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