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INDIAN ECONOMY IMPORTANT FACTS AND RECENT UPDATE
- India Gross Domestic Product (GDP) data released by Ministry of statistics and program implementation and base year 2011-12
- Consumer Price Index (CPI) published by Central Statistical Organisation and base year 2012
- Wholesale Price Index (WPI) computed by Office of the Economic Advisor (OEA) and base year 2011-12
- Index of Industrial Production (IIP) compiled by Central Statistical Organisation (CSO) and base year 2011-12
- Consumer Price Index for Industrial Workers CPI(IW) compiled by Labour Bureau
- Consumer Price Index for Agricultural Labourers CPI(AL) compiled by Labour Bureau
- Consumer Price Index for Rural Labourers CPI(RL) compiled by Labour Bureau
- Consumer Price Index(Urban) compiled by Central Statistical Organisation
- Consumer Price Index(Rural) compiled by Central Statistical Organisation
- India’s Top Exports Items – Gems, precious metals
- India’s Top Imports Items – Mineral fuels including oil
- India’s Top Trading Partners – United States
- India’s Top Trading Deficits – China
- India’s Top Trading Surpluses – United States
- India’s Largest Source of FDI – Mauritius
- India’s Largest Sector of FDI – Telecommunications sector
- World’s Top Recipient of Remittances – India
- Micro, Small and Medium Enterprises (MSME) Classification
- Previous classification – Ceiling on Investment in Plant and Machinery
Goods Category
1. Micro Enterprise: Up to Rs 25 L
2. Small Enterprise: Between Rs 25 L – 5 Cr
3. Medium Enterprise: Between Rs 5 Cr – 10 Cr
Service Category
1. Micro Enterprise: Up to Rs 10 Lac
2. Small Enterprise: Between Rs 10 L – 2 Cr
3. Medium Enterprise: Between Rs 2 Cr – 5 Cr - New Classification – Based on annual turnover
Goods and Service Category
1. Micro Enterprise: Up to Rs 5 Cr
2. Small Enterprise: Between Rs 5 Cr – 75 Cr
3. Medium Enterprise: Between Rs 75 Crore – 250 Cr
- Previous classification – Ceiling on Investment in Plant and Machinery
Important Economic Committees
- Hilton-Young Commission – Recommended setting up of RBI
- Lakdawala Committee – Proverty
- M S Ahluwalia Committee – Employment opportunities
- S S Kohli Committee and Abid Hussain Committee – Small Scale Indrustries
- Chelliah Committee and Kelkar Committee – Tax Reforms
- Narsimhan Committee and Verma Committee – Banking Sector
- Chakravarti Committee – Monetary Policy
- C. Rangrajan Committee – Balance of Payment
- C Rangarajan Committee and Tendulkar Committee – Poverty scale estimates
- Tarapur Committe – Full convertibility in capital account
- Urjit patel committee – To Examine the current monetary policy framework
- B. Shivaraman Committee – NABARD
- Shri Raghuram Rajan Committee – Financial Sector Reforms
- MBN Rao Committee – The blueprint of India’s first women’s bank
- Amitabh Kant Committee – Digital Payment
- Marathe Committee – Recommendation For Urban Co-operative Banks
- Shah Committee and Vasudev Committee – Reforms to Non Banking Financial Companies (NFBC)
- Balwant Rai Mehta Committee – Recommendations on decentralization system
- Important Government Schemes (Launched Year):
- Community Development Programme (CDP) – 1952
- Intensive Agriculture Development Programme(IADP) – 1960-61
- Intensive Agriculture Area Programme me (IAAP) – 1946-65
- High yielding Variety Programme (HYVP) – 1966-67
- Green Revolution – 1966-67
- Drought Prone Area Programme – 1973
- Command Area Development Programme – 1975
- Twenty Point Programme ( TPP) – 1975
- Integrated Child Development Services – 1975
- National Institution of Rural Development Training, Investigation and Advisory for Rural Development – 1977
- Food For Work Programme – 1977-78
- Antyodaya Yojana – 1977-78
- Integrated Rural DevelopmentProgramme – 1980
- Jawahar Rojgar Yojana – 1989
- Nehru Rojgar Yojana – 1989
- Mid Day Meal Scheme – 1995
- National Social Assistance programme – 1995
- Swaran Jayanti Shahari Rojgar Yojana – 1997
- Annapurna Yojana – 1999
- SwaranJayanti Gram Swarojgar Yojana – 1999
- Jawahar Gram Samriddhi Yojana – 1999
- Pradhan Mantri Gram Sadak Yojana – 2000
- Sampoorna Grameen Rojgar Yojana – 2001
- Vande Mataram Scheme – 2004
- National Food for Work programme – 2004
- Bharat Nirman – 2005
- JawaharLal Nehru National Urban Renewal Mission – 2005
- National Rural Employment Guarantee Scheme – 2006
- Rajiv Awas Yojana – 2009
- Swavalamban -2010
- Swabhiman – 2011
- National Rural Livelihood Mission – 2011
INDIA POPULATION COMPOSITION
1. HINDU
Largest (Numbers) – Uttar Pradesh
Highest Proportion – Himachal Pradesh
Lowest Proportion – Mizoram
3. CHRISTIAN
Largest (Numbers) – Kerala
Highest Proportion – Nagaland
5. BUDDHIST
Largest (Numbers) – Maharashtra
Highest Proportion – Sikkim
2. MUSLIM
Largest (Numbers) – Uttar Pradesh
Highest Proportion – Lakshadweep
Lowest Proportion – Mizoram
4. SIKHS
Largest (Numbers) – Punjab
Highest Proportion – Punjab
6. JAIN
Largest (Numbers) – Maharashtra
SCHEDULED CASTE
Largest (Numbers) – Uttar Prdesh
Highest Proportion – Punjab
Lowest Proportion -Mizoram
Largest (Numbers) – Uttar Prdesh
Highest Proportion – Punjab
Lowest Proportion -Mizoram
SCHEDULED TRIBE
Largest (Numbers) – Madhya Pradesh
Highest Proportion – Mizoram
Lowest Proportion – Punjab
RURAL POPULATION
Largest (Numbers) – Uttar Prdesh
Highest Proportion – Himachal Pradesh
Rural Population in India – 68.84%
URBAN POPULATION
Largest (Numbers) – Maharashtra
Highest Proportion – Goa
Urban Population in India – 31.16%
CENSUS 2011 – WEST BENGAL
- West Bengal is the fourth most populated state in India after Uttar Pradesh, Maharashtra and Bihar.
- Population – 9,12,76,115 (Rural Population – 31.87% and Urban Population – 68.13%)
- Census District – 19
- Growth Rate – 13.84% (Rural Growth Rate – 7.73% and Urban – 29.90%)
- Literacy Rate – 76.26% (Male Literacy Rate – 81.69% and Female Literacy Rate – 70.54)
- Density – 1028 per sq km
- Sex Ratio – 950 (Rural – 953 and Urban – 944)
- Largest District by Area (First-3) – 1. South 24 Parganas, 2. Paschim Medinipur and 3. Barddhaman
- Smallest District by Area (Last-3) – 19. Kolkata, 18. Howrah and 17. South Dinajpur
- Highest Population District (First-3) – 1. North 24 Parganas, 2. Sourth 24 Parganas and 3. Murshidabad
- Lowest Population District (Last-3) – 19. South Dinajpur, 18. Darjeeling and 17. Coochbeehar
- Highest Population Density (First-3) – 1. Kolkata, 2. Howrah and 3. North 24 Parganas
- Lowest Population Density (Last-3) – 19. Purulia, 18. Bankura and 17. Darjeeling
- Highest Literacy Rate (First-3) – 1. Purba Medinipur, 2. Kolkata and 3. North 24 Parganas
- Lowest Literacy Rate (Last-3) – 19. North Dinajpur, 18. Malda and 17. Purulia
- Highest Female Literacy Rate (First-3) – 1. Kolkata, 2. Purba Medinipur and 3. North 24 Parganas
- Lowest Female Literacy Rate (Last-3) – 19. Purulia, 18. North Dinajpur and 17. Malda
- Highest Sex Ration (First-3) – 1.Darjeeling, 2. Paschim Medinipur and 3. Hoogly
- Lowest Sex Ration (Last-3) – 19. Kolkata, 18. Purba Medinipur and 17. North Dinajpur
- Highest Decennial Growth Rate(First-3) – 1. North Dinajpur, 2. Malda and 3. Murshidabad
- Lowest Decennial Growth Rate (Last-3) – 19. Kolkata(Nagetive), 18. Hooghly and 17. Dakshin Dinajpur
CENSUS 2011 – INDIA
- Population – 1,210,193,422 (Rural Population – 31.16% and Urban Population – 68.84%)
- Census State – 28, Census Union Territory – 7 and Census District – 640
- Growth Rate – 17.64%
- Literacy Rate – 74.04% (Male – 82.14 and Female – 65.46%)
- Sex Ratio – 943 (Child Sex Ratio – 919)
- Population Density – 382 per sq km
- Largest State by Area – Rajasthan follow by Madhya Pradesh, Maharashtra
- Smallest State by Area – Goa follow by Sikkim, Tripura
- Highest Population State – Uttar Pradesh follow by Maharashtra, Bihar
- Lowest Population State – Sikkim follow by Mizoram, Arunachal Pradesh
- Highest Population Density State – Bihar follow by West Bengal, Kerala
- Lowest Population Density State – Arunachal Pradesh follow by Mizoram, Jammu and Kashmir
- Highest Literacy Rate State – Kerala follow by Mizoram, Goa
- Lowest Literacy Rate State – Bihar follow by Arunachal Pradesh, Rajasthan
- Highest Sex Ration State – Kerala follow by Tamil Nadu, Andhra Pradesh
- Lowest Sex Ration State – Haryana follow by Jammu and Kashmir, Sikkim
- Largest Union Territory by Area – Andaman and Nicobar
- Smallest Union Territory by Area – Lakshadweep
- Highest Population Union Territory – Delhi
- Lowest Population Union Territory – Lakshadweep
- Highest Population Union Territory – Delhi
- Lowest Population Union Territory – Andaman and Nicobar Island
- Highest Literacy Rate Union Territory – Lakshadweep
- Lowest Literacy Rate Union Territory – Dadra and Nagar Haveli
- Highest Sex Ration Union Territory – Puducherry
- Lowest Sex Ration Union Territory – Daman and Diu