Escolar Documentos
Profissional Documentos
Cultura Documentos
6.
The salient features of the key macro-economic aggregates are indicated in the following
paragraphs.
Gross Domestic Product
7.
GDP for the base year 2011-12 is estimated as Rs. 88.3 lakh crore. Nominal GDP or GDP at
current prices for the year 2012-13 is estimated as Rs. 99.9 lakh crore while that for the year 201314 is estimated as Rs. 113.5 lakh crore, exhibiting a growth of 13.1 percent and 13.6 percent during
the years 2012-13 and 2013-14 respectively.
8.
Real GDP or GDP at constant (2011-12) prices stands at Rs.92.8 lakh crore and Rs.99.2
lakh crore, respectively for the years 2012-13 and 2013-14, showing growth of 5.1 percent during
2012-13, and 6.9 percent during 2013-14.
Industry-wise Analysis
9.
The percentage changes in the Gross Value Added (GVA) at basic prices in different sectors
of the economy are presented in Statements 4.1 and 4.2. At the aggregate level, nominal GVA at
basic prices increased by 13.2 percent during 2013-14, as against 12.9 percent during 2012-13
(Statement 1.1). In terms of real GVA, i.e., GVA at constant (2011-12) basic prices, there has been
a growth of 6.6 percent in 2013-14, as against growth of 4.9 percent in 2012-13.
10.
The growth in GVA during 2013-14 has been higher than that in 2012-13 due to higher
growth in trade & repair services (14.3%), communication and services related to broadcasting
(13.4%), other services (10.7%), agriculture, forestry and fishing (3.7%), construction (2.5%)
and public administration & defence (4.9%).
Net National Income
11.
Nominal Net National Income (NNI) for the year 2011-12 stands at Rs. 78.5 lakh crore,
while the estimates for the years 2012-13 and 2013-14 are Rs. 88.4 lakh crore and Rs. 100.6 lakh
crore, showing an increase of 12.7 percent and 13.7 percent during 2012-13 and 2013-14
rsepectively.
Gross National Disposable Income
12.
Gross National Disposable Income (GNDI) at current prices is estimated as Rs.90.6 lakh
crore for the year 2011-12, while the estimates for the years 2012-13 and 2013-14 stand at 102.2
lakh crore and Rs.116.0 lakh crore, respectively.
Saving
13.
Gross Saving during 2011-12 is estimated as Rs.29.9 lakh crore, and the estimates for the
years 2012-13 and 2013-14 are Rs. 31.8 lakh crore and Rs. 34.8 lakh crore respectively. Rate of
Saving to GNDI for the years 2011-12, 2012-13 and 2013-14 is estimated as 33.0 percent, 31.1
percent and 30.0 percent respectively.
14.
The highest contributor to the Gross Saving is the household sector, with a share of 59.4
percent in the year 2013-14. However, the share has declined from 67.3 percent in 2011-12 and
63.4 percent in 2012-13. This decline can be attributed to the decline in household savings in
physical assets, which has declined from Rs.13.4 lakh crore in 2011-12 to Rs. 12.1 lakh crore in
2013-14. On the other hand, the share of Non-Financial Corporations has increased from 29.3
percent in 2011-12 to 34.5 percent in 2013-14. The share of Financial Corporations has been
around 9 percent in all these years, while the dis-saving of General Government has decreased from
5.4 percent in 2011-12 to 3.2 percent in 2013-14.
Capital Formation
15.
Gross Capital Formation (GCF) at current and constant prices is estimated by two
approaches (i) through flow of funds, derived as Gross Saving plus net capital inflow from
abroad; and (ii) by the commodity flow approach, derived by the type of assets. The estimates of
GCF through the flow of funds approach are treated as the firmer estimates, and the difference
between the two approaches is taken as errors and omissions. However, GCF by industry of use
and by institutional sectors does not include valuables, and therefore, these estimates are lower
than the estimates available from commodity flow.
16.
Gross Capital Formation (GCF) at current prices is estimated as Rs. 33.7 lakh crore for the
year 2011-12, while the estimates for both the years 2012-13 and 2013-14 stand at Rs. 36.6 lakh
crore. Since GCF did not increase during 2013-14, the rate to GDP declined during the year to 32.3
percent as against 36.6 during 2012-13. The rate of GCF to GDP excluding valuables stands at 33.9
percent and 31 percent during 2012-13 and 2013-14 respectively. The rate of capital formation in
the years 2011-12 to 2013-14 has been higher than the rate of saving because of net capital inflow
from Rest of the World (ROW).
17.
In terms of the share to the total GCF (at current prices), the highest contributor is NonFinancial Corporations, with the share rising steadily from 46.6 percent in 2011-12 to 51.5 percent
in 2013-14. Share of household sector in GCF is also significant, which has declined from 42
percent in 2011-12 to 34.2 percent in 2013-14. The share of General Government in GCF has
increased from 10 percent in 2011-12 to 13.2 percent in 2013-14.
18.
The rate of Gross Capital Formation at constant (2011-12) prices has decreased from 37.2 in
2012-13 to 33.4 in 2013-14.
19.
Within the Gross Capital Formation at current prices, the Gross Fixed Capital Formation
(GFCF) amounted to Rs. 33.7 lakh crore in 2013-14 as against Rs. 31.4 lakh crore and Rs. 29.7
lakh crore in 2012-13 and 2011-12 respectively. The change in stocks of inventories, at current
prices, decreased from Rs. 2.2 lakh crore in 2011-12 to Rs. 1.8 lakh crore in 2013-14, while the
valuables decreased from Rs. 2.5 lakh crore in 2011-12 to Rs. 1.5 lakh crore in 2013-14.
Consumption Expenditure
20.
Private Final Consumption Expenditure (PFCE) at current prices is estimated at Rs. 50.9
lakh crore for the base year 2011-12, increasing to Rs. 58.8 lakh crore in 2012-13 and further to Rs.
67.7 lakh crore in 2013-14. In terms of GDP, the rates of PFCE at current prices during 2011-12,
2012-13 and 2013-14 are estimated at 57.6 percent, 58.8 percent and 59.7 percent respectively.
21.
At constant (2011-12) prices, the PFCE is estimated at Rs. 53.7 lakh crore and Rs. 57.0 lakh
crore for the years 2012-13 and 2013-14 respectively. The corresponding rates of PFCE for the
years 2012-13 and 2013-14 are 57.9 percent and 57.5 percent respectively.
22.
Government Final Consumption Expenditure (GFCE) is estimated at Rs. 9.9 lakh crore for
the year 2011-12. The estimates of GFCE at current prices for the years 2012-13 and 2013-14 stand
at Rs. 10.9 lakh crore and Rs. 12.8 lakh crore, respectively. At constant (2011-12) prices, the
estimates of GFCE for the years 2012-13 and 2013-14 stand at Rs. 10.0 lakh crore and Rs. 10.9
lakh crore respectively.
Details of these estimates are available in Statements 1-10 appended with this Press Note.
25.
i.
ii.
*****************
List of Statements
1.
2.
3.
4.
Statement 1.1
Key aggregates of national accounts at current prices
(` crore)
S.No.
Item
Domestic Product
GVA at basic prices
Taxes on Products including import duties
Less Subsidies on Products
GDP (1+2-3)
CFC
NDP(4-5)
1
2
3
4
5
6
10
10.1
10.2
11
11.1
11.2
12
13
Final Expenditures
PFCE
GFCE
GCF
of which:
GFCF
CIS
VALUABLES
Exports of goods and services
Export of goods
Export of services
Less Imports of goods and services
Import of goods
Import of services
Discrepancies
GDP
14
15
16
17
18
19
20
21
7
8
9
9.1
9.2
9.3
2011-12
2012-13
2013-14
PFCE
GFCE
GFCF
CIS
VALUABLES
Exports of goods and services
Export of goods
Export of services
Less Imports of goods and services
Import of goods
Import of services
Discrepancies
2013-14
9252051
1057442
320953
9988540
1030044
8958496
10477140
1197938
330022
11345056
1148645
10196410
12.9
19.2
28.1
13.1
13.4
13.1
13.2
13.3
2.8
13.6
11.5
13.8
5090822
987220
3370097
5875111
1093130
3659183
6772066
1277467
3662490
15.4
10.7
8.6
15.3
16.9
0.1
2971246
214555
253033
2143931
1466233
677698
2715554
2345463
370091
-113242
8832012
3136364
213719
275497
2439707
1647221
792486
3108428
2669160
439268
63439
9988540
3367856
176227
145451
2854713
1937531
917182
3190352
2715430
474922
-58373
11345056
5.6
-0.4
8.9
13.8
12.3
16.9
14.5
13.8
18.7
7.4
-17.5
-47.2
17.0
17.6
15.7
2.6
1.7
8.1
13.1
13.6
-76824
8755188
7846531
304902
9060090
8151433
2993926
2085269
-116763
9871777
8841733
350081
10221858
9191814
3181263
2151219
-139887
11205169
10056523
395918
11601087
10452441
3475935
2327289
52.0
12.8
12.7
14.8
12.8
12.8
6.3
3.2
19.8
13.5
13.7
13.1
13.5
13.7
9.3
8.2
33.0
38.2
35.3
64.9
31.1
36.6
33.9
66.4
30.0
32.3
31.0
67.3
2012-13
8195546
886969
250503
8832012
908657
7923355
Rates
22
23
24
25
57.6
11.2
33.6
2.4
2.9
24.3
16.6
7.7
30.7
26.6
4.2
-1.3
58.8
10.9
31.4
2.1
2.8
24.4
16.5
7.9
31.1
26.7
4.4
0.6
59.7
11.3
29.7
1.6
1.3
25.2
17.1
8.1
28.1
23.9
4.2
-0.5
Statement 1.2
Key aggregates of national accounts at constant (2011-12) prices
(` crore)
S.No.
Item
Domestic Product
GVA at basic prices
Taxes on Products including import duties
Less Subsidies on Products
GDP (1+2-3)
CFC
NDP(4-5)
1
2
3
4
5
6
12
13
Final Expenditures
PFCE
GFCE
GCF
of which:
GFCF
CIS
VALUABLES
Exports of goods and services
Export of goods
Export of services
Less Imports of goods and services
Import of goods
Import of services
Discrepancies
GDP
14
15
16
17
18
19
Rates
GCF to GDP
GCF excluding Valuables to GDP
PFCE to NNI
7
8
9
9.1
9.2
9.3
10
10.1
10.2
11
11.1
11.2
2011-12
2012-13
2013-14
9169787
1037006
285687
9921106
1048979
8872127
4.9
10.3
18.6
5.1
7.8
4.8
6.6
6.0
-3.8
6.9
7.1
6.9
5090822
987220
3370097
5370768
1004155
3457083
5704132
1086121
3317928
5.5
1.7
2.6
6.2
8.2
-4.0
2971246
214555
253033
2143931
1466233
677698
2715554
2345463
370091
-113242
8832012
2962726
201262
261353
2286611
1554420
732191
2877291
2471444
405847
39476
9280803
3050236
158211
133975
2453005
1664289
788716
2636313
2227911
408402
-3768
9921106
-0.3
-6.2
3.3
6.7
6.0
8.0
6.0
5.4
9.7
3.0
-21.4
-48.7
7.3
7.1
7.7
-8.4
-9.9
0.6
5.1
6.9
-76824
8755188
7846531
-107878
9172925
8193427
-120293
9800813
8751834
40.4
4.8
4.4
11.5
6.8
6.8
38.2
35.3
64.9
37.2
34.4
65.5
33.4
32.1
65.2
57.5
10.9
30.7
1.6
1.4
24.3
24.6
16.6
16.7
Export of goods
7.7
7.9
Export of services
30.7
31.0
26
Less Imports of goods and services
26.6
26.6
26.1 Import of goods
4.2
4.4
26.2 Import of services
-1.3
0.4
27
Discrepancies
Note: Estimates of Savings and Disposable Income are compiled only at current prices.
24.7
16.8
7.9
26.6
22.5
4.1
0.0
25
25.1
25.2
2013-14
8599224
978603
297024
9280803
979498
8301305
57.9
10.8
31.9
2.2
2.8
PFCE
GFCE
GFCF
CIS
VALUABLES
2012-13
8195546
886969
250503
8832012
908657
7923355
57.6
11.2
33.6
2.4
2.9
Statement 2
Per Capita Income, Product and Final Consumption
S.No.
Item
Percentage change
over previous year
2012-13 2013-14
1220
1235
1251
1.2
1.3
72394
71764
64316
74263
41728
80879
79933
71593
82768
47572
90688
89570
80388
92735
54133
11.7
11.4
11.3
11.5
14.0
12.1
12.1
12.3
12.0
13.8
72394
71764
64316
41728
75148
74275
66344
43488
79305
78344
69959
45597
3.8
3.5
3.2
4.2
5.5
5.5
5.4
4.8
Statement 3.1
Output by economic activity and capital formation by industry of use at current prices
2011-12
2012-13
(` crore)
2013-14
1953136
447556
1505580
95648
1409932
232107
1226205
-48380
275319
77.1
14.1
2178811
510135
1668676
110196
1558480
253861
1365909
-61290
258869
76.6
11.9
2462737
581585
1881152
127461
1753691
289630
1534730
-70668
278723
76.4
11.3
2
2.1
2.1.1
2.1.2
2.1.2.1
2.1.2.2
2.1.2.2.1
2.1.2.2.2
2.1.2.2.3
2.2
2.3
2.4
443883
181070
262813
31867
230946
62537
164968
3442
66568
59.2
15.0
495246
210475
284771
35785
248986
68454
178856
1676
80845
57.5
16.3
523775
225231
298544
40960
257584
71583
184524
1477
110181
57.0
21.0
3
3.1
3.1.1
3.1.2
Manufacturing
Output
Intermediate consumption
GVA at basic prices
7217642
5735484
1482158
7489106
5835022
1654084
8149048
6340678
1808370
3.1.2.1
CFC
258961
280152
299895
3.1.2.2
3.1.2.2.1
3.1.2.2.2
3.1.2.2.3
3.2
3.3
3.4
1223197
339734
870309
13153
627398
20.5
8.7
1373932
393274
963875
16782
693170
22.1
9.3
1508475
437480
1051611
19384
677322
22.2
8.3
S.No.
Item
1
1.1
1.1.1
1.1.2
1.1.2.1
1.1.2.2
1.1.2.2.1
1.1.2.2.2
1.1.2.2.3
1.2
1.3
1.4
Statement 3.1
Output by economic activity and capital formation by industry of use at current prices
S.No.
2012-13
860989
666586
194403
62365
132038
66201
73829
-7992
286244
22.6
33.2
993620
779794
213826
74340
139486
67537
77067
-5118
323003
21.5
32.5
1122366
878146
244220
86820
157400
72245
86559
-1404
350659
21.8
31.2
2181008
1406914
774093
36540
737553
510240
2258819
1456935
801884
42322
759562
522469
2436206
1567398
868808
47345
821463
559516
5.1.2.2.2 OS/MI
223062
232482
257310
4251
208502
35.5
9.6
4610
195233
35.5
8.6
4637
191862
35.7
7.9
1318302
435345
882957
45417
837540
214292
614703
8545
204686
67.0
15.5
1545662
499421
1046241
55088
991153
243534
733395
14223
321223
67.7
20.8
1837238
579914
1257324
66248
1191076
290169
880638
20269
406811
68.4
22.1
5
5.1
5.1.1
5.1.2
5.1.2.1
5.1.2.2
5.1.2.2.1
5.2
5.3
5.4
(` crore)
2013-14
2011-12
4
4.1
4.1.1
4.1.2
4.1.2.1
4.1.2.2
4.1.2.2.1
4.1.2.2.2
4.1.2.2.3
4.2
4.3
4.4
6
6.1
6.1.1
6.1.2
6.1.2.1
6.1.2.2
6.1.2.2.1
6.1.2.2.2
6.1.2.2.3
6.2
6.3
6.4
Item
Electricity, gas, water supply and other utility services
Output
Intermediate consumption
GVA at basic prices
CFC
NVA at basic prices
CE
OS/MI
Production taxes less production subsidies
Gross Capital Formation
GVA to Output Ratio
GCF to Output Ratio
Construction
Output
Intermediate consumption
GVA at basic prices
CFC
NVA at basic prices
CE
Statement 3.1
Output by economic activity and capital formation by industry of use at current prices
S.No.
Item
2011-12
2012-13
(` crore)
2013-14
7
7.1
7.1.1
7.1.2
7.1.2.1
7.1.2.2
7.1.2.2.1
7.1.2.2.2
7.1.2.2.3
7.2
7.3
7.4
1426746
812510
614236
92550
521686
231503
305951
-15769
226362
43.1
15.9
1587185
898449
688736
99084
589652
255668
353512
-19528
195466
43.4
12.3
8
8.1
8.1.1
8.1.2
8.1.2.1
8.1.2.2
8.1.2.2.1
8.1.2.2.2
8.1.2.2.3
8.2
8.3
8.4
Financial services
Output
Intermediate consumption
GVA at basic prices
CFC
NVA at basic prices
CE
OS/MI
Production taxes less production subsidies
Gross Capital Formation
GVA to Output Ratio
GCF to Output Ratio
650457
170225
480232
7577
472655
133982
338301
372
46164
73.8
7.1
736024
189584
546440
9450
536991
154762
382082
147
43311
74.2
5.9
815151
205687
609464
11345
598119
173563
424397
159
39209
74.8
4.8
9
9.1
9.1.1
9.1.2
9.1.2.1
9.1.2.2
9.1.2.2.1
9.1.2.2.2
9.1.2.2.3
9.2
9.3
9.4
1390484
331142
1059342
154207
905135
260570
615049
29517
835256
76.2
60.1
1640195
378936
1261259
186005
1075254
317039
725682
32533
760031
76.9
46.3
1912101
446942
1465159
213480
1251679
376990
839063
35626
713592
76.6
37.3
Statement 3.1
Output by economic activity and capital formation by industry of use at current prices
2011-12
2012-13
(` crore)
2013-14
674659
182254
492405
85197
407208
407208
0
0
261548
73.0
38.8
731660
177285
554375
91313
463062
463062
0
0
283701
75.8
38.8
744084
113584
630500
98190
532310
532310
0
0
374433
84.7
50.3
Other Services
Output
Intermediate consumption
GVA at basic prices
CFC
NVA at basic prices
CE
OS/MI
Production taxes less production subsidies
Gross Capital Formation
GVA to Output Ratio
GCF to Output Ratio
763564
232165
531398
48273
483125
340383
141722
1020
148320
69.6
19.4
871274
265015
606259
52842
553417
381198
171101
1118
164336
69.6
18.9
1039013
314151
724862
57816
667046
448766
218165
115
205824
69.8
19.8
Total
Output
Intermediate consumption
GVA at basic prices
CFC
NVA at basic prices
CE
OS/MI
Production taxes less production subsidies
Gross Capital Formation
GVA to Output Ratio
GCF to Output Ratio
18710969
10515423
8195546
908657
7286889
2774071
4523670
-10852
3185801
43.8
17.0
20367163
11115112
9252051
1030044
8222007
3096693
5136402
-11087
3350084
45.4
16.4
22628904
12151765
10477140
1148645
9328494
3507919
5830509
-9934
3544083
46.3
15.7
S.No.
10
10.1
10.1.1
10.1.2
10.1.2.1
10.1.2.2
10.1.2.2.1
10.1.2.2.2
10.1.2.2.3
10.2
10.3
10.4
Item
Public administration and defence
Output
Intermediate consumption
GVA at basic prices
CFC
NVA at basic prices
CE
OS/MI
Production taxes less production subsidies
Gross Capital Formation
GVA to Output Ratio
GCF to Output Ratio
11
11.1
11.1.1
11.1.2
11.1.2.1
11.1.2.2
11.1.2.2.1
11.1.2.2.2
11.1.2.2.3
11.2
11.3
11.4
12
12.1
12.1.1
12.1.2
12.1.2.1
12.1.2.2
12.1.2.2.1
12.1.2.2.2
12.1.2.2.3
12.2
12.3
12.4
Statement 3.2
Output by economic activity and capital formation by industry of use at constant (2011-12) prices
2011-12
2012-13
(` crore)
2013-14
1953136
447556
1505580
95648
1409932
275319
77.1
14.1
1972789
449319
1523470
102239
1421231
239778
77.2
12.2
2044019
464729
1579290
108662
1470628
238976
77.3
11.7
443883
181070
262813
31867
230946
66568
59.2
15.0
457458
195205
262253
34070
228183
76150
57.3
16.6
479957
203577
276380
37126
239254
97909
57.6
20.4
Manufacturing
Output
Intermediate consumption
GVA at basic prices
CFC
NVA at basic prices
Gross Capital Formation
GVA to Output Ratio
GCF to Output Ratio
7217642
5735484
1482158
258961
1223197
627398
20.5
8.7
7088458
5513987
1574471
269428
1305043
664132
22.2
9.4
7389934
5731758
1658176
279408
1378768
628053
22.4
8.5
860989
666586
194403
62365
132038
286244
22.6
33.2
899615
697391
202224
71651
130573
310892
22.5
34.6
941918
730072
211846
81170
130676
326130
22.5
34.6
S.No.
Item
1
1.1
1.1.1
1.1.2
1.1.2.1
1.1.2.2
1.2
1.3
1.4
2
2.1
2.1.1
2.1.2
2.1.2.1
2.1.2.2
2.2
2.3
2.4
3
3.1
3.1.1
3.1.2
3.1.2.1
3.1.2.2
3.2
3.3
3.4
4
4.1
4.1.1
4.1.2
4.1.2.1
4.1.2.2
4.2
4.3
4.4
Statement 3.2
Output by economic activity and capital formation by industry of use at constant (2011-12) prices
2011-12
2012-13
(` crore)
2013-14
Output
Intermediate consumption
GVA at basic prices
CFC
NVA at basic prices
Gross Capital Formation
GVA to Output Ratio
GCF to Output Ratio
2181008
1406914
774093
36540
737553
208502
35.5
9.6
2089454
1348936
740518
40377
700141
184441
35.4
8.8
2137045
1378158
758887
43973
714914
176299
35.5
8.2
6
6.1
6.1.1
6.1.2
6.1.2.1
6.1.2.2
6.2
6.3
6.4
1318302
435345
882957
45417
837540
204686
67.0
15.5
1429704
455904
973800
51926
921874
300760
68.1
21.0
1620558
517026
1103532
60048
1043484
364400
68.1
22.5
7
7.1
7.1.1
7.1.2
7.1.2.1
7.1.2.2
7.2
7.3
7.4
1329518
754579
574939
88848
486091
216644
43.2
16.3
1395673
778692
616981
92260
524721
181083
44.2
13.0
8
8.1
8.1.1
8.1.2
8.1.2.1
8.1.2.2
8.2
8.3
8.4
Financial services
Output
Intermediate consumption
GVA at basic prices
CFC
NVA at basic prices
Gross Capital Formation
GVA to Output Ratio
GCF to Output Ratio
690056
177743
512313
9161
503152
41621
74.2
6.0
729074
183967
545107
10826
534281
37210
74.8
5.1
S.No.
5
5.1
5.1.1
5.1.2
5.1.2.1
5.1.2.2
5.2
5.3
5.4
Item
Construction
650457
170225
480232
7577
472655
46164
73.8
7.1
Statement 3.2
Output by economic activity and capital formation by industry of use at constant (2011-12) prices
2011-12
2012-13
(` crore)
2013-14
1390484
331142
1059342
154207
905135
835256
76.2
60.1
1516081
352989
1163092
173688
989404
709007
76.7
46.8
1654333
392102
1262231
190774
1071457
636539
76.3
38.5
674659
182254
492405
85197
407208
261548
73.0
38.8
674630
166682
507948
87747
420201
265961
75.3
39.4
634055
101459
532596
91431
441165
335836
84.0
53.0
11
11.1
11.1.1
11.1.2
11.1.2.1
11.1.2.2
Other Services
Output
Intermediate consumption
GVA at basic prices
CFC
NVA at basic prices
763564
232165
531398
48273
483125
809341
245145
564196
50362
513834
893522
268761
624761
53300
571461
11.2
148320
154601
186010
11.3
11.4
69.6
19.4
69.7
19.1
69.9
20.8
12
12.1
12.1.1
12.1.2
12.1.2.1
12.1.2.2
12.2
12.3
12.4
Total
Output
Intermediate consumption
GVA at basic prices
CFC
NVA at basic prices
Gross Capital Formation
GVA to Output Ratio
GCF to Output Ratio
18710969
10515423
8195546
908657
7286889
3185801
43.8
17.0
18957104
10357880
8599224
979498
7619726
3163987
45.4
16.7
19920088
10750302
9169787
1048979
8120808
3208447
46.0
16.1
S.No.
Item
9
9.1
9.1.1
9.1.2
9.1.2.1
9.1.2.2
9.2
9.3
9.4
10
10.1
10.1.1
10.1.2
10.1.2.1
10.1.2.2
10.2
10.3
10.4
Statement 4.1
Gross value added by economic activity at current basic prices
(` crore)
S.No.
1.
1.1
1.2
1.3
1.4
2.
3.
Item
Agriculture, forestry and fishing
crops
livestock
forestry and logging
fishing and aquaculture
Mining and quarrying
Manufacturing
2011-12
2012-13
Percentage Share
2013-14
1505580
986604
324013
129105
65858
262813
1482158
1668676
1080421
367318
142886
78051
284771
1654084
1881152
1233595
406035
144698
96824
298544
1808370
2011-12
18.4
12.0
4.0
1.6
0.8
3.2
18.1
2012-13
18.0
11.7
4.0
1.5
0.8
3.1
17.9
2013-14
18.0
11.8
3.9
1.4
0.9
2.8
17.3
3.1
164211
171900
186611
2.0
1.9
1.8
3.2
3.3
3.4
3.5
149695
294827
316486
556939
197622
237157
364953
682452
222320
251563
401305
746571
1.8
3.6
3.9
6.8
2.1
2.6
3.9
7.4
2.1
2.4
3.8
7.1
194403
213826
244220
2.4
2.3
2.3
774093
882957
792996
89962
801884
1046241
946401
99840
868808
1257324
1147274
110050
9.4
10.8
9.7
1.1
8.7
11.3
10.2
1.1
8.3
12.0
11.0
1.1
530163
614236
688736
6.5
6.6
6.6
61210
260888
7193
4454
63573
5292
72386
303132
7468
7989
72205
6254
79759
334086
7664
6621
76583
6844
0.7
3.2
0.1
0.1
0.8
0.1
0.8
3.3
0.1
0.1
0.8
0.1
0.8
3.2
0.1
0.1
0.7
0.1
127553
144802
177179
1.6
1.6
1.7
480232
546440
609464
5.9
5.9
5.8
1059342
1261259
1465159
12.9
13.6
14.0
492405
531398
8195546
554375
606259
9252051
630500
724862
10477140
6.0
6.5
100.0
6.0
6.6
100.0
6.0
6.9
100.0
4.
5.
6.
6.1
6.2
7.
7.1
7.2
7.3
7.4
7.5
7.6
7.7
8.
9.
10.
11.
12.
Statement 4.2
Gross value added by economic activity at constant (2011-12) basic prices
(` crore)
S.No.
1.
1.1
1.2
1.3
1.4
2.
3.
Item
Agriculture, forestry and fishing
crops
livestock
forestry and logging
fishing and aquaculture
Mining and quarrying
Manufacturing
2011-12
2012-13
2013-14
1505580
986604
324013
129105
65858
262813
1482158
1523470
985194
340661
128160
69455
262253
1574471
1579290
1017921
359312
128550
73507
276380
1658176
3.1
164211
160960
167084
-2.0
3.8
3.2
3.3
3.4
3.5
149695
294827
316486
556939
193215
223142
353540
643614
205338
238557
377882
669315
29.1
-24.3
11.7
15.6
6.3
6.9
6.9
4.0
194403
202224
211846
4.0
4.8
774093
882957
792996
89962
740518
973800
880867
92933
758887
1103532
1006951
96581
-4.3
10.3
11.1
3.3
2.5
13.3
14.3
3.9
530163
574939
616981
8.4
7.3
61210
260888
7193
4454
63573
5292
72249
280365
7417
4192
69153
5928
78940
294326
7671
4444
71771
6011
18.0
7.5
3.1
-5.9
8.8
12.0
9.3
5.0
3.4
6.0
3.8
1.4
127553
135635
153818
6.3
13.4
480232
512313
545107
6.7
6.4
1059342
1163092
1262231
9.8
8.5
492405
531398
8195546
507948
564196
8599224
532596
624761
9169787
3.2
6.2
4.9
4.9
10.7
6.6
4.
5.
6.
6.1
6.2
7.
7.1
7.2
7.3
7.4
7.5
7.6
7.7
8.
9.
10.
11.
12.
Statement 5
Finances for Gross Capital Formation
S.No.
1
Item
Gross Savings
(` crore)
2013-14
Percentage Share
2011-12 2012-13 2013-14
2993926 3181263 3475935
88.8
86.9
94.9
2011-12
2012-13
1.1
1.1.1
1.1.1.1
1.1.1.2
1.1.2
Non-financial corporations
Public non-financial corporations
Departmental enterprises
Non-departmental enterprises
Private non-financial corporations
877386
122853
24769
98084
754532
978732 1200632
124619 120540
31253
32150
93366
88390
854113 1080092
1.2
1.2.1
1.2.1.1
1.2.1.2
1.2.2
Financial corporations
Public financial corporations
Departmental enterprises
Non-departmental enterprises
Private financial corporations
262905
163313
4285
159028
99592
314424
172607
5173
167434
141817
1.3
General Government
-160978
-128016
1.4
1.4.1
1.4.2
1.4.3
1.4.4
Household sector
Gross financial saving
Less Financial liabilities
saving in physical assets
saving in the form of valuables
26.0
3.6
0.7
2.9
22.4
26.7
3.4
0.9
2.6
23.3
32.8
3.3
0.9
2.4
29.5
321752
170220
5475
164745
151532
7.8
4.8
0.1
4.7
3.0
8.6
4.7
0.1
4.6
3.9
8.8
4.6
0.1
4.5
4.1
-111628
-4.8
-3.5
-3.0
59.8
27.7
8.6
39.7
1.0
55.1
28.0
9.0
35.1
1.0
56.4
34.9
12.6
33.1
0.9
186555
11.2
13.1
5.1
100.0
100.0
100.0
376171
477920
Statement 6.1
Gross Capital Formation by industry of use at current prices
(` crore)
S.No.
Item
Percentage Share
2011-12 2012-13 2013-14
1.
1.1
1.2
1.3
1.4
2.
3.
8.6
7.7
7.9
Agriculture, forestry and fishing
7.4
6.5
6.6
crops
0.8
0.7
0.7
livestock
0.1
0.1
0.1
forestry and logging
0.4
0.4
0.5
fishing and aquaculture
2.1
2.4
3.1
Mining and quarrying
19.7
20.7
19.1
Manufacturing
Electricity, gas, water supply & other
4.
286244 323003 350659
9.0
9.6
9.9
utility services
5.
Construction
208502 195233 191862
6.5
5.8
5.4
6.
Trade, repair, hotels and restaurants
204686 321223 406811
6.4
9.6
11.5
6.1
Trade & repair services
169512 289596 373976
5.3
8.6
10.6
6.2
Hotels & restaurants
35174
31628
32835
1.1
0.9
0.9
Transport, storage, communication &
7.
225796 226362 195466
7.1
6.8
5.5
services related to broadcasting
7.1
Railways
31382
37169
41139
1.0
1.1
1.2
7.2
Road transport
96146
84069
56020
3.0
2.5
1.6
7.3
Water transport
7366
7204
911
0.2
0.2
0.0
7.4
Air transport
6284
5798
1670
0.2
0.2
0.0
7.5
Services incidental to transport
16327
27784
27016
0.5
0.8
0.8
7.6
Storage
6709
3421
5648
0.2
0.1
0.2
Communication & services related to
7.7
61582
60915
63062
1.9
1.8
1.8
broadcasting
8.
Financial services
46164
43311
39209
1.4
1.3
1.1
Real estate, ownership of dwelling &
9.
835256 760031 713592
26.2
22.7
20.1
professional services
10.
Public administration and defence
261548 283701 374433
8.2
8.5
10.6
11.
Other services
148320 164336 205824
4.7
4.9
5.8
3185801 3350084 3544083 100.0
100.0
100.0
12.
Total GCF by industry of use*
* This does not include valuables and adjustment factor from flow of funds and hence will not match with GCF,
reported in Statement 1.1
275319
235370
25800
2223
11927
66568
627398
258869
217709
24955
2235
13971
80845
693170
278723
234080
25042
2813
16787
110181
677322
Statement 6.2
Gross Capital Formation by industry of use at constant (2011-12) prices
(` crore)
S.No.
Item
2011-12
2012-13 2013-14
percentage change
over previous year
2012-13 2013-14
1.
1.1
1.2
1.3
1.4
2.
3.
-12.9
-0.3
Agriculture, forestry and fishing
-14.3
-0.8
crops
-11.2
-4.3
livestock
-6.7
18.8
forestry and logging
10.3
11.1
fishing and aquaculture
14.4
28.6
Mining and quarrying
5.9
-5.4
Manufacturing
Electricity, gas, water supply & other
4.
286244
310892 326130
8.6
4.9
utility services
5.
Construction
208502
184441 176299
-11.5
-4.4
6.
Trade, repair, hotels and restaurants
204686
300760 364400
46.9
21.2
6.1
Trade & repair services
169512
271070 334811
59.9
23.5
6.2
Hotels & restaurants
35174
29690
29589
-15.6
-0.3
Transport, storage, communication &
7.
225796
216644 181083
-4.1
-16.4
services related to broadcasting
7.1
Railways
31382
34825
36761
11.0
5.6
7.2
Road transport
96146
80150
51450
-16.6
-35.8
7.3
Water transport
7366
6990
622
-5.1
-91.1
7.4
Air transport
6284
5568
1539
-11.4
-72.4
7.5
Services incidental to transport
16327
26415
24973
61.8
-5.5
7.6
Storage
6709
3195
5013
-52.4
56.9
Communication & services related to
7.7
61582
59500
60725
-3.4
2.1
broadcasting
8.
Financial services
46164
41621
37210
-9.8
-10.6
Real estate, ownership of dwelling &
9.
835256
709007 636539
-15.1
-10.2
professional services
10.
Public administration and defence
261548
265961 335836
1.7
26.3
11.
Other services
148320
154601 186010
4.2
20.3
3185801 3163987 3208447
-0.7
1.4
12.
Total GCF by industry of use*
* This does not include valuables and adjustment factor from flow of funds and hence will not match with GCF,
reported in Statement 1.2
275319
235370
25800
2223
11927
66568
627398
239778
201629
22917
2073
13159
76150
664132
238976
199959
21931
2462
14624
97909
628053
Statement 7.1
Gross Fixed Capital Formation by asset & institutional sector at current prices
S.No.
Item
Gross Fixed Capital Formation
2011-12
2012-13
(` crore)
2013-14
2971246
3136364
3367856
Percentage Share
2011-12
2012-13
2013-14
100
100
100
1
1.1
1.2
1.3
1.4
332240
139114
165977
199
26950
345859
144361
167999
237
33261
403294
169747
184621
251
48674
11.2
4.7
5.6
0
0.9
11.0
4.6
5.4
0
1.1
12.0
5.0
5.5
0
1.4
2
2.1
2.2
2.3
2.4
958217
251735
607543
1169
97769
1144400
342219
698358
1287
102537
1256228
411877
725187
1389
117774
32.2
8.5
20.4
0
3.3
36.5
10.9
22.3
0
3.3
37.3
12.2
21.5
0
3.5
3
3.1
3.2
3.3
3.4
8428
2220
6048
0
160
10385
2426
7675
0
284
11976
3207
8496
0
273
0.3
0.1
0.2
0
0
0.3
0.1
0.2
0
0
0.4
0.1
0.3
0
0
4
4.1
4.2
4.3
4.4
27970
11193
10193
9
6576
29954
13850
10946
26
5132
32052
14910
10847
28
6267
0.9
0.4
0.3
0
0.2
1.0
0.4
0.3
0
0.2
1.0
0.4
0.3
0
0.2
5
5.1
5.2
5.3
5.4
General Government
Dwellings, Other buildings & Structures
Machinery & equipment
Cultivated biological resources
Intellectual property products
316117
235448
68484
157
12028
342443
260713
68512
145
13073
465501
363553
86779
676
14493
10.6
7.9
2.3
0
0.4
10.9
8.3
2.2
0
0.4
13.8
10.8
2.6
0
0.4
Household Sector
1328274
1263323
Dwellings, Other buildings & Structures
1122548
1062363
Machinery & equipment
200038
196051
Cultivated biological resources
5629
4825
Intellectual property products
59
84
Figures in parentheses indicate share in the concerned institutional sector
1198806
1009853
183932
4955
66
44.7
37.8
6.7
0.2
0
40.3
33.9
6.3
0.2
0
35.6
30.0
5.5
0.1
0
6.1
6.2
6.3
6.4
Statement 7.2
Gross Fixed Capital Formation by asset & institutional sector at constant (2011-12) prices
S.No.
Item
Gross Fixed Capital Formation
2011-12
2012-13
(` crore)
2013-14
2971246
2962726
3050236
1
1.1
1.2
1.3
1.4
332240
139114
165977
199
26950
327161
132914
163856
216
30175
362636
146128
176035
204
40269
2
2.1
2.2
2.3
2.4
958217
251735
607543
1169
97769
1099809
316794
682491
1197
99327
1170457
362668
693598
1232
112959
3
3.1
3.2
3.3
3.4
8428
2220
6048
0
160
10117
2246
7589
0
282
11433
2825
8335
0
272
4
4.1
4.2
4.3
4.4
27970
11193
10193
9
6576
28737
12823
10806
24
5084
30012
13133
10598
25
6256
5
5.1
5.2
5.3
5.4
General Government
Dwellings, Other buildings & Structures
Machinery & equipment
Cultivated biological resources
Intellectual property products
316117
235448
68484
157
12028
320816
241371
67090
131
12224
417165
320219
83466
550
12931
Household Sector
Dwellings, Other buildings & Structures
Machinery & equipment
Cultivated biological resources
Intellectual property products
1328274
1122548
200038
5629
59
1176086
981528
190112
4362
84
1058533
880646
173515
4306
66
6.1
6.2
6.3
6.4
Statement 8.1
Private Final Consumption Expenditure at Current Prices
(` crore)
S.No.
Item
2011-12
2012-13
2013-14
Percentage Share
2011-12
2012-13
2013-14
By purpose
Food and non-alcoholic beverages
Alcoholic beverages, tobacco and narcotics
Clothing and footwear
Housing, water, electricity, gas and other fuels
Furnishings, household equipment and routine
household maintenance
Health
Transport
Communication
Recreation and culture
Education
Restaurants and hotels
Miscellaneous goods and services
By durability
Durable goods
Semi-durable goods
Non-durable goods
Services
Private Final Consumption Expenditure in
domestic market
Final consumption expenditure of resident
households in the rest of the world
Final consumption expenditure of non-resident
households in the economic territory
Private Final Consumption Expenditure (3+4.14.2)
1492455
158311
357504
1758536
159751
411826
2079916
175854
456457
29.2
3.1
7.0
29.7
2.7
7.0
30.5
2.6
6.7
770788
862486
1000566
15.1
14.6
14.7
182432
226315
266069
3.6
3.8
3.9
181334
761608
98012
56273
137067
116644
803942
220931
891162
110846
60701
156437
129186
923609
261209
982240
127287
66378
187785
156100
1052533
3.5
14.9
1.9
1.1
2.7
2.3
15.7
3.7
15.1
1.9
1.0
2.6
2.2
15.6
3.8
14.4
1.9
1.0
2.8
2.3
15.5
165686
442110
2118750
2389826
214075
502097
2475754
2719859
237598
551315
2856894
3166587
3.2
8.6
41.4
46.7
3.6
8.5
41.9
46.0
3.5
8.1
41.9
46.5
5116371
5911785
6812394
100.0
100.0
100.0
65906
64333
71426
+1.3
+1.1
+1
91455
101007
111754
-1.8
-1.7
-1.6
5090822
5875111
6772066
99.5
99.4
99.4
Statement 8.2
Private Final Consumption Expenditure at Constant (2011-12) Prices
(` crore)
S.No.
Item
2011-12
2012-13
2013-14
percentage change
over previous year
2012-13
2013-14
By purpose
Food and non-alcoholic beverages
Alcoholic beverages, tobacco and narcotics
Clothing and footwear
Housing, water, electricity, gas and other fuels
Furnishings, household equipment and routine
household maintenance
Health
Transport
Communication
Recreation and culture
Education
Restaurants and hotels
Miscellaneous goods and services
By durability
Durable goods
Semi-durable goods
Non-durable goods
Services
Private Final Consumption Expenditure in
domestic market
Final consumption expenditure of resident
households in the rest of the world
Final consumption expenditure of non-resident
households in the economic territory
Private Final Consumption Expenditure (3+4.14.2)
1492455
158311
357504
1574878
143849
372629
1696626
143808
376674
5.5
-9.1
4.2
7.7
0.0
1.1
770788
810985
849348
5.2
4.7
182432
215665
239061
18.2
10.8
181334
761608
98012
56273
137067
116644
803942
207641
783230
103745
56901
145786
120330
869289
230829
825751
111475
58714
161515
137162
908614
14.5
2.8
5.8
1.1
6.4
3.2
8.1
11.2
5.4
7.5
3.2
10.8
14.0
4.5
165686
442110
2118750
2389826
202603
458481
2195039
2548805
220750
463820
2331983
2723024
22.3
3.7
3.6
6.7
9.0
1.2
6.2
6.8
5116371
5404928
5739577
5.6
6.2
65906
59923
62777
-9.1
4.8
91455
94083
98222
2.9
4.4
5090822
5370768
5704132
5.5
6.2
Statement 9
Institutional Sectors Key economic indicators at current prices
Item
2011-12
2012-13
(` crore)
2013-14
1.1
1.2
1.3
1.4
627456
122853
347393
131353
673807
124619
363076
144970
725889
120540
423410
159956
2.1
2.2
2.3
2.4
2613832
754532
1136120
346443
2979097
854113
1313113
392580
3407205
1080092
1402500
439181
3.1
3.2
3.3
3.4
249805
163313
8428
3207
272612
172607
10385
3576
314398
170220
11976
3951
4.1
4.2
4.3
4.4
230427
99592
37735
4370
273828
141817
32925
5874
295066
151532
27234
7394
5.1
5.2
5.3
5.4
5.5
5.6
General Government
Gross Value Added at basic prices
Gross Disposable Income
Final Consumption Expenditure
Gross Savings
Gross Capital Formation
Consumption of Fixed Capital
794975
826242
987220
-160978
318574
99852
888044
965114
1093130
-128016
345965
107719
1019989
1165839
1277467
-111628
466662
116787
6.1
6.2
6.3
6.4
6.5
6.6
3679050
7093557
5090822
2014613
1337552
323432
4164663
7963587
5875111
2016122
1284620
375326
4714592
8912864
6772066
2065179
1212302
421376
S.No.
1
Statement 10.1
Gross Value Added at factor cost by economic activity at current prices
(` crore)
S.No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
Item
2011-12 2012-13
2013-14
Percentage Share
1553960 1729966
259371 283095
1469005 1637302
1951820
297067
1788986
202395
218944
245624
2.5
2.4
2.3
769842
874412
797274
1032018
864171
1237055
9.4
10.7
8.6
11.1
8.2
11.8
544944
630005
708264
6.6
6.8
6.8
479860
546294
609305
5.8
5.9
5.8
1029826 1228726
1429533
12.5
13.3
13.6
492405 554375
630500
530378 605141
724747
8206398 9263138 10487074
6.0
6.5
100.0
6.0
6.5
100.0
6.0
6.9
100.0
Statement 10.2
Gross Value Added at factor cost by economic activity at constant (2011-12) prices
(` crore)
S.No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
percentage change
over previous year
Item
2011-12
2012-13
2013-14
1553960 1580362
259371 260697
1469005 1558893
1640869
275093
1641285
202395
206975
213069
2.3
2.9
769842
874412
736239
960597
754847
1085870
-4.4
9.9
2.5
13.0
544944
589576
633997
8.2
7.5
479860
512177
544969
6.7
6.4
1029826 1132894
1231187
10.0
8.7
492405 507948
530378 563158
8206398 8609516
532596
624661
9178444
3.2
6.2
4.9
4.9
10.9
6.6
2012-13 2013-14
1.7
3.8
0.5
5.5
6.1
5.3
FORMULAE
1. GVA at basic prices = CE + OS/MI + CFC + Production taxes less Production subsidies
2. GVA at factor cost (earlier referred to as GDP at factor cost) = GVA at basic prices Production taxes
less Production subsidies
3. GDP = GVA at basic prices + Product taxes - Product subsidies
4. NDP/NNI = GDP/GNI - CFC
5. GNI = GDP + Net primary income from ROW (Receipts less payments)
6. Primary Incomes = CE + Property and Entrepreneurial Income
7. NNDI =NNI + other current transfers from ROW, net (Receipts less payments)
8. GNDI = NNDI + CFC = GNI + other current transfers from ROW, net (Receipts less payments)
9. Gross Capital Formation= Gross Savings+ Net Capital Inflow from ROW
10. GCF = GFCF + CIS + Valuables + Errors and Omissions
11. Gross Disposable Income of Govt. = GFCE + Gross Saving of GG
12. Gross Disposable Income of Households = GNDI GDI of Govt. Gross Savings of All Corporations
Annex
The changes introduced in this comprehensive revision have been guided by the
recommendations of the international guidelines on the subject, System of National Accounts,
2008. Major changes that have been made in this series are outlined as under:
Comprehensive coverage of Corporate Sector both in manufacturing and services by
incorporation of annual accounts of companies as filed with the Ministry of Corporate
Affairs (MCA) under their e-governance initiative, MCA21. Partnership firms covered
under Limited Liability Partnership Act have also been covered. For the manufacturing
enterprises, MCA21 database has been used to supplement the information available in the
Annual Survey of Industries.
Improved coverage of activities of local bodies both rural and urban and autonomous
institutions, resulting in better coverage of government activities.
Incorporation of the results of the recent NSS Surveys, viz., Unincorporated Enterprise
Survey (2010-11) and Employment-Unemployment Survey (2011-12), alongwith the
adoption of an Effective Labour Input Method for unincorporated manufacturing and
services enterprises, giving due weights to different categories of workers, i.e., owners,
hired workers and helpers, for compiling the estimates of these enterprises.
Apart from the above-mentioned major changes, specific changes have also been made in the
following industries/sectors:
Agriculture, forestry and fishing
i. Segregation of crop and livestock production;
ii. Adoption of Agriculture Census (2010-11) and Livestock Census (2012);
iii. Revision of yield rates of meat & by-products of different livestock species based on study
conducted by National Research Centre on Meat, Hyderabad.
Mining & manufacturing
i. Estimation of value addition from extraction of sand through an indirect method, in
accordance with its use in construction;
ii. Enterprise Approach adopted for mining and manufacturing activity using MCA21
database to account for head offices, ancillary activities, etc. not covered under the
establishment approach.
Electricity, gas, water supply & other utility services
i. Utility services, including sewage, waste management, recycling and remediation activities,
brought under the group electricity, gas and water supply;
Construction
i. Study on the inputs in the Construction sector by Central Building Research Institute
(CBRI), Roorkee
ii. Incorporation of results of NSS All India Debt & Investment Survey, 2013
Non-financial Services
i. Use of Consumer Price Indices-Rural, Urban and Combined, instead of the CPI-AL/RL/IW
being used earlier;
ii. Use of Service Tax as an indicator for growth in the respective service (s)
Financial Services
i. Comprehensive coverage of financial sector by inclusion of information from the accounts
of stock brokers, stock exchanges, asset management companies, mutual funds and pension
funds, as well as the regulatory bodies, SEBI, PFRDA and IRDA;
In addition to the industry specific changes stated above, changes have been made in estimation
of the expenditure side aggregates:
i.
In the asset-classification, a new category of investment, intellectual property products
(IPPs) consists of research and development; mineral exploration; databases and software;
other IPPs - IPPs are recognised in the business accounts as Intellectual Capital;
ii. Comprehensive coverage of physical assets by inclusion of valuables purchased by
households as savings under household savings in physical assets;
iii. For the key aggregates, estimates have been provided by institutional sectors
Public/Private Financial and Non-financial Corporations, General Government and
Households;
iv. Updation of expenditure pattern of the households using NSS Consumer Expenditure
Survey (2011-12);
v. Updation of wastage ratios of crops and livestock products using a study conducted by
Central Institute of Post-Harvest Engineering and Technology (CIPHET), Ludhiana on
Harvest and Post-harvest losses of major crops and livestock products in India
vi. Improvement in estimates of values and service lives of assets; and
vii. Classification of indirect taxes and subsidies as production and product.
Effect of improvement on major aggregates
The improvements in methodology for estimation and the new and revised source data
incorporated as part of this comprehensive revision have notable effects on the national accounts
statistics without changing broad economic trends. The level of revisions in the major aggregates is
given below in Table 1.
Table 1
Changes at the aggregate level
(Amount in Rs. lakh crore)
S.No. Item
2011-12
2012-13
2013-14
2011-12 2004-05
%
2011-12 2004-05
%
Series
Series change Series
Series change
2011-12 2004-05
%
Series
Series change
82.1
83.9
-2.2
92.6
93.9
-1.3
104.9
104.7
0.2
82.0
85.4
-4.0
92.5
95.6
-3.2
104.8
GDP
88.3
90.1
-2.0
99.9
101.1
-1.2
113.5
113.6
-0.1
GNI
87.6
89.3
-2.0
98.7
100.0
-1.2
112.1
112.3
-0.2
NNI
78.5
80.5
-2.6
88.4
89.8
-1.5
100.6
100.5
0.0
2011-12
2012-13
2013-14
2011-12 2004-05
%
2011-12 2004-05
%
Series
Series change Series
Series change
2011-12 2004-05
%
Series
Series change
GNDI
90.6
92.4
-1.9
102.2
103.5
-1.2
116.0
116.1
0.0
Gross Savings
29.9
28.2
6.0
31.8
30.4
4.5
34.8
PFCE
50.9
51.4
-1.0
58.8
57.7
1.8
67.7
64.9
4.4
GFCE
9.9
10.3
-3.8
10.9
11.9
-8.1
12.8
13.4
-4.8
10 GCF
33.7
32.0
5.3
36.6
35.2
3.9
36.6
29.7
28.6
3.9
31.4
30.7
2.1
33.7
32.1
4.9
11 Exports
21.4
21.5
-0.3
24.4
24.3
0.5
28.5
28.2
1.3
12 Imports
27.2
27.2
-0.2
31.1
31.1
0.0
31.9
32.3
-1.1
9.7
-0.1
6.9
10.8
8.4
11.6
15.9
0.1
2.2
12.7
4.8
9.3
1.4
-2.2
1.1
1.2
-0.2
6.2
4.7
-1.4
-0.7
3.7
5.4
5.3
15.8
10.0
29.2
14.2
2.3
4.0
5.9
4.8
10.2
10.9
3.6
18.5
7.7
7.0
8.3
20.2
1.1
4.5
-4.3
10.3
1.6
1.0
2.5
13.3
15.3
15.9
10.2
12.1
6.0
8.4
6.1
7.3
17.1
17.4
19.9
14.8
10.9
8.8
12.9
7.9
16.2
11.9
17.4
12.9
13.5
11.5
14.8
13.2
5.3
4.5
8.8
4.9
5.6
4.7
7.9
6.6
Note: Estimates for the earlier series (2004-05 series) have been derived from GVA at factor cost,
while estimates for the 2011-12 series have been derived from GVA at basic prices.
database, coverage of the activities other than manufacturing in the companies has improved
significantly. Estimates of trade and repair services has become lower than in the old series
because of two reasons(i)
(ii)
Trade carried out by manufacturing companies, which has now become part of
manufacturing, was earlier covered in trade because of establishment approach;
In 2004-05, no recent survey of unorganised trade enterprises was available for
incorporation and hence the estimates were based on the survey conducted in 19992000. This has now been updated with the survey on Unincorporated Enterprises
conducted by NSS in 2010-11.
Share of the other sectors have also undergone change due to adoption of the latest data sources.
Comparative industry group-wise shares in 2004-05 series and 2011-12 can be seen in Table 3
below.
Table 3
Shares in GVA at current prices
2011-12
S.
Industry
No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
2012-13
2013-14
17.9
2.7
14.7
18.4
3.2
18.1
17.5
2.4
14.1
18.0
3.1
17.9
18.2
2.1
12.9
18.0
2.8
17.3
1.6
2.4
1.7
2.3
1.9
2.3
8.2
9.4
8.1
8.7
7.8
8.3
17.4
10.8
17.2
11.3
16.5
12.0
7.3
6.5
7.5
6.6
7.5
6.6
16.5
13.8
100.0
18.8
12.5
100.0
17.2
14.3
100.0
19.5
12.5
100.0
18.5
14.5
100.0
19.8
12.9
100.0
Note: Estimates for the earlier series (2004-05 series) have been derived from GVA at factor cost,
while estimates for the 2011-12 series have been derived from GVA at basic prices.
********************************