Wednesday, March 15, 2017

GDP Growth and Employment Growth Issue in India




GDP Growth in India


Net Investment will determine the GDP growth and employment growth in a country,

In the year 2013-14, GDP at factor prices is Rs. 10472807 crore and NDP at factor prices is Rs. 92,99,345 crore, showing that depreciation is  Rs.  1173462 crore.
https://books.google.co.in/books?id=rhjqBQAAQBAJ&pg=PA198#v=onepage&q&f=false

33.68 lakh crore is gross fixed capital formation during 2013-14. Hence we can take net capital formation as 22 lakh crore approximately. What should be the employment generated by this net investment. If we take 5 jobs are created for one crore investment, 110 lakh jobs must be created by 22 lakh crore investment. Are we seeing this sort of job creation in the country?
http://pib.nic.in/newsite/PrintRelease.aspx?relid=115294  Advance estimates of GDP for the year 2014-15.


Reviving growth in India
2015 seminar proceedings
https://books.google.co.in/books?id=pIlsCQAAQBAJ

Role of Capital in India’s Economic Growth: Capital Stock versus Capital Services
http://www.iariw.org/papers/2014/ErumbanPaper.pdf

http://planningcommission.nic.in/data/datatable/


China - total investment as % of GDP  1982 to 2015
https://www.quandl.com/data/ODA/CHN_NID_NGDP-China-Total-Investment-of-GDP

WHY DOES CHINA INVEST SO MUCH?
John Knight and Sai Ding
Number 441
July 2009
http://www.economics.ox.ac.uk/materials/working_papers/paper441.pdf


Employment Growth in India


Employment Statistics India - 12 Five Year Plan - 2012 -17


Updated 18 March 2017, 16 July 2016

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