Indian Economy Quick Facts

	The overall growth of Gross Domestic Product (GDP) at factor cost at constant prices, as per Advance Estimates, was 8.6 per cent in 2010-11 representing an increase from the revised growth of 8.0 per cent during 2009-10, according to the Advance Estimate (AE) of Central Statistics Office (CSO).
	Exports from Special Economic Zones (SEZs) in the first quarter of 2010-11 were US$ 12.47 billion 67.8 per cent higher than in the corresponding period of the previous year, according to the Export Promotion Council for Export Oriented Units and SEZs.
	India's foreign exchange (Forex) reserves increased by US$ 1.807 billion to US$ 302.593 billion for the week ended March 4, 2011, according to the Weekly Statistical Bulletin released by the Reserve Bank of India (RBI).
	Core industries grew by 6.8 per cent in February against 4.2 per cent a year ago, boosted by surge in crude oil and finished steel output.
	India has been ranked at the second place in global foreign direct investments in 2010 and will continue to remain among the top five attractive destinations for international investors during 2010-12 period, according to United Nations Conference on Trade and Development (UNCTAD) in a report on world investment prospects titled, 'World Investment Prospects Survey 2009-2012'.
	Spice exports have seen risen three-fold in value terms in the last five years. The Exports of spices and spice products stood at US$ 1.33 billion during the April-February 2010-11.
	The Government has collected an all-time high income tax of US$ 101.27 billion in 2010-11, which is US$ 899.12 million more than the revised budget estimate of US$ 100.37 billion.
	The indirect tax collection for the fiscal year ending March 31, 2011 (provisional) has been US$ 76.51 billion as against the revised Budget estimates of US$ 76.16 billion, registering a growth of 39 per cent in 2010-11 over the previous year.
	The Government will provide an additional US$ 1.33 billion capital to state-owned banks in 2011-12 to help them maintain at least eight per cent capital adequacy ratio in tier-I level.