APPENDIX TABLE 1 : SELECT MACROECONOMIC AND FINANCIAL INDICATORS

Item

2001-02

2002-03

2003-04

2004-05

2005-06

Average 1996-97to2005-06(10 years)

1

2

3

4

5

6

7

1.

Real GDP ( % change )

5.8

3.8

8.5

7.5

QE

8.4

RE

6.3

2.

Industrial Production ( % change )

2.8

5.8

7.0

8.4

8.1

P

6.0

3.

Agricultural Production ( % change )

7.6

-13.2

16.1

-2.7

7.5

1.9

4.

Foodgrains Production ( Million tonnes )

212.9

174.8

213.2

198.4

208.3

$

200.9

5.

Gross Domestic Saving Rate ( % of GDP )

23.6

26.5

28.9

29.1

QE

n.a.

24.9 ^

6.

Gross Domestic Investment Rate ( % of GDP )

23.0

25.3

27.2

30.1

QE

n.a.

25.3 ^

7.

Central Government Finances ( % of GDP )

a) Total Revenue Receipts

8.8

9.4

9.6

9.8

9.9

RE

9.2

b) Total Expenditure

15.9

16.9

17.1

15.9

14.4

RE

15.7

c) Revenue Deficit

4.4

4.4

3.6

2.5

2.6

RE

3.4

d) Fiscal Deficit

6.2

5.9

4.5

4.0

4.1

RE

5.3

e) Net RBI Credit to Centre

-0.2

-1.2

-2.8

-1.9

0.8

-0.4

f) Interest Payments

4.7

4.8

4.5

4.1

3.7

RE

4.4

g) Domestic Debt

56.8

61.2

61.2

61.9

60.2

RE

54.4

8.

Monetary Aggregates ( % change )

14.1

12.7 @

16.7

12.1

#

17.0

£

16.0

a) Broad Money ( M3 )

11.4

12.0

22.2

11.9

20.9

£

13.9

b) Narrow Money ( M1)

11.4

9.2

18.3

12.1

17.2

11.5

c) Reserve Money ( M0)

9.

Scheduled Commercial Banks ( % change )

a) Aggregate Deposits

14.6

13.4 @

17.5

12.8

#

18.1

£

16.4

b) Bank Credit

15.3

16.1 @

15.3

27.0

#

30.8

£

18.0

c) Non-Food Credit

13.6

18.6 @

18.4

27.5

#

31.8

£

18.0

d) Investments in Government Securities

20.9

27.3

25.1

7.9

#

-2.7

£

18.3

10.

Wholesale Price Index ( % change )

a) Point-to-Point

1.6

6.5

4.6

5.1

4.1

4.9

b) Average

3.6

3.4

5.4

6.4

4.4

4.9

11.

Consumer Price Index - Industrial Workers ( % change )

a) Point-to-Point

5.2

4.1

3.5

4.2

4.9

5.6

b) Average

4.3

4.0

3.9

3.8

4.4

5.7

12.

BSE Sensitive Index ( % change )

-3.7

-12.1

83.4

16.1

73.7

17.8

13.

Trade and Balance of Payments

a) Exports in US $ ( % change )

-1.6

20.3

23.3

23.9

27.5

13.0

b) Imports in US $ ( % change )

-2.8

14.5

24.1

48.5

31.6

14.7

c) Current Account ( % of GDP )

0.7

1.3

2.3

-0.8

-1.3

-0.3

d) Capital Account ( % of GDP )

1.8

2.1

2.8

4.4

3.1

2.6

14.

Foreign Exchange Reserves* ( US $ Million )

54716

76100

112959

141514

151622

–

15.

External Debt*

a) Debt-GDP Ratio

21.1

20.4

17.8

17.3

15.8

20.9

b) Debt-Service Ratio

13.6

16.0

16.3

6.1

10.2

15.7

16.

Exchange Rate ( Rupee / US$ )

a) High

46.56

47.51

43.45

43.36

43.30

–

b) Low

48.85

49.06

47.46

46.46

46.33

–

P : Provisional.
n.a. : Not available.
^ : Latest available data pertain to 2004-05 and therefore averages are taken for nine years.
@ : Adjusted for the mergers in the banking system.
£ : Variation over April 1, 2005. $ :
Fourth Advance Estimates.
* : As at the end of the period.
# : Adjusted for the conversion in the banking system since October 11, 2004.
BE : Budget Estimates.
RE : Revised Estimates.
QE : Quick Estimates.