Presented by – Batch-23Team – 51.Supravat Pramanik2.Sourav Das3.Pratip Paul &4.Gunjan Roy Choudhury

Trend of GDP in India over a decade

About GDP

GDP over a decade in India

Recent year’s GDP in India

Effect of demonetization on GDP

Conclusion

Acknowledgement

OVERVIEW

Gross domestic product is the market value of all officially recognised final goods & services produced within a country in a given period of time.

Calculation :Y=C+I+G+(X-M)

Nominal GDP=Current GDP

Real GDP

Base year

PPP(Purchasing Power Parity)

About GDP

GDP over a decade in India

• GDP Annual Growth Rate in India averaged 6.08 percent from 1951 until 2016.

• High of 11.40 percent in the first quarter of 2010.

• Low of 3.5 percent in the first quarter of 2009.

• An indicator of a country’s standard of living.

• GDP per Capita in India is equivalent to 14 percent of the world's average.

• Statistical analysis forecasts about it to 1900 USD for FY’16-FY’17.

GDP over a decade in Indiacontd.

• GDP from Agriculture in India averaged 3899.02 IND Billion from 2011 until 2016.

• High of 5217.45 IND Billion in the fourth quarter of 2014.

• Low of 2715.05 IND Billion in the third quarter of 2011.

• GDP from Manufacturing in India averaged 4136.21 IND Billion from 2011 until 2016.

• High of 4908.33 IND Billion in the first quarter of 2016.

• Low of 3455.83 IND Billion in the fourth quarter of 2011.

Recent year GDP in India

• India’s rank is 150.• The average Indian produces goods and

services worth Rs 8800 per month.

• Economic growth in India gained momentum in the second quarter of fiscal year 2016.

• GDP increased 7.3% annually in the July to September period.

• 7.1% rise recorded in the first quarter.

Recent year GDP in Indiacontd.

• Critical sector of Indian Economy.• India accounts for 7.68 percent of total

global agricultural output.• >58 per cent of the rural households

depend on agriculture as their principal means of livelihood

• One of the high growth sectors.• Ranking among the world’s 10 largest

manufacturing countries.• The GOI has set an ambitious target of

increasing the contribution of manufacturing output to 25 per cent of GDP by 2025.

Demonetization is a radical monetary step in which a currency unit’s status as a legal tender is declared invalid.

1st implemented in India in 1946.

Further announced on 8th Nov,2016.

From Oct,16-Mar,17, GDP growth may be decelerated to 0.5 %,down from 6.4% in the previous 6 months.

Effect of demonetization on GDP

Make introductions.

CONCLUSION

The team is indebted to the Times-pro for providing the infrastructural facilities.

Sincere thanks are due to our sir, Mr. Suvashis Halder , for providing guidance.

Lastly, the co-operation received from the classmates, our loving parents whose moral supports helped us to complete the work & specially all team-members whose equal contribution gave a shape is also acknowledged.

ACKNOWLEDGEMENT