ECONOMIC SURVEY-2012--- AT A GLANCE

ECONOMIC SURVEY-2012--- AT A GLANCE

Debesh Bhowmik

Economic Survey -2012 has shown the deem picture of Indian Economy.The following are the high lights

[1] The GDP rate is declining

[2] Both agriculture and manufacturing did not show any prospects.

[3] Service sector is growing very fast,especially in trade,transport,finance etc.

[4]Saving and  Investment growth fall.

[5]  Consumption fell ,then marginally improve compared with 2006-07.

[6] Gross fixed capital formation is stagnant compared with 2006-07

[7] FDI equity rose and then fell.

[8] Share market fell

[9] Profit growth rate of Public sector banks fell but improves in case of Private sector banks.

[10] Balance of Payments  is uncontrolled.

         TABLE-1

	Growth rate of GDP	Fiscal deficit % of GDP	Inflation rate CPI % per year	Saving rate % of GDP	Consumption growth rate % per year	Gross fixed capital formation %of GDP	FDI equity flows Bi$
2006-07	9.6	3.3	6.7				5.5
2007-08	9.3	2.5	6.2	34.6	8.7	35.5	12.5
2008-09	6.7	6.0	9.1	36.8	9.2	38.1	24.6
2009-10	8.4	6.5	12.4	32.0	7.1	34.3	27.3
2010-11	8.4	4.8	10.4	33.8	7.21	36.6	25.8
2011-12	6.9	4.6	8.4	32.3	8.2	35.1	19.4

TABLE-2

	Growth rate % per year
	2010	2011	2012
Agriculture and allied	1.0	7.0	2.5
Minning	6.3	5.0	-2.2
Manufacturing	9.7	7.6	3.9
Electricity,gas,water	6.3	3.0	8.3
Construction	7.0	8.0	4.8
Trade and transport	10.3	11.1	11.2
Financial services	9.4	10.4	9.1
Community and social services	12.0	4.5	9.1
Investment growth	11.6	11.1	5.8
Current account deficit%of GDP	2.8	2.7	3.6
BSE sensex	213.5	247.8	176.4
Corporate fund Rs cr	261872	276890	203005
Net profit growth Public sector banks	0.91	0.88	0.85
Net profit growth private sector banks	1.06	1.22	1.34