Economy
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India's Economic Profile

Percentage of population below Poverty Line (1994 est.) 35%
National Income (at current prices) Rs 473,246 crores (‘91-’92)
GDP: purchasing power parity US Dollar 1.689 trillion (1998 est.)
GDP - real growth rate 5.4% (1998 est.)
GDP - per capita: purchasing power parity US dollar 1,720 (1998 est.)
GDP - composition by sector:(1997) Agriculture: 25%
Industry : 30%
Services: 45%
Per capita NNP (at current prices)  Rs 6929 (‘93-’94)
External Debt (1998) US dollar 93 billion
Net Market Borrowing (‘95-’96 budget estimate) Rs. 27,087 crores
India's Total Exports US dollar 32.17 billion (f.o.b., 1998)
India's Exports Commodities Textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures
Exports—partners US 19%, Hong Kong 6%, UK 6%, Japan 6%, Germany 5% (1997)
India’s Total Imports US dollar 41.34 billion (c.i.f., 1998)
India’s Imports Commodities Crude oil and petroleum products, machinery, gems, fertilizer, chemicals
Imports-partners US 10%, Belgium 7%, UK 7%, Germany 7%, Saudi Arabia 6%, Japan 6% (1997)
 
Economic Aids Received
  • US dollar 1.237 billion (1993)

  • US dollar 171million

  • US dollar 680 million

  • Western non US countries, ODA bilateral commitmentsUS dollar 2.48 billion

  • OPEC bilateral aid US dollar 200 million

  • World Bank (IBRD) multilateral commitments US dollar 2.8 billion

  • Asian Development Bank (AsDB) Multilateral commitments US dollar 760 million

  • International Finance Corporation (IFC) multilateral commitments US dollar 200

  • Other multilateral commitments US dollar 554 million(1995-96)