National Income, Consumption, Saving estimates unveiled, 2011-12 GDP cut

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PTI: New Delhi, Jan 31 2013, 14:48 IST
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crore in 2010-11, showing a rise of 15.2 per cent as against an increase of 18.4 per cent in the previous year.

In absolute terms, CSO said, the saving of the household sector has increased from Rs 18,32,901 crore in 2010-11 to Rs 20,03,720 crore in 2011-12, increasing by 9.3 per cent. The saving of private corporate sector has gone up by 4.1 per cent from Rs 6,19,370 crore in 2010-11 to Rs 6,44,473 crore in 2011-12.

On the other hand, saving of public sector has gone down by 41.4 per cent from Rs 1,99,662 crore in 2010-11 to Rs 1,17,097 crore in 2011-12.

The Gross Domestic Capital Formation has increased from Rs 28,71,649 crore in 2010-11 to Rs 31,41,465 crore in 2011-12 at current prices and it increased from Rs 21,20,377 crore in 2010-11 to Rs 21,31,839 crore in 2011-12 at constant (2004-05) prices.

The rate of growth of Gross Capital Formation at current prices stood at 35 per cent in 2011-12 as against 36.8 per cent in 2010-11. The rate of growth of Gross Capital Formation at constant (2004-05) prices is 37.9 per cent in 2011-12 as against 40.0 per cent in 2010-11.

The data further revealed that at constant prices, the primary sector, i.e. agriculture, forestry & fishing has shown a growth of 3.6 per cent during 2011-12 as against 7.9 per cent during the year 2010-11.

The growth of secondary sector is 3.5 per cent and that of service sector is 8.2 per cent during 2011-12, as

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