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Indian Economy A Few Facts : At A Glance -- FOR EXAMS AND INTERVIEWS



Indian Economy A Few Facts : At A Glance
AREA
Total Area of the Country
3287263 sq. km
Length of Coast line
8118 kms
Exclusive Economic Zone
2.02 million sq. km
Continental Shelf Area
0.53 million sq. km
Percentage of World Area
2.42 per cent (7th Place)
Forest & Tree Cover Area
782871 sq. km (23.81 % of the total area)
Total Forest Cover Area (2012-13)
70007 sq. km
(Including 4662 km2 area under mangroves)
(21.05% of the total geographical area)
Agricultural Land/Cultivable Land (2012-13)
181.95 million hectare
Cultivated Land (2012-13)
155.21 million hectare
Net Area sown (2012-13)
139.93 million hectare
Per Capital Agricultural Land (2012-13)
0.147 hectare
Gross Irrigated Area (2012-13)
92.57 million hectare (47.6% of total cropped area)
Rainfed Area as % of net sown area (2012-13)
52.4%
Largest State (Areawise)
Rajasthan
Smallest State (Areawise)
Goa
State touching boundaries of Maximum States
Uttar Pradesh (Touches boundaries of 8 States-Uttarakhand, Himachal Pradesh, Haryana, Rajasthan, M.P., Chhattisgarh, Jharkhand and Bihar)
Area under food grains (2013-14)
125.042 million hectares (89.36% of net sown area)

POPULATION
Total Population of the Country (Census 2011)
121.0854 crore
Decadal Growth Rate (2001-11)
17.7%
Rural Population Growth
12.3%
Urban Population Growth
31.8%
Percentage of World Population (2011)
17.5%
Total Rural Population (2011)
83.37 crore
Total Urban Population (2011)
37.71 crore
Rural-Urban Population Ratio (2011)
68.84:31.16
Sex Ratio (2011) (Female per thousand male)
943
Child Sex Ratio (2011) (Female Child/1000 male children)
919
State with highest Female-Male Ratio (2011)
Kerala (1084)
Labour Force (2009-13) World Bank
48.43 crore
Total workers (2011 census)
48.17 crore
Male
33.18 crore
Female
14.98 crore
Density of Population (2011)
382 per sq. km
Birth Rate (2013)
21.4 per thousand population
Death Rate (2013)
7.0 per thousand population
TFR per woman (2013)
2.3
TFR (Rural)
2.5
TFR (Urban)
1.8
Maternal Mortality Rate (Per 100000 live births) (2011-13)
167

CENSUS 2011
Figures At a Glance – India
Population
Persons
Rural
Urban
1210.8 million
833.7 million
377.1 million
100.00
68.8
31.2
Decadal Population Growth 2001-11

Absolute
Percentage growth rate

Persons
Males
Females
18,19,89,496
99.97 million
99.99 million
17.7
12.3
31.8
Density of Population (per sq. km)
Sex Ratio (Females per 1000 males)

382

943


Population in the age group 0-6

Absolute
Percentage to total population

Persons
Rural
Urban
164.5 million
121.3 million
43.2 million
13.6
14.6
11.5
Literacy rate
Persons
Males
Females

73.0
80.9
64.6
(The census 2011 results of Mao-Masam, Paomata and Parul subdivisions of Senapati district of Manipur were with held due to administrative reasons. The figure have now been finalized and declared by office of the registrar General of India on 07-01-2014. Above given census data is after the inclusion of the census of three subdivisions of Senapati District of Manipur.)
Infant Mortality Rate (2013)
40 per thousand live births
Rural
44
Urban
27
Males
39
Female
42
Child (0-5) Mortality Rate 2013 (Per 1000 Children)
49
Life Expectancy (at the time of birth)
68.13 years
Male (2011-2015)
67.3 years
Female (2011-2015)
69.6 years
Literacy Rate (2011)
73.0 per cent
Male
80.9 per cent
Female
64.6 per cent
Literacy (2011)

Rural Male
77.2%
Urban Male
88.8%
Rural Female
57.9%
Urban Female
79.1%
Religionwise Population (2011)

(i) Hindu population (%)
79.8%
(ii) Muslim population (%)
14.2%
(iii) Christian population (%)
2.3%
(iv) Sikh population (%)
1.7%
Population Growth % (2001-2011)

(i) Hindu
16.8%
(ii) Muslim
24.6%
(iii) Christian
15.5%
(iv) Sikh
8.4%
Religionwise Sex-ratio (2011)

(i) Hindu
939/1000 males
(ii) Muslims
951/1000 males
State having maximum Muslim population
Assam

GDP Growth Rates (at Market Price)

At Constant Price (2011-12)
At Current Price
2014-15 (Q1)
6.7
13.4
2014-15 (Q2)
8.4
13.6
2014-15 (Q3)
6.6
8.1
2014-15 (Q4)
7.5
7.7
2014-15 (P.E.)
7.3
10.5

Sectoral Contribution in GDP New Series
(At Constant 2011-12 Prices)




(in %)
Sector
2011-12
2012-13
2013-14
2014-15
Agriculture and Allied Sectors
18.9
18.7
18.6
17.6
Industry
32.9
31.7
30.5
29.7
Service Sector
48.2
49.6
50.9
52.7

100.0
100.0
100.0
100.0

NATIONAL INCOME ESTIMATES
New Base Year
2011-12
Real GDP or GDP at

Constant Price (2011-12)

2014-15 (PE)
*       106.44 lakh crore
2013-14 (New Series)
*       99.21 lakh crore
Gross Value Added at



Basic Price (on Constant Prices 2011-12)

2014-15 (PE)
*       9803 lakh crore
2013-14 (New Series)
*       91.70 lakh crore
GDP at Current Prices

2014-15 (PE)
*       125.41 lakh crore
2013-14 (New Series)
*       113.45 lakh crore
GNP at Constant Price (2011-12)

2014-15 (PE)
*       105.13 lakh crore
2013-14 (New Series)
*       98.00 lakh crore
NNP at Constant Price (2011-12)

2014-15 (PE)
*       93.89 lakh crore
2013-14 (New Series)
*       87.52lakh crore
Per Capital Income at Constant Price (2011-12)

2014-15 (PE)
*       74104
2013-14 (New Series)
*       69959
GNP at Current Price

2014-15
*       123.94 lakh crore
NNP at Current Price

2014-15
*       111.17 lakh crore
Per Capital Income at Current Prices

2014-15 (PE)
*       87748
2013-14 (New Series)
*       80388

ECONOMIC INDICATORS
Index of Industrial Production (2014-15) (August 2015)
Average 2015-16 (April-August)
(Base: 2004-05 = 100)
176.9


178.8
Share of Industrial Sector in GVA (2014-15)
29.7%
Index of Agricultural Production (2013-14) (Base : 2007-08=100)
129.2
Wholesale Price Index Average (April 2015) (Base : 2004-05 = 100)
176.0
Wholesale Price Index based inflation Rate (April 2015)

(-) 2.65%
Consumer Price Index for Industrial Workers (2013-14) Average (Base : 2001 = 100) December 2014
236

253
Consumer Price Index (Base : 2012 = 100) Combined March 2015
120.1
Consumer Price Index (Base : 2012 = 100) Rural March 2015
121.0
Consumer Price Index (Base : 2012 = 100) Urban March 2015
119.1

Consumer Price Index based inflation Rate (March 2015)
Combined



5.37
Rural
Urban
5.79
4.95
Number of Industries Reserved for Public Sector

03
Number of Industries Requiring Compulsory License

05
Micro, Small and Medium Enterprises (MSMEs) Contribution

(i) in country’s GDP
8%
(ii) in manufactured output
45%
(iii) in country’s exports
40%
Main Food Crop of India
Rice
India’s place in the World Production of Sugar and Sugarcane

First
State with Highest Production of Wheat (2013-14)

Uttar Pradesh
State with Highest Production of Rice (2013-14)

West Bengal
State with Highest Production of Pulses (2013-14)

Madhya Pradesh
State with Highest Production of Coarse Cereals (2013-14)

Rajasthan
State with Highest Production of total Food grains (2013-14)

Uttar Pradesh
State with Highest Production of total Oilseeds (2013-14)

Madhya Pradesh
State with Highest Production of Sugarcane (2013-14)

Uttar Pradesh
State with Highest Production of Cotton (2013-14)

Gujarat
State with Highest Production of Potato (2013-14)

West Bengal
State with Highest Production of Onion (2013-14)

Maharashtra
State with Highest Production of Jute and Mesta (2013-14)

West Bengal

ANNUAL RATE OF GROWTH OF GDP
(At constant prices)

First Plan (1951-56)
3.6%
Second Plan (1956-61)
4.1%
Third Plan (1961-66)
2.5%
Three Annual Plan (1966-69)
3.8%
Fourth Plan (1969-74)
3.3%
Fifth Plan (1974-78)
5.0%
Annual Plan (1979-80)
6.0%
Sixth Plan (1980-85)
5.4%
Seventh Plan (1985-90)
5.8%
Annual Plan (1990-92)
3.0%
Eighth Plan (1992-97)
6.7%
Ninth Plan (1997-2002)
5.5%
Tenth Plan (2002-07)
Target 8.0%

Achieved 7.8%
Eleventh Plan (2007-12)

Target (Original)
9%
Target (Revised)
8.1%
Achieved
7.9%
12th Plan (2012-17) Target
8.0%

MAIN PRODUCTION
Food grains

Krishi Vigyan Kendra (2013-14)
641
Agriculture Universities (2013-14)
70
Horticulture Crops
341
Raw Steel (2013-14)
81.84 million tones
Cement (2013-14)
303 million tones
Coal (2013-14)
566 million tones
Crude Oil (2013-14)
37.77 million tones
Electricity Generated (2013-14)
967.15 billion kWh

Agriculture Production


(Million Tonnes)

2013-14 (Final Estimates)
2014-15 (4th Advanced Estimates)
Total Foodgrains
265.57
252.68
Total Pulses
19.78
17.20
Total Oilseeds
32.75
26.68
Rice
106.65
104.80
Wheat
95.85
88.94
Coarse Cereals
43.29
41.75

Minimum Support Prices for Rabi Crops of 2014-15 Season to be Marketed in 2015-16

( per quintal)
Commodity
MSP for 2015-16 Season
Wheat
1450
Barley
1150
Gram
3175
Minimum Support Prices for Rabi Crops of 2014-15 Season to be Marketed in 2015-16

( per quintal)
Commodity
MSP for 2015-16 Season
Masur (Lentil)
3075
Rapeseed/Mustard
3100

Minimum Support Prices for Kharif Crops for 2015-16 Season


( per quintal)
Commodity
Variety
MSP for 2015-16 Season
Paddy
Common
1410

Grade A
1450
Jowar
Hybrid
1570

Maldandi
1590
Bajra
-
1275
Maize
-
1325
Ragi
-
1650
Tur (Arhar)
-
4625
Moong
-
4850
Urad
-
4625
Groundnut in-shell
-
4030
Soyabean
Yellow
2600
Sunflower Seed
-
3800
Sesamum
-
4700
Nigerseed
-
3650
Cotton
Medium Staple
3800

Long Staple
4100

FOREIGN TRADE


(In $ billion)

2013-14
2014-15
Exports
314.416
310.534
Imports
450.214
447.548
Trade Balance
-135.798
-137.014

Establishment of First Trade Point in India
New Delhi (August 16, 1994)
Commodity with Highest Share in Total Export Value (2013-14)
Crude & Petroleum Products 20.57%
Country with Highest Foreign Trade with India (2013-14)
China
% Share of Indian exports in total world exports (2012)
1.8%
India’s share in world imports (2012)
2.5%

FOREIGN EXCHANGE RESERVES
(As on October 16,2015)

Foreign Currency Assets
329.970 billion dollar
Gold
18.151 billion dollar
Reserve Tranche with IMF
1.323 billion dollar
FOREIGN EXCHANGE RESERVES
(As on October 16,2015)

SDR
4.082 billion dollar
Total Foreign Exchange Reserved
353.527 billion dollar

TRANSPORT
Total Rail Route (March 31, 2014)
65,808 km
Electrified Rail Route (March 31, 2014)
21614 km (32.84% of Total)
Percentage of passenger traffic operated on electric traction (Approximate)

50.5%
Percentage of freight traffic operated on electric traction (Approximate)

65.2%
Rail operating ratio 2014-15 (R.E.)
91.8%
Rail operating ratio 2015-16 (B.E.)
88.5%
Asia’s First and World’s Second Largest Rail System
Indian Railways
Largest Railway Zone
Northern Railway
Total Road Network
4.885 million km
Total Length of National Highways/Expressways (March 2014)
92851 km
Total Length of State Highways
142687 km
Total Length of Other Roads
4649462 km
Longest National Highway
N. H. No. 7 (2369 km)
State with Highest Road Length
Rajasthan (7886.20 km)
Number of Major Ports
13
Number of Non-Major Ports
200

MONEYTARY AND CREDIT POLICY
(Status as on September 29, 2015)

Bank Rate
7.75%
Marginal Standing Facility Rate
7.75%
Cash Reserve Ratio (CRR)
4.0%
Statutory Liquidity Ratio (SLR)
21.5%
Repo Rate
6.75%
Reverse Repo Rate
5.75%
External Debt (End-June 2015)

Total External Debt
$482.9 billion
Long-term External Debt
$398.5 billion (82.5% of total debt)
Short-term External Debt
$84.4 billion (17.5% of total debt)

India’s Key External Debt Indicators
(Status at end-June 2015)
1. External debt to GDP
24.0%
2. Debt Service Ratio
7.5%
3. Concessional Debt to Total Debt
8.7%
4. Foreign Exchange Reserves to Total Debt
73.7%


India’s Key External Debt Indicators
(Status at end-June 2015)
5. Short-term External Debt to Foreign Exchange Reserves

23.7%
6. Short-term External Debt to Total Debt
17.5%

Govt. (Sovereign) External Debt (June 30, 2015)
$ 89.4 billion
Share of US dollar denominated debt in total debt
58.1% (Highest)
Share in total debt

* US $ denominated
58.1%
* Indian Rupee
28.4%
* SDR
5.9%
* Japanese Yen
3.9%
* Euro
2.3%
Internal Debt of Government of India

* 2013-14 (R.E.)
 4593516 crore
* 2014-15 (B.E.)
 4591064 crore

Cooperative Credit Institutions in India
(As at end of March 2013)
(A)
Rural Co-operatives (Short-Term Credit)


* State Co-operative Banks
31

* District Co-operative Banks
370

* Primary Agricultural Credit Societies
92432
(B)
Rural Co-operatives (Long-Term Credit)


* State Co-operative Agriculture and Rural Development Banks
20

* Primary Co-operative Agriculture and Rural Development Societies
697
(C)
Urban Co-operative Banks


* Scheduled Urban Co-operative Banks
51

(i) Multi-State
25

(ii) Single State
26

* Non-Scheduled Urban Co-operative Banks
1555

(i) Multi-State
21

(ii) Single State
1534

Non-Banking Financial Companies (NBFCs) (As at end of March 2012)

* Number of NBFCs registered with RBI
12385
* Number of NBFCs registered with RBI (Deposite taking)
271
Development Banks

* NABARD
Estd.-July 12, 1982; HQ-Mumbai
* NHB
Estd.-July 1988; HQ-New Delhi
* SIDBI
Estd.-April 2, 1990; HQ-Lucknow
* EXIM Bank
Estd.-Jan. 1, 1982; HQ-Mumbai
Foreign Direct Investment

Cumulative FDI inflows
(April 2000-March 2014)
(April 2000-June 2015)
(Including re-invested earnings & other capital)

US $ 323.912 billion
US $ 380.215 billion
Cumulative Portfolio Foreign Investment (April 2000-June 2015)

$ 188.949 billion
FDI inflows 2014-15
US $ 44.291
Maximum FDI inflow from (Country)
Mauritius (35.38%)
Maximum FDI inflow in (Sector)
Services Sector (17.5%)
followed by construction (10.06%)
Telecommunication (7.05%)
Maximum FDI inflow in (State/Region)
RBI’s Mumbai Regional Office (30.0%)
[(Maharashtra, Dadra & Nagar Haveli, Daman & Diu) followed by NCR Delhi (19%) and Chennai (7%)]
Indian Banking Sector

Central Bank
Reserve Bank of India
(Estd. 1935; Nationalised-1949;
HQ-Mumbai; Governor-Raghuram Rajan)
First Nationalisation of Commercial Banks
6 (Aril 1980)
Planning

Establishment of Planning Commission
March 15, 1950
(Through a resolution adopted by the Parliament)
Nature of the Planning Commission
Non-Statutory and Advisory
Establishement of National Development Council
August 6, 1952
Chairman of the Planning Commission and National Development Council
Prime Minister
Completed Five Year Plans
Eleven
Ongoing Five Year Plans
Twelve (April 1, 2012-March 31, 2017)
Plan Gap
1966-67 to 1968-69
1978-79 to 1979-80
1990-91 to 1991-92
Gross Domestic Saving Rate

Eleventh Plan (2007-12)
33.5%
Twelfth Plan (2012-17)
33.6%
Investment Rate

Eleventh Plan (2007-12)
38.2%
Twelfth Plan (2012-17)
38.8%
Public Sector Plan Outlay (at 2004-05 Constant Price)

Eleventh Plan (2007-12)
 3676936 crore
Twelfth Plan (2012-17)
 7669807 crore

Branch Expansion of Public Sector Banks and Other Commercial Banks


Number of Branches on June 30, 2014
Rural Branches
% of Rural Branches
A.
SBI and Its Associates
22,043
7,863
35.7
B.
Nationalised Banks (including IDBI Ltd.)
61,164
20,802
34.0

(i) Nationalised Banks
59,544
20,467
34.4

(ii) Other Public Sector Banks
1,620
335
20.7
C.
Regional Rural Banks
19,082
14,242
74.6

Total of Public Sector Banks (including RRBs)
102,289
42,907
41.9
D.
Private Sector Banks
18,859
4,042
21.4
E.
Foreign Banks
321
7
2.2

All Scheduled Commercial Banks (A to E)
121,469
46,956
38.7

Non-Scheduled Commercial Bank
66
20
30.3

Local Area Banks
66
20
30.3

All Commercial Banks
121,535
46,976
38.7

NEW SCHEMES IN UNION BUDGET 2014-15
Soil Health Card Scheme.
Paramparagat Krishi Vikas Yojana.
Micro Units Development Refinance Agency (MUDRA) Bank.
Pradhan Mantri Mudra Yojana.
Electronic Trade Receivables Discounting System (TReDS)
Pradhan Mantri Suraksha Bima Yojana.
Senior Citizen Welfare Fund.
Nai Manjil-An integrated Education and Livelihood Scheme.
National Investment and Infrastructure Fund (NIIF).
Atal Innovation Mission.
SETU (Self-Employment and Talent Utilization)-Techno-Financial, Incubation and Facilitation Programme).
Gold Monetisation Scheme.
Faster Adoption and Manufacturing of Electronic Vehicles (FAME).
National Skill Mission.
Deen Dayal Upadhyay Gramin Kaushal Yojana.
IT based Student Financial Aid Authority.
Pradhan Mantri Vidya Lakshmi Karyakram.

New Institutions of Higher Learning
AIIMS-Jammu & Kashmir, Punjab, Tamil Nadu, Himachal Pradesh, Assam and Bihar.
IITs-Karnataka, Upgradation of Indian Institute of Mines into a full-fledged IIT.
IIMs-Jammu&Kashmir and Andhra Pradesh.
Post Graduate Institute of Horticulture Research and Education – Amristar.

National Institutes of Pharmaceutical Education and Research – Maharashtra, Rajasthan, Chhattisgarh.
Institute of Science and Education Research – Nagaland and Odisha.
Centre for Film Production, Animation and Gaming – Arunachal Pradesh.
Apprenticeship Training Institute for Women – Haryana and Uttarakhand.

DEVELOPMENT AND EMPLOYMENT PROGRAMME
Beginning of Jawahar Rojgar Yojana (JRY)
April 1, 1989
Beginning of Employment Assurance Scheme (EAS)
October 2, 1993
Percentage of Wage Factor in Total
Expenditure under JRY
Beginning Year of IRDP

60%
1978-79
Minimum Percentage of SC/ST People in Target Group of IRDP
50%
Head Office of CAPART
New Delhi
Beginning of Nehru Rojgar Yojana (NRY)
Oct. 1989
Beginning of Swaran Jayanti Shahari
Rojgar Yojana (SJSRY)
Annapurna Yojana

December1, 1997
March 19, 1999
Beginning of Swaran Jayanti

Gram Swarojgar Yojana
April 1, 1999
Jan Shree Bima Yojana
August 10, 2000
Beginning of Antyodaya Anna Yojana
Dec. 25, 2000
Beginning of Sampurna Gramin

Rojgar Yojana
Sept. 25, 2001
Beginning of Pradhan Mantri Gram

Sadak Yojana
Dec. 25, 2001
Social Security Scheme for Labours of Unorganised Sector
January 23, 2004
National Food for Work Programme
Nov. 14, 2004
National Rural Employment Guarantee Programme
February 2, 2006
Aam Aadmi Bima Yojana
August 31, 2007
National Rural Livelihood Mission
June 2011
National Urban Livelihood Mission
2013-14
Pradhan Mantri Jan Dhan Yojana
August 28, 2014
Make in India Campaign
September 25, 2014
Pt. Deendayal Upadhyay Antyodaya Yojana
September 25, 2014
Clean India Campaign
October 2, 2014
Pt. Deendyal Upadhyay Shramev Jayate Programme
October 16, 2014
National Mission on Pilgrimage Rejuvenation and Spiritual Augmentation Drive (PRASAD)
2014-15
National Heritage Development and Augmentation Yojana
January 21, 2015
Sukanya Samriddhi Yojana
January 22, 2015
Beti Bachao Beti Padhao Campaign
January 22, 2015
Pradhan Mantri Kaushal Vikas Yojana: 2015-16 HriDay : 2015-16

Atal Pension Yojana: 2015-16



FINANCE COMMISSION
Appointment of Finance Commission
President (Under Article 280)
No. of Finance Commissions setup by now
14
Chairman of 12th Finance Commission
Dr. C. Rangarajan
Chairman of 13th Finance Commission
Vijai L. Kelkar
Chairman of 14th Finance Commission
Y.B. Reddy
Period of Adopting and Implementing

14th Finance Commission Recommendation’s
2015-20

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