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INSTITUTE OF MANAGEMENT,

NIRMA UNIVERSITY
MBA-FT (2016-18)
Macroeconomics
Group Assignment
Part 3

Submitted to
Prof. Nirmal Chandrakant Soni

Submitted By:
Praharsh Dabral(161241)
Harsh Vijay Wargiya(161222)
Aayushi Mangal(161201)
Madhur Agarwal(161228)

Comparison of Madhya Pradesh


with India

GSDP v/s GDP

GDP (In Rs.


GSDP (In Rs. Crores) Crores)

Year

NSDP (In Rs. crores)

NDP (In Rs.


crores)

Per Capita
GSDP (IN Rs.)

Per
Capita
GDP
(IN
Rs.)

2000-01

79203.3

2335777

71010.6

1947788

13231

20363

2001-02

86745

2519637

77521.8

2106928

14208

21658

2002-03

86832

2820795

76661.4

2273456

13935

23069

2003-04

102838.6

3219835

90870.5

2548640

16190

23989

2004-05
Source:

107281.9
3667253
93689.9
2899944
16576 27520
Economic Survey of Madhya Pradesh (2007-08), Dept. of Economics & Statistics, Govt. of MP

30000
25000
20000
Per Capita GSDP (IN Rs.)

15000

Per Capita GDP (IN Rs.)


10000
5000
0
2000-01

2001-02

2002-03

2003-04

2004-05

The GDP and GSDP both show and increasing trend from 2000 to 2005. The lowest being for the
year 2001 and the highest being for 2005. The GSDP has increased very less after declining from
79203.3 in 2000 to 86745 in 2001. Whereas for the year 2002,it has shown a constant trend.
However, the per capita GSDP for the year 2002 has become negative and for the year 2004 it has

increased by only 2.38 percentage. On the other hand, the per capita gdp has been on an increase
with the lowest increase of 3.9 percentage.

Year

GSDP (In US $
Billion)

GDP (In US $ Billion)

Per Capita GSDP (IN US$)

Per Capita GDP (IN US$)

2005-06

28.15

949.1

427

1089.32

2006-07

32.03

1238.7

477

1165.54

2007-08

40.1

1224.1

587

1193.21

2008-09

42.75

1365.4

616

1276.15

2009-10

48.08

1708.5

680

1387.88

2010-11

57.74

1815.87

805

1460.48

2011-12

66.49

1824.96

912

1522.83

2012-13

68.52

1863.2

926

1603.73

2013-14

74.8

2042.44

995

1698.95

2014-15

84.27

2073.54

1121

1805.57

2015-16
Source:

86.32

2,250.99
1188.98
IBEF Madhya Pradesh Economic Report 2016 pp 9-12
http://www.tradingeconomics.com/india/gdp-per-capita

1942

For the year 2005 to 2016 the GDP and GSDP both have shown an increasing trend. However the
lowest percentage increase for GSDP is for the year 2012 i.e 3.05 per cents.Whereas for GDP the
lowest increase would be seen in the year 2011 which is only 0.5 percentages. The per capita GDP
and GSDP both show an increasing trend with both showing an almost same percentage increase
with every successive year.

Primary

Secondary

Tertiary

MP

43

7.8

39.2

INDIA

14

26

60

Source: IBEF Indian Economy Report 2016, pp 13


70
60
50
40

MP

30

INDIA

20
10
0
Primary

Secondary

Tertiary

As it can be seen that GDP is retrieved mostly from the tertiary sector then from secondary and
lastly from primary sector. However, when we see the GSDP the scenario is quite the opposite as
in M.P the GSDP is mainly because of the primary and tertiary sector and the least contribution
is by the secondary sector.

Employment as per Rural and Urban area.


Year
Male
1999-2000
2004-2005
Female
1999-2000
2004-2005

Madhya Pradesh
India
Rural
Urban
Rural
Urban
53.6
48.8
53.1
51.8
54.3
51.3
54.2
54
Rural
Urban
Rural
Urban
38.2
13.4
29.8
13.9
37.2
14.3
31.5
15

Source: Madhya Pradesh Development Report, Planning Commission India, 2000-2007

Work Participation Rate

Year

Madhya
Rural

1999-2000
2004-2005

Prad
esh
India
Urba
Urba
n
Rural n
46.2 31.9 41.7 33.7
45.9 34.7 43.9 33.7

Madhya Pradesh Development Report, Planning


Commission India, 2000-2007

Source:

Employment Share by Sector


Sector
Primary
Secondary
Tertiary
Source:

MP
INDIA
69.1
57
7.5
12.4
8.2
24.1
Madhya Pradesh Development Report, Planning Commission India, 2000-2007