Economic Survey 2003-04 Last Update On Wednesday, July 07, 2004

General Review

Macroeconomic Overview 
Consumption, savings and investment
Production
Employment and poverty
Issues and Priorities

Public Finance

Introduction
Central Government finances 2002-2003
Budgetary developments in 2003-04
Post budget announcements 2003-04
Fiscal outcome 2003-04
Interim Budget 2004-05
Fiscal Responsibility and Budget Management Act, 2003
Pension reforms
Finances of State Governments
Consolidated General Government
Outlook

Monetary and Banking Developments

Introduction
Monetary trends and developments
Monetary and credit policy
Banking policy and trends
Bank credit
Rural infrastructure development fund (RIDF)
Non-Banking financial companies (NBFCs)
All India financial institutions (AIFIs)
Outlook

Securities Markets

Introduction
Equity Market
Debt Market
Commodity Futures Markets
Classes of Investors
Institutional Investors
Conclusion

Prices and Food Management

Introduction
Inflation
Developments during 2003-04
Movement in Consumer Price Index
Commodities profiles : Sugar and edible oils
Service Price Index
Food management
Production of foodgrains
Procurement of foodgrains
Minimum Support Price
Buffer Stocks 
Offtake
Policy concerns
Outlook

External Sector

Introduction
Balance of payments
Invisible account
Merchandise trade
Composition of trade
Direction of trade
World Trade Organisation (WTO) related issues
Capital account
Foreign Investment
Foreign Direct Investment(FDI)
Portfolio Investment
External Commercial Borrowings
Non-resident deposits
Foreign Exchange Reserves
Exchange rate movements
External Debt
Outlook

Industry

Introduction
Overview
Highlights of some Industries
Policies for Efficiency & Productivity
Industrial Investment Activities
Foreign Direct Investment
Resolution of Failure
Competition Policy
Privatisation
Industrial Relations
Small Scale Industries
Environmental issues
Outlook

Agriculture

Introduction
Monsoon - 2003
Reservoir storage status
Corp prospects - 2003-04
Growth in agriculture
Plantation crops
Horticulture
Livestock and fisheries
Irrigation
Agricultural credit
Seeds
Agricultural Insurance
Fertilizer
Agricultural mechanisation
Capital formation in Indian agriculture
Agri-exports
Agri-imports
Agricultural marketing
Outlook

Infrastructure

Introduction
Power
Telecommunications
Posts
Road and Road Transport
Ports
Civil Aviation
Railways
Urban Infrastructure
Implementation of Central sector projects
Investment in Infrastructure
Conclusion

Social Sectors

Introduction
Poverty
Poverty alleviation programmes
Labour and employment
Women in the workforce
Child labourEducation
Health
Population and Family Welfare
Rural water supply and sanitation
Urban water supply and sanitation
Development of Women and Children
Empowerment of socially disadvantaged
Outlook

Statistical Tables

0.1   Selected Indicators: 1950-51 to 2003-04

1. National Income and Production

  1.1  Gross National Product and Net National Product
  1.2  Annual Growth Rate of Gross National Product and Net National Product
  1.3  Gross Domestic Product at Factor Cost by Industry of Origin (At 1993-94 Prices)
  1.4  Gross Domestic Savings and Gross Domestic Capital Formation (At Current Prices)
  1.5  Gross Domestic Savings and Gross Domestic Capital Formation (As per cent of GDP at
        Current Market Prices)

  1.6  Annual Growth Rates of Real Gross Domestic Product at Factor Cost by Industry of Origin
        (At 1993-94 Prices)

  1.7  Net State Domestic Product at Current Prices (New Series)
1.8  Per Capita Net State Domestic Product at Current Prices (New Series)
1.9  Index Numbers of Agricultural Production
1.10  Index Numbers of Area under Principal Crops
1.11  Index Numbers of Yield of Principal Crops
1.12  Production of Major Crops
1.13  Gross Area Under Major Crops
1.14  Yield per Hectare of Major Crops
1.15  Three largest producing States of important crops during 2000-2001
1.16  Irrigated Area Under Different Crops
1.17  Net Availability of Cereals and Pulses
1.18  Net Availability, Procurement and Public Distribution of Foodgrains
1.19  Per Capita Availability of Certain Important Articles of Consumption
1.20  Production, Imports and Consumption of Fertilizers
1.21  Production of Major LiveStock Products and Fish
1.22  Production of Coal and Liqnite
1.23  Production of Fabrics
1.24  Progress of Electricity Supply (Utilities & Non-Utilities)
          (A) :   Installed Plant Capacity
          (B) :   Energy Generated (Gross)
1.25  Pattern of Electricity Consumption (Utilities)
1.26  Operations of Indian Railways
1.27  Revenue-Earning Goods Traffic on Indian Railways
          (A) :   Traffic Originating
          (B) :  Goods Carried
1.28  Operations of Road Transport
1.29  Growth of Civil Aviation
1.30  Commodity Balance of Petroleum and Petroleum Products
1.31  Production of Selected Industries
1.32  Index of Industrial Production

2. Budgetary Transactions

  2.1  Gross Capital Formation from Budgetary Resources of the Central Government
  2.2  Budgetary Transactions of the Central and State Governments and Union Territories
  2.3  Total Expenditure of the Central Government
  2.4  Plan Outlay by Heads of Development: Centre, States and Union Territories, 1961-80
  2.5  Sixth Plan Outlay by Heads of Development: Centre, States and Union Territories, 1980-85
  2.6  Plan Outlay by Heads of Developement: Centre, States and Union Territories, 1985-92
  2.7  Eighth Plan Outlay by Heads of Development: Centre, States and Union Territories, 1992-97
  2.8  Eighth Plan Outlay by Heads of Development: Centre, States and Union Territories, 1992-97
        (Percentage Distribution)

  2.9   Ninth Plan Outlay by Heads of Development: Centre, States and Union Territories, 1997-98
        to 2001-02

2.10  Tenth Plan Outlay by Heads of Development: Centre, States and Union Territories, 2002-07
        and Annual Plan 2002-03 and 2003-04

2.11   Financing for Central and State Annual Plans, 2002-03 and 2003-2004
2.12  Overall Financing Pattern of the Public Sector Outlay During the Ninth Plan : 1997-2002
2.13   Overall Financing Pattern of the Public Sector Outlay During the Tenth Plan : 2002-2007
2.14  Financial Performance of Indian Railways
2.15  Financial Performance of the Department of Posts
2.16  Financial Performance of the Department of Telecommunications

3. Employment

  3.1  Employment in the Public Sector by Industry
  3.2  Employment in the Private Sector by Industry
  3.3  Estimates of Employment in Organised Public and Private Sectors
  3.4  Per Capita Emoluments of Public Sector Employees in relation to increase in Average
        All-India Consumer Price Index(1960=100)

4. Monetary Trends

  4.1  Sources of Change in Money Stock (M3)
  4.2  Scheduled Commercial Banks: Seasonal Flow of Funds
  4.3  Scheduled Commercial Banks: Variations in Selected Items
  4.4  Scheduled Commercial Banks' Outstanding Advances Against Sensitive Commodities
  4.5  Branch Expansion of Public Sector Banks and Other Commercial Banks
  4.6  Advances to Agriculture and other Priority Sectors by Public Sector Banks
  4.7  State-wise Distribution of Bank Offices, Aggregate Deposits and Total Credit of Public
        Sector Banks and Percentage Share of Advances to Priority Sectors

  4.8  Financial Assistance Sanctioned and Disbursed by All India Financial Institutions

5. Prices

  5.1  Index Numbers of Wholesale Prices
  5.2  Index Numbers of Wholesale Prices - Selected Commodities and Commodity Groups
  5.3  All India Comsumer Price Index Numbers
  5.4  Index Numbers of Wholesale Prices - Relative Prices of Manufactured and
        Agricultural Products

  5.5  Minimum Support Price/Procurement Price for Crops (Crop year basis)

6. Balance of Payments

  6.1  Foreign Exchange Reserves (A and B)
  6.2  Balance of Payments
  6.3  Balance of Payments-Invisibles on Current Account (A and B)
  6.4  Balance of Payments-Selected Items of Capital Account (A and B)
  6.5  Exchange Rate of Rupee vis-a-vis Selected Currencies of the World
  6.6  Trends in Nominal and Real Effective Exchange Rates of Rupee

7. Foreign Trade

  7.1  Exports, Imports and Trade Balance (A and B)
  7.2  Principal Imports & Share and Percentage Change of Major Imports
  7.3  Principal Exports & Share and Percentage Change of Major Exports
  7.4  Direction of Trade (A and B)
  7.5  India's Share in World Exports by Commodity Divisions and Groups
  7.6  Index Numbers of Foreign Trade

8. External Assistance

  8.1  Overall External Assistance (A and B)
  8.2  Authorisation of External Assistance by Source (A and B)
  8.3  Utilization of External Assistance by Source (A and B)
  8.4  India's External Debt Outstanding (A and B)

9. Human Development Indicators

  9.1  Selected Indicators of Human Development for Major States
  9.2  Gross Enrolment Ratio in Classes I-V and VI-VIII and I-VIII
  9.3  Total Number of Recognised Educational Institutions  in India
  9.4  State-wise Literacy Rates (1951-2001)
  9.5  State-wise Infant Mortality Rate
  9.6  Access to Safe Drinking Water in Households in India
  9.7  Population of India (1951-2001)