APPENDIX F Data related to India Table 1 PCE = Private Final Consumption Expenditure in Domestic Market at 1993-94 prices GDP = Gross Domestic Product at Market Price at 1993-94 prices Both variables are measured in Rupee Crore. Source: National Accounts Statistics Back Series (1950-51 to 1992-93), 2001, Statements S-2 and S-9, Central Statistical Organization, Ministry of Statistics and Programme Implementation, Government of India (GOI). Year PCE GDP Year PCE GDP Year PCE GDP 1950-51 128612 148503 1966-67 215756 261586 1982-83 366178 484217 1951-52 136787 152979 1967-68 227962 281971 1983-84 394599 518491 1952-53 142307 156960 1968-69 233950 291759 1984-85 405973 539874 1953-54 150862 166625 1969-70 242640 310847 1985-86 422916 570267 1954-55 155811 174745 1970-71 250880 326925 1986-87 436262 597850 1955-56 157301 180530 1971-72 255761 332516 1987-88 451215 623371 1956-57 164259 190578 1972-73 257475 330594 1988-89 479378 684832 1957-58 161014 189960 1973-74 263793 341050 1989-90 503167 728952 1958-59 175796 203958 1974-75 263594 345101 1990-91 525641 771295 1959-60 177795 209408 1975-76 278563 376731 1991-92 536980 778289 1960-61 187909 220560 1976-77 284118 383163 1992-93 550828 819318 1961-62 191112 228921 1977-78 307285 410873 1962-63 193602 235834 1978-79 326066 434437 1963-64 200804 250208 1979-80 318753 411663 1964-65 212800 268821 1980-81 347443 439201 1965-66 212988 262029 1981-82 362552 467139 Table 2 Gold Price: Price of Gold at Mumbai (Rupees per Gram) Source: Handbook of Statistics on Indian Economy, Table 41, page 81, Reserve Bank of India, GOI, 2006.Also available on RBI website - http://www.rbi.org.in/home.aspx CPI: Consumer Price Index for Industrial Workers (1982 = 100) Source: Ministry of Labour and Employment, GOI. Also available on http://labour.gov.in BSE: Bombay stock exchange sensex index for December 31st (1991=100) Source: Bombay Stock Exchange website http://www.bseindia.com/ Year Gold Price CPI BSE Year Gold Price CPI BSE 1991 345.15 225.00 100.00 1998 434.71 429.00 160.07 1992 429.76 243.00 137.01 1999 426.80 431.00 262.24 1993 410.37 264.00 175.29 2920 439.36 446.00 208.09 1994 453.19 289.00 205.72 2001 447.36 469.00 170.91 1995 466.72 317.00 162.95 1996 495.76 350.00 161.63 1997 507.07 372.00 191.69 Table 3 NGDP: Nominal Gross Domestic Product in Rupee Crore at market price RGDP: Real Gross Domestic Product in Rupee Crore at 1992-93 prices. Source: Handbook of Statistics on Indian Economy, Table 1-2, page 1-2, RBI, GOI, 2006 Year NGDP RGDP Year NGDP RGDP Year NGDP RGDP 1950-51 9934 148503 1969-70 42750 310847 1988-89 421567 684832 1951-52 10566 152979 1970-71 45677 326925 1989-90 486179 728952 1952-53 10366 156960 1971-72 48932 332516 1990-91 568674 771295 1953-54 11282 166625 1972-73 53947 330594 1991-92 653117 778289 1954-55 10678 174745 1973-74 65613 341050 1992-93 748367 819318 1955-56 10873 180530 1974-75 77479 345101 1993-94 859220 859220 1956-57 12951 190578 1975-76 83269 376731 1994-95 1012770 923349 1957-58 13349 189960 1976-77 89739 383163 1995-96 1188012 993946 1958-59 14874 203958 1977-78 101597 410873 1996-97 1368209 1067444 1959-60 15675 209408 1978-79 110133 434437 1997-98 1522547 1115248 1960-61 17167 220560 1979-80 120841 411663 1998-99 1740985 1182020 1961-62 18196 228921 1980-81 143762 439201 1999-00 1936831 1266283 1962-63 19566 235834 1981-82 168600 467139 2000-01 2089500 1316201 1963-64 22482 250208 1982-83 188262 484217 2001-02 2271984 1383705 1964-65 26220 268821 1983-84 219496 518491 1965-66 27668 262029 1984-85 245515 539874 1966-67 31305 261586 1985-86 277991 570267 1967-68 36649 281971 1986-87 311177 597850 1968-69 38823 291759 1987-88 354343 623371 Table 4 GNP: Gross National Product at market prices (Rupees Crore) Money Stock Measures in Rupee Crore sourced from RBI website http://rbi.org.in/home.aspx M0 (Reserve Money) = includes currency in Circulation, Bankers deposits with Rbi and Other deposits with RBI M1 (Narrow Money) = includes currency with Public, Demand deposits and Other depostis with RBI M3 (Broad Money) = includes M1 and Time Deposits Year GNP M0 M1 M3 Year GNP M0 M1 M3 1970-71 45393 4822 7374 11020 1986-87 309372 44808 51516 141632 1971-72 48641 5382 8323 12693 1987-88 351724 53489 58555 164275 1972-73 53645 6033 9700 15013 1988-89 417071 62958 66786 193493 1973-74 65288 7273 11200 17624 1989-90 480448 77591 81060 230950 1974-75 77188 7604 11975 19549 1990-91 561129 87779 92892 265828 1975-76 83014 7808 13325 22480 1991-92 643040 99505 114406 317049 1976-77 89506 9798 16024 27781 1992-93 736722 110779 124066 364016 1977-78 101364 10941 14388 32906 1993-94 847140 138672 150778 431084 1978-79 109977 14082 17292 40112 1994-95 999687 169283 192257 527596 1979-80 120994 16573 20000 47226 1995-96 1174528 194457 214835 599191 1980-81 144107 19452 23424 55774 1996-97 1355127 199985 240615 696012 1981-82 168640 20998 24937 62752 1997-98 1509342 226402 267844 821332 1982-83 187628 23110 28535 73184 1998-99 1726017 259286 309068 980960 1983-84 218552 28994 33398 86525 1999-00 1921400 280555 341796 1124174 1984-85 244091 35216 39915 102933 2000-01 2071391 303311 379450 1313220 1985-86 276562 38165 44095 119394 2001-02 2256418 337970 422843 1498355 Table 5 CPI: Consumer Price Index for Industrial workers (1982-83 = 100) Source: Ministry of Labour and Employment, GOI. Also available on http://labour.gov.in WPI: Wholesale Price Index (1981-82 = 100) Source: Office of the Economic Adviser, Ministry of Industry, Govt of India's website http://eaindustry.nic.in Year CPI WPI Year CPI WPI Year CPI WPI 1970-71 38 36 1982-83 99 105 1994-95 284 279 1971-72 39 38 1983-84 111 113 1995-96 313 301 1972-73 42 41 1984-85 118 120 1996-97 342 315 1973-74 51 50 1985-86 126 125 1997-98 366 329 1974-75 64 62 1986-87 137 133 1998-99 414 349 1975-76 63 62 1987-88 149 144 1999-00 428 360 1976-77 61 63 1988-89 163 154 2000-01 444 386 1977-78 66 66 1989-90 173 166 2001-02 463 400 1978-79 67 66 1990-91 193 183 2002-03 482 414 1979-80 73 77 1991-92 219 208 2003-04 500 436 1980-81 81 91 1992-93 240 229 2004-05 520 464 1981-82 91 100 1993-94 258 248 Table 6 GDS: Gross Domestic Savings GDP: Gross Domestic Product at market price Source: Handbook of Statistics on Indian Economy, Table 2, page 2, RBI, GOI, 2006 Year GDS GDP Rupee Crore Rupee Lakh Standardized Rupee Crore Rupee Lakh Standardized 1990-91 131340 13134000 -1.28745 568674 56867400 -1.3025 1991-92 143908 14390800 -1.19676 653117 65311700 -1.15803 1992-93 162906 16290600 -1.05967 748367 74836700 -0.99508 1993-94 193621 19362100 -0.83803 859220 85922000 -0.80544 1994-95 251463 25146300 -0.42065 1012770 101277000 -0.54274 1995-96 298747 29874700 -0.07945 1188012 118801200 -0.24294 1996-97 317261 31726100 0.054147 1368209 136820900 0.065337 1997-98 352178 35217800 0.306106 1522547 152254700 0.329376 1998-99 374659 37465900 0.468327 1740985 174098500 0.703078 1999-00 468681 46868100 1.146785 1936831 193683100 1.038129 2000-01 490049 49004900 1.300975 2089500 208950000 1.299313 2001-02 532274 53227400 1.605668 2271984 227198400 1.611504 Table 7: Dur: Expenditure on Durables include Furniture, furnishing and Appliances Non-Dur: Expenditure on Non-durables include Food, beverages & tobacco, clothing & footwear and Fuel & power Ser: Expenditure on Services include Gross rent, services, medical care & health care, transport & communication, recreation, education and cultural services Tot: Total Private Expenditure in Domestic Market also includes Miscellaneous Expenditure on Goods and Services which we have excluded from the above categories Note: All values are measured in Rupee crore at 1993-94 prices Source: National Accounts Statistics Back Series (1950-51 to 1992-93), Statements S-2, CSO, Mospi, GOI, 2001 Year Dur Non-Dur Ser Tot year Dur Non-Dur Ser Tot 1950-51 428 98853 25794 131784 1972-73 6132 184345 54834 257474 1951-52 441 103132 26327 136786 1973-74 5926 189184 56908 263794 1952-53 1332 107065 26927 142306 1974-75 5908 187082 58651 263594 1953-54 1332 114689 27814 150860 1975-76 6532 199995 60414 278563 1954-55 1436 118516 28580 285801 1976-77 7072 200513 63273 284118 1955-56 1563 118415 29690 157301 1977-78 7525 219670 65499 307285 1956-57 1691 124029 30542 176909 1978-79 7912 234017 69095 326066 1957-58 1743 119736 31414 161015 1979-80 7366 222312 73884 318752 1958-59 1896 133124 32328 175795 1980-81 7191 245276 78426 347443 1959-60 2047 133170 33825 177796 1981-82 7902 255132 82017 362552 1960-61 2210 141488 35036 187909 1982-83 8747 253544 85530 366178 1961-62 2278 143379 36290 191113 1983-84 9948 394599 90657 394599 1962-63 2606 144292 37332 193602 1984-85 10123 281050 95092 405973 1963-64 2590 149467 39310 200806 1985-86 11124 289935 99175 422916 1964-65 3008 159141 41083 212800 1986-87 11928 293091 107365 436262 1965-66 2955 157477 42733 212987 1987-88 11962 300646 113506 451215 1966-67 3395 158430 44626 215756 1988-89 12058 320254 120316 479378 1967-68 3603 168689 45848 227962 1989-90 13390 331811 127815 503167 1968-69 4064 172741 47746 233951 1990-91 13799 345217 135402 525641 1969-70 4429 178841 49672 242639 1991-92 13145 350118 141478 536980 1970-71 5338 183596 50846 250880 1992-93 13114 353834 148105 550828 1971-72 5951 184866 52971 255760 Table 8: Demand for Potatoes Y = potatoes consumed in Kg X1 = Income per capita in thousand Rupees at 1993-94 prices X2 = Price of potatoes in Rupees per Kg X3 = Price of Cabbage in Rupees per Kg X4 = Price of Cauliflower in Rupees per Kg Note that some states and union territories have been excluded as data was not available for all of them. Also the data given pertains to items consumed per person for a period of 30 days across different states and Union Territories in Rural India for the year 1992-93 Source: Consumption of Some important Commodities in India- Report no.404, NSS 50th Round 1993-94, State-tables - Table 1, Pg- B1 to B64, National Sample Survey Organisation, Department of Statistics, Govt of India. States Y X1 X2 X3 X4 States Y X1 X2 X3 X4 1 0.17 7.42 5.18 5.00 6.00 15 0.99 6.89 4.69 4.55 6.00 2 0.57 8.56 4.82 5.40 5.50 16 0.49 9.13 7.80 7.13 6.00 3 0.96 5.72 4.46 3.26 4.17 17 0.99 4.90 5.56 6.38 8.05 4 2.21 3.04 3.04 1.79 3.13 18 1.34 12.71 3.72 3.19 4.73 5 0.22 16.56 6.18 8.75 10.00 19 1.11 6.18 3.26 3.45 3.78 6 0.85 9.80 4.68 6.25 6.77 20 0.54 7.55 3.93 5.14 5.53 7 0.98 11.08 3.36 3.71 3.70 21 1.12 8.96 4.29 5.03 5.74 8 0.88 7.87 3.74 3.87 4.27 22 1.56 5.53 5.36 7.69 4.75 9 0.81 6.54 3.84 3.46 4.13 23 1.15 5.07 4.72 2.61 4.00 10 0.23 7.84 4.35 3.91 3.00 24 2.36 6.76 2.55 2.10 2.69 11 0.21 7.94 6.14 5.71 3.00 25 2.40 15.19 2.88 1.76 2.95 12 0.15 6.58 5.47 3.33 2.40 26 0.61 19.76 7.49 14.11 10.33 13 0.38 12.18 4.84 5.57 6.88 27 1.54 18.17 3.27 4.00 2.91 14 0.71 5.84 4.96 4.15 5.27 28 0.54 9.78 4.83 6.50 8.00 Table 9: Demand for Chicken Y= consumption of chicken in Kg ; X1 = Percapita income in thousands of rupees at 1993-94 prices X2 = Price of chicken in Rupees per Kg; X3 = Price of Fish in Rupees per Kg Note that some states and union territories have been excluded as data was not available for all of them. Also the data given pertains to items consumed per person for a period of 30 days across different states and Union Territories in Rural India for the year 1992-93 Source: Consumption of Some important Commodities in India- Report no.404, NSS 50th Round 1993-94, State-tables - Table 1, Pg- B1 to B64, National Sample Survey Organisation, Department of Statistics, GOI. States Y X1 X2 X3 States Y X1 X2 X3 1 0.05 7.42 38.60 16.91 12 0.05 6.89 44.80 37.63 2 0.12 8.56 47.67 36.83 13 0.13 9.13 52.38 48.27 3 0.08 5.72 40.13 27.86 14 0.02 4.90 50.00 19.41 4 0.01 3.04 31.00 20.17 15 0.04 7.55 56.50 52.00 5 0.05 16.56 50.60 25.99 16 0.02 8.96 37.50 20.18 6 0.01 9.80 52.00 31.50 17 0.06 5.53 44.67 37.49 7 0.02 7.84 44.50 13.07 18 0.03 6.76 43.00 21.30 8 0.03 7.94 44.00 16.90 19 0.20 15.19 39.10 16.83 9 0.66 6.58 0.03 0.60 20 0.02 19.76 56.00 28.50 10 0.01 12.18 40.00 23.09 21 0.02 18.17 67.50 27.33 11 0.06 5.84 49.17 36.88 22 0.02 9.78 44.00 13.75 Table 10: Demand for Money M1 = includes currency with the public, demand deposits and other deposits with RBI (Rupee crore) GDP = GDP at factor cost in 1993-94 prices measured in Rupee crore Int.rate = Interest rate = Average commercial bank deposit rate for above 5 years time deposit WPI = Wholesale price index (1981-82 = 100) Year M1 GDP Int.rate WPI Year M1 GDP Int. rate WPI 1970-71 7374 296278 7.25 35.55 1986-87 51516 536257 11 129.20 1971-72 8323 299269 7.25 37.54 1987-88 58555 556778 10 138.50 1972-73 9700 298316 7.25 41.31 1988-89 66786 615098 10 151.50 1973-74 11200 311894 7.25 49.66 1989-90 81060 656331 10 168.60 1974-75 11975 315514 9 62.18 1990-91 92892 692871 11 182.80 1975-76 13325 343924 10 61.50 1991-92 114406 701863 13 203.40 1976-77 16024 348223 10 62.78 1992-93 124066 737792 11 225.60 1977-78 14388 374235 9 66.05 1993-94 150778 781345 10 243.20 1978-79 17292 394828 9 66.05 1994-95 192257 838031 11 278.78 1979-80 20000 374291 10 77.36 1995-96 214835 899563 13 301.32 1980-81 23424 401128 10 91.47 1996-97 240615 970082 13 315.20 1981-82 24937 425073 10 100.00 1997-98 267844 1016595 12 329.08 1982-83 28535 438079 11 103.50 1998-99 309068 1082747 11.5 348.65 1983-84 33398 471742 11 109.80 1999-00 341796 1148367 10.5 360.05 1984-85 39915 492077 11 117.50 2000-01 379450 1198592 10 385.82 1985-86 44095 513990 11 124.50 2001-02 422843 1267945 8.25 399.70 Table 11: Indian Public Sector Output = Nominal Output deflated by WPI (base 1981-82 = 100), Measured in Rupee crore Capital = Capital employed deflated by WPI (base 1981-82 = 100), Measured in Rupee crore Raw Mat = Raw material used is deflated by WPI (base 1981-82 = 100), Measured in Rupee crore Labour = Number of Labour employed Source: The data is borrowed from Sangeetha 'Impact of Reforms on Performance of Public Enterprises: Evidence from India' PhD thesis (work in progress), Indira Gandhi Institute of Development Research, Mumbai, India year Output Capital Raw Mat Labour 1985 443.34 461.17 373.04 1214722 1986 379.05 536.10 259.88 1607128 1987 413.52 509.88 322.81 1545389 1988 466.20 677.50 380.49 1664926 1989 473.05 610.72 381.38 1593680 1990 544.10 598.71 424.61 1609015 1991 508.71 601.06 381.93 1626806 1992 468.36 585.62 347.00 1543411 1993 451.30 429.62 313.53 1568153 1994 413.10 527.87 260.36 1565944 1995 391.15 468.95 244.06 1530029 1996 445.07 451.34 296.75 1477010 1997 406.75 446.30 283.87 1468938 1998 388.31 446.51 239.24 1467611 1999 266.69 509.39 127.87 1434503 2000 307.40 488.33 153.80 1371988 Table 12: Income = Personal disposable income measured in Rupee crore Savings = Gross domestic savings measured in Rupee crore Source: Handbook of Statistics on Indian Economy, Table 1, Reserve Bank of India, GOI, 2006. Year Income Savings Year Income Savings Year Income Savings 1959-60 13660 1748 1971-72 40126 7367 1983-84 181359 38587 1960-61 14638 1989 1972-73 44431 7872 1984-85 202245 46063 1961-62 15358 2127 1973-74 54741 10999 1985-86 224371 54167 1962-63 16320 2479 1974-75 63642 12380 1986-87 250920 58951 1963-64 18552 2763 1975-76 67810 14346 1987-88 286328 72908 1964-65 21936 3129 1976-77 72330 17408 1988-89 340292 87913 1965-66 22975 3870 1977-78 83635 20142 1989-90 392223 106979 1966-67 26260 4375 1978-79 89680 23676 1990-91 461192 131340 1967-68 31137 4355 1979-80 97634 24314 1991-92 527018 143908 1968-69 32716 4721 1980-81 120642 27136 1992-93 611390 162906 1969-70 35775 6104 1981-82 138869 31355 1993-94 707692 193621 1970-71 37891 6649 1982-83 153126 34368 1994-95 834764 251463 Table 13: Components of GDP at factor cost GDP- GDP at factor price; Agri - includes Agriculture, forestry and fishing Mine- includes Mining & Quarrying ; Manufact- Manufacturing EGW- includes Electricity, Gas & Water Supply ; Const- includes construction industry THR- includes Trade, Hotels & Restaurant, transport and communication FIN- includes Finance, Insurance, Real Estate & Business Services Comm - includes Community, Social & Personal Services Note: all values are measured in Rupee crore at 1993-94 prices; Source: National Accoutns Statistics, CSO. Year GDP Agri Mine Manufac EGW Const THR FIN Comm 1996-97:Q1 227678 64156 5486 42923 5714 11075 47469 26679 24176 1996-97:Q2 208391 46470 5334 42834 5674 11223 46035 26988 23833 1996-97:Q3 265118 91763 5953 44040 5929 11490 53615 27400 24928 1996-97:Q4 268894 73702 6597 47214 61266 12665 55816 28928 37906 1997-98:Q1 237041 63727 6010 43141 6109 12137 50956 29806 25155 1997-98:Q2 220498 47091 5891 43543 6238 12062 29683 29683 26357 1997-98:Q3 276434 88825 6597 45334 6248 13073 57952 30531 27874 1997-98:Q4 282424 69740 7168 47670 6628 13936 60087 32764 44431 1998-99:Q1 252023 66038 6303 44501 6732 13202 54586 31372 29290 1998-99:Q2 238745 48964 6156 44884 6581 12868 54669 31773 32848 1998-99:Q3 292893 94101 6735 46057 6634 13609 61990 33230 30537 1998-99:Q4 299085 76990 7197 49137 7040 14710 64512 35516 43983 1999-00:Q1 269336 68875 6359 45878 6925 14066 59126 34689 33419 1999-00:Q2 253076 49281 6441 46582 7131 13814 59206 35288 35334 1999-00:Q3 309605 93363 6900 48019 7003 14616 67275 37062 35368 1999-00:Q4 316424 75464 7570 51510 7343 16245 70209 38825 49258 2000-01:Q1 283119 68754 6615 49877 7332 15851 64482 36281 33927 2000-01:Q2 269840 52144 6616 50179 7361 15196 63363 36461 38521 2000-01:Q3 323296 92881 7127 51769 7697 15675 71787 38001 38488 2000-01:Q4 322431 72098 7571 54237 7547 16099 73748 40168 50963 2001-02:Q1 296330 71704 6524 51484 7496 15665 69441 37893 36124 2001-02:Q2 284388 55817 6681 51889 7637 15216 69035 38273 39841 2001-02:Q3 343314 98621 7470 53704 7729 16338 77580 39837 42036 2001-02:Q4 343799 79121 7870 56604 7831 17343 80849 41730 52452 2002-03:Q1 311588 70863 7314 53689 7769 16873 76024 41469 37588 2002-03:Q2 300422 53180 7377 55509 7883 16746 76288 41963 41476 2002-03:Q3 349433 86681 8053 57542 57542 17639 84842 43228 43395 2002-03:Q4 356924 72670 8441 60904 7956 18655 89813 44803 53682 2003-04:Q1 328764 70930 7645 56982 8000 17992 82117 44126 40971 2003-04:Q2 326997 57001 7682 59333 7970 18161 84196 44981 47673 2003-04:Q3 387969 102458 8527 61546 8296 18787 96330 46384 45642 2003-04:Q4 386819 80224 9341 65539 8561 19879 102915 48227 52133 2004-05:Q1 353717 73612 8170 61458 8489 18896 91553 47202 44337 2004-05:Q2 348867 56984 8044 65045 8695 18990 94536 47461 49112 2004-05:Q3 412779 101915 8912 68005 8657 20143 106756 50201 48190 2004-05:Q4 414045 81668 9574 71205 8784 20694 114295 51955 55870 2005-06:Q1 382533 75068 8434 68409 9160 20383 102917 51132 47030 2005-06:Q2 376878 58110 7952 71045 8984 20388 105844 52147 52408 Table 14 Imports - measured in million US $ WPI - Wholesale price index (base 1981-82 = 100) GDP - Gross domestic product at factor cost measured in Rupee crore Source: RBI website for data on Indian economy https://cdbmsi.reservebank.org.in/cdbmsi/servlet/login/ year Imports WPI GDP year Imports WPI GDP 1970-71 1982.5 35.54924 296278 1986-87 13527.2 129.2 536257 1971-72 2181.7 37.53999 299269 1987-88 14037.6 138.5 556778 1972-73 2167.2 41.30821 298316 1988-89 16488.2 151.5 615098 1973-74 3073.6 49.66228 311894 1989-90 17451.7 168.6 656331 1974-75 4233.6 62.17561 315514 1990-91 18044.4 182.8 692871 1975-76 4652.0 61.50018 343924 1991-92 14085.7 203.4 701863 1976-77 4077.4 62.77995 348223 1992-93 15781.6 225.6 737792 1977-78 5205.4 66.05048 374235 1993-94 17552.7 243.2 781345 1978-79 6240.5 66.05048 394828 1994-95 22726.5 278.775 838031 1979-80 7255.9 77.35514 374291 1995-96 29149.5 301.3248 899563 1980-81 9211.6 91.46818 401128 1996-97 29096.2 315.2016 970082 1981-82 9386.7 100 425073 1997-98 33320.5 329.0784 1016595 1982-83 8970.4 103.5 438079 1998-99 35990.1 348.6546 1082747 1983-84 10637.8 109.8 471742 1999-00 37059.3 360.0534 1148367 1984-85 9862.5 117.5 492077 2000-01 34886.4 385.8246 1198592 1985-86 11988.9 124.5 513990 2001-02 37413.0 399.7014 1267945 Table 15 Employment size - Average number of workers in factory Compensation- Average wage earned by an employee measured in lakhs of Rupees Productivity- Value of output divided by number of workers. Measured in lakhs of Rupees Standard deviation- standard deviation of compensation Source: Annual Survey of Industries- 2003-04, CSO, GOI. Also available online at http://www.mospi.nic.in/mospi_asi.htm Employment size Compensation Productivity Standard Deviation 6-20 0.322 16.106 0.116 21-30 0.474 18.626 0.189 31-40 0.551 22.486 0.137 41-60 0.689 26.069 0.229 61-80 0.714 20.706 0.473 81-90 0.841 68.043 0.365 91-110 0.368 7.736 0.073 110 and above 0.898 31.338 0.573 Table 16 Production- production of a crop is measured in thousand tones Price - Minimum support price measured in Rs per quintal Note: NA -Not Available Source: RBI website giving data on Indian economy ttps://cdbmsi.reservebank.org.in/cdbmsi/servlet/login/ Year Rice Wheat Coarse Cereals Sugarcane production Price production Price production Price production Price 1979-80 NA 95 NA 117 NA 95 NA 12.50 1980-81 53631.7 105 36312.6 130 29017.7 105 154248.0 13.00 1981-82 53248.0 115 37451.8 142 31087.8 116 186357.6 13.00 1982-83 47115.8 122 42793.9 151 27752.1 118 189505.6 13.00 1983-84 60097.3 132 45476.3 152 33907.0 124 174076.2 13.50 1984-85 58336.6 137 44068.8 157 31170.7 130 170319.2 14.00 1985-86 63825.0 142 47051.8 162 26202.1 130 170648.1 16.50 1986-87 60556.8 146 44322.9 166 26830.9 132 186089.5 17.00 1987-88 56862.5 150 46169.4 173 26359.5 135 196736.9 18.50 1988-89 70488.7 160 54110.2 183 31473.6 145 203036.4 19.50 1989-90 73572.6 185 49849.5 215 34756.5 165 225569.2 23.00 1990-91 74291.4 205 55134.5 225 32699.1 180 241045.4 22.00 1991-92 74677.6 230 55689.5 280 25991.4 205 253995.1 26.00 1992-93 72867.7 270 57210.1 330 36590.9 240 228033.4 31.00 1993-94 80298.3 310 59840.3 350 30817.0 260 229659.3 34.50 1994-95 81814.0 340 65767.4 360 29876.2 280 275539.9 39.10 1995-96 76975.3 360 62097.4 380 29032.4 300 281099.5 42.50 1996-97 81736.7 380 69350.2 475 34104.9 310 277560.0 45.90 1997-98 82534.5 415 66345.0 510 30399.9 360 279541.4 48.45 1998-99 86076.7 440 71287.5 550 31335.4 390 288722.4 52.70 1999-00 89682.9 490 76368.9 580 30331.4 415 299323.9 56.10 2000-01 84980.0 510 69680.9 610 31080.0 445 295956.0 59.50 2001-02 93340.0 530 72770.0 620 72770.0 485 297208.0 62.05 2002-03 71820.0 NA 65760.0 NA 26070.0 NA 287383.0 NA Table 17 ConExp- Private Finale Consumption Expenditure in Domestic Market at 1993-94 prices (Rupee crore) Source: National Accounts Statistics Back Series (1950-51 to 1992-93), 2001, CSO, GOI Also available in soft at http://www.mospi.nic.in year Con Exp Time year Con Exp Time year Con Exp Time 1950-51 128612 1 1965-66 212988 16 1980-81 347443 31 1951-52 136787 2 1966-67 215756 17 1981-82 362552 32 1952-53 142307 3 1967-68 227962 18 1982-83 366178 33 1953-54 150862 4 1968-69 233950 19 1983-84 394599 34 1954-55 155811 5 1969-70 242640 20 1984-85 405973 35 1955-56 157301 6 1970-71 250880 21 1985-86 422916 36 1956-57 164259 7 1971-72 255761 22 1986-87 436262 37 1957-58 161014 8 1972-73 257475 23 1987-88 451215 38 1958-59 175796 9 1973-74 263793 24 1988-89 479378 39 1959-60 177795 10 1974-75 263594 25 1989-90 503167 40 1960-61 187909 11 1975-76 278563 26 1990-91 525641 41 1961-62 191112 12 1976-77 284118 27 1991-92 536980 42 1962-63 193602 13 1977-78 307285 28 1992-93 550828 43 1963-64 200804 14 1978-79 326066 29 1964-65 212800 15 1979-80 318753 30 Table 18 Con Exp- Private Finale Consumption Expenditure in Domestic Market at 1993-94 prices (Rupee crore) PDI- Per capita disposable income (Rupee crore) Source: National Accounts Statistics Back Series (1950-51 to 1992-93), 2001, CSO, GOI Also available in soft at http://www.mospi.nic.in Year Con Exp PDI Year Con Exp PDI Year Con Exp PDI 1950-51 128612 8876 1966-67 215756 26260 1982-83 366178 153126 1951-52 136787 9325 1967-68 227962 31137 1983-84 394599 181359 1952-53 142307 9275 1968-69 233950 32716 1984-85 405973 202245 1953-54 150862 10137 1969-70 242640 35775 1985-86 422916 224371 1954-55 155811 9402 1970-71 250880 37891 1986-87 436262 250920 1955-56 157301 9574 1971-72 255761 40126 1987-88 451215 286328 1956-57 164259 11435 1972-73 257475 44431 1988-89 479378 340292 1957-58 161014 11691 1973-74 263793 54741 1989-90 503167 392223 1958-59 175796 13049 1974-75 263594 63642 1990-91 525641 461192 1959-60 177795 13660 1975-76 278563 67810 1991-92 536980 527018 1960-61 187909 14638 1976-77 284118 72330 1992-93 550828 611390 1961-62 191112 15358 1977-78 307285 83635 1962-63 193602 16320 1978-79 326066 89680 1963-64 200804 18552 1979-80 318753 97634 1964-65 212800 21936 1980-81 347443 120642 1965-66 212988 22975 1981-82 362552 138869 Data related to India Table 19 Firmid = Reference for cross sectional firm. There are 8 firms. Each firm is identified by its unique firmid. PAT = Profit after tax measured in Rupee Crore LP = labour productivity index calculated as ratio of sales to total employment. Source: The data is borrowed from Sangeetha 'Impact of Reforms on Performance of Public Enterprises: Evidence from India' PhD thesis (work in progress), Indira Gandhi Institute of Development Research, Mumbai, India Year Firm id PAT LP Year Firm id PAT LP 1982 1 86 0.88 1982 5 -539 0.29 1983 1 87 0.96 1983 5 -704 0.40 1984 1 264 1.61 1984 5 -817 0.58 1985 1 169 1.17 1985 5 -644 0.86 1986 1 239 1.52 1986 5 -490 1.26 1987 1 282 1.83 1987 5 -182 1.89 1988 1 243 2.12 1988 5 1 1.93 1989 1 303 2.74 1989 5 14 2.41 1982 2 -3711 0.75 1990 5 54 2.98 1983 2 -7105 0.77 1982 7 22 0.93 1984 2 -2880 0.73 1983 7 -23 0.75 1985 2 -8160 0.73 1984 7 -9 0.87 1986 2 -6099 0.99 1985 7 5 1.01 1987 2 -8014 1.11 1986 7 14 1.76 1988 2 -11575 1.29 1987 7 20 1.87 1989 2 -11955 1.42 1988 7 -128 1.72 1990 2 -13808 1.31 1989 7 -15 2.90 1982 3 75 2.98 1990 7 134 3.86 1983 3 140 4.15 1982 8 3911 1.38 1984 3 60 4.01 1983 8 -10577 1.51 1985 3 14 3.99 1984 8 -21453 1.56 1986 3 25 3.97 1985 8 410 1.87 1987 3 -25 3.48 1986 8 15905 2.22 1988 3 -106 3.63 1987 8 5281 2.16 1989 3 -19 4.63 1988 8 6327 2.62 1990 3 58 5.13 1989 8 30240 3.51 1988 4 147 5.78 1990 8 19046 3.97 1989 4 33 6.70 1990 4 -210 8.75 Table 20 PCE = Private Final Consumption Expenditure in Domestic Market at 1993-94 prices PGNP = Per capital Gross National Product at 1993-94 prices Both variables are measured in Rupee Crore. Source: National Accounts Statistics Back Series (1950-51 to 1992-93), 2001, Statements S-2 and S-9, Central Statistical Organization, Ministry of Statistics and Programme Implementation, Government of India (GOI). Year PCE PGNP Year PCE PGNP 1950-51 3583 3897 1972-73 4541 5216 1951-52 3748 3929 1973-74 4548 5344 1952-53 3825 3966 1974-75 4445 5304 1953-54 3981 4132 1975-76 4589 5654 1954-55 4037 4226 1976-77 4583 5605 1955-56 4003 4263 1977-78 4847 5891 1956-57 4096 4414 1978-79 5032 6085 1957-58 3937 4273 1979-80 4800 5642 1958-59 4206 4496 1980-81 5117 5920 1959-60 4174 4500 1981-82 5239 6144 1960-61 4330 4728 1982-83 5172 6166 1961-62 4304 4759 1983-84 5458 6491 1962-63 4264 4749 1984-85 5494 6620 1963-64 4328 4883 1985-86 5602 6769 1964-65 4489 5137 1986-87 5658 6900 1965-66 4392 4833 1987-88 5726 6998 1966-67 4359 4785 1988-89 5955 7543 1967-68 4505 5056 1989-90 6121 7885 1968-69 4516 5071 1990-91 6265 8149 1969-70 4587 5289 1991-92 6273 8074 1970-71 4637 5433 1992-93 6317 8330 1971-72 4617 5355