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The GDP of India with regards to purchasing power parity is approximately 4.

463 trillion dollars, which places it in the 4th position in the world. With regards to official exchange rate its GDP is close to $1.843 trillion. At the end of 2011 the real growth rate of India GDP was approximately 7.8 percent, which gives it the 15th rank from a global perspective. In 2010 this was almost 10.1% and in 2009 it was close to 6.8%. The per capita (PPP) GDP of India is approximately 3700 US dollars, which places it in the 163rd position from a global perspective. In 2010 this figure stood at almost $3500 and in the previous year this was at $3200. Sectoral Composition of India GDP As per the figures available for 2011 fiscal, al most 52 percent of Indias GDP comes from the agricultural sector and the services sector is the second biggest contributor with 34 percent. The industrial sector contributes almost 14 percent of Indias GDP.

The Gross Domestic Product (GDP) in India expanded 4.50 percent in the fourth quarter of 2012 over the same quarter of the previous year. GDP Annual Growth Rate in India is reported by the Ministry of Statistics and Programme Implementation. Historically, from 1951 until 2012, India GDP Annual Growth Rate averaged 5.85 Percent reaching an all time high of 10.20 Percent in December of 1988 and a record low of -5.20 Percent in December of 1979. In India, the annual growth rate in GDP at factor cost measures the change in the value of the goods and services produced in India, without counting governments involvement. Simply, the GDP value excludes indirect taxes (VAT) paid to the government and includes the original value of products without accounting for government subsidies. This page includes a chart with historical data for India GDP Annual Growth Rate.

Agriculture and Other Allied Activities Contribution to GDP Year 1st statistics crores 135745 139404 144790 151336 154307 156740 161614 167548 Quarter 2nd in INR statistics crores 108879 113023 116947 122418 123389 126524 132668 136806 Quarter 3rd in INR statistics crores 172401 185750 193209 211649 204748 201853 224044 230359 Quarter 4th in INR statistics crores 148401 156309 164245 169677 171675 177390 190778 193955 Quarter in INR

200405 200506 200607 200708 200809 200910 201011 201112

Mining and Quarrying Contribution to India GDP

Year

200405 200506 200607 200708 200809 200910 201011 201112

1st statistics crores 20275 21110 22187 22391 22903 24616 26304 26251

Quarter 2nd in INR statistics crores 20067 19649 20901 21837 22125 23676 25398 24016

Quarter 3rd in INR statistics crores 21744 21745 23608 24620 25226 26582 28200 27403

Quarter 4th in INR statistics crores 22943 23636 25882 27149 26989 29351 29520 30798

Quarter in INR

Manufacturing Contribution to India GDP

Year

200405 200506 200607 200708 200809 200910 201011 201112

1st statistics crores 104208 117187 131954 148701 159042 167571 182895 196170

Quarter 2nd in INR statistics crores 116104 120670 137611 152128 162174 176550 187309 192790

Quarter 3rd in INR statistics crores 115718 126161 143788 158009 162114 180421 194435 195509

Quarter 4th in INR statistics crores 122684 134992 157084 170214 172445 195187 209523 208999

Quarter in INR

Electricity, Gas and Water Supply Contribution to GDP

Year

200405 200506 200607 200708 200809 200910 201011 201112

1st statistics crores 15369 16775 18054 19839 20687 21902 22541 24333

Quarter 2nd in INR statistics crores 15738 16448 18076 19679 20723 22175 22241 24424

Quarter 3rd in INR statistics crores 15671 16737 18561 19823 20823 21656 22480 24509

Quarter 4th in INR statistics crores 15898 17161 18667 20084 21110 22533 23684 24839

Quarter in INR

Construction Contribution to GDP

Year

200405 200506 200607 200708 200809 200910 201011 201112

1st statistics crores 54628 60665 67520 75338 82403 86032 93264 96539

Quarter 2nd in INR statistics crores 55320 60888 67183 76521 81673 86377 91557 97317

Quarter 3rd in INR statistics crores 57934 66693 72817 80352 80911 88339 96000 102376

Quarter 4th in INR statistics crores 60973 69877 77278 83178 87571 94970 103378 108385

Quarter in INR

Trade, Hotel, Transport and Communications Contribution to India GDP

Year

200405 200506 200607 200708 200809 200910 201011 201112

1st statistics crores 166536 189062 208411 234697 257700 279250 314546 357883

Quarter 2nd in INR statistics crores 173240 194038 217544 239445 261944 289020 319798 350263

Quarter 3rd in INR statistics crores 186971 208192 233919 258240 272156 301003 330117 363101

Quarter 4th in INR statistics crores 200973 225403 251680 279431 295776 327941 365994 391527

Quarter in INR

Finance, Insurance, Real Estate and Business Services Contribution to GDP

Year

200405 200506 200607 200708 200809 200910 201011 201112

1st statistics crores 105870 117760 133638 150540 168259 187106 205861 225165

Quarter 2nd in INR statistics crores 106130 119871 136440 153509 170953 189145 208815 229498

Quarter 3rd in INR statistics crores 110428 123364 141377 158429 177881 192558 214205 233758

Quarter 4th in INR statistics crores 114744 131482 149923 165897 189619 201074 221114 243294

Quarter in INR

Community, Social and Personal Services Contribution to GDP

Year

200405 200506 200607 200708 200809 200910 201011 201112

1st statistics crores 92414 98447 104767 109294 118993 134423 140384 144849

Quarter 2nd in INR statistics crores 100785 107946 111540 119536 131515 156838 163941 173869

Quarter 3rd in INR statistics crores 100215 107861 109432 115429 142649 154070 152857 162710

Quarter 4th in INR statistics crores 117947 125904 126981 139569 152027 164765 180493 193275

Quarter in INR

India Gross Domestic Product at Factor Cost

Year

200405 200506 200607 200708 200809 200910 201011 201112 Indias

1st statistics crores 695045 760412 831321 912135 984293 1057641 1147409 1238738

Quarter 2nd in INR statistics crores 690774 752534 826243 905075 974496 1070305 1151725 1228982

Quarter 3rd in INR statistics crores 781082 856505 936709 1026552 1086507 1166482 1262338 1339724

Quarter 4th in INR statistics crores 804564 884765 971738 1055198 1117212 1213211 1324484 1395071

Quarter in INR

GDP statistics for the first three months of 2012 were not at par with expectations. During

April the rate of industrial production was pretty unimpressive as well when compared on a yearon-year basis and to March 2012.

The fact that India has not been able to effect useful structural improvements has hampered its possible growth as well. In the final quarter the national economy grew at 6.1 percent and in the next quarter it came down to 5.3%, which is the lowest figure recorded after 2004.

However, inflation rate is still pretty high in India. In May 2012, the WPI inflation increased to 7.55 percent as opposed to 7.23% in April. At present the CPI inflation rate is more than 10 percent.

INDIA'S GDP GROWTH SLOWS TO 4.5% IN Q4


India's quarterly GDP at factor cost at constant (2004-05) prices for Q3 of 2012-13 is estimated at Rs. 14,11,594 crore, as against Rs. 13,51,252 crore in Q3 of 2011-12, showing a growth rate of 4.5 percent over the corresponding quarter of previous year.

The economic activities which registered significant growth in Q3 of 2012-13 over Q3 of 2011-12 are: financing, insurance, real estate and business services at 7.9 percent, construction at 5.8 percent, community, social & personal services at 5.4 percent, trade, hotels, transport and communication at 5.1 per cent and electricity, gas & water supply at 4.5 percent. The growth rate in agriculture, forestry & fishing, mining and quarrying and manufacturing is estimated at 1.1 percent, (-) 1.4 per cent and 2.5 per cent, respectively in this period. According to the second advance estimates of production of crops released on 8.2.2013 by the Department of Agriculture and Cooperation (DAC), which has been used in compiling the estimate of GDP from agriculture in Q3 of 2012-13, the production of coarse cereals and pulses during the Kharif season of 2012-13 is estimated to have declined by 4.8 per cent and 9.3 per cent respectively over the corresponding season in the previous agriculture year. Among the commercial crops, the production of oilseeds is estimated to have declined by 5.9 per cent during the Kharif season of 2012-13, while the production of sugarcane and cotton is expected to decline by 7.3 per cent and 4.0 per cent, respectively, during the agriculture year 2012-13. However, horticulture crops, livestock products are expected to grow at 3.5 percent and 5.1 percent respectively.

According to the latest estimates available on the Index of Industrial Production (IIP), the index of mining, manufacturing and electricity, registered growth rates of (-) 3.2 per cent, 2.6 per cent and 4.4 per cent, respectively in Q3 of 2012-13, as compared to the growth rates of (-) 4.2 per cent, 1.1 per cent and 9.6 per cent in these sectors in Q3 of 2011-12. In the mining sector, production of coal and crude oil registered growth rates of 1.5 per cent and 0.4 per cent in Q3 of 2012-13, as against the growth rates of 1.1 per cent and (-) 4.1 per cent in Q3 of 2011-12. The key indicators of construction sector, namely, cement and finished steel production registered growth rates of 2.7 per cent and 5.7 per cent, respectively in Q3 of 2012-13.

Among the services sectors, the key indicators of railways, namely, the net tonne kilometers and passenger kilometers have shown growth rates of 0.1 per cent and 3.1 per cent, respectively in Q3 of 2012-13, as against the growth rates of 5.3 per cent and 5.6 per cent, in the corresponding period of previous year. In the transport and communication sectors, the sale of commercial vehicles, cargo handled at major ports, cargo handled by the civil aviation and passengers handled by the

civil aviation registered growth rates of (-) 4.7 per cent, (-) 2.7 per cent, (-) 5.0 per cent and (-)5.9 per cent, respectively in Q3 of 2012-13 over Q3 of 2011-12. The key indicators of banking, namely, aggregate bank deposits and bank credits have shown growth rates of 11.1 per cent and 15.2 per cent, respectively during April-December, 2012-13 over the corresponding period in 201112.

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