Publication:
India Economic Update, March 2012

dc.contributor.authorWorld Bank
dc.date.accessioned2017-06-13T15:34:49Z
dc.date.available2017-06-13T15:34:49Z
dc.date.issued2012-03
dc.description.abstractIn 2011, India's economic growth has slowed to below 7 percent and the stock markets mirrored the weakening economic conditions, but recovered somewhat in early 2012. Industrial sector output growth briefly slipped into negative territory. On the demand side, fixed investment and consumption growth slowed. India's exports were growing very strongly through 2011 despite the worsening economic conditions in Europe, which continued to be India's most important export market. The balance of payments continued to be in surplus during April-September 2011, but the Reserve Bank of India (RBI) reserves declined by a small amount since then. The rupee nevertheless depreciated by 20 percent between August and December, before recovering somewhat in early 2012. Macroeconomic policies presented a mixed picture: the central government is likely to miss the ambitious target for fiscal consolidation it had set in the FY2011-12 budget by about one percent of Gross Domestic Product (GDP). Slippages are due to lower-than-expected revenues and increasing outlays on subsidies, which had been given low budgetary allocations in anticipation of strong policy changes, which failed to materialize. In India, the slowdown in GDP growth witnessed over the last two quarters is likely to extend into the coming fiscal year because of the weakness in investment. In FY2011-12 and FY2012-13, GDP growth is forecast to reach around 7-7.5 percent, a significant slowdown from the 9-10 percent growth in the run-up to the global financial crisis. The slowdown is at least partly caused by structural problems (power projects facing delays due to the lack of coal and gas feedstock, mining and the telecom sectors hit by corruption scandals, unavailability of land and infrastructure).en
dc.identifierhttp://documents.worldbank.org/curated/en/473351468041693830/India-economic-update
dc.identifier.doi10.1596/27071
dc.identifier.urihttps://hdl.handle.net/10986/27071
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectACCOUNTING
dc.subjectAGGREGATE DEMAND
dc.subjectAGRICULTURE
dc.subjectAUCTIONS
dc.subjectBALANCE OF PAYMENTS
dc.subjectBALANCE OF PAYMENTS CRISIS
dc.subjectBANK CREDIT
dc.subjectBANK LOANS
dc.subjectBANKING SECTORS
dc.subjectBASE YEAR
dc.subjectBASIS POINTS
dc.subjectBENCHMARK
dc.subjectBIDS
dc.subjectBOND ISSUANCE
dc.subjectBORROWING COSTS
dc.subjectBROAD MONEY
dc.subjectCAPITAL ACCOUNT
dc.subjectCAPITAL ACCOUNT RESTRICTIONS
dc.subjectCAPITAL ACCOUNT TRANSACTIONS
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL GAINS
dc.subjectCAPITAL INFLOW
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL SHARE
dc.subjectCDS
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BANK BILLS
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMODITY PRICE
dc.subjectCOMMODITY PRICES
dc.subjectCOMPETITIVENESS
dc.subjectCOMPLIANCE GAPS
dc.subjectCONSUMER DURABLES
dc.subjectCONSUMER GOODS
dc.subjectCONSUMER PRICE INDEX
dc.subjectCORPORATE SAVINGS
dc.subjectCREDIT DEFAULT
dc.subjectCREDIT DEFAULT SWAPS
dc.subjectCREDIT GROWTH
dc.subjectCREDIT RATINGS
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectDEBT
dc.subjectDEBT ISSUES
dc.subjectDEFICITS
dc.subjectDEVALUATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDIRECT INVESTMENT
dc.subjectDISBURSEMENT
dc.subjectDISINFLATION
dc.subjectDOLLAR PRICES
dc.subjectDOMESTIC CREDIT
dc.subjectDOMESTIC MARKET
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC DEVELOPMENTS
dc.subjectECONOMIC EXPANSION
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC POLICIES
dc.subjectECONOMIC RESEARCH
dc.subjectEMERGING ECONOMIES
dc.subjectEMERGING MARKET
dc.subjectEMERGING MARKET COUNTRIES
dc.subjectEMERGING MARKET ECONOMIES
dc.subjectEMERGING MARKETS
dc.subjectENABLING ENVIRONMENT
dc.subjectENFORCEMENT MECHANISM
dc.subjectEQUITY FINANCING
dc.subjectEQUITY FLOWS
dc.subjectEQUITY INVESTMENT
dc.subjectEQUITY INVESTMENTS
dc.subjectEQUITY MARKETS
dc.subjectEXCESS LIQUIDITY
dc.subjectEXCHANGE CONTROLS
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURE
dc.subjectEXPORT GROWTH
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXTERNALITIES
dc.subjectFINANCIAL CRISES
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL AUTONOMY
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL POLICIES
dc.subjectFIXED INVESTMENT
dc.subjectFORECASTS
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE MARKET
dc.subjectFOREIGN EXCHANGE MARKETS
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTORS
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGLOBAL TRADE
dc.subjectGOVERNMENT ACCOUNTS
dc.subjectGOVERNMENT BANK
dc.subjectGOVERNMENT BOND
dc.subjectGOVERNMENT BOND YIELDS
dc.subjectGOVERNMENT BONDS
dc.subjectGOVERNMENT DEFICIT
dc.subjectGOVERNMENT FINANCES
dc.subjectGOVERNMENT INTERVENTION
dc.subjectGOVERNMENT REVENUE
dc.subjectGROSS MARGIN
dc.subjectGROSS NATIONAL SAVINGS
dc.subjectGROWTH PROJECTIONS
dc.subjectGROWTH RATE
dc.subjectHOLDING
dc.subjectHOUSEHOLD SAVINGS
dc.subjectHUMAN CAPITAL
dc.subjectINCOME
dc.subjectINCOME GROUPS
dc.subjectINCOME LEVEL
dc.subjectINCOME TAX
dc.subjectINDEX NUMBERS
dc.subjectINFLATION
dc.subjectINFLATION INDICES
dc.subjectINFLATION RATE
dc.subjectINFLATION RATES
dc.subjectINFLATIONARY EXPECTATIONS
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectINSURANCE
dc.subjectINSURANCE PREMIUM
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL MARKET
dc.subjectINVENTORIES
dc.subjectINVESTMENT PORTFOLIO
dc.subjectINVESTMENT RATE
dc.subjectINVESTOR CONFIDENCE
dc.subjectINVESTOR PERCEPTIONS
dc.subjectLEVEL OF INFLATION
dc.subjectLEVEL PLAYING FIELD
dc.subjectLEVIES
dc.subjectLEVY
dc.subjectLIQUIDITY
dc.subjectLIVING STANDARDS
dc.subjectLOAN
dc.subjectLOCAL CURRENCY
dc.subjectLONG-TERM CAPITAL
dc.subjectM1
dc.subjectM3
dc.subjectMARKET FAILURES
dc.subjectMARKET INTEREST RATE
dc.subjectMARKET PRICES
dc.subjectMONETARY POLICY
dc.subjectMONEY SUPPLY
dc.subjectNATIONAL SAVINGS
dc.subjectOIL PRICE
dc.subjectOIL PRICES
dc.subjectOPEN MARKET
dc.subjectOPEN MARKET OPERATIONS
dc.subjectOVERHEAD COSTS
dc.subjectOVERVALUATION
dc.subjectPER CAPITA INCOME
dc.subjectPER CAPITA INCOMES
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL ECONOMY OF REFORM
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO FLOWS
dc.subjectPORTFOLIO INVESTMENT
dc.subjectPORTFOLIO INVESTMENTS
dc.subjectPRIME LENDING RATE
dc.subjectPRIVATE CREDITORS
dc.subjectPRIVATE INVESTMENT
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY INCREASES
dc.subjectPROFIT MARGIN
dc.subjectPROFIT MARGINS
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENTS
dc.subjectPUBLIC SAVINGS
dc.subjectPUBLIC STOCKS
dc.subjectPURCHASING POWER
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL EXCHANGE RATES
dc.subjectREAL GDP
dc.subjectREAL INCOME
dc.subjectREAL INTEREST
dc.subjectREAL INTEREST RATE
dc.subjectREAL INTEREST RATES
dc.subjectREGULATORY FRAMEWORK
dc.subjectREMITTANCES
dc.subjectREPO
dc.subjectREPO RATE
dc.subjectRESERVE
dc.subjectRESERVE REQUIREMENTS
dc.subjectRESERVES
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectSAVINGS RATE
dc.subjectSECONDARY MARKET
dc.subjectSECURITIES
dc.subjectSETTLEMENT
dc.subjectSHORT-TERM CAPITAL
dc.subjectSOVEREIGN BOND
dc.subjectSTATISTICAL ANALYSES
dc.subjectSTOCKS
dc.subjectSURPLUS LABOR
dc.subjectSYSTEMS ANALYSIS
dc.subjectTAX
dc.subjectTAX COLLECTION
dc.subjectTAX EXEMPTIONS
dc.subjectTAX RATES
dc.subjectTAX REVENUES
dc.subjectTAX SYSTEM
dc.subjectTAXATION
dc.subjectTOTAL COSTS
dc.subjectTOTAL DEBT
dc.subjectTRADE BALANCE
dc.subjectTRADE DEFICIT
dc.subjectTRADE REGIME
dc.subjectTRADING
dc.subjectTRANSPARENCY
dc.subjectTREASURIES
dc.subjectTROUGH
dc.subjectTURNOVER
dc.subjectUNDERVALUATION
dc.subjectUNEMPLOYMENT
dc.subjectWAGES
dc.subjectWHOLESALE PRICE INDEX
dc.subjectWHOLESALE PRICES
dc.titleIndia Economic Update, March 2012en
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleIndia Economic Update, March 2012
okr.date.disclosure2012
okr.date.doiregistration2025-05-07T11:06:15.705313Z
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/473351468041693830/India-economic-update
okr.guid473351468041693830
okr.identifier.externaldocumentum000386194_20120604031449
okr.identifier.internaldocumentum16322055
okr.identifier.report69403
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/473351468041693830/pdf/694030WP00PUBL0mic0Updata0March2012.pdfen
okr.region.administrativeSouth Asia
okr.region.countryIndia
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Currencies and Exchange Rates
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.topicPrivate Sector Development::Emerging Markets
okr.unitEconomic Policy and Poverty, SAR
Files
Original bundle
Now showing 1 - 2 of 2
Loading...
Thumbnail Image
Name:
694030WP00PUBL0mic0Updata0March2012.pdf
Size:
1.85 MB
Format:
Adobe Portable Document Format
No Thumbnail Available
Name:
694030WP00PUBL0mic0Updata0March2012.txt
Size:
130.6 KB
Format:
Plain Text
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description: