Saturday, March 14, 2009

INDIAN ECONOMY


Currency 1 Indian Rupee (INR) (₨) = 100 Paise
Fiscal year April 1–March 31
Trade organisations WTO, SAFTA
Statistics
GDP $3.305 trillion (2008 est.)[1]
GDP growth 9% (2007)
GDP per capita $2,600 (PPP)
GDP by sector agriculture: 17.8%, industry: 29.4%, services: 52.8% (2007 est.)
Inflation (CPI) 6.4% (CPI) (2007 est)
Population
below poverty line
27.5% (2008 est.)[2]
Labour force 516.4 million (2007 est.)
Labour force
by occupation
agriculture: 60%, industry: 12%, services: 28% (2003)
Unemployment 7.2% (2007 est.)
Main industries textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software, services
External
Exports $163 billion[3] (Financial Year 2007-2008)
Export goods petroleum products, textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures
Main export partners US 15%, the People's Republic of China 8.7%, UAE 8.7%, UK 4.4% (2007)
Imports $230.5 billion f.o.b. (2007 est.)
Import goods crude oil, machinery, gems, fertilizer, chemicals
Main import partners the People's Republic of China 10.6%, US 7.8%, Germany 4.4%, Singapore 4.4%
Public finances
Public Debt $149.2 billion (2007)
Revenues $141.2 billion (2007 est.)
Expenses $172.6 billion (2007 est.)


Population: 1,147,995,904



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