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Press Note

This document provides provisional estimates of India's annual national income and GDP for 2021-22, as well as GDP estimates for Q4 of 2021-22. Some key details: - India's real GDP for 2021-22 reached ₹147.36 lakh crore, an increase of 8.7% over 2020-21. - Nominal GDP for 2021-22 was ₹236.65 lakh crore, up 19.5% from the previous year. - GDP growth for Q4 2021-22 was 4.1% compared to Q4 of 2020-21. - Sectoral estimates were compiled using various economic indicators like IIP, crop production

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0% found this document useful (0 votes)
3K views

Press Note

This document provides provisional estimates of India's annual national income and GDP for 2021-22, as well as GDP estimates for Q4 of 2021-22. Some key details: - India's real GDP for 2021-22 reached ₹147.36 lakh crore, an increase of 8.7% over 2020-21. - Nominal GDP for 2021-22 was ₹236.65 lakh crore, up 19.5% from the previous year. - GDP growth for Q4 2021-22 was 4.1% compared to Q4 of 2020-21. - Sectoral estimates were compiled using various economic indicators like IIP, crop production

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This Press Release is embargoed against publication, telecast or circulation on internet till 5.30 pm on 31st May 2022.

PRESS NOTE

ON
PROVISIONAL ESTIMATES OF ANNUAL
NATIONAL INCOME 2021-22
AND
QUARTERLY ESTIMATES OF
GROSS DOMESTIC PRODUCT
FOR THE FOURTH QUARTER (Q4) OF
2021-22

NATIONAL STATISTICAL OFFICE


MINISTRYOF STATISTICS & PROGRAMME
IMPLEMENTATION
GOVERNMENT OF INDIA

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GOVERNMENT OF INDIA
MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION

Dated the 31st May, 2022


10 Jyeshta, 1944 Saka

PRESS NOTE

PROVISIONAL ESTIMATES OF ANNUAL NATIONAL INCOME, 2021-22


AND
QUARTERLY ESTIMATES OF GROSS DOMESTIC PRODUCT FOR THE
FOURTH QUARTER (JAN-MAR), 2021-22

The National Statistical Office (NSO), Ministry of Statistics and Programme


Implementation is releasing in this Press Note the Provisional Estimates (PE) of National
Income, 2021-22 as well as Quarterly Estimates of GDP for the quarter January-March (Q4),
2021-22 along with the corresponding estimates of expenditure components of GDP both at
Constant (2011-12) and Current Prices in accordance with the release calendar of National
Accounts.

2. Annual and quarterly estimates of GVA at Basic Prices by kind of economic activity
along with year on year percent changes, expenditure components of GDP and annual
estimates of Gross/Net National Income and Per Capita Income for the years 2019-20, 2020-
21 and 2021-22 at Constant (2011-12) and Current Prices are given in Statements 1 to 8.

3. Real GDP or Gross Domestic Product (GDP) at Constant (2011-12) Prices in the year
2021-22 is estimated to attain a level of ₹ 147.36 lakh crore, as against the First Revised
Estimate of ₹ 135.58 lakh crore for the year 2020-21, released on 31.01.2022. The growth in
GDP during 2021-22 is estimated at 8.7 percent as compared to a contraction of 6.6 percent
in 2020-21.

4. Nominal GDP or GDP at Current Prices in the year 2021-22 is estimated to attain a
level of ₹ 236.65 lakh crore, as against ₹ 198.01 lakh crore in 2020-21, showing a growth rate
of 19.5 percent.

5. GDP at Constant (2011-12) Prices in Q4 2021-22 is estimated at ₹ 40.78 lakh crore,


as against ₹ 39.18 lakh crore in Q4 2020-21, showing a growth of 4.1 percent.

6. The Advance and Provisional Estimates of National Income are compiled using the
benchmark-indicator method i.e. the estimates available for the previous year referred to as
the benchmark year (2020-21 in this case) are extrapolated using the relevant indicators
reflecting the performance of sectors. The Second Advance Estimates (SAE) of National
Income for the year 2021-22 were released on 28th February, 2022. These estimates have
now been revised incorporating latest information on relevant indicators in the financial year.

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7. The sector-wise estimates have been compiled using indicators like (i) Index of
Industrial Production (IIP), (ii) financial performance of Listed Companies in the Private
Corporate Sector based on available quarterly financial results for these companies, (iii) Third
Advance Estimates of crop production, (iv) Production of major livestock products, (v) Fish
Production, (vi) Production/consumption of Cement and Steel, (vii) Net Tonne Kilometres
and Passenger Kilometres for Railways, (viii) Passenger and Cargo traffic handled by Civil
Aviation, (ix) Cargo traffic handled at Major Sea Ports, (x) Sales of Commercial Vehicles,
(xi) Bank Deposits & Credits, (xii) Accounts of Central & State Governments, etc., available
for the financial year. Percentage changes in the main indicators used in the estimation are
given in the Annexure.

8. The total tax revenue used for GDP compilation includes non-GST as well as GST
revenue. The Revised Estimates of Tax Revenue for 2021-22 as available in the Annual
Financial Statement of the Central Government for 2022-23 and latest information available
on the websites of the Controller General of Accounts (CGA) and Comptroller and Auditor
General of India (CAG) have been used for estimating taxes on products at Current Prices.
For compiling taxes on products at Constant Prices, volume extrapolation is done using
volume growth of taxed goods and services. The total product subsidies for Centre were
compiled using the latest information on major subsidies viz. Food, Urea, Petroleum and
Nutrient based subsidy as available on CGA website and Revised Estimates for 2021-22. The
expenditure incurred on subsidies by most States upto March 2022 as available on CAG
website along with the state-wise BE provision for 2021-22 were used to compile product
subsidies of States. Latest information available on Revenue Expenditure, Interest Payments,
Subsidies etc. for Centre and those based on detailed analysis of budget documents of States
for 2021-22 were also put to use for estimating Government Final Consumption Expenditure
(GFCE).

9. Improved data coverage, actual tax collections and expenditure incurred on subsidies,
data revisions made by source agencies etc. would have a bearing on subsequent revisions of
these estimates. Estimates are, therefore, likely to undergo revisions for the aforesaid causes
in due course, as per the release calendar. Users should take these into consideration while
interpreting the figures.

10. The next release of quarterly GDP estimates for the quarter April-June 2022
(Q1 2022-23) will be on 31.08.2022.

************

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Statement 1: Provisional Estimates of National Income and Expenditure Components of GDP , 2021-22 (at
2011- 12 Prices )
(₹ crore)
Percentage Change
2019-20 2020-21 2021-22
S.No. Item Over Previous Year
(2nd RE) (1st RE) (PE)
2020-21 2021-22
Domestic Product
1 GVA at Basic Prices 1,32,19,476 1,25,85,074 1,36,05,474 -4.8 8.1

2 Net Taxes on Products 12,96,482 9,73,400 11,30,041 -24.9 16.1


Gross Domestic Product (GDP)
3 1,45,15,958 1,35,58,473 1,47,35,515 -6.6 8.7
(1+2)
4 Net Domestic Product (NDP) 1,27,83,337 1,17,26,198 1,27,54,679 -8.3 8.8
Expenditure Components
Private Final Consumption
5 82,59,704 77,63,734 83,77,854
Expenditure (PFCE)
Government Final Consumption
6 14,84,272 15,37,603 15,77,132
Expenditure (GFCE)
Gross Fixed Capital Formation
7 46,11,021 41,31,279 47,84,054
(GFCF)
8 Change in Stocks (CIS) 1,08,284 -11,573 1,87,937
9 Valuables 1,64,527 2,07,980 2,95,046
10 Exports 28,13,609 25,53,683 31,74,844
11 Imports 33,21,586 28,62,871 38,78,193
12 Discrepancies 3,96,125 2,38,638 2,16,842
13 GDP 1,45,15,958 1,35,58,473 1,47,35,515
Share in GDP(%)
Private Final Consumption
14 56.9 57.3 56.9
Expenditure (PFCE)
Government Final Consumption
15 10.2 11.3 10.7
Expenditure (GFCE)
Gross Fixed Capital Formation
16 31.8 30.5 32.5
(GFCF)
17 Change in Stocks (CIS) 0.7 -0.1 1.3
18 Valuables 1.1 1.5 2.0
19 Exports 19.4 18.8 21.5
20 Imports 22.9 21.1 26.3
21 Discrepancies 2.7 1.8 1.5
22 GDP 100.0 100.0 100.0
National Products
23 Gross National Income (GNI) 1,43,74,253 1,33,68,279 1,45,00,812 -7.0 8.5
24 Net National Income (NNI) 1,26,41,633 1,15,36,004 1,25,19,976 -8.7 8.5
Per Capita Income, Product and Final Consumption
25 Population* (in million) 1341 1355 1369
26 Per Capita GDP (₹) 1,08,247 1,00,032 1,07,670 -7.6 7.6
27 Per Capita GNI (₹) 1,07,191 98,629 1,05,955 -8.0 7.4
28 Per Capita NNI (₹) 94,270 85,110 91,481 -9.7 7.5
29 Per Capita PFCE (₹) 61,594 57,279 61,215 -7.0 6.9

RE: Revised Estimates; PE: Provisional Estimates


* Relates to mid-financial year

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Statement 2: Provisional Estimates of National Income and Expenditure Components of GDP , 2021-22 (at
Current Prices )
(₹ crore)

Percentage Change
2019-20 2020-21 2021-22
S.No. Item Over Previous Year
(2nd RE) (1st RE) (PE)
2020-21 2021-22
Domestic Product
1 GVA at Basic Prices 1,83,55,109 1,80,57,810 2,13,49,399 -1.6 18.2
2 Net Taxes on Products 17,19,746 17,43,104 23,15,238 1.4 32.8
3 GDP (1+2) 2,00,74,856 1,98,00,914 2,36,64,637 -1.4 19.5
4 NDP 1,79,09,710 1,74,60,845 2,08,98,019 -2.5 19.7
Expenditure Components
Private Final Consumption
5 1,22,37,111 1,20,32,762 1,40,95,405
Expenditure (PFCE)
Government Final Consumption
6 22,00,871 23,93,290 26,33,867
Expenditure (GFCE)
Gross Fixed Capital Formation
7 57,37,645 52,64,073 67,59,790
(GFCF)
8 Change in Stocks (CIS) 1,34,472 -11,764 2,18,170
9 Valuables 1,94,708 2,71,414 4,01,686
10 Exports 37,52,188 37,04,533 50,63,885
11 Imports 42,70,232 37,81,273 56,53,892
12 Discrepancies 88,092 -72,123 1,45,725
13 GDP 2,00,74,856 1,98,00,914 2,36,64,637
Share in GDP(%)
Private Final Consumption
14 61.0 60.8 59.6
Expenditure (PFCE)
Government Final Consumption
15 11.0 12.1 11.1
Expenditure (GFCE)
Gross Fixed Capital Formation
16 28.6 26.6 28.6
(GFCF)
17 Change in Stocks (CIS) 0.7 -0.1 0.9
18 Valuables 1.0 1.4 1.7
19 Exports 18.7 18.7 21.4
20 Imports 21.3 19.1 23.9
21 Discrepancies 0.4 -0.4 0.6
22 GDP 100.0 100.0 100.0
National Products
23 GNI 1,98,81,742 1,95,34,226 2,32,96,345 -1.7 19.3
24 NNI 1,77,16,597 1,71,94,158 2,05,29,727 -2.9 19.4
Gross National Disposable
25 2,04,22,106 2,00,86,415 2,38,78,138 -1.6 18.9
Income (GNDI)
Net National Disposable Income
26 1,82,56,961 1,77,46,346 2,11,11,520 -2.8 19.0
(NNDI)
Per Capita Income, Product and Final Consumption
27 Per Capita GDP (₹) 1,49,701 1,46,087 1,72,913 -2.4 18.4
28 Per Capita GNI (₹) 1,48,261 1,44,120 1,70,222 -2.8 18.1
29 Per Capita NNI (₹) 1,32,115 1,26,855 1,50,007 -4.0 18.3
30 Per Capita GNDI (₹) 1,52,290 1,48,194 1,74,473 -2.7 17.7
31 Per Capita PFCE (₹) 91,254 88,775 1,02,992 -2.7 16.0

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Statement 3: Provisional Estimates of GVA at Basic Prices by Economic Activity (at 2011- 12 Prices)

(₹ crore)
Percentage Change
2019-20 2020-21 2021-22
Industry Over Previous Year
(2nd RE) (1st RE) (PE)
2020-21 2021-22
1. Agriculture, Forestry & Fishing 19,82,303 20,48,032 21,09,697 3.3 3.0
2. Mining & Quarrying 3,21,766 2,94,024 3,27,984 -8.6 11.5
3. Manufacturing 22,61,294 22,47,740 24,70,822 -0.6 9.9
4. Electricity, Gas, Water Supply & Other Utility
Services 3,00,675 2,89,771 3,11,598 -3.6 7.5
5. Construction 10,38,680 9,62,835 10,73,595 -7.3 11.5
6. Trade, Hotels, Transport, Communication &
Services related to Broadcasting 26,89,726 21,47,679 23,85,605 -20.2 11.1
7. Financial, Real Estate & Professional Services 28,97,393 29,61,910 30,87,360 2.2 4.2
8. Public Administration, Defence & Other
Services* 17,27,639 16,33,081 18,38,814 -5.5 12.6
GVA at Basic Prices 1,32,19,476 1,25,85,074 1,36,05,474 -4.8 8.1

RE: Revised Estimates; PE: Provisional Estimates


* Public Administration, Defence & Other Services category includes the Other Services sector i.e. Education, Health,
Recreation, and other personal services

Statement 4: Provisional Estimates of GVA at Basic Prices by Economic Activity ( at Current Prices )

(₹ crore)
Percentage Change
2019-20 2020-21 2021-22
Industry Over Previous Year
(2nd RE) (1st RE) (PE)
2020-21 2021-22
1. Agriculture, Forestry & Fishing 33,58,364 36,09,494 39,80,067 7.5 10.3
2. Mining & Quarrying 3,58,517 3,24,980 5,13,076 -9.4 57.9
3. Manufacturing 27,04,809 27,09,435 33,07,315 0.2 22.1
4. Electricity, Gas, Water Supply & Other Utility
Services 5,01,618 5,07,352 5,86,679 1.1 15.6
5. Construction 13,72,759 13,15,608 17,19,098 -4.2 30.7
6. Trade, Hotels, Transport, Communication &
Services related to Broadcasting 34,78,493 28,66,393 35,28,896 -17.6 23.1
7. Financial, Real Estate & Professional Services 38,79,338 40,45,760 45,43,303 4.3 12.3
8. Public Administration, Defence & Other Services
27,01,212 26,78,787 31,70,966 -0.8 18.4
GVA at Basic Prices 1,83,55,109 1,80,57,810 2,13,49,399 -1.6 18.2

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Statement 5: Quarterly Estimates of GVA at Basic Prices for 2021-22 (at 2011-12 Prices)

(₹ Crore)
GVA at Basic Price

Percentage Change Over Previous Year


Industry 2019-20 2020-21 2021-22
2020-21 2021-22
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
1. Agriculture, Forestry & Fishing 4,48,703 3,81,401 6,20,878 5,31,320 4,62,006 3,93,424 6,46,278 5,46,324 4,72,258 4,05,870 6,62,688 5,68,880 3.0 3.2 4.1 2.8 2.2 3.2 2.5 4.1
2. Mining & Quarrying 82,696 65,071 77,460 96,539 68,000 59,916 73,346 92,762 80,243 68,626 80,095 99,020 -17.8 -7.9 -5.3 -3.9 18.0 14.5 9.2 6.7
3. Manufacturing 5,65,526 5,62,812 5,44,695 5,88,261 3,87,448 5,91,929 5,90,504 6,77,859 5,77,249 6,24,891 5,92,268 6,76,414 -31.5 5.2 8.4 15.2 49.0 5.6 0.3 -0.2
4. Electricity, Gas, Water Supply & Other
79,693 77,506 70,544 72,932 67,901 74,997 71,573 75,301 77,297 81,385 74,222 78,694 -14.8 -3.2 1.5 3.2 13.8 8.5 3.7 4.5
Utility Services
5. Construction 2,59,728 2,40,792 2,57,708 2,80,451 1,31,437 2,24,897 2,74,752 3,31,749 2,25,166 2,43,071 2,67,074 3,38,283 -49.4 -6.6 6.6 18.3 71.3 8.1 -2.8 2.0
6. Trade, Hotels, Transport,
Communication & Services related to 6,62,305 6,36,189 6,61,370 7,29,862 3,31,582 5,16,278 5,94,677 7,05,142 4,45,454 5,65,940 6,32,010 7,42,200 -49.9 -18.8 -10.1 -3.4 34.3 9.6 6.3 5.3
Broadcasting
7. Financial, Real Estate & Professional
7,96,851 8,57,081 6,16,370 6,27,091 7,87,925 8,12,108 6,79,654 6,82,224 8,05,847 8,61,973 7,08,165 7,11,375 -1.1 -5.2 10.3 8.8 2.3 6.1 4.2 4.3
Services
8. Public Administration, Defence & Other
3,92,369 4,35,657 4,48,466 4,51,146 3,47,501 3,91,371 4,35,528 4,58,680 3,69,150 4,67,491 5,08,261 4,93,911 -11.4 -10.2 -2.9 1.7 6.2 19.4 16.7 7.7
Services*
GVA at Basic Prices 32,87,872 32,56,509 32,97,492 33,77,603 25,83,801 30,64,920 33,66,311 35,70,041 30,52,664 33,19,248 35,24,786 37,08,776 -21.4 -5.9 2.1 5.7 18.1 8.3 4.7 3.9

* Public Administration, Defence & Other Services category includes the Other Services sector i.e.
Education, Health, Recreation, and other personal services

Statement 6: Quarterly Estimates of Expenditure Components of GDP for 2021-22 (at 2011-12 Prices)

(₹ Crore)
Expenditure Components of GDP

Share in GDP (%)


Expenditure Components 2019-20 2020-21 2021-22
2020-21 2021-22
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
1. Private Final Consumption Expenditure
20,09,312 20,04,859 21,57,091 20,88,442 15,32,170 18,39,177 21,69,131 22,23,256 17,53,400 20,31,624 23,30,425 22,62,405 56.7 55.5 59.8 56.7 54.0 56.6 61.0 55.5
(PFCE)
2. Government Final Consumption
3,77,951 4,18,372 3,45,786 3,42,163 4,29,241 3,22,530 3,44,609 4,41,224 4,08,789 3,51,138 3,54,889 4,62,316 15.9 9.7 9.5 11.3 12.6 9.8 9.3 11.3
Expenditure (GFCE)
3. Gross Fixed Capital Formation (GFCF) 11,97,344 10,93,791 11,35,023 11,84,862 6,54,479 10,44,735 11,28,117 13,03,947 10,63,543 11,97,408 11,52,014 13,71,090 24.2 31.6 31.1 33.3 32.8 33.4 30.1 33.6
4. Change in Stocks (CIS) 27,081 26,951 26,083 28,169 -1,995 -3,048 -3,040 -3,490 43,907 47,531 45,050 51,450 -0.1 -0.1 -0.1 -0.1 1.4 1.3 1.2 1.3
5. Valuables 43,887 44,242 37,119 39,279 3,790 52,356 50,917 1,00,918 23,329 1,42,228 77,891 51,597 0.1 1.6 1.4 2.6 0.7 4.0 2.0 1.3
6. Exports 7,03,240 7,05,236 7,06,562 6,98,570 5,23,643 6,59,753 6,45,694 7,24,592 7,37,146 7,95,994 7,94,990 8,46,715 19.4 19.9 17.8 18.5 22.7 22.2 20.8 20.8
7. Imports 8,77,979 8,38,150 8,07,150 7,98,306 5,17,454 6,88,186 7,65,424 8,91,807 8,33,455 9,70,006 10,22,436 10,52,297 19.1 20.8 21.1 22.8 25.7 27.0 26.8 25.8
8. Discrepancies 68,121 90,923 -819 2,37,901 79,724 83,612 56,217 19,085 49,775 -6,738 89,056 84,749 2.9 2.5 1.6 0.5 1.5 -0.2 2.3 2.1
GDP 35,48,958 35,46,223 35,99,696 38,21,081 27,03,598 33,10,930 36,26,220 39,17,725 32,46,434 35,89,178 38,21,878 40,78,025 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
GDP (Percentage change over
-23.8 -6.6 0.7 2.5 20.1 8.4 5.4 4.1
previous year)

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Statement 7: Quarterly Estimates of GVA at Basic Prices for 2021-22 (at Current Prices)

(₹ Crore)
GVA at Basic Price

Percentage Change Over Previous Year


Industry 2019-20 2020-21 2021-22
2020-21 2021-22
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
1. Agriculture, Forestry & Fishing 7,36,647 6,40,471 10,85,522 8,95,724 7,82,413 6,95,180 11,80,833 9,51,069 8,47,042 7,43,043 12,94,054 10,95,928 6.2 8.5 8.8 6.2 8.3 6.9 9.6 15.2
2. Mining & Quarrying 94,643 72,396 85,975 1,05,503 65,418 64,525 78,868 1,16,169 1,09,285 1,00,277 1,29,420 1,74,094 -30.9 -10.9 -8.3 10.1 67.1 55.4 64.1 49.9
3. Manufacturing 6,77,967 6,71,108 6,49,322 7,06,413 4,53,728 6,98,446 7,10,550 8,46,710 7,49,346 8,24,612 8,00,157 9,33,200 -33.1 4.1 9.4 19.9 65.2 18.1 12.6 10.2
4. Electricity, Gas, Water Supply & Other
1,29,482 1,26,977 1,18,638 1,26,520 1,15,605 1,23,752 1,29,362 1,38,633 1,28,982 1,38,572 1,50,911 1,68,214 -10.7 -2.5 9.0 9.6 11.6 12.0 16.7 21.3
Utility Services
5. Construction 3,50,518 3,17,820 3,35,098 3,69,324 1,70,899 2,93,690 3,70,558 4,80,461 3,45,254 3,80,176 4,31,680 5,61,988 -51.2 -7.6 10.6 30.1 102.0 29.4 16.5 17.0
6. Trade, Hotels, Transport,
Communication & Services related to 8,52,337 8,19,648 8,60,063 9,46,444 4,25,389 6,76,119 7,95,717 9,69,168 6,25,258 8,12,124 9,48,463 11,43,051 -50.1 -17.5 -7.5 2.4 47.0 20.1 19.2 17.9
Broadcasting
7. Financial, Real Estate & Professional
10,64,892 11,45,687 8,28,769 8,39,989 10,38,123 10,89,446 9,46,719 9,71,472 11,45,774 12,43,936 10,65,702 10,87,891 -2.5 -4.9 14.2 15.7 10.4 14.2 12.6 12.0
Services
8. Public Administration, Defence & Other
6,40,602 6,76,068 6,95,381 6,89,161 6,05,213 6,37,464 7,04,591 7,31,520 6,72,314 8,00,618 8,65,763 8,32,271 -5.5 -5.7 1.3 6.1 11.1 25.6 22.9 13.8
Services*
GVA at Basic Prices 45,47,089 44,70,175 46,58,768 46,79,078 36,56,789 42,78,622 49,17,197 52,05,201 46,23,254 50,43,357 56,86,149 59,96,638 -19.6 -4.3 5.5 11.2 26.4 17.9 15.6 15.2

Statement 8: Quarterly Estimates of Expenditure Components of GDP for 2021-22 (at Current Prices)

(₹ Crore)
Expenditure Components of GDP

Share in GDP (%)


Expenditure Components 2019-20 2020-21 2021-22
2020-21 2021-22
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
1. Private Final Consumption Expenditure
29,19,710 29,49,714 32,33,963 31,33,722 22,95,743 28,25,021 34,24,585 34,87,412 28,46,871 33,45,447 39,85,298 39,17,789 59.3 59.8 62.9 60.6 55.5 59.5 63.2 59.2
(PFCE)
2. Government Final Consumption
5,46,982 6,16,670 5,21,297 5,15,922 6,48,496 5,00,590 5,46,642 6,97,562 6,60,772 5,80,557 6,03,011 7,89,527 16.7 10.6 10.0 12.1 12.9 10.3 9.6 11.9
Expenditure (GFCE)
3. Gross Fixed Capital Formation (GFCF) 15,01,041 13,59,901 13,99,131 14,77,571 8,00,027 12,90,480 14,33,253 17,40,313 14,43,837 16,50,441 16,47,885 20,17,627 20.7 27.3 26.3 30.2 28.2 29.4 26.1 30.5
4. Change in Stocks (CIS) 33,706 33,365 32,282 35,120 -1,970 -3,033 -3,085 -3,676 49,431 54,396 52,783 61,559 -0.1 -0.1 -0.1 -0.1 1.0 1.0 0.8 0.9
5. Valuables 48,179 53,685 49,798 43,046 4,459 69,016 66,399 1,31,539 31,869 1,90,817 1,06,142 72,859 0.1 1.5 1.2 2.3 0.6 3.4 1.7 1.1
6. Exports 9,30,665 9,27,287 9,63,770 9,30,466 7,48,963 9,28,387 9,58,567 10,68,615 11,28,349 12,25,739 13,12,635 13,97,162 19.3 19.7 17.6 18.6 22.0 21.8 20.8 21.1
7. Imports 11,17,375 10,60,389 10,66,234 10,26,234 6,71,810 8,77,558 10,36,806 11,95,098 11,58,549 13,58,479 15,48,120 15,88,744 17.3 18.6 19.0 20.8 22.6 24.2 24.6 24.0
8. Discrepancies 79,547 -18,581 -3,595 30,723 49,535 -11,084 58,987 -1,69,558 1,24,210 -68,753 1,42,813 -52,544 1.3 -0.2 1.1 -2.9 2.4 -1.2 2.3 -0.8
GDP 49,42,455 48,61,652 51,30,412 51,40,337 38,73,443 47,21,819 54,48,542 57,57,109 51,26,789 56,20,166 63,02,447 66,15,235 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
GDP (Percentage change over
-21.6 -2.9 6.2 12.0 32.4 19.0 15.7 14.9
previous year)

National
Accounts IS/ ISO 9001: 2015
Division
9
This Press Release is embargoed against publication, telecast or circulation on internet till 5.30 pm on 31st May 2022.

Annexure
Percentage Change in Main Indicators
April-March April-March Q4 Q4
S. No. Indicators
2020-21 2021-22 2020-21 2021-22

1 Production of Rice 3.2 6.4 4.4 10.9


2 Production of Coal -1.9 8.5 -1.9 4.5
3 Production of Crude Oil -5.2 -2.6 -3.6 -2.7
4 Production of Cement -10.8 20.8 9.6 9.3
5 Consumption of Steel -5.3 11.1 23.2 0.2
6 Total Telephone Subscribers* 2.0 -2.9 2.0 -2.9
7 Sales of Commercial Vehicles -20.8 26.0 43.2 18.8
8 Purchase of Private Vehicles -11.7 -7.3 27.1 -19.2
9 Cargo Handled at Major Sea Ports -4.6 7.2 6.8 -0.6
10 Cargo Handled at Airports -24.0 28.9 0.7 2.0
11 Passengers Handled at Airports -66.2 63.7 -35.5 13.3
12 Railways
(i) Net Tonne Kilometers 1.2 20.9 17.1 11.1
(ii) Passenger Kilometers -78.0 158.2 -29.5 40.3
13 Aggregate Bank Deposits 11.4 8.9
14 Aggregate Bank Credits 5.6 9.6

15 Revenue Expenditure less Interest 13.1 7.9 31.0 44.2


Payment and Subsidies (Centre)**
16 Export of Goods & Services -1.6 36.7 14.4 30.7
17 Import of Goods & Services -11.1 49.5 16.9 32.9
18 CPI General Index 6.2 5.5 4.9 6.3
19 IIP
(i) Mining -7.8 12.2 -0.1 3.8
(ii) Manufacturing -9.6 11.7 6.8 0.9
(iii) Electricity -0.5 8.0 9.2 3.9
(iv) Metallic Minerals -16.7 24.7 3.0 3.5
20 WPI
(i) Food Articles 3.2 4.1 0.7 8.9
(ii) Minerals 6.8 19.4 16.5 23.7
(iii) Manufactured Products 2.8 11.0 6.5 10.2
(iv) All Commodities 1.3 13.0 5.1 13.9

* Data as on 31st March, 2022.


** Annual as well as quarterly growth rate for FY 2021-22 is based on upto February 2022 information.

National
Accounts IS/ ISO 9001: 2015
Division

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