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    The document summarizes key economic indicators in India that demonstrate the resilience of the Indian economy. It shows declining current account deficit as a percentage of GDP, declining unemployment rate, declining non-performing assets as a percentage of bank advances, rising digital transactions, rising monthly GST collections, and falling headline inflation rates. Overall, the indicators reflect an economy that is rebounding well despite challenges.

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    The document summarizes key economic indicators in India that demonstrate the resilience of the Indian economy. It shows declining current account deficit as a percentage of GDP, declining unemployment rate, declining non-performing assets as a percentage of bank advances, rising digital transactions, rising monthly GST collections, and falling headline inflation rates. Overall, the indicators reflect an economy that is rebounding well despite challenges.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    3 views1 page

    SplitPDFFile 12

    Uploaded by

    irshadmirza753
    The document summarizes key economic indicators in India that demonstrate the resilience of the Indian economy. It shows declining current account deficit as a percentage of GDP, declining unemployment rate, declining non-performing assets as a percentage of bank advances, rising digital transactions, rising monthly GST collections, and falling headline inflation rates. Overall, the indicators reflect an economy that is rebounding well despite challenges.

    Copyright:

    © All Rights Reserved
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    of 1

    Resilient Performance of the Indian Economy

    2.5
    Declining CAD as % of GDP Declining Unemployment Rate
    2.0
    6.1
    5.8
    Per cent of GDP

    1.5 4.8
    4.2 4.1
    1.0

    Per cent
    3.2

    0.5

    0.0 H1: FY24


    FY14
    FY15
    FY16
    FY17
    FY18
    FY19
    FY20
    FY21
    FY22
    FY23

    2017-18 2018-19 2019-20 2020-21 2021-22 2022-23

    Declining GNPAs as % of 16000 Rising volume of Digital


    Gross Advances Transactions
    11.2
    Gross NPAs a % of Gross Advances

    12000
    9.3 9.1
    8.2
    Crore

    7.5 7.3
    5.8 8000
    4.3
    3.8
    3.2
    4000
    Sep-23
    FY14

    FY15

    FY16

    FY17

    FY18

    FY19

    FY20

    FY21

    FY22

    0
    FY18 FY19 FY20 FY21 FY22 FY23 FY24

    Rise in average monthly gross Fall in Headline Inflation


    GST collections
    9.4
    1.8
    1.7
    1.5
    1.5 6.7
    6.2
    ₹ Lakh Crore

    5.8
    5.5 5.5
    1.2
    Per cent

    4.9 4.8
    1.2 4.5
    1.0 3.6 3.4
    1.0 0.9
    0.9
    0.9

    0.6
    FY21
    FY18

    FY19

    FY20

    FY22

    FY23

    FY24

    FY24*
    FY14

    FY15

    FY16

    FY17

    FY18

    FY19

    FY20

    FY21

    FY22

    FY23

    10

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