CURRENT STATISTICS

Economic & Political Weekly EPW may 9, 2015 vol l no 19 79

EPW Research Foundation

Growth in monetary and banking indicators has moderated during the last decade, reflecting a slowdown in economic activity, especially in the second half of the decade ending 2014-15. Money supply growth, which ranged between 16.8% and 21.5% in the first half of the decade decelerated to a range of 11.1%16.3% in the second half. The rate of accretion to aggregate deposits dwindled to between 11.4% and 15.9% from a range of 17.2%24.0%.

Macroeconomic Indicators

Index of Industrial Production Variations (%)

(Base: 200405 = 100) Weights February* Over Year-on-Year Fiscal Year So Far Full Financial Year (Avg AprilMarch) 2015 Month Current Previous 201415 201314 201314 201213 201112 201011 200910General Index 100.0 181.3 -4.1 5.0 -2.0 2.8 -0.1 172.0(-0.1) 172.2(1.1) 170.3(2.9) 165.5(8.2) 152.9(5.3)Mining and Quarrying 14.2 130.7 -4.2 2.5 2.3 1.5 -0.7 124.7(-0.6) 125.5(-2.3) 128.5(-2.0) 131.0(5.2) 124.5(7.9) Manufacturing 75.5 192.9 -3.9 5.2 -3.9 2.2 -0.7 181.9(-0.8) 183.3(1.3) 181.0(3.0) 175.7(9.0) 161.3(4.8) Capital Goods 8.8 255.9 -5.5 8.8 -17.6 6.0 -2.6 242.6(-3.6) 251.6(-6.0) 267.8(-4.0) 278.9(14.8) 243.0(1.0) Consumer Durables 8.5 252.3 2.1 -3.4 -9.8 -13.3 -12.3 264.2(-12.2) 301.1(2.0) 295.1(2.6) 287.7(14.2) 252.0(17.0)Electricity 10.3 166.0 -6.1 5.9 11.5 9.0 6.2 164.7(6.1) 155.2(4.0) 149.3(8.2) 138.0(5.6) 130.8(6.1)* Indices for the month are Quick Estimates. Variations (%): Point-to-PointCost of Living Indices Latest Over Full Fiscal Year Weights Month Month 201415 201314 201213 201112 201011 200910 200809 2007-08 2006-07Industrial Workers (IW) (2001=100) 100.0 2543 0.4 6.3 6.7 11.4 8.6 8.8 14.9 8.0 7.9 6.7Agricultural Labourers (AL) (198687=100) 100.0 8033 0.0 5.2 8.4 12.6 6.8 9.1 15.8 9.5 7.9 9.5Consumer Price Indices (CPI): (Base: 2012=100)* Combined General Index (All Groups) 100.0 1203 0.3 5.2 8.3 10.4 9.4 Food Price Index 39.1 1233 0.2 6.2 8.3 12.0 8.3 Miscellaneous 28.3 1153 0.4 3.0 7.3 7.4 8.2 Rural 1213 0.3 5.6 8.9 10.5 8.7 Urban 1193 0.3 4.7 7.9 10.4 10.3 * The CSO, Ministry of Statistics and Programme Implementation revised CPI base year from 2010=100 to 2012=100 and disseminate data for all-India and states/UTs separately for rural, urban and combined with effect from January 2015.Note: Superscript numeral 3 denotes March 2015.

Index Numbers of Wholesale Prices in India

(Base: 200405 = 100) Weights March* Over Full Financial Year 2015 Month 2014-15 2013-14 201213 201112 201011 200910 200809 200708 200607All Commodities 100.0 176.1 0.2 -2.3 6.0 5.7 7.7 9.7 10.4 1.6 7.7 6.7Primary Articles 20.1 239.6 -1.0 0.1 7.3 7.4 10.4 13.4 22.2 5.4 9.6 12.8 Food Articles 14.3 249.4 -0.4 6.3 9.6 8.6 10.1 9.4 20.6 8.0 5.6 13.2 Non-Food Articles 4.3 202.2 -1.8 -7.1 4.9 9.3 -0.8 27.3 20.4 0.6 16.3 10.6 Minerals 1.5 252.1 -3.7 -27.0 -1.8 -2.0 34.5 15.2 37.9 -2.8 28.2 13.8Fuel and Power 14.9 187.3 3.3 -12.6 11.8 7.8 12.8 12.5 13.8 -3.4 7.4 1.1Manufactured Products 65.0 153.9 -0.1 -0.2 3.7 4.3 5.2 7.4 5.3 1.7 7.1 6.3Food Products 10.0 170.1 -0.4 0.6 2.1 7.5 6.2 2.4 15.1 6.3 8.4 4.3Food Index (computed) 24.3 216.9 -0.4 4.4 7.0 8.2 8.7 6.8 18.5 7.3 6.7 9.6All Commodities (Monthly average basis) 100.0 181.2 2.0 6.0 7.4 8.9 9.6 3.8 8.1 4.7 6.6* Figures for the latest two months are provisional.

Variation Money and Banking (Rs crore) Over Month Year-on-Year Fiscal Year So Far Full Fiscal Year 2015 201516 201415 201415 201314 201213Money Supply (M3) (17 April) 10753090 187100(1.8) 1065600(11.0) 177420(1.7) 170100(1.8) 1058280(11.1) 1127570(13.4) 1024980(13.9) Currency with Public 1431830 45140(3.3) 140900(10.9) 44840(3.2) 45110(3.6) 141170(11.3) 104760(9.2) 118420(11.6) Deposit Money with Banks 9311730 141950(1.5) 917510(10.9) 137630(1.5) 124610(1.5) 904490(10.9) 1024100(14.1) 906140(14.3) of which: Demand Deposits 897770 -1150(-0.1) 70420(8.5) 1420(0.2) 15370(1.9) 84370(10.4) 58760(7.8) 42240(5.9) Time Deposits 8413960 143100(1.7) 847090(11.2) 136210(1.6) 109240(1.5) 820120(11.0) 965340(14.9) 863900(15.3) Net Bank Credit to Government 3170690 166260(5.5) 115620(3.8) 155570(5.2) 10200(0.3) 29750(-1.0) 335850(12.4) 337320(14.2) Bank Credit to Commercial Sector 7087500 51710(0.7) 618700(9.6) 31690(0.4) 23500(0.4) 610510(9.5) 777440(13.7) 709420(14.3) Net Foreign Exchange Assets 2204510 -1880(-0.1) 241480(12.3) 2400(0.1) 39080(2.0) 278160(14.5) 287290(17.6) 92880(6.0) Banking Sectors Net Non-Monetary Liabilities 1729050 29690(1.7) -87830(-4.8) 12250(0.7) -97190(-5.1) -197270(-10.3) 275010(16.8) 116530(7.7) of which: RBIs 799600 2920(0.4) -62920(-7.3) 5440(0.7) 19200(2.3) -49160(-5.8) 150820(21.8) 88650(14.7)Reserve Money (24 April) 1898870 62510(3.4) 201410(11.9) -29600(-1.5) -35280(-2.0) 195730(11.3) 217850(14.4) 88540(6.2) Net RBI Credit to Centre 434570 56090(-) -207130(-) 66020(-) -55940(-) -329090 107140 56080Scheduled Commercial Banks (17 April) Aggregate Deposits 8720320 134680(1.6) 891820(11.4) 134680(1.6) 122940(1.6) 880080(11.4) 955110(14.1) 841360(14.2) Demand 804150 740(0.1) 72860(10.0) 740(0.1) 17370(2.4) 89490(12.5) 51620(7.8) 36970(5.9) Time 7916170 133940(1.7) 818970(11.5) 133940(1.7) 105560(1.5) 790590(11.3) 903480(14.8) 804400(15.2) Investments (for SLR purposes) 2578430 73190(2.9) 316060(14.0) 73200(2.9) 49560(2.2) 292420(13.2) 206710(10.3) 268320(15.4) Bank Credit 6603920 39240(0.6) 590880(9.8) 39240(0.6) 18950(0.3) 570590(9.5) 733630(13.9) 648610(14.1) Non-Food Credit 6516790 46530(0.7) 596440(10.1) 46540(0.7) 24730(0.4) 574630(9.7) 731580(14.2) 633490(14.0)

Capital Market Fiscal Year So Far 201415 End of Fiscal Year

30 April 2015 Month Ago Year Ago Trough Peak Trough Peak 201415 201314 201213S&P BSE SENSEX (Base:197879=100) 27011(20.5) 27976 22418(14.9) 27011 29044 22277 29682 27957(24.9) 22386(18.8) 18836(8.2)S&P BSE-100 (Base: 198384=100) 8322(23.9) 8610 6715(13.0) 8322 8980 6680 9107 8607(28.3) 6707(18.1) 5679(-38.0)S&P BSE-200 (198990=100) 3425(27.4) 3537 2688(12.5) 3416 3691 2678 3723 3538(31.9) 2681(17.2) 2288(6.0)CNX Nifty (Base: 3 Nov 1995=1000) 8182(22.2) 8492 6696(12.9) 8182 8834 6653 8996 8491(26.7) 6704(18.0) 5683(7.3)Net FII Investment in Equities (US $ Million)* 169986(12.3) 168072 151340(10.2) 168116(12.3) 149745(9.9) 136304(23.4)* Cumulative total since November 1992 untill period end.

Foreign Trade March* Full Fiscal Year

2015 201415 201314 201213 201112 201011 200910 200809 200708 200607Exports: Rs crore 149575 1897026(-0.4) 1905011(16.6) 1634319(11.5) 1465959(28.3) 1142922(35.2) 845534(0.6) 840754(28.2) 655863(14.7) 571779(25.3) US $ mn 23951 310534(-1.2) 314416 (4.7) 300401(-1.8) 305964(21.8) 251136(40.5) 178751(-3.5) 185295(13.6) 163132(29.0) 126361(22.6)Imports: Rs crore 223225 2734049(0.7) 2715434(1.7) 2669162(13.8) 2345463(39.3) 1683467(23.4) 1363736(-0.8) 1374434(35.8) 1012312(20.4) 840506(27.3) US $ mn 35745 447548(-0.6) 450214 (-8.3) 490737(0.3) 489320(32.3) 369769(28.2) 288373(-5.0) 303696(20.7) 251654(35.5) 185749(24.5) Non-POL US $ mn 28331 309287(8.4) 285443 (-12.6) 326696(-2.3) 334352(26.7) 263805(31.1) 201237(-4.2) 210029(22.2) 171940(33.5) 128790(22.4)Balance of Trade: Rs crore -73650 -837023 -810422.81 -1034843 (879504) -540545 -518202 -533680 -356449 -268727 US $ mn -11794 -137014 -135797.9 -190336 -183356 -118633 -109621 -118401 -88522 -59388* Provisional figures.Trade balance in services amounts to $6203 (Rs 38481.92 cr) in February 201415.

Foreign Exchange Reserves (excluding Variation Over

gold but including revaluation effects) 24 April 25 April 31 March Fiscal Year So Far Full Fiscal Year 2015 2014 2015 Month Ago Year Ago 201516 201415 201415 201314 201213 201112 201011Rs crore 2053630 1751030 2010400 49420 302600 43230 63290 322660 251570 82800 108086 73038US $ mn 324269 286507 321309 4026 37763 2961 5684 40486 16769 -485 -14361 19208Figures in brackets are percentage variations over the specified or over the comparable period of the previous year. () not relevant. -: not available.[Comprehensive current economic statistics with regular weekly updates are available on our website: http://www.epwrf.in]. For time series data in Excel format visit http://www.epwrf.res.in/currentstat.aspx