India Now - page 10

8
APRIL-MAY 2015
|
Oct-13
Jul-13
Apr-13
Jan-13
Apr-12
Jan-12
Oct-11
Jul-11
Apr-11
Jul-12
INDIA
WATCH
Area
Population
Male
Female
Population Density
Urban Population
3,287,263 sq km
1.28 billion 663million
621 million
421.4 per sq km
390.216million
Key performance
indicators
of the
Indian economy
with patterns,
trends and forecasts
Forecasters expect real Gross
Value Added at basic price (GVA) to
increase by 7.5 per cent in 2014-
15. Agriculture & allied activities
and services are expected to grow
by 1.1 per cent and 10.6 per cent,
respectively. Industry growth forecast
has been placed at 5.9 per cent.
Forecasts relate to the new series of
GDP with base 2011-12, released
by the Central Statistics Office,
Government of India. Accordingly, the
same has been incorporated from the
current round of the survey.
Mean Probability Pattern of Growth Forecast
Source: RBI survey of professional forecasters, 33rd Round
2014-15
2015-16
0.5
0.6
0.4
0.3
0.2
0.1
0.0
Probability
Growth Forecast Range (%)
6.5 to 6.9
7.0 to 7.4
7.5 to 7.9
8.0 to 8.4
6.0 to 6.4
Chart 1:
Year-on-Year Growth in IIP
Source: ICRA Analysis
Jan-14
Jan-15
Apr-14
Oct-14
Jul-14
12%
8%
4%
0%
-4%
-8%
Chart 2:
Year-on-Year Growth in Sectoral Indices
Source: ICRA Analysis
20%
16%
12%
8%
4%
0%
-4%
-8%
-12%
Mining
Manufacturing
Electricity
India’s Economic Outlook Projection
Source: RBI
Jul-11
Apr-11
Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
8.5 to 8.9
Fiscal year
2011-12
(A)
2012-13
(A)
2013-14
(R)
2014-15
2015-16
GDP growth
6.2% 5% 4.7% 5.5%
(P)
6.5%
(P)
CPI
8.87% 9.5% 8.45% 8.3%
(Q4)(E)
6.6%
(Q1)(E)
A- Actual
R- Revised
E-Estimated
P- Projected
1,2,3,4,5,6,7,8,9 11,12,13,14,15,16,17,18,19,20,...62
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