INDIA - GDP at Constant Prices - 2004 - 2014 - 2024 - A Comparison

 

INDIA - GDP at Constant Prices

2004 - 5.48038E+13 =  Rs. 54.80 lakh crore.

2014 - 1.05277E+14  = Rs. 105.27 lakh crore.

2024 -  ₹171.79 lakh cr.

2014/2004 = 1.921

2024/2014 = 1.631   - Reason for problem of price rise and unemployment.

Congress wrote about it in its manifesto.

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India’s GDP in 1990-91 was approximately 25 lakh crore in constant prices. In 13 years, first under a Congress government and later under coalition governments, the GDP doubled and reached a value of 50 lakh crore in 2003-04. In 10 years under the UPA, the economy doubled again and the GDP was at 100 lakh crore in 2013-14. A 100 lakh crore economy was inherited by the BJP/NDA government but it wasted the golden opportunity. If the UPA had continued in office, the economy would have doubled again and stood at 200 lakh crore in 2023-24. 

Alas, due to the BJP’s mismanagement, the GDP will reach a level of only 173 lakh crore by the end of 2023-24 falling short of a target that was unachievable.

The Congress is committed to rapid growth and generation of wealth. We have set a target of doubling the GDP in the next 10 years.

Economic Policy - Congress Party 2024 Lok Sabha Election Manifesto

https://guide-india.blogspot.com/2024/04/economic-policy-congress-party-2024-lok.html

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India IND GDP (constant LCU) NY.GDP.MKTP.KN

1960 7.37044E+12 7.64482E+12 7.8689E+12 8.34059E+12 8.96221E+12

1965 8.72598E+12 8.72116E+12 9.40367E+12 9.72226E+12 1.03581E+13

1970 1.08923E+13 1.10712E+13 1.101E+13                   1.13728E+13 1.15076E+13

1975 1.25605E+13 1.27694E+13 1.36958E+13 1.44782E+13 1.37198E+13

1980 1.46439E+13 1.55235E+13 1.6063E+13 1.72339E+13 1.78923E+13

1985 1.88324E+13 1.9732E+13 2.05144E+13 2.24895E+13 2.3827E+13

1990 2.51455E+13 2.54112E+13 2.68044E+13 2.80778E+13 2.99475E+13

1995 3.22158E+13 3.4648E+13 3.60512E+13 3.82807E+13 4.16669E+13

2000 4.32674E+13 4.53546E+13 4.70798E+13 5.07805E+13 5.48038E+13

2005 5.91461E+13 6.39138E+13 6.88101E+13 7.0934E+13 7.65108E+13

2010 8.30123E+13 8.73633E+13 9.21302E+13 9.80137E+13 1.05277E+14

2015 1.13695E+14 1.23082E+14 1.31446E+14 1.39929E+14 1.45346E+14

2020 1.36871E+14 1.49258E+14 1.60064E+14

https://data.worldbank.org/indicator/NY.GDP.MKTP.KN?locations=IN

2014 - 1.05277E+14  = Rs. 105.27 lakh crore

2004 - 5.48038E+13 =  Rs. 54.80 lakh crore

2014/2004 =  1.921

Real GDP or GDP at Constant (2011-12) Prices in the year 2023-24 is estimated to attain a level of ₹171.79 lakh crore, as against the Provisional Estimate of GDP for the year 2022-23 of ₹160.06 lakh crore, released on 31st May, 2023. The growth in real GDP during 2023-24 is estimated at 7.3 per cent as compared to 7.2 per cent in 2022-23.

https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1993550   

2014 -  Rs. 105.27 lakh crore.  = 1.05277E+14

2024 -  ₹171.79 lakh cr

2024/2014 = 1.631

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Stock Market

March 2004 - 1771.90

31.3.2014

The CNX Nifty  settled at 6,704.20, a record closing high.

https://www.business-standard.com/article/news-cm/sensex-vaults-almost-6-in-march-2014-114033100628_1.html

31.3.2024 - 22,326.90

https://in.investing.com/indices/s-p-cnx-nifty-historical-data?end_date=1577817000&st_date=946665000&interval_sec=monthly

Stock market 2014 -2004   6704.20/1771.90 = 3.783

Stock market 2024 - 2014  22,326.90/6,704.20 = 3.330

Updated: 01 Apr 2024, 03:39 PM IST

 Market Close Highlights:  Nifty at 22,460; 

https://www.livemint.com/market/live-blog/sensex-today-share-market-live-updates-nifty50-tata-share-reliance-irfc-suzlon-hdfc-1-april-2024-bharti-hexacom-ipo-11711938888664.html