Economic Reforms Project

Preview:

Citation preview

7-8 %

(first 40 years)

5 % (since late 90s)

+ -

INDICATORS1989-

901994-

951999-

002000-

012001-

022002-

03Growth of GDP (%) 5.6 6.3 6.1 4.4 5.6 4.4GDP Growth by Sectors:Agriculture & Allied 2.7 4.9 0.3 -0.4 5.7 -3.1Industry (manufacturing) 6.7 8.3 4 7.3 3.4 6.1Services 6.7 6 10.1 5.6 6.8 7.1Current Account Balance as % of GDP NA -3.1 -1.1 -0.5 -0.5 NAForeign Exchange Reserves (US$ Bn) 3.37 19.65 35.06 39.55 51.05 69.89Rate of growth of:Exports as % of GDP 6.4 9.6 9.1 10.4 9.9 NAImports as % of GDP 9.3 10.5 12.4 11.8 11.6 NA

Source: Ministry of Finance, Government of India, Economic Survey.

Year

Per Capita Income (at 1993-94

prices)RsPoverty

(%)Literacy

(%)

Life Expectancy

(years)Power

Capacity1951 3687 45 18 32 13621961 4429 45 28 41 46531971 5002 52 34 46 147091981 5352 43 44 50 302141991 7321 35 52 59 640002001 10308 26 65 65 102000

Source: Ministry of Finance, Government of India, Economic Survey.

Quality of Assets

Extent of Competition (Percentage share in Total Bank Assets)

Net NPL/Assets

Foreign Banks

Private Sector Banks

Public Sector Banks

1996-97 3.3 7.9 7.7 84.42000-01 2.5 7.9 12.6 79.52002-03 1.8 6.9 17.5 75.72003-04 1.2 6.9 18.6 74.52004-05 0.9 6.5 18.2 75.32005-06 0.7 7.2 20.4 72.3

Source: www.rbi.org

GDP per capita

income (PPP US$ 2003

Life Expectancy

at birth(years)

Rate % (15 and above)

Infant mortalit

y (per 1000

births)

Access to clean

water (% of

population)2002

Improved sanitation(

% of population)

2002

1USA 37,562 77.4- 7 100 1002UK 27,147 78.4- 5- -7China 5,003 71.6 90.9 30 44 778India 2,892 63.3 61.6 63 30 86

9Bangladesh 1,770 62.8 41.1 46 48 75

10Pakistan 2,097 63 48.7 81 54 9011Sri Lanka 3,778 74 90.4 13 91 78

Sources: (1) Human Development Report, 2005(2) World Development Indicators, World Bank