Sunday, November 30, 2008

Major Indicators of Indian economic situation

Indian economy on the basis of purchasing power parity in the world's fourth-largest economy.The vast man power base, diversified natural resources and strong economy contribute to the situation significantly. In 1991 India initiated a process of economic reforms in the whole economy expanded liberalization of the policy framework through an investor friendly environment.

The Indian economy's growth and performance through various economic parameters were provided in the context of statistical information For example, gross national product (Gnp), the gross domestic product (GDP), the net national product (NNP), capitation income, gross domestic capital formation (Gdcf) etc. sector of the economy related to various national income are indicators. It indicates the satisfaction of human desires for the productivity of the economy, including a comprehensive scenario offer.

In the industrial sector in the economy, industrial production index measuring industrial activity of the normal level of data is a lone representative. The ultimate level of industrial production and is GDP percent increase.

Measures of money supply in the four major monetary sum, which shows the status of the monetary sector, are as follows: (i) M 1 (narrow money) = + currency terms in public on demand deposits of the public; (ii) 2 = M M 1 + Dackkhane in deposits; (iii) M 3 (macro funds) = 1 + M fixed deposit in banks by the people and (iv) 4 = M + M 3 Dackkhane in total deposits.

Value in the country, the pace of wholesale price index (WPI) and the consumer price index (CPI) is displayed by. WPI purchased in the wholesale market - for goods sold in the average price level is used to measure changes. While the consumer price index for different categories of consumers in retail prices is taken into consideration the pace.  Various social economy - including the four economic groups are consumer price index. These four are price index - consumer price index for industrial workers (CPI - Aidbaljo); consumer price index for agricultural workers (CPI - Ael); consumer price index for rural workers (CPI - Rel); urban and non-manual employees For the consumer price index (CPI).

All such economic performance of the index not only measures the current economy but also analyze and anticipate estimated future growth prospects in their support.

No comments: