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English Release 27-February 2015
Date Month Year
  • Vice President's Secretariat
  • VICE PRESIDENT RELEASES HINDI TRANSLATION OF BOOKS BY LATE DR. NARENDRA DABHOLKAR
  • Prime Minister's Office
  • Text of PM's reply to the debate on Motion of thanks to President’s Address
  • AYUSH
  • Panchagavya Therapy
  • Election Commission
  • Bye-elections to the Council of States from various States.
  • Min of Agriculture
  • Sowing Area Under Rabi Rice and Summer Pulses And Oilseeds
  • Online Agri Platforms for Sale of Agri Produce
  • Malpractices in Cooperative Societies
  • Decrease in Crops Sowing Area
  • Dependence on Imported Pulses
  • Infrastructure for Online Trading
  • Fertility of Agricultural Land
  • Setting up of Fish Brood Banks
  • Production of Foodgrains and Fruits in Maharashtra
  • Min of Chemicals and Fertilizers
  • Steps Taken to Keep the Prices of P&K Fertilizers at Reasonable Rates
  • No Proposal for Deregulation of Urea
  • Min of Commerce & Industry
  • 'Make in India' Programme
  • Delhi-Mumbai Industrial Corridor
  • Ease of Doing Business Index
  • Ban on Import of Poultry Products from United States
  • Boost to Leather Sector
  • Min of Comm. & Information Technology
  • TRAI issues draft Tariff Order prescribing framework for commercial interoperability of Customer Premises Equipment (CPE) in DTH services, for consultation.
  • TRAI issues a draft Amendment to the Telecommunication Tariff Order, 1999 for revision of tariff regime for national roaming service for comments of the stakeholders.
  • Min of Consumer Affairs, Food & Public Distribution
  • Recommendations for Restructuring of FCI are Under Consideration of the Government
  • National Food Security Act Implemented in Eleven States
  • Steps to Ensure Better Targeting of Food Subsidies
  • 612.91 Lakh Tons of PDS Foodgrains Allocated to the States During Current Year
  • Rs 16,904 Crore Subsidy Released to the States for Procuring Foodgrains for Central Pool
  • Damage in Central Pools Stocks Brought Down to 0.044%
  • Min of Corporate Affairs
  • National Company Law Tribunal
  • Regulation of Salary
  • Contribution to Political Parties
  • Corporate Frauds
  • Competition Commission of India
  • Min of Culture
  • Government accepts the resignation of Shri Mani Shankar Aiyar from the Chairmanship of Coordination Committee of Zonal Cultural Centres (CCZCC)
  • Min of Defence
  • Indian Navy Concludes Its Annual Exercise
  • Participation of States in Republic Day Celebrations
  • Ex-Servicemen Contributory Health Scheme
  • Setting up of Technology Development Board
  • Transportation of Arms and Ammunitions
  • Aircraft and Helicopter Crashes
  • Shortage of Articles in Army
  • Procurement of Arms and Ammunition
  • Production of Defence Equipment
  • Road Projects of BRO
  • Illegal Entry of Foreign Vessels

  • To be Answered on the 27th February, 2015
  • National Cadet Corps
  • Development of Defence Industries
  • Import of Defence Equipment
  • Veterans Commission
  • Export of Defence Products
  • Submarine Construction Project
  • Purchase of Fighter Aircraft
  • Replacement of Avro Fleet
  • Blacklisting of Companies
  • Min of Earth Science
  • Maldivian Minister Calls on the Minister for Science & Technology and Earh Sciences Dr. Harsh Vardhan to Discuss Issues Relating to Regional Integrated Multi-Hazard Early Warning Systems (Rimes)
  • Ministry of Finance
  • Dr. Kshatrapati Shivaji, IAS(MH:86) Appointed as Chairman and Managing Director, Small Industries Development Bank of India(SIDBI) on Deputation Basis for a period of Three Years
  • ED Investigation on Black Money
  • Recommendations made by the Shome Committee/Tax Administration Refroms Commission
  • Rashtriya Swasthya Bima Yojana; Provides Health Insurance to Unorganized Workers Belonging to BPL Category and their Families
  • Cut in Repo Rate
  • Payment of Dividents from Public Sector Banks
  • Improvement in Female Literacy and Educational Challenges
  • Wiping Every Tear from Every Eye: The Jan Dhan Yojana, Aadhaar and Mobile Numbers Provide the Solution
  • Major Reform Initiatives Undertaken by Government in Banking, Insurance and Financial Sector
  • Economic Survey highlights the need for balance between ‘Make in India’ and ‘Skilling India’
  • A Growth Rate of over 8 Per Cent Expected for the Coming Year
  • Government Remains Committed to Fiscal Consolidation; Economic Survey says Enhanced Revenue Generation is a Priority
  • Infrastructure Growth in terms of Eight Core Industries Higher than Industrial Growth since 2011-12
  • India’s National Solar Mission Being Scaled up Five-Fold to 100,000 Megawatts
  • India needs to create additional Fiscal Space: Economic Survey 2014 – 15
  • Economic Survey Recommends Reform of Railway’s Structure, Commercial Practices, Overhaul of Technology
  • Skill Development and Employment are major Challenges: Economic Survey
  • Economic Survey 2014-15 Highlights
  • The Fourteenth Finance Commission (FFC) will enhance Fiscal Federalism in India: Economic Survey 2014-15
  • Government approves a Rs. 200 crore Central Sector Scheme for implementing e-platform for agri-marketing
  • Hyper-Growth in Tech start ups in India, says Economic Survey on Services Sector
  • Services Sector Clocks Double Digit Growth
  • External Sector is returning to the path of strength and resilience: Economic Survey
  • Inflation shows a declining trend during the year 2014-15 (April-December)
  • Foodgrains production for 2014-15 estimated at 257.07 million tonnes; will exceed average food grain production of last five years by 8.5 million tones
  • From Carbon Subsidy to Carbon Tax: India’s Green Actions
  • Food Subsidy Bill stands at Rs. 107823.75 crore during 2014-15 (upto January, 2015), shows an increase of 20% over previous year
  • Create National Common Market in Agricultural Commodities: Economic Survey 2014-15
  • Revive public investment to improve investment climate: Economic Survey 2014 – 15
  • Min of Health and Family Welfare
  • Medical Facilities in Tribal Areas
  • Mission Indradhanush will Provide Immunization Against 7 Life-Threatening Diseases
  • Steps Taken to Reduce IMR and MMR
  • National Deworming Drive Launched in 11 States
  • Healthcare of Elderly People
  • Health Research
  • AIIMS Like Institutions
  • Essential Drugs
  • Stufies for Assessment of Health and Family Welfare
  • Polio Eradication Programmes
  • National Guidelines for Stem Cell Research and Therapy
  • Evaluation of Accredited Social Health Activists (ASHA)
  • Steps Taken for Prevention and Control of Vector-Borne Diseases
  • Min of Home Affairs
  • Rajnath Singh calls for Promotion of Education with Scientific Temper and Skills
  • Min of Law & Justice
  • Press Communique Related to Appointment of Shri Justice Amitava Roy, Chief Justice of the Orissa High Court as the Judge of the Supreme Court
  • Min of Personnel, Public Grievances & Pensions
  • ACC Appointments
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 59.19 per bbl on 26.02.2015
  • Min of Planning
  • The Government to continue the financial assistance to 88 districts for Left Wing Extremism Affected Districts
  • Initiatives to improve the performance in infrastructure sectors
  • Min of Science & Technology
  • National Science Day 2015
  • CSIR Wins International Competition to Set up Wax Deoiling Technology at Numaligarh Refinery of BPCL
  • Min of Women and Child Development
  • 2774 adoptions during April-December, 2014
  • 26.55% reduction in moderately/severely underweight children under ICDS between 2009-10 to 2013-14
  • 887 Lakh rupees released to States/UTs for effective implementation of District Action Plans under BBBP programme
  • An amount of Rs 12727 lakh for Child Care Institutions and Rs 915 lakh for Specialized Adoption Agencies allocated under ICPS during 2014-15
  • Setting up of Special Juvenile Police Units under JJ Act, 2000
  • A sum of Rs. 400 lakhs and a total of 24000 beneficiaries covered under the STEP Scheme till date during 2014-15

Previous Date

 
Ministry of Statistics & Programme Implementation07-February, 2013 11:05 IST
Advance Estimates of National Income, 2012-13

 

 

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has released the advance estimates of national income at constant (2004-05) and current prices, for the financial year 2012-13.

 

2.         These advance estimates are based on anticipated level of agricultural and industrial production, analysis of budget estimates of government expenditure and performance of key sectors like, railways, transport other than railways, communication, banking and insurance, available so far. The advance estimates at current prices are derived by estimating the implicit price deflators (IPDs) at sectoral level from the relevant price indices. The salient features of these estimates are detailed below:

 

I           ADVANCE ESTIMATES OF NATIONAL INCOME, 2012-13

Estimates at Constant (2004-05) Prices

Gross Domestic Product

3.                  Gross Domestic Product (GDP) at factor cost at constant (2004-05) prices in the year 2012-13 is likely to attain a level of Rs.55,03,476 crore, as against the First Revised Estimate of GDP for the year 2011-12 of Rs. 52,43,582 crore, released on 31st January 2013. The growth in GDP during 2012-13 is estimated at 5.0 per cent as compared to the growth rate of 6.2 per cent in 2011-12.

 

4.                  The sectors which registered growth rate of over 5 percent are ‘Construction’, ‘trade, hotels, transport and communication', 'financing, insurance, real estate and business services', and 'community, social and personal services'.  There may be slow growth in the sectors of ‘agriculture, forestry and fishing’ (1.8%), manufacturing (1.9%) and electricity, gas & water supply (4.9%). The growth in the mining and quarrying sector is estimated to be (0.4%).

 

Agriculture

5.         The ‘agriculture, forestry and fishing’ sector is likely to show a growth of 1.8 per cent in its GDP during 2012-13, as against the previous year’s growth rate of 3.6 per cent. According to the information furnished by the Department of Agriculture and Cooperation (DAC), which has been used in compiling the estimate of GDP from agriculture in 2012-13, production of foodgrains is expected to decline by 2.8 per cent as compared to growth of 5.2 per cent in the previous agriculture year. The production of cotton and sugarcane is also expected to decline by 4.0 per cent and 6.5 per cent, respectively, in 2012-13. Among the horticultural crops, production of fruits and vegetables is expected to increase by 3.5 per cent during the year 2012-13 as against 5.1 percent in the previous year.

 

Industry

6.         The manufacturing sector is likely to show a growth of 1.9 per cent in GDP during 2012-13. According to the latest estimates available on the Index of Industrial Production (IIP), the index of manufacturing and electricity registered growth rates of 1.0 per cent and 4.4 per cent, respectively during April-November, 2012-13, as compared to the growth rates of 4.2 per cent and 9.5 per cent in these sectors during April-November, 2011-12. The mining sector is likely to show a growth of 0.4 per cent in 2012-13 as against negative growth of 0.6 per cent during 2011-12. The construction sector is likely to show a growth rate of 5.9 per cent during 2012-13 as against growth of 5.6 per cent in the previous year. The key indicators of construction sector, namely, cement production and steel consumption have registered growth rates of 6.1 per cent and 3.9 per cent, respectively during April-December, 2012-13.

 

Services

7.         The estimated growth in GDP for the trade, hotels, transport and communication sectors during 2012-13 is placed at 5.2 per cent as against growth of 7.0 percent in the previous year. This is mainly on account of decline of 3.4 per cent and 4.8 per cent respectively in passengers and cargo handled in civil aviation and decline of 3.1 per cent in cargo handled at major sea ports during April-November, 2012-13. There has been an increase of 4.3 per cent in stock of telephone connections as on November 2012. The sales of commercial vehicles witnessed an increase of 0.74 per cent per cent in April-December 2012. The sector, 'financing, insurance, real estate and business services', is expected to show a growth rate of 8.6 per cent during 2012-13, on account of 11.1 per cent growth in aggregate deposits and 15.2 per cent growth in bank credit as on December 2012 (against the respective growth rates of 17.2 per cent and 16.0 per cent in the corresponding period of previous year). The growth rate of 'community, social and personal services' during 2012-13 is estimated to be 6.8 per cent.

 

National Income

8.         The net national income (NNI) at factor cost, also known as national income, at 2004-05 prices is likely to be Rs.47,64,819 crore during 2012-13, as against the previous year's First Revised Estimate of Rs. 45,72,075 crore. In terms of growth rates, the national income registered a growth rate of 4.2 per cent in 2012-13 as against the previous year’s growth rate of 6.1 per cent.

 

Per Capita Income

9.         The per capita income in real terms (at 2004-05 prices) during 2012-13 is likely to attain a level of Rs.39,143 as compared to the First Revised Estimate for the year 2011-12 of Rs. 38,037. The growth rate in per capita income is estimated at 2.9 per cent during 2012-13, as against the previous year's estimate of 4.7 per cent.

 

 

Estimates at Current Prices

Gross Domestic Product

10.       GDP at factor cost at current prices in the year 2012-13 is likely to attain a level of Rs. 94,61,979 crore, showing a growth rate of 13.3 per cent over the First Revised Estimate of GDP for the year 2011-12 of Rs. 83,53,495 crore.

 

National Income

11.       The NNI at factor cost at current prices is anticipated to be Rs. 83,68,571 crore during 2012-13, as compared to Rs. 73,99,934 crore during 2011-12, showing a rise of 13.1 per cent.

 

Per Capita Income

12.       The per capita income at current prices during 2012-13 is estimated to be Rs. 68,747 as compared to Rs. 61,564 during 2011-12, showing a rise of 11.7 per cent.

 

II         ESTIMATES OF EXPENDITURES ON GDP, 2012-13

13        Alongwith the Advance Estimates of GDP by economic activity, the CSO is also releasing the Advance Estimates of expenditures of the GDP at current and constant (2004-05) 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 accounts of central government. 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

14.       Private Final Consumption Expenditure (PFCE) at current prices is estimated at Rs. 57,05,857 crore in 2012-13 as against Rs. 50,56,219 crore in 2011-12. At constant (2004-05) prices, the PFCE is estimated at Rs. 34, 72,980 crore in 2012-13 as against Rs. 33,34,900 crore in 2011-12. In terms of GDP at market prices, the rates of PFCE at current and constant (2004-05) prices during 2012-13 are estimated at 56.9 per cent and 59.7 per cent, respectively, as against the corresponding rates of 56.3 per cent and 59.2 per cent, respectively in 2011-12.

 

Government Final Consumption Expenditure

15.       Government Final Consumption Expenditure (GFCE) at current prices is estimated at Rs. 11,86,726 crore in 2012-13 as against Rs 10,42,677 crore in 2011-12. At constant (2004-05) prices, the GFCE is estimated at Rs. 6,60,630 crore in 2012-13 as against Rs. 6,34,559 crore in 2011-12. In terms of GDP at market prices, the rates of GFCE at current and constant (2004-05) prices during 2012-13 are estimated at 11.8 per cent and 11.4 per cent, respectively, as against the corresponding rates of 11.6 per cent and 11.3 per cent, respectively in 2011-12.

 

Gross Fixed Capital Formation

16.       Gross Fixed Capital Formation (GFCF) at current prices is estimated at Rs. 29,93,873 crore in 2012-13 as against Rs. 27,49,072 crore in 2011-12. At constant (2004-05) prices, the GFCF is estimated at Rs. 19,44,279 crore in 2012-13 as against Rs.18,97,309 crore in 2011-12. In terms of GDP at market prices, the rates of GFCF at current and constant (2004-05) prices during 2012-13 are estimated at 29.9 per cent and 33.4 per cent, respectively, as against the corresponding rates of 30.6 per cent and 33.7 per cent, respectively in 2011-12. The rates of Change in Stocks and Valuables at current prices during 2012-13 are estimated at 3.0 per cent and 2.4 per cent, respectively.

 

17.       Estimates of gross/net national product, gross/net domestic product and per capita income, alongwith GDP at factor cost by kind of economic activity and the Expenditures on GDP for the years 2010-11 and 2011-12 and 2012-13, at constant (2004-05) and current prices are given in Statements 1 to 6.

 

 



(Release ID :92062)

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