India GDP - 2012-13

April - June 2012


GDP at factor cost at current prices in Q1 of 2012-13, is estimated at ` 21,78,778
crore, as against ` 19,19,286 crore in Q1, 2011-12

Private Final Consumption Expenditure (PFCE) at current prices is estimated at `
12,81,799 crore in Q1 of 2012-13 as against ` 11,38,337 crore in Q1 of 2011-12.

Government Final Consumption Expenditure (GFCE) at current prices is estimated at
` 2,67,337 crore in Q1 of 2012-13 as against ` 2,24,124 crore in Q1 of 2011-12.

Gross Fixed Capital Formation (GFCF) at current prices is estimated at ` 6,84,893
crore in Q1 of 2012-13 as against ` 6,36,371 crore in Q1 of 2011-12.


More details in press note.
http://mospi.nic.in/mospi_new/upload/NAD_Press_Note_31aug12.pdf


The Economy of India is the tenth-largest in the world by nominal GDP and the third-largest by purchasing power parity (PPP).

 The country is one of the G-20 major economies, is also among the top 20 global traders according to the WTO. India was the 19th-largest merchandise and the 6th largest services exporter in the world in 2013; it imported a total of $616.7 billion worth of merchandise and services in 2013, as the 12th-largest merchandise and 7th largest services importer.


India ranks second worldwide in farm output. Agriculture and allied sectors like forestry, logging and fishing accounted for 17% of the GDP and employed 51% of the total workforce in 2012.


Industry accounts for 26% of GDP and employs 22% of the total workforce. According to the World Bank, India's industrial manufacturing GDP output in 2012 was 10th largest in the world on current US dollar basis ($239.5 billion), and 9th largest on inflation adjusted constant 2005 US dollar basis ($197.1 billion).


India's services sector has the largest share in the GDP, accounting for 57% in 2012, up from 15% in 1950. It is the 12th largest in the world by nominal GDP, and fourth largest when purchasing power is taken into account. The services sector provides employment to 27% of the work force. Information technology and business process outsourcing are among the fastest-growing sectors, having a cumulative growth rate of revenue 33.6% between 1997 and 1998 and 2002–03 and contributing to 25% of the country's total exports in 2007–08.

http://en.wikipedia.org/wiki/Economy_of_India