The Indian Budget 1996-97 The Indian Economy Overview

ECONOMIC SURVEY OF INDIA 1995-96 - UPDATE


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Table 2
GROWTH, SAVINGS AND INVESTMENT
Sectors 1990-91 1991-92 1992-93 1993-94 1994-95 1995-96
        (P) (Q) (R)
Annual Growth Rates in Real GDP by Sectors
1. Agriculture & Allied 3.8 -2.3 6.1 3.3 4.9 2.4
2. Industry 7.2 -1.3 4.1 4.2 8.3 11.7
3.Services 5.2 4.9 5.1 6.8 6.0 7.0
4. Gross Domestic Product at Factor Cost 3.8 -2.3 6.1 3.3 4.9 2.4
As Percentage of GDP at Current Market Prices
5. Gross domestic savings 23.6 22.8 21.2 21.4 24.4 NA
6.Gross domestic capital formation@ 27.0 23.4 23.1 21.6 25.2 NA
7.Gross fixed capital formation 23.2 22.1 22.6 21.5 22.5 NA
8.Change in Stocks 2.1 0.6 1.5 -0.2 0.6 NA
P: Provisional Estimates
Q: Quick Estimates
R: Revised Advance Estimates
@: Adjusted for errors and ommisions
NA: Not available

Note : Industry includes mining & quarrying, manufacturing, electricity, gas, water supply, and construction.
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