**Executive Summary**
This document provides a national summary of economic and financial data, updated periodically. It presents preliminary data for various sectors, including Real, Fiscal, Financial, and External, with specific updates for March 2, 2026. Key data points include National Accounts, Industrial Production, Inflation, Employment, Government Operations, Monetary Aggregates, Balance of Payments, and International Investment Position.
**Key Points / Main Content**
**Real Sector**
* **National Accounts:** Gross Value Added (GVA) at current and constant prices show increases across Agriculture, Industries, and Services sectors. Implicit price index for GVA also shows a slight increase.
* **Production Index (Index of Industrial Production):** The General Index, along with Mining, Manufacturing, and Electricity, has shown positive growth. Use-Based Classifications for Capital Goods, Intermediate Goods, Consumer Durables, and Consumer Non-durables also indicate increases.
* **Consumer Price Index (CPI):** CPI for Industrial Workers, Rural Labourers, Rural, Urban, and Combined sectors have all shown increases.
* **Labour Market: Employment:** Worker Population Ratio and Labour Force Participation Rate for individuals aged 15 and above have increased.
* **Labour Market: Unemployment:** The Unemployment Rate for individuals aged 15 and above remains stable.
* **Labour Market: Wage/Earnings:** Average wage and salary earnings for regular wage/salaried employees show an increase.
* **Wholesale Price Index (WPI):** The WPI has shown a slight increase.
**Fiscal Sector**
* **General Government Operations:** Total Disbursements and Total Receipts have increased, leading to a slight decrease in the Gross Fiscal Deficit. Financing of the deficit is primarily through domestic sources.
* **Central Government Operations:** Revenue Receipts, Tax Revenue (net), Non-Tax Revenue, and Non-Debt Capital Receipts have all shown significant increases. Revenue Expenditure and Capital Expenditure have also increased, resulting in a decrease in the overall fiscal deficit and primary deficit.
* **Central Government Debt:** Public Debt, External Debt, Internal Debt, and Other Liabilities have shown increases. The Total Debt has also increased. Guaranteed debt figures show a slight increase.
**Financial Sector**
* **Analytical Accounts of the Banking Sector:** Broad Money (M3), Domestic credit to General Government, Other Domestic Credit, and Net Foreign Exchange Assets of the Banking Sector have all increased.
* **Analytical Accounts of the Central Bank - Reserve Bank of India[RBI]:** Reserve Money, Net RBI Credit to General Government, RBI Credit to Commercial Sector, and Net Foreign Exchange Assets of RBI have shown changes.
* **Interest Rates:** Bank Rate and MCLR (1-Year) have shown decreases. Treasury Bill Rates have also decreased.
* **Stock Market:** Bombay Stock Exchange (Sensex) and National Stock Exchange (Nifty) have shown significant increases.
**External Sector**
* **Balance of Payments:** Current Account shows a decrease in deficit, with positive growth in Services net and Transfers net, but an increase in deficit for Income net. Capital Account shows a significant decrease in Foreign Investment, with decreases in Loans, Banking Capital, and Other Capital. Capital Account Balance shows a substantial decrease in surplus. Errors and Omissions show a change, and the Overall Balance shows a decrease in surplus.
* **International Reserves:** Total International Reserves, Foreign Currency Assets, Gold, SDR, and Reserve Position in IMF have all shown significant increases.
* **International Investment Position:** Total Foreign Assets and Total Foreign Liabilities have increased. India's Direct Investment Abroad, Portfolio Investment, and Other Investments have shown increases. Reserve Assets have shown a slight decrease. Direct Investment in India and Other Investments have shown increases, while Portfolio Investment has decreased. Net International Investment Position shows a decrease in deficit.
* **External Debt:** Multilateral, Bilateral, IMF, Export Credit, Commercial Borrowings, and NRI Deposits have shown increases. Rupee Debt shows a decrease. Total Long Term Debt and Grand Total (Total Long Term Debt + Short Term Debt) have shown increases. Short Term Debt has also increased.
* **Exchange Rates:** Rupees per US Dollar and Rupees per Euro have shown decreases. Forward Premia for 1-month, 3-month, and 6-month have shown minor changes.
* **External Sector - Merchandise Trade:** Total Exports (f.o.b.) have shown a slight increase, while Total Imports (c.i.f.) have shown a significant increase, leading to a substantial increase in the total trade balance deficit.
**Population**
* Population data shows an increase in total population.
**Impact Analysis**
**Stakeholders Impacted**
* **Government Agencies (Ministry of Finance, Department of Economic Affairs):**
* **Impact:** Responsible for collecting, compiling, and disseminating this data, and using it for policy formulation and economic management. Changes in economic indicators directly influence their assessments and decisions.
* **Action Required:** Continue to update and maintain the accuracy of the SDDS data according to the specified periodicity and standards. Utilize the data for economic analysis and policy interventions.
* **Central Bank (Reserve Bank of India):**
* **Impact:** Directly involved in collecting and providing data for the financial and external sectors. These data are crucial for monetary policy formulation, financial stability oversight, and managing foreign exchange reserves.
* **Action Required:** Ensure timely and accurate reporting of financial sector and balance of payments data. Use the comprehensive data to monitor and manage monetary policy, liquidity, and exchange rates.
* **Businesses and Investors (Domestic and International):**
* **Impact:** Rely on this data to make informed investment decisions, assess economic conditions, and understand market trends. Changes in GVA, inflation, interest rates, and exchange rates directly affect business profitability and investment attractiveness.
* **Action Required:** Review the released data regularly to understand the current economic landscape and adjust business strategies and investment portfolios accordingly.
* **Academic and Research Institutions:**
* **Impact:** Utilize this data for economic research, forecasting, and developing analytical models. The detailed and comprehensive nature of the data supports in-depth economic studies.
* **Action Required:** Access and analyze the data to conduct research, publish findings, and contribute to the understanding of India's economy.
* **International Organizations (IMF, World Bank):**
* **Impact:** Use this data for global economic analysis, country assessments, and program evaluations. Adherence to SDDS standards facilitates international comparability and assessment.
* **Action Required:** Continue to utilize the reported data for international economic surveillance and country assessments, ensuring compliance with international statistical standards.
Key Entities Referenced
Ministry of Finance, Department of Economic Affairs, Economic Division: The governmental body responsible for the compilation and dissemination of the economic and financial data presented.
Special Data Dissemination Standard [SDDS]: A framework for countries to adhere to in their statistical data dissemination practices.
National Accounts: A key category within the Real Sector, encompassing Gross Value Added (GVA) at basic prices.
Fiscal Sector: A major section detailing government revenue, expenditure, and debt.
External Sector: A major section focusing on the country's balance of payments, international investment position, and trade.
Ministry of Finance.Department of Economic Affairs. Economic Division.INDIA: Economic and
Financial Data Special Data Dissemination Standard [SDDS] National Summary Data Page [NSDP]
Update Mar/02/2026
This page is updated periodically. Unless otherwise indicated data are preliminary when first released. Data are not seasonally adjusted.
Real Sector Fiscal Sector Financial Sector External Sector Population
SDDS data category and component Unit of description Observations Percentage More Meta
Period of latest data Latest data Data for previous change from data
period previous to latest
period
REAL SECTOR
National Accounts ARC more DSBB
GVA at Basic Price (at current prices) ₹ Crore Jul/25-Sep/25 7769374.0 7144683.0 8.7 - -
Agriculture ₹ Crore Jul/25-Sep/25 1055598.0 1037227.0 1.8 - -
Industries ₹ Crore Jul/25-Sep/25 2049145.0 1888468.0 8.5 - -
Services ₹ Crore Jul/25-Sep/25 4664631.0 4218988.0 10.6 - -
GVA at Basic Price (at constant 2011-12 prices) ₹ Crore Jul/25-Sep/25 4476914.0 4140606.0 8.1 - -
Agriculture ₹ Crore Jul/25-Sep/25 492623.0 475765.0 3.5 - -
Industries ₹ Crore Jul/25-Sep/25 1332701.0 1237317.0 7.7 - -
Services ₹ Crore Jul/25-Sep/25 2651589.0 2427523.0 9.2 - -
GVA at Basic Price (Implicit Price Index) Index 2011-12 = 100 Jul/25-Sep/25 173.5 172.6 0.6 - -
Agriculture Index 2011-12 = 100 Jul/25-Sep/25 214.3 218.0 -1.7 - -
Industries Index 2011-12 = 100 Jul/25-Sep/25 153.8 152.6 0.7 - -
Services Index 2011-12 = 100 Jul/25-Sep/25 175.9 173.8 1.2 - -
Production Index (Index of Industrial Production) ARC more DSBB
General Index 2011-12 =100 Dec/25 170.3 158.0 7.8 - -
Mining Index 2011-12 =100 Dec/25 153.0 143.2 6.8 - -
Manufacturing Index 2011-12 =100 Dec/25 169.9 157.2 8.1 - -
Electricity Index 2011-12 =100 Dec/25 204.9 192.8 6.3 - -
Use-Based Classification - -
Capital Goods Index 2011-12 =100 Dec/25 124.0 114.7 8.1 - -
Intermediate Goods Index 2011-12 =100 Dec/25 182.8 170.1 7.5 - -
Consumer Durables Index 2011-12 =100 Dec/25 139.0 123.8 12.3
Consumer Non-durables Index 2011-12 =100 Dec/25 180.7 166.9 8.3 - -
Consumer Price Index (CPI) more DSBB
CPI-Industrial Workers (CPI[IW]) 2016=100 Dec/25 148.2 143.7 3.1 ARC
CPI-Rural Labourers (CPI[RL]) 1986-87=100 Dec/25 137.0 136.9 0.1 ARC
more DSBB
CPI-Rural 2012=100 Dec/25 199.9 198.4 0.8 - -
CPI-Urban 2012=100 Dec/25 195.9 192.0 2.0
CPI-Combined 2012=100 Dec/25 198.0 195.4 1.3 - -
ARC
Labour Market: Employment more DSBB
Worker Population Ratio for persons of age 15 years and Per cent Jun/23-Jul/24 58.2 56.0 3.9
above
Labour Force perticipation Rate for persons of age 15 years Per cent Jun/23-Jul/24 60.1 57.9 3.8
and above
Labour Market: Unemployment more DSBB
Unemployment Rate for persons of age 15 years and above Per cent Jun/23-Jul/24 3.2 3.2 0.0
Labour Market: Wage/Earnings more DSBB
Average wage/Salary earnings during the preceding calendar Rupees Apr/24 - Jun/24 21103.0 20039.0 5.3
month bu regular wage/salaried employees
ARC
Wholesale Price Index (WPI) 2011-2012=100 Dec/25 157.0 155.7 0.8 more DSBBSDDS data category and component Unit of description Observations Percentage More Meta
Period of latest data Latest data Data for previous change from data
period previous to latest
period
FISCAL SECTOR
1General Government Operations ARC more DSBB
Total Disbursements ₹ Billion Apr/25-Mar/26 105521.03 97800.79 7.9 - -
Total Receipts ₹ Billion Apr/25-Mar/26 104518.96 95181.33 9.8 - -
Gross Fiscal Deficit ₹ Billion Apr/25-Mar/26 25727.87 25915.61 -0.7 - -
Financed by :
Institution-wise ₹ Billion Apr/25-Mar/26 25727.87 25915.61 -0.7 - -
Domestic Financing ₹ Billion Apr/25-Mar/26 25492.96 25595.68 -0.4 - -
External Financing ₹ Billion Apr/25-Mar/26 234.90 319.92 -26.6 - -
Instrument-wise ₹ Billion Apr/25-Mar/26 25727.87 25915.61 -0.7 - -
Domestic Financing ₹ Billion Apr/25-Mar/26 25492.96 25595.68 -0.4 - -
of which Market borrowings ₹ Billion Apr/25-Mar/26 20502.68 19962.97 2.7 - -
Small Savings ₹ Billion Apr/25-Mar/26 3040.76 4371.89 -30.4 - -
External Financing ₹ Billion Apr/25-Mar/26 234.90 319.92 -26.6 - -
Central Government Operations ARC more DSBB
Revenue Receipts ₹ Crore Apr/25-Jan/26 2651525 2371188 11.82 - -
Tax Revenue (net) ₹ Crore Apr/25-Jan/26 2094218 1903558 10.02 - -
Non-Tax Revenue ₹ Crore Apr/25-Jan/26 557307 467630 19.18 - -
Non-Debt Capital Receipts ₹ Crore Apr/25-Jan/26 57129 29224 95.49 - -
TOTAL RECEIPTS ₹ Crore Apr/25-Jan/26 2708654 2400412 12.84 - -
Revenue Expenditure ₹ Crore Apr/25-Jan/26 2847780 2812595 1.25 - -
Capital Expenditure ₹ Crore Apr/25-Jan/26 842281 757359 11.21 - -
TOTAL EXPENDITURE ₹ Crore Apr/25-Jan/26 3690061 3569954 3.36 - -
Balance deficit(+)/surplus(-) Fiscal Deficit ₹ Crore Apr/25-Jan/26 981407 1169542 -16.09 - -
Primary Deficit ₹ Crore Apr/25-Jan/26 -6895 294081 -102.34 - -
Financing ₹ Crore Apr/25-Jan/26 981407 1169542 -16.09 - -
Domestic ₹ Crore Apr/25-Jan/26 978287 1147250 -14.73 - -
External ₹ Crore Apr/25-Jan/26 3120 22292 -86 - -
Central Government Debt ARC more DSBB
Public Debt ₹ Crore Jul/25- Sep/25 17515285.16 17119965.19 2.3 - -
External Debt ₹ Crore Jul/25- Sep/25 1126681.93 1092010.78 3.2 - -
Internal Debt ₹ Crore Jul/25- Sep/25 16388603.23 16027954.41 2.3 - -
Other Liabilities ₹ Crore Jul/25- Sep/25 1946931.19 1947782.77 0 - -
TOTAL DEBT ₹ Crore Jul/25- Sep/25 19462216.35 19067747.96 2.1 - -
Guaranteed debt - -
Total guaranteed debt ₹ Crore Jul/25- Sep/25 336483.83 330581.00 1.8 - -
Outstanding guaranteed debt ₹ Crore Jul/25- Sep/25 336483.83 330581.00 1.8 - -SDDS data category and component Unit of description Observations Percentage More Meta
Period of latest data Latest data Data for previous change from data
period previous to latest
period
FINANCIAL SECTOR
Analytical Accounts of the Banking Sector ARC more DSBB
2Monetary Aggregates - -
Broad Money (M3) ₹ Billion Feb/15/2026 298550.6 269133.4 10.9 - -
3Domestic credit to General Government ₹ Billion Feb/15/2026 90462.7 81505.5 11.0 - -
Other Domestic Credit ₹ Billion Feb/15/2026 212632.3 188015.9 13.1 - -
Net Foreign Exchange Assets of the Banking Sector ₹ Billion Feb/15/2026 70919.8 58734.9 20.7 - -
Analytical Accounts of the Central Bank - Reserve Bank of India[RBI] - -
Reserve Money ₹ Billion Feb/15/2026 49355.7 47122.3 4.7 more DSBB
3Net RBI Credit to General Government ₹ Billion Feb/15/2026 18722.9 11933.9 - - -
RBI Credit to Commercial Sector ₹ Billion Feb/15/2026 115.4 285.9 - - -
RBI's Claims on Banks ₹ Billion Feb/15/2026 -3270.3 1660.5 - - -
Net Foreign Exchange Assets of RBI ₹ Billion Feb/15/2026 63915.4 53966.3 18.4 - -
Interest Rates ARC Basis points more DSBB
Bank Rate Per cent per annum Feb/20/2026 5.50 6.50 -100 - -
MCLR (1-Year) Per cent per annum Feb/20/2026 8.35-8.75 9.00-9.10 - -
Treasury Bill Rates Per cent per annum Feb/25/2026 5.2998 6.4490 -115 - -
Stock Market more DSBB
BombayStockExchange(Sensex) 1978-79=100 Feb/26/2026 82248.61 74602.12 10.25
NationalStockExchange(Nifty) Nov/3/1995 =1000 Feb/26/2026 25496.55 22547.55 13.08
EXTERNAL SECTOR
Balance of Payments ARC more DSBB
Current Account
Merchandise net US $ million Jul/25- Sep/25 -87443.25 -88530.50 -1.23 - -
Services net US $ million Jul/25- Sep/25 50887.84 44461.26 14.45 - -
Transfers net US $ million Jul/25- Sep/25 36437.97 32400.30 12.46 - -
Income net US $ million Jul/25- Sep/25 -12192.82 -9193.42 32.63 - -
Current Account Balance US $ million Jul/25- Sep/25 -12310.26 -20862.36 - - -
Capital Account
Foreign Investment US $ million Jul/25- Sep/25 -2871.08 17029.11 -116.86 - -
Loans US $ million Jul/25- Sep/25 3379.36 9464.26 -64.29 - -
Banking Capital US $ million Jul/25- Sep/25 1890.56 6086.59 -68.94 - -
Rupee Debt Service US $ million Jul/25- Sep/25 -1.49 -1.83 - - -
Other Capital US $ million Jul/25- Sep/25 -1821.98 7346.17 -124.80 - -
Capital Account Balance US $ million Jul/25- Sep/25 575.36 39924.30 -98.56 - -
Errors and Omissions US $ million Jul/25- Sep/25 817.88 -448.43 - - -
Overall Balance US $ million Jul/25- Sep/25 -10917.02 18613.51 - - -
4International Reserves US $ million Feb/20/2026 723608.38 640479.00 83,129.38 more DSBB
Foreign Currency Assets US $ million Feb/20/2026 572563.92 543843.00 28,720.92 - -
Gold US $ million Feb/20/2026 127488.96 74576.00 52,912.96 - -
SDR US $ million Feb/20/2026 18839.88 17971.00 868.88 - -
Reserve Position in IMF US $ million Feb/20/2026 4715.62 4090.00 625.62 - -
Reserves Template US $ million Jan/26 LINK LINK ARC moreSDDS data category and component Unit of description Observations Percentage More Meta
Period of latest data Latest data Data for previous change from data
period previous to latest
period
International Investment Position ARC more DSBB
Total Foreign Assets US $ million Sep-25 1189897.37 1124327.41 5.83 - -
India's Direct Investment Abroad US $ million Sep-25 287821.85 254440.33 13.12 - -
Portfolio Investment US $ million Sep-25 13351.65 12365.83 7.97 - -
Other Investments US $ million Sep-25 188635.19 151738.99 24.32 - -
Reserve Assets US $ million Sep-25 700088.69 705782.26 -0.81 - -
Total Foreign Liabilities US $ million Sep-25 1464202.31 1477691.89 -0.91 - -
Direct Investment in India US $ million Sep-25 562166.69 555426.87 1.21 - -
Portfolio Investment US $ million Sep-25 258739.69 294341.79 -12.10 - -
Other Investments US $ million Sep-25 643295.94 627923.23 2.45 - -
Net International Investment Position US $ million Sep-25 -274304.94 -353364.48 -22.37 - -
External Debt more DSBB
Multilateral US $ million Sep-25 80773.88 79827.39 1.19 - -
Bilateral US $ million Sep-25 41161.55 38091.60 8.06 - -
IMF US $ million Sep-25 22686.57 22444.97 1.08 - -
Export Credit US $ million Sep-25 2977.97 2835.88 5.01 - -
Commercial Borrowings US $ million Sep-25 294842.87 272925.24 8.03 - -
NRI Deposits US $ million Sep-25 165798.95 161391.58 2.73 - -
Rupee Debt US $ million Sep-25 744.82 792.06 -5.96 - -
Total Long Term Debt (Multilateral + bilateral+IMF+Export US $ million Sep-25 608986.62 578308.71 5.30 - -
credit+Commercial borrowings + Rupee Debt)
Short Term Debt US $ million Sep-25 136999.58 134858.52 1.59 - -
Grand Total (Total Long Term Debt + Short Term Debt) US $ million Sep-25 745986.20 713167.23 4.60 - -
Exchange Rates ARC more DSBB
Rupees per US Dollar - Feb/18/2026 90.91 87.21 -4.06 - -
Rupees per Euro - Feb/18/2026 107.44 91.31 -15.01 - -
Forward Premia more -
1-month Per cent Feb/18/2026 3.05 3.08 -0.04 - -
3-month Per cent Feb/18/2026 2.63 2.43 0.21 - -
6-month Per cent Feb/18/2026 2.57 2.17 0.40 - -
External Sector - Merchandise Trade more DSBB
Total Exports (f.o.b.) US $ million Jan/26 36558.89 36338.51 0.61 - -
Total Imports (c.i.f.) US $ million Jan/26 71236.79 59767.98 19.19 - -
Total trade balance US $ million Jan/26 -34677.91 -23429.47 -48.01 -
POPULATION
5Population Million 2011 1210.2 1028.70 17.64 more DSBB
Notes
1State Governments data from 2019-20 onwards data is provisional and pertains to 25 states only. The 'Latest Data' is Budget Estimate and the 'Data for previous period' is Revised
Estimate.
2The Monetary growth rate is on year-on-year basis.
3General Government includes Central and State Governments. Local Governments are not permitted to borrow.
4For the data on international reserves absolute variation is shown in the place of percentage variation.
5Larest data of The provisional population includes estimated population of Paomata Mao Maram and Purul subdivisions of Senapati district of manipur for census 2011. Previous data of
Poulatopn under the column "Previous Data" refers to the census 2001 data and includes estimated population of Paomata Mao Maram and Purul subdivisions of Senapati districts of
Manipur.
Contact: data-dea@nic.in