 5.93 8.07 8.89 8.22 10.35 9.32 10.16 12.38 12.59 12.74 13.17 14.10 Energy 6.00 5.91 5.92 5.77 6.46 9.05 10.76 11.33 11.30 11.97 14.29 15.64 18.26 20.39 Power 5.20 5.00 4.97 4.77 5.46 6.89 8.01 8.32 8.64 9.43 10.42 10.57 11.55 12.68 Petroleum 0.65 0.71 0.70 0.70 0.51 1.36 1.59 1.98 1.51 1.39 2.19 3.08 4.51 5.25 Coal 0.15 0.20 0.25 0.30 0.49 0.80 1.16 1.03 1.15 1.15 1.68 2.99 2.20 2.46 Transport 6.75 7.36 9.30 9.55 7.29 7.22 7.55 8.04 9.29 9.34 10.74 10.07 8.81 9.27 Railways 2.51 2.91 3.05 2.70 2.37 2.43 2.03 2.38 2.73 3.27 4.15 4.39 3.19 3.98 Roads&Dridges 2.20 2.69 3.55 3.52 2.20 2.23 2.71 3.13 3.69 3.58 3.86 3.64 3.03 3.19 Other transport 2.04 1.96 2.70 2.33 2.72 2.56 2.81 2.53 2.87 2.49 2.73 2.04 2.59 2.10 Communication 0.56 0.28 1.15 0.94 1.02 1.20 1.35 1.38 1.45 1.37 1.46 1.96 1.66 1.93 FMain & Defence 2.51 2.82 3.38 4.64 2.74 3.00 2.48 1.12 2.12 4.20 4.65 4.43 3.95 4.57 Other Services G.M4 0.74 1.03 1.12 1.01 1.04 1.46 1.43 1.67 1.80 2.02 2.02 2.02 2.06 Other Sectors 3.62 3.75 0.45 4.13 4.18 10.52 9.64 2.78 7.39 5.13 3.49 8.23 9.22 3.32 TOTAL INVESTMENT 27.73 29.57 31.35 37.38 35.17 44.33 49.20 41.84 50.21 53.09 56.09 61.21 62.44 62.32 Sources: 1) CS0, National Accounts Statistics. 2) Iorld Bank Estinates. -45- Table 5.12 PROFITABILITY OF CENTRAL GiWERIIEIT NON-DEPMTIEITAL ENTERPRISES 72/73 73/74 74/75 75/76 76/77 77/78 78179 79/80 80/91 B1/82 82153 93184 I.Gross Profits Ca] (Rs. million) A. Total Mlanufacturing Enterprises 1305 2163 3631 4321 5810 3611 5038 6314 B039 I9727 25803 25267 Steel -37 297 660 644 118 537 1213 717 940 1307 596 -738 Mlinerals & Petals -42 179 -397 148 276 -636 -1189 -164 1401 1177 1102 -1040 Petrolem 685 754 1552 1504 2099 2603 2940 3449 38,23 1212 193s 22355 Chemicals 121 90 291 69 79 -149 372 138 58 1227 2725 1207 Engineering Group 595 938 1474 1093 2135 1260 1435 1779 1397 3023 3555 4526 Others -17 5 51 63 44 -4 27 396 420 -179 520 -1043 9. Total Service Enterprises 1122 1173 161 2364 4466 5536 5674 6678 6139 7917 9947 10423 Ed] Ed] Id] C. Total Running Enterprises 2427 3336 5592 6685 10276 9147 10712 12m 14179 2654 34650 35690 II.Capital Employed [bi A. Total Manufacturing Enterprises 33970 37960 47190 5620 66310 72020 83070 100010 121010 149738 175297 187431 Steel 11270 11943 13945 16365 20057 21330 19509 21166 23443 29031 32643 30001 M1inerals & fetals 472 5753 7297 10891 12381 14542 15207 17753 20525 18222 21205 25516 Petroleus 4148 4392 5247 5770 9010 9010 13480 19390 27180 3193 39793 50540 Chemicals 3170 3359 4945 5363 7194 9lil2 12351 19334 23582 23711 25608 22716 Engineering Group 9891 11467 13834 16247 16357 17930 17923 21074 22457 26101 31057 35014 Others 519 1057 2112 2177 2311 2096 4601 2293 3823 20939 24991 23644 B. Total Service Enterprises 13600 14750 19360 33240 44260 48630 56620 61810 61060 69412 89973 111529 C. Total Running Enterprises 47570 52710 66540 90060 110570 120650 13690 161920 182070 215350 265260 299960 II.Rate of Return on Capital Employed Cc] (percentaqel A. Total Manuiacturing Enterprises 3.84 5.70 7.70 7.60 9.76 5.01 6.06 6.31 6.64 12.49 14.72 13.48 Steel -0.33 1.65 4.77 3.94 5.92 2.52 6.22 3.39 4.01 4.50 1.93 -2.46 Minerals & Metals -0.84 3.11 -5.44 1.36 2.23 -4.37 -7.92 -0.92 6.83 6.46 5.20 -4.08 Petroleua 16.51 17.21 29.58 26.07 26.09 32.50 21.81 19.75 14.07 38.12 46.01 44.23 Chemicals 3.82 2.68 6.01 1.25 1.08 -1.54 3.01 0.71 0.25 5.17 6.74 5.31 Engineering Goods 6.02 8.18 10.65 11.65 13.05 7.03 9.01 9.44 6.22 11.58 11.45 12.93 Others -3.29 0.47 2.41 2.9 1. 90 -0.19 5.90 17.27 10.99 -0.85 2.09 -4.41 S. Total Service Enterprises 8.25 7.95 10.13 7.11 10.09 11.39 10.02 10.90 10.05 11.26 9.93 9.35 C. Total Running Enterprises 5.10 6.33 0.40 7.42 9.29 7.59 7.67 8.03 7.79 12.10 13.06 11.94 Notes: Ca] gross Profits represents excess of income over expenditure after depreciation but before tax and interest on loan. lb] Capital employed is fixed assets less depreciation, plus morting capital excluding itm under construction or expansion. Capital employed is as at the end of the year. [cl Return an Capital Employed is computed by dividing Gross Profits by Capital Employed. Ed] Includes data for Central Powr Undertakings. Source: Bureau oi Public Enterprises, Annual Report on the sorking of Industrial and Comercial Undertakings of the Central Government. -46- Table 6.1 MONEY SUPPLY AND SOURCES OF CHANE [a) (in Rs billion) 70171 71/72 72/73 73/74 74/75 75/76 76177 77/70 79/79 79/80 80191 01/92 92/93 83184 041/5 lb) HONEY SUPPLY 109.78 126.93 15.13 176.24 195.50 224.80 277.91 329.06 401.12 472.26 557.74 627.52 728.67 896.88 996.52 1. Currency with the Public 43.71 49.01 54.39 63.21 6b.47 67.05 79.73 86.31 102.31 116.54 134.26 144.74 166.59 196.03 228.15 2. Deposit Money 29.70 35.22 42.62 48.80 56.29 66.20 81.51 57.57 70.61 93.46 99.98 104.63 118.76 137.95 151.10 3. Time Deposits with Banks 36.37 43.70 53.13 64.24 75.74 91.55 117.57 185.10 229.20 272.26 323.50 379.15 443.32 526.90 617.27 SOURCES OF CHANGE 1. Net Bank Credit to Government 54.57 66.25 79.76 99.3? 99.99 106.29 119.04 137.27 159.30 200.14 257.18 306.33 352.56 406.41 484.60 RI 40.00 48.70 56.96 64.60 71.21 69.24 77.62 76.44 94.16 124.05 164.43 204.40 228.23 268.10 315.98 Other Banks 14.57 17.55 22.80 24.79 29.79 37.05 40.42 60.83 65.14 76.09 92.75 101.93 124.33 139.31 168.62 2. Bank Credit to Commercial Sector 64.62 73.64 87.62 107.91 127.31 156.15 198.50 212.22 255.32 310.11 366.41 434.62 511.61 607.25 687.65 RBI 1.32 2.32 2.66 5.60 6.63 7.34 8.99 9.54 12.50 15.46 17.00 20.44 19.25 23.80 27.66 Other Banks 63.30 71.32 84.96 102.31 120.68 148.81 179.52 202.6b 242.02 294.65 349.41 414.18 492.36 583.45 660.19 3. Net Foreign Exchange Assets of Banking Sector 5.51 6.19 5.83 6.63 4.14 9.39 25.28 44.45 53.38 53.43 47.30 2b.61 16.84 15.80 20.40 4. Government's Currency Liabili- ties to the Public 3.84 4.11 4.57 5.02 5.31 5.55 5.68 5.93 6.04 5.Y2 6.1; 6.57 6.82 7.19 7.77 5. Non-Monetary Liabilities of fanking Sector 18.76 23.27 27.65 32.71 41.25 52.58 59.69 70.81 72.92 97.34 119.34 146.61 159.16 175.77 204.19 Net Non-monetary Liabilities of R01 8.66 12.71 14.35 16.41 20.61 26.45 34.33 37.08 37.35 45.58 53.60 65.22 60.74 53.11 75.92 Other 10.10 10.56 13.30 16.30 20.64 26.13 25.36 33.73 35.57 51.76 65.74 81.39 98.42 122.66 128.26 Total Honey Supplyl=1+2+3+4-5) 109.78 126.92 150.13 176.24 195.50 224.80 277.81 329.06 401.12 472.26 557.74 627.52 728.67 960.88 99.52 (a) As an March 31 an the basis of the closure of government accounts. (bi As of February 8 1985. Sources: 1. Reserve flnk of India onthly Bulletins, November 1993. 2. Reserve alak of India, Meekly Bulletin, February 25, 15. 3. overanmt of India, Economic Survey, 1984/85. -47- Table 6.2 BASE HONEY AND SOURCES OF CHAN0E (a) (in Rs billion) 70/71 71/72 72/73 73/74 7417.; 75176 76/77 77/7 78/7V 791/0 80/81 011/2 S21b3 03/84 84/U (b7 Icl BASE HONEY 48.23 53.82 60.33 72.73 76.04 78.09 97.99 109.41 140.92 165.73 194.52 209.99 231.10 2U.21 324.69 1. Currency with the Public 43.71 48.01 54.38 63.21 63.47 67.05 78.73 86.31 102.31 116.54 134.26 144.74 166.59 195.55 220.03 2. Other Deposits vith R83 0.60 0.80 0.58 0.53 0.75 0.77 1.21 0.70 1.66 3.91 4.11 1.68 1.06 3.16 2.24 3. Cash with Hants 1.96 2.05 2.42 2.74 3.54 3.4B 4.15 5.21 6.04 7.29 9.81 9.37 9.00 10.52 10.70 4. Bank Deposits uith RB! 2.06 2.96 2.95 6.25 8.28 6.78 13.09 17.19 30.81 38.00 47.34 54.19 52.05 70.98 91.72 SOURCES OF CHANGE 1. RBI Claims 47.74 56.33 64.42 77.51 97.65 89.73 100.64 95.24 117.83 151.51 194.19 241.57 267.73 315.86 370.47 On Government(netl 40.00 49.70 56.96 64.60 71.21 69.24 77.62 76.44 94.16 124.05 164.43 204.40 228.23 266.25 312.76 On Banks 6.42 5.31 4.80 7.31 9.81 13.15 14.04 9.26 11.17 12.00 12.76 16.73 20.25 25.95 30.07 On Comercial Sector 1.32 2.32 2.66 5.60 6.63 7.34 9.98 9.54 12.50 15.46 17.00 20.44 19.25 23.76 27.64 2. Net Foreign Exchange Assets of RB 5.30 6.08 5.69 6.61 3.69 9.24 25.99 45.32 54.31 53.U 47.75 27.06 17.29 16.24 20.47 3. Governmnt's Currency Liabilities to the Public 3.84 4.11 4.57 5.02 5.31 5.55 5.68 5.93 6.04 5.92 6.19 6.57 6.92 7.19 7.40 4. Net Non-Hnetary Liabilities of R01 8.66 12.71 14.35 16.41 20.61 26.45 34.33 37.08 37.35 45.58 53.60 65.22 60.74 51.08 73.65 Total Honey Supply=1+2+3-41 45.22 53.6! 60.33 72.73 76.04 78.07 97.98 109.41 140.03 165.73 194.53 209.90 231.10 285.21 324.69 laiPs on March 31 -n the basis of the closure of Government accounts upto 1992/83. (b)lased on information available from RBI monthly Bulletin, September 1984. (clAs of January 25,1985. Sources:l.Reserve Bank of India Honthly Bulletins. November 1983 and September 1984. 2.6overnment of India, Economic Survey 1984/85. 3.Reserve Bank of India Meetly Bulletin. February 11, 1985. -48- Table 6.3 SELECTED NOETARY POLICY INSTUIIENTS la) Nlinimum Statutory Net Blank Cash Deposit (bh Liquidity Cc) Liquidity Idl Year I Nonth Rate Ratio Ratio Ratio 1971 January S 20 34 June 6 3 29 34 1972 August 6 3 29 34 November 6 3 30 36 1973 Narch 6 3 30 37 lay 7 3 30 37 June 7 5 30 39 Septumber 7 6 30 40 September 22 7 7 30 40 December 7 7 32 40 1974 April 7 7 32 40 June 29 7 5 33 40 July 23 9 5 33 40 December 14 9 1.5 33 40 December 28 9 4 33 39 1975 November I 9 4 33 Ce) 1976 September 4 9 5 33 November 13 9 6 33 I978 December I 9 6 34 1911 July 11 10 6.5 34 kgust 21 10 7 34.5 - October 30 10 7 35 - November 27 10 7.25 35 - December 25 10 7.5 35 - 1982 January 29 10 7.75 35 April 30 10 7.25 35 - Jne 11 10 7 35 - 1983 Nay 28 to 7.5 35 - July 30 IV 0.0 35 - Aegust 27 10 8.5 35 1984 February 4 10 9.0 35 July 28 10 9.0 35.5 Septber I 10 9.0 36 - Cal Dates given are those on which the announced measures taki effect. (bh Minimu cash resources to be deposited with the El as percentage of aggregate demand & Cc) The ratio of liquid assets (exclusive of those under lb)ito aggregate dmand and time I Id) Liquid assets as defined under Wcl minus borrowing from IBI, SD nd B10I as percentage of aggregate dnand and time liabilities. Ce) Starting from November 1. the net liquidity ratio was abolished as a guideline for access to refinance. Sources:1.Reserve Dank of India, Report m Currency and Finance, various issues. 7 Rrv Rankf India- Annual Rnffrt. 1I9RIR. -49- Table 6.4 INTEREST RATES - SHORT TERN CMINERCIAL BANKING RATES (in percent) 1970171 1975176 1976/77 1977/7 1979/71 1979180 1980/81 199/821 1982/13 I Dank Rite 5.0/4.0 9.0 9.0 9.0 9.0 9.0 o0 10.0 10.0 11 Treasury Dill Rate 3.0/3.5 4.6 4.6 4.6 4.6 4.6 4.6 4.6 4.6 Ill Call Hbmey Rate (al State Dank of India - Scheduled fanks 8.5112.0 15.5 15.5 15.5/15.0 15.0 15.0118.0 15.0/19.4 19.5 18.5 - Cooperative Banks 7.5/E.5 14.5 14.5 14.5113.5 13.5 13.5 (a) (a) (a) lbl Other Kajcr Scheduled Commercial fanks - Bombay 6.38 10.55 10.84 9.28 7.57 8.47 7.12 9.% 8.78 - Calcutta 6.91 11.12 10.71 7.17 7.96 9.50 8.28 9.90 8.90 - Madras 6.45 9.73 11.17 9.82 8.00 0.50 9.42 9.38 6.35 IV Dazaar Bill Rate - Bombay 15.0 21.0 n.a n.a n.a n.a n.a n.a n.a :undi Rate - State Dank of India 9.5 14.0116.5 14.0116.0 n.a m.a n.a n.a n.a n.a V Coamercial Bank Rates (a) Deposit Rates- Ceiling - I Year 6.0 9.0 8.0 9.0/6.0 6.0 7.0 7.5 8.0 9.0 - 3 Years 6.5 9.0 9.0 9.0/7.5 7.5 8.5 10.0 10.0 10.0 - 5 Years 7.25 10.0 10.0 10.0/9.0 9.0 10.0 10.0 10.0 11.0 (bh Key Lending Rates Ceiling - General (bh 16.5 16.5 16.5/15.0 15.0 16.0 19.4 19.5 19.5 - Exports - 11.5 11.5 11.5/11.0 11.0 21.0 12.5/17.5 12.5/17.5 12.5/17.5 - Food Procurements - 12.0 12.0 12.0/11.0 11.0 12.0 12.50 12.50 12.50 - On deferred Payments - s.e 9.0 9.0 8.0 8.0 8.65 9.65 8.65 iinimus - General - 12.5 12.5 12.5 12.5 12.5 13.5 (cl (cl - Selective Controls - 14.0115.0 14.0115.0 14.0/15.0 14.0/15.0 15.5/18.5 17.5/19.5 17.5/19.5 17.5/19.5 (a) Effective July 1980, the rates charged on demand loans are same as those applicable to general categories of borrowers for similar advances. lb) The ceiling on lending rates was withdrawn in January 1970 but was reintroduced froe Mlarch 1976. Ic) In the revised interest rate structure which became effective from March 2, 1981, no general lending rate was fixed but a broad frameork of interest rates was provided with fixed rates on certain types of advances ar: ceiling rates on other types of advances. Nherever ceiling rates were prescribed, the rate of interest fixed for the preceding advance would serve as floor rate for advances in that category. Source: Reserve Dank of India - Report on Currency and Finance 1922/83 and previous issues. -50- Table 6.5 INTEREST RATES - LONG TON RATES (in percent? 1970/71 1975/76 1976177 1977/78 170/79 1979/DO 1980/BI 1981182 IY82/13 Term Lending Institutions Prime Lending Rates IDBI 9.5 11.0 11.0 11.0 11.0 11.0 14.0 14.0 14.0 IFCI 9.0 12.0 11.0 11.0 11.0 11.0 14.0 14.0 14.0 ICICI 9.5 11.0 11.0 11.0 11.0 11.0 14.0 14.0 14.0 lRCI - 8.5 5.5 9.5 8.5 3.5 9.15 9.15 12.5 SFC 7.5/10.5 9.0/14.5 8.0/15.5 8.0/15.5 9.0/15.5 8.0/15.5 12.0/16.0 11.3114.0 12.5/17.0 (rates charged to small scale Industries) 7.0/9.5 9.0/11.0 9.0/11.0 9.0/12.0 S.0/11.0 0.0/11.0 12.0114.5 12.5114.0 12.5/14.5 UTI Dividend Rate 9.0 8.75 9.0 9.0 9.0 10.0 11.5 12.5 13.5 Corporate Narrowing Rates (a) Preference - Ceiling 9.5 11.0 11.0 11.0 11.0 11.0 11.0 13.5 13.5 (b) Debentures - Ceiling 8.0 10.5(a) 10.5(a) 10.5(a 10.5(ia) 10.5(b) 13.5(b) 13.51b) 13.5115.0( Ici I year - 9.0/13.5 9.0/15.0 9.0115.0 9.0/13.5 9.0113.0 9.0113.5 9.0/13.5 9.0/15.0 (di 2 years - 10.0/14.5 10.0/16.0 10.0/15.5 9.5/14.0 9.5/14.0 10.0114.5 10.0114.5 9.5/15.0 Ce) 3 years - 9.5/16.5 11.0116.0 11.0/16.5 10.5/15.0 10.5/15.0 13.0/15.5 13.0/15.5 10.5/15.5 If) 5 years - 9.0/16.0 12.0/16.0 11.5116.0 12.0116.0 11.5/16.0 15.0/16.0 15.0/16.0 14.0/15.0 Ic) Industrial Securities Ordinary Shares 5.53 5.43 6.14 6.47 5.6b 5.93 5.09 5.51 5.96 Debentures - Running Yield 7.31 1.39 8.55 9.99 n.a n.a n.a n.a n.a Government Securities Short - term(I - 5 years) 3.8/4.3 5.2/6.0 5.2/5.5 5.115.5 5.115.4 4.7/5.7 4.7/6.0 5.316.4 5.0/1.5 Medium- termI5 -15 years) 4.314.9 5.5/6.0 5.4/5.9 5.415.9 5.5/6.2 5.7/6.3 5.816.8 5.897.0 6.3/7.8 Lng - term(15 years and over) 4.8/5.5 6.116.4 6.0/6.4 6.0/6.4 6.1/6.7 6.2/6.9 6.4/7.5 6.51/.0 6.519.0 (a) Effective September 12 ,1974 and for a term exceding 7 years. 10 percent for a term less than 7 years. (bh Interest n 'Rights' debentures isued by public limited compan.'s to augment their long-term working capital requirements had been fixed at the rate of 10.5 percent upto 7 years maturity and 11 percent on the maturity period from 8 to 12 years as per guidelines issued by government in September 1979. The ceiling on interest on public issue of debentures was raised from 11 to 12 percent from October 1980 and further to 13.5 percent fron March 2,1981. From April 17,1982 while the existing ceiling on interest rate of 13.5 percent was maintained for issue of convertible debentures, the ceiling rate urns raised to 15 percent in the case of non-convertible debentures. (cl The acceptannce of deposits for periods ore than 3 years has been prohibited effective from April 1,1978 but culOpamies are permitted to retain such deposits accepted prior to April 1,1979 till maturity. Source : hocerve Bank of India - Report on Currency and Finance 1982183 and previous issues. -51- Table 6.6 PUBLIC SECTOR BANKS - ADVANCES TO PRIORITY SECTORS lin Ps milison) June 1970 June 1975 June 1979 June 1980 June 1981 December 1912 'a' Amount Percent Amount Percent Amount Percent Amount Percent Amount Percent Amount Percent Advances - Priority Sector I Agriculture 3016 8.2 7S60 10.0 22:32 13.7 29559 14.0 39050 16.2 51060 16.3 Direct Finance to Farmers lb) 1604 4.3 5115 6.7 16802 10.4 22991 11.5 29550 12.3 39340 12.6 II Small scale Sector 4584 12.9 11903 13.5 297660 17.7 37164 19.5 47710 19.9 61970 19.0 Small Scale Industries 3695 10.3 9427 1:.3 20612 12.7 26399 13.2 33370 13.9 42090 13.5 Road Transport Operators 244 0.7 1134 1.5 3964 2.4 5273 2.6 7570 3.2 11420 3.6 Retail Trade and Small Business 645 1.9 1342 1., 4195 2.6 5492 2.7 6770 .8 9 460 2.7 III Other Priority Sectors 97 0.3 406 0.5 1267 0.9 2627 0.9 2060 0.9 2670 0.9 Professionals and Self Employed Persons bo 0.2 367 0.5 119: 0.7 1538 0.8 1950 0.9 2520 0.8 Education 21 0.1 39 n.s 75 0.1 89 0.1 110 0.1 150 0.1 IV Sub-total above S69' 2I 19989 26.1 52159 32.2 68350 34.1 9862L0 37.0 115700 37.0 V Total Bank Advances 35776 100.0 76540 100.0 162200 100.0 200290 200.0 239510 100.0 312920 100.0 Ia) Provisional. (b) Excludes advances to plantations, other than developmental finance. Source: Governsent of India. Economic Survey 1994/85. -52- Table 6.7 CAPITRL NRKET: FINANCIAL ASSISTANCE SANCTIONED AND DISBURSED DY FINANCIAL INS1TITUTIONS (Rs. million) M70/71 71172 72173 73/74 74/75 75/76 76/77 77/78 70179 79/80 80/81 61/82 82183 83184 Assistance Sanctioned: IDOI 733 1404 924 1720 2238 2454 4902 6360 6140 9572 12577 11491 13179 17769 IFCI 323 397 475 419 292 513 766 1134 1386 1379 2066 2181 2302 3300 ICICi 430 397 494 611 629 785 944 670 1828 2043 3141 3024 3496 4385 IRCI 59 64 72 76 53 100 109 107 152 179 469 579 649 SFCs 496 641 787 1031 1419 1629 1633 1661 2007 2638 3705 5096 6116 6429 SlDCs 193 236 335 279 335 360 541 735 983 1576 2164 2996 2966 3592 Sub-total 2175 3134 3079 4132 4988 5802 8886 10669 12451 17360 23832 25247 28620 36124 UTI 107 130 96 77 70 71 90 265 507 585 404 855 1275 1658 LIC lb) 178 131 180 259 188 610 569 527 654 800 1007 2156 2292 2753 Total 2460 3395 3355 4468 5246 6483 9544 11461 13612 18745 25243 2825B 32195 40535 Assistance Sanctioned: lDBI 558 798 666 1192 1666 1749 2794 3349 4804 5585 7595 8570 10401 12954 IFCI 174 203 283 319 370 347 549 575 735 910 1089 1694 1961 2?45 ICIC 289 303 397 435 454 611 *670 916 1092 1358 1853 2647 2712 29.0 IRCI 11 35 52 81 46 109 91 126 125 168 280 361 382 SFCs 335 396 447 546 796 1001 1052 1074 1350 1847 2480 3177 4040 4340 SICs III 144 177 206 267 271 349 437 600 853 1246 1911 2080 2225 Sub-total 1467 1945 2005 2740 3634 4025 5522 6442 8797 10679 14421 18279 21555 24996 UTI 51 16 56 77 76 51 60 69 202 284 510 627 717 1393 LIC Ibl 81 17 119 200 266 275 389 4278 317 653 1097 1696 1313 2254 Total 1599 1879 2179 3017 3976 4351 5971 6939 9306 11615 16029 20602 23585 28643 (a) Provisional lb) Includes data far SIC and its subsidiaries fron 1980/81 onwards. Source: Government of India, Economic Survey, Various issues. -53- CAPfITIL IAE - SELECTED INDICATUtRS Capital Raised by N_-Govenment Companies & Deposits with Joint Stock Cmpanies (in Rs million) Capital Raised by Private Sector (a) Deposits with Companies (b) Equity & NI.of Value of hnus Loans Debentures Total Copaies Deposits 1961162 75 159 852 1086 1200 975 1965166 62 66 831 1059 1964 2295 1970171 518 68 637 1223 1472 4322 1971M 318 40 500 958 2234 4808 1972173 363 61 931 1355 1962 5174 1973/4 506 51 1028 1585 304 7246 1974/75 792 106 751 1649 2959 7543 1975/76 745 85 984 1814 3589 8037 1976M 936 661 1063 2660 3545 10386 19778 1148 130 1111 2389 3554 13130 19m7/ 1113 195 1411 2719 3118 15976 1979180 989 35 1418 2341 22 19410 1980/81 827 223 1959 3008 277Y 27123 1981/12 (c) 346 83 2889 3318 n.a n.a 1982/93 (c) 414 67 2983 346 n.a n.a (a) Capital raised against consents-t1ader the capital issues Control Order, the present exeption licit for issue of capital iithout consent is Rs 5 million. Data relate to calendar years. (b) Ion-fiL;ancial joint stock companies. (c) Relates to the period April - becefber. Source: Govenaent of India, Ecnoomic Survey, various issues. -54- Table 7.1 PROIDCTION OF PRINCIPAL MM(PSl) 50/51 60D61 65166 70171 71 17 72/73 73174 74175 75176 76177 77178 7B/79 7J/B0 90/81 81/52 e2r83 83/94 A. FOUERAINS 50.82 52.02 72.35 109.42. 105.16 97.03 104.66 99.B3 121.03 111.17 126.41 131.90 109.70 12Y.5Y 133.30 129.52 151.54 (a) Cereals 42.41 69.31 62.40 96.60 94.07 87.12. 94.66 59.81 107.99 99.81 114.44 119.72 101.13 111.96 121.79 117.66 138.89 Rice 20.5E 34.57 30.59 42.22 43.07 39.25 44.05 39.58 45.74 41.9r 52.67 53.77 47.33 53.63 53.25 47.12 59.77 Ibrat 6.46 11.00 10.39 23.93 26.41 24.74 21.78 24.10 28.55 29.01 31.75 35.51 31.93 36.31 37.45 42.79 45.15 Jour 5.49 9.0! 7.58 B.10 7.72 6.97 9.10 10.41 9.50 10.53 !2.07 11.44 11.65 10.43 12.06 10.75 II.93 Bajra 2.59 3.29 3.75 5.03 5.32 3.93 7.52 3.27 5.74 5.95 4.73 5.57 3.95 e -1 5.54 5.13 7.63 Mai:e 1.73 4.00 4.52 7.49 5.10 6.39 5.50 5.56 7.26 6.36 5.97 6.20 5.60 6.96 6.90 6.55 7.92 Others 5.56 6.57 5.27 6.93 6.45 5.84 6.41 6.B9 7.90 6.14 7.25 7.23 5.77 6.29 6.59 5.32 6.49 (bl Pulses 9.41 12.71 9.05 11.02 11.09 9.91 10.00 10.01 13.04 11.36 11.97 12.19 9.5- 10.63 11.51 11.86 12.65 Grass 3.65 6.25 4.22 5.20 5.08 4.54 4.10 4.01 5.69 5.42 5.41 5.74 3.36 4.33 4.64 5.29 4.75 B. NO*-FDOD5RRIE (a? Dilseeds (21 5.16 6.98 6.40 9.26 9.75 6.86 E.95 E.53 9.91 7.93 9.00 9.35 5.04 5.38 10.99 9.76 11.31 Groundnut 3.48 4.61 4.26 6.11 6.15 4.09 5.93 5.11 6.75 5.26 6.09 6.2! 5.77 5.01 7.22 5.29 7.25 Rape and Mustard 0.76 1.35 i.30 1.09 1.43 L.31 1.70 2.25 1.94 1.55 1.65 1.56 1.43 2.30 2.38 2.21 2.57 l1b Smgarcane (cane) 57.05 110.00 123.99 126.37 113.57 124.87 !40.61 144.29 140.60 153.01 176.97 151.66 125.93 154.25 156.36 189.5! 177.02 (cl Cotton 3.04 5.60 4.85 4.76 6.95 5.74 6.31 7.16 5.95 5.94 7.24 7.96 7.65 7.01 7.89 7.53 6.55 Id) z.Jute 3.31 4.13 4.49 4.94 5.68 4.98 6.22 4.47 4.44 5.35 5.36 6.47 6.07 6.51 6.79 5.95 6.06 ix.1esta - 1.13 1.30 1.26 1.15 1.11 1.46 1.36 1.47 !.75 1.79 .E6 1.59 1.65 1.55 1.23 1.36 Nofftes: (i IUnits of measuremnt of all commadities :s million tonnes.except in the case of cotton.jute and esta wnhose production is in terms of million bales. (21 Five major oilseeds-qroundnuts.rape & mustard .linseed.castorseed and sesaaum. Source: Ministry of Agriculture -55- Table 7.2 UDE NMR OF A5RICILTURAL PRODUCON (ase. Triennue ending 1969/70=1003 WEIGHT 50/51 55/56 60/61 65/66 70171 72n3 73174 74175 75/76 76l77 77178 78/79 79/80 80/81 8I182 92/83 83184 A. FOODfRAINS 68.12 57.1 72.6 86.1 75.8 112.9 102.3 110.3 104.3 127.2 115.7 133.6 139.3 114.1 137.5 140.5 135.8 160.1 la) Cereals 60.05 53.9 68.5 92.6 74.2 !'4.l 104.3 113.2 106.4 128.8 117.8 131.3 143.6 119.9 143.1 145.5 139.8 166.3 Rice 33.99 56.3 73.2 s8.3 78.1 107.4 IN.' 112.7 101.3 124.7 107.2 134.7 137.5 108.3 137.2 136.2 120.5 152.9 theat 12.16 37.9 49.2 60.9 57.6 132.! 137.1 !20.7 133.6 159.9 160.9 176.0 196.8 176.4 201.2 207.4 237.0 250.0 Joar 4.96 62.4 68.3 100.4 76.9 92.3 70.6 92.2 105.5 96.3 106.6 122.2 115.9 118.0 105.7 122.2 108.9 120.5 (bh Pulses 9.07 91.6 103.4 112.3 98.0 104.4 87.6 89.5 98.9 115.3 100.3 305.8 107.5 76.6 95.9 103.7 106.4 114.3 6ras 3.58 73.3 103.8 119.9 S0.9 99.7 97.0 79.7 77.1 112.9 104.2 103.Y -110.2 64.5 83.2 89.2 101.6 93.4 Tar 1.35 101.9 110.2 117.9 97.4 105.1 108.1 '.t !^:. 117.9 96.9 109.4 106.0 99.7 110.0 125.7 111.8 137.1 B. fll- FOODRAINs 31.98 62.0 70.1 89.1 91.3 l0e.6 :Q..I 117.0 117.9 120.5 117.5 131.6 135.3 121.5 130.5 149.0 140.0 146.7 (a) Oilseeds 10.96 66.1 72.9 99.9 56 116.1 95.3 114.5 114.9 123.9 103.9 116.5 122.4 109.5 113.6 139.7 119.0 140.1 6roundnut 4.92 64.3 71.3 91.0 82.6 119.4 79.3 114.9 9.1 130.9 102.0 112.0 120.3 111.9 97.0 140.0 102.4 141.2 Rape and Mustard 1.73 51.4 57.5 90.2 86.9 132.3 121.1 114.2 150.9 129.6 103.8 110.4 124.7 95.6 153.8 159.8 147.2 171.1 (hi Fibers 4.03 57.8 79.5 96.3 s8.5 89.3 101.5 115.4 119.4 103.4 106.3 125.2 139.5 133.6 126.3 138.9 129.4 117.7 CottonClinti 3.01 54.3 75.5 99.2 86.7 85.1 102.4 112.7 127.8 106.2 104.2 L29.3 142.1 136.9 125.1 140.7 334.5 117.5 Jute 0.65 70.4 99.9 83.2 90.1 99.6 100.4 125.4 90.2 59.5 107.9 108.1 130.5 122.4 131.2 136.8 119.9 122.1 fIesta 0.15 5?.7 104.4 100.9 119.0 1;3.7 100.8 132.0 123.5 127.0 150.4 154.4 160.5 162.7 142.2 136.3 105.5 116.9 (cl Plantation Crops 2.22 62.7 68.6 79.3 91.7 114.9 121.9 325.5S 130.9 19.9 139.3 151.9 149.7 155.1 154.7 15.7 .5 Tea 1.95 70.1 72.4 91.6 93.1 106.4 115.9 120.0 124.3 123.7 130.0 141.3 143.2 340.2 145.2 142.2 142.4 145.3 Coffee 0.24 39.2 62.5 96.1 9Y.5 170.1 140.7 133.4 142.8 129.6 157.8 192.8 170.4 230.9 182.9 234.6 200.5 154.2 Rubber 0.9 210.6 328 36.7 69.7 127.1 155.1 172.7 179.5 190.2 206.5 202.9 196.8 205.0 211.4 211.1 229.0 242.0 (dl Condiments and Spices 2.31 83.3 98.2 91.0 92.3 116.2 99.2 115.1 106.3 110.7 100.5 114.2 135.8 134.7 137.2 141.2 17.9 142.0 (el Fruits and Veqetables 3.97 42.7 47.9 67.9 97.8 103.2 106.2 112.2 125.1 135.0 133.8 141.6 162.7 144.4 164.6 166.6 163.6 185.0 tf) lliscellaneeus crops 9.33 60.1 64.5 93.3 101.6 106.9 104.9 L21.4 117.2 116.? 131.4 149.1 131.7 209.3 130.2 152.6 n.a n.3 Sugarcane 7.01 59.1 61.3 94.1 105.3 106.4 104.7 118.3 120.7 118.2 130.0 147.3 129.0 107.4 129.4 156.3 159.9 198.5 Tobacco 1.14 72.3 83.9 4.5 82.4 101.8 104.6 129.9 102.0 98.4 117.8 138.9 127.7 123.3 135.1 146.1 163.3 139.2 ALL-CRMPS 100.00 5e.5 71.9 86.7 90.8 111.5 102.2 112.4 108.6 125.l 116.3 132.9 139.0 117.0 135.3 142.9 137.1 155.9 Souce: llinistry of Agriculture. -56- Table 7.3 GROITh RATES IN AREA, PRMDICTIQ AND YIELD F SELECTED CROPS FRUK I94/50 TO 1B3/8 (a) (1 per annumm Area Production Yield Ueiqbt -- - in the 1949/50 1967168 1949150 1949/50 2967168 1949150 1949150 1967169 194Y/50 Production to to to to to to to to to Inde 194165 1913/84 1913814 1964165 1963/B4 1983184 1964/65 I18184 193184 A. Foodgrains 68.12 1.40 0.38 0.74 2.90 2.61 2.61 1.40 1.84 1.56 (as Cereals 60.05 1.30 0.37 0.84 3.20 2.87 2.96 1.70 2.04 1.77 Rice 33.9Y 1.30 0.64 0.92 3.40 2.27 2.46 2.10 1.62 1.53 Mheat 12.16 2.60 2.69 2.80 3.90 5.77 6.02 1.30 3.00 3.12 Josar 4.96 1.00 -0.76 -0.16 2.50 2.04 1.37 1.5D 2.52 1.53 (bi Pulses 9.07 I.90 0.47 0.33 1.40 0.35 0.23 -0.20 -0.02 0.08 6ram 3.5B 1.b0 -0.35 0.55 2.60 -0.51 0.00 0.50 -0.19 0.55 Tar 1.35 0.60 0.99 0.60 -1.30 1.3B 0.26 -1.90 0.39 -0.35 B. Nn-Foodgrains 31.88 2.50 0.51 1.22 3.50 2.53 2.62 0.9r 1.33 1.04 (aD Elilseeds 10.96 2.70 0.32 1.06 3.10 1.53 2.00 0.20 1.13 0.62 6roundnut 4.82 3.90 0.02 1.42 4.20 1.23 1.99 0.30 1.20 0.55 RapeseedJllstard 1.73 2.90 :.42 1.50 3.30 2.53 3.13 0.40 1.09 1.30 lb) Fibers 4.03 2.50 0.19 0.50 4.40 2.04 2.12 1.70 1.77 1.55 Cotton flint) 3.01 2.40 0.17 0.50 4.50 2.17 2.42 2.00 2.00 1.90 Jute 0.51 3.00 0.70 O.95 3.40 2.00 1.43 0.50 1.13 0.57 Ic) Plantation Crops 2.26 2.40 2.21 2.34 2.70 3.33 3.12 1.30 1.95 1.72 Tea 1.85 0.50 0.79 0.82 2.00 2.81 2.48 1.40 2.01 1.65 Coffee 0.24 2.40 3.81 2.B6 6.50 4.65 4.B 4.40 0.75 1.96 Rubber 0.19 8.50 3.40 6.37 6.50 5.75 8.66 --.00 2.25 2.12 (d) Candiments&5pices 2.31 1.70 1.60 1.60(b) 1.50 2.30 1.70(b) 0.80 0.60 0.20 (c! FruitsiVegetables 3.97 4.00 1.70 3.10(b) 4.40 3.90 4.50(b) 0.!0 I.90 1.30 (f) hiscellaneous Crops 9.33 3.00 3.10 2.10lbl 4.20 3.00 3.00(b) 1.20 1.10 1.10 Sugarcane 7.01 3.20 2.02 2.04 4.20 3.05 3.11 1.10 1.01 !.12 Tobacco 1.14 1.70 0.27 0.80 2.90 2.67 2.25 1.00 2.40 1.48 ALL CROPS 100.00 1.60 0.50 0.84 3.10 2.59 2.61 1.30 !.69 1.42 (a) Average annual compound growth rates have been estiaated by fitting sesi-logar:thuic least squares tise trends to the relevant index number data. lb) Growth rates for condiments and spices.fruits and vegetables.and miscellaneous crops have been computed only up to !K.Ki3. Source: Ninistry of Agriculture, Office of the Economic and Statistical Adviser. -57- Table 7.4 STATENISE GROITH IN PRODUCTION OF SELECTED CROPS FRM 1967168 TM 1983184 Cereals Pulses S Major Oilseeds ali Sugarcane (cane) Cotton Annual Annual Annual Annual Annual Compoumd Compound Comd Co pound Compound 67/68 83184 growth 671/6 83/84 Growth 6/b68 83184 Erowth 67168 83/84 6rowth 6716E 83/84 Growth (lln.tons) Rate ImIn.tons) Rate (lnn.tons) Rate Idln.tons) Rate (sln.balesl Rate (I p.a) i7 p.a) (I p.al (Z p.a) (Z p.a) Andhra Pradesh 6.91 10.99 2.94 0.28 0.53 4.07 1.15 1.79 2.83 9.92 9.69 -0.15 0.16 0.97 12.14 Assam 2.00 2.68 1.8S 0.04 0.05 1.75 0.07 0.15 5.25 1.17 2.16 3.91 0.01 n.s - Bihar 7.34 8.92 1.23 1.28 0.70 -3.70 0.11 0.11 0.22 4.03 3.89 -0.24 n.s n.s - Gujarat 3.18 5.18 3.10 0.15 0.56 8.58 1.53 2.47 3.06 1.49 7.75 10.86 1.61 1.44 -0.70 Haryana 2.68 6.54 5.73 1.31 0.36 -7.76 0.12 0.16 1.61 4.71 5.93 1.45 0.40 0.58 2.35 Hisachal PradEsh 0.88 1.00 0.90 0.02 0.01 -4.24 0.01 0.01 I."9 0.03 0.06 4.43 n.s n.s - Jammu Kashmir 0.65 1.11 3.40 0.04 0.03 -1.78 0.03 0.05 3.01 0.01 0.02 4.43 ns U.s - Xarnataka - 4.31 6.75 2.07 0.36 0.59 3.14 0.47 0.92 3.59 7.35 13.41 3.B3 0.33 0.56 3.36 Kerala 1.13 1.25 0.63 0.02 0.02 -0.16 0.03 0.01 -5.06 0.50 0.84 3.30 0.01 0.01 2.40 ladbya Pradesh 8.57 12.59 2.43 1.66 2.69 3.06 0.56 0.67 1.12 0.95 2.23 5.48 0.34 0.22 -2.68 --harashtra 6.00 9.69 3.04 0.82 1.26 2.72 0.82 0.96 1.01 10.49 26.55 5.98 1.43 1.18 -1.19 Orissa 4.00 5.79 2.34 0.34 1.05 7.30 0.17 0.60 8.16 1.81 2.86 2.90 n.s n.s - Punjab 4.90 14.64 7.08 0.51 0.14 -7.76 0.31 0.11 -6.31 4.55 5.20 0.84 0.82 0.71 0.90 Rajasthan 5.09 8.40 3.19 1.51 1.66 0.59 0.33 0.94 6.81 0.31 1.49 10.31 0.24 0.58 5.67 Tail lNadu 5.66 5.96 0.32 0.10 0.25 5.89 0.92 1.12 1.22 8.96 14.52 3.14 0.39 0.30 -1.63 Uttar Pradesh 13.49 26.82 4.39 3.29 2.49 -1.75 1.64 1.12 -2.36 37.91 78.97 4.69 0.03 0.02 -2.62 Nest Bengal 5.37 8.91 3.22 0.37 0.24 -2.67 0.05 0.19 8.95 1.18 1.02 -0.91 n.s. n.s. - ALL-INDIA 82.95 138.9 3.27 12.10 12.65 0.28 8.30 11.32 1.96 95.50 177.0 3.93 5.77 6.58 0.82 (a) Groundnut, rapeseed & mustard, linseed, castwrsed and sesaum Sawuce: Ministry of Agriculture -58- Table 7.5 AVAILAIILITY OF CEREALS AND PULSES Cereals Pulses Estimated Met availability (grans) (in million tennes) Imillion Populationib) per person per day tonnes) (millionl --------------------- … Change Calendar Net Net in Govt Net avail- Net avail- Year Prodn. Import Stock ability ability Cereals Pulses Total 1951 40.09 4.00 0.59 44.30 9.0o 363.21 334.15 60.70 394.95 1952 40.67 3.93 0.62 43.95 7.99 369.23 326.32 59.23 385.56 1953 45.46 2.04 -0.48 47.97 9.61 375.63. 349.89 -62.76 412.65 1954 53.55 0.93 0.20 54.19 9.73 322.44 388.17 69.70 457.B7 1955 51.71 0.60 -0.75 53.05 10.11 389.67 372.97 71.0B 444.04 1956 50.43 1.39 -0.60 52.42 10.23 397.33 361.43 70.50 431.94 1957 52.77 3.63 0.86 55.54 10.63 405.45 375.29 71.50 447.09 195B 49.46 3.22 -0.27 52.94 8.84 414.02 350.35 58.47 409.52 195Y 57.39 3.96 0.49 60.75 11.56 423.05 393.45 74.85 468.30 1960 57.10 5.13 1.40 60.82 10.38 434.55 383.19 65.37 449.56 1961 60.99 3.49 -0.17 64.55 11.14 443.94 391.37 65.72 467.09 1962 61.85 3.64 -0.36 65.85 10.24 454.39 397.02 61.72 458.74 1963 60.19 4.55 -0.02 64.76 10.09 465.09 3BI.49 59.40 440.98 1964 6t.79 6.26 -1.24 69.2? 8.81 476.09 3Y9.76 50.72 449.48 1965 67.34 7.45 1.06 73.72 10.95 487.32 414.45 61.02 475.46 1966 54.60 10.34 0.14 64.50 9.68 498.83 355.91 47.65 403.56 1967 57.65 9.67 -0.26 66.57 7.30 510.54 357.26 39.16 396.42 1968 72.59 5.69 2.04 76.23 10.57 522.56 399.69 55.44 455.12 1969 73.15 3.95 0.46 76.53 9.09 534.90 391.99 46.58 438.56 1970 76.53 3.59 1.12 79.30 10.20 547.57 396.76 51.02 447.79 1971 84.53 2.03 2.57 83.99 10.32 560.12 410.81 50.50 461.31 1972 92.32 -0.49 -4.69 96.52 9.70 571.85 414.53 46.47 461.00 1973 76.23 3.59 -0.31 90.13 8.67 5S3.93 376.02 40.66 416.68 1974 82.53 5.16 -O.iO 99.38 8.76 596.05 406.25 40.'26 446.51 1975 78.59 7.54 5.56 90.56 5.76 609.53 362.71 39.45 402.16 1976 94.50 O.bb 10.74 84.42 11.42 621.25 372.25 50.34 422.61 1977 57.33 0.09 -1.63 59.04 9.96 634.29 394.60 43.03 427.62 1979 100.13 -0.52 -0.25 99.56 10.69 647.58 421.19 45.23 466.42 1979 104.75 -0.33 0.36 104.06 10.79 661.14 431.22 44.71 475.93 19S0 88.49 -0.45 -5.78 93.79 7.63 697.33 373.85 30.41 404.26 1951 104.09 0.52 -0.24 104.85 9.41 701.53 409.49 36.75 446.23 1982 la) 106.56 1.58 1.33 106.81 10.07 716.99 408.14 39.45 446.62 1953 (a) 102.95 4.07 2.75 104.27 10.38 733.25 399.60 39.79 428.39 1984 (a) 121.53 2.37 4.48 119.42 11.07 749.56 436.49 40.46 476.96 htes: 1. Net production has been taken as 87.5 per cent of the gross production,l2.5 per cent being provided for feed, seed requirements and mastages. 2. Figures in respect of change in stocks with traders and producers over a year are not knomn. The estimates of net availability given above should not therefore be taken to be strictly equivalent to consumption. 3. Net Availability : Net production e Net Imports - Changes in governaent stocks (a) Provisional. (bi Morld Bank estimates for the period 1960-1983. Sources:Directorate of Economic & Statistics, Ministry of Agriculture. World bank estimates. -59- Table 7.6 PUBLIC DISTRJDUTION Of FUODGRAINS la) (in thousand tons) 1965 1970 1975 1976 1977 1978 1979 1990 1981 1992 1983 1994 lbt ib) Opening Stock 674 4397 2539 7983 18771 17274 17160 17519 11739 11498 12527 15580 Rice 361 1724 1094 2504 5720 5615 7995 9045 6629 6213 5435 4709 theat 306 2329 1221 4769 12282 11508 9058 8358 4997 5169 7195 10783 Procurement 4031 6714 9563 12553 9974 11099 13846 11175 12975 15419 15663 18725 Rice 2951 3043 5042 5999 4656 5551 5724 5210 6199 7477 7299 9317 Wheat 375 3183 4098 6618 5171 5470 8000 5866 6590 7725 5272 9305 Imports 7462 3631 7407 6515 555 - - 49 855 209! 4104 2369 Rice 783 206 130 149 5 - - - 78(c) - 297 550 Wheat 6583 3425 7016 5532 547 - - 49(c) 777 2091 3507 1819 Issues (d) 10079 9841 11253 9174 11729 10183 11663 14993 13014 14768 16206 13420 Rice 3586 3050 3211 3643 4589 3229 4049 6057 6402 7500 7853 6817 Wheat 5939 5347 7545 5015 6396 6855 7473 8519 6427 7168 8121 6513 Exports(e) 136 1003 954 429 332 511 35 NIL Rice - 53 287 216 332 408 10 NIL Wheatiff 136 950 667 213 - 103(g) 25(h) NIL Closing Stock 1927 5334 7983 18771 17274 17160 17159 11739 11498 12827 15580 22461 Rice 528 1834 2804 5720 5615 7988 9048 6629 6213 5435 4709 7434 Wheat 1276 3127 4769 12282 11508 05S 8355 4997 5169 7155 10783 14935 Notes: (a) Quantities in respect of the two main cereals, rice and wheat has been shown, the balance in total foodgrains being accounted for by other foodgrains. (b) Provisional. (c) Received from Bangladesh in repayment of theat & rice loan given in 1979. (d) Issues for the years 1977 to 1994 includes supplies under the public distribution system and under various poverty alleviation programs during the calendar year. Ce) For the years 1965 to 1976 data for exports is not available separately. and is included in data for 'issues'. Exports does not include small quantity given as gift to other countries. (f) Includes wheat flour. (g) Wheat loan to Bangladesh. (h) theat loan to Nepal. Source: Ministry of Agriculture and Irrigation. Department of Food. -60- Table 7.7 IRRISATION SUMMARY (in millien hectares) Surface Irrigation Najor M Medium Total Minor Total Ground Irrigated Potential Utili:ation Surface Utilized Mater Area (utilized) Ultiomte Potential 58 50 15 73 40 113 Position at the end of: 1950151 9.7 9.7 6.4 16.1 6.5 22.6 Ist Plan 12.2 11.0 6.4 17.4 7.6 25.0 2nd Plan 14.3 13.0 6.5 19.5 8.3 27.8 3rd plan 16.6 15.2 6.5 21.7 10.5 32.2 Annual Plans 1966-69 18.1 16.8 6.5 23.3 12.5 35.8 4th Plan 20.7 18.7 7.0 25.7 16.5 42.2 5th Plan 24.8 21.2 7.5 28.7 19.8 48.5 Annual Plans 1918-80 26.5 22.2 8.0 30.2 22.0 52.2 1980/81 27.3 22.7 B.2 30.9 23.2 54.1 1991/82 28.2 23.2 8.4 31.6 24.4 56.0 1982183 29.1 24 9.6 32.6 25.6 59.2 1903/84 (Anticipated) 30.0 24.9 8.8 33.7 26.8 60.5 1984/95 (Targetl 30.8 25.9 9.0 34.8 29.0 62.8 Average Annual Increase Ist Plan 0.5 0.3 - 0.3 0.2 0.5 2nd Plan 0.4 0.4 0.02 0.4 0.1 0.6 3rd Plan 0.5 0.4 - 0.4 0.4 0.9 Annual Plans 1966-69 0.5 0.5 - 0.5 0.7 1.2 4th Plan 0.5 0.4 0.1 0.5 0.8 1.3 5th Plan 1.0 0.6 0.1 0.7 0.8 1.6 Annual Plans 1970-80 0.9 0.6 0.3 0.8 1.1 1.9 1980/81 0.8 0.5 0.2 0.7 1.2 1.9 1981/82 0.9 0.5 0.2 0.7 1.2 1.9 1982/83 0.9 0.8 0.2 1.0 1.2 2.2 I183194(provisional) 0.9 0.9 0.2 1.1 !.2 2.3 1984/85(Tarqet) 0.8 0.9 0.2 1.1 1.2 2.3 Sources: 1. Report of Irrigation Commission 1972. 2. Report of National Comuission on Agriculture. 3. Ministry of Agriculture and Irrigation, Central Water Co mission and Central Groundwater Doard. -61- Table 0. I INDEX OF I RIISLEII. PRODUCTION- BY INDUSTRY SHOWS (use 1970 * 1003 Annul Average roeth Rates (2 per anamn) 1951- 1961- 1971- 190 Industry 6roup Weight 1951 1960 1971 1973 1974 1975 2976 1977 1979 1979 2910 1983 1922 1993 1V60 2970 2990 1293 I Miming & harrying 9.69 44.7 67.1 101.0 107.0 113.2 127.9 136.9 139.9 142.1 148.5 144.2 170.4 187.9 210.4 4.6 3.9 4.0 13.4 11 NMafacturing 01.00 30.5 55.9 104.5 111.2 111.9 116.0 130.3 135.1 144.3 144.6 146.1 157.6 162.8 168.0 7.0 3.6 3.8 4.3 Food Industries 7.74 41.9 62.5 91.2 96.1 97.9 106.0 210.9 119.4 138.4 130.0 128.2 141.7 169.3 165.1 4.6 4.4 3.0 9.0 Beverage Industries 0.691 (117.0 293.7 142.4 296.1 262.6 347.0 387.9 279.2 303.6 415.7 573.0 540.61 11.2 21.2 Tobacco Industries 2.211 33.0 36.91104.5 102.9 99.7 94.2 106.9 107.7 112.5 124.9 121.7 139.7 134.3 139.21 6.2 5.7 1.7 4.6 Textiles 17.43 72.1 90.4 W.9 104.0 102.6 101.3 103.7 103.3 109.7 110.0 115.3 116.2 102.5 114.9 2.5 0.8 1.6 -0.1 Fmotnear & Other Wearing Apparels etc 0.34 39.4 62.0 99.5 92.5 99.9 91.0 90.7 80.4 73.1 75.8 70.2 95.6 77.4 99.1 5.2 3.1 -3.9 7.9 Hood & Cork except Furniture 0.49 19.8 45.4 21'.b 50.1 103.2 105.b 115.4 131.4 124.0 129.5 121.0 87.3 107.1 206.4 9.7 9.7 0.9 19.2 Paper Products 2.24 17.7 46.1 104.3 209.2 116.1 109.5 111.9 112.9 121.0 124.0 131.0 149.0 152.7 144.3 11.2 9.3 2.6 3.3 Leather I Fur Products except Footwear 0.32 119.7 163.9 93.6 114.9 109.3 110.5 102.8 104.2 71.5 72.3 103.5 93.7 84.7 78.1 3.6 -5.4 1.1 4.9 Rubber Products 2.22 25.9 46.2 101.9 112.7 121.0 123.1 121.7 127.9 143.2 142.7 150.3 152.6 163.5 172.9 6.6 7.5 3.6 4.9 Chemical & Chesical Products 1o.90 28.2 42.9 112.2 126.8 123.0 132.9 155.4 171.6 192.6 187.3 183.3 207.6 217.0 2*.4.3 10.0 9.3 5.6 7.0 Petroleue&cal Products 1.62 3.7 33.5 206.2 111.4 113.0 129.6 124.8 132.7 140.9 153.4 137.4 260.6 174.8 287.9 27.7 12.2 2.9 11.0 norMetallic rlneral Products 3.33 19.9 51.1 109.7 115.7 118.1 119.0 140.8 147.4 152.4 157.7 159.8 167.Y 176.6 I27.5 11.1 6.9 4.3 5.5 Bsie Metal Indstries 9.94 22.1 47.6 102.9 102.2 104.2 116.4 139.7 144.9 144.9 139.9 133.7 148.2 158,2 158.3 8.9 6.5 3.0 5.8 M:etal Products excluding Mlachinery&Transport Equipment 2.77 12.6 40.9 105.5 107.8 122.0 124.6 131.8 137.0 154.9 162.7 150.5 149.7 157.9 167.0 14.0 9.0 4.0 3.5 WIg.of Machinery except Electrical Machinery 5.55 5.4 24.5 115.9 144.2 152.9 159.6 165.0 179.9 202.2 204.9 220.1 234.1 '39.2 250.5 19.3 14.5 7.4 4.4 Electrical Machinery, Apparatus&kpliances 5.32 7.1 .27.1 105.4 113.3 113.1 120.3 12Y.9 145.5 151.2 163.3 170.0 180.0 190.2 277.3 26.1 14.0 5.5 1.4 Transport Equipment 7.39 14.7 74.9 200.3 109.6 209.0 106.3 149.2 124.5 124.6 125.5 130.2 142.9 142.4 147.4 I.9 1.5 2.9 4.2 Niscellaneous Industries 2.68 14.2 83.3 95.7 94.9 79.3 73.3 90.6 9.0 133.4 120.6 109.2 99.4 88.9 n.a. 21.7 1.7 1.5 n.a III Electricity Generated 9.23 20.7 29.9 107.2 114.8 124.1 38.6 160.3 165.4 293.6 193.0 297.3 220.4 236.0 247.4 12.1 12.5 7.0 7.9 IV Gieneral Index 100.00 29.7 54.3 104.4 111.1 113.1 129.2 2.33.7 138.3 147.7 149.5 150.6 164.6 172.0 179.7 6.9 6.0 4.2 6.1 lotes:The Indices available an different bases.have been converted to base 2970. Sources: 1. S3. Monthly Statistics of the Production of Selectd Industries of India, March 1979, Volume II. 2. CSO, Monthly Abstract of Statistics. various issues. -62- Table 8.2 INDEI OF INIIIUSIRUIL MDUCTION - 9Y USE BASE MD 117 B0ASE uBase 19701OOl Annual averqge Growth rates 17 per annul 1960- 1970- 2100 Industrn group Weight 1960 2971 1912 1973 1974 1975 976 19717 197 1979 1990 1981 1982 1993 1970 1990 1983 I.Use-Dased classificatiu I.bsic Industries 32.28 45.1 104.6 113.0 109.5 113.9 129.0 147.5 155.0 112.4 166.2 264.b 188.6 203.6 214.8 8.29 5.11 9.20 2.Capital Goads Industries 15.74 44.5 105.4 106.2 123.6 129.5 130.1 143.8 151.7 156.9 260.4 169.1 191.1 180.1 187.9 9.43 5.33 3.78 3.Internediate Goods Industries 20.95 13.0 104.0 111.2 114.2 112.3 113.7 122.2 125.9 135.1 139.5 140.7 145.9 126.6 160.3 4.73 3.47 4.44 4.Consu.er Goods Industries 31.03 64.6 103.4 108.2 107.9 109.7 107.4 119.4 126.0 139.3 135.3 135.9 147.0 155.5 156.1 4.47 3.12 4.73 4.1 Durable Soods 2.92 40.1 110.8 111.7 113.0 125.2 206.0 120.0 137.0 147.9 156.9 212.3 162.1 119.0 168.3 9.57 4.96 1.22 4.2 Ntn-Durable Gods 28.11 72.6 202.4 107.8 107.2 107.0 107.6 119.2 124.6 137.1 132.7 132.7 145.1 154.0 154.7 3.25 2.97 5.25 B.Input-Based Classification l.Aqro-Based Industries 33.68 76.3 100.5 105.7 105.5 104.5 106.1 112.2 114.9 124.5 121.6 125.3 133.1 137.7 143.6 2.74 2.29 4.65 2.Netal-Iased Industries 21.93 42.4 105.2107.1 119.9 126.1 123.1 135.4 144.8 154.3 157.7 162.2 171.4 172.5 179.5 8.96 4.96 3.24 3.Chesical-Based Industries 12.96 40.9 111.? 122.1 125.0 123.0 128.9 151.0 161.4 177.8 183.1 178.8 202.9 213.6 219.9 9.39 5.99 7.12 C.Sectoral Indicators 1.Transport Equipmnt & Allied Industries 10.79 58.7 102.9 100.0 111.5 118.4 116.1 132.6 130.! 132.0 134.5 131.6 149.8 153.7 264.5 5.47 3.17 6.39 2.Electricity & Allied Industries 14.53 29.0 106.4 Ilb.7 119.7 127.4 131.5 147.8 158.2 171.7 182.2 187.3 205.7 215.6 221.9 13.18 6.49 5.80 3.Energy Output 19.51 n.a 102.7 110.2 111.9 119.3 132.0 146.6 151.4 163.1 171.6 171.0 197.6 217.5 233.1 n.a 5.51 10.E9 D.General Inde 200.00 55.3 104.2 110.2 112.0 114.3 219.7 131.4 139.3 147.9 149.5 150.6 264.6 172.0 179.7 6.10 4.19 6.07 Notes: 1. Data prior to 1970 available with base 1960=100 have been converted to base 1970. 2. Sane of the industries represented in the series of Index lNmbers of Industrial Production (1970=100) do not find place in any of the groups B 1 some occur in both the classifications. Source: Reserve Dank of India, Report an Currency and Finance, various issues -63- Table 9.3 1 cbg in PRODUCTION OF SELECTED INDUSTRIES April-Sept April-Sep14 ------------over Units 50/1 bO/I 70/i 7516 77/8 78/9 79/0 90/1 81/2 92/3 9314 1903 1994 April-Sep93 la] (a) 1. HINIK Coallincluding lignitel mIn.tons 32.8 55.7 76.3 102.7 104.6 105.1 106.9 119.8 130.1 136.9 144.9 67.2 68.2 1.49 Iron Ore eln.tans 3.0 11.0 32.5 42.2 44.0 38.6 39.0 42.2 40.9 41.6 3.8.2 15.9 17.0 6.92 Petroleu. Crude *In.tons n.a 0.4 6.8 8.4 10.9 11.6 11.8 10.5 6b.2 21.1 26.0 12.4 13.? 12.10 II.HETALLUREICIL INSTRIES Pig Iron *In.tons 1.7 4.3 7.0 9.5 9.5 9.5 9.6 9.6 9.7 9.6 9.2 4.2 4.4 4.76 Steel Ingots (lh mln.tons n.a n.e 6.1 8.3 9.9 10.1 9.9 10.3 11.0 11.0 10.5 4.9 5.0 2.04 Finished Steel mln.tons 1.0 2.4 4.6 5.8 7.0 7.7 6.9 6.8 7.9 SI 6.1 2l.7 3.1 14.81 Aluminum [virgin metall '000 tons 4.0 18.3 168.8 197.3 178.5 213.7 IP1.9 299.1 20B6. 211.5 220.3 96.6 135.5 40.27 I2I.MECH4NICAL ENSINEERINS INIDUSTRIES Machine Tools nIn.Rs. 3 70 430 1137 1076 1328 1652 1962 2499 2699 2724 1227 134B 9.86 Sugar Mill Machinery mln.Rs. n.a 44 139 '30 410 352 316 242 263 415 499 254 217 -14.60 Cotton Textile Machinery lna.Rs. n.a 104 303 1313 1436 2930 2362b 3032 3472 3294 3512 6b85 n.a n.a Cement Kachinery mIn.Rs. n.a 6 42 57 231 387 253 336 437 453 449 214 271 26.64 Ralvay Haqonslcl * 000 nos. 2.9 11.9 11.1 12.2 12.2 11.6 12.1 13.6 17.0 15.4 17.4 7.7 6.6 -14.30 Automobiles '000 nas. 16.5 55.0 97.9 72.7 94.4 103.4 104.6 121.1 154.4 151.4 158.2 75.4 98.0 16.71 0 Comercial Vehicles 000 nos. 9.6 29.4 41.2 43.8 41.0 57.6 57.4 71.7 91.1 86.0 88.3 41.0 44.4 8.29 ii) Passenger Cars I Jeeps D000 nos. 7.9 26.6 46.7 28.9 43.4 45.8 47.2 49.4 63.3 65.4 69.9 34.4 43.6 26.74 Motor Cycles & Scooters '000 "as. n.a 29.4 97.0 182.7 226.0 254.9 246.6 317.1 316.2 399.8 440.1 211.3 247.7 17.23 Diesel Engines(stationry) '000 nos. 5.5 44.7 65.0 135.5 133.8 143.5 144.6 173.9 174.5 156.5 156.1 77.4 83.3 7.62 Diesel Engines (vehicularl .000 nas. n.a 10.8 3.2 4.2 3.2 3.6 2.4 5.2 7.1 5.8 4.2 2.6 4.4 69.23 Power Driven Pumps 'DOO nos. 35 109 259 275 355 378 347 431 373 461 492 241 228 -5.39 Sewing Machines .000 nos. 33 303 235 269 367 206 385 335 343 309 341 173 171 -1.16 Bicycles '000 nos. 103 1071 2042 2332 3183 3743 3736 4199 5051 4782 5830 2913 3019 3.64 IY.ELECTRICAL ENGINEERING INDUSTRIES Power Transtorers mln.k.v.a 0.2 1.4 9.1 13.7 1b.1 .20.5 18.6 19.5 21.5 28.6 23.1 10.0 11.4 14.00 Electric Motors m1n.h.p 0.1 0.7 2.7 3.7 4.0 3.9 3.7 4.1 5.3 4.9 5.4 2.3 2.2 -4.35 Electric Fans *ln.nos. 0.2 1.1 1.7 2.1 3.4 3.1 3.9 4.2 3.8 4.1 4.7 2.27 2.34 3.08 Electric Lamps mln.nos. 14.0 43.5 119.3 132.8 168.5 180.4 203.5 198.1 266.3 271.4 275.7 130.4 140.2 7.52 Cables - Alurnnm '000 tons 2.7 23.6 64.2 59.9 57.6 67.5 69.1 86.0 70.3 50.4 45.9 19.5 22.0 12.92 (a) Provisional. (bh Including mini-plants. (ci Data for 1950/51 relates to calendar year. -64- Table 9.3 (cotd...) PRODUCTIOI F SELECTED INDUSTRIES 7 ch; an April-Sept April -Sep34 ___------ over Units 50/1 60/I 70J1 7516 7718 7091 7910 9011 81/2 8213 13/4 1993 19M April-9Sp83 v. CHEMICAL L ALLIED INDUSTRIES Nitrogmnous Fertilizers '000 tons 9 9S 630 1535 2014 21D0 2226 21b4 3144 3424 3495 1485 1724 16.0 Phosphatic Fertilizers '000 tons 9 52 229 320 662 770 757 842 949 900 1049 459 609 32.97 Soda Ash '000 tans 45 152 449 555 573 591 556 563 632 621 792 339 382 12.68 Caustic Soda '000 tons 12 101 371 458 521 564 550 578 614 577 630 299 336 12.37 Paper and Paper Board '000 tans 116 350 755 036 %1 1011 1050 1149 1243 1205 1182 593 674 13.:4 Automobile Tyres oln. nos. o.a 1.4 3.9 5.4 6.2 7.1 7.1 9.0 0.7 9.9 9.0 4.6 5.4 17.39 Bicycle Tyres *In. nos. n.a 11.2 19.2 24.5 28.5 32.2 27.6 27.0 26.6 27.3 32.9 13.8 16.0 15.S4 Ceeent eln. tons 2.7 8.0 14.3 17.2 19.3 19.3 17.6 19.6 20.9 23.3 27.1 12.6 14.7 16.67 Refined Petroleum Products eln. tons 0.2 5.0 17.1 20.9 23.2 24.2 25.8 24.1 25.2 31.1 32.9 16.0 15.7 -1.89 VI.TEITILE INDUSTRIES Jute Textiles '000 tons 837 1302 1060 1302 1178 1047 IM 2392 1334 1338 1089 591 676 14.3U Cotton Yarn sIn. kgs. 534 907 929 1002 843 947 S51 1067 999 9m9 1118 547 572 4.57 Cotton Cloth bln. metres 4.2 7.4 7.6 0.1 6.0 7.6 7.5 9.4 9.0 9.0 9.9 4.3 4.4 2.33 i* Kill Sector bIn. metres 3.4 4.4 4.1 4.0 3.1 3.3 3.2 3.4 2.9 2.4 2.7 1.4 1.3 -7.14 ii) Decentralised Sector bln. metres 0.8 3.0 3.5 4.1 3.7 4.3 4.3 5.0 5.1 5.6 6.0 2.9 3.1 6.90 VII FOOD INIDUSTRIES Sugar (b) '000 tons 1134 3510 3740 42b4 6462 5044 3859 5148 8439 9232 589Y 2082 0n -61.20 Coffee '000 tons 21.0 h2.i 71.4 90.7 103.6 114.9 120.2 139.5 136.4 135.9 113.1 66.6 64.2 -3.60 Vanaspati '000 tans 170 401 559 500 572 679 618 753 965 996 089 464 452 -2.59 Tea *In. kbs. 277 376 423 493 557 576 537 561 552 567 604 375 419 11.73 VilIl ELECTRICITY 6ENERATED Ic) bIn. kmh 5.3 33.0 55.9 79.2 91.4 102.5 104.6 110.8 122.1 130.2 139.9 66.2 75.9 14.65 (a) Provisional. (bi Annual fiqures relate to the sugar season Lhich is October - September from 1916769. Earlier it mas November-October. (cl Relates to public utilities only. Source: Ministry of Industry, Office of the Economic Adviser. -65- Table 8.4 CAPACITY UTILISATION OF SELECTED INDUSTRIES (in percentages) Height 2970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1911 1982 1913 la) A. baic Industries 16.98 55 56 59 56 56 6O 65 63 63 57 59 63 59 54 Nitrogenous fertisliers 0.87 57 59 72 64 56 59 71 67 64 69 54 65 66 65. Phosphatic fertilisers 0.52 53 56 67 69 54 59 61 67 75 70 64 71 71 69 Cement 1.17 92 1 80 76 72 77 87 98 9B 80 73 72 75 79 Pig Iran for sale 0.76 65 50 69 76 77 56 Ill 83 90 62 77 52 49 55 Saleable Steel 3.08 67 67 71 64 73 86 103 94 82 69 86 79 59 Aluminium 0.55 92 106 91 79 66 73 84 61 67 65 62 66 67 63 Electricity 9.23 43 45 45 46 44 45 47 44 49 45 44 46 47 45 B. Capital goads Industries b.69 79 90 81 74 64 57 57 60 61 62 62 75 67 69 Dalllroller bearings 0.48 114 101 109 104 105 81 110 91 94 77 92 2I1 54 89 Diesel Engines (stationary) 0.64 44 54 42 75 38 47 35 43 42 41 44 55 50 51 Storage fatteries 0.22 109 99 96 97 76 70 63 65 66 65 66 75 75 72 Dry cells 0.32 102 103 100 95 52 42 46 49 62 66 77 7S 77 69 Power transformers 1.45 121 135 140 94 03 61 59 66 66 70 60 66 56 60 Electric motors 0.35 96 89 107 60 60 90 56 60 60 56 57 67 65 74 Railway wagons 1.13 37 26 31 35 33 36 33 42 3S 41 37 57 52 54 Comercial vehicles 1.25 65 66 60 68 65 59 62 59 65 70 93 89 86 83 Passenger cars 0.49 76 83 83 89 79 50 67 79 66 56 58 90 80 85 Agricultural tractors 0.33 56 51 41 55 SO 65 73 65 90 102 100 110 76 9l C. Intermediate Goods Industries 11.67 93 BB 85 81 77 74 74 78 94 94 95 B6 77 72 Jute manufactures 2.71 73 84 85 80 73 76 8O 85 09 59 106 105 100 70 Cotton spinning 6.24 78 79 79 70 77 69 68 76 90 79 77 77 66 67 Autombile tyres 1.10 llS 129 99 79 56 8O 83 79 09 100 92 91 79 83 Petroleum products 1.62 93 93 92 93 79 92 75 83 97 85 75 57 82 85 D. Consuwer Goods Industries 15.41 91 99 52 82 O2 77 77 90 95 81 75 80 81 77 Sugar 2.75 120 101 79 96 92 106 91 93 116 97 70 01 129 124 Cigarettes 2.21 112 117 110 95 93 80 89 71 74 76 74 84 91 75 Vanaspati 0.68 64 60 57 44 31 40 42 45 51 49 55 63 66 65 Soaplorganised ssector) 0.61 107 121 130 105 99 118 129 225 150 129 141 145 135 109 Paper and paper board 2.17 101 87 87 8b 92 76 79 92 80 74 67 73 61 59 Cotton cloth ill 5.34 69 72 70 73 73 67 68 76 79 79 77 78 59 65 Rubber footear 0.44 82 81 82 75 77 71 72 75 69 72 78 65 69 66 Radio receivers 0.97 77 86 76 64 75 52 59 63 62 69 62 63 50 39 Electric fans 0.24 95 108 83 76 78 73 79 110 94 119 lIb 99 54 90 Average for 30 industries 50.75 76 76 75 72 69 68 71 71 74 71 70 75 71 67 (a) Height in Index of Industrial Production. Source: Industrial Development DaO of India Annual Report, various issues. * -66- Table 9.5 CUMULATIVE INVESTMENT IN PUBLIC SECTOR ENTERPRISES (in Rs million) 1973 1974 1975 1976 1977 1978 1979 1990 1981 - 1992 1993 A. Enterprises Producing S Selling Goads Steel 18399 20252 22177 25704 28643 30566 31023 34793 41138 49079 51472 Minerals & Metals 6665 8712 10230 13795 184(0v 20761 26707 32003 36341 50672 59075 Petroleum 3783 3600 4291 4447 6499 8168 8932 10465 15062 21005 30341 Cheeicals & Pharmaceuticals 6492 8181 10524 13932 18237 21226 27375 30742 33377 35733 39190 Heavy Engineering 6574 6748 6924 7762 8039 8267 9273 9762 10967 12263 14335 Medium & Light Engineering 1225 1463 1676 1921 2159 2428 2622 3150 3541 4107 4952 Transportation Equipment 1897 2010 2287 2412 3354 3675 4907 5798 7001 7498 B166 Consumer Goods 484 583 578 754 808 913 1043 1128 1240 5592 6911 Agro-based Enterprises 80 92 91 105 115 140 154 198 215 235 306 5ub-total 45598 51641 58768 70832 86242 96144 li2l1b 128039 148981 186264 213748 B. Service Enterprises Trading & Marketing Services 2926 3090 3164 4676 5277 5651 6145 7462 6864 7590 798 Transportation Services 4220 5281 6396 8607 9333 10796 12541 13762 16544 17056 20900 Contracts i Construction Services 158 159 226 291 381 481 729 953 1244 2010 2441 Industrial Developeent & Technical Consultancy Services 60 46 41 53 39 68 153 725 633 1007 882 Development of Small Industries 296 341 368 426 463 339 314 298 309 377 390 Tourist Services 137 177 183 202 201 209 246 317 369 488 783 Others 1183 1229 2573 2660 3708 9837 11886 15998 17414 19951 24637 Sub-total (a) 89980 10323 12951 16915 19402 27380 32014 39515 43377 48468 57970 C. Enterprises under Construction 1129 407 889 1978 5321 9624 10961 1469 18767 14426 10755 D. TOTAL (A + B + C) 55707 62371 72608 89725 110965 133148 155091 182250 211025 249158 292474 (b) Notes: This breakdown of investment by industry consists of equity participation and loans disbursed from the Central and State Governments and from private parties both local and foreign. Excluded from the totals are rwoking capital (generally financed by the State Bank of India) and investment financed by the enterprises out of their own net earnings. The cumulative investment is as of larch 31 each year. (a) Includes investment in National Textile Corporation and subsidiaries.and insurance companies for the years 1978-1993. (hi Excludes investment in Central Power Undertakings. Source: Ministry of Finance, Bureau of Public Enterprises, various issues of the Annual Report on the Morking of Industrial and Commercial Undertakings of the Central Government. -67- Table 8.6 PRODUCTIN. ItRTS AND CuIuPTaI OF FERTILIZERS (000 nutrient tons) Year Nitrgenous (a) Phosphatic (bh Potassic Total (April-HaTch) Produ- lu- Consu- Produr e- Consu- la- Consu- Prods- Im- Consu- ction ports aption ction ports mption ports eption ctimn ports ption 19511S2 28.9 29.8 58.7 9.1 15.5 6.9 7.7 - 38.7 52.0 15.6 1952/53 53.1 44.0 57.8 7.4 - 4.6 3.0 3.3 60.5 47.0 65.7 195354 52.9 19.0 89.3 13.8 - 8.3 7.0 7.5 66.7 26.0 105.1 1954/55 69.5 20.0 94.9 14.3 - 15.0 11.0 11.1 82.8 31.0 120.9 s55s5s 76.9 53.0 107.5 12.4 - 13.0 i.O 10.3 89.2 63.0 130.9 1956/57 79.9 57.0 123.1 17.6 - 15.9 25.0 14.6 96.4 72.0 153.8 1957/50 81.1 ltO.0 149.0 25.8 - 21.9 13.0 12.8 106.6 123.0 129.7 1958/59 80.8 97.0 172.0 31.0 - 29.5 22.0 22.4 111.9 119.0 223.8 1959/60 93.7 142.0 229.3 51.4 4.0 53.9 33.0 2I.3 135.1 179.0 304.5 1960161 112.0 399.0 211.7 53.7 - 53.1 20.0 29.0 165.7 419.0 293.8 1961/62 154.3 307.0 249.9 65.4 - 60.5 75.0 28.0 219.7 382.0 335.3 1962/63 194.2 244.0 333.0 99.3 lo. 9S2.8 41.0 36.4 282.5 295.0 452.2 1963t64 219.1 228.0 376.8 107.8 13.0 116.5 40.0 50.6 326.9 ZULO 543.9 1964/65 243.2 23Z.0 555.-2 131.0 12.0 148.7 57.0 69.3 374.3 301.0 773.2 1YiSi66 237.9 326.0 574.8 118.8 14.0 132.5 73.0 77.3 356.7 413.0 784.6 1966/67 309.0 632.0 737.8 245.7 148.0 248.6 118.0 114.2 454.7 398.0 1100.6 1967/68 402.6 867.0 1034.6 207.1 349.0 334.8 270.0 169.6 609.9 1486.9 2s3. 9 1968169 563.0 844.0 1208.6 213.2 138.0 382.1 213.0 270.0 776.2 1195.0 1760.7 969170 73.6 667.0 1356.0 2N3.7 94.0 426.0 120.0 210.0 954.3 881.0 1982.4 0970(71 832.S 477.0 1479.0 228.1 32.0 541.0 120.0 236.3 1060.6 629.0 2256.0 1971!72 949.2 481.0 1793.0 290.3 248.0 558.21 268.0 300.6 1239.5 M99.0 2656.9 1972J73 1054.5 665.0 1539.0 330.3 204.0 581.3 325.0 347.6 1384.8 !194.0 2767.9 1973,74 1049.9 659.0 1829.0 324.5 213.0 649.7 370.0 359.E 1374.4 1242.0 2838.6 1974/75 1186.6 984.0 1765.7 331.2 296.0 471.5 437.0 336.1 1517.2 1607.0 2573.3 1975/76 150E.0 996.0 2149.6 329.7 361.0 466.E 278.0 276.4 1827.7 1635.0 2993.8 !976177 IB62.4 750.1 2456.9 471.3 22.8 634.7 277.8 319.2 2340.7 1050.7 3411.0 1977(78 I99.8 755.1 2913.0 669.9 163.9 866.6 598.9 506.2 269.4 1520.9 4295.8 1979179 2173.0 1233.1 3419.5 778.0 243.5 1106.0 517.4 591.5 951.0 1994.0 5116.9 1979(90 2224.3 1295.3 3498.2 763.1 237.1 1150.9 473.2 606.4 2987.4 2005.6 5255.4 19908el 2163.9 1510.4 3679.1 841.5 452.2 1213.6 796.5 623.9 3005.4 2759.0 5515.6 9I29/82 3143.3 1055.1 4068.7 949.7 343.2 1322.3 643.8 676.2 4093.0 2042.1 6067.2 1982183 3429.7 424.6 4224.2 953.7 63.4 1435.9 643.7 726.5 4413.4 1131.7 6396.6 1983/84Wd2 3487.1 656. 5236.0 1056.5 142.6 1757.0 556.4 79.2 4543.6 1355.1 7792.2 Average Compound rowth Rate(Z per annua) 1950/51- 75/76 17.9 15.9 26.2 15.6 14.0 19.2 16.1 17.9 (c) 17.4 15.5 17.1 1970/71- 8o/81 10.0 12.2 9.5 23.9 30.3 8.4 20.8 10.2 12.0 15.9 9.4 19809l1 -2.7 16.6 5.1 10.3 90.7 5.4 68.3 2.9 0.6 37.6 5.0 1981182 45.3 -30.1 10.6 12.9 -24.1 9.0 -19.2 8.4 36.2 -26.0 20.0 1992r83 9.1 -59.8 3.7 3.6 -81.5 9.6 n.s 7.4 7.8 -44.6 5.9 19s3/4 1.7 54.5 24.0 7.4 124.9 rA.36 -13.6 20.0 3.0 .3 22.0 Notes: Far the years 1951/52 to 1960/61 distribution figures are taken for consuaptan. Cal Excludes nitrogen eeant for non-agricultural purposes. (bl Excludes data in respect of bonemeal and rockphosphate. tc) Relates to the pericd 1955156-1975/76. (dt Fiqures for consumption are provisional. -68- Table 8.7 INDIAN RMILUAYS - FREIGHT * PASSENGER TRAFFIC Revenue Earning Freight Traffic Passenger Traffic NMn-Suburban Traffic Suburban Traffic (al QriginatiRg Met tons- Average Passengers Passenger- Average Passenger Passenger- Average Year tonnage kilometers lead originating kilomwters lead originatinq kilometers lead (mln.tons) trillion) (kilometers) (million) (million) (kilometers) (million) (million) lkiloweters) 1950151 73.2 37565 513 872 59966 69.5 412 6551 15.9 1Y55156 92.2 50435 541 780 54273 69.6 495 8127 16.4 1960161 119.8 72333 603 914 65995 72.1 680 11770 17.3 1965166 162.0 98978 611 1064 79130 74.4 1018 17164 16.9 19701n7 167.9 110696 659 1212 95136 78.5 1219 22984 18.9 1971172 170.1 116894 687 1261 101079 80.2 1275 24250 19.0 1972173 175.3 121164 691 1268 106931 84.3 1385 26596 19.2 1973174 162.1 109391 675 1217 107627 88.5 1437 29037 19.5 19741m 173.6 121374 699 1056 99097 93.9 1373 27157 19.8 1975176 196.8 134574 685 1306 115899 E8.7 16i9 32B62 20.1 19761m 212.6 144030 677 1498 126754 84.6 15O2 37082 20.6 1977178 210.8 150250 713 1576 137201 57.1 1928 30433 20.4 197117 199.6 143870 721 1606 149546 93.1 2113 43439 20.6 1979180 193.1 144559 749 1602 159927 99.5 1903 35730 20.4 1990181 195.9 147652 754 1613 167472 103.9 2000 41086 20.5 19B5112 221.2 164253 743 1640 176822 107.8 2064 43965 21.3 1982183 228.8 167781 733 1626 181142 111.4 2029 45789 22.6 1993184 230.1 168849 734 1491 150808 121.3 1534 42127 23.0 (a) Passengers booked between stations within the suburban areas of Bombay, Calcutta and Madras. Source: finistry of Railways -69- Table 8.5 PETRL SEUWIM S COMMODITY MAACE OF PETRULEl AND PEUOLETII PRODUCTS (HIillion Tones) 70/71 75/76 76/177 77178 7B179 79/80 80181 81/12 82183 83/84 84UB5 [a] A. CRUDE PETROLEUM I.Refinery Throuqput 18.4 22.3 23.0 24.9 26.0 27.5 25.8 30.1 33.2 35.3 35.2 2.Damestic Production 6.8 8.4 8.9 10.8 11.6 11.8 10.5 16.2 21.1 26.0 29.0 (a) On-shwre 6.8 9.4 B.5 8.7 8.3 7.3 5.5 8.2 8.2 8.6 8.7 (b) Off-shore - - 0.4 2.1 3.3 4.5 5.0 8.0 12.9 17.4 20.3 3.1mports 11.7 13.6 14.0 14.5 14.7 16.1 16.2 15.3 16.9 16.0 14.1 4.Exports - - - - - - - 0.8 4.5 5.5 7.0 5.Met liports(3-4) 11.7 13.6 14.0 14.5 14.7 16.1 16.2 14.5 12.4 10.5 7.1 B. PETROLEUM PRODUCTS I.Doaestic Consumption lb] 17.9 22.4 24.1 25.5 28.2 29.9 30.9 32.5 34.7 35.8 3B.4 of which: (a) Maphtha 0.9 1.8 2.2 2.3 2.5 2.4 2.3 3.0 3.0 2.8 3.2 (b) Kerasene 3.3 3.1 3.3 3.6 4.0 3.9 4.2 4.7 5.2 5.5 6.0 (cl High Speed Diesel 3.8 6.6 7.1 7.7 8.6 9.8 10.3 10.8 12.0 12.6 13.5 (dl Fuel oils 4.7 5.8 5.7 5.8 6.7 7.1 7.5 7.2 7.3 7.6 7.9 2.0amestic Production 17.1 20.8 21.4 23.2 24.2 25.8 24.1 28.2 31.1 32.9 32.8 of which: (a) Napbtha 1.2 1.9 2.0 2.1 2.3 2.4 2.1 3.0 3.0 3.6 3.6 (b) Kerosene 2.9 2.4 2.6 2.5 2.5 2.5 2.4 2.9 3.4 3.5 3.3 (c) High Speed Diesel 3.8 6.3 6.4 7.1 7.4 8.0 7.4 9.0 9.8 10.9 11.0 (d) Fuel oils 4.1 5.1 4.7 5.3 5.6 6.4 6.1 6.9 0.0 8.0 7.7 3.1sports 1.1 2.2 2.6 2.9 3.9 4.7 7.3 4.9 5.0 4.3 7.2 4.Exports lc] 0.3 0.2 0.1 0.! 0.1 0.1 n.s. 0.1 0.8 1.3 0.8 5.Net Imports 0.9 2.0 2.5 2.8 3.9 4.6 7.3 4.8 4.2 3.0 6.4 Notes: Eal Estimates. lb] Excludes Refinery fuel Consumption. Ecl Excludes Supplies of POL products to Nepal. Source: Ecanoic Survey 1984/85. -70- Table 8.9 COMPARISON OF DOMESTIC AND INTERNATIONAL PRICES FOM PETROLEUN PRODUCTS (Annual average prices RsIkl) 73/74 74175 75176 76177 77/78 78J7Y 79/80 80/81 81/82 82183 Mlotor gasoline (domestic) 1821.61 2831.64 2944.88 2944.88 2M3.84 3091.80 3761.84 4496.04 5291.41 5438.07 Ecii) 416.53 779.07 958.85 1058.34 1055.01 1126.40 1615.02 2188.77 2599.94 2030.47 domestic as I of cif 437.33 363.47 307.13 278.25 279.98 274.49 232.93 205.41 203.52 267.82 Kerosene (domesticl 656.72 890.95 990.03 1084.24 1085.87 1111.10 1264.37 1316.30 1503.42 1597.81 (cifl 388.10 717.10 860.32 Y62.97 974.49 1058.48 1551.94 2261.58 2775.40 2205.02 doestic as Z of cif 169.21 124.24 115.08 112.5Y 111.43 104.97 81.47 58.20 54.17 72.46 High speed (domestic) 759.50 871.60 992.16 1094.89 1096.50 1121.95 1279.03 1917.52 2561.00 2666.32 diesel oils (cif) 347.39 699.13 897.75 902.14 21.93 1015.58 1501.87 2178.58 2645.14 2110.89 domestic as Z of cif 218.63 124.67 110.52 121.37 118.93 110.47 85.16 88.02 96.82 126.31 Fuel oils (domestic) 284.99 633.29 780.34 883.07 883.58 889.06 1093.65 1908.48 2359.03 2436.39 (cifl 221.56 410.85 555.13 597.89 611.70 651.54 937.02 1313.68 1718.52 1301.08 domestic as I of cif 128.63 131.70 140.57 147.70 144.45 1-36.46 116.72 131.65 137.27 187.26 Sowrces: I.Government of India,Department of Petroleum, Indian Petroleum and Petrochesicals Statistics, various issues. 2. World Bank, Economic Analysis and Projections Department. -71- Table 1.10 ENERATIEN OF ELECIRICITY B8Y EGION (in 611) 70/71 711 72/73 73n74 74/75 75/7 76/77 77/78 78/79 79180 80/91 81192 82/183 8384 (a) (a) 1. Thermal (includes steam gas) Northern 5615 5915 6634 6410 8322 9B38 11300 11177 11168 12619 13671 145BO 17199 19991 lestern 84 10557 13370 12530 13600 14295 16172 IB431 19693 22386 25368 27725 32167 35790 Swthern 4031 4980 4Y24 5645 6248 6557 9637 7691 7451 7679 9218 11659 13435 14007 Eastern 9643 10112 11009 10392 11574 12136 13521 13177 13397 13059 12529 14559 15360 15846 North-Eastern 225 24B 290 344 366 476 615 614 685 531 496 764 924 958 All-India 29162 31712 36217 35321 40110 43302 50245 51090 52594 56273 61301 69515 79975 B6622 11. Hydra Northern 7089 9243 8765 9420 7314 10110 11464 11348 159 15477 1599 16717 18536 19009 lestern 5005 5518 4660 5396 6494 6439 7651 9646 9064 7945 7812 7161 6550 7738 Southern 11436 12286 12029 1193A 11969 13639 13077 14841 18921 135 20293 21367 20247 19430 Eastern 1559 1784 1521 2036 1874 2932 2456 2930 3021 2334 2962 3082 2562 3147 Nhrth-Eastern 160 193 221 200 224 19 198 242 255 367 406 43B 480 519 All-India 25240 28024 27196 28972 27975 33302 34836 39007 47159 45477 46542 49565 48375 49842 III. Nuclear Northern - - - 497 749 533 1095 199 493 1131 1229 1057 552 1190 Western 2417 1189 1133 1909 1458 2094 2157 2074 2287 1746 1774 1964 1470 1957 Southern - - - - - - - - - - - - - 45 All-India 2417 1189 1133 2396 2206 2627 3252 2272 Z770 2B77 3001 3021 2022 3492 IY. Utilities - All India (I throuqh 1111) 558 60925 64546 666B9 70191 79231 B9333 91369 102523 104627 110844 122101 130272 13956 V. Self-Generation in Industry and Raulways(bI 5384 5459 5970 6107 6489 6695 7292 7559 7607 8193 8417 9024 9200 n.a. YE. Total - All India (IV and Vl 61211 66384 70516 72796 76679 85926 95615 9B929 110130 11220 119261 131125 13912 n.a. (a) Provisional. Ib) Figures for 1952/93 are estimates. Source: Central Electricity Autharity,Porer Data Dank I Information Directorate -72- Table 8.11 ELECTRICITY CONSUIPTION BY SECTORS (in 000 GUHI fining & Year llanufac- Trans- Do- Agri- (April - harch) turing (a) part mestic culture Others Total 1953154 5.00 0.60 0.70 0.20 1.10 7.60 1955/56 6.30 0.70 0.80 0.30 1.30 9.40 19b0/61 11.60 0.80 1.50 0.80 2.20 16.90 1970/71 34.35 1.43 3.83 4.54 4.50 48.65 1971172 36.46 1.67 4.11 5.00 4.68 51.92 1972173 37.54 1.79 4.31 5.92 4.86 54.42 1973/74 37.91 1.57 4.64 6.31 5.28 55.71 1974/75 38.42 1.56 5.17 7.76 5.47 58.j3 1975176 43.46 1.89 5.82 8.72 6.28 66.17 1976/77 47.98 2.21 6.34 9.62 6.88 7.03 1977178 49.29 2.34 6.82 10.11 7.39 75.95 1978179 54.44 2.22 7.58 12.03 7.78 84.05 1979/80 53.20 2.33 8.40 13.45 7.98 85.36 1980/81 55.35 2.31 9.25 14.49 8.30 89.70 1981/82 60.85 2.55 10.44 15.20 9.04 98.08 1982/83 (b) n.a. 2.69 11.96 17.78 9.79 n.a. 1983184 (b) n.a 2.70 13.23 18.20 10.40 n.a Average Coapund Growth Rate (Z per annuw) 1953/54-75m76 10.33 5.35 10.11 18.72 8.24 10.34 1970171-80/81 4.89 4.91 9.22 12.31 6.31 6.31 1980181 4.04 -0.86 10.12 7.73 4.01 5.08 1981/82 9.94 10.39 12.86 4.90 8.92 9.34 1982/83 n.a 5.49 14.56 16.97 8.30 n.a 1983/84 n.a 0.37 10.62 2.36 6.23 n.a Notes: (a) Include industrial power froe utilities plus net generation in the non-utilities. lb) Provisional. Source: Central Electricity Authority, Power Data Bank & Inforeation Directorate -73- TabIe B.12 COL AND LIGNITE PRODUCTION 1973174-1993/94 (lMillion Tonnes) Trend Grth Rate [al lZ p.ai 73J74 74175 75/76 76177 77178 78/79 7918b 80/1 81182 82183 83104 73/74-93/84 Eastern Coal fields 21.1 23.2 26.2 26.5 25.3 22.1 20.5 ;!2.7 23.6 22.7 22.9 -0.5 Bharat Coking Coal 16.3 17.7 20.1 20.7 20.2 19.7 20.1 21.4 23.0 24.0 21.6 2.9 Central Coal fields 15.6 18.3 20.7 20.7 21.2 23.4 24.1 27.5 30.1 33.0 36.8 8.0 Western Coal fields 16.4 19.3 21.4 21.0 21.7 24.2 26.1 28.8 31.6 34.3 39.4 0.2 North- Eastern Coal field 0.4 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.7 0.7 0.8 4.9 Total: Coal India 69.8 79.0 89.0 89.5 89.0 90.0 91.4 101.0 109.0 114.7 121.5 4.8 Singareni Coal field 5.3 6.2 7.4 5.3 8.9 9.0 9.4 10.1 12.1 12.3 12.7 0.6 Others 3.1 3.3 3.3 3.3 3.1 2.9 3.1 2.9 3.2 3.5- 4.1 1.2 Total All-India lexcl.Liqnite) 78.2 88.5 99.7 101.1 101.0 101.9 103.9 114.0 124.3 130.5 138.3 5.0 Cakiag Coal [l] 15.8 20.1 22.2 23.7 23.3 22.5 23.5 24.4 30.2 30.2 31.2 5.6 Non- Cokinq Coal 62.4 68.4 77.5 77.4 77.7 79.4 80.4 89.6 94.1 100.3 107.1 4.8 Lignite 3.7 3.1 3.0 4.0 3.6 3.3 2.9 4.8 5.9 6.4 6.7 7.6 Total All-India (incl.Lignite) 51.9 91.6 102.7 105.1 104.6 105.2 106.8 118.5 130.2 136.9 145.0 5.1 [a] Annual Average Compound Growth Rates estimated by fitting seui-logarithmic least-square time trends to the relevant data. [bl Excludes Caking Coal used for Non-metallurgical purposes in 1983184. Sources: (1) Department of Coal. 121 Coal India lisited. -74- Table 9.1 INhIE NUMBERS OF WHOLESALE PRICES -BY YEARS1a) IDase 1970/71 = 1003 Z Chge 1984 Over E16NTS 501S1 55156 60/61 65/66 75176 76177 77/78 78179 79180 80/01 81/02 82183 1903 1984 1983 (bh COMUITY GMu2 TOTAL FOOD AR71- 297.99 47.5 36.1 48.1 71.3 163.6 155.3 -173.6 172.4 186.6 207.9 235.1 249.6 275.8 29.3 7.43 CLES Food grains 129.22 51.4 35.3 49.3 74.4 174.1 152.7 170.4 172.7 185.4 216.7 237.4 248.8 269. 279.4 3.52 Other food 168.77 44.5 36.7 47.2 68.9 155.6 157.3 176.1 172.3 187.5 201.2 233.3 250.2 280.3 309.2 10.31 INDUSTRIAL MN 118.68 42.6 35.0 51.9 67.5 171.4 197.0 209.4 204.0 256.1 311.5 336.1 369.3 347.9 387.6 11.41 MATERIALS Non-Food Arti- 106.21 45.6 35.9 52.7 68.6 139.8 167.4 170.8 170.4 194.6 217.7 240.5 292.9 270.4 314.5 16.31 cles Hinerals 12.47 47.3 67.3 74.9 78.8 440.4 449.4 477.0 490.6 779.9 1110.2 1168.6 1105.6 1007.6 1010.2 0.26 FUEL,PO1ER & LUBRIC- 94.59 46.9 49.3 61.0 76.9 219.2 230.8 234.2 244.7 293.1 354.3 427.5 459.7 485.2 513.0 5.73 ANTS *ANIFACTURED 498.74 47.4 45.3 60.1 74.5 171.2 175.2 179.2 179.4 215.8 257.3 270.6 272.1 289.5 313.4 8.63 PRODUCTS Food Products 133.22 49.5 31.7 51.4 71.1 181.4 199.1 184.3 157.0 214.8 309.7 2Y9.9 260.0 285.1 321.9 12.9! Deverage & tobacco 27.08 37.1 38.7 43.1 61.6 164.7 168.2 171.2 178.2 186.6 210.7 217.4 219.7 238.4 256.7 7.68 Textiles 110.26 51.0 52.5 65.7 75.7 147.3 155.3 172.8 179.9 203.2 212.7 Z23.9 232.8 244.3 270.3 10.64 Chemicals & chemi- 55.48 52.9 49.7 59.7 73.8 175.6 171.4 172.8 177.2 198.7 241.3 260.2 269.2 276.5 288.4 4.30 cal products Basic metals 1 59.74 30.8 42.6 54.3 72.5 184.8 190.1 193.9 211.1 251.9 272.1 317.1 354.6 375.5 406.1 8.15 Products Machinery & Trans- 67.10 46.1 57.4 65.5 79.7 172.6 170.1 172.6 183.6 215.9 239.4 265.1 277.9 297.5 297.5 3.48 part equipment ALL CDnUnITIES 1000.00 47.5 40.8 55.1 72.7 173.0 176.6 295.8 185.8 217.6 257.3 281.3 288.6 308.3 333.7 8.24 (a) The indices prior to 1970171,available on different base periods have been converted to base 1970/71. (bI Percent change in calendar year 1984 over 1983. Sources: 1.finistry of Industry, Office of the Economic Adviser. 2.H.L.Chandok, Wholesale Price Statistics 1947-1978, Published by the Economic and Scientific Research Foundation 1979. -75- Table 9.2 CONTRIBUTION OF SELECTED COMMODITIES TO INCREASE IN WPI IN CALENDAR YEAR 1984 1983 over 1984 Z Contribution to Change in Weights Z IlPIlI 1983 1984 Change 1. Agriculture 40.4 274.4 301.! 9.73 42.47 Ia. Food .8 2'75.8 296.3 7.43 24.05 Cereals 10.7 259.3 251.8 -2.89 -3.16 Pulses 2.2 322.3 415.7 28.98 9.09 Others 16.9 280.3 309.2 10.31 I9.23 lb. Non-Food 10.6 270.4 314.5 16.31 19.40 ii. Mlinerals 1.2 1007.6 1010.2 0.26 0.12 }11. Fuel and Power 8.5 495.2 513.0 5.73 9.30 Coal 1.2 505.1 626.4 24.02 5.73 Mineral ails 4.9 535.0 539.3 0.80 0.83 Electricity 2.4 373.6 402.6 7.76 2.74 IV. Mlanufactured Products 49.9 288.5 313.3 8.60 48.72 Sugar 7.2 284.7 331.0 16.26 13.12 Edible ails 3.7 291.3 325.7 11.81 5.01 Other food products 2.4 276.0 298.0 4.35 1.13 Textiles 11.0 244.3 270.3 10.64 11.29 Cement 0.7 404.4 448.6 10.93 1.22 Iron and Steel 3.5 410.8 448.7 9.23 5.22 Capital goods 6.7 287.5 297.5 3.48 2.64 others 14.7 290.1 305.8 5.41 9.09 ALL COMNODITIES 100.0 308.3 333.7 3.24 100.00 of which Agriculture-based 53.7 277.0 306.3 10.58 61.95 Non-Agricultural 46.3 344.7 365.5 6.03 37.91 [a] Weighted share of each commodity in total absolute change in Wholesale Price Index. Source: Ministry of Industry, Office of the Economic Adviser. -76- Table 9.3 PRICE INDICES OF SELECTED AGhICULTlRIAL CONIWDITIES la) ELECTED [BDUE 197017'llOOI Percent Change in COMUODITY GROUP WEIGHT 50/51 55/56 b0161 651/b 75176 77/76 70/79 79190 90/81 91/92 02/93 1993 2994 1914(cl lb) CEREALS 107.43 53.3 37.0 51.2 73.3 172.6 161.3 157.6 173.5 195.2 216.9 237.9 259.3 251.0 -2.29 Rice 51.31 48.4 37.0 51.2 67.9 178.0 I1Z.O 160.9 193.9 205.6 226.1 256.9 299.2 275.2 -4.94 tint 34.17 53.2 38.1 47.4 71.5 159.6 15b.5 153.9 160.7 176.2 191.6 214.1 222.6 211.6 -4.94 Jomar 9.39 77.2 31.4 56.9 89.0 175.6 157.4 154.9 167.6 194.2 241.5 221.5 235.9 243.4 3.10 PULSES 21.79 42.1 20.2 42.2 79.6 191.6 215.2 247.1 244.2 323.2 338.7 302.2 322.3 415.7 29B.9 Brans 10.39 50.5 25.9 45.9 .86.4 204.9 199.6 229.9 331.6 369.5 392.2 301.8 298.7 453.7 51.99 VEGETABLES * FRUITS 61.32 35.1 36.6 43.1 69.9 138.9 176.6 161.0 191.0 223.0 243.1 250.0 292.2 300.9 2.99 Potatoes 10.12 n.a 39.0 40.9 64.9 87.1 146.7 119.6 100.7 192.5 137.0 150.9 203.6 190.9 -11.15 Bananas 6.48 n.a 35.0 43.0 74.0 167.0 179.6 180.7 109.3 213.9 263.4 258.7 290.2 351.4 25.41 Oranges 4.30 n.a 34.2 45.4 77.0 117.9 136.6 139.4 211.4 163.5 194.2 204.6 293.5 222.0 -24.Zi Cashew Nuts 3.10 35.1 50.° 50.1 50.1 159.9 367.2 269.0 301.4 39.3 493.6 397.9 403.7 541.1 34.04 CONDINENITS It SPICES 10.94 33.9 23.5 27.3 40.6 186.5 182.4 175.9 140.7 122.2 170.6 196.3 186.1 264.1 41.91 Chillies 5.02 42.5 22.1 35.6 45.0 217.5 120.5 136.1 126.4 116.2 211.0 168.Y 120.7 238.6 97.69 FlERS 31.73 47.2 42.8 61.4 66.2 139.9 185.2 169.3 169.1 177.7 215.7 299.8 215.4 297.8 33.61 Raw Cotton 22.46 49.7 42.7 49.2 56.0 136.4 193.0 16B.6 164.4 182.9 227.3 199.5 209.5 262.3 25.20 Raw Jute 4.29 44.8 45.3 81.2 90.5 116. 149.6 146.6 138.5 129.4 137.3 162.9 214.1 419.1 95.29 OILSEEDS 42.01 39.2 23.7 41.b 67.1 125.9 193.5 159.0 195.7 230.7 253.8 250.0 284.1 329.7 15.70 Groundout 18.21 40.2 23.9 40.4 66.0 129.1 171.8 146.0 195.0 224.8 270.5 264.6 292.1 323.5 10.75 Rape & llustard 0.22 49.7 27.4 44.4 74.9 I19.9 229.7 196.2 209.2 269.9 265.1 243.7 292.9 306.9 4.78 OTHER COUIODITIES 45.59 68.7 56.9 70.1 75.9 140.3 156.6 170.9 196.1 207.2 225.9 262.2 310.9 335.7 7.99 Tea 12.49 90.9 75.4 90S. B9.2 175.0 252.2 212.5 233.0 226.6 242.9 296.2 405.9 493.0 21.U6 Coffee 1.61 39.5 43.7 46.6 63.1 117.0 120.6 121.9 129.0 129.0 139.0 142.1 159.1 211.9 12.94 Sugarcane 16.42 50.0 52.5 58.6 67.9 124.1 125.0 136.2 Ibb.0 1U0.6 199.9 190.6 197.0 206.7 4.73 Tobacco 8.07 72.8 51.9 75.2 87.1 173.7 145.5 147.1 153.3 147.0 138.8 180.0 233.3 203.0 -12.99 Rubber 1.28 39.9 65.3 67.7 82.7 153.2 135.3 299.4 214.8 255.0 301.2 296.7 343.5 342.9 13.33 Tider 3.34 48.7 45.4 57.9 65.5 173.7 145.5 303.7 392.9 407.2 555.9 739.5 822.9 934.4 13.55 TOTAL 320.91 49.1 37.5 50.7 70.7 154.4 173.5 168.2 104.8 209.6 234.6 244.1 273.5 298.3 9.07 Notes: la) Excludes fisheries. livestock and dairy products. lbh Total food articlesl297.99) plus non-food industrial raw naterials(106.211 less weightage of milk and milk products. fisheries and hides & skinsCU3.391 Icl Percentage change in Calendar year 1984 over 1983. Sources: 1. Ilinistry of Industry, Office of the Economic Adviser. 2. N.L.Chandhok, Mholesale Price Statistics. 1947-1978 published by the Economic and Scientific Research Foundation. 1979. -77- Table 9.4 SELECTE PRICE INDICES lholesale Price Consueer Price Index Implicit Price Deflator Implicit Price Deflator Index for Industrial Markers for Private consuWtion for Gross Donestic Expenditure Capital Formation Year 11970/712t00) .(1960W00) (1970171u100) (1970/71.100) 1950/51 35.7 40.1 1951/52 50.4 96 42.4 1952/53 44.1 96 42.0 1953/54 46.2 87 42.7 1954155 43.0 9l 45.3 1955/56 40.8 79 44.2 1956157 46.5 B 45.9 1957158 47.9 92 45.1 295B/59 49.3 97 52.9 1959/60 51.7 101 53.4 1960/61 55.1 102 56.4 56.2 1961/62 55.2 104 58.0 50.9 1%2/63 57.3 109 59.0 60.6 1963/64 60.9 113 65.2 64.3 1964/65 67.5 129 71.3 66.9 1965166 72.7 139 77.7 71.2 1966/67 92.8 157 89.3 91.5 1967168 92.4 175 99.9 86.9 9619/69 91.3 174 97.0 U.S 1969170 94.9 177 101.5 94.1 1970/71 100.0 196 100.0 100.0 1971172 105.6 162 104.5 105.7 1972/73 116.2 207 116.8 114.0 1973174 139.7 250 139.0 129.9 1974/75 174.9 317 167.1 162.2 1975176 173.0 313 158.3 174.9 1975 77 176.6 301 163.5 179.4 I-1V17 185.9 324 171.6 183.7 1978/79 195.9 331 178.5 197.1 1979/80 217.6 360 201.5 229.2 1980/91 257.3 401 224.0 257.9 19811/2 291.3 451 244.7 295.5 1982/03 298.6 486 257.9 330.5 1993/04 315.3 547 298.4 364.5 1994/85 337.1 [a] 591 [hb la] Relates to the period April 19B4 - February 1985. [b] Relates to the period April 1984 - December 1904. Sources:l. Ministry of Industry, Office of the Economic Adviser. 2. H.L.Chandok, wholesale Price Statistics 1947-1979, publishd by Ecoomic and Scientific Foundation 1979 3. finistry of Labor,Labor Bureau, Sila. 4. Central Statistical Organisation, National Accounts Statistics, Various Issues. -78- Table 9.5 COMIISPIER PRICE INDEI NIUHERS FOR INDUSTRIAL MIORIERS,URAN NON-NMWAL ENPLOTEES AND AGRICILTURAL LABORERS Year Industrial Markers Urban Non-Ranual Mricultural Laboers lb( -------------- ------------------------- Eaployees -------------------------- lApril - March) Fond !ndn 6eneral Index ---------------- Fod Index General Index 11960-1COI 11960 * 1003 (1960 2 100) l1960/61b100) (196OI612lO3 Average of Months 1950151 97 94 n.a n.a n.a 1955156 91 79 n.a n.a n.a 1960161 10 102 100 Ca] l1o 100 1965/66 ISO 139 132 169 159 1970171 201 19b 174 206 192 1975/76 342 313 277 345 317 1976/77 317 301 277 324 302 1977179 346 324 299 349 323 197IS 79 347 331 306 340 317 1979/80 373 360 330 390 360 19i0/91 419 401 369 449 409 1991102 476 451 413 491 448 1992/93 509 486 446 527 481 1993194 581 547 492 573 523 1984195 604 ld] 581 [el 530 [el 576 If] 529 [t] Average of Meets 1983 larch 522 502 462 533 499 June 567 533 479 559 509 Septeaber 596 55 495 650 542 December 595 559 500 572 521 1984 larch 583 558 505 560 514 June 603 574 523 555 511 September 619 59 538 577 530 December n.a 59B 537 n.a n.a Average compound Growth rate 1i per annual 1950/51-1975176 5.6 5.4 5.2 Ecl 6.4 [c) 5.9 Ec] 1970171-190/91 7.6 9.0 7.0 9.1 7.9 1981/92 13.6 12.5 11.9 9.6 9.5 1982183 6.7 7.9 9.0 7.3 7.4 1993184 14.4 12.6 10.3 0.7 9.7 1904/85 Eg] 6.2 7.1 9.7 -2.3 -.9 Percentaqe Change in Index over the corresponding Month of previous year 1994 March 11.7 21.2 9.3 5.1 5.3 June 6.3 7.7 9.2 -.7 .4 September 3.9 6.3 9.7 3.8 -2.2 December n.a 5.2 7.4 .nA n.a [a] Relates to the period January to March. ldl Based on returns for April- Septeber 1984. lbi lndices relate to Agricultural Years(July-June). Ke] Eased on returns for April 1984-December 2994. kc] Relates to the period 155156-19776. 1'] Eased on returns for July- October 1994. Kg] Percentage increase for periods noted in footnotes [Id to If l, over corresponding period of 1983/84. _ . - * * .. a . -79- standard Table I : IJDIA NATIONAL ACCOUNTS SUINARY (Billion of Rupees at Current Prices) 70/7' 71172 72/73 73/74 74/75 75/76 76177 77/78 78/79 79/90 90/01 01/82 82/93 83/84 1. 6DPImp) 402.63 433.56 478.65 589.40 695.95 740.84 799.97 895.83 975.80 1071.62 1274.89 1474.97 1635.76 1957.39 2. Resource Sap (1-1) 1.77 2.10 -1.49 3.84 10.19 12.68 -1.70 1.55 6.73 19.32 50.01 51.61 40.76 48.85 3. Imports Iq+nfs) 18.44 20.35 20.76 32.07 49.09 60.25 59.17 67.49 77.22 102.12 139.86 151.76 155.72 164.22 4. Exports (9+nfs) 16.67 18.25 22.24 28.23 37.90 47.57 60.87 65.94 70.49 82.80 89.85 100.15 106.96 115.37 5. Total Expenditure 404.40 435.66 477.17 593.24 706.14 753.52 799.27 897.30 982.53 1090.94 1324.90 1526.59 tb84.52 2006.24 6. Consumption 330.96 351.55 391.91 479.72 561.05 589.34 621.58 711.90 753.20 828.66 1010.47 1165.59 1280.30 1532.47 7. General Gov't 38.01 44.58 47.45 51.00 61.43 73.51 92.06 86.67 96.24 110.25 130.33 152.76 190.22 209.16 9. Private 292.95 306.97 344.46 429.72 499.62 515.93 539.52 625.23 656.96 718.41 980.14 1012.83 1100.08 1323.31 9. Investment 73.44 84.11 85.26 113.52 145.09 164.15 176.69 185.48 229.33 262.28 314.43 360.99 404.22 473.77 10. Fixed Investment 63.05 70.74 80.66 90.29 109.30 132.48 152.67 171.46 188.25 209.02 252.17 294.73 346.61 406.67 11. Change in Stocks 10.39 13.37 4.60 23.23 35.79 31.70 24.02 14.02 41.08 53.26 62.2b 66.26 57.61 67.10 12. Domestic Savings 71.67 82.01 86.74 109.69 134.90 151.50 178.39 183.93 222.60 242.Y6 264.42 309.39 355.46 424.92 13. Net Factor Income -1.93 -2.08 -2.19 -2.02 -1.58 -1.07 -1.45 -0.76 0.11 2.32 4.62 3.13 -2.91 -6.05 14. Current Transfers 0.62 0.83 0.74 1.23 2.05 4.07 6.19 9.22 9.72 14.96 21.87 20.69 24.11 29.70 15. National Savings 70.46 80.76 85.29 108.09 135.37 153.70 183.13 192.39 232.43 260.24 290.91 333.20 376.66 447.77 Average Exchange Rates 16. Rupees per US * 7.500 7.444 7.706 7.791 7.976 8.653 8.939 8.563 8.206 8.076 7.893 8.929 9.628 10.312 17. Rupees per SDR 7.500 7.626 8.491 9.399 9.667 10.342 10.299 10.135 10.418 10.464 10.154 10.298 10.524 10.914 -80- Standard Tsble II INDIA NATIONAL ACCOUNTS IIAINARY (Nillions of US I at Constant 1980/61 Prictul 70171 71172 72173 73/74 74/75 75/76 76177 77/78 78/79 79/80 0/I1 BI1/82 B2/93 83/94 1. 6DP (bP) 119032 120767 119903 124209 124405 136533 139144 149559 159496 151261 161522 17095 175754 199210 2. Itrns of Trade Effect 3919 4770 523 3660 129 964 2176 3002 3293 579 0 -450 -444 -309 3. Gross DOestic Incau 121952 125537 125139 127969 126234 137497 140323 152560 162789 151939 161522 170435 175310 199901 4. Rnource Gap (5-61 973 1196 -759 1372 2349 2399 -331 289 1272 2166 6336 3q64 5473 537 5. Iports (g+nfs) 10134 11589 10644 11456 11093 11399 11521 12592 14599 15149 17719 17244 17490 19075 6. Capacity to Import 9161 10393 11402 10084 973S 9000 11852 12302 13326 12283 11394 11390 12007 12699 7. [Exports lg+nfsll 5242 5623 6167 6424 6906 8036 9674 9300 10033 11705 11384 11930 12451 13007 8. Total Expenditures 122924 126733 124380 129240 123563 139896 139992 152849 164061 154705 167859 176299 180784 194277 9. Consueption 98092 100700 99852 100679 99373 109220 107766 119757 126040 117176 128021 136367 140780 151762 10. General 6ov't 8508 9535 9712 9719 9737 10934 11856 12320 13562 14815 16512 17808 19912 21967 11. Private 90354 91164 90140 90960 99636 98296 95909 107437 112478 102361 111509 119559 120869 129795 12. Investment 24033 26033 24528 28561 29210 30677 32226 33092 38021 37529 39837 39932 40004 42515 13. Fixed Investment 20707 21956 23183 23186 22516 24677 27966 30592 30901 2q692 31949 32438 33765 35044 14. Change in Stocks 3326 4075 1345 5375 6694 599 4360 2500 7120 7846 7899 .7494 6239 6672 15. Domestic Savings 23060 24837 25296 27190 26862 29279 32557 32903 36740 34663 33501 34069 34531 37136 16 Net Factor Income -1006 -1185 -1123 -722 -364 -354 -292 -142 21 344 585 356 -327 -754 17. Current Transfer 341 473 379 439 472 770 1205 1720 1937 2219 2771 2351 2706 3269 18. National Saving 22395 24126 24543 26907 26970 28694 33480 34382 38607 37226 36957 36774 36910 39653 Rupee Deflators(1900/8141.00) 19. 6DP 0.43 0.45 0.51 0.60 0.71 0.69 0.73 0.76 0.78 0.90 1.00 1.09 1.19 1.31 20. Imports (g4nfs) 0.23 0.22 0.25 0.35 0.55 0.67 0.65 0.69 0.67 0.85 1.00 1.11 1.13 1.15 21. Exports (qtnfs) 0.40 0.41 0.46 0.56 0.70 0.75 0.90 0.90 0.99 0.90 1.00 1.07 1.09 1.12 22. Total Expenditures 0.42 0.44 0.49 0.59 0.70 0.68 0.72 0.74 0.76 0.99 1.00 1.10 1.18 1.31 23. 6overnment Consumption 0.57 0.59 0.62 0.66 0.80 0.95 0.98 0.89 0.90 0.94 1.00 1.09 1.15 1.21 24. Private Consumption 0.41 0.43 0.48 0.60 0.71 0.66 0.71 0.74 0.74 0.89 1.00 1.08 1.15 1.29 25. Fixed Investment 0.39 0.41 0.44 0.49 0.62 0.69 0.69 0.71 0.77 0.89 1.00 1.15 1.30 1.44 26. Change In Stocks 0.40 0.42 0.43 0.55 0.68 0.67 0.70 0.71 0.73 0.86 1.00 1.12 1.17 1.27 27. Exchange Rate Index 1.052 1.06 1.024 1.013 0.99 .912 .883 .922 .962 .977 1.00 .984 0.92 .765 (US I per Rupee) -81- Standard Table III: INDIA BAANCE OF PANTS [Millions of US$ at Current Prices) 72173 73174 74175 75n76 76177 77/78 78/79 79180 80181 81/82 82/83 3184 1. Exports 288 3623 4752 5497 6810 7699 8585 10252 11394 11216 11109 11198 2. Nerchandise 2558 3239 4174 4672 5753 6315 6978 7949 9504 9519 8290 8355 3. Non-factor Services 328 384 58 825 1057 1354 1607 2304 2880 2697 2819 2833 4. Imports 2694 4i16 6029 6963 6619 7881 9409 12645 17719 1696 16174 15925 5. Iercbandise 2423 3793 566S 6449 5929 7180 8519 11383 16204 15301 14290 14040 3. on-factor Servicps 271 323 364 514 691 693 990 1262 1515 1695 1M4 1085 7. RESOURCE BALNCE 192 -493 -1277 -146b 191 -182 -524 -2393 -6335 -5790 -5065 -4737 8. Net Factor Income -284 -259 -199 -217 -162 -99 2 287 584 350 -302 -64 9. Factor receipts 38 54 115 134 209 311 478 796 1083 912 525 546 10. Factor paymnts 322 313 316 351 371 400 476 509 499 562 927 1210 it. 1IILT Interest paid) 242 250 253 251 265 291 352 387 378 375 472 551 12. Net Current Transfers 97 159 258 470 692 1077 1180 1852 2771 2317 2504 2980 13. Transfer receipts 138 185 277 490 707 1088 1203 1972 2786 233B 2525 2900 14. Transfer payments 41 26 19 20 15 11 23 20 15 21 21 20 15. CUiENT BALANCE 5 -593 -1217 -1213 721 806 358 -254 -7980 -3113 -2863 -2521 hILT CAPITAL INFLIN 16. Direct Investment - - - - - - - - 8 10 65 62 17. Official grant aid 109 91 205 536 434 441 505 60W 707 595 560 514 18. Net lWLT loans fDRS) [a] 473 563 960 1290 1032 694 597 644 1175 1339 1745 1995 19. Disbursements 846 965 1444 1793 1523 1221 1190 1290 1852 1986 2420 2765 20. Repayments 373 402 484 503 491 527 603 646 677 647 675 ro0 21. Other IMLT (Iet) -40 156 78 -34 -71 -152 -9 -44 -19 85 -38 -20 22. Net credit from IJF - 75 522 242 -337 -330 -158 - 1035 690 1980 :295 23. Disbursements - 75 522 242 - - - - 1035 690 1980 1365 24. Repayments - - - - 337 330 158 - - - - 70 25. Net short-term capital - - - - - - - - - - - - 26. Capital flowas NEI Pb] -500 78 -229 250 149 607 -433 -743 -71 -156_ -1155 -443 27. Errors and omissions Ccl -42 -264 -368 -255 -362 -18 715 13 -200 -441 210 n.a 29. Change in Reserves -5 -106 49 -916 -1566 -2048 -1475 -224 345 2398 -504 -8982 (- indicates increase) [a] Excludes ilF Trust Fmd, daich is included under items 22 & 23. [hb Includes exchange rate adjustments to the valuation of reserves, and financino of imbalances in bilateral rupee trade. lc] As estimated by the Goverment of India.