January 31, 2002

PRESS NOTE

QUICK ESTIMATES OF NATIONAL INCOME,

CONSUMPTION EXPENDITURE, SAVING AND CAPITAL FORMATION, 2000-01

 

    The CSO has released the Quick estimates of national income, consumption expenditure, saving and capital formation for the financial year 2000-01. The salient features of the estimates, which are based on latest available information, are indicated below:

GROSS DOMESTIC PRODUCT AND NATIONAL INCOME

Gross domestic product (GDP) at factor cost at constant (1993-94) prices in 2000-01 is estimated at Rs. 11,93,922 crore as against Rs. 11,48,500 crore in 1999-2000 registering a growth of 4.0 per cent during the year as against the growth rate of 6.1 per cent during the previous year. At current prices, GDP in 2000-01 is estimated at Rs. 18,95,843 crore as against Rs. 17,55,638 crore in 1999-2000, showing an increase of 8.0 per cent during the year.

    At constant (1993-94) prices the national income (i.e. net national product at factor cost) in 2000-01 is estimated at Rs. 10,44,915 crore as against Rs. 10,07,743 crore in 1999-2000 showing a rise of 3.7 per cent during the year. At current prices, the national income in 2000-01 is estimated at Rs. 16,79,982 crore as compared to Rs.15,57,781 crore in 1999-2000, showing a rise of 7.8 per cent during the year.

    Despite negative growth in agriculture (-0.4%) and banking & insurance (-2.2%), a growth rate of 4.0 per cent in GDP during 2000-01 has been achieved because of high growth in manufacturing (6.7%), construction (6.8%), communication (15%), real estate, ownership of dwelling & business services (9.0%) and other services (7.4%). The negative growth of 0.4 per cent in the GDP of agriculture sector during the year 2000-01, has mainly been on account of decline in production of rice by 5.4 per cent, wheat by 10.0 per cent, pulses by 20.4 per cent, oilseeds by 11.2 per cent and cotton by 16.3 per cent as compared to the previous year. While coarse cereals registered a growth rate of 4.2 per cent during 2000-01 as compared to the previous year, the production of sugarcane remained at the same level. The livestock sector, which accounts for over 26 per cent of the total value of the agriculture sector, also registered a growth of 3.5 per cent during the year 2000-01 as compared to the previous year. The negative growth of 2.2 per cent in banking & insurance sector during 2000-01 has mainly been on account of decline in the output of the non-banking financial institutions.

PER CAPITA NATIONAL INCOME

    The per capita income (per capita net national product at factor cost) in real terms i.e. at 1993-94 prices, is estimated at Rs. 10,254 for 2000-01 as against Rs.10,067 for 1999-2000, registering an increase of 1.9 per cent during the year. The per capita income at current prices is estimated at Rs. 16,487 in 2000-01 as against Rs. 15,562 for the previous year depicting a growth of 5.9 per cent .

CONSUMPTION EXPENDITURE, SAVING AND CAPITAL FORMATION

    In order to derive the GDP at market prices, the GDP at factor cost is adjusted by adding indirect taxes net of subsidies. As various components of expenditure on gross domestic product, namely, consumption expenditure and capital formation, are normally measured at market prices, the discussion in the following paragraphs is in terms of market prices only.

PRIVATE FINAL CONSUMPTION EXPENDITURE

Private final consumption expenditure (PFCE) in the domestic market at current prices works out to Rs. 13,40,962 crore in 2000-01 as against Rs. 12,65,349 crore in 1999-2000. At constant (1993-94) prices PFCE works out to Rs. 8,11,160 crore in 2000-01 as against Rs. 7,93,709 crore in 1999-2000. The per capita PFCE in 2000-01 works out to Rs. 13,160 at current prices and Rs. 7,960 at constant (1993-94) prices as against Rs. 12,641 and Rs. 7,929 respectively in 1999-2000. The expenditure at constant prices on all items except cereals & bread, pulses, potato & other tubers, milk & milk products and tobacco & its products, has increased in 2000-01 as compared to that of the previous year. The share of the food, beverages & tobacco in the PFCE has perceptibly declined during the year.

DOMESTIC SAVING

Gross domestic saving (GDS) at current prices in 2000-01 is estimated at Rs. 4,88,328 crore as against Rs. 4,47,188 crore in 1999-2000, constituting 23.4 per cent of GDP at market prices as against 23.2 per cent in the previous year. The rise in GDS has been contributed mainly by the household and private corporate sector. However, there is a steep fall in the saving of the public sector. In respect of the household sector, the saving in the form of financial and physical assets has gone up from Rs. 2,07,538 crore and Rs. 1,85,094 crore in 1999-2000 to Rs. 2,28,862 crore and Rs. 2,07,604 crore in 2000-01 respectively. Saving of private corporate sector has gone up from Rs. 71,882 crore in 1999-2000 to Rs. 86,881 crore in 2000-01. The saving of the public sector showed a decline from (-) Rs. 17,326 crore in 1999-00 to (-) Rs. 34,479 crore in 2000-01. The decrease in the public sector saving is mainly due to increase in the dis-saving of government administrative departments from (-) Rs. 95,069 crore in 1999-2000 to (-) Rs.1, 06,521 crore in 2000-01. The net domestic saving has correspondingly gone up from Rs. 2,64,762 crore in 1999-2000 to Rs. 2,89,881 crore in 2000-01 and constitutes 15.2 per cent of net domestic product at market prices in 1999-2000 as against 15.3 per cent in 2000-01. As in the case of gross saving, the net saving of the household sector has also gone up by 11.9 per cent from Rs. 3,31,041 crore in 1999-2000 to Rs. 3,70,484 crore in 2000-01. Likewise, the net saving of the private corporate sector too has increased by 33.1 per cent from Rs. 22,946 crore in 1999-2000 to Rs. 30,531crore in 2000-01. The net dis-saving of the public sector has increased by about 24.6 per cent from (-) Rs. 89,225 crore in 1999-2000 to (-) Rs. 1,11,134 crore in 2000-01.

CAPITAL FORMATION

Gross capital formation at current prices has increased from Rs. 4,69,176 crore in 1999-2000 to Rs. 5,01,305 crore in 2000-01 and at constant (1993-94) prices, it increased from Rs. 3,38,542 crore in 1999-2000 to Rs. 3,45,320 crore in 2000-01. The rate of gross capital formation at current prices has decreased from 24.3 per cent in 1999-2000 to 24.0 per cent in 2000-01. The rates of capital formation in 1999-2000 and 2000-01 are higher than the rate of saving because of the positive net capital inflow from abroad which was Rs. 21,988 crore in 1999-00 and Rs. 12,977 crore in 2000-01. The net capital inflow from abroad for the two years forms 1.1 and 0.6 per cent of the GDP at market prices respectively. The rate of gross capital formation at constant (1993-94) prices also decreased from 26.7 per cent in 1999-2000 to 26.3 per cent in 2000-01. The rate of net capital formation at current prices in 2000-01 was 16.0 per cent as compared to 16.4 per cent in 1999-2000.

    Within the gross capital formation at current prices, the gross fixed capital formation amounted to Rs. 4,56,975 crore in 2000-01 as against Rs. 4,16,936 crore in 1999-2000, thus showing an increase of 9.6 per cent over the previous year. At current prices, the gross fixed capital formation of the public sector increased by 14.7 per cent from Rs. 1,22,905 crore in 1999-2000 to Rs. 1,41,031 crore in 2000-01; that of private corporate sector declined by 1.8 per cent from Rs. 1,14,437 crore in 1999-2000 to Rs. 1,12,326 crore in 2000-01, and that of the household sector increased by 13.4 per cent from Rs. 1,79,594 crore in 1999-2000 to Rs. 2,03,618 crore in 2000-01.

    The change in stocks of inventories, measured as additions to stocks, decreased substantially. At current prices it decreased from Rs. 32,215 crore in 1999-2000 to Rs. 21,217 crore in 2000-01. The decrease is observed in public sector from Rs. 14,765 crore to Rs. 7,075 crore, private corporate sector from Rs. 11,950 crore to Rs. 10,696 crore and household sector from Rs. 5,500 crore to Rs. 3,446 crore.

    The estimates of National Product, Consumption Expenditure, Saving and Capital Formation at aggregate and per capita levels for the years 1993-94, 1999-2000 and 2000-01 are presented in Statement 1 and the detailed estimates at industry/item level in Statements 2 to 10.

 

 

STATEMENT 1: NATIONAL PRODUCT, CONSUMPTION EXPENDITURE, SAVING AND CAPITAL FORMATION

at current prices

item

at 1993-94 prices

1993-94

1999-00@

2000-01*

1999-00@

2000-01*

A. ESTIMATES AT AGGREGATE LEVEL

1

 NATIONAL PRODUCT (Rs. crore)

769,265

1,740,207

1,878,429

1.1

 Gross national product (GNP)

1,136,898

1,181,483

(9.9)

(7.9)

 at factor cost

(6.2)

(3.9)

685,912

1,557,781

1,679,982

1.2

 Net national product (NNP) at factor cost,

1,007,743

1,044,915

(10.1)

(7.8)

 i.e.,National income

(6.3)

(3.7)

847,140

1,914,210

2,070,574

1.3

 GNP at market prices

1,254,004

1,302,762

(10.9)

(8.2)

(7.2)

(3.9)

763,787

1,731,784

1,872,127

1.4

 NNP at market prices

1,124,849

1,166,194

(11.2)

(8.1)

(7.4)

(3.7)

2

 DOMESTIC PRODUCT (Rs. crore)

781,345

1,755,638

1,895,843

2.1

 Gross domestic product (GDP)

1,148,500

1,193,922

(9.9)

(8.0)

 at factor cost

(6.1)

(4.0)

697,992

1,573,212

1,697,396

2.2

 Net domestic product (NDP)

1,019,345

1,057,354

(10.0)

(7.9)

 at factor cost

(6.2)

(3.7)

859,220

1,929,641

2,087,988

2.3

 GDP at market prices

1,265,606

1,315,201

(10.8)

(8.2)

(7.1)

(3.9)

775,867

1,747,215

1,889,541

2.4

 NDP at market prices

1,136,451

1,178,633

(11.1)

(8.1)

(7.3)

(3.7)

3

 DISPOSABLE INCOME @@ (Rs. crore)

780,301

1,785,124

1,930,838

3.1

 Net national disposable income

(11.5)

(8.2)

707,692

1,617,677

1,750,406

3.2

 Personal disposable income

(10.7)

(8.2)

4

 CONSUMPTION EXPENDITURE (Rs. crore)

574,772

1,265,349

1,340,962

4.1

 Private final consumption expenditure

793,709

811,160

(11.1)

(6.0)

 (PFCE) in the domestic market

(5.5)

(2.2)

97,725

248,131

275,895

4.2

 Government final consumption

156,695

166,803

(15.9)

(11.2)

 expenditure(GFCE)

(12.0)

(6.5)
CONTD....

-5-

STATEMENT 1 CONCLD.

at current prices

item

1993-94

1999-00@

2000-01*

1999-00@

2000-01*

5

 DOMESTIC SAVING @@

5.1

 Total (Rs. crore)

193,621

447,188

488,328

 5.1.1 Gross

(18.5)

(9.2)

110,268

264,762

289,881

 5.1.2 Net

(26.6)

(9.5)

5.2

 Rates** (per cent)

22.5

23.2

23.4

 5.2.1 Gross

14.2

15.2

15.3

 5.2.2 Net

6

 CAPITAL FORMATION

6.1

 Total (Rs. crore)

198,412

469,176

501,305

 6.1.1 Gross

338,542

345,320

(18.7)

(6.8)

(15.7)

(2.0)

115,059

286,750

302,858

 6.1.2 Net

209,387

208,752

(26.2)

(5.6)

(22.8)

(-0.3)

6.2

 Rates** (per cent)

23.1

24.3

24.0

 6.2.1 Gross

26.7

26.3

14.8

16.4

16.0

 6.2.2 Net

18.4

17.7

B. ESTIMATES AT PER CAPITA LEVEL

892

1,001

1,019

 Population *** (in million)

1,001

1,019

(1.8)

(1.8)

(1.8)

(1.8)

1

 INCOME (Rs.)

7,690

15,562

16,487

1.1

 Per capita NNP at factor cost

10,067

10,254

(8.1)

(5.9)

 (per capita national income)

(4.4)

(1.9)

7,934

16,161

17,178

1.2

 Per capita personal

(8.7)

(6.3)

 disposable income

2

 CONSUMPTION EXPENDITURE (Rs.)

6,444

12,641

13,160

 Per capita PFCE in

7,929

7,960

(9.1)

(4.1)

 the domestic market

(3.6)

(0.4)
N.B. Figures within parentheses indicate percentage change over the previous year
@ Provisional estimates
@@ The estimates are prepared only at current prices
* Quick estimates
** As per cent of domestic product at market prices
*** Estimates for mid financial year (as on 1st October)

 

STATEMENT 2: PRICE AND QUANTUM INDICES (1993-94 = 100)

item

1999-00@

2000-01*
I Price indices
A. derived from national accounts**
1. net domestic product

154.3

160.5

1.1 agriculture

158.2

162.2

1.2 mining & quarrying

151.1

162.5

1.3 manufacturing

141.6

150.5

1.4 electricity, gas & water supply

155.1

170.0

1.5 others

156.0

162.1

2. private final consumption expenditure

159.4

165.3

in domestic market
3. gross capital formation

138.6

145.2

3.1 construction

156.8

161.7

3.2 machinery & equipment

125.0

132.2

B. directly available
4. wholesale prices (all commodities) ***

145.3

155.7

4.1 primary articles (food & non-food

158.0

162.5

articles & minerals)
4.2 manufactured products

137.2

141.7

5. consumer prices ***
5.1 agricultural labourers

157.2

157.0

5.2 industrial workers

165.8

172.1

5.3 urban non-manual employees

163.0

172.0

II Quantum indices
A. derived from national accounts**
6. net domestic product

146.0

151.5

6.1 agriculture

120.1

119.3

6.2 mining & quarrying

138.1

144.2

6.3 manufacturing

142.8

152.1

6.4 electricity, gas & water supply

166.0

177.8

6.5 others

162.1

169.8

B. directly available
7. index of agricultural production***

112.6

105.8

8. index of industrial production

154.9

162.7

8.1 mining & quarrying

126.7

131.4

8.2 manufacturing

159.4

167.9

8.3 electricity

148.5

154.4

@ provisional estimates *** indices are available with base other than
* quick estimates 1993-94 and these have been converted
** implicit to 1993-94= 100

STATEMENT 3.1: GROSS DOMESTIC PRODUCT AT FACTOR COST BY ECONOMIC ACTIVITY

(Rs. crore)

at current prices

industry

at 1993-94 prices

1993-94

1999-00@

2000-01*

1999-00@

2000-01*

241,967

460,547

471,981

 1 agriculture, forestry & fishing

289,842

289,194

221,834

421,396

430,088

1.1

 agriculture

266,292

265,180

11,454

18,963

19,545

1.2

 forestry & logging

12,558

12,816

8,679

20,188

22,348

1.3

 fishing

10,992

11,198

20,092

40,520

44,648

 2 mining & quarrying

26,908

27,796

125,493

266,890

299,753

 3 manufacturing

192,404

205,220

81,873

171,008

194,865

3.1

 registered

124,993

133,632

43,620

95,882

104,888

3.2

 unregistered

67,411

71,588

18,984

43,886

49,526

 4 electricity, gas & water supply

28,637

30,406

40,593

105,440

116,431

 5 construction

58,815

62,801

99,369

241,541

261,291

 6 trade, hotels & restaurants

168,360

174,688

93,206

224,728

242,807

6.1

 trade

156,780

162,406

6,163

16,813

18,484

6.2

 hotels & restaurants

11,580

12,282

51,131

124,194

138,332

 7 transport, storage & communication

85,146

92,129

9,648

15,623

16,640

7.1

 railways

12,620

13,163

31,429

81,949

92,511

7.2

 transport by other means

48,755

51,713

634

1,260

1,347

7.3

 storage

704

719

9,420

25,362

27,834

7.4

 communication

23,067

26,534

90,084

220,561

236,645

 8 financing, insurance, real estate & business services

145,865

150,051

41,665

119,075

116,550

8.1

 banking & insurance

79,971

78,213

48,419

101,486

120,095

8.2

 real estate, ownership of dwellings & business services

65,894

71,838

93,632

252,059

277,236

 9 community, social & personal services

152,523

161,637

43,636

115,299

124,624

9.1

 public administration & defence

69,596

72,601

49,996

136,760

152,612

9.2

 other services

82,927

89,036

781,345

1,755,638

1,895,843

 10 total gross domestic product at factor cost

1,148,500

1,193,922

@ provisional estimates
  • quick estimates

STATEMENT 3.2: GROSS DOMESTIC PRODUCT AT FACTOR COST BY ECONOMIC ACTIVITY

(percentage change over the previous year)

at current prices

industry

at 1993-94 prices

1999-00@

2000-01*

1999-00@

2000-01*

4.1

2.5

1 agriculture, forestry & fishing

1.3

-0.2

3.7

2.1

1.1

agriculture

1.0

-0.4

6.3

3.1

1.2

forestry & logging

2.1

2.1

11.2

10.7

1.3

fishing

7.2

1.9

13.6

10.2

2 mining & quarrying

2.0

3.3

5.8

12.3

3 manufacturing

4.2

6.7

6.1

14.0

3.1

registered

4.1

6.9

5.3

9.4

3.2

unregistered

4.6

6.2

0.6

12.9

4 electricity, gas & water supply

6.1

6.2

14.6

10.4

5 construction

8.1

6.8

9.4

8.2

6 trade, hotels & restaurants

7.3

3.8

9.0

8.0

6.1

trade

7.0

3.6

14.9

9.9

6.2

hotels & restaurants

11.2

6.1

10.4

11.4

7 transport, storage & communication

8.3

8.2

11.2

6.5

7.1

railways

9.0

4.3

12.5

12.9

7.2

transport by other means

7.0

6.1

9.1

6.9

7.3

storage

5.1

2.1

3.7

9.7

7.4

communication

11.0

15.0

21.8

7.3

8 financing, insurance, real estate & business services

10.6

2.9

24.5

-2.1

8.1

banking & insurance

13.4

-2.2

18.7

18.3

8.2

real estate, ownership of dwellings & business services

7.4

9.0

15.9

10.0

9 community, social & personal services

11.6

6.0

15.8

8.1

9.1

public administration & defence

11.9

4.3

15.9

11.6

9.2

other services

11.4

7.4

9.9

8.0

10 total gross domestic product at factor cost

6.1

4.0

@ provisional estimates

 * quick estimates

STATEMENT 3.3: GROSS DOMESTIC PRODUCT AT FACTOR COST BY ECONOMIC ACTIVITY

(percentage distribution)

at current prices

industry

at 1993-94 prices

1993-94

1999-00@

2000-01*

1999-00@

2000-01*

31.0

26.2

24.9

1 agriculture, forestry & fishing

25.2

24.2

28.4

24.0

22.7

1.1

agriculture

23.2

22.2

1.5

1.1

1.0

1.2

forestry & logging

1.1

1.1

1.1

1.1

1.2

1.3

fishing

1.0

0.9

2.6

2.3

2.4

2 mining & quarrying

2.3

2.3

16.1

15.2

15.8

3 manufacturing

16.8

17.2

10.5

9.7

10.3

3.1

registered

10.9

11.2

5.6

5.5

5.5

3.2

unregistered

5.9

6.0

2.4

2.5

2.6

4 electricity, gas & water supply

2.5

2.5

5.2

6.0

6.1

5 construction

5.1

5.3

12.7

13.8

13.8

6 trade, hotels & restaurants

14.7

14.6

11.9

12.8

12.8

6.1

trade

13.7

13.6

0.8

1.0

1.0

6.2

hotels & restaurants

1.0

1.0

6.5

7.1

7.3

7 transport, storage & communication

7.4

7.7

1.2

0.9

0.9

7.1

railways

1.1

1.1

4.0

4.7

4.9

7.2

transport by other means

4.2

4.3

0.1

0.1

0.1

7.3

storage

0.1

0.1

1.2

1.4

1.5

7.4

communication

2.0

2.2

11.5

12.6

12.5

8 financing, insurance, real estate

12.7

12.6

& business services

5.3

6.8

6.1

8.1

banking & insurance

7.0

6.6

6.2

5.8

6.3

8.2

real estate, ownership of dwellings & business services

5.7

6.0

12.0

14.4

14.6

9 community, social & personal services

13.3

13.5

5.6

6.6

6.6

9.1

public administration & defence

6.1

6.1

6.4

7.8

8.0

9.2

other services

7.2

7.5

100

100

100

 10 total gross domestic product at factor cost

100

100

@ provisional estimates

 * quick estimates

STATEMENT 4.1: NET DOMESTIC PRODUCT AT FACTOR COST BY ECONOMIC ACTIVITY

(Rs. crore)

at current prices

industry

at 1993-94 prices

1993-94

1999-00@

2000-01*

1999-00@

2000-01*

229,829

436,843

446,852

1 agriculture, forestry & fishing

274,858

273,666

210,919

400,607

408,206

1.1

agriculture

253,219

251,713

11,166

18,327

18,884

1.2

forestry & logging

12,205

12,454

7,744

17,909

19,762

1.3

fishing

9,434

9,499

14,950

31,199

35,043

2 mining & quarrying

20,648

21,559

103,739

209,806

237,457

3 manufacturing

148,121

157,806

65,774

127,387

147,038

3.1

registered

90,168

95,976

37,965

82,419

90,419

3.2

unregistered

57,953

61,830

8,801

22,657

26,592

4 electricity, gas & water supply

14,609

15,646

38,749

101,521

112,079

5 construction

55,696

59,525

96,627

235,998

255,124

6 trade, hotels & restaurants

164,064

170,152

91,324

220,791

238,449

6.1

trade

153,715

159,189

5,303

15,207

16,675

6.2

hotels & restaurants

10,349

10,963

37,721

97,525

108,748

7 transport, storage & communication

66,110

71,964

6,792

11,094

11,857

7.1

railways

9,284

9,754

22,888

65,466

74,139

7.2

transport by other means

36,727

39,011

584

1,168

1,247

7.3

storage

641

654

7,457

19,797

21,505

7.4

communication

19,458

22,545

80,541

199,409

213,296

8 financing, insurance, real estate & business services

131,527

134,745

40,110

114,169

111,157

8.1

banking & insurance

76,190

74,273

40,431

85,240

102,139

8.2

real estate, ownership of dwellings & business services

55,337

60,472

87,035

238,254

262,205

9 community, social & personal services

143,712

152,291

38,760

105,594

114,204

9.1

public administration & defence

63,653

66,362

48,275

132,660

148,001

9.2

other services

80,059

85,929

697,992

1,573,212

1,697,396

10 total net domestic product at factor cost

1,019,345

1,057,354

@ provisional estimates

 * quick estimates

STATEMENT 4.2: NET DOMESTIC PRODUCT AT FACTOR COST BY ECONOMIC ACTIVITY

(percentage change over the previous year)

at current prices

industry

at 1993-94 prices

1999-00@

2000-01*

1999-00@

2000-01*

3.9

2.3

1 agriculture, forestry & fishing

1.2

-0.4

3.5

1.9

1.1

agriculture

0.9

-0.6

6.2

3.0

1.2

forestry & logging

2.0

2.0

11.2

10.3

1.3

fishing

6.9

0.7

16.5

12.3

2 mining and quarrying

2.2

4.4

4.8

13.2

3 manufacturing

3.2

6.5

4.2

15.4

3.1

registered

1.9

6.4

5.7

9.7

3.2

unregistered

5.3

6.7

-6.0

17.4

4 electricity, gas & water supply

6.8

7.1

14.9

10.4

5 construction

8.3

6.9

9.5

8.1

6 trade, hotels & restaurants

7.4

3.7

9.0

8.0

6.1

trade

7.1

3.6

16.2

9.7

6.2

hotels & restaurants

12.4

5.9

11.4

11.5

7 transport, storage & communication

9.8

8.9

14.5

6.9

7.1

railways

11.8

5.1

14.4

13.2

7.2

transport by other means

8.7

6.2

9.3

6.8

7.3

storage

5.1

2.0

1.2

8.6

7.4

communication

11.2

15.9

23.2

7.0

8 financing, insurance, real estate & business services

11.0

2.4

25.4

-2.6

8.1

banking & insurance

13.8

-2.5

20.3

19.8

8.2

real estate, ownership of dwellings & business services

7.5

9.3

16.2

10.1

9 community, social & personal services

11.9

6.0

16.5

8.2

9.1

public administration & defence

12.7

4.3

16.0

11.6

9.2

other services

11.4

7.3

10.0

7.9

10 total net domestic product at factor cost

6.2

3.7

@ provisional estimates

 * quick estimates

STATEMENT 4.3: NET DOMESTIC PRODUCT AT FACTOR COST BY ECONOMIC ACTIVITY

(percentage distribution)

at current prices

industry

at 1993-94 prices

1993-94

1999-00@

2000-01*

1999-00@

2000-01*

32.9

27.8

26.3

1 agriculture, forestry & fishing

27.0

25.9

30.2

25.5

24.0

1.1

agriculture

24.8

23.8

1.6

1.2

1.1

1.2

forestry & logging

1.2

1.2

1.1

1.1

1.2

1.3

fishing

0.9

0.9

2.1

2.0

2.1

2 mining and quarrying

2.0

2.0

14.9

13.3

14.0

3 manufacturing

14.5

14.9

9.4

8.1

8.7

3.1

registered

8.8

9.1

5.4

5.2

5.3

3.2

unregistered

5.7

5.8

1.3

1.4

1.6

4 electricity, gas & water supply

1.4

1.5

5.6

6.5

6.6

5 construction

5.5

5.6

13.8

15.0

15.0

6 trade, hotels & restaurants

16.1

16.1

13.1

14.0

14.0

6.1

trade

15.1

15.1

0.8

1.0

1.0

6.2

hotels & restaurants

1.0

1.0

5.4

6.2

6.4

7 transport, storage & communication

6.5

6.8

1.0

0.7

0.7

7.1

railways

0.9

0.9

3.3

4.2

4.4

7.2

transport by other means

3.6

3.7

0.1

0.1

0.1

7.3

storage

0.1

0.1

1.1

1.3

1.3

7.4

communication

1.9

2.1

11.5

12.7

12.6

8 financing, insurance, real estate & business services

12.9

12.7

5.7

7.3

6.5

8.1

banking & insurance

7.5

7.0

5.8

5.4

6.0

8.2

real estate, ownership of dwellings & business services

5.4

5.7

12.5

15.1

15.4

9 community, social & personal services

14.1

14.4

5.6

6.7

6.7

9.1

public administration & defence

6.2

6.3

6.9

8.4

8.7

9.2

other services

7.9

8.1

100

100

100

 10 total net domestic product at factor cost

100

100

@ provisional estimates

 * quick estimates

STATEMENT 5.1: PRIVATE FINAL CONSUMPTION EXPENDITURE BY OBJECT IN DOMESTIC MARKET

(Rs. crore)

at current prices

item

at 1993-94 prices

1993-94

1999-00@

2000-01*

1999-00@

2000-01*

315,243

651,262

644,476

1 food, beverages & tobacco

398,638

388,298

290,841

581,678

573,760

1.1 food

357,328

347,524

80,267

168,463

142,252

1.1.1

 cereals & bread

89,242

76,728

11,994

19,033

15,316

1.1.2

 pulses

11,680

8,776

20,162

37,186

39,701

1.1.3

 sugar & gur

25,962

27,509

23,204

31,313

29,289

1.1.4

 oils & oilseeds

27,063

27,662

62,570

114,727

127,292

1.1.5

 fruits & vegetables

72,686

76,286

6,209

10,339

9,602

1.1.6

 potato & other tubers

8,093

7,532

46,594

105,468

108,775

1.1.7

 milk & milk products

71,456

66,651

21,737

47,810

52,715

1.1.8

 meat, egg & fish

28,719

29,857

5,852

8,294

8,538

1.1.9

 coffee, tea & cocoa

4,235

5,684

12,252

39,045

40,280

1.1.10

 spices & other food

18,192

20,839

5,951

14,135

16,098

1.2 beverages, pan & intoxicants

6,957

8,974

12,309

38,773

36,252

1.3 tobacco & its products

22,813

19,547

6,142

16,676

18,366

1.4 hotels & restaurants

11,540

12,253

34,999

61,896

65,739

2 clothing & footwear

43,740

45,214

30,937

54,453

57,308

2.1 clothing

38,926

39,579

4,062

7,443

8,431

2.2 footwear

4,814

5,635

68,239

128,079

152,158

3 gross rent, fuel & power

85,409

88,705

46,854

84,553

94,895

3.1

 gross rent & water charges

55,540

57,146

21,385

43,526

57,263

3.2

 fuel & power

29,869

31,559

17,610

35,703

40,776

4 furniture, furnishings, appliances & services

26,541

29,782

14,239

27,732

31,875

4.1

 furniture, furnishings & household equipment etc.

21,610

24,517

3,371

7,971

8,901

4.2

 services

4,931

5,265

19,543

83,517

98,168

5 medical care & health services

36,712

40,728

64,993

159,117

178,885

6 transport & communication

106,442

113,051

2,294

6,370

6,797

6.1

 personal transport equipment

4,644

4,712

22,298

50,980

56,871

6.2

 operation of personal transport equipment

34,891

37,589

36,143

90,280

102,286

6.3

 purchase of transport services

55,585

58,802

4,258

11,487

12,931

6.4

 communication

11,322

11,948

17,626

45,071

49,329

7 recreation, education & cultural services

30,076

31,865

10,092

27,959

30,606

7.1

 education

16,884

17,837

7,534

17,112

18,723

7.2

 others

13,192

14,028

36,519

100,704

111,431

8 miscellaneous goods & services

66,151

73,517

574,772

1,265,349

1,340,962

9 private final consumption expenditure in

793,709

811,160

domestic market

@ provisional estimates

 * quick estimates

STATEMENT 5.2: PRIVATE FINAL CONSUMPTION EXPENDITURE BY OBJECT IN DOMESTIC MARKET

(percentage distribution)

at current prices

item

at 1993-94 prices

1993-94

1999-00@

2000-01*

1999-00@

2000-01*

54.8

51.5

48.1

1 food, beverages & tobacco

50.2

47.9

50.6

46.0

42.8

1.1 food

45.0

42.8

14.0

13.3

10.6

1.1.1

 cereals & bread

11.2

9.5

2.1

1.5

1.1

1.1.2

 pulses

1.5

1.1

3.5

2.9

3.0

1.1.3

 sugar & gur

3.3

3.4

4.0

2.5

2.2

1.1.4

 oils & oilseeds

3.4

3.4

10.9

9.1

9.5

1.1.5

 fruits & vegetables

9.2

9.4

1.1

0.8

0.7

1.1.6

 potato & other tubers

1.0

0.9

8.1

8.3

8.1

1.1.7

 milk & milk products

9.0

8.2

3.8

3.8

3.9

1.1.8

 meat, egg & fish

3.6

3.7

1.0

0.7

0.6

1.1.9

 coffee, tea & cocoa

0.5

0.7

2.1

3.1

3.0

1.1.10

 spices & other food

2.3

2.6

1.0

1.1

1.2

1.2 beverages, pan & intoxicants

0.9

1.1

2.1

3.1

2.7

1.3 tobacco & its products

2.9

2.4

1.1

1.3

1.4

1.4 hotels & restaurants

1.5

1.5

6.1

4.9

4.9

2 clothing & footwear

5.5

5.6

5.4

4.3

4.3

2.1 clothing

4.9

4.9

0.7

0.6

0.6

2.2 footwear

0.6

0.7

11.9

10.1

11.3

3 gross rent, fuel & power

10.8

10.9

8.2

6.7

7.1

3.1

 gross rent & water charges

7.0

7.0

3.7

3.4

4.3

3.2

 fuel & power

3.8

3.9

3.1

2.8

3.0

4 furniture, furnishings, appliances & services

3.3

3.7

2.5

2.2

2.4

4.1

 furniture, furnishings & household equipment etc.

2.7

3.0

0.6

0.6

0.7

4.2

 services

0.6

0.6

3.4

6.6

7.3

5 medical care & health services

4.6

5.0

11.3

12.6

13.3

6 transport & communication

13.4

13.9

0.4

0.5

0.5

6.1

 personal transport equipment

0.6

0.6

3.9

4.0

4.2

6.2

 operation of personal transport equipment

4.4

4.6

6.3

7.1

7.6

6.3

 purchase of transport services

7.0

7.2

0.7

0.9

1.0

6.4

 communication

1.4

1.5

3.1

3.6

3.7

7 recreation, education & cultural services

3.8

3.9

1.8

2.2

2.3

7.1

 education

2.1

2.2

1.3

1.4

1.4

7.2

 others

1.7

1.7

6.4

8.0

8.3

8 miscellaneous goods & services

8.3

9.1

100

100

100

9 private final consumption expenditure in

100

100

domestic market

@ provisional estimates

 * quick estimates

STATEMENT 6: DOMESTIC SAVING

(at current prices)
(Rs. crore)

item

1993-94

1999-00@

2000-01*
1 gross domestic saving

193,621

447,188

488,328
1.1 household sector

158,310

392,632

435,926
1.1.1 financial saving

94,738

207,538

228,862
1.1.2 saving in physical assets

63,572

185,094

207,064
1.2 private corporate sector

29,866

71,882

86,881
1.2.1 joint stock companies

28,437

68,849

83,615
1.2.2 co-operative banks & societies ++

1,429

3,033

3,266
1.3 public sector

5,445

-17,326

-34,479
1.3.1 public authorities

-18,559

-84,154

-101,988
1.3.1.1 government administration $

-25,970

-95,069

-106,521
1.3.1.2 departmental enterprises

7,411

10,915

4,533
1.3.2 non-departmental enterprises

24,004

66,828

67,509
2 less consumption of fixed capital **

83,353

182,426

198,447
2.1 household sector

28,941

61,591

65,442
2.2 private corporate sector

17,028

48,936

56,350
2.3 public sector

37,384

71,899

76,655
3 net domestic saving

110,268

264,762

289,881
3.1 household sector (1.1-2.1)

129,369

331,041

370,484
3.2 private corporate sector

12,838

22,946

30,531
(1.2-2.2)
3.3 public sector (1.3-2.3)

-31,939

-89,225

-111,134
4 net capital inflow ***

4,791

21,988

12,977
5 finances for gross capital formation (1+4)

198,412

469,176

501,305
@ provisional estimates
* quick estimates
** Estimated from the value of fixed capital stock and expected age of various types
of assets and differs from the provisions for depreciation as per books of accounts.
Alternative estimates of net saving/capital formation can be derived using
provision for depreciation.
*** Net capital inflow is the deficit of the nation on current account in Balance of
Payment Account excluding official transfer payments.
++ Includes quasi corporate bodies
$ Includes public services in quasi-government bodies

STATEMENT 7.1: CAPITAL FORMATION BY TYPE OF ASSETS AND BY TYPE OF INSTITUTION

(Rs. crore)

at current prices

item

at 1993-94 prices

1993-94

1999-00@

2000-01*

1999-00@

2000-01*

182,619

449,151

478,192

 1 gross capital formation

324,095

329,397

70,834

137,670

148,106

1.1

 public sector

90,374

93,041

48,213

126,387

123,022

1.2

 private corporate sector

99,272

91,684

63,572

185,094

207,064

1.3

 household sector

134,449

144,672

184,293

416,936

456,975

 2 gross fixed capital formation

300,809

314,824

68,853

122,905

141,031

2.1

 public sector

79,767

88,452

36,580

75,148

88,777

2.1.1

 construction

44,750

51,762

32,273

47,757

52,254

2.1.2

 machinery & equipment

35,017

36,690

51,388

114,437

112,326

2.2

 private corporate sector

90,879

84,341

7,356

18,051

17,766

2.2.1

 construction

11,938

11,322

44,032

96,386

94,560

2.2.2

 machinery & equipment

78,941

73,019

64,052

179,594

203,618

2.3

 household sector

130,163

142,031

43,689

108,710

116,888

2.3.1

 construction

72,109

75,058

20,363

70,884

86,730

2.3.2

 machinery & equipment

58,054

66,973

-1,674

32,215

21,217

 3 change in stocks

23,286

14,573

1,981

14,765

7,075

3.1

 public sector

10,607

4,589

-3,175

11,950

10,696

3.2

 private corporate sector

8,393

7,343

-480

5,500

3,446

3.3

 household sector

4,286

2,641

83,353

182,426

198,447

 4 less consumption of fixed capital**

129,155

136,568

37,384

71,899

76,655

4.1

 public sector

47,410

49,036

17,028

48,936

56,350

4.2

 private corporate sector

39,490

42,954

28,941

61,591

65,442

4.3

 household sector

42,255

44,578

99,266

266,725

279,745

 5 net capital formation

194,940

192,829

33,450

65,771

71,451

5.1

 public sector

42,964

44,005

31,185

77,451

66,672

5.2

 private corporate sector

59,782

48,730

34,631

123,503

141,622

5.3

 household sector

92,194

100,094

15,793

20,025

23,113

 6 errors & omissions

14,447

15,923

115,059

286,750

302,858

 7 net capital formation adjusted

209,387

208,752
for errors & omissions

198,412

469,176

501,305

 8 gross capital formation

338,542

345,320
adjusted for errors & omissions

@ provisional estimates

 * quick estimates ** See footnote on item 2, Statement 6.

STATEMENT 7.2: GROSS CAPITAL FORMATION BY INDUSTRTY OF USE

(Rs. crore)

at current prices

industry

at 1993-94 prices

1993-94

1999-00@

2000-01*

1999-00@

2000-01*

15,249

30,252

31,630

 1 agriculture, forestry and fishing

19,289

19,451

13,523

26,111

27,038

1.1

 agriculture

16,582

16,545

474

987

996

1.2

 forestry & logging

550

543

1,252

3,154

3,596

1.3

 fishing

2,157

2,363

6,574

8,820

5,371

 2 mining & quarrying

5,753

3,626

58,702

143,812

147,825

 3 manufacturing

109,419

106,446

41,901

124,328

114,841

3.1

 registered

95,920

84,454

16,801

19,484

32,984

3.2

 unregistered

13,499

21,992

23,170

35,270

39,707

 4 electricity, gas & water supply

24,148

25,713

2,289

4,403

4,201

 5 construction

3,434

3,088

7,655

18,601

18,434

 6 trade, hotels & restaurants

13,434

12,802

5,571

15,745

13,299

6.1

 trade

11,319

9,174

2,084

2,856

5,135

6.2

 hotels & restaurants

2,115

3,628

22,770

41,475

53,431

 7 transport, storage & communication

28,659

35,180

5,580

5,307

6,343

7.1

 railways

3,907

4,554

11,304

21,900

26,638

7.2

 transport by other means

15,824

18,219

136

335

312

7.3

 storage

228

202

5,750

13,933

20,138

7.4

 communication

8,700

12,205

28,189

50,003

52,700

 8 financing, insurance, real

33,247

33,763

estate & business services

7,510

8,237

7,451

8.1

 banking & insurance

6,053

5,186

20,679

41,766

45,249

8.2

 real estate, ownership of

27,194

28,577

dwellings & business services

16,535

47,607

55,699

 9 community, social &

30,991

34,848

personal services

11,937

30,824

38,022

9.1

 public administration & defence

19,378

23,129

4,598

16,783

17,677

9.2

 other services

11,613

11,719

181,133

380,243

408,998

 10 total gross capital formation

268,374

274,917

by industry of use

198,412

469,176

501,305

 11 gross capital formation

338,542

345,320

by type of assets adjusted

17,279

88,933

92,307

 12 difference (11-10)

70,168

70,403

@ provisional estimates

 * quick estimates

STATEMENT 8: PERFORMANCE OF PUBLIC SECTOR @@

(at current prices)
(Rs. crore)

item

1993-94

1999-00@

2000-01*
1. gross domestic product

781,345

1,755,638

1,895,843
(item 10, statement 3.1)
1.1 public

202,512

450,528

472,000
1.2 private

578,833

1,305,110

1,423,843
2. gross domestic saving

193,621

447,188

488,328
(item 1, statement 6)
2.1 public

5,445

-17,326

-34,479
(item 1.3, statement 6)
2.2 private

188,176

464,514

522,807
(item 1.1+1.2, statement 6)
3. gross capital formation**

182,619

449,151

478,192
(item 1, statement 7.1)
3.1 public

70,834

137,670

148,106
(item 1.1, statement 7.1)
3.2 private

111,785

311,481

330,086
(item 1.2+1.3, statement 7.1)
4. final consumption expenditure

672,497

1,513,480

1,616,857
4.1 public

97,725

248,131

275,895
4.2 private

574,772

1,265,349

1,340,962
(item 9, statement 5.1)

percentage share of public sector
1. gross domestic product

25.9

25.7

24.9
2. gross domestic saving

2.8

-3.9

-7.1
3. gross domestic capital formation

38.8

30.7

31.0
4. final consumption expenditure

14.5

16.4

17.1
@ provisional estimates * quick estimates
@@ includes public services in ** unadjusted for errors and omissions
quasi-government bodies

STATEMENT 9

INCOME AND OUTLAY ACCOUNT OF THE ADMINISTRATIVE DEPARTMENTS

INCLUDING DEPARTMENTAL ENTERPRISES OTHER THAN RAILWAYS AND COMMUNICATION @@

(at current prices)

(Rs. crore)

item

1993-94

1999-00@

2000-01*
A. Expenditure
1. consumption expenditure

91,810

233,783

260,190
2. Interst on public debt

35,783

97,770

109,222
3. subsidies

23,251

48,084

55,383
4. current transfers

22,641

51,633

62,974
6. net saving **

-36,091

-118,560

-131,185
7. total expenditure

137,394

312,710

356,584
B. Receipts
8. income from entrepreneurship and property

8,921

20,276

22,256
8.1 profits

-3,073

-8,926

-9,017
8.2 interest receipts

5,954

15,233

15,984
8.3 other property receipts

6,040

13,969

15,289
9. direct taxes

22,985

63,130

79,483
10. indirect taxes

101,126

222,087

247,528
11. miscellaneous

4,362

7,217

7,317
12. total receipts

137,394

312,710

356,584
@ provisional estimates @@ does not include public services in
* quick estimates quasi-government bodies for
** derived as a residual i.e. total want of details
receipts minus disbursements

STATEMENT 10

CAPITAL FINANCE ACCOUNT OF THE ADMINISTRATIVE DEPARTMENTS

INCLUDING DEPARTMENTAL ENTERPRISES OTHER THAN RAILWAYS AND COMMUNICATION @@

(at current prices)
(Rs. crore)

item

1993-94

1999-00@

2000-01*
Expenditure
1. change in stocks

206

1,119

1,241
1.1 administrative departments

125

804

964
1.2 departmental enterprises

81

315

277
2. gross fixed capital formation

21,525

47,631

56,605
2.1 administrative departments

14,654

36,436

46,070
2.2 departmental enterprises

6,871

11,195

10,535
3. net purchase of second hand

-57

-281

14
physical assets
3.1 administrative departments

-184

-385

-132
3.2 departmental enterprises

127

104

146
4. capital transfers

7,005

13,454

15,313
4.1 to the rest of the world

152

27

2
4.2 to other sectors

6,853

13,427

15,311
5. total expenditure

28,679

61,923

73,173
Receipts
6. net saving

-36,091

-118,560

-131,185
7. consumption of fixed capital

9,585

18,975

19,732
8. capital transferred from the rest of the world

993

1,108

726
9. net borrowings

83,418

137,088

160,358
9.1 domestic

78,344

135,908

160,367
9.2 external

5,074

1,180

-9
10. other liabilities

-29,226

23,312

23,542
11. total receipts

28,679

61,923

73,173
@ provisional estimates
* quick estimates
@@ does not include public services in
quasi-government bodies for
want of details