Page 55 - Banking Finance September 2022

STATISTICS

Macroeconomic and Financial Indicators

Item Average Average 2018-19 2019-20 2020-21
2003-04 2009-10
to 2007-08 to 2013-14
(5 years) (5 years)
1 2 3 4 5 6
I. Real Economy
I.1 Real GDP at market prices (% change)* 7.9 6.7 6.5 4.0 -8.0
I.2 Real GVA at basic prices (% change)* 7.7 6.3 5.9 4.1 -6.5
I.3 Foodgrains Production (Million tonnes) 213.6 246.4 285.2 297.5 303.3
I.4 a) Food Stocks (Million tonnes) 18.6 50.1 72.7 74.0 77.2
b) Procurement (Million tonnes) 39.3 61.3 77.7 79.2 97.2
c) Off-take (Million tonnes) 41.5 57.0 65.9 62.2 83.3
I.5 Index of Industrial Production (% change)** 11.2 4.6 3.8 -0.8 -8.6
I.6 Index of Eight Core Industries (% change) 5.9 4.9 4.4 0.4 -7.0
I.7 Gross Domestic Saving Rate (% of GNDI at 33.6 33.9 30.1 30.9 -
current prices)*
I.8 Gross Domestic Investment Rate (% of GDP at 35.2 38.0 32.7 32.2 -
current prices)*
II. Prices
II.1 Consumer Price Index (CPI) Combined - - 3.4 4.8 6.2
(average % change)
II.2 CPI-Industrial Workers (average % change)# 5.0 10.3 5.4 7.5 5.0
II.3 Wholesale Price Index (average % change)# 5.5 7.1 4.3 1.7 1.3
III. Money and Credit
III.1 Reserve Money (% change) 20.4 12.1 14.5 9.4 14.2
III.2 Broad Money (M3) (% change) 18.6 14.7 10.5 8.9 11.8
III.3 a) Aggregate Deposits of Scheduled 20.2 15.0 10.0 7.9 11.4
Commercial Banks (% change)
b) Bank Credit of Scheduled Commercial 26.7 16.7 13.3 6.1 5.6
Banks (% change)
IV. Financial Markets
IV.1 Interest rates (%)
a) Call/Notice Money rate 5.6 7.2 6.3 5.4 3.4
b) 10 year G-sec yield 7.0 8.0 7.7 6.7 6.0
c) 91-Days T-bill yield - - 6.6 5.5 3.3
d) Weighted Average cost of Central - - 7.8 6.9 5.8
Government Borrowings
e) Commercial Paper 7.7 8.4 7.6 6.6 4.2
f) Certificate of Deposits## 8.9 8.2 7.3 5.9 4.3
IV.2 Liquidity (Rs. lakh crore)
a) LAF Outstanding~ - - -1.5 2.6 4.1
b) MSS Outstanding~~ - - 0.0 0.0 0.0
c) Average Daily Call Money Market Turnover 0.2 0.3 0.4 0.3 0.2
d) Average Daily G-sec Market Turnover### 0.1 0.2 0.4 0.6 0.4
e) Variable Rate Repo$ - - 1.639 0.895 0.005
f) Variable Rate Reverse Repo$ - - 0.0 1.2 0.0
g) MSF$ - - 0.943 0.020 0.001
V. Government Finances
V.1 Central Government Finances (% of GDP)&
a) Revenue Receipts 10.0 9.2 8.2 8.3 7.9
b) Capital Outlay 1.6 1.6 1.5 1.5 1.7
c) Total Expenditure 14.9 15.0 12.3 13.2 17.6
d) Gross Fiscal Deficit 3.7 5.4 3.4 4.6 9.4

BANKING FINANCE | SEPTEMBER | 2022 | 55