| STATE INCOME |
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3.1.0
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The
advance estimates of State Domestic Product for the year 2003-2004
indicate that during the year the Gross State Domestic Product (GSDP)
of Assam is expected to grow by 6.0 per cent at constant (1993-94)
prices and by 10.2 per cent at current prices. At national level the
growth of GDP during 2003-2004 is expected to be 8.1 per cent at constant
(1993-94) prices and 11.9 per cent at current prices as revealed from
the advance estimates released by the Central Statistical Organisation.
As per the advance estimates the per capita NSDP (i.e. Per Capita
Income) of Assam is likely to attain the level of Rs.6403 at constant
(1993-94) prices and Rs.12593 at current prices during 2003-2004 while
at national level the per capita income is estimated at Rs.11684 at
constant (1993-94) prices and Rs.20860 at current prices during the
same period. |
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3.1.1
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The
quick estimates of the Gross State Domestic Product (GSDP) of Assam
for 2002-2003 shows that the growth of GSDP at constant (1993-94)
prices has increased by 3.94 per cent during the year as against increase
of 3.23 per cent in 2001-2002 (Provisional Estimates). At current
prices the same has increased by 7.79 per cent in 2002-2003 (Q) as
against 4.44 per cent increase in 2001-2002 (P). The Primary Sector
registered a negative growth of (-) 1.6 per cent during 2002-2003
(Q) over the previous year in real terms while the Construction Sector
in the State registered a positive growth of 16.7 per cent, which
resulted a growth of 9.7 per cent in Secondary Sector during the aforesaid
period. The Tertiary Sector registered a positive growth of 6.6 per
cent during the year. The quick estimates of GSDP of Assam in 2002-2003
(Q) at constant (1993-94) prices has been estimated at Rs.19121.44
crore as against Rs.18397.33 crore in 2001-2002 (P). At current prices,
GSDP in 2002-2003 (Q) is estimated at Rs.35431.42 crore as against
Rs.32872.31 crore in 2001-2002 (P). |
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According
to the Quick Estimates released by the Central Statistical Organization
(CSO), the Gross Domestic Product (GDP) at National level at constant
(1993-94) prices has grown by 4.0 per cent during 2002-2003. As per
the said estimates the Agriculture and allied sector has declined
by 4.0 per cent, mainly due to the draught conditions prevailed in
the country during the aforesaid period while the Secondary and Tertiary
Sectors has shown a growth of 6.2 per cent and 7.1 per cent respectively.
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Click Here to view table3.1 |
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Click here to view the Graphical Represantation of Sectoral
Composition of NSDP at Current Prices |
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Click here to view the Graphical Represantation of Sectoral
Composition of National Income(GDP) and State Income(GSDP) in 2002-03
at Current Prices |
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Click here to view the Graphical Represantation of Net State
Domestic Product(NSDP) at Factor Cost by Industry of Origin of Assam |
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Click here to view the Graphical Represantation of Per Capita
Income of NSDP of Assam |
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Click here to view the Graphical Represantation of Per Capita
Income of NSDP and India on NNP at Constant (1993-94) Prices |
3.1.2
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The
Net State Domestic Product (NSDP) of Assam in real terms i.e. at 1993-94
prices has been estimated at Rs.16784.61 crore in 2002-2003 (Q) as
against Rs.16155.32 crore in 2001-2002 (P) and Rs. 15670.90 crore
in 2000-2001. Thus, the NSDP registered a growth of 3.90 percent in
2002-2003 over 2001-2002 as against a growth of 3.09 per cent witnessed
in 2001-2002 over 2000-2001. At current prices the same was Rs.31720.80
crore in 2002-2003 (Q) as against Rs.29419.22 crore in 2001-2002 (P)
and Rs.28262.14 crore in 2000-2001. The growth rate at current prices
in 2002-2003 was 7.82 per cent in comparison to 4.09 per cent growth
witnessed in 2001-2002 (P). The annual compound growth rate of NSDP
during the period from 1993-94 to 2002-2003 has been worked out at
10.25 per cent at current prices and 2.29 per cent at constant (1993-94)
prices. |
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3.1.3
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The
Per Capita Net State Domestic Product (NSDP) i.e., the Per Capita
Income of Assam at constant price (1993-94) has been worked out at
Rs.6220 in 2002-2003 (Q) as against Rs.6059 in 2001-2002 (P) and Rs.5943
in 2000-2001. At current prices the same was Rs.11755 in 2002-2003
(Q) as against Rs.11034 in 2001-2002 (P) and Rs.10718 in 2000-2001.
Thus, the Per Capita Income at constant prices (1993-94) showed an
increase of 2.66 per cent in 2002-2003 (Q) over 2001-2002 (P) as against
the increase of 1.95 per cent in 2001-2002 over 2000-2001. At current
prices the same recorded an increase of 6.53 per cent in 2002-2003
(Q) over 2001-2002 (P) as against 2.95 per cent increase in 2001-2002
(P) over 2000-2001. |
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The
Table-3.2 shows
the Per Capita Income of Assam and India during the period from 1980-81
to 2002-2003. |
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It
would be evident from Table-3.2 that in respect of Per Capita Income,
Assam continued to lag behind the Per Capita Income at National level
in every year under reference in the table. Another noticeable feature
in this regard is that the gap between the Per Capita Income of Assam
and India is widening in every subsequent years. During 2002-2003
(Q) the Per Capita Income of Assam stood at Rs.11755 at current prices
and Rs.6220 at constant (1993-94) prices and during the same period
the Per Capita Income for the country as a whole was Rs.18912 at current
prices and Rs.10964 at constant (1993-94) prices. As per Quick Estimate
the Per Capita Income of Assam showing an increase of 6.53 per cent
at current prices and 2.7 per cent at constant (1993-94) prices during
2002-2003 over that of previous year. The movement of GSDP and NSDP
of Assam at Factor Cost by Industry of origin along with Per Capita
Income at current and constant prices may be seen from the Tables
at Appendix. |
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3.1.4
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An
analysis of the Sectoral contribution by broad groups reveals that
during 2002-2003 (Q) the contribution of Primary, Secondary and Tertiary
Sectors to the total Net State Domestic Product of the State at current
prices stands at 38.72 per cent, 16.16 per cent and 45.12 per cent
respectively. During the same year, the contribution of Primary, Secondary
and Tertiary Sectors at constant (1993-94) prices have been found
to be 38.69 per cent, 15.26 per cent and 46.05 per cent respectively.
While in 2001-2002 (P), the contribution were 41.00 per cent for Primary
Sector, 14.99 per cent for Secondary Sector and 44.01 per cent for
Tertiary Sector at current prices and 41.06 per cent, 14.21 per cent
and 44.73 per cent respectively at constant prices. |
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The
share of the entire Sectors to the total NSDP of the State during
2002-2003 (Q) are shown in the Table-3.3 |
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The
Sectoral composition of the State’s economy has undergone considerable
changes during 1992-93 to 2002-2003 as revealed from the movements
of the SDP of the State. During this period, the share of Primary
Sector has declined from 51.45 per cent to 38.72 per cent. On the
other hand, the share of Secondary Sector has increased from 12.84
per cent to 16.16 per cent and Tertiary Sector has also increased
from 35.71 per cent to 45.12 percent over the same period. The increasing
share of Secondary and Tertiary Sectors is due to faster rate of development
in these two Sectors in comparison to the development in the Primary
Sector. |
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The
contribution of Agricultural Sector to the total NSDP of the State
is found to be dwindling over the years. During 2002-2003 (Q), 2001-2002
(P) and 2000-2001 the share of this Sector were 30.34 per cent, 31.69
per cent and 34.45 per cent respectively at current prices and 29.60
per cent, 31.43 percent and 32.46 per cent respectively at constant
(1993-94) prices. |
