1. Presented by –
Batch-23
Team – 5
1.Supravat Pramanik
2.Sourav Das
3.Pratip Paul
&
4.Gunjan Roy Choudhury
Trend of GDP in India
over a decade
2. About GDP
GDP over a decade in India
Recent year’s GDP in India
Effect of demonetization on GDP
Conclusion
Acknowledgement
OVERVIEW
3. Gross domestic product is the market value of all officially recognised final goods &
services produced within a country in a given period of time.
Calculation :Y=C+I+G+(X-M)
Nominal GDP=Current GDP
Real GDP
Base year
PPP(Purchasing Power Parity)
About GDP
4. GDP over a decade in India
• GDP Annual Growth Rate in India
averaged 6.08 percent from 1951 until
2016.
• High of 11.40 percent in the first quarter
of 2010.
• Low of 3.5 percent in the first quarter of
2009.
• An indicator of a country’s standard of
living.
• GDP per Capita in India is equivalent to
14 percent of the world's average.
• Statistical analysis forecasts about it to
1900 USD for FY’16-FY’17.
5. GDP over a decade in India
contd.
• GDP from Agriculture in India averaged
3899.02 IND Billion from 2011 until
2016.
• High of 5217.45 IND Billion in the fourth
quarter of 2014.
• Low of 2715.05 IND Billion in the third
quarter of 2011.
• GDP from Manufacturing in India
averaged 4136.21 IND Billion from 2011
until 2016.
• High of 4908.33 IND Billion in the first
quarter of 2016.
• Low of 3455.83 IND Billion in the fourth
quarter of 2011.
6. Recent year GDP in India
• India’s rank is 150.
• The average Indian produces goods and
services worth Rs 8800 per month.
• Economic growth in India gained momentum
in the second quarter of fiscal year 2016.
• GDP increased 7.3% annually in the July to
September period.
• 7.1% rise recorded in the first quarter.
7. Recent year GDP in India
contd.
• Critical sector of Indian Economy.
• India accounts for 7.68 percent of total
global agricultural output.
• >58 per cent of the rural households
depend on agriculture as their principal
means of livelihood
• One of the high growth sectors.
• Ranking among the world’s 10 largest
manufacturing countries.
• The GOI has set an ambitious target of
increasing the contribution of manufacturing
output to 25 per cent of GDP by 2025.
8. Demonetization is a radical monetary step in
which a currency unit’s status as a legal
tender is declared invalid.
1st
implemented in India in 1946.
Further announced on 8th
Nov,2016.
From Oct,16-Mar,17, GDP growth may be
decelerated to 0.5 %,down from 6.4% in
the previous 6 months.
Effect of demonetization on GDP
10. The team is indebted to the Times-pro for providing the infrastructural
facilities.
Sincere thanks are due to our sir, Mr. Suvashis Halder , for providing
guidance.
Lastly, the co-operation received from the classmates, our loving parents
whose moral supports helped us to complete the work & specially all team-
members whose equal contribution gave a shape is also acknowledged.
ACKNOWLEDGEMENT
