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The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 119th by GDP (PPP) . [ 58 ]
Composition of India's total production of foodgrains and commercial crops, in 2003–04, by weight. India ranks second worldwide in farm output. Agriculture and allied sectors like forestry, logging and fishing accounted for 18.6% of the GDP in 2005, employed 60% of the total workforce [13] and despite a steady decline of its share in the GDP, is still the largest economic sector and plays a ...
These are lists of Indian states and union territories by their nominal gross state domestic product (GSDP). GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). [1]
The national average HDI for India in 2008 was 0.467. [1] By 2010, its average HDI had risen to 0.519. [2] [3] UNDP, the sponsor of the Human Development Index methodology since 1990, reported India's HDI to be 0.554 for 2012, [4] an 18% increase over its 2008 HDI. The United Nations declared India's HDI to be 0.586 in 2014, [5] a 5.77% ...
Uttar Pradesh is the most populous state in India with a population of nearly 240 million people. [8] The economy of Uttar Pradesh is the second largest among states in India. [9] The gross state domestic product (GSDP) of Uttar Pradesh increased from Rs 22.58 lakh crore in 2022–2023 to Rs 25.48 lakh crore (US$310 billion) in 2023–2024. [10]
The economy of Delhi is the 12th largest among states and union territories of India. The Nominal GSDP of the NCR was estimated at 272.603 Billion [ 1 ] and the Nominal GSDP of the NCT of Delhi for 2023-24 was estimated at ₹ 11.07 lakh crore (US$130 billion) [ 10 ] [ 11 ] recording an annual growth of 9.2%.
In terms of nominal net state domestic product (NSDP) at factor cost at current prices (base year 2011–2012), West Bengal was the sixth largest economy in India, with an NSDP of ₹ 18.8 lakh crore (US$220 billion) in 2024-25 and in terms of nominal gross state domestic product (GSDP) at current prices, the state had GSDP of ₹ 13.97 lakh ...
Inflation rate in India was 4.83% as of April 2024, as per the Indian Ministry of Statistics and Programme Implementation. This represents a modest reduction from the previous figure of 5.69% for December 2023. [1] CPI for the months of January, February and March 2024 are 5.10, 5.09 and 4.85 respectively. Inflation rates in India are usually ...