Submitted By :-Ajay Kumar<br />Economic review of INDIA :2011-2012<br />
-Economy expected to grow at 8.6 per cent in 2010-11 and 9 percent next fiscal<br />-Agriculture expected to grow at 5.4 p...
-Rising domestic savings and investment chief engines of growth<br />-Investment rate expected to be 37.0 per cent in 2010...
-Invisibles trade surplus projected at $81.3 billion in 2010-11 and $95.7 billion next fiscal<br />-Capital flows can be r...
-The declining trend in food prices will result in lower food inflation<br />-Manufactured goods inflation has remained lo...
-Fiscal deficit outcome for 2010-11 could be marginally better than budget estimates<br />-Consolidated fiscal deficit is ...
-To sustain 9 per cent growth, steps required are:<br />a) Contain inflation by policies and supply side management<br />b...
Thank you<br />
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Presentation economic review

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Presentation economic review

  1. 1. Submitted By :-Ajay Kumar<br />Economic review of INDIA :2011-2012<br />
  2. 2. -Economy expected to grow at 8.6 per cent in 2010-11 and 9 percent next fiscal<br />-Agriculture expected to grow at 5.4 per cent in 2010-11 and 3 per cent next fiscal<br />-Industry expected to grow at 8.1 per cent in 2010-11 and 9.2 per cent next fiscal<br />-Services expected to grow at 9.6 per cent in 2010-11 and 10.3 per cent in 2011-12<br />-Slow recovery in global economic and financial situation<br />
  3. 3. -Rising domestic savings and investment chief engines of growth<br />-Investment rate expected to be 37.0 per cent in 2010-11 and 37.5 per cent next fiscal<br />-Domestic savings to be over 34 per cent in 2010-11 and 34.7 per cent next fiscal<br />-Current account deficit pegged at 3.0 percent of GDP in 2010-11 and 2.8 next fiscal<br />-Trade deficit pegged at $132.0 billion in 2010-11 and $151.5 billion next fiscal<br />
  4. 4. -Invisibles trade surplus projected at $81.3 billion in 2010-11 and $95.7 billion next fiscal<br />-Capital flows can be readily absorbed by needs of high growing economy<br />-Capital inflows projected at $64.6 billion for 2010-11 and $76.0 billion next fiscal<br />-Accretion to reserves pegged at $12.1 billion in 2010-11 and $20.2 billion next fiscal<br />-Inflation rate projected at 7 per cent by March 2011<br />
  5. 5. -The declining trend in food prices will result in lower food inflation<br />-Manufactured goods inflation has remained low<br />-Care has to be taken to ensure manufactured goods inflation remains below 5 percent<br />-Monetary policy exit stimulus and look at fiscal tightening<br />-Current year fiscal adjustment may not be a problem<br />
  6. 6. -Fiscal deficit outcome for 2010-11 could be marginally better than budget estimates<br />-Consolidated fiscal deficit is likely to be 7.5-8 per cent of GDP for 2010-11<br />-Considerable urgency in the implementation of goods and services tax<br />-Budgeted level of fiscal deficit and revenue deficit beyond comfort zone<br />
  7. 7. -To sustain 9 per cent growth, steps required are:<br />a) Contain inflation by policies and supply side management<br />b) Step up pace of infrastructure creation<br />c) Continue efforts to contain current account deficit<br />d) Pay greater attention to agriculture<br />
  8. 8. Thank you<br />

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