: : : Mideast Portfolio Management Ltd - NRI Investment Consultancy : : :

In recent global financial crisis, India continues to grow at 7.1 percent, making it as the second fastest growing economy in the world after china. India's economy grew at 9 per cent for last three years.
The country's per capital income grew at 7.4 per annum for four years
The gross domestic savings rate stood at 37.7 per cent during 2007-08
The investment as a percentage of GDP rose to 39 per cent in 2007-08
The tax to GDP ratio stood at 12.5 per cent in 2007-08
Revenue deficit as percentage of GDP fell to 1.1 per cent under the UPA regime.
The fiscal deficit stood at 2.7 per cent in 2007-08 as compared to 4.5 per cent in FY04.
Farm growth stood at 3.7 per cent in the last four years
Foreign trade was at 35.5 per cent of GDP during 2007-08
Capital inflows stood at 9 per cent of GDP during 2007-08




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		Date: February 16, 2009 Ref. No. MPML/PMS/217/2009 India is Growing The UPA govt. led by finance minister unveils India's economic growth in last 5 years. Following are some of the highlights of India's growth and economic indicators. In recent global financial crisis, India continues to grow at 7.1 percent, making it as the second fastest growing economy in the world after china. India's economy grew at 9 per cent for last three years. The country's per capital income grew at 7.4 per annum for four years The gross domestic savings rate stood at 37.7 per cent during 2007-08 The investment as a percentage of GDP rose to 39 per cent in 2007-08 The tax to GDP ratio stood at 12.5 per cent in 2007-08 Revenue deficit as percentage of GDP fell to 1.1 per cent under the UPA regime. The fiscal deficit stood at 2.7 per cent in 2007-08 as compared to 4.5 per cent in FY04. Farm growth stood at 3.7 per cent in the last four years Foreign trade was at 35.5 per cent of GDP during 2007-08 Capital inflows stood at 9 per cent of GDP during 2007-08 India is growing even in this Global financial turmoil. India is now second largest growing economy in the world. Read More Articles...