Year

89-90

90-91

91-92

92-93

93-94

94-95

95-96

96-97

97-98

98-99

Average

Standard

Range

Deviation

Broad Money (M₃)

2.7

2.7

2.7

2.7

2.6

2.5

2.6

2.6

2.6

2.6

2.6

0.1

Net Bank Credit to Government

4.1

4.0

4.1

4.1

4.1

4.3

4.5

4.5

4.4

4.4

4.3

0.2

Net RBI Credit to Government

5.8

5.8

5.7

6.2

7.7

8.6

9.5

10.1

10.2

10.1

8.0

2.0

Total Bank Credit to Commercial Sector

4.6

4.7

4.7

4.7

4.8

4.7

5.0

5.2

5.3

5.4

4.9

0.3

Narrow Money (M₁)

7.5

7.4

7.5

7.4

7.2

6.7

6.1

5.8

5.7

5.7

6.7

0.8

Currency with the Public

10.5

10.4

10.3

10.2

10.1

10.0

10.0

10.0

9.9

9.8

10.1

0.2

Reserve Money

7.9

7.8

7.4

6.7

6.0

5.7

5.8

6.2

6.4

6.2

6.6

0.8

Deposits (Banking Department)

11.0

10.7

9.8

7.5

9.1

10.9

11.5

11.5

11.1

10.8

10.4

1.3

Liabilities to the Banking System (SCBs)

40.7

40.5

38.8

36.0

31.4

30.5

25.3

21.0

17.0

15.1

29.6

9.6

Aggregate Deposits (SCBs)

2.1

2.0

2.0

1.9

2.0

2.0

2.3

2.6

2.8

3.0

2.3

0.4

Demand Deposits (SCBs)

5.8

5.3

4.8

5.1

6.0

7.3

8.9

10.2

11.2

11.6

7.6

2.6

Time Deposits (SCBs)

2.0

1.9

1.8

1.8

1.7

1.6

1.5

1.5

1.6

1.6

1.7

0.2

Government of India Rupee Securities

12.0

12.0

11.9

12.0

12.0

12.3

12.7

12.8

13.0

13.1

12.4

0.5

Balances held Abroad

42.7

39.4

33.4

28.1

22.7

17.9

14.8

11.7

10.4

10.5

23.2

12.1

Loans and Advances (RBI)

54.8

52.0

47.3

43.5

38.1

29.6

25.6

23.7

22.4

21.1

35.8

12.9

Investments (RBI)

14.4

14.3

15.2

17.2

20.2

23.3

26.3

28.6

30.5

31.0

22.1

6.7

Cash in Hand and Balances with RBI

17.8

17.4

15.7

12.8

11.5

9.8

7.9

6.4

6.1

6.3

11.2

4.6

Asset with Banking System (SCBs)

38.0

37.0

34.5

30.0

24.8

22.0

21.0

16.5

12.0

12.4

24.8

9.7

Bank Credit (SCBs)

5.9

5.7

5.7

5.7

5.6

5.4

5.9

6.3

6.4

6.3

5.9

0.3

Loans,Cash Credits and Overdrafts (SCBs)

5.1

5.1

5.1

5.0

4.8

4.8

5.5

6.0

6.3

6.4

5.4

0.6

Food Credit (SCBs)

35.6

34.8

32.4

29.3

27.1

25.6

24.2

23.4

23.3

23.0

27.9

4.9

Investments (SCBs)

2.4

2.3

2.1

1.8

1.5

1.9

2.5

3.0

3.4

3.6

2.4

0.7

WPI - All Commodities (Base:1981-82=100)

2.1

2.1

2.1

2.0

1.9

1.8

1.7

1.7

1.6

1.5

1.9

0.2

WPI - Primary Articles

4.0

4.0

3.7

3.4

3.2

2.8

2.3

2.0

1.7

1.7

2.9

0.9

WPI - Food Articles

5.4

5.3

5.1

4.9

4.5

4.1

3.7

3.3

3.1

3.0

4.2

0.9

WPI - Foodgrains (Cereals + Pulses)

3.6

3.6

3.4

3.2

2.9

2.7

2.5

2.5

2.5

2.6

3.0

0.5

WPI - Cereals

3.5

3.4

3.2

3.1

3.0

2.9

3.0

3.2

3.4

3.6

3.2

0.2

WPI - Wheat

13.3

13.3

12.8

12.3

11.4

10.7

10.5

10.4

10.6

10.7

11.6

1.2

WPI - Rice

4.2

4.2

4.1

4.0

4.0

3.9

3.8

3.8

3.9

3.9

4.0

0.1

WPI - Pulses

6.2

6.1

5.9

5.5

4.3

3.1

2.4

2.2

2.5

2.6

4.1

1.7

WPI - Fruits & Vegetables

18.3

18.0

17.3

16.5

15.3

13.9

12.6

12.6

12.9

12.8

15.0

2.3

WPI - Fibres

8.2

8.1

7.4

6.2

4.7

4.1

3.5

3.0

2.7

2.6

5.0

2.2

WPI - Oilseeds

8.1

8.5

8.9

9.2

9.2

8.6

7.7

6.8

6.6

6.5

8.0

1.1

WPI - Minerals

1.1

1.2

1.3

1.6

1.6

1.5

1.1

0.8

0.7

0.8

1.2

0.3

WPI - Fuel, Power, Light & Lubricants

2.2

2.2

2.0

1.9

1.7

1.4

1.5

1.7

1.9

1.9

1.8

0.3

WPI - Manufactured Products

1.7

1.7

1.7

1.6

1.5

1.4

1.4

1.3

1.3

1.4

1.5

0.2

WPI - Food Products

4.9

4.9

4.9

5.0

5.1

5.0

5.0

5.0

5.0

5.0

5.0

0.1

WPI - Sugar

4.0

3.9

3.8

3.5

3.7

3.5

3.1

2.8

2.6

2.7

3.4

0.5

WPI - Edible Oils

4.4

4.4

4.3

4.5

4.4

4.0

3.9

3.6

3.5

3.3

4.0

0.4

Consumer Price Index for Industrial Workers

(1982=100)

2.6

2.5

2.5

2.6

2.5

2.5

2.6

2.6

2.6

2.6

2.6

0.1

IIP - General Index

26.6

26.0

24.8

23.2

21.5

19.6

17.5

15.7

14.6

14.0

20.4

4.8

IIP - Basic Industries

19.1

18.9

18.7

18.2

17.7

16.7

15.8

14.9

14.4

14.2

16.9

1.9

IIP - Capital Goods Industries

78.7

77.4

73.4

67.1

60.0

53.3

47.5

43.2

40.6

39.4

58.1

15.4

IIP - Intermediate Goods Industries

8.2

7.6

6.8

6.4

6.2

6.0

5.8

5.7

5.8

5.8

6.4

0.9

IIP - Consumer Goods Industries

26.1

25.5

24.7

23.5

22.7

22.0

21.8

21.6

21.6

21.4

23.1

1.8

IIP - Consumer Durables

29.3

28.9

27.8

26.3

24.4

22.8

21.7

21.1

20.8

20.8

24.4

3.4

IIP - Consumer Non-Durables

26.4

25.9

25.1

23.9

23.1

22.4

22.2

22.1

22.1

21.9

23.5

1.7

IIP - Mining

30.5

30.3

29.6

28.4

26.9

25.1

23.4

22.0

21.0

20.6

25.8

3.9

IIP - Manufacturing

30.4

29.8

28.2

26.0

23.1

20.0

17.6

15.8

14.7

14.1

22.0

6.4

IIP - Electricity

11.2

11.1

10.8

10.6

10.4

10.1

9.7

9.6

9.8

10.1

10.3

0.6

IIP - Food Products

83.4

83.1

82.1

79.7

75.2

69.3

63.2

60.4

58.7

57.7

71.3

10.6

IIP - Rubber, Plastic, Petroleum and Coal Products

11.8

11.7

11.5

11.1

10.9

9.7

9.4

9.2

9.3

9.5

10.4

1.1

IIP - Chemicals and Chemical Products

(except Petroleum & Coal Products)

12.7

12.1

11.0

9.4

8.0

7.1

7.0

7.6

8.0

8.4

9.1

2.1

IIP - Non-metallic Mineral Products

16.3

16.0

15.7

15.8

16.3

16.4

16.3

15.9

15.7

15.5

16.0

0.3

IIP for Basic Metal and Alloy Industries

17.0

16.5

15.3

13.9

12.6

12.2

12.5

13.1

14.0

14.7

14.2

1.7

IIP - Metal Products & Parts except Machinery

& transport Equipment

12.4

12.5

12.3

12.7

12.7

12.9

12.1

11.7

11.3

11.4

12.2

0.6

IIP - Machinery, Machine Tools & Parts

91.1

88.0

80.7

70.8

59.1

48.1

37.6

30.7

26.9

25.9

55.9

25.6

IIP - Transport Equipment & Parts

35.7

36.0

36.4

36.8

36.3

36.0

35.5

35.3

34.8

34.5

35.7

0.7

Exports (in US $)

31.6

30.8

29.8

29.2

28.5

28.9

30.7

32.1

31.9

31.6

30.5

1.3

Imports (in US $)

15.5

14.7

14.5

17.4

20.1

21.7

21.7

21.1

19.8

18.5

18.5

2.8

Oil Imports (in US $)

29.4

27.4

22.8

18.3

16.2

19.1

21.3

22.1

21.4

20.7

21.9

4.0

Non-Oil Imports (in US $)

16.8

17.3

18.9

22.1

24.9

26.7

26.3

25.5

23.8

22.8

22.5

3.7