Keynesian Multiplier

Key Indicators of Indian Economy 2013

Submitted by: Group 10 Submitted to: Dr. Vikas Prakash Singh

Shakun Takkar

Bhaumik Trivedi

Dhivakaran T

Mayukh Chaudhari

Pranjal kumar

Table of Contents

1. GDP at Factor Cost 3

2. Wholesale Price Index inflation 3

3. Fed fiscal deficit, INR 4

4. Monetary Indicators 5

5. Cumulative industrial output 6

6. Infrastructure output 7

7. Foreign Trade 7

8. Ratio of Savings and Investment to GDP 8

9. Indian Economy in 2013-2014 9

1. GDP at Factor Cost

GDP measures summary value of goods and services generated in a relevant country or region. A region’s gross domestic product, or GDP, is one of the ways for measuring the size of its economy. Recently GDP record 5 per cent, lowest in a decade, on account of poor performance of manufacturing, agriculture and services sector. As evident from below the growth in all these three sectors has dropped substantially from 2010-11 level.

Table 1: Growth Rate of GDP at Factor Cost (at 2004-05 prices) (in %)

2. Wholesale Price Index inflation

The purpose of the WPI is to monitor price movements that reflect supply and demand in industry, manufacturing and construction. This helps in analyzing both macroeconomic and microeconomic conditions.

Wholesale price index (WPI)-based inflation fell to 6.36 per cent in Sep-13, the lowest in the last three years. This is largely because of consecutive fall in inflation of manufactured goods, consumer durables and basic goods from 2010-11.

Table 2: Wholesale Price Index and Inflation (Base: 2004-05=100) (Year on year %)

3. Fed fiscal deficit, INR

The Federal Fiscal Deficit, released by the Controller General of Accounts, is the difference between the amounts the government takes in as revenue against its overall spending. If the reading is negative, it means the Indian accounts are in a surplus, and that should be positive (or bullish) for the Rupee. On the other...