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| | |colspan="0"|<div style="font-size:100%"> | | |colspan="0"|<div style="font-size:100%"> |
| − | This page has been sourced mainly from the '''Ministry of '''<br/>'''Statistics.''' Therefore, it has been ‘locked’ and will never be <br/> thrown open to readers to edit or comment on.<br/> | + | This is a collection of articles archived for the excellence of their content.<br/> |
| − | | + | Additional information may please be sent as messages to the Facebook <br/>community, [http://www.facebook.com/Indpaedia Indpaedia.com]. All information used will be gratefully <br/>acknowledged in your name. |
| − | After the formal launch of their online archival encyclopædia, <br/> readers who wish to update or add further details can do so on <br/> a ‘Part II’ of this article. </div>
| + | </div> |
| | |} | | |} |
| | [[Category:India|E]] | | [[Category:India|E]] |
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| − |
| |
| − | ==The source of this article==
| |
| − | [[File: Indian economy, Some facts regarding GDP, Foreign investment, Domestic infrastructure.jpg|Indian economy: Some facts regarding GDP, Foreign investment, Domestic infrastructure: Graphic courtesy: [http://m.thehindu.com/business/Economy/1991present-tracking-progress-in-numbers/article8891883.ece ''The Hindu''], July 24, 2016|frame|500px]]
| |
| − | [[File: Economic indicators, India, Sensex, Exchange rate, Gross National Product, GDP growth, Forex Reserves, WPI inflation and 10 year gilt yield.jpg|Economic indicators, India: Sensex, Exchange rate, Gross National Product, GDP growth, Forex Reserves, WPI inflation and 10 year gilt yield; Graphic courtesy: [http://epaperbeta.timesofindia.com/Gallery.aspx?id=21_08_2016_017_006_003&type=P&artUrl=Stocks-to-gain-but-bonds-may-slide-21082016017006&eid=31808 ''The Times of India''], August 21, 2016|frame|500px]]
| |
| − | [[File: Real GDP, CPI, WPI, Bank Credit, Expenditure, Current Account Deficit, Repo Rate, 2011-15.jpg|Real GDP, CPI, WPI, Bank Credit, Expenditure, Current Account Deficit, Repo Rate, 2011-15; Graphic courtesy: [http://indiatoday.intoday.in/story/economy-budget-arun-jaitley-narendra-modi-government/1/587099.html ''India Today''], February 15, 2016|frame|500px]]
| |
| − | [[File: Life expentency at birth, Infant mortality, Access to improved sanitation, Mean year of schooling, Female literacy rate, Male literacy rate, 2010,2011.jpg|Life expentency at birth, Infant mortality, Access to improved sanitation, Mean year of schooling, Female literacy rate, Male literacy rate, 2010,2011; Graphic courtesy: [http://epaperbeta.timesofindia.com//Article.aspx?eid=31808&articlexml=ECONOMIC-GIANT-BECOMING-SOCIAL-PYGMY-02032016016019 ''The Times of India''], March 2, 2016|frame|500px]]
| |
| − | [[File: Income inequalities in India with respect to taxpayers1.jpg|Income inequalities in India with respect to taxpayers; Graphic courtesy: [http://epaperbeta.timesofindia.com//Gallery.aspx?id=01_03_2016_005_023_001&type=P&artUrl=INCOME-INEQUALITY-IN-INDIA-IS-THIS-BAD-01032016005023&eid=31973 ''The Times of India''], March 1, 2016|frame|500px]]
| |
| − | [[File: Income inequalities in India with respect to taxpayers2.jpg| Income inequalities in India with respect to taxpayers; Graphic courtesy: [http://epaperbeta.timesofindia.com//Gallery.aspx?id=01_03_2016_005_023_001&type=P&artUrl=INCOME-INEQUALITY-IN-INDIA-IS-THIS-BAD-01032016005023&eid=31973 ''The Times of India''], March 1, 2016|frame|500px]]
| |
| − |
| |
| − | [[File: The Indian economy vis-à-vis the Chinese economy in terms of GDP.jpg| The Indian economy vis-à-vis the Chinese economy in terms of GDP; Graphic courtesy: [http://epaperbeta.timesofindia.com//Article.aspx?eid=31973&articlexml=IN-1990-INDIAS-ECONOMY-WAS-ALMOST-AS-LARGE-01032016015011 ''The Times of India''], March 1, 2016|frame|500px]]
| |
| − |
| |
| − | [[File: The Indian economy vis-à-vis the Chinese economy.jpg| The Indian economy vis-à-vis the Chinese economy; Graphic courtesy: [http://epaperbeta.timesofindia.com//Gallery.aspx?id=01_03_2016_014_005_002&type=P&artUrl=INDIAN-ECONOMY-IS-MORE-GLOBALISED-THAN-CHINA-AND-01032016014005&eid=31973 ''The Times of India''], March 1, 2016|frame|500px]]
| |
| − | ''' INDIA 2012 '''
| |
| − |
| |
| − | A REFERENCE ANNUAL
| |
| − |
| |
| − | '' Compiled by ''
| |
| − |
| |
| − | RESEARCH, REFERENCE AND TRAINING DIVISION
| |
| − |
| |
| − | PUBLICATIONS DIVISION
| |
| − |
| |
| − | MINISTRY OF INFORMATION AND BROADCASTING
| |
| − |
| |
| − | GOVERNMENT OF INDIA
| |
| − |
| |
| − | =Economic Data on India: Ministry of Statistics=
| |
| − | THE Ministry of Statistics and Programme Implementation consists of two wings
| |
| − | namely:Statistics Wing and Programme Implementation Wing. The Ministry is
| |
| − | the apex body in the official statistical system of the country. It is the authority that
| |
| − | controls the Indian Statistical Service (ISS) and Subordinate Statistical Service (SSS).
| |
| − | It is also the Administrative Ministry for the Indian Statistical Institute, an
| |
| − | autonomous registered scientific society of national importance. The Ministry
| |
| − | includes, inter-alia, the Central Statistical Office (CSO) and the National Sample
| |
| − | Survey Organisation (NSSO).
| |
| − |
| |
| − | =INDIAN STATISTICAL SYSTEM (ISS)=
| |
| − | India has a federal structure of Government and the Indian Statistics System
| |
| − | functions within the overall administrative set up of the country. The division of
| |
| − | responsibility for administration between the Union Government and the State
| |
| − | Governments is on the basis of three-fold classification of all subjects, namely, the
| |
| − | Union List, the state List, and the Concurrent List. The Concurrent list represents
| |
| − | the subjects where both the Union and State Governments can operate, and it
| |
| − | includes the subject Statistics. Three is a further division of responsibility, by subjects
| |
| − | of groups of subjects, among the different Ministries/Departments of thee Union
| |
| − | Government and among the Departments of State Governments, on the basis of
| |
| − | their administrative functions.
| |
| − |
| |
| − | The Indian Statistics System, therefore, may be treated as both decentralized
| |
| − | and centralized system. For example, the large-scale Statistics operations conducted
| |
| − | all over the country like Population Census, Economic Census, Agricultural Census
| |
| − | and Livestock Census, as well as nation-wide sample surveys including the Annual
| |
| − | Survey of Industries and the Socio-economic surveys is the responsibility or Central
| |
| − | agencies.
| |
| − |
| |
| − | Similarly, compilation of national accounts, preparation of all-India Prices
| |
| − | and Industrial production indices are also Central activities. In the case of States,
| |
| − | the State statistics. Similarly, compilation of national accounts, preparation of all-
| |
| − | India Prices and Industrial production indices are also Central activities. In the case
| |
| − | of States, the State statistics Organizations collect and generate data on a number
| |
| − | of variables. The Central Government acts as the coordinating agency for
| |
| − | presentation of statistics on an all-India basis even in fields where the State
| |
| − | Directorates of Economics and Statistics (DESs) carry out the responsibility of
| |
| − | coordination of all statistics activities at the State level and keeping liaison with
| |
| − | the MOSPI for the purpose of maintaining uniformity and consistency in the data
| |
| − | produced and consolidated different levels.
| |
| − |
| |
| − | =CENTRAL STATISTICAL OFFICE (CSO)=
| |
| − | The Central Statistical Office is responsible for coordination of Statistical activities
| |
| − | in the country, and evolving and maintaining statistical. Its activities mainly include
| |
| − | National Income accounting; conduct of Economic Census and its follow up
| |
| − | surveys, processing of data collected through Annual Survey of Industries and
| |
| − | preparation of Reports, compilation of Index of Industrial Production, as well as
| |
| − | Consumer price Indices, Gender Statistics, and imparting training on Official
| |
| − | Statistics. CSO brings out a number of publications periodically including Statistical
| |
| − | Year Book earlier known as Statistical Abstract, Monthly Statistical Abstract, and
| |
| − | India in Figures-A Ready Reference, Energy Statistics, Environment Statistics
| |
| − | besides disseminating statistical information to various national and international
| |
| − | agencies.
| |
| − |
| |
| − | The other activities include preparation of Five Year Plan and Annual
| |
| − | Plans, holding conferences with the Central and State statistical agencies, revision
| |
| − | of National Industrial Classification, preparation and implementation of Strategic
| |
| − | Plans to make available data on key parameters, to improve the quality and
| |
| − | reliability of existing data sets, to make available new data sets on emerging fields
| |
| − | to meet increasing data demands, and to reduce time lag in dissemination of data.
| |
| − | =NATIONALAND PER CAPITA INCOME=
| |
| − | Table 6.1 gives National and Per Capita Income at Factor Cost at current and 2004-
| |
| − | 05 prices, while table 6.2 gives the relationship of national income and other
| |
| − | aggregates at current prices. Table 6.3 gives the performance of the public sector
| |
| − | and table 6.4 gives private final consumption expenditure, net domestic saving and
| |
| − | capital formation.
| |
| − |
| |
| − | =CATEGORIES OF WORKERS=
| |
| − | For the 2001 census, the population was divided into main workers, marginal
| |
| − | workers, and non-workers. The table 6.5 shows total workers sub-divided into main
| |
| − | workers and marginal workers and distribution of total workers in four broad
| |
| − | categories in rural and urban areas as on 1 March 2001. Employment in the
| |
| − | organised sector has been shown in table 6.6.
| |
| − | =UNEMPLOYMENT=
| |
| − | The number of persons on the live register of the employment exchanges gives an
| |
| − | idea of the trend of unemployment subject to certain limitations. Table 6.7 gives
| |
| − | registrations, vacancies, placements and job seekers on the ‘live register’ for the
| |
| − | period 1994-2008.
| |
| − | =NATIONAL SAMPLE SURVEY OFFICE (NSSO)=
| |
| − | Setup in 1950 and reorganized in 1970, the NSSO functions under the overall
| |
| − | direction of a Steering Committee with requisite independence and autonomy in
| |
| − | the matter of collection, processing and publication of NSS data. In additional to
| |
| − | the non-official Chairman, the steering committee is composed of academicians,
| |
| − | data users from Central and State Government departments and senior officers of
| |
| − | the Ministry. The NSSO is headed by the Director General and Chief Executive
| |
| − | Officer (DG & CEO), who is also the Member-Secretary of the Steering Committee.
| |
| − |
| |
| − | The National Sample Survey Organisation (NSSO) carries out socio-economic
| |
| − | surveys, undertakes data collection for Annual Survey of Industries, sample checks
| |
| − | on area enumeration and crop estimation surveys and prepares the urban frames
| |
| − | useful in drawing of urban samples, besides collection of price data from rurla and
| |
| − | urban sectors. The major activities of the NSSO pertan to Survey Design, Field
| |
| − | Operations, Processing of NSSO data and Publication of NSSO Reports.
| |
| − | The SDRD has its headquarters at Kolkata. The FOD has its headquarters at
| |
| − | New Delhi with a network of 6 zonal offices located at Bangluru, Guwahati, Jaipur,
| |
| − | Kolkata, Lucknow and Nagpur, 49 regional offices and 116 sub-regional offices
| |
| − | spread throughout the country. The DPD with its headquarters at Kolkata, functions
| |
| − | through the Data Processing Centres at Ahmedabad, Bangaluru, New Delhi, Giridh,
| |
| − | Kolkata and Nagpur. The CPD located at New Delhi functions as the Secretariat of
| |
| − | DG & CEO, NSSO.
| |
| − |
| |
| − | The subjects taken up under socio-economic surveys are—surveys on
| |
| − | Consumer Expenditure, Employment-Unemployment, Social Consumption (Health,
| |
| − | Education, etc.) Manufacturing Enterprises and Service Sector Enterprises in the
| |
| − | Unorganized Sector being covered once in five years, while subjects like Land and
| |
| − | Livestock Holding, Debt and Investment are covered once in 10 years. Other than
| |
| − | irregular surveys, ad-hoc surveys are also undertaken to cover special topics of
| |
| − | current interest to meet the demand of the data users. The data on Consumer
| |
| − | Expenditure and Employment - Unemployment were also collected in every round
| |
| − | from a thin sample along with the main subject of enquiry up to 64th round of NSS.
| |
| − |
| |
| − | The 62nd round of NSS (July 2005 - June 2006) was on Unorganized manufacturing
| |
| − | and usual annual survey of Household Consumer Expenditure and Employment-
| |
| − | Unemployment. All the Five reports of this round have been brought out and are
| |
| − | available to the public. NSS 63rd round (July 2006 -June 2007) survey was on
| |
| − | “Services Sector Enterprises (excluding Trade) and Household Consumer
| |
| − | Expenditure.
| |
| − |
| |
| − | All three reports on this survey have been released. NSS 64th round
| |
| − | (July 2007 - June 2008) survey was on Participation and Expenditure in Education,
| |
| − | Employment-Unemployment & Migration and Household Consumer Expenditure.
| |
| − | The Field work of this survey was completed in June, 2008 and all the four reports
| |
| − | based on this survey have been released. NSS 65th round (July 2008-June, 2009)
| |
| − | was devoted to Domestic Tourism, Housing Condition, Urban Slums and Civic
| |
| − | Amenities and the field work this survey was completed in June, 2009. OUt of total
| |
| − | number of 3 reports based on the survey, only one report viz. 'Some Characteristics
| |
| − | of Urban Slum in India', has been released till date. The 66th round of NSS is 8th
| |
| − | Quinquennial Round on Employment, Unemployment and Consumer Expenditure.
| |
| − | Field work of this survey has started from July, 2009 and will continue up to June,
| |
| − | 2010. Thereafter, the field work of 67th Round of NSS devoted to Survey of Unincorporated
| |
| − | non agricultural Enterprises covering Manufacturing. Trade and
| |
| − | Service Sectors will start from 1st July, 2010.
| |
| − |
| |
| − | The results of the surveys are brought out in the form of NSS reports which
| |
| − | are available for sale. The NSS reports are also available on the website of the
| |
| − | Ministry for viewing/downloading free of cost. Summary of the results of these
| |
| − | surveys are also published in Sarvekshana - A Bi-annual Technical Journal of the
| |
| − | NSSO. Validated unit level data relating to the NSS surveys are available on CDROM
| |
| − | for sale at normal price.
| |
| − |
| |
| − | The NSSO undertakes the field work of the Annual Survey of Industries (ASI)
| |
| − | under statutory provisions of the Collections of Statistics Act, 1953 (Central Rule,
| |
| − | 1959) in the whole country except for the State of Jammu & Kashmir where the
| |
| − | ASI is conducted under Jammu & Kashmir Collection of Statistics Act, 1961. The
| |
| − | survey covers all factories registered under Section 2 m (i) and 2 m (ii) of the
| |
| − | Factories Act, 1948 (2 m (i): those factories employing 10 or more workers and using
| |
| − | power and 2 m (ii): those factories employing 20 or more workers and not using
| |
| − | power) and Establishment registered under the Bidi and Cigar Workers (Conditions
| |
| − | of Employment) Act, 1966. The coverage extends not only to manufacturing sector
| |
| − | but also to other categories under services such as cold storage, water supply, gas
| |
| − | production, motion picture production, laundry services, repair of motor vehicles
| |
| − | and of other consumer durables.
| |
| − |
| |
| − | However , defence factories, technical training
| |
| − | institutions, jail factories, unit engaged in storage and distribution of oil,
| |
| − | restaurants/cafe and computer services are kept out of the survey. From ASI 1998-
| |
| − | 99, the electricity units engaged in generation, transmission and distribution
| |
| − | registered with the Central Electricity Authority (CEA) are excluded. The
| |
| − | departmental units such as railways workshops, road transportation, corporation
| |
| − | workshops, government mints, sanitary, water supply, gas storage etc. are not
| |
| − | covered as there are alternative sources of their data compilation for the Gross
| |
| − | Domestic product (GDP) estimates by the National Accounts Division of Central
| |
| − | Statistical Organisation (CSO).
| |
| − |
| |
| − | The NSSO also provides technical guidance to States in the field of agricultural
| |
| − | statistics for conducting crop estimation surveys and keeps a continuous watch on
| |
| − | the quality of crop statistics through the Improvement of Crop Statistics Scheme.
| |
| − | The NSSO regularly collects rural price data on monthly basis from shops/
| |
| − | outlets in selected markets located in a sample of 603 villages for compilation of
| |
| − | Consumer Price Index (Agricultural Labour/Rural Labour). For urban area, price
| |
| − | data is being collected from compilation of new series of Consumer Price Index
| |
| − | (Urban) from 310 towns spread over all the States/UTs.
| |
| − |
| |
| − | The NSSO conducts an Urban Frame Survey (UFS) for providing a sampling
| |
| − | frame of first stage units in the urban sector for its surveys. It is carried out in a
| |
| − | cycle of five years (known as Phase of Urban Frame Survey) thereby providing an
| |
| − | updated frame twice in a span of 10 years. Currently the field work of 2007-12
| |
| − | Phase of Urban Frame Survey is on in accordance with new guidelines finalised
| |
| − | by the committee set up for reviewing the arrangement of preparation and updation
| |
| − | of Urban Frame.
| |
| − |
| |
| − | =PRICES=
| |
| − | ===Wholesale Prices===
| |
| − | The current series of index numbers of wholesale prices (base 1993-94=100) was
| |
| − | introduced from April 2000. The series have 435 commodities with 1918 quotaions.
| |
| − | Table 6.8 gives the index numbers of wholesale prices (1993-94=100) for the period
| |
| − | 2003-04 to 2009-10 for all commodities and for selected groups/sub-groups of three
| |
| − | major groups, namely: (i) primary articles; (ii) fuel, power, light, lubricants; and
| |
| − | (iii) manufactured products.
| |
| − |
| |
| − | ===Consumer Prices===
| |
| − | Table 6.9 gives Consumer Price Index Numbers for industrial workers on base
| |
| − | 1982=100 for the period 1993-94 to 2005-06 and on base:2001 = 100 for the period
| |
| − | 2006-07 to 2009-10. New Series of Consumer Price Index Numbers for Industrial
| |
| − | Workers on base 2001 = 100 had been released w.e.f. January 2006 Index. Table
| |
| − | 6.10 gives the Consumer Price Index Numbers for urban non-manual employees
| |
| − | for the 132 India 2010 period 1993-94 to 2009-10 at the all-India level and some
| |
| − | selected centres. Since April, 2008, the Central Statistical Organisation has
| |
| − | discontinued the compilation of Centre-wise Consumer Price Index for urban nonmanual
| |
| − | employees.
| |
| − |
| |
| − | =ANNUAL SURVEY OF INDUSTRIES=
| |
| − | The Annual Survey of Industries (ASI) is the principal source of industrial statistics
| |
| − | in India. It provides statistical information to objectively and realistically assess
| |
| − | and evaluate the change in the growth, composition and structure of the organised
| |
| − | manufacturing sector. This sector comprises activities related to manufacturing
| |
| − | processes, repair services, generation, transmission, etc., of electricity, gas and water
| |
| − | supply and cold storage.
| |
| − |
| |
| − | The survey is conducted annually under the statutory
| |
| − | provisions of the Collection of Statistics Act, 1953. The ASI extends to the entire
| |
| − | country except the States of Arunachal Pradesh, Mizoram and Sikkim and the Union
| |
| − | Territory of Lakshadweep. It covers all factories registered under Sections 2m(i)
| |
| − | and 2m(ii) of the Factories Act, 1948. The survey also covers bidi and cigar
| |
| − | manufacturing establishments registered under the Bidi and Cigar Workers
| |
| − | (Conditions of Employment) Act, 1966. Certain services and activities like cold
| |
| − | storage, water supply, repair of motor vehicles and of other consumer durable like
| |
| − | watches, etc., are also covered under the survey.
| |
| − |
| |
| − | Defence establishments, oil storage
| |
| − | and distribution depots, restaurants, hotels, cafe and computer services and also
| |
| − | the technical training institutes are excluded from the purview of survey. Units
| |
| − | registered with Central Electricity Authority (CEA) are also not covered under the
| |
| − | ASI. The data collected through ASI relate to capital, employment and emoluments,
| |
| − | consumption of fuel and lubricants, raw material and other input/output, value
| |
| − | added, labour turnover, absenteeism, labour cost, construction of houses by
| |
| − | employers for their employees and other characteristics of factories/industrial
| |
| − | establishments. The field work is carried out by the Field Operations Division,
| |
| − | NSSO. The CSO processes the data and publishes the results.
| |
| − |
| |
| − | The ASI 2007-08 indicates a total of 1,55,321 working factories in all States
| |
| − | and Union Territories except the States of Arunachal Pradesh, Mizoram and Sikkim
| |
| − | and the Union Territory of Lakshadweep. These factories together had a total of
| |
| − | fixed capital worth Rs. 10,55,96,614 Lakhs, and invested capital Rs.15,35,17,773 Lakhs.
| |
| − | These factories have provided gainful employment to Rs.1,13,27,485 persons and
| |
| − | distributed Rs. 1,29,44,123 Lakhs as emoluments to employees.
| |
| − |
| |
| − | =ENERGY STATISTICS 2011=
| |
| − |
| |
| − | Energy sector is one of the most important basic infrastructure sectors, for any
| |
| − | country. Proper energy planning is essential for achieving energy security. Every
| |
| − | country has to formulate its policy to optimize the use of different energy soures
| |
| − | for meeting the demands of its households, agricultural industrial and commercial
| |
| − | sectors. This necessitates an integrated and updated database of the production
| |
| − | and consumption of different energy sources viz., coal, crude, petroleum, natural
| |
| − | gas and electricity.
| |
| − |
| |
| − | The CSO brings out an annual publication "Energy Statistics" incorporating
| |
| − | data on reserves, installed capacity, potential for generation, production,
| |
| − | consumption, import, export and wholesale price of different energy commodities
| |
| − | as available from the concerned line Ministries of the Government of India.
| |
| − | "Energy Statistic 2011", is the 18th issue in the series. The
| |
| − | objective of this publication is to meet the information needs of national and
| |
| − | international policy markers, administrators and researchers concerned with the
| |
| − | energy sector.
| |
| − |
| |
| − | Energy Statistics 2011 contains information on the reserves, installed capaity,
| |
| − | production, consumption, foreign trade, etc. to give a holistic view of all energy
| |
| − | resources, The publication has also brought energy commodity balance which
| |
| − | provides sector wise production and consumption for the last two years. To improve
| |
| − | the unity of the publication, various indicators viz. growth rates, compound annual
| |
| − | growth rates, percentage distributions, have been provided in relevant tables. For
| |
| − | the first time analytical highlights on the performance of the sector has also been
| |
| − | brought out.
| |
| − |
| |
| − | [[File: basic.PNG||frame|500px]]
| |
| − |
| |
| − | [[File: basic1.PNG||frame|500px]]
| |
| − |
| |
| − | [[File: basic2.PNG||frame|500px]]
| |
| − |
| |
| − | [[File: basic3.PNG||frame|500px]]
| |
| − |
| |
| − | [[File: basic4.PNG||frame|500px]]
| |
| − |
| |
| − | [[File: basic5.PNG||frame|500px]]
| |
| − |
| |
| − | [[File: basic6.PNG||frame|500px]]
| |
| − |
| |
| − | ==ECONOMIC CENSUS==
| |
| − |
| |
| − | The CSO undertook a countrywide Economic Census, for the first time in 1977 to
| |
| − | provide a better frame for conducting follow-up surveys for collection of detailed
| |
| − | information particularloy from unorganized establisments. The basic information,
| |
| − | relating to the distribution of non-agricultural establishments by activity, type of
| |
| − | ownership, rural/urban break up and by employment size needed for preparation
| |
| − | of a frame for conducting detailed surveys is collected in the periodic Economic
| |
| − | Census.
| |
| − |
| |
| − | The second and third Economic Censuses were conducted in 1980 and 1990
| |
| − | along with house listing operation of 1981 and 1991 Population Censuses
| |
| − | respectively. The fourth economic Census was conducted during 1998 in all States/
| |
| − | UTs in collaboration with concerned State/UT Directorates of Economics and
| |
| − | Statistics.
| |
| − |
| |
| − | The Fifth Economic Census was conducted in the year 2005 in all the States/
| |
| − | UTs again in collaboration with State/UT Directorates of Economics and Statistics.
| |
| − | The fifth Census covered all entrepreneurial activities throughout the country (except
| |
| − | crop production and planation).
| |
| − |
| |
| − | [[File: basic7.PNG||frame|500px]]
| |
| − |
| |
| − | [[File: basic8.PNG||frame|500px]]
| |
| − |
| |
| − | [[File: basic9.PNG||frame|500px]]
| |
| − |
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| − | [[File: basic10.PNG||frame|500px]]
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| − | The final results of Economic Census 2005 were released on 29th May, 2008.
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| − | According to the results there were 41.8 million establishments in the country
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| − | employing 100.9 million persons.
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| − |
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| − | The detailed results of the Fifth Economic Census are available on the Ministry's
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| − | website viz. www.mospi.gov.in. the Ministry has proposed to conduct 6th Economic
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| − | Census during 2012 in association with State/UT Directorates of Economics &
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| − | Statistics.
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| − |
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| − | ==INFRASTRUCTURE STATISTICS - 2010==
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| − |
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| − | Infrastructure Statistics is one of the most important sector for any country. Given
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| − | the crucial role of infrastructure in promoting inclusive and sustainable socioeconomic
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| − | development, quality infrastructure statistics is very much essential for
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| − | informed decision making in many spheres, the important ones being the following:
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| − |
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| − | (i) Planning and policy making
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| − |
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| − | Quality statistics are essential for effective planning, monitoring and evaluation of
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| − | infrastructure projects and for optimal allocation of scarce resources among the
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| − | competing projects to achieve the desired plan objectives of inclusive and sustainable
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| − | economic development.
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| − |
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| − | (ii) Business promotion
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| − | Decisions regarding industrial diversification to new areas and new markets and
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| − | investment in infrastructure are to be based on up-to-date and reliable micro-level
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| − | and macro-level data. Business houses can get these data either through the conduct
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| − | of specialized surveys, which re very costly, or from the existing data sources of the
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| − | Government, research institutions, business associations, etc.
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| − | [[File: basic11.PNG||frame|500px]]
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| − | =INFRACTRUCTURE AND PROJECT MONITORING=
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| − | The Infrastructure and Project Monitoring Division (IPMD) in the Ministry of
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| − | Statistics and Programme Implementation is monitoring the performance of the
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| − | country’s eleven key infrastructure sectors, namely, Power, Coal, Railways, Shipping
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| − | and Ports, Telecommunications, Fertilizers, Cement, Petroleum & Roads and Civil
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| − | Aviation. It prepares and submits monthly Review Reports and Capsule Reports
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| − | on the performance of infrastructure sectors, inter-alia, to the Prime Minister office,
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| − | and the Cabinet Secretariat. The growth rate in respect of each infrastructure sector
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| − | since 2000-01 and the production/achievement during 2008-09 is given in the
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| − |
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| − | ==MONITORING OF CENTRAL SECTOR PROJECTS==
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| − |
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| − | The IMPD monitors the time and cost overruns in respect of the Central Sector
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| − | Projects costing Rs 150 crore and above, through the mechanism of On-line
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| − | Computerized Monitoring System (OCMS), which enables on-line furnishing of
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| − | information by projects (costing Rs. 1000 crore and above are monitored separately
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| − | every month, the projects above Rs. 150 crore also monitored every quarter. The IPMD
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| − | also, in coordination with the administrative Ministries concerned, takes up
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| − | initiatives to bring about systematic improvements in various areas of project
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| − | implementation. It also taken up/highlights the projects with times and cost overruns
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| − | in various forums such as quarterly meetings taken by the administrative Ministries
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| − | concerned, takes up initiatives to bring about systematic improvements in various
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| − | areas of project implementation. It also takes up/highlights the projects with times
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| − | and cost overruns in various forums such as quarterly meetings taken by the
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| − | administrative Ministries. MOU meetings by the Department of Heavy Industries,
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| − | Supplying of information when solicited by PMO, etc. As on 01.03.2011, there were
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| − | 565 projects with an anticipated cost of Rs. 210882/25 crore on the monitor of this
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| − | Ministry, The statement of on-going projects showing extent of time and cost
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| − | overruns with respect to the latest schedule may be seen in the Table. 6.12 (A) or
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| − | 6.12 (B).
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| − |
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| − | In addition, the IPMD has been monitoring the progress of irrigation the
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| − | progress of irrigation projects, which are being financed centrally under the
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| − | Accelerated Irrigation Benefit Programme (AIBP) and a report is brought out every
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| − | year.
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| − |
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| − | =II=
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| | | | |
| | =2012-16: fastest growth in 5 years= | | =2012-16: fastest growth in 5 years= |
| Line 459: |
Line 50: |
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| | “The fiscal space available to enhance capital spending in 2016-17 has been limited by the Pay Commission and OROP-related (one-rank, one-pension) commitments, despite the revenue augmentation measures introduced in the Budget for 2016-17. The evolving buoyancy of tax and non tax revenues during the current fiscal would critically impact the headroom available to the government to boost spending on identified priorities such as infrastructure creation and PSU bank recapitalization,“ said Aditi Nayar, senior economist at ratings agency ICRA. | | “The fiscal space available to enhance capital spending in 2016-17 has been limited by the Pay Commission and OROP-related (one-rank, one-pension) commitments, despite the revenue augmentation measures introduced in the Budget for 2016-17. The evolving buoyancy of tax and non tax revenues during the current fiscal would critically impact the headroom available to the government to boost spending on identified priorities such as infrastructure creation and PSU bank recapitalization,“ said Aditi Nayar, senior economist at ratings agency ICRA. |
| | + | =See also= |
| | + | [[Economy: India 1]] |
| | + | |
| | + | [[Economy: India 2 (Ministry data)]] |
The country's economy grew 7.6% in 2015-16, the fastest in five years, while growth in the fourth quarter clocked 7.9%, keeping India ahead as the fastest growing major economy in the world.
The GDP data also brought cheers for the government, which has completed two years in office and is showcasing revival of the economy as a major achievement. India's 7.9% expansion in JanuaryMarch (fastest in six quarters) is higher than China's 6.7% expansion in the same quarter.In October-December quarter Indian economy grew 7.2%.Growth was powered by strong expansion in the manufacturing, which grew 9.3% in 2015-16 compared to 5.5% in 2014-15 and the farm sector, which clocked a growth of 1.2% in 2015-16 compared to a contraction of 0.2% in the previous year. The growth in the farm sector was despite the impact of a drought. Policy makers lauded the improving health of public finances. “.. India continues to remain a bright spot in the world economy with robust macro-economic and fiscal parameters,“ the finance mini stry said in a statement. Economist said they expect a good monsoon to support improving growth in the months ahead.
“With renewed forecast of more than normal monsoon this year, the situation in agriculture is expected to improve significantly , which will eventually lead to revival of consumption demand, especially in rural areas,“ said Madan Sabnavis, chief economist at Care Ratings.
“This in turn should also boost investment sentiment and keep food inflation under control. Also implementation of various government schemes and 7th Pay Commission will have an important bearing. With continued strong performance of the service sector, GDP growth in FY17 should see strong contributions from each sector of the economy . We expect GDP growth in FY17 to be around 7.8%,“ he said.
“Private consumption has emerged as the bulwark of economy in 2015-16, whereas investment growth has slowed.With excess capacity and high leverage, private consumption demand will have to rise further to pare excess capacity and encourage private investment. With normal monsoon, a mild kick to public sector wages and improved transmission of interest rates, private consumption demand is set to get a boost in 2016-17,“ said D K Joshi, chief economist at Crisil.
The government managed to rein in fiscal deficit marginally below the revised estimate for 2015-16, despite mopping lower than budgeted taxes. But, it also meant that the finance ministry had to curtail spending below the revised estimates for the last financial year.
With the provisional estimate of GDP higher than the advance estimate, the Centre's fiscal deficit was estimated at 3.92% of GDP compared to 3.94% in the revised estimate. Against the revised estimate of Rs 5.35 lakh crore of fiscal deficit, the Centre closed the year with a deficit of Rs 5.32 lakh crore, data released by the controller general of accounts showed.
Fiscal deficit is the difference between the government's total spending and receipts, which include tax, non-tax revenue as well as capital receipts such as proceeds from disinvestment.
This was the second year in a row that the government met the fiscal deficit target, but it did not have to significantly cut spending to meet the projections. With private sector investment remaining subdued, the government has been forced to step up public expenditure and lower oil subsidies last year helped keep keep deficit under check.
The government, however, slipped marginally on revenue deficit, which brea ched the revised estimate of Rs 3.41 lakh crore to close the year at a little over Rs 3.42 lakh crore. Revenue deficit is the difference between receipts and expenditure, such as interest payments and other spending to keep assets running. The government is hoping to meet the deficit targets during the current financial year too.
“The fiscal space available to enhance capital spending in 2016-17 has been limited by the Pay Commission and OROP-related (one-rank, one-pension) commitments, despite the revenue augmentation measures introduced in the Budget for 2016-17. The evolving buoyancy of tax and non tax revenues during the current fiscal would critically impact the headroom available to the government to boost spending on identified priorities such as infrastructure creation and PSU bank recapitalization,“ said Aditi Nayar, senior economist at ratings agency ICRA.
