PRESS
INFORMATION BUREAU
GOVERNMENT
OF INDIA
Dated the
7 Asadha, 1924 Saka
28
June , 2002
REVISED
ESTIMATES OF ANNUAL NATIONAL INCOME, 2001-02
AND
QUARTERLY
ESTIMATES OF GROSS DOMESTIC PRODUCT, 2001-02
The
Central Statistical Organisation (CSO), Ministry of Statistics and Programme
Implementation, has released the revised estimates of national income for the
financial year 2001-02 at constant (1993-94) and current prices. Further, the CSO has also released the
quarterly estimates of Gross Domestic Product (GDP) for the fourth quarter
[Jan-Mar (Q4)] of 2001-02, both at constant (1993-94) and current prices.
I REVISED ANNUAL ESTIMATES FOR THE
YEAR 2001-02
2. The
advance estimates of national income for the year 2001-02 were released on 5th February 2002. These estimates have now been
revised incorporating latest estimates of agricultural production, index of
industrial production and performance
of key sectors like, railways, transport other than railways, communication,
banking and insurance and government expenditure.
3. The
salient features of these estimates are detailed below:
(a)
Estimates at constant (1993-94) prices
Gross Domestic Product
4. GDP at
factor cost at constant (1993-94) prices in the year 2001-02 is now estimated
at Rs. 12,58,231 crore (as against Rs.
12,58,808 crore estimated earlier), showing a growth rate of 5.4 per cent (same
growth rate as estimated earlier) over the Quick Estimates of GDP for the year
2000-01 of Rs. 11,93,922 crore,
released on 31st January
2002.
5. The
sectors which showed growth rates of over 5 per cent are “agriculture,
forestry and fishing” (5.7 per cent, which is the same as estimated earlier), “trade, hotels, transport and
communication” (6.2 per cent as compared to 6.3 per cent earlier), “financing,
insurance, real estate & business services” (7.8 per cent as compared to
7.5 per cent earlier) and “community, social & personal services” (5.9 per
cent as compared to 6.0 per cent earlier).
The sectors “mining & quarrying” (1.8 per cent as compared to 1.4
per cent earlier), “manufacturing” (2.8
per cent as compared to 3.3 per cent earlier), “electricity, gas & water
supply” (4.6 per cent as compared to 5.2 per cent earlier), and “construction
(3.6 per cent as compared to 2.9 per cent earlier), however, recorded low
growth rates during the year.
6. The net
national product (NNP) at factor cost, also known as national income, at
1993-94 prices is now estimated at Rs. 11,04,689 crore (as compared to Rs.
11,01,065 crore estimated earlier), during 2001-02, as against the previous
year’s Quick Estimate of Rs. 10,44,915 crore. In terms of growth rates, the
national income is estimated to rise by 5.7 per cent during 2001-02 in
comparison to the growth rate of 3.7 per cent in 2000-01.
7. The per
capita income in real terms (at 1993-94 prices) during 2001-02 is estimated to
attain a level of Rs. 10653 (as against Rs. 10618 estimated earlier), as
compared to the Quick Estimates for the year 2000-01 of Rs. 10254. The growth rate in per capita income is
estimated at 3.9 per cent during 2001-02, as against the previous year’s
estimate of 1.9 per cent.
(b)
Estimates at current prices
8. GDP at
factor cost at current prices in the year 2001-02 is estimated at Rs. 20,68,810
crore, showing a growth rate of 9.1 per cent over the Quick Estimates of GDP
for the year 2000-01 of Rs. 18,95,843
crore, released on 31st January 2002.
9. The NNP
at factor cost at current prices is now estimated at Rs. 18,39,232 crore during
2001-02, as compared to Rs. 16,79,982 crore during 2000-01 showing a rise of 9.5 per cent.
10. The
per capita income at current prices during 2001-02 is estimated to attain a
level of Rs. 17736 as compared to the Quick Estimates for the year 2000-01 of
Rs. 16487, showing a rise of 7.6 per
cent.
11. Estimates
of gross/net national product, gross/net domestic product and per capita
income, alongwith GDP at factor cost by kind of economic activity, for the
years 1999-2000, 2000-01 and 2001-02, at constant (1993-94) and current prices
are given in Statements 1 to 4.
II QUARTERLY ESTIMATES OF GDP FOR THE
QUARTER JAN-MAR 2001
(a)
Estimates at constant (1993-94) prices
12. The four
quarters of a financial year are denoted by Q1, Q2, Q3 and Q4. GDP at factor cost at constant (1993-94)
prices in Q4 of 2001-02 is estimated at Rs.
3,41,580 crore, as against Rs.
3,21,131 crore in Q4 of 2000-01, showing a growth rate of 6.4 per cent. The
sectors which registered significant growth rates in Q4 of 2001-02 over Q4 of
2000-01 are “agriculture, forestry and fishing” at 7.6 per cent, “electricity,
gas and water supply” at 5.4 per cent, “construction” at 7.5 per cent, “trade,
hotels, transport, and communication” at 7.2 per cent, “financing, insurance,
real estate and business services” at 8.3 per cent and “community, social and
personal services” at 5.6 per cent. The
“mining & quarrying”, and “manufacturing” sectors showed growth rates of
less than 5 per cent.
(b)
Estimates at current prices
13. GDP at
factor cost at current prices in Q4 of 2001-02 is estimated at Rs. 5,61,483
crore, as against Rs. 5,15,315 crore in Q4 of 2000-01, showing
a rise of 9.0 per cent.
14. Estimates of GDP at factor cost by kind of economic
activity for the four quarters of
1999-2000, 2000-01 and 2001-02 at constant (1993-94) and current prices,
alongwith the growth rates, are given in Statements 5 and 6, respectively.
15. The next release of quarterly GDP
estimate for the quarter April-June, 2002 (Q1 of 2002-03) will be on
30.09.2002.
STATEMENT 1: Revised Estimates
of National Income for the year 2001-02
(at1993-94 prices)
Item
|
1999-2000 |
2000-01 (Quick Estimate) |
2001-02 (Revd. Estimate) |
||
|
A. |
ESTIMATES
AT AGGREGATE LEVEL |
|
|
|
|
|
|
1.
NATIONAL PRODUCT (Rs. crore) |
|
|
|
|
|
|
1.1 |
Gross national product (GNP) at factor cost |
1136898 |
1181483 (3.9) |
1249095 (5.7) |
|
|
1.2 |
Net national product (NNP) at factor
cost |
1007743 |
1044915 (3.7) |
1104689 (5.7) |
|
|
2.
DOMESTIC PRODUCT (Rs. crore) |
|
|
|
|
|
|
2.1 |
Gross domestic product (GDP) at
factor cost |
1148500 |
1193922 (4.0) |
1258231 (5.4) |
|
|
2.2 |
Net domestic product (NDP) at factor
cost |
1019345 |
1057354 (3.7) |
1113824 (5.3) |
|
B |
ESTIMATES AT PER CAPITA LEVEL |
|
|
|
|
|
|
|
Population (million) |
1001 |
1019 (1.8) |
1037 (1.8) |
|
|
|
Per capita NNP at factor cost (Rs.) |
10067 |
10254 (1.9) |
10653 (3.9) |
Note: The figures in parentheses
show the percentage change over previous year.
STATEMENT 2: Estimates of GDP at factor cost by
Economic Activity
(at 1993-94 prices)
|
INDUSTRY |
1999-2000 |
2000-01
(Quick Est.) Rs. Crore |
2001-02
(Rev. Est.) |
Percentage
change over previous year 2000-01 2001-02 |
||
|
1. |
agriculture,
forestry & fishing |
289842 |
289194 |
305818 |
-0.2 |
5.7 |
|
2. |
mining
& quarrying |
26908 |
27796 |
28306 |
3.3 |
1.8 |
|
3. |
manufacturing |
192404 |
205220 |
211021 |
6.7 |
2.8 |
|
4. |
electricity, gas & water supply |
28637 |
30406 |
31804 |
6.2 |
4.6 |
|
5. |
construction |
58815 |
62801 |
65079 |
6.8 |
3.6 |
|
6. |
trade,
hotels, transport and communication |
253506 |
266817 |
283369 |
5.3 |
6.2 |
|
7. |
financing, insurance,
real estate & business
services |
145865 |
150051 |
161696 |
2.9 |
7.8 |
|
8. |
community, social
& personal services |
152523 |
161637 |
171137 |
6.0 |
5.9 |
|
|
GDP at factor cost |
1148500 |
1193922 |
1258231 |
4.0 |
5.4 |
STATEMENT 3: Estimates of
National Income for the year 2001-02
(at current prices)
Item
|
1999-2000 |
2000-01 (Quick Estimate) |
2001-02 (Revd. Estimate) |
|
||
|
A. |
ESTIMATES
AT AGGREGATE LEVEL |
|
|
|
|
|
|
|
1.
NATIONAL PRODUCT (Rs. crore) |
|
|
|
|
|
|
|
1.1 |
Gross national product (GNP) at factor cost |
1740207 |
1878429 (7.9) |
2055107 (9.4) |
|
|
|
1.2 |
Net national product (NNP) at factor
cost |
1557781 |
1679982 (7.8) |
1839232 (9.5) |
|
|
|
2.
DOMESTIC PRODUCT (Rs. crore) |
|
|
|
|
|
|
|
2.1 |
Gross domestic product (GDP) at
factor cost |
1755638 |
1895843 (8.0) |
2068810 (9.1) |
|
|
|
2.2 |
Net domestic product (NDP) at factor
cost |
1573212 |
1697396 (7.9) |
1852935 (9.2) |
|
|
B |
ESTIMATES AT PER CAPITA LEVEL |
|
|
|
|
|
|
|
|
Population (million) |
1001 |
1019 (1.8) |
1037 (1.8) |
|
|
|
|
Per capita NNP at factor cost (Rs.) |
15562 |
16487 (5.9) |
17736 (7.6) |
|
Note: The figures in parentheses
show the percentage change over previous year.
STATEMENT 4: Estimates of GDP at factor cost by
Economic Activity
|
INDUSTRY |
1999-2000 |
2000-01
(Quick Est.) (Rev. Est.) |
2001-02
(Rev. Est.) |
Percentage
change over previous year 2000-01 2001-02 |
||
|
1. |
agriculture,
forestry & fishing |
460547 |
471981 |
517350 |
2.5 |
9.6 |
|
2. |
mining
& quarrying |
40520 |
44648 |
47807 |
10.2 |
7.1 |
|
3. |
manufacturing |
266890 |
299753 |
313877 |
12.3 |
4.7 |
|
4. |
electricity, gas & water supply |
43886 |
49526 |
58218 |
12.9 |
17.6 |
|
5. |
construction |
105440 |
116431 |
125014 |
10.4 |
7.4 |
|
6. |
trade,
hotels, transport and communication |
365735 |
399623 |
437364 |
9.3 |
9.4 |
|
7. |
financing, insurance,
real estate & business
services |
220561 |
236645 |
264129 |
7.3 |
11.6 |
|
8. |
community, social
& personal services |
252059 |
277236 |
305050 |
10.0 |
10.0 |
|
|
GDP at factor cost |
1755638 |
1895843 |
2068810 |
8.0 |
9.1 |
(at 1993-94 prices)
industry
|
GDP AT FACTOR COST (Rs. in
crore) |
PERCENTAGE CHANGE OVER
PREVIOUS YEAR |
||||||||||||||||||||||
|
1999-2000 |
2000-01 |
2001-02 |
2000-01 |
2001-02 |
||||||||||||||||||||
|
Q1 |
Q2 |
Q3 |
Q4 |
Q1 |
Q2 |
Q3 |
Q4 |
Q1 |
Q2 |
Q3 |
Q4 |
Q1 |
Q2 |
Q3 |
Q4 |
Q1 |
Q2 |
Q3 |
Q4 |
|
||||
|
1.
agriculture, forestry & fishing |
69546 |
49876 |
94253 |
76167 |
70779 |
51821 |
93455 |
73140 |
71561 |
55066 |
100522 |
78669 |
1.8 |
3.9 |
-0.8 |
-4.0 |
1.1 |
6.3 |
7.6 |
7.6 |
|
|||
|
2.
mining & quarrying |
6271 |
6352 |
6809 |
7476 |
6572 |
6582 |
7099 |
7544 |
6554 |
6627 |
7318 |
7807 |
4.8 |
3.6 |
4.3 |
0.9 |
-0.3 |
0.7 |
3.1 |
3.5 |
|
|||
|
3.
manufacturing |
45979 |
46683 |
48119 |
51622 |
49706 |
49989 |
51542 |
53983 |
51043 |
51291 |
53018 |
55668 |
8.1 |
7.1 |
7.1 |
4.6 |
2.7 |
2.6 |
2.9 |
3.1 |
|
|||
|
4.
electricity, gas & water supply |
6984 |
7190 |
7062 |
7402 |
7481 |
7510 |
7718 |
7697 |
7771 |
7914 |
8008 |
8111 |
7.1 |
4.5 |
9.3 |
4.0 |
3.9 |
5.4 |
3.8 |
5.4 |
|
|||
|
5.
construction |
14084 |
13833 |
14634 |
16264 |
15837 |
15216 |
15681 |
16067 |
15814 |
15622 |
16372 |
17273 |
12.4 |
10.0 |
7.2 |
-1.2 |
-0.2 |
2.7 |
4.4 |
7.5 |
|
|||
|
6.
trade, hotels, transport &
commn. |
58789 |
58444 |
66757 |
69515 |
63535 |
62142 |
69970 |
71169 |
66425 |
66032 |
74587 |
76324 |
8.1 |
6.3 |
4.8 |
2.4 |
4.5 |
6.3 |
6.6 |
7.2 |
|
|||
|
7.
financing, ins., real est. & bus.
services |
34705 |
35112 |
36872 |
39176 |
35977 |
36467 |
37639 |
39968 |
38481 |
39249 |
40677 |
43289 |
3.7 |
3.9 |
2.1 |
2.0 |
7.0 |
7.6 |
8.1 |
8.3 |
|
|||
|
8.
community, social & personal
services |
33331 |
34811 |
35643 |
48738 |
34405 |
38227 |
37442 |
51562 |
36652 |
40284 |
39763 |
54439 |
3.2 |
9.8 |
5.0 |
5.8 |
6.5 |
5.4 |
6.2 |
5.6 |
|
|||
|
GDP at factor cost |
269689 |
252301 |
310150 |
316360 |
284292 |
267954 |
320544 |
321131 |
294300 |
282084 |
340265 |
341580 |
5.4 |
6.2 |
3.4 |
1.5 |
3.5 |
5.3 |
6.2 |
6.4 |
|
|||
industry
|
GDP AT FACTOR COST (Rs. in
crore) |
PERCENTAGE CHANGE OVER
PREVIOUS YEAR |
|||||||||||||||||||||
|
1999-2000 |
2000-01 |
2001-02 |
2000-01 |
2001-02 |
|||||||||||||||||||
|
Q1 |
Q2 |
Q3 |
Q4 |
Q1 |
Q2 |
Q3 |
Q4 |
Q1 |
Q2 |
Q3 |
Q4 |
Q1 |
Q2 |
Q3 |
Q4 |
Q1 |
Q2 |
Q3 |
Q4 |
|
|||
|
1.
agriculture, forestry & fishing |
108363 |
79895 |
151148 |
121141 |
116796 |
84629 |
152339 |
118217 |
120077 |
93073 |
171751 |
132453 |
7.8 |
5.9 |
0.8 |
-2.4 |
2.8 |
10.0 |
12.7 |
12.0 |
|
||
|
2.
mining & quarrying |
10088 |
10213 |
9605 |
10614 |
9869 |
10731 |
11574 |
12474 |
10889 |
11062 |
12507 |
13349 |
-2.2 |
5.1 |
20.5 |
17.5 |
10.3 |
3.1 |
8.1 |
7.0 |
|
||
|
3.
manufacturing |
63215 |
64586 |
67056 |
72033 |
71221 |
72536 |
75922 |
80074 |
75832 |
76465 |
78894 |
82685 |
12.7 |
12.3 |
13.2 |
11.2 |
6.5 |
5.4 |
3.9 |
3.3 |
|
||
|
4.
electricity, gas & water supply |
10531 |
10842 |
10649 |
11865 |
11654 |
11969 |
12704 |
13199 |
13495 |
14164 |
15181 |
15379 |
10.7 |
10.4 |
19.3 |
11.2 |
15.8 |
18.3 |
19.5 |
16.5 |
|
||
|
5.
construction |
24802 |
24648 |
26461 |
29529 |
28674 |
27851 |
29535 |
30371 |
30191 |
30042 |
31620 |
33161 |
15.6 |
13.0 |
11.6 |
2.9 |
5.3 |
7.9 |
7.1 |
9.2 |
|
||
|
6.
trade, hotels, transport &
commn. |
83603 |
84042 |
97144 |
100946 |
93288 |
92169 |
106475 |
107691 |
102368 |
102398 |
115904 |
116696 |
11.6 |
9.7 |
9.6 |
6.7 |
9.7 |
11.1 |
8.9 |
8.4 |
|
||
|
7.
financing, ins., real est. &
bus. services |
51591 |
52808 |
56230 |
59932 |
55516 |
56843 |
60268 |
64019 |
62645 |
64287 |
66783 |
70415 |
7.6 |
7.6 |
7.2 |
6.8 |
12.8 |
13.1 |
10.8 |
10.0 |
|
||
|
8.
community, social & personal
services |
53927 |
57189 |
59586 |
81356 |
57922 |
65035 |
65009 |
89271 |
64375 |
71878 |
71452 |
97345 |
7.4 |
13.7 |
9.1 |
9.7 |
11.1 |
10.5 |
9.9 |
9.0 |
|
||
|
GDP at factor cost |
406121 |
384223 |
477879 |
487415 |
444939 |
421763 |
513825 |
515315 |
479872 |
463369 |
564091 |
561483 |
9.6 |
9.8 |
7.5 |
5.7 |
7.9 |
9.9 |
9.8 |
9.0 |
|
||
Q1: April-June; Q2: July-September; Q3:
October-December; Q4: January-March