Table 2: Range (Difference Between Maximum and Minimum) of Seasonal Factors

Year

91-92

92-93

93-94

94-95

95-96

96-97

97-98

98-99

99-00

00-01

   Average

Standard

  Range

   Deviation

Broad Money (M₃)

2.4

2.4

2.3

2.4

2.5

2.4

2.4

2.2

2.2

2.2

2.3

0.1

Net Bank Credit to Government

4.5

4.6

4.5

4.6

4.8

4.7

4.6

4.3

4.2

4.2

4.5

0.2

Net RBI Credit to Government

8.9

9.2

9.2

9.1

9.6

10.0

9.4

8.4

7.8

7.6

8.9

0.8

Bank Credit to Commercial Sector

4.5

4.7

4.8

5.0

5.1

5.2

5.1

5.2

5.3

5.3

5.0

0.3

Narrow Money (M₁)

7.8

7.5

7.1

6.4

5.9

5.6

5.5

5.5

5.5

5.5

6.2

0.9

Currency with Public

9.9

9.9

9.9

9.9

10.0

9.9

9.8

9.6

9.5

9.4

9.8

0.2

Reserve Money

9.1

8.8

8.5

7.6

6.7

6.3

6.7

6.8

6.8

6.8

7.4

1.0

Deposits (Banking Department)

13.4

13.4

12.8

12.3

11.7

11.0

9.9

9.9

10.2

10.3

11.5

1.4

Liabilities to the Banking System (SCBs)

9.3

8.9

8.4

8.0

7.6

7.1

6.5

6.4

6.6

6.8

7.6

1.0

Aggregate Deposits (SCBs)

1.6

1.6

1.6

1.9

2.1

2.3

2.2

2.0

2.0

2.0

1.9

0.3

Demand Deposits (SCBs)

7.7

7.6

8.2

9.0

10.0

11.0

11.2

11.1

10.9

10.5

9.7

1.5

Time Deposits (SCBs)

1.7

1.6

1.6

1.5

1.5

1.4

1.5

1.5

1.5

1.5

1.5

0.1

Government of India Rupee Securities

12.1

12.3

12.4

12.6

12.8

12.6

12.5

12.1

12.0

12.0

12.3

0.3

Balances held Abroad

19.3

17.8

16.1

13.8

13.2

13.1

13.5

13.4

14.1

14.6

14.9

2.1

Loans and Advances (RBI)

32.1

31.7

32.4

29.7

25.0

22.5

18.7

21.9

26.3

28.9

26.9

4.8

Investments (RBI)

17.1

18.4

20.6

23.0

26.1

28.1

29.0

28.8

28.3

28.1

24.8

4.6

Cash in Hand and Balances with RBI

10.3

9.4

8.4

7.6

7.1

7.0

6.4

7.1

8.4

9.4

8.1

1.3

Asset with Banking System (SCBs)

11.9

12.4

12.2

12.2

12.3

13.3

13.8

14.5

14.7

14.9

13.2

1.2

Bank Credit (SCBs)

5.7

5.9

6.0

6.1

6.2

6.0

5.7

5.4

5.2

5.0

5.7

0.4

Loans, Cash Credits and Overdrafts (SCBs)

4.7

4.8

4.7

4.9

5.3

5.5

5.2

4.9

4.5

4.4

4.9

0.4

Food Credit (SCBs)

26.2

25.5

24.2

23.1

21.3

20.0

20.3

20.1

19.9

19.6

22.0

2.5

Investments (SCBs)

1.5

1.5

1.6

1.8

2.1

2.7

3.0

3.2

3.3

3.3

2.4

0.8

WPI (BASE 1993-94=100) ALL COMMODITIES

1.9

2.0

1.9

1.9

1.7

1.5

1.2

1.3

1.2

1.2

1.6

0.3

WPI - PRIMARY ARTICLE

5.2

5.2

5.2

5.0

4.9

4.7

4.5

4.4

4.3

4.4

4.8

0.4

WPI - Food Articles

6.0

6.0

6.0

6.1

6.1

6.1

5.9

5.7

5.8

6.1

6.0

0.1

WPI - Food Grains (Cereals+Pulses)

2.6

2.5

2.3

2.1

2.0

1.9

1.8

1.8

1.6

1.5

2.0

0.4

WPI - Cereals

2.8

2.7

2.4

2.2

2.1

2.0

1.9

1.7

1.5

1.4

2.1

0.5

WPI - Wheat

9.7

9.3

8.8

8.2

8.1

8.1

8.2

8.2

8.1

7.9

8.5

0.6

WPI - Rice

3.9

3.8

4.0

4.2

4.6

4.8

5.0

5.0

5.1

5.1

4.6

0.5

WPI - Pulses

5.6

5.3

4.9

4.6

4.4

4.8

5.2

5.8

6.5

6.9

5.4

0.8

WPI - Fruits & Vegetables

18.8

19.1

19.3

19.9

21.2

23.0

23.8

24.8

25.5

26.0

22.1

2.8

WPI - Fibres

4.7

4.5

4.2

4.0

3.8

2.9

2.2

1.7

2.1

2.2

3.2

1.1

WPI - Oil Seeds

13.1

12.5

11.5

10.3

9.3

8.5

8.0

7.8

7.7

7.5

9.6

2.1

WPI - Minerals

2.8

2.7

2.5

2.2

2.7

3.1

3.9

4.6

5.0

5.1

3.5

1.1

WPI - Fuel, Power, Light & Lubricants

2.0

2.1

2.2

2.4

2.6

2.9

3.0

3.1

3.1

3.2

2.7

0.5

WPI - Manufactured Products

1.6

1.5

1.3

1.1

0.9

0.9

0.7

0.8

0.8

0.8

1.0

0.3

WPI - Food Products

5.6

5.4

4.9

4.2

3.3

2.4

1.8

1.5

1.3

1.3

3.2

1.7

WPI - Sugar

6.4

6.1

5.5

4.6

3.6

2.6

2.1

2.1

2.1

2.0

3.7

1.8

WPI - Edible Oils

5.6

5.5

5.1

4.7

4.2

3.7

3.2

2.9

3.1

3.3

4.1

1.0

Consumer Price Index for Industrial Workers (1982=100)

2.6

2.6

2.6

2.6

2.7

2.8

3.0

3.1

3.1

3.1

2.8

0.2

IIP - General Index

16.4

16.0

15.3

15.0

14.7

14.3

13.8

13.5

13.1

13.1

14.5

1.2

IIP - Basic Industries

16.8

16.5

16.2

15.7

14.9

13.8

13.3

12.9

12.6

12.5

14.5

1.7

IIP - Capital Goods Industries

69.8

67.1

61.3

53.1

43.7

35.2

29.2

25.1

22.9

21.8

42.9

18.7

IIP - Intermediate Goods Industries

5.4

5.3

4.9

4.8

5.0

5.6

6.1

6.9

7.2

7.3

5.9

1.0

IIP - Consumer Goods Industries

19.3

19.1

19.3

19.7

20.5

21.5

22.5

23.1

23.3

23.4

21.2

1.8

IIP - Consumer Durables

25.4

24.8

23.8

22.7

21.8

21.2

21.0

21.0

21.1

21.4

22.4

1.7

IIP - Consumer Non-Durables

23.4

22.9

22.5

22.4

22.2

22.7

23.6

24.5

25.3

25.6

23.5

1.2

IIP - Mining

25.2

25.0

24.6

24.1

23.2

22.0

20.7

19.6

18.7

18.4

22.2

2.6

IIP - Manufacturing

20.2

19.5

18.3

16.7

15.6

14.7

14.1

13.7

13.6

13.5

16.0

2.5

IIP - Food Products

78.3

76.6

73.2

68.8

64.5

62.7

62.8

63.2

63.8

63.9

67.8

6.1

IIP - Rubber, Plastic, Petroleum and

Coal Products

12.7

12.0

11.6

10.5

9.9

9.4

10.4

11.2

12.1

12.2

11.2

1.1

IIP - Chemicals and Chemical Prods.

(Except Petroleum & Coal Prods.)

8.5

8.0

7.4

6.9

6.7

7.3

7.9

8.8

9.3

9.4

8.0

1.0

IIP - Non-metallic Mineral Products

17.3

17.2

16.9

16.3

15.5

14.7

15.4

16.1

17.0

17.4

16.4

0.9

IIP - Basic Metal and Alloy Industries

13.7

13.7

13.9

13.9

13.7

13.4

13.1

13.1

12.9

12.9

13.4

0.4

IIP - Metal Products & Parts except

Machinery & Transport Equipments

8.9

9.0

9.5

10.3

10.6

10.8

11.3

11.7

11.8

12.0

10.6

1.1

IIP - Machinery & Equipment other

than Transport Equipment

37.0

36.4

35.0

32.5

29.1

25.3

22.1

20.2

19.2

18.5

27.5

7.4

IIP - Transport Equipment & Parts

33.8

33.6

33.2

32.7

31.3

29.1

26.0

24.1

24.7

25.1

29.4

4.0

IIP - Electricity

10.7

10.5

10.4

10.2

9.9

9.8

10.0

10.2

10.3

10.3

10.2

0.3

Exports (in US $ million)

25.7

26.4

27.2

28.8

30.0

29.8

27.9

26.6

26.2

26.3

27.5

1.6

Imports (in US $ million)

18.3

18.5

16.9

16.6

16.6

17.5

17.4

18.8

19.2

20.1

18.0

1.2

Oil Imports (in US $ million)

15.7

14.5

16.9

18.6

18.5

16.5

15.2

18.1

22.3

24.5

18.1

3.2

Non-Oil Imports (in US $ million)

27.5

27.0

25.9

26.2

26.4

25.1

21.9

19.1

17.0

16.4

23.3

4.3