**Executive Summary**
This report is an economic and financial data summary for India. It provides a snapshot of key economic indicators across real, fiscal, financial, and external sectors, including the population of India, as of varying periods, with the latest data available in October 2024. The page is updated periodically, and data are preliminary when first released and not seasonally adjusted.
**Key Points / Main Content**
* **Real Sector**
* GVA at Basic Price at current prices grew by 9.8% in Q2/24.
* GVA at Basic Price at constant 2011-12 prices grew by 6.8% in Q2/24.
* The general Index of Industrial Production decreased by 2.9% in Aug/24.
* Consumer Price Index (CPI) for Industrial Workers increased by 2.4% in Aug/24.
* The Worker Population Ratio for persons of age 15 years and above increased by 3.9% between Jun/23-Jul/24.
* The Unemployment Rate for persons of age 15 years and above remained steady at 3.2% between Jun/23-Jul/24.
* Average wage/Salary earnings increased by 5.3% between Apr/24-Jun/24.
* Wholesale Price Index (WPI) increased by 1.8% in Sep/24.
* **Fiscal Sector**
* Total Disbursements increased by 8.0% between Apr/23-Mar/24.
* Total Receipts increased by 10.8% between Apr/23-Mar/24.
* The Gross Fiscal Deficit increased by 0.2% between Apr/23-Mar/24.
* Revenue Receipts decreased by 24.1% in Aug/24.
* Total Expenditure increased by 20.9% in Aug/24.
* Public Debt increased by 9.6% in Q2/24.
* **Financial Sector**
* Broad Money (M3) increased by 11% as of Oct/04/2024.
* Reserve Money increased by 7% as of Oct/18/2024.
* The Bank Rate remained at 7% as of Oct/18/2024.
* The Bombay Stock Exchange (Sensex) increased by 24% as of Oct/24/2024.
* The National Stock Exchange (Nifty) increased by 27% as of Oct/24/2024.
* **External Sector**
* The Merchandise net current account balance decreased by 15% in Q2/24.
* The Current Account Balance decreased in Q2/24.
* The Capital Account Balance decreased by 57% in Q2/24.
* International Reserves increased by 17.8% in Q2/24.
* Total Foreign Assets increased by 11% in Q2/24.
* Total Foreign Liabilities increased by 7% in Q2/24.
* The rupees per US dollar decreased by 1% in Oct/24/2024.
* Total Exports (f.o.b.) increased by 0.5% in Sep/24.
* Total Imports (c.i.f.) increased by 1.6% in Sep/24.
* **Population**
* The population in 2011 was 1210.2 million.
**Impact Analysis**
**Government and Economic Planners**
* **Impact:** Provides data for policy formulation, economic planning, and assessment of economic performance.
* **Action Required:** Utilize the data to monitor key economic indicators, assess the impact of policies, and make informed decisions.
**Financial Institutions and Investors**
* **Impact:** Offers insights into financial market trends, interest rates, and external debt positions.
* **Action Required:** Analyze the data to inform investment strategies, risk assessment, and portfolio management.
**Businesses and Industries**
* **Impact:** Provides data on industrial production, consumer price indices, and trade balances.
* **Action Required:** Use the data to understand market demand, adjust production levels, and strategize for trade and investment.
**Citizens and General Public**
* **Impact:** Offers insights into employment rates, wage earnings, and consumer price indices.
* **Action Required:** Monitor the data to understand the economic environment, make personal financial decisions, and hold the government accountable.
Key Entities Referenced
Reserve Bank of India [RBI]: Central bank and key regulator, mentioned in the context of analytical accounts and reserve money.
General Government: Includes Central and State Governments, relevant for understanding fiscal operations and debt.
Ministry of Finance: Primary governing body responsible for economic and financial data.
Special Data Dissemination Standard [SDDS]: Framework for data dissemination followed by India.
National Summary Data Page [NSDP]: National gateway for key economic and financial data.
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 Oct/25/2024
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 change More Meta
Period of latest data Latest data Data for from previous to data
previous latest period
period
REAL SECTOR
National Accounts ARC more DSBB
GVA at Basic Price at current prices `.Crore Q2/24 7024628 6395721 9.8 - -
Agriculture `.Crore Q2/24 1122216 1039053 8.0 - -
Industries `.Crore Q2/24 1911418 1746383 9.5 - -
Services `.Crore Q2/24 3990994 3610285 10.5 - -
GVA at Basic Price at constant 2011-12 prices `.Crore Q2/24 4072735 3811997 6.8 - -
Agriculture `.Crore Q2/24 532092 521648 2.0 - -
Industries `.Crore Q2/24 1250215 1154048 8.3 - -
Services `.Crore Q2/24 2290428 2136301 7.2 - -
GVA at Basic Price (Implicit Price Index) Index 2011-12 = 100 Q2/24 172.5 167.8 2.8 - -
Agriculture Index 2011-12 = 100 Q2/24 210.9 199.2 5.9 - -
Industries Index 2011-12 = 100 Q2/24 152.9 151.3 1.0 - -
Services Index 2011-12 = 100 Q2/24 174.2 169.0 3.1 - -
Production Index (Index of Industrial Production) ARC more DSBB
General Index 2011-12 =100 Aug/24 141.6 145.8 -2.9 - -
Mining Index 2011-12 =100 Aug/24 107.1 111.9 -4.3 - -
Manufacturing Index 2011-12 =100 Aug/24 145.9 144.4 1.0 - -
Electricity Index 2011-12 =100 Aug/24 212.3 220.5 -3.7 - -
Use-Based Classification - -
Capital Goods Index 2011-12 =100 Aug/24 108.1 107.4 0.7 - -
Intermediate Goods Index 2011-12 =100 Aug/24 162.2 157.4 3.0 - -
Consumer Durables Index 2011-12 =100 Aug/24 129.6 123.2 5.2
Consumer Non-durables Index 2011-12 =100 Aug/24 141.6 148.3 -4.5 - -
Consumer Price Index (CPI) more DSBB
CPI-Industrial Workers (CPI[IW]) 2016=100 Aug/24 142.6 139.2 2.4 ARC
CPI-Rural Labourers (CPI[RL]) 1986-87=100 Sep/24 1316.0 1237.0 6.4 ARC
ARC more DSBB
CPI-Rural 2012=100 Sep/24 196.7 185.8 5.9 - -
CPI-Urban 2012=100 Sep/24 191.4 182.2 5.1
CPI-Combined 2012=100 Sep/24 194.2 184.1 5.5 - -
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 Rupees Apr/24 - Jun/24 21103.0 20039.0 5.3
calendar month bu regular wage/salaried employees
ARC
Wholesale Price Index (WPI) 2011-2012=100 Sep/24 154.6 151.8 1.8 more DSBBSDDS data category and component Unit of description Observations Percentage change More Meta
Period of latest data Latest data Data for from previous to data
previous latest period
period
FISCAL SECTOR
1General Government Operations ARC more DSBB
Total Disbursements ` Billion Apr/23 - Mar/24 90451.2 83769.7 8.0 - -
Total Receipts ` Billion Apr/23 - Mar/24 91497.9 82581.9 10.8 - -
Gross Fiscal Deficit ` Billion Apr/23 - Mar/24 25886.2 25824.5 0.2 - -
Financed by :
Institution-wise ` Billion Apr/23 - Mar/24 25886.2 25824.5 0.2 - -
Domestic Financing ` Billion Apr/23 - Mar/24 25665.0 25585.8 0.3 - -
External Financing ` Billion Apr/23 - Mar/24 221.2 238.7 -7.4 - -
Instrument-wise ` Billion Apr/23 - Mar/24 25886.2 25824.5 0.2 - -
Domestic Financing ` Billion Apr/23 - Mar/24 25665.0 25585.8 0.3 - -
of which Market borrowings ` Billion Apr/23 - Mar/24 19028.6 17767.5 7.1 - -
Small Savings ` Billion Apr/23 - Mar/24 4411.9 4038.4 9.3 - -
External Financing ` Billion Apr/23 - Mar/24 221.2 238.7 -7.4 - -
Central Government Operations ARC more DSBB
Revenue Receipts `.Crore Aug/24 191292 252137 -24.1 - -
Tax Revenue (net) `.Crore Aug/24 158621 221359 -28.3 - -
Non-Tax Revenue `.Crore Aug/24 32671 30778 6.2 - -
Non-Debt Capital Receipts `.Crore Aug/24 2480 1687 47.0 - -
TOTAL RECEIPTS `.Crore Aug/24 193772 253824 -23.7 - -
Revenue Expenditure `.Crore Aug/24 312276 234337 33.3 - -
Capital Expenditure `.Crore Aug/24 39727 56720 -30.0 - -
TOTAL EXPENDITURE `.Crore Aug/24 352003 291057 20.9 - -
Balance deficit(+)/surplus(-) Fiscal Deficit `.Crore Aug/24 158231 37233 325.0 - -
Primary Deficit `.Crore Aug/24 85958 -30417 -382.6 - -
Financing `.Crore Aug/24 158231 37233 325.0 - -
Domestic `.Crore Aug/24 143409 34512 315.5 - -
External `.Crore Aug/24 14821 2722 444.6 - -
Central Government Debt ARC more DSBB
Public Debt `.Crore Q2/24 15847550 14453974 9.6 - -
External Debt `.Crore Q2/24 978289 920105 6.3 - -
Internal Debt `.Crore Q2/24 14869261 13533868 9.9 - -
Other Liabilities `.Crore Q2/24 1764363 1735594 1.7 - -
TOTAL DEBT `.Crore Q2/24 17611913 16189568 8.8 - -
Guaranteed debt - -
Total guaranteed debt `.Crore Q2/24 314428 536680 -41.4 - -
Outstanding guaranteed debt `.Crore Q2/24 314339 439660 -28.5 - -SDDS data category and component Unit of description Observations Percentage change More Meta
Period of latest data Latest data Data for from previous to data
previous latest period
period
FINANCIAL SECTOR
Analytical Accounts of the Banking Sector ARC more DSBB
2Monetary Aggregates - -
Broad Money (M3) ` Billion Oct/04/2024 263680 236863 11 - -
3Domestic credit to General Government ` Billion Oct/04/2024 78885 73705 7 - -
Other Domestic Credit ` Billion Oct/04/2024 180631 154821 17 - -
Net Foreign Exchange Assets of the Banking Sector ` Billion Oct/04/2024 60336 50648 19 - -
Analytical Accounts of the Central Bank - Reserve Bank of India[RBI] - -
Reserve Money ` Billion Oct/18/2024 46645 43555 7 more DSBB
3Net RBI Credit to General Government ` Billion Oct/18/2024 11324 10186 - - -
RBI Credit to Commercial Sector ` Billion Oct/18/2024 92 52 - - -
RBI's Claims on Banks ` Billion Oct/18/2024 -2158 868 - - -
Net Foreign Exchange Assets of RBI ` Billion Oct/18/2024 56302 46861 20 - -
Interest Rates ARC Basis points more DSBB
Bank Rate Per cent per annum Oct/18/2024 7 7 0.0 - -
MCLR (1-Year) Per cent per annum Oct/18/2024 8.95-9.10 8.55-8.95 - -
Treasury Bill Rates Per cent per annum Oct/23/2024 6 7 -20.1 - -
Stock Market more DSBB
BombayStockExchange(Sensex) 1978-79=100 Oct/24/2024 80065 64572 24
NationalStockExchange(Nifty) Nov/3/1995 =1000 Oct/24/2024 24399 19282 27
EXTERNAL SECTOR
Balance of Payments ARC more DSBB
Current Account
Merchandise net US $ million Q2/24 -65122 -56701 15 - -
Services net US $ million Q2/24 39725 35121 13 - -
Transfers net US $ million Q2/24 26350 22838 15 - -
Income net US $ million Q2/24 -10718 -10225 5 - -
Current Account Balance US $ million Q2/24 -9765 -8967 - - -
Capital Account
Foreign Investment US $ million Q2/24 7259 20459 -65 - -
Loans US $ million Q2/24 5965 2171 175 - -
Banking Capital US $ million Q2/24 2870 12940 -78 - -
Rupee Debt Service US $ million Q2/24 -61 -62 - - -
Other Capital US $ million Q2/24 -1627 -1691 -4 - -
Capital Account Balance US $ million Q2/24 14406 33816 -57 - -
Errors and Omissions US $ million Q2/24 585 -418 - - -
Overall Balance US $ million Q2/24 5226 24432 - - -
4International Reserves US $ million Oct/18/2024 688267 583532 104735 more DSBB
Foreign Currency Assets US $ million Oct/18/2024 598236 515202 83034 - -
Gold US $ million Oct/18/2024 67444 45425 22019 - -
SDR US $ million Oct/18/2024 18271 17925 346 - -
Reserve Position in IMF US $ million Oct/18/2024 4316 4980 -664 - -
Reserves Template US $ million Aug-24 LINK LINK ARC moreSDDS data category and component Unit of description Observations Percentage change More Meta
Period of latest data Latest data Data for from previous to data
previous latest period
period
International Investment Position ARC more DSBB
Total Foreign Assets US $ million Q2/24 1051433 943044 11 - -
India's Direct Investment Abroad US $ million Q2/24 246072 228227 0 - -
Portfolio Investment US $ million Q2/24 12103 14511 -14 - -
Other Investments US $ million Q2/24 141261 105256 34 - -
Reserve Assets US $ million Q2/24 651997 595051 10 - -
Total Foreign Liabilities US $ million Q2/24 1419761 1322001 7 - -
Direct Investment in India US $ million Q2/24 552178 532278 4 - -
Portfolio Investment US $ million Q2/24 277272 258539 7 - -
Other Investments US $ million Q2/24 590312 531184 11 - -
Net International Investment Position US $ million Q2/24 -368329 -378956 -3 - -
External Debt more DSBB
Multilateral US $ million Q2/24 78146 75135 4.0 - -
Bilateral US $ million Q2/24 34298 33425 2.6 - -
IMF US $ million Q2/24 21766 22010 -1.1 - -
Export Credit US $ million Q2/24 2877 2878 0.0 - -
Commercial Borrowings US $ million Q2/24 255915 229673 11.4 - -
NRI Deposits US $ million Q2/24 155782 141345 10.2 - -
Rupee Debt US $ million Q2/24 811 781 3.8 - -
Total Long Term Debt (Multilateral + bilateral+IMF+Export US $ million Q2/24 549594 505246 8.8 - -
credit+Commercial borrowings + Rupee Debt)
Short Term Debt US $ million Q2/24 132673 123566 7.4 - -
Grand Total (Total Long Term Debt + Short Term Debt) US $ million Q2/24 682268 628812 8.5 - -
Exchange Rates ARC more DSBB
Rupees per US Dollar - Oct/24/2024 84 83 -1 - -
Rupees per Euro - Oct/24/2024 91 88 -3 - -
Forward Premia more -
1-month Per cent Oct/24/2024 2 1 0.5 - -
3-month Per cent Oct/24/2024 2 1 0.4 - -
6-month Per cent Oct/24/2024 2 2 0.4 - -
External Sector - Merchandise Trade ARC more DSBB
Total Exports (f.o.b.) US $ million Sep/24 34582 34408 0.5 - -
Total Imports (c.i.f.) US $ million Sep/24 55363 54485 1.6 - -
Total trade balance US $ million Sep/24 -20781 -20077 -
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