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  • India's GDP growth and investment rates since independence

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    witedruid
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    India's GDP has consistently grown since independence, backed by increasing investment and savings rates. The gross domestic savings rate rose from 10% of GDP in 1951 to over 35% in 2008. Similarly, the gross domestic capital formation rate increased from 10% to around 36% over the same period. Annual GDP growth averaged 6.1-9.6% per decade from the 1950s to 2000s, except for 3.6% in the 1980s.

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    India GDP

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    India's GDP has consistently grown since independence, backed by increasing investment and savings rates. The gross domestic savings rate rose from 10% of GDP in 1951 to over 35% in 2008. Similarly, the gross domestic capital formation rate increased from 10% to around 36% over the same period. Annual GDP growth averaged 6.1-9.6% per decade from the 1950s to 2000s, except for 3.6% in the 1980s.

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    Attribution Non-Commercial (BY-NC)
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    31 Ansichten1 Seite

    India's GDP growth and investment rates since independence

    Hochgeladen von

    witedruid
    India's GDP has consistently grown since independence, backed by increasing investment and savings rates. The gross domestic savings rate rose from 10% of GDP in 1951 to over 35% in 2008. Similarly, the gross domestic capital formation rate increased from 10% to around 36% over the same period. Annual GDP growth averaged 6.1-9.6% per decade from the 1950s to 2000s, except for 3.6% in the 1980s.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Als PDF, TXT herunterladen oder online auf Scribd lesen
    Markieren Sie unangemessene Inhalte
    von 1

    India’s GDP has shown consistent growth since independence.

    This has
    been backed by increasing investment and savings rate in the country

    Gross Domestic Savings Rate ,1951 -2008 (% Rate of Gross Domestic Capital Formation,1951 -
    40 GDP) 40 2007 (% GDP)
    ~ 35%
    30 30
    ~ 36%

    20 20

    10 10

    0 0
    1951 2008 1951 2008
    Gross Domestic Saving and GDCF are rates as percentage to GDP at
    current market prices
    Source: RBI
    Average annual GDP decadal growth rate (at
    Annual GDP Growth Rate (at constant constant prices) 7.2

    prices)
    9.4 9.6 5.59 5.69
    8.5 8.7
    7.5
    6.1 6.4 3.95
    5.5 3.59
    2.95

    2.3 2.2 2.6


    E

    *
    P
    2

    E*
    Q
    -5

    -6

    -6

    -7

    -9

    -0

    -0

    -0

    50's 60's 70's * 80's 90's 00's **


    -0
    51

    59

    68

    78

    89

    99

    03

    04

    8R
    -0
    05
    19

    19

    19

    19

    19

    19

    20

    20

    *Fall is due to -5.2 annual growth rate observed in 1979-80


    -0
    06
    20

    07
    20

    Source: RBI
    20

    ** Till 2007-08 only

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