Ministry of Statistics & Programme Implementation
Provisional Estimates of Annual National Income, 2016-17 And Quarterly Estimates of Gross Domestic Product, 2016-17
Posted On:
31 MAY 2017 6:44PM by PIB Delhi
The Central
Statistics Office (CSO), Ministry of Statistics and Programme Implementation,
has released the Provisional estimates of national income for the financial
year 2016-17 and quarterly estimates of Gross Domestic Product (GDP) for
the fourth quarter (January-March) of 2016-17, both at constant (2011-12) and
current prices.
- The estimates of Quarterly
GDP have been compiled using the new series of Index of Industrial
Production (IIP) and Wholesale price Indices (WPI). The new series of IIP
and WPI with base 2011-12 was released by CSO and the Office of Economic
Advisor (OEA), Department of Industrial Policy and Promotion, Ministry of
Commerce and Industry, respectively on 12th May, 2017.
- Accordingly, Annual estimates
of GDP for the years 2011-12 to 2015-16, which were released
on 31st January 2017 have been
revised on account of using new series of IIP and WPI. Growth
rates of GDP for the years 2011-12 to 2015-16, based on the new series of
IIP and WPI and old series of IIP and WPI are given below:
(At Current
Prices( In Rs.crore))
|
(At Constant
Prices (In Rs. Crore))
|
Year
|
GDP
|
GDP growth rates
(%)
|
Year
|
GDP
|
GDP growth rates
(%)
|
|
Old Series
|
New Series
|
Old
|
New
|
|
Old
|
New
|
Old
|
New
|
2011-12
|
8736039
|
8736329
|
|
|
2011-12
|
8736039
|
8736329
|
|
|
2012-13
|
9946636
|
9944013
|
13.9
|
13.8
|
2012-13
|
9215125
|
9213017
|
5.5
|
5.5
|
2013-14
|
11236635
|
11233522
|
13.0
|
13.0
|
2013-14
|
9817822
|
9801370
|
6.5
|
6.4
|
2014-15
|
12433749
|
12445128
|
10.7
|
10.8
|
2014-15
|
10522686
|
10536984
|
7.2
|
7.5
|
2015-16
|
13675331
|
13682035
|
10.0
|
9.9
|
2015-16
|
11357529
|
11381002
|
7.9
|
8.0
|
- Quarterly estimates of GDP of
the previous years along with the first, second and third quarter
estimates of 2016-17 released earlier have undergone revision in
accordance with the revision policy of National Accounts. Quarterly
estimates for the years 2014-15, 2015-16, and 2016-17 are presented in
Statements 5 to 8.
- PROVISIONAL ESTIMATES OF
NATIONAL INCOME, 2016-17
- The Second Advance estimates
of national income for the year 2016-17 were released on 28th February, 2017. These
estimates have now been revised incorporating latest estimates of
agricultural production, index of industrial production and performance of
key sectors like, railways, transport other than railways, communication,
banking, insurance and government expenditure. Early results on the
performance of corporate sector for April-December 2016 which were used in
the advance estimates have been revised on the basis of latest available
information. The information on corporate performance as available from
company finance studies of RBI is supplemented with the information
available from advance filings with Bombay Stock Exchange and National
Stock Exchange.
- The salient features of these
estimates are detailed below:
(a) Estimates
at current prices
Gross Domestic
Product
- GDP at current prices in the
year 2016-17 is estimated at `84 lakh crore, showing a growth rate of 11.0
percent over the estimates of GDP for the year 2015-16 of `136.82
lakh crore.
- The sectors which registered
growth rate of over 9.0 percent and above at current prices are
‘agriculture’, ‘manufacturing’ , ‘trade, hotels, transport, communication
and services related to broadcasting’, 'financial, real estate and
professional services', and 'public administration, defence and other
services’.
- 9. Sector
analysis
Agriculture
9.1.
The ‘agriculture, forestry and fishing’ sector has shown a growth rate of 9.0
percent at current prices. The GVA estimates of this sector have been compiled
using the Third Advance Estimates of production of food grains for
2016-17. The third advance estimates of food grain production was 273.38
million tonnes in 2016-17 which is higher than the second advance estimates of
food grain production during 2016-17 of 271.98 million tonnes
and final estimates of 251.57 million tonnes during the agricultural year
2015-16.
Mining and quarrying
9.2
The ‘mining and quarrying’ sector has shown a growth rate of 1.9 percent at
current prices. As per the available information, private corporate sector
growth in the mining sector as estimated from major listed companies at current
prices was 1.8 percent . The Index of Industrial Production of mining
registered growth of 5.3 percent during 2016-17. Production of coal and crude
oil registered growth rates of 3.6 percent and (-) 2.5 percent during 2016-17.
Manufacturing
9.3
The growth in the ‘manufacturing’ sector is estimated at 9.3 percent at current
prices. The private corporate sector growth (which has a share of around 70
percent in the manufacturing sector) as estimated from available data of listed
companies with BSE and NSE was 12.4 percent at current prices during 2016-17.
The quasi corporate and unorganized segment (which includes individual
proprietorship and partnerships and khadi & village Industries having a
share of around 23 percent in the manufacturing sector) has been estimated
using IIP of manufacturing. The IIP of manufacturing registered a growth rate
of 4.9 percent during 2016-17.
Electricity, Gas,
water supply and other utility services
9.4
GVA at basic prices for 2016-17 from
‘Electricity, gas, water supply and other utility services’ sector is estimated
to grow by 6.5 percent at current prices. The key indicator of this
sector, namely, IIP of Electricity registered a growth rate of 5.8 per cent
during April-March, 2016-17.
Construction
9.5
GVA at basic prices for 2016-17 from
‘Construction’ sector is estimated to grow by 3.5 percent at current
prices. Key indicators of construction sector, namely, production
of cement and consumption of finished steel registered growth rates of (-) 1.3
per cent and 3.0 percent, respectively, during 2016-17.
Trade, hotels,transport,
communication and services related to broadcasting
9.6.
GVA at basic prices for 2016-17 from this sector is
estimated to grow by 9.8 percent at current prices. Key indicator used for
estimating GVA from Trade sector is the sales tax growth. As per the available
monthly data on State accounts, sales tax collection grew by 11.4 percent
during 2016-17. Indicator used for measuring GVA from hotels and restaurant
sector is the private corporate growth in this sector.
Among the other
services sectors, the sale of commercial vehicles, cargo handled at major sea
ports, cargo handled by the civil aviation and passengers handled by the civil
aviation registered growth rates of 4.2 percent, 6.8 percent, 11.9 per cent and
18.3 per cent respectively during April-March of 2016-17. Indicators of
Railways sector, namely, Net Tonne Kilometers and Passenger Kilometers have
shown growth of (-)5.3 percent and 0.4 percent respectively during 2016-17.
Financial,
insurance, real estate and professional services
9.7
The sector 'financial, real estate and professional services' has shown a
growth rate of 9.8 per cent at current prices. Major component of this industry
is the real estate and professional services which has a share of 71.0 percent.
The key indicators of this sector are the quarterly growth of corporate sector
for computer related activities which is estimated from available data from
listed companies. The key indicators of banking, namely, aggregate bank
deposits and bank credits have shown growth of 11.8 percent and 5.1 percent,
respectively as on 31stMarch, 2017.
Public
administration and defence and other services
9.8
The sector ‘Public administration, defence and other services' has shown a
growth rate of 16.6 percent at current prices. The key indicator of this sector
namely, union government revenue expenditure net of interest payments grew by
18.3 percent during this period.
National Income
- The GNI at current prices is
estimated at `149.94 lakh crore during 2016-17, as compared to `135.22
lakh crore during 2015-16, showing a rise of 10.9 percent.
Per Capita Net
National Income
- The per capita income at
current prices during 2016-17 is estimated to have attained a level of
`103219 as compared to the estimates for the year 2015-16 of `94130
showing a rise of 9.7 percent.
(b)
Estimates at constant (2011-12) prices
Gross Domestic
Product
- Real GDP or GDP at constant
(2011-12) prices for the year 2016-17 is estimated at `121.90 lakh crore
showing a growth rate of 7.1 percent over the year 2015-16 of `113.81 lakh
crore.
Gross Value Added
(GVA)at Basic Prices
- Real GVA, i.e, GVA at basic
constant (2011-12) prices for the year 2016-17 is estimated at `111.85
lakh crore showing a growth rate of 6.6 percent over the GVA for the year
2015-16 of `104.91 lakh crore.
- The sectors which registered
growth rate of over 7.0 percent at constant prices are 'public
administration, defence and other services’ (11.3 percent), ),
manufacturing (7.9 percent),‘ trade, hotels, transport, communication and
services related to broadcasting’ (7.8 percent),‘electricity, gas, water
supply other utility services (7.2 percent) ’.The growth in the
‘agriculture, forestry and fishing’, ‘mining and quarrying’,
‘construction’ and 'financial, real estate and professional services' is
estimated to be 4.9 per cent, 1.8 per cent, 1.7 per cent and 5.7 per cent
respectively.
Gross National
Income
- The Gross National Income
(GNI) at 2011-12 prices is estimated at `120.35 lakh crore during 2016-17,
as against the previous year’s estimate of `112.46 lakh crore. In terms of
growth rates, the gross national income is estimated to have risen by 7.0
percent during 2016-17, in comparison to the growth rate of 8.0 percent in
2015-16.
Per Capita Income
- 16. The per capita income in
real terms (at 2011-12 prices) during 2016-17 is likely to attain a level
of `82,269 as compared to `77,803 for the year 2015-16. The growth rate in
per capita income is estimated at 7 percent during 2016-17, as against 6.8
percent in the previous year.
II ANNUAL
ESTIMATES OF EXPENDITURES OF GDP, 2016-17
- Along with the Provisional
Estimates of GDP by economic activity, CSO is also releasing the estimates
of expenditures of the GDP at current and constant (2011-12) prices. These
estimates have been compiled using the data on indicators available from
the same sources as those used for compiling GDP estimates by economic
activity, detailed data available on merchandise trade in respect of
imports and exports, balance of payments, and monthly expenditure of
Central Government. As various components of expenditure on gross domestic
product, namely, consumption expenditure and capital formation, are
normally measured at market prices, discussion in the following paragraphs
is in terms of market prices.
Private Final
Consumption Expenditure
- Private Final Consumption
Expenditure (PFCE) at current prices is estimated at `89.27 lakh crore in
2016-17 as against `79.32 lakh crore in 2015-16. At constant (2011-12)
prices, the PFCE is estimated at `68.07 lakh crore in 2016-17 as
against`62.62lakhcrore in 2015-16. In terms of GDP, the rates of PFCE at
current and constant (2011-12) prices during 2016-17 are estimated at 58.8
percent and 55.8percent, respectively, as against the corresponding rates
of 58.0 percent and 55.0 percent, respectively in 2015-16.
Government Final
Consumption Expenditure
- 19. Government Final
Consumption Expenditure (GFCE) at current prices is estimated at `69 lakh
crore in 2016-17 as against `14.11 lakh crore in 2015-16. At constant
(2011-12) prices, the GFCE is estimated at `13.40 lakh crore in 2016-17 as
against `11.10 lakh crore in 2015-16. In terms of GDP, the rates of GFCE
at current and constant (2011-12) prices during 2016-17 are estimated at
11.7 percent and 11.0 percent, respectively, as against the corresponding
rates of 10.3 percent and 9.8 percent, respectively in 2015-16.
Gross Fixed Capital
Formation
- Gross Fixed Capital Formation
(GFCF) at current prices is estimated at `41.18 lakh crore in 2016-17 as
against `40.03 lakh crore in 2015-16. At constant (2011-12) prices, the
GFCF is estimated at `36.02 lakh crore in 2016-17 as against `35.18 lakh
crore in 2015-16. In terms of GDP, the rates of GFCF at current and
constant (2011-12) prices during 2016-17 are estimated at 27.1 percent and
29.5 percent, respectively, as against the corresponding rates of 29.3
percent and 30.9 percent, respectively in 2015-16.
- Estimates of gross/net
national income and per capita income, along with GVA at basic prices by
kind of economic activity and the Expenditures of GDP for the years
2014-15, 2015-16 and 2016-17 at constant (2011-12) and current prices are
given in Statements 1 to 4.
III QUARTERLY
ESTIMATES OF GDP FOR Q4 (JANUARY-MARCH), 2016-17
(a) Estimates at
current prices
- The four quarters of a
financial year are denoted by Q1, Q2, Q3 and Q4. GDP at current prices in
Q4 of 2016-17 is estimated at `41.51 lakh crore, as against `36.91
lakhcrore in Q4 of 2015-16, showing a growth of 12.5 percent. GVA at current
basic prices in Q4 of 2016-17 is estimated at `35.28 lakh crore, as
against `31.70 lakhcrore in Q4 of 2015-16, showing a growth of 11.3
percent. Growth rates at current prices in various sectors are as follows:
‘agriculture, forestry and fishing’ (7.9 percent), ‘mining and quarrying’
(33.0 percent), ‘manufacturing’ (8.6 percent), ‘electricity, gas, water
supply and other utility services’ (9.6 percent) ‘construction’ (1.2
percent), 'trade, hotels, transport and communication' (11.7 percent),
'financial, real estate and professional services' (9.6 percent), and
‘Public administration, defence and other Services' (24.2 percent).
- According to the latest
estimates available on the IIP, the index of mining, manufacturing and
electricity registered growth rates of 7.7percent, 1.8 percent and 4.3
percent respectively, in Q4 of 2016-17. In the transport and communication
sectors, the sale of commercial vehicles and cargo handled at major ports,
registered growth rates of 5.7 percent and 4.7 percent respectively in Q4
of 2016-17.
- The PFCE and GFCF at current
prices in Q4 of 2016-17 are estimated at `24.36 lakh crore and `10.58Â
lakh crore, respectively. The rates of PFCE and GFCF at current prices as
percentage of GDP in Q4 of 2016-17 are estimated at 58.7 percent and 25.5
percent, respectively, as against the corresponding rates of 59.1 percent
and 28.5 percent, respectively in Q4 of 2015-16.
(b) Estimates at
constant (2011-12) prices
- GDP at constant (2011-12)
prices in Q4 of2016-17 is estimated at `32.28 lakh crore, as against
`30.42 lakh crore in Q4 of 2015-16, showing a growth rate of 6.1 percent.
GVA at basic prices at constant (2011-12) prices in Q4 of 2016-17 is
estimated at `28.69 lakhcrore, as against `27.18 lakh crore in Q4 of
2015-16, showing a growth rate of 5.6 percent.
The consumer price index has shown a rise of 3.6 per cent during Q4 of 2016-17.
The wholesale price index (WPI), in respect of the groups, food articles,
minerals, manufactured products, electricity and all commodities, has risen by
2.2 per cent, 7.2 percent, 3.2 percent, 3.3 percent and 5.0 percent,
respectively during Q4 of 2016-17. The WPI growth rates based on
old and new series for the year 2016-17 is given in the table below.
|
|
ANNUAL
|
Q1
|
Q2
|
Q3
|
Q4
|
|
|
2004-05
|
2011-12
|
2004-05
|
2011-12
|
2004-05
|
2011-12
|
2004-05
|
2011-12
|
2004-05
|
2011-12
|
All commodities
|
3.7
|
1.7
|
1.4
|
-0.7
|
3.8
|
1.0
|
3.6
|
1.7
|
5.9
|
5.0
|
Food articles
|
5.1
|
4.1
|
7.2
|
6.7
|
9.3
|
5.7
|
2.0
|
1.8
|
2.0
|
2.2
|
Minerals
|
1.5
|
6.9
|
-16.0
|
4.9
|
-9.8
|
10.8
|
10.1
|
4.8
|
30.6
|
7.2
|
Electricity
|
-1.1
|
-0.7
|
1.1
|
-4.3
|
-2.8
|
-2.7
|
-2.8
|
1.1
|
0.0
|
3.3
|
Manufactured
products
|
2.6
|
1.3
|
1.2
|
-0.6
|
2.3
|
0.8
|
3.3
|
1.9
|
3.5
|
3.2
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- Growth rates in various
sectors are as follows: ‘agriculture, forestry and fishing’ (5.2 percent),
‘mining and quarrying’ (6.4percent), ‘manufacturing’ (5.3 percent),
‘electricity, gas, water supply and other utility services’ (6.1percent)
‘construction’ (-3.7 percent), 'trade, hotels, transport and
communication' (6.5percent), 'financial, real estate and professional
services' (2.2percent), and ‘Public administration, defence and other
Services' (17.0 percent).
- The PFCE and GFCF at constant
(2011-12) prices in Q4 of 2016-17 are estimated at `18.48 lakh crore and
`9.19 lakh crore, respectively. The rates of PFCE and GFCF as percentage
of GDP in Q4 of 2016-17were 57.3 percent and 28.5 percent, respectively,
as against the corresponding rates of 56.6 percent and 30.8 percent,
respectively in Q4 of 2015-16.
- Estimates of GVA at basic
prices by kind of economic activity and the expenditures of GDP for the
four quarters of 2014-15, 2015-16 and 2016-17 at constant (2011-12) and
current prices, are given in Statements 5 to 8.
- The next release of quarterly
GDP estimate for the quarter April-June, 2017 (Q1 of 2017-18) will be on
31.08.2017.
STATEMENT 1: Provisional Estimates of National Income and
Expenditures on GDP, 2016-17 (At 2011- 12 Prices)
|
|
(` crore)
|
|
|
S. No.
|
Item
|
2014-15
|
2015-16
|
2016-17
(PE)
|
percentage change
over previous year
|
|
2015-16
|
2016-17
|
|
Domestic Product
|
|
|
|
|
1
|
GVA at basic
prices
|
9719023
|
10490514
|
11185440
|
7.9
|
6.6
|
2
|
Net Taxes on
Products including import duties
|
817961
|
890488
|
1004414
|
8.9
|
12.8
|
3
|
GDP (1+2-3)
|
10536984
|
11381002
|
12189854
|
8.0
|
7.1
|
4
|
NDP
|
9356260
|
10116809
|
10841917
|
8.1
|
7.2
|
|
Final Expenditures
|
|
|
|
|
5
|
PFCE
|
5902386
|
6262373
|
6806624
|
6.1
|
8.7
|
6
|
GFCE
|
1073894
|
1109725
|
1340086
|
3.3
|
20.8
|
7
|
GFCF
|
3302173
|
3518446
|
3602041
|
6.5
|
2.4
|
8
|
CIS
|
270613
|
274447
|
291179
|
1.4
|
6.1
|
9
|
VALUABLES
|
187957
|
180274
|
148700
|
-4.1
|
-17.5
|
10
|
Exports of goods
and services
|
2512176
|
2378687
|
2486007
|
-5.3
|
4.5
|
11
|
Less Imports of
goods and services
|
2667658
|
2510753
|
2568680
|
-5.9
|
2.3
|
12
|
Discrepancies
|
-44556
|
167803
|
83897
|
|
|
13
|
GDP
|
10536984
|
11381002
|
12189854
|
8.0
|
7.1
|
|
RATES TO GDP
|
|
|
|
|
|
14
|
PFCE
|
56.0
|
55.0
|
55.8
|
|
|
15
|
GFCE
|
10.2
|
9.8
|
11.0
|
|
|
16
|
GFCF
|
31.3
|
30.9
|
29.5
|
|
|
17
|
CIS
|
2.6
|
2.4
|
2.4
|
|
|
18
|
VALUABLES
|
1.8
|
1.6
|
1.2
|
|
|
19
|
Exports of goods
and services
|
23.8
|
20.9
|
20.4
|
|
|
20
|
Less Imports of
goods and services
|
25.3
|
22.1
|
21.1
|
|
|
21
|
Discrepancies
|
-0.4
|
1.5
|
0.7
|
|
|
22
|
GDP
|
100.0
|
100.0
|
100.0
|
|
|
|
|
|
|
|
|
|
23
|
GNI
|
10412280
|
11246305
|
12034713
|
8.0
|
7.0
|
24
|
NNI
|
9231556
|
9982112
|
10686776
|
8.1
|
7.1
|
Per Capita Income, Product and Final Consumption
|
25
|
Population* (in
million)
|
1267
|
1283
|
1299
|
1.3
|
1.2
|
|
|
|
|
|
|
|
26
|
Per Capita GDP
|
83165
|
88706
|
93840
|
6.7
|
5.8
|
27
|
Per Capita GNI
|
82181
|
87656
|
92646
|
6.7
|
5.7
|
28
|
Per Capita NNI
|
72862
|
77803
|
82269
|
6.8
|
5.7
|
29
|
Per Capita PFCE
|
46586
|
48810
|
52399
|
4.8
|
7.4
|
|
|
|
|
|
|
|
|
|
|
PE: Provisional
Estimates
STATEMENT 2: Provisional Estimates of National Income and
Expenditures on GDP, 2016-17( At Current Prices)
|
|
(` crore)
|
|
|
S.No.
|
Item
|
2014-15
|
2015-16
|
2016-17
(PE)
|
percentage change
over previous year
|
|
|
|
|
|
2015-16
|
2016-17
|
|
Domestic Product
|
|
|
|
|
1
|
GVA at basic
prices
|
11481794
|
12458642
|
13669914
|
8.5
|
9.7
|
2
|
Net Taxes on
Products including import duties
|
963334
|
1223393
|
1513795
|
27.0
|
23.7
|
3
|
GDP (1+2-3)
|
12445128
|
13682035
|
15183709
|
9.9
|
11.0
|
4
|
NDP
|
11101191
|
12236662
|
13597811
|
10.2
|
11.1
|
|
Final Expenditures
|
|
|
|
|
5
|
PFCE
|
7232800
|
7932331
|
8927010
|
9.7
|
12.5
|
6
|
GFCE
|
1298639
|
1411460
|
1769036
|
8.7
|
25.3
|
7
|
GFCF
|
3783837
|
4002781
|
4117674
|
5.8
|
2.9
|
8
|
CIS
|
308697
|
301923
|
328198
|
-2.2
|
8.7
|
9
|
VALUABLES
|
209407
|
197256
|
166287
|
-5.8
|
-15.7
|
10
|
Exports of goods
and services
|
2863541
|
2728643
|
2911700
|
-4.7
|
6.7
|
11
|
Less Imports of
goods and services
|
3235965
|
3044917
|
3133081
|
-5.9
|
2.9
|
12
|
Discrepancies
|
-15828
|
152559
|
96886
|
1.1
|
0.6
|
13
|
GDP
|
12445128
|
13682035
|
15183709
|
9.9
|
11.0
|
|
RATES TO GDP
|
|
|
|
|
14
|
PFCE
|
58.1
|
58.0
|
58.8
|
|
|
15
|
GFCE
|
10.4
|
10.3
|
11.7
|
|
|
16
|
GFCF
|
30.4
|
29.3
|
27.1
|
|
|
17
|
CIS
|
2.5
|
2.2
|
2.2
|
|
|
18
|
VALUABLES
|
1.7
|
1.4
|
1.1
|
|
|
19
|
Exports of goods
and services
|
23.0
|
19.9
|
19.2
|
|
|
20
|
Less Imports of
goods and services
|
26.0
|
22.3
|
20.6
|
|
|
21
|
Discrepancies
|
-0.1
|
1.1
|
0.6
|
|
|
22
|
GDP
|
100.0
|
100.0
|
100.0
|
|
|
|
|
|
|
|
|
|
23
|
GNI
|
12297698
|
13522256
|
14994109
|
10.0
|
10.9
|
24
|
NNI
|
10953761
|
12076882
|
13408211
|
10.3
|
11.0
|
25
|
GNDI
|
12702852
|
13935339
|
15379509
|
9.7
|
10.4
|
26
|
NNDI
|
11358915
|
12489965
|
13793611
|
10.0
|
10.4
|
Per Capita Income, Product and Final Consumption
|
27
|
Per Capita GDP
|
98225
|
106641
|
116888
|
8.6
|
9.6
|
28
|
Per Capita GNI
|
97062
|
105396
|
115428
|
8.6
|
9.5
|
29
|
Per Capita NNI
|
86454
|
94130
|
103219
|
8.9
|
9.7
|
30
|
Per Capita GNDI
|
100259
|
108615
|
118395
|
8.3
|
9.0
|
31
|
Per Capita PFCE
|
57086
|
61826
|
68722
|
8.3
|
11.2
|
|
|
|
|
|
|
|
Note: Estimates of
Disposable Income are compiled only at current prices.
|
|
|
|
|
|
|
|
PE: Provisional
Estimates
STATEMENT
3: Provisional Estimates of GVA at Basic Price by Economic Activity
(At
2011-12 prices)
(` crore)
|
|
|
Industry
|
2014-15
|
2015-16
|
2016-17
(PE)
|
Percentage change
over previous year
|
|
|
|
2015-16
|
2016-17
|
1. agriculture,
forestry & fishing
|
1,606,140
|
1,617,208
|
1,696,175
|
0.7
|
4.9
|
2. mining &
quarrying
|
293,821
|
324,740
|
330,485
|
10.5
|
1.8
|
3. manufacturing
|
1,689,504
|
1,872,115
|
2,019,927
|
10.8
|
7.9
|
4. electricity,
gas, water supply & other utility services
|
213,744
|
224,447
|
240,590
|
5.0
|
7.2
|
5. construction
|
838,203
|
879,782
|
894,668
|
5.0
|
1.7
|
6.trade,hotels,transport,communication
and services related to broadcasting
|
1,800,919
|
1,989,161
|
2,143,956
|
10.5
|
7.8
|
7. financial, real
estate & professional services
|
2,075,549
|
2,298,798
|
2,429,638
|
10.8
|
5.7
|
8. Public
Administration, defence and other services
|
1,201,143
|
1,284,263
|
1,430,002
|
6.9
|
11.3
|
GVA at Basic Price
|
9,719,023
|
10,490,514
|
11,185,440
|
7.9
|
6.6
|
|
|
|
|
|
|
|
|
PE: Provisional
Estimates
STATEMENT
4: Provisional Estimates of GVA at Basic Price by Economic Activity
(At current
prices)
|
|
(` crore)
|
|
Industry
|
2014-15
|
2015-16
|
2016-17
(PE)
|
Percentage change
over previous year
|
|
|
|
2015-16
|
2016-17
|
1. agriculture,
forestry & fishing
|
2,068,958
|
2,175,547
|
2,372,085
|
5.2
|
9.0
|
2. mining &
quarrying
|
314,177
|
296,253
|
301,921
|
-5.7
|
1.9
|
3. manufacturing
|
1,883,937
|
2,064,820
|
2,257,413
|
9.6
|
9.3
|
4. electricity,
gas, water supply & other utility services
|
279,631
|
321,651
|
342,422
|
15.0
|
6.5
|
5. construction
|
987,493
|
1,006,403
|
1,041,343
|
1.9
|
3.5
|
6.trade,hotels,transport,communication
and services related to broadcasting
|
2,095,121
|
2,294,364
|
2,519,999
|
9.5
|
9.8
|
7. financial, real
estate & professional services
|
2,363,250
|
2,631,120
|
2,889,048
|
11.3
|
9.8
|
8. Public
Administration, defence and other services
|
1,489,226
|
1,668,486
|
1,945,683
|
12.0
|
16.6
|
GVA at Basic
Price
|
11,481,794
|
12,458,642
|
13,669,914
|
8.5
|
9.7
|
PE: Provisional Estimates
STATEMENT 5:
Quarterly Estimates of GVA at Basic Prices for 2016-17
.
(at
2011-12 prices)
|
|
|
GVA
AT BASIC PRICE (` in crore)
|
PERCENTAGE
CHANGE OVER PREVIOUS YEAR
|
|
2014-15
|
2015-16
|
2016-17
|
2015-16
|
2016-17
|
industry
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
1. agriculture, forestry & fishing
|
362,740
|
299,736
|
522,895
|
420,769
|
371,468
|
306,694
|
511,784
|
427,262
|
380,833
|
319,173
|
546,854
|
449,313
|
2.4
|
2.3
|
-2.1
|
1.5
|
2.5
|
4.1
|
6.9
|
5.2
|
2. mining & quarrying
|
80,609
|
59,018
|
70,133
|
84,062
|
87,294
|
66,214
|
78,355
|
92,877
|
86,485
|
65,368
|
79,816
|
98,817
|
8.3
|
12.2
|
11.7
|
10.5
|
-0.9
|
-1.3
|
1.9
|
6.4
|
3. manufacturing
|
423,539
|
425,198
|
391,160
|
449,606
|
458,128
|
464,719
|
442,766
|
506,502
|
507,223
|
500,655
|
478,856
|
533,194
|
8.2
|
9.3
|
13.2
|
12.7
|
10.7
|
7.7
|
8.2
|
5.3
|
4. electricity, gas, water supply& other utility ser vices
|
53,828
|
54,807
|
53,151
|
51,958
|
55,324
|
57,912
|
55,292
|
55,919
|
61,018
|
60,850
|
59,403
|
59,320
|
2.8
|
5.7
|
4.0
|
7.6
|
10.3
|
5.1
|
7.4
|
6.1
|
5. construction
|
209,445
|
205,660
|
207,783
|
215,314
|
222,464
|
208,855
|
220,327
|
228,135
|
229,321
|
217,790
|
227,805
|
219,752
|
6.2
|
1.6
|
6.0
|
6.0
|
3.1
|
4.3
|
3.4
|
-3.7
|
6. trade, hotels, transport &communication and services related to
boardcasting
|
430,346
|
431,263
|
439,108
|
500,201
|
474,733
|
466,888
|
483,310
|
564,230
|
516,958
|
503,064
|
523,308
|
600,626
|
10.3
|
8.3
|
10.1
|
12.8
|
8.9
|
7.7
|
8.3
|
6.5
|
7. financial,, real est. & professional Services
|
540,396
|
592,973
|
460,100
|
482,081
|
594,754
|
670,123
|
508,328
|
525,592
|
650,607
|
717,077
|
524,916
|
537,038
|
10.1
|
13.0
|
10.5
|
9.0
|
9.4
|
7.0
|
3.3
|
2.2
|
8. Public administration, defence and other services
|
276,514
|
312,251
|
315,180
|
297,198
|
293,784
|
334,639
|
338,742
|
317,098
|
318,963
|
366,583
|
373,483
|
370,973
|
6.2
|
7.2
|
7.5
|
6.7
|
8.6
|
9.5
|
10.3
|
17.0
|
GVA
at Basic Price
|
2377418
|
2380906
|
2459510
|
2501190
|
2557949
|
2576044
|
2638905
|
2717616
|
2751407
|
2750560
|
2814440
|
2869032
|
7.6
|
8.2
|
7.3
|
8.7
|
7.6
|
6.8
|
6.7
|
5.6
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STATEMENT 6: Quarterly Estimates of GVA at Basic Prices
for 2016-17
(at current prices)
|
GVA
AT BASIC PRICE(` in crore)
|
PERCENTAGE
CHANGE OVER PREVIOUS YEAR
|
|
2014-15
|
2015-16
|
2016-17
|
2015-16
|
2016-17
|
industry
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
1. agriculture, forestry & fishing
|
454,681
|
402,199
|
679,930
|
532,147
|
487,463
|
411,860
|
705,018
|
571,206
|
535,817
|
453,016
|
766,847
|
616,405
|
7.2
|
2.4
|
3.7
|
7.3
|
9.9
|
10.0
|
8.8
|
7.9
|
2. mining & quarrying
|
96,403
|
70,235
|
74,339
|
73,201
|
89,202
|
62,948
|
70,301
|
73,802
|
74,069
|
57,256
|
72,432
|
98,164
|
-7.5
|
-10.4
|
-5.4
|
0.8
|
-17.0
|
-9.0
|
3.0
|
33.0
|
3. manufacturing
|
472,528
|
477,931
|
436,528
|
496,951
|
510,270
|
513,542
|
486,748
|
554,259
|
561,546
|
557,478
|
536,427
|
601,962
|
8.0
|
7.5
|
11.5
|
11.5
|
10.0
|
8.6
|
10.2
|
8.6
|
4. electricity, gas, water supply& other utility ser vices
|
69,020
|
70,980
|
70,040
|
69,591
|
80,345
|
83,635
|
78,419
|
79,253
|
84,781
|
85,543
|
85,205
|
86,893
|
16.4
|
17.8
|
12.0
|
13.9
|
5.5
|
2.3
|
8.7
|
9.6
|
5. construction
|
248,627
|
248,534
|
244,988
|
245,343
|
257,820
|
240,308
|
252,284
|
255,990
|
263,908
|
253,148
|
265,345
|
258,942
|
3.7
|
-3.3
|
3.0
|
4.3
|
2.4
|
5.3
|
5.2
|
1.2
|
6. trade, hotels, transport &communication and services related to
boardcasting
|
504,845
|
514,604
|
511,746
|
563,926
|
554,319
|
542,097
|
558,511
|
639,436
|
599,817
|
589,846
|
615,823
|
714,513
|
9.8
|
5.3
|
9.1
|
13.4
|
8.2
|
8.8
|
10.3
|
11.7
|
7. financial, real est. & professional Services
|
620,754
|
695,051
|
520,864
|
526,581
|
690,702
|
774,052
|
579,758
|
586,608
|
768,015
|
856,073
|
621,811
|
643,148
|
11.3
|
11.4
|
11.3
|
11.4
|
11.2
|
10.6
|
7.3
|
9.6
|
8. Public administration, defence and other services
|
340,271
|
393,775
|
392,246
|
362,934
|
380,690
|
435,775
|
442,603
|
409,418
|
428,746
|
499,351
|
509,267
|
508,320
|
11.9
|
10.7
|
12.8
|
12.8
|
12.6
|
14.6
|
15.1
|
24.2
|
GVA
at Basic Price
|
2,807,130
|
2,873,310
|
2,930,682
|
2,870,673
|
3,050,811
|
3,064,217
|
3,173,643
|
3,169,971
|
3,316,698
|
3,351,712
|
3,473,157
|
3,528,347
|
8.7
|
6.6
|
8.3
|
10.4
|
8.7
|
9.4
|
9.4
|
11.3
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STATEMENT 7: Quarterly Estimates of Expenditures of GDP for
2016-17
(at 2011-12 prices)
Item
|
|
(`
crore)
|
|
RATES
of GDP (%)
|
|
|
2015-16
|
|
|
|
2016-17
|
|
2015-16
|
2016-17
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
1. Private Final Consumption Expenditure (PFCE)
|
|
1,453,347
|
1,484,050
|
1,602,945
|
1,722,032
|
1,575,613
|
1,601,797
|
1,780,914
|
1,848,300
|
53.3
|
53.6
|
56.4
|
56.6
|
53.6
|
53.8
|
58.6
|
57.3
|
2. Government Final Consumption Expenditure
|
|
286,327
|
326,759
|
267,516
|
229,123
|
333,761
|
380,561
|
323,603
|
302,161
|
10.5
|
11.8
|
9.4
|
7.5
|
11.3
|
12.8
|
10.6
|
9.4
|
3. Gross Fixed Capital Formation (GFCF)
|
|
849,973
|
848,892
|
881,093
|
938,488
|
912,768
|
874,494
|
895,740
|
919,040
|
31.2
|
30.6
|
31.0
|
30.8
|
31.0
|
29.4
|
29.5
|
28.5
|
4. Change in Stocks
|
|
67,160
|
68,126
|
64,908
|
74,252
|
73,118
|
72,171
|
69,029
|
76,862
|
2.5
|
2.5
|
2.3
|
2.4
|
2.5
|
2.4
|
2.3
|
2.4
|
5. Valuables
|
|
40,244
|
46,978
|
44,081
|
48,972
|
34,687
|
36,783
|
35,273
|
41,958
|
1.5
|
1.7
|
1.6
|
1.6
|
1.2
|
1.2
|
1.2
|
1.3
|
6. Exports
|
|
583,423
|
599,072
|
581,297
|
614,896
|
594,947
|
608,293
|
604,510
|
678,256
|
21.4
|
21.6
|
20.4
|
20.2
|
20.2
|
20.4
|
19.9
|
21.0
|
7. Less Imports
|
|
623,959
|
656,986
|
614,260
|
615,548
|
620,649
|
631,865
|
627,327
|
688,839
|
22.9
|
23.7
|
21.6
|
20.2
|
21.1
|
21.2
|
20.6
|
21.3
|
8. Discrepancies
|
|
69,359
|
53,206
|
15,159
|
30,079
|
37,601
|
36,584
|
-40,978
|
50,689
|
2.5
|
1.9
|
0.5
|
1.0
|
1.3
|
1.2
|
-1.3
|
1.6
|
GDP
|
|
2,725,873
|
2,770,097
|
2,842,737
|
3,042,294
|
2,941,846
|
2,978,817
|
3,040,763
|
3,228,427
|
100.0
|
100.0
|
100.0
|
100.0
|
100.0
|
100.0
|
100.0
|
100.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STATEMENT 8: Quarterly Estimates of Expenditures of GDP for
2016-17
(at current prices)
|
(`
crore)
|
|
RATES of GDP (%)
|
|
|
|
|
2015-16
|
|
|
2016-17
|
|
|
2015-16
|
2016-17
|
|
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
|
|
|
1,823,568
|
1,883,076
|
2,046,156
|
2,179,531
|
2,042,054
|
2,106,743
|
2,341,797
|
2,436,415
|
56.6
|
56.6
|
59.4
|
59.1
|
57.4
|
57.3
|
61.6
|
58.7
|
|
|
357,350
|
418,342
|
343,845
|
291,923
|
433,530
|
507,156
|
428,999
|
399,352
|
11.1
|
12.6
|
10.0
|
7.9
|
12.2
|
13.8
|
11.3
|
9.6
|
|
|
978,519
|
969,396
|
1,003,034
|
1,051,833
|
1,036,732
|
997,746
|
1,025,288
|
1,057,908
|
30.4
|
29.1
|
29.1
|
28.5
|
29.2
|
27.1
|
27.0
|
25.5
|
|
|
74,613
|
75,091
|
71,174
|
81,045
|
81,641
|
81,050
|
77,989
|
87,517
|
2.3
|
2.3
|
2.1
|
2.2
|
2.3
|
2.2
|
2.1
|
2.1
|
|
|
44,737
|
50,605
|
49,945
|
51,968
|
37,948
|
44,450
|
43,110
|
40,779
|
1.4
|
1.5
|
1.5
|
1.4
|
1.1
|
1.2
|
1.1
|
1.0
|
|
|
671,293
|
687,100
|
677,376
|
692,875
|
687,415
|
708,729
|
717,072
|
798,483
|
20.8
|
20.7
|
19.7
|
18.8
|
19.3
|
19.3
|
18.9
|
19.2
|
|
|
757,976
|
795,275
|
758,571
|
733,096
|
746,878
|
765,671
|
776,803
|
843,730
|
23.5
|
23.9
|
22.0
|
19.9
|
21.0
|
20.8
|
20.4
|
20.3
|
|
|
28,174
|
38,139
|
11,525
|
74,721
|
-17,506
|
-4,413
|
-55,417
|
174,222
|
0.9
|
1.1
|
0.3
|
2.0
|
-0.5
|
-0.1
|
-1.5
|
4.2
|
|
|
3,220,278
|
3,326,474
|
3,444,485
|
3,690,799
|
3,554,938
|
3,675,789
|
3,802,036
|
4,150,947
|
100.0
|
100.0
|
100.0
|
100.0
|
100.0
|
100.0
|
100.0
|
100.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Release ID: 1491456)
|