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Explore the fiscal deficits as a percentage of GDP and its impact on the growth of the Indian economy. Analyze the savings and investment trends and key fiscal ratios for the year 2004-05.
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1. Fiscal Deficits (% of GDP at current market prices) Source: RBI, Handbook of Statistics on the Indian Economy, 2005-06
3. Savings and Investment (% of GDP at current market price) • Note: For 1985-90 and 1995-96, base year is 1993-94. For 2001-02 and 2004-05, base year is 1999-00. • Source: CSO website • (http://mospi.nic.in/mospi_cso_rept_pubn.htm ) • (http://mospi.nic.in/mospi_press_releases.htm )
4. Key Fiscal Ratios (As % of GDP) * Data are for 2004-05 (2005-06 not available yet). Source: RBI, Handbook of Statistics on the Indian Economy, 2005-06