Overview of Macro Economic Trends 2022-23
Gross State Domestic Product (GSDP)
It is the total monetary value of all the final goods and services produced within the boundaries of the state during the given period of time, accounted without duplication.
The estimates of GSDP are prepared on current as well as constant prices.
Rajasthan | ||
₹7.99 lakh crore | ||
₹14.14 lakh crore |
India | ||
₹157.60 lakh crore | ||
₹273.08 lakh crore |
Rajasthan's GSDP is contribute 5.18% to the Nation's GDP. (At Current Prices)
Rajasthan's GSDP is contribute 5.07% to the Nation's GDP. (At Constant Prices)
Net State Domestic Product (NSDP)
The Consumption of Fixed Capital (CFC) is subtracted from the gross value figures to derive at Net State Domestic Product.
Net GDP = GDP - Depreciation (consumption of fixed capital)
• CFC measures the replacement value of that part of the capital stock, which has been used up in the production process during the year.
Rajasthan | ||
₹6.95 lakh crore | ||
₹12.60 lakh crore |
Gross State Value Added (GSVA)
Rajasthan | ||
₹7.33 lakh crore | ||
₹13.11 lakh crore |
Sector wise contribution to GSVA in the year 2022-23:-
Sector | Rajasthan (Constant Price) | Rajasthan (Current Price) | India (Current Price) |
Agriculture | 28.50% | 28.95% | 18.11% |
Industry | 27.76% | 27.31% | 28.48% |
Service | 43.74% | 43.74% | 53.41% |
Per Capita Income (PCI)
The Per Capita Income is derived by dividing the Net State Domestic Product by the mid year's total population of the state.
PCI = NSDP/Population
Rajasthan | ||
₹86,134 | ||
₹1,56,149 |
India | ||
₹96,522 | ||
₹1,70,620 |
Gross Fixed Capital Formation (GFCF)
• The gross fixed capital formation is measured by the total value of producer's acquisition less disposal of fixed assets during the accounting period plus certain additions to the value of non produced assets released by the productive activity of institutional units.
• At the end of the year 2021-22 the total assets at current prices are estimated to be ₹3,46,844 crore, which is 28.47% of the GSDP (₹12,18,193 crore).
• The GFCF in the year 2021-22 increased by 26.63% over the previous year 2020-21.
• It is released by the National Statistical Office (NSO) • It includes goods and services. • Four different types of CPI are being constructed every month - 1. For Rural Labourers (CPI-RL) 2. For Agricultural Labourers (CPI-AL) 3. For Industrial Workers (CPI-IW) 4. Rural,Urban&Combined (CPI-R,U&C) - NSO द्वारा। Note:- The first three indices are released by the Labour Bureau, Shimla and the fourth by NSO. CPI-AL:- • Released by the Labour Bureau, Shimla. • Base year - 1986-87 CPI-IW:- • Released by the Labour Bureau, Shimla. • Base year - 2016 • It includes the three centres of Rajasthan - Jaipur, Alwar, Bhilwara (JAB) Note:- The base year has been changed from 2001 to 2016 while Ajmer center has been replaced by Alwar center. CPI (Rural/Urban):- • Released by the NSO. • Base year - 2012 | • Released by the Ministry of Industry and Commerce. • Per month released. • It includes only goods. Wholesale Price Index of Rajasthan (WPI) • Base year - 1999-2000 • Per month released. • It covers 154 commodities. 75 Primary goods. 69 Manufactured Products. 10 Fuel, Power, Light and Lubricants. |
Key Indicators of the State vis-a-vis India
2011 | Lakh Sq. Km. | 3.42 | 32.87 |
Population | 6.85 | 121.09 | ||
Decadal Growth Rate | 2001-2011 | 17.7 | ||
Population Density | 2011 | Population Per Sq. Km. | ||
Urban Population to Total Population | ||||
SC Population | ||||
ST Population | ||||
Sex Ratio | 928 | |||
Child Sex Ratio (0-6 Year) | ||||
Literacy Rate | ||||
Literacy Rate (Male) | 79.2 | |||
Work Participation Rate | 43.6 | |||
Question.Mention the indicators of economic development in Rajasthan?
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