Facts About Indian Economy

  • India’s economy has become the 5th largest economy with $2.93 trillion (in terms of nominal GDP) in the world.
  • India has the 4th largest coal reserve in the world.
  • India’s foreign exchange reserves stood at US$ 582.04 billion, as of March 12, 2021 according to data from RBI.
  • Mutual funds’ asset base stood at Rs 32.30 trillion (US$ 445.55 billion) in February 2021.
  • NSE is the second-largest exchange globally by the number of trades in equity shares, while BSE is Asia’s first and currently fastest stock exchange.
  • SEBI is the national regulatory body for the securities market.
  • Wholesale Price Index (WPI) for all commodities increased to 127.3 in February 2021 from 125.9 in Jan 2021.
  • Consumer Food Price Index (CFPI) – combined inflation was 3.87% in February 2021, against 1.96% in Jan 2021.
  • Consumer Price Index (CPI) – combined inflation was 5.03% in February 2021, against 4.06% in Jan 2021.
  • Gross Value Added (GVA) Quarterly Estimates at Basic Prices in 2021-21 at constant 2011-12 Prices:

 

  1. Agriculture, forestry & fishing: Rs. 2,028,288 crore (US$ 279.32 billion).
  2. Mining & Quarrying: Rs. 292,336 Crore (US$ 40.26 billion).
  3. Manufacturing: Rs 2,079,538 crore (US$ 285.38 billion).
  4. Electricity, gas, water supply & other utility services: Rs. 306,048 crore (US$ 42.15 billion).
  5. Construction: Rs. 928,988 crore (US$ 127.93 billion).
  6. Trade, hotels, transport, communications & services related to broadcast Rs. 2,213,570 crore (US$ 304.83 billion).
  7. Financial, real estate & professional services: Rs. 2,875,751 crore (US$ 396.02 billion).
  8. Public administration, defence & other services: Rs 1,686,977 crore (US$ 232.32 billion).