The
Central Statistics Office (CSO), Ministry of Statistics and Programme
Implementation, has released the provisional estimates of national income for
the financial year 2014-15 and quarterly estimates of Gross Domestic
Product (GDP) for the fourth quarter (January-March) of 2014-15, both at
constant (2011-12) and current prices.
2.
The CSO has also released the corresponding annual and quarterly estimates of
expenditure components of the GDP in current and constant (2011-12) prices,
namely the private final consumption expenditure, government final consumption
expenditure, gross fixed capital formation, change in stocks, valuables, and
net exports.
3.
GDP growth rates for 2014-15 and Q1,Q2,Q3 and Q4 of 2014-15 at constant (2011-12) and current
prices are given below:
|
Growth Rates
of GDP
|
|
|
Constant
prices(2011-12)
|
Current prices
|
|
Annual2014-15 P((pROVISION
|
7.3
|
10.5
|
|
Q1 2014-15(April-June)
|
6.7
|
13.4
|
|
Q2 2014-15 (July-Sep)
|
8.4
|
13.6
|
|
Q3 2014-15 (Oct-Dec)
|
6.6
|
8.1
|
|
Q4 2014-15 (Jan-Mar)
|
7.5
|
7.7
|
Estimates
including growth rates for Q1, Q2 and Q3 released earlier have been revised
according to the revision policy of this Ministry.
I.
PROVISIONAL ESTIMATES OF NATIONAL INCOME, 2014-15
4.
The advance estimates of national income for the year 2014-15 were released on
9th February, 2015. 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-Dec 2014 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 supplemented with the information available
from advance filings with Bombay Stock Exchange and National Stock Exchange.
5.
The
salient features of these estimates are detailed below:
(a) Estimates at
constant (2011-12) prices
Gross Domestic Product
6.
Real GDP or GDP at constant (2011-12) prices in the year 2014-15 is now
estimated at `106.44lakhcrore (as
against `106.57lakhcrore
estimated earlier on 9th February, 2015), showing a growth rate of 7.3percent(as against 7.4 percent estimated earlier) over
the New Series/First RevisedEstimates of GDP for the
year 2013-14of `99.21lakh crore, released on 30th January 2015.
Gross Value Added (GVA)at Basic Prices
7.
Real GVA, i.e, GVA at basic constant prices (2011-12)in the year 2014-15 is now estimated at `98.27 lakh crore (as against `98.58 lakh crore estimated earlier on 9th
February, 2015), showing a growth rate of 7.2 percent(as against 7.5 percent
estimated earlier) over the New Series/First Revised Estimates of GDP for the
year 2013-14 of`91.70 lakh crore, released on 30th
January 2015.
8.
The sectors which registered growth rate of over 7.0 percent are ‘trade, hotels, transport,communication
and services related to broadcasting’, 'financial, real estate and
professional services', ‘electricity, gas, water supply& other
utility services, 'public administration, defence and other services’ and‘manufacturing’. The growth in the ‘agriculture,
forestry and fishing’, ‘mining and quarrying’ and ‘construction’ is estimated
to be 0.2 per cent, 2.4 per cent and4.8 per cent respectively.
Agriculture
9.
In the agriculture sector, the third advance estimates of crop production
released by the Ministry of Agriculture showed downward revision as compared to
their second advance estimates in food grain production (251.12 million Tonnes from 257.07million Tonnes)for the year 2014-15 registering a decline of 2.3 percent
as compared to second advance estimates and decline of 5.4 percent as compared
to the final estimates of 2013-14. According to the second advance estimate of
horticulture crops, fruits and vegetables registered growth of 2.1 percent. Due
to this revision in the production, ‘agriculture, forestry and fishing’ sector
in 2014-15 has shown a growth rate of 0.2 percent, as against the growth rate
of 1.1percent in the Advance estimates.
Industry
10.
In the case of ‘mining and quarrying’, the Index of Industrial Production of
mining registered growth of 1.4percent during 2014-15as against estimated
growth rate of 1.3percentused for compiling Advance Estimates.Production
of coal and crude oil registered growth rates of 8.2percent and (-)0.9percent
in whole year of 2014-15 as compared to growth rates of 9.1 percent and (-) 0.9
percentduring April to December, 2014.The growth of
‘mining &quarrying’ is now estimated at 2.4 percent, as against the Advance
Estimate growth of 2.3 percent.
11.
Similarly, the IIP of manufacturing registered a growth rate of 2.3percent
during the whole year of 2014-15, as against the estimated growth rate of
1.6percentfor compiling Advance Estimates. Due to this change, the growth of
‘manufacturing’ sector is now estimated at 7.1percent, as against the Advance
Estimate growth of 6.8percent. In addition, the corporate performance of the
manufacturing sector has also been taken into account.
12.
The key indicators of construction sector, namely, cement and consumption of
finished steel registered growth of 5.6percent and 3.1 percent, respectively in
2014-15as against 7.9percent and 1.5percent, respectively during April-December
2014. Consequently, the growth of the sector is revised to 4.8 percent as
against 4.5 percent in the Advance Estimates.
Services
13.
The ‘Trade, hotels, transport, communicationandservices
related to broadcasting sectors’ have registered a growth of 10.7 percent in
2014-15 as against 8.4 percent in the advance estimate released in February,
2015.In this sector, 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 (-) 2.8per cent, 4.7 percent, 7.0 per
cent and 12.2 per cent respectively during April-March of 2014-15 against
(-)5.7 percent, 5.0 percent, 8.1 percent, 10.6 percent in the advance
estimates. The sales tax collection during 2014-15 registered growth of 9.3
percent. Indicators of Railways sector, namely, Net Tonne Kilometers
and Passenger Kilometers have shown growth of 5.2 and
2.7 percent respectively during 2014-15 as against 5.8 and 2.7 percent in the
advance estimates. Further, private corporate sector registered significant
growth in the tradeand communication sector during
2014-15.
14.
The sector, 'financial,
real estate and professional services', has shown a growth rate of 11.5 per
cent during 2014-15 as compared to growth rate of13.7
per cent in the advance estimates.The key indicators of banking,
namely, aggregate bank deposits and bank credits have shown growth of
10.9percent and 9.2percent, respectively as on 31stMarch,2015
corresponding to 31st March,2014, as compared to growth of
11.5percent and 10.5 percent respectively used in advance estimates.
15. The sector Public administration, defence and other services' has shown a growth rate of 7.2
per cent in the provisional estimates, as against the growth rate
of 9.0 per cent in the advance estimates, mainly due to fall in
total expenditure of Central Government than anticipated. The Central
Government revenue expenditure net of interest payments showed anincrease of8.5 per centduring
April-Dec 2014-15 which was used for estimation in the advance estimates,
whereas during April-2014-March 2015,Central Government revenue expenditure net
of interest payments showed an increase of only 5.6 per cent.
Gross National Income
16.
The Gross National Income (GNI) at 2011-12 prices is now estimated at `105.13lakh crore (as compared to `105.28 lakh crore estimated on 9th February 2015), during
2014-15, as against the previous year’s New Series/First Revised Estimate of `98lakh crore. In terms of growth rates, the gross national income
is estimated to have risen by 7.3percent during 2014-15, in comparison to the
growth rate of 6.8 percent in 2013-14.
Per Capita Net National Income
17.
The per capita net national income in real terms (at 2011-12 prices) during
2014-15 is estimated to have attained a level of `74104 (as against `74193 estimated
on 9th February, 2015), as compared to the New Series/First Revised
Estimates for the year 2013-14 of `69959. The growth rate in per capita
income is estimated at5.9 percent during 2014-15 as against 5.4percent during
2013-14.
(b)
Estimates at current prices
Gross Domestic Product
18.
GDP at current prices in the year 2014-15 is
estimated at `125.41lakhcrore,
showing a growth rate of 10.5percent over the New Series/First RevisedEstimates of GDP for the year 2013-14 of `113.45lakhcrore,
released on 30th January 2015.
Gross National Income
19.
The GNI atcurrent
prices is now estimated at `123.84 lakh crore during 2014-15, as
compared to`112.05lakh crore during 2013-14, showing a rise of 10.5percent.
Per Capita Net National Income
20.
The per capita income at current prices during
2014-15 is estimated to have attained a level of `87748 as compared to
the New Series/First RevisedEstimates for the year
2013-14 of `80388 showing a
rise of 9.2percent.
21 The
wholesale price index (WPI), in respect of the groups, food articles,
manufactured products, electricity and all commodities, has risen by 6.1 per
cent, 2.4 per cent, 5.7 per cent and 2.0 per cent, respectively during 2014-15 . The WPI of minerals has declined by 10.7 percent during
2014-15. The consumer price index has shown a rise of 6.4 per cent during
2014-15.
II
ANNUAL ESTIMATES OF EXPENDITURES ON GDP, 2014-15
22
Along with the ProvisionalEstimates
of GDP by economic activity, the 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 discussed in the following paragraphs.
Private
Final Consumption Expenditure
23.
Private Final Consumption Expenditure (PFCE) at
current prices is estimated at `75.34lakhcrore in 2014-15 as against `67.72lakhcrore
in 2013-14. At constant (2011-12) prices, the PFCE is estimated at `60.64lakhcrore
in 2014-15 as against `57.04lakhcrore
in 2013-14. In terms of GDP, the rates of PFCE at current and constant
(2011-12) prices during 2014-15 are estimated at 60.1percent and 57.0percent,
respectively, as against the corresponding rates of 59.7percent and
57.5percent, respectively in 2013-14.
Government
Final Consumption Expenditure
24.
Government Final Consumption Expenditure (GFCE)
at current prices is estimated at `14.32 lakh crore in 2014-15 as against `12.77 lakh crore in 2013-14. At
constant (2011-12) prices, the GFCE is estimated at `11.58 lakh crore in 2014-15as against `10.86 lakh crore in 2013-14. In terms of GDP, the rates of GFCE at current and constant
(2011-12) prices during 2014-15are estimated at 11.4 percent and 10.9 percent,
respectively, as against the corresponding rates of 11.3percent and
10.9percent, respectively in 2013-14.
Gross
Fixed Capital Formation
25
Gross Fixed Capital Formation (GFCF) at current prices is estimated at `36.02 lakh crore in 2014-15 as against ` 33.68 lakh crore in 2013-14. At
constant (2011-12) prices, the GFCF is estimated at `31.92 lakh crore in 2014-15 as against `30.50 lakh crore in 2013-14. In terms
of GDP, the rates of GFCF at current and constant (2011-12) prices during
2014-15 are estimated at 28.7 percent and 30.0 percent, respectively, as
against the corresponding rates of 29.7percent and 30.7 percent, respectively
in 2013-14. The rates of Change in Stocks and Valuables at current prices
during 2014-15 are estimated at 1.5 percent and 1.4 percent, respectively.
26.
The rates of discrepancies at current and constant (2011-12) prices during
2014-15 are estimated at (-)0.8percent and 0.4
percent, respectively of the GDP, as against the corresponding rate
of(-)0.5percentand (-)0.3percentrespectively in 2013-14.
27.
Estimates of gross/net national income and per capita income, along with GVA at
basic prices by kind of economic activity and the Expenditures on GDP for the
years 2012-13, 2013-14 and 2014-15 at constant (2011-12) and current prices are
given in Statements 1 to 4.
III
QUARTERLY ESTIMATES OF GDP FOR Q4 (JANUARY-MARCH), 2014-15
(a)
Estimates at constant (2011-12) prices
28.
The four quarters of a financial year are
denoted by Q1, Q2, Q3 and Q4. GDP at constant (2011-12) prices in Q4 of 2014-15
is estimated at `28.74 lakh crore, as against `26.73 lakh crore
in Q4 of 2013-14, showing a growth rate of 7.5percent. GVA at basic
prices at constant (2011-12) prices in Q4 of 2014-15 is estimated at `25.33lakhcrore,
as against `23.87 lakh crore in Q4 of 2013-14, showing a growth rate of
6.1percent.
29.
Growth rates in various sectors are as follows: ‘agriculture, forestry and
fishing’ (-1.4 percent), ‘mining and quarrying’ (2.3 percent), ‘manufacturing’
(8.4 percent), ‘electricity, gas, water supply and other utility services’ (4.2
percent) ‘construction’ (1.4 percent), 'trade, hotels, transport and
communication' (14.1 percent), 'financial, real estate and professional
services' (10.2 percent), and ‘Public administration, defence
and other Services' (0.1percent).
30.
According to the latest estimates available on the IIP, the index of mining,
manufacturing and electricity registered growth rates of 0.2 percent, 3.6
percent and 3.7 percent respectively, in Q4 of 2014-15, as compared to the
growth rates of 1.8 percent, (-)1.6 percent and 7.6 percent respectively
in these sectors in Q4, 2013-14.
31.
The key indicators of railways, namely, the net tonne kilometers
and passenger kilometers have shown growth rates of
3.5 percent and 2.4 percent, respectively in Q4 of 2014-15, as against the
growth rates 1.2 percent and 0.8 percent, in the corresponding period of
previous year. In the transport and communication sectors, the sale of
commercial vehicles and cargo handled at major ports, registered growth rates
of 3.5 percent and 4.4 percent respectively in Q4 of 2014-15 as compared to the
growth rates of (-)24.1 percent and 1.3 percent respectively in these sectors
in Q4, 2013-14. The Trade, hotels and transport sector have registered a growth
of 14.1 percent in 2014-15 as against 9.9 percent in Q4 of 2013-14. Further,
there was significant growth in the private corporate sector in the last
quarter of 2014-15 in the case of trade and communication. The sector
Public administration, defence and other services' has shown a growth
rate of 0.1 per cent in Q4 of 2014-15 as against the growth rate of
2.4 per cent in 2013-14 mainly due to decrease in total expenditure
of Central Government . The Central Government revenue expenditure net of
interest payments showed a decline of 3.0 per cent during Q4 of 2014-15 as
compared to 2013-14.
32. The PFCE and GFCF at
constant (2011-12) prices in Q4 of 2014-15 are estimated at`15.95 lakh crore and `8.55 lakh crore, respectively. The
rates of PFCE and GFCF as percentage of GDP in Q4 of 2014-15 were 55.5 percent
and 29.7 percent, respectively, as against the corresponding rates of 55.3
percent and 30.7 percent, respectively in Q4 of 2013-14.
(b)
Estimates at current prices
33.
GDP at current prices in Q4 of 2014-15 is estimated at `33.15lakh crore, as against `30.77 lakh crore in Q4 of 2013-14, showing a growth of 7.7 percent.
GVA at current basic prices in Q4 of 2014-15 is estimated at `29.09 lakh crore, as against `27.44 lakh crore in Q4 of 2013-14,
showing a growth of 6.0percent.
34.
The PFCE and GFCF at current prices in Q4 of 2014-15 are estimated at `19.80 lakh crore and `9.53lakhcrore,
respectively. The rates of PFCE and GFCF at current prices as percentage of GDP
in Q4 of 2014-15 are estimated at 59.7percent and 28.7 percent, respectively,
as against the corresponding rates of 58.1 percent and 29.8 percent,
respectively in Q4 of 2013-14.
35. The wholesale price
index (WPI), in respect of the groups, food articles, manufactured products,
electricity and all commodities, has risen by 7.4 per cent, 0.4 per cent, 2.1
per cent and (-)1.8 per cent, respectively during Q4
of 2014-15. The WPI of minerals has declined by 29.0 percent duringQ4 of
2014-15. The consumer price index has shown a rise of 5.4 per cent during Q4 of
2014-15.
36.
Estimates of GVA at basic prices by kind of economic activity and the
Expenditures on GDP for the four quarters of 2012-13, 2013-14and 2014-15 at
constant (2011-12) and current prices, are given in Statements 5 to 8.
37.
The next release of quarterly GDP estimate for the quarter April-June, 2015 (Q1
of 2015-16) will be on 28.08.2015.
|
STATEMENT 1: Provisional Estimates of National
Income and Expenditures on GDP, 2014-15 (At 2011- 12 Prices)
|
|
|
|
(` crore)
|
|
|
|
S. No.
|
Item
|
2012-13
(NS)
|
2013-14
|
2014-15
(PE)
|
percentage
change over previous year
|
|
(NS)
|
2013-14
|
2014-15
|
|
|
Domestic Product
|
|
|
|
|
|
1
|
GVA
at basic prices
|
8599224
|
9169787
|
9827089
|
6.6
|
7.2
|
|
2
|
Taxes
on Products including import duties
|
978603
|
1037006
|
1096164
|
6.0
|
5.7
|
|
3
|
Less
Subsidies on Products
|
297024
|
285687
|
279270
|
-3.8
|
-2.2
|
|
4
|
GDP
(1+2-3)
|
9280803
|
9921106
|
10643983
|
6.9
|
7.3
|
|
5
|
NDP
|
8301305
|
8872127
|
9519811
|
6.9
|
7.3
|
|
|
Final Expenditures
|
|
|
|
|
|
6
|
PFCE
|
5370768
|
5704132
|
6064247
|
6.2
|
6.3
|
|
7
|
GFCE
|
1004155
|
1086121
|
1157810
|
8.2
|
6.6
|
|
8
|
GFCF
|
2962726
|
3050236
|
3191973
|
3.0
|
4.6
|
|
9
|
CIS
|
201262
|
158211
|
163998
|
-21.4
|
3.7
|
|
10
|
VALUABLES
|
261353
|
133975
|
167884
|
-48.7
|
25.3
|
|
11
|
Exports
of goods and services
|
2286611
|
2453005
|
2434350
|
7.3
|
-0.8
|
|
12
|
Less
Imports of goods and services
|
2877291
|
2636313
|
2579770
|
-8.4
|
-2.1
|
|
13
|
Discrepancies
|
71219
|
-28262
|
43491
|
|
|
|
14
|
GDP
|
9280803
|
9921106
|
10643983
|
6.9
|
7.3
|
|
|
RATES
TO GDP
|
|
|
|
|
|
|
15
|
PFCE
|
57.9
|
57.5
|
57.0
|
|
|
|
16
|
GFCE
|
10.8
|
10.9
|
10.9
|
|
|
|
17
|
GFCF
|
31.9
|
30.7
|
30.0
|
|
|
|
18
|
CIS
|
2.2
|
1.6
|
1.5
|
|
|
|
19
|
VALUABLES
|
2.8
|
1.4
|
1.6
|
|
|
|
20
|
Exports
of goods and services
|
24.6
|
24.7
|
22.9
|
|
|
|
21
|
Less
Imports of goods and services
|
31.0
|
26.6
|
24.2
|
|
|
|
22
|
Discrepancies
|
0.8
|
-0.3
|
0.4
|
|
|
|
23
|
GDP
|
100.0
|
100.0
|
100.0
|
|
|
|
|
|
|
|
|
|
|
|
24
|
GNI
|
9172925
|
9800813
|
10513163
|
|
|
|
25
|
NNI
|
8193427
|
8751834
|
9388992
|
|
|
|
Per Capita Income, Product and Final Consumption
|
|
26
|
Population*
(in million)
|
1235
|
1251
|
1267
|
1.3
|
1.3
|
|
|
|
|
|
|
|
|
|
27
|
Per
Capita GDP
|
75148
|
79305
|
84009
|
5.5
|
5.9
|
|
28
|
Per
Capita GNI
|
74275
|
78344
|
82977
|
5.5
|
5.9
|
|
29
|
Per
Capita NNI
|
66344
|
69959
|
74104
|
5.4
|
5.9
|
|
30
|
Per
Capita PFCE
|
43488
|
45597
|
47863
|
4.8
|
5.0
|
|
|
|
|
|
|
|
|
|
|
NS:New Series Estimates; PE: Provisional
Estimates
|
STATEMENT
2: Provisional Estimates of National Income and Expenditures on GDP, 2014-15(
At Current Prices)
|
|
|
|
(`
crore)
|
|
|
|
S.No.
|
Item
|
2012-13
|
2013-14
|
2014-15
|
percentage
change over previous year
|
|
|
|
(NS)
|
(NS)
|
(PE)
|
2013-14
|
2014-15
|
|
|
Domestic
Product
|
|
|
|
|
|
1
|
GVA
at basic prices
|
9252051
|
10477140
|
11550240
|
13.2
|
10.2
|
|
2
|
Taxes
on Products including import duties
|
1057442
|
1197938
|
1329750
|
13.3
|
11.0
|
|
3
|
Less
Subsidies on Products
|
320953
|
330022
|
338781
|
2.8
|
2.7
|
|
4
|
GDP
(1+2-3)
|
9988540
|
11345056
|
12541208
|
13.6
|
10.5
|
|
5
|
NDP
|
8958496
|
10196410
|
11274915
|
13.8
|
10.6
|
|
|
Final
Expenditures
|
|
|
|
|
|
6
|
PFCE
|
5875111
|
6772066
|
7534239
|
15.3
|
11.3
|
|
7
|
GFCE
|
1093130
|
1277467
|
1432070
|
16.9
|
12.1
|
|
8
|
GFCF
|
3136364
|
3367856
|
3602121
|
7.4
|
7.0
|
|
9
|
CIS
|
213719
|
176227
|
186674
|
-17.5
|
5.9
|
|
10
|
VALUABLES
|
275497
|
145451
|
176432
|
-47.2
|
21.3
|
|
11
|
Exports
of goods and services
|
2439707
|
2854713
|
2908176
|
17.0
|
1.9
|
|
12
|
Less
Imports of goods and services
|
3108428
|
3190352
|
3199827
|
2.6
|
0.3
|
|
13
|
Discrepancies
|
63439
|
-58373
|
-98678
|
-0.5
|
-0.8
|
|
14
|
GDP
|
9988540
|
11345056
|
12541208
|
13.6
|
10.5
|
|
|
RATES
TO GDP
|
|
|
|
|
|
15
|
PFCE
|
58.8
|
59.7
|
60.1
|
|
|
|
16
|
GFCE
|
10.9
|
11.3
|
11.4
|
|
|
|
17
|
GFCF
|
31.4
|
29.7
|
28.7
|
|
|
|
18
|
CIS
|
2.1
|
1.6
|
1.5
|
|
|
|
19
|
VALUABLES
|
2.8
|
1.3
|
1.4
|
|
|
|
20
|
Exports
of goods and services
|
24.4
|
25.2
|
23.2
|
|
|
|
21
|
Less
Imports of goods and services
|
31.1
|
28.1
|
25.5
|
|
|
|
22
|
Discrepancies
|
0.6
|
-0.5
|
-0.8
|
|
|
|
23
|
GDP
|
58.8
|
59.7
|
60.1
|
|
|
|
|
|
|
|
|
|
|
|
24
|
GNI
|
9871777
|
11205169
|
12383908
|
13.5
|
10.5
|
|
25
|
NNI
|
8841733
|
10056523
|
11117615
|
13.7
|
10.6
|
|
26
|
GNDI
|
10221858
|
11601087
|
12788008
|
13.5
|
10.2
|
|
27
|
NNDI
|
9191814
|
10452441
|
11521715
|
13.7
|
10.2
|
|
Per Capita Income, Product and Final Consumption
|
|
28
|
Per
Capita GDP
|
80879
|
90688
|
98983
|
12.1
|
9.1
|
|
29
|
Per
Capita GNI
|
79933
|
89570
|
97742
|
12.1
|
9.1
|
|
30
|
Per
Capita NNI
|
71593
|
80388
|
87748
|
12.3
|
9.2
|
|
31
|
Per
Capita GNDI
|
82768
|
92735
|
100931
|
12.0
|
8.8
|
|
32
|
Per
Capita PFCE
|
47572
|
54133
|
59465
|
13.8
|
9.8
|
|
|
|
|
|
|
|
|
|
Note:
Estimates of Disposable Income are compiled only at current prices.
|
|
|
|
|
|
|
|
|
NS: New
Series Estimates; PE: Provisional Estimates
|
STATEMENT 3: Provisional Estimates of
GVA at Basic Price by Economic Activity
|
|
(At 2011-12
prices)
|
|
Rs. Crore
|
|
|
|
Industry
|
2012-13
(NS)
|
2013-14
(NS)
|
2014-15
(PE)
|
Percentage
change over previous year
|
|
|
|
2013-14
|
2014-15
|
|
1. agriculture, forestry & fishing
|
1,523,470
|
1,579,290
|
1,582,851
|
3.7
|
0.2
|
|
2. mining & quarrying
|
262,253
|
276,380
|
283,062
|
5.4
|
2.4
|
|
3. manufacturing
|
1,574,471
|
1,658,176
|
1,776,469
|
5.3
|
7.1
|
|
4. electricity, gas, water supply & other
utility services
|
202,224
|
211,846
|
228,579
|
4.8
|
7.9
|
|
5. construction
|
740,518
|
758,887
|
795,066
|
2.5
|
4.8
|
|
6.trade,hotels,transport,communication and
services related to broadcasting
|
1,548,739
|
1,720,513
|
1,904,200
|
11.1
|
10.7
|
|
7. financial, real estate & professional
services
|
1,675,405
|
1,807,338
|
2,015,912
|
7.9
|
11.5
|
|
8. Public Administration, defence
and other services
|
1,072,144
|
1,157,357
|
1,240,950
|
7.9
|
7.2
|
|
GVA at Basic Price
|
8,599,224
|
9,169,787
|
9,827,089
|
6.6
|
7.2
|
|
|
|
|
|
|
|
|
|
NS: New
Series Estimates; PE: Provisional Estimates
STATEMENT 4: Provisional Estimates of
GVA at Basic Priceby Economic Activity
|
|
(At current prices)
|
|
Rs. Crore
|
|
|
|
Industry
|
2012-13
(NS)
|
2013-14
(NS)
|
2014-15
(PE)
|
Percentage change over previous year
|
|
|
|
2013-14
|
2014-15
|
|
1.
agriculture, forestry & fishing
|
1,668,676
|
1,881,152
|
1,964,506
|
12.7
|
4.4
|
|
2.
mining & quarrying
|
284,771
|
298,544
|
275,812
|
4.8
|
-7.6
|
|
3.
manufacturing
|
1,654,084
|
1,808,370
|
1,984,173
|
9.3
|
9.7
|
|
4.
electricity, gas, water supply & other utility services
|
213,826
|
244,220
|
278,593
|
14.2
|
14.1
|
|
5.
construction
|
801,884
|
868,808
|
928,418
|
8.3
|
6.9
|
|
6.trade,hotels,transport,communication
and services related to broadcasting
|
1,660,477
|
1,946,060
|
2,205,284
|
17.2
|
13.3
|
|
7.
financial, real estate & professional services
|
1,807,699
|
2,074,623
|
2,372,103
|
14.8
|
14.3
|
|
8.
Public Administration, defence and other services
|
1,160,634
|
1,355,362
|
1,541,351
|
16.8
|
13.7
|
|
GVA
at Basic Price
|
9,252,051
|
10,477,140
|
11,550,240
|
13.2
|
10.2
|
NS: New
Series Estimates; PE: Provisional Estimates
STATEMENT 5:
Quarterly Estimates of GVA at Basic Prices for 2014-15
|
|
|
(at 2011-12
prices)
|
|
|
|
GVA AT BASIC
PRICE (Rs. in crore)
|
PERCENTAGE
CHANGE OVER PREVIOUS YEAR
|
|
|
|
2012-13
|
2013-14
|
2014-15
|
2013-14
|
2014-15
|
|
|
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
|
340,922
|
276,317
|
502,656
|
403,575
|
350,052
|
286,299
|
521,745
|
421,193
|
359,258
|
292,316
|
516,049
|
415,228
|
2.7
|
3.6
|
3.8
|
4.4
|
2.6
|
2.1
|
-1.1
|
-1.4
|
|
2.
mining & quarrying
|
66,999
|
58,628
|
65,356
|
71,270
|
67,555
|
61,282
|
68,091
|
79,453
|
70,488
|
62,168
|
69,135
|
81,271
|
0.8
|
4.5
|
4.2
|
11.5
|
4.3
|
1.4
|
1.5
|
2.3
|
|
3.
manufacturing
|
391,137
|
389,495
|
370,012
|
423,827
|
419,403
|
404,289
|
391,951
|
442,533
|
454,620
|
436,281
|
405,873
|
479,695
|
7.2
|
3.8
|
5.9
|
4.4
|
8.4
|
7.9
|
3.6
|
8.4
|
|
4.
electricity, gas, water supply& other utility ser vices
|
51,086
|
49,925
|
50,682
|
50,531
|
52,498
|
53,168
|
52,664
|
53,516
|
57,794
|
57,786
|
57,232
|
55,767
|
2.8
|
6.5
|
3.9
|
5.9
|
10.1
|
8.7
|
8.7
|
4.2
|
|
5.
construction
|
179,529
|
173,649
|
184,614
|
202,727
|
182,284
|
179,756
|
191,656
|
205,193
|
194,168
|
195,396
|
197,508
|
207,994
|
1.5
|
3.5
|
3.8
|
1.2
|
6.5
|
8.7
|
3.1
|
1.4
|
|
6.
trade, hotels, transport &communication and services related to boardcasting
|
368,799
|
374,296
|
386,252
|
419,390
|
406,716
|
418,670
|
434,064
|
461,063
|
456,125
|
455,995
|
466,116
|
525,963
|
10.3
|
11.9
|
12.4
|
9.9
|
12.1
|
8.9
|
7.4
|
14.1
|
|
7.
financial, ins., real est. & professional Services
|
446,183
|
455,010
|
369,464
|
404,748
|
480,626
|
509,235
|
390,450
|
427,026
|
525,122
|
578,016
|
442,319
|
470,455
|
7.7
|
11.9
|
5.7
|
5.5
|
9.3
|
13.5
|
13.3
|
10.2
|
|
8.
Public administration, defence and other services
|
248,410
|
283,123
|
250,805
|
289,806
|
284,255
|
302,759
|
273,636
|
296,706
|
292,195
|
324,231
|
327,484
|
297,041
|
14.4
|
6.9
|
9.1
|
2.4
|
2.8
|
7.1
|
19.7
|
0.1
|
|
GVA at Basic
Price
|
2,093,064
|
2,060,443
|
2,179,840
|
2,265,874
|
2,243,389
|
2,215,458
|
2,324,256
|
2,386,683
|
2,409,770
|
2,402,189
|
2,481,715
|
2,533,415
|
7.2
|
7.5
|
6.6
|
5.3
|
7.4
|
8.4
|
6.8
|
6.1
|
|
STATEMENT 6:
Quarterly Estimates of GVA at Basic Prices for 2014-15
(at current
prices)
|
|
|
|
GVA AT BASIC
PRICE(Rs. in crore)
|
PERCENTAGE
CHANGE OVER PREVIOUS YEAR
|
|
|
|
2012-13
|
2013-14
|
2014-15
|
2013-14
|
2014-15
|
|
|
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
|
363,489
|
301,471
|
551,339
|
452,377
|
400,069
|
345,321
|
643,986
|
491,776
|
435,365
|
370,464
|
648,644
|
510,034
|
10.1
|
14.5
|
16.8
|
8.7
|
8.8
|
7.3
|
0.7
|
3.7
|
|
|
2.
mining & quarrying
|
71,188
|
63,855
|
70,918
|
78,810
|
69,626
|
67,575
|
75,143
|
86,200
|
76,688
|
66,578
|
66,049
|
66,496
|
-2.2
|
5.8
|
6.0
|
9.4
|
10.1
|
-1.5
|
-12.1
|
-22.9
|
|
|
3.
manufacturing
|
403,898
|
409,251
|
391,070
|
449,866
|
450,806
|
438,539
|
429,764
|
489,262
|
507,591
|
490,257
|
453,846
|
532,479
|
11.6
|
7.2
|
9.9
|
8.8
|
12.6
|
11.8
|
5.6
|
8.8
|
|
|
4.
electricity, gas, water supply& other utility ser vices
|
50,824
|
53,844
|
54,661
|
54,497
|
57,043
|
60,642
|
62,400
|
64,135
|
70,369
|
70,303
|
69,684
|
68,238
|
12.2
|
12.6
|
14.2
|
17.7
|
23.4
|
15.9
|
11.7
|
6.4
|
|
|
5.
construction
|
190,138
|
187,574
|
201,087
|
223,085
|
201,914
|
206,563
|
222,953
|
237,379
|
227,760
|
233,443
|
230,745
|
236,469
|
6.2
|
10.1
|
10.9
|
6.4
|
12.8
|
13.0
|
3.5
|
-0.4
|
|
|
6.
trade, hotels, transport &communication and services related to boardcasting
|
386,638
|
400,203
|
416,527
|
457,109
|
444,932
|
475,242
|
498,916
|
526,971
|
530,808
|
540,553
|
540,349
|
593,573
|
15.1
|
18.8
|
19.8
|
15.3
|
19.3
|
13.7
|
8.3
|
12.6
|
|
|
7.
financial, ins., real est. & professional Services
|
471,702
|
490,608
|
401,273
|
444,116
|
535,206
|
588,624
|
455,346
|
495,447
|
620,278
|
696,012
|
518,787
|
537,028
|
13.5
|
20.0
|
13.5
|
11.6
|
15.9
|
18.2
|
13.9
|
8.4
|
|
|
8.
Public administration, defence and other services
|
260,429
|
305,247
|
274,174
|
320,784
|
320,830
|
354,829
|
326,950
|
352,753
|
359,343
|
408,703
|
408,752
|
364,552
|
23.2
|
16.2
|
19.2
|
10.0
|
12.0
|
15.2
|
25.0
|
3.3
|
|
|
GVA at Basic
Price
|
2,198,306
|
2,212,052
|
2,361,049
|
2,480,643
|
2,480,425
|
2,537,334
|
2,715,458
|
2,743,923
|
2,828,202
|
2,876,313
|
2,936,856
|
2,908,869
|
12.8
|
14.7
|
15.0
|
10.6
|
14.0
|
13.4
|
8.2
|
6.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STATEMENT
7: Quarterly Estimates of Expenditures of GDP for 2014-15
(at 2011-12 prices)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Item
|
|
(Rs.
in crore)
|
|
RATES
of GDP (%)
|
|
|
2013-14
|
|
|
|
2014-15
|
|
|
2013-14
|
2014-15
|
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
Q1
|
Q2
|
Q3
|
Q4
|
|
1. Private Final Consumption Expenditure (PFCE)
|
|
13,97,414
|
13,47,339
|
14,81,444
|
14,77,935
|
14,83,613
|
14,43,019
|
15,43,034
|
15,94,581
|
58.8
|
56.9
|
59.1
|
55.3
|
58.5
|
56.2
|
57.8
|
55.5
|
|
2. Government Final Consumption Expenditure
|
|
3,01,793
|
3,10,658
|
2,16,697
|
2,56,972
|
3,06,488
|
3,38,349
|
2,76,412
|
2,36,561
|
12.7
|
13.1
|
8.7
|
9.6
|
12.1
|
13.2
|
10.4
|
8.2
|
|
3. Gross Fixed Capital Formation (GFCF)
|
|
7,08,280
|
7,49,396
|
7,71,177
|
8,21,386
|
7,69,880
|
7,77,597
|
7,89,694
|
8,54,802
|
29.8
|
31.7
|
30.8
|
30.7
|
30.4
|
30.3
|
29.6
|
29.7
|
|
4. Change in Stocks
|
|
40,016
|
38,574
|
37,397
|
42,223
|
41,969
|
40,276
|
37,469
|
44,284
|
1.7
|
1.6
|
1.5
|
1.6
|
1.7
|
1.6
|
1.4
|
1.5
|
|
5. Valuables
|
|
32,902
|
33,987
|
29,936
|
37,151
|
41,528
|
36,999
|
36,010
|
53,348
|
1.4
|
1.4
|
1.2
|
1.4
|
1.6
|
1.4
|
1.3
|
1.9
|
|
6. Exports
|
|
5,46,989
|
6,41,533
|
6,09,570
|
6,54,912
|
5,96,944
|
6,28,508
|
6,07,707
|
6,01,191
|
23.0
|
27.1
|
24.3
|
24.5
|
23.6
|
24.5
|
22.8
|
20.9
|
|
7. Less Imports
|
|
6,55,135
|
6,83,004
|
6,30,287
|
6,67,887
|
6,31,494
|
6,90,643
|
6,48,145
|
6,09,488
|
27.6
|
28.9
|
25.2
|
25.0
|
24.9
|
26.9
|
24.3
|
21.2
|
|
8. Discrepancies
|
|
4,164
|
-71,977
|
-11,205
|
50,753
|
-74,273
|
-7,811
|
26,616
|
98,959
|
0.2
|
-3.0
|
-0.4
|
1.9
|
-2.9
|
-0.3
|
1.0
|
3.4
|
|
GDP
|
|
23,76,424
|
23,66,505
|
25,04,728
|
26,73,447
|
25,34,654
|
25,66,294
|
26,68,797
|
28,74,237
|
100.0
|
100.0
|
100.0
|
100.0
|
100.0
|
100.0
|
100.0
|
100.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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STATEMENT 8: Quarterly
Estimates of Expenditures of GDP for 2014-15
(at current prices)
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Item
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(Rs.
in crore)
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RATES of GDP (%)
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2013-14
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2014-15
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2013-14
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2014-15
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Q1
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Q2
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Q3
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Q4
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Q1
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Q2
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Q3
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Q4
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Q1
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Q2
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Q3
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Q4
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Q1
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Q2
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Q3
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Q4
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1. Private Final Consumption Expenditure (PFCE)
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15,89,308
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15,92,766
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18,01,970
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17,88,021
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18,09,840
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18,09,471
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19,34,977
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19,79,950
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60.5
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58.7
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61.5
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58.1
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60.7
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58.7
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61.1
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59.7
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2. Government Final Consumption Expenditure
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3,40,749
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3,65,961
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2,61,815
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3,08,942
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3,70,775
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4,22,975
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3,44,933
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2,93,387
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13.0
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13.5
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8.9
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10.0
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12.4
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13.7
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10.9
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8.9
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3. Gross Fixed Capital Formation (GFCF)
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7,64,938
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8,26,001
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8,61,093
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9,15,824
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8,68,821
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8,89,306
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8,91,403
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9,52,591
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29.1
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30.5
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29.4
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29.8
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29.2
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28.9
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28.2
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28.7
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4. Change in Stocks
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43,931
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42,736
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41,881
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47,679
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47,755
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46,124
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42,699
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50,096
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1.7
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1.6
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1.4
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1.5
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1.6
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1.5
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1.3
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1.5
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5. Valuables
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35,721
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36,898
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32,500
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40,333
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43,643
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38,882
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37,843
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56,064
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1.4
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1.4
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1.1
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1.3
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1.5
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1.3
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1.2
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1.7
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6. Exports
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6,15,780
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7,46,872
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7,26,472
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7,65,589
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7,11,138
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7,62,430
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7,32,477
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7,02,130
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23.4
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27.5
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24.8
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24.9
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23.9
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24.8
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23.1
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21.2
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7. Less Imports
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7,68,014
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8,27,311
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7,83,411
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8,11,616
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7,80,174
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8,68,242
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8,12,168
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7,39,243
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29.2
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30.5
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26.8
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26.4
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26.2
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28.2
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25.7
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22.3
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8. Discrepancies
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6,362
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-72,255
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-14,255
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21,777
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-91,620
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-20,888
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-5,837
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19,669
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0.2
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-2.7
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-0.5
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0.7
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-3.1
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-0.7
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-0.2
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0.6
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GDP
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26,28,775
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27,11,667
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29,28,065
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30,76,549
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29,80,178
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30,80,059
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31,66,327
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33,14,644
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100.0
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100.0
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100.0
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100.0
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100.0
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100.0
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100.0
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100.0
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Click
here to see PDF: