विज्ञप्तियां उर्दू विज्ञप्तियां फोटो निमंत्रण लेख प्रत्यायन फीडबैक विज्ञप्तियां मंगाएं Search उन्नत खोज
RSS RSS
Quick Search
home Home
Releases Urdu Releases Photos Invitations Features Accreditation Feedback Subscribe Releases Advance Search
home  Printer friendly Page home  Email this page
English Release 22-December 2014
Date Month Year
  • President's Secretariat
  • President of India’s message on the eve of National Day of Japan
  • Min of Agriculture
  • Year end Review for the Ministry of Agriculture for the Year 2014-15
  • Min of Chemicals and Fertilizers
  • Revival of Fertilisers and Chemicals Travancore Limited (FACT)
  • Gujarat Chief Minister Mrs Anandiben Patel Discusses Various Projects Relating to the State in the Ministry with Chemicals & Fertilizer Minister Shri Ananth Kumar
  • Min of Civil Aviation
  • Airports Improve in Service Quality
  • Waiting Time within OMDA Standards at Domestic Terminals of IGI Airport
  • Non-aeronautical Revenue of AAI increases
  • Min of Coal
  • Dependent on Coal Mines of end use Projects
  • Auction of Coal Blocks for Power Sector
  • Guidelines for E-Auction of Coal
  • Auction of Coal Blocks
  • Min of Culture
  • Panoramic Imagery of monuments
  • Ticketed Monuments of ASI
  • Funds to Zonal Cultural Centres
  • Min of Defence
  • In Furtherance of the Democratic Process - Employment of IAF Helicopters During Assembly Elections in Jharkhand and J&K
  • Ministry of Finance
  • Auction for Sale (Re-Issue) of Government Stock

  • Most of the States to benefit from GST from day one; Provisions have been Made in the Constitution Amendment Bill on GST to Ensure that none of the States Lose any Revenue after the Implementation of the GST: FM
  • Min of Health and Family Welfare
  • Shri J P Nadda directs central team to visit Chandigarh to support the UT in managing Avian Flu
  • Statement by Shri Jagat Prakash Nadda, Minister of Health & Family Welfare on 22nd December, 2014 in Lok Sabha in response to the call attention motion regarding the situation arising out of spread of “Encephalitis’’ in Uttar Pradesh and other parts of the country and steps taken by the Government in this regard
  • Min of Human Resource Development
  • E-Education Through Broadband Facility
  • ‘Teaching of Science’- A Component of National Curriculum Framework - 2005
  • Higher Education for Person with Special Needs (HEPSN)
  • Min of Labour & Employment
  • Unemployed due to Closure of Industries
  • Registered Unorganised Sector Workers
  • Min of Micro,Small & Medium Enterprises
  • Prime Minister’s Task Force on MSME
  • Performance of MSME Sector
  • Marketing Assistance Scheme under MSME
  • KVIC Schemes
  • Industrial Clusters under SFURTI
  • Workshed Scheme for Khadi Artisans
  • Min of Mines
  • Mining Lease in Tribal Areas
  • Allocation of Bauxite Mines
  • Min of Petroleum & Natural Gas
  • Review of DBTL in Uttar Pradesh through Video Conferencing
  • Demand and Supply of Natural Gas
  • CSR by OMCs
  • Deregulation of Diesel and Natural Gas Pricing
  • Global crude oil price of Indian Basket was US$ 56.91 per bbl on 19.12.2014
  • Min of Power
  • Commissioning of Power Projects
  • Separate Feeders for Farm and Nonfarm Users in Rural Areas
  • Advisory Group for Integrated Development of Power, Coal, and Renewable Energy Submits its Report
  • Ministry of Railways
  • Railway Minister Directs for Formulation of Integrated Policy on Cleanliness
  • Railways Constitutes Task force for Leveraging of Idle Space on Railways to Generate Additional Revenue
  • Railways Vacant Land to be Utilized for Commercial Development Through RLDA
  • Indian Railways Run 1158 Superfast Trains
  • Measures Taken to Strngthen Security on Railways
  • Guidelines for Rauilway Coolies
  • Indian Railways’ Initiatives to Encourage Foreign Investors for Making Investment Under ‘Make In India’ Programme
  • Min of Road Transport & Highways
  • Pilot Projects Launched for Emergency Care of Road Accident Victims
  • Government Approves Scheme for I&C Centres for Motor Vehicles
  • Training for Drivers of Unorganised Sector
  • Min of Science & Technology
  • Understanding Innovation: Indian National Innovation Report by DST
  • Min of Shipping
  • MoU for Commercially Viable Stretches of National Waterway-5
  • No Case of Dumping Hazardous Waste by Ship-breaking
  • Government Takes Initiatives To Increase Coastal Movement of Cargo
  • Min of Steel
  • Health and Safety Records in Steel Sector
  • Mining by Steel PSUS in Foreign Countries
  • Joint Venture in Steel Industry
  • Ministry of Tourism
  • Study to assess impact of International Media Campaign of Ministry of Tourism
  • Central Financial assistance for damage to tourist facilities in Odisha and Andhra Pradesh by Cyclone Hudhud
  • Min of Tribal Affairs
  • Literacy Among Tribals
  • Development Schemes for Tribals
  • Rights of Tribals
  • Min of Women and Child Development
  • The Indian Region Seminar of Commonwealth Women Parliamentarians highlights need for greater safety of women and empowerment at grassroots level
  • Consultative Committee of Women & Child Development Ministry meets to discuss Beti Bachao Beti Padhao scheme

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)

Web Ratana This site is winner of Platinum Icon for 'Outstanding Web Content' Web Ratna Award'09 presented in April 2010
Site is designed and hosted by National Informatics Centre (NIC),Information is provided and updated by Press Information Bureau
"A" - Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi - 110 001 Phone 23389338
Go Top Top

उपयोग संबंधी शर्तें स्वोत्वाधिकार नीति गोपनीयता संबंधी नीति हाइपरलिंकिंग नीति Terms of Use Copyright Policy Privacy Policy Hyperlinking Policy