Economy Current Affairs - 2019

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Gujarat tops in private sector investments across India

As per an analysis titled ‘Composition of Outstanding Investments Across States,’ carried out by Assocham, Gujarat has the biggest share of 12.5% in total outstanding private sector investments ((including both domestic and foreign private sectors) across India as of June 2012. As per the analysis top 4 states are:

  1. Gujarat (12.5%)
  2. Odisha (10.7%)
  3. Maharashtra (8.9%)
  4. Andhra Pradesh (8%)

With a share of over Rs 82.9 lakh crore, the private sector accounts for over 59% of the total outstanding investments across India worth over Rs 140 lakh crore as of June 2012.
Kerala, Himachal Pradesh, Jammu and Kashmir, Uttarakhand and Assam have the smallest share of less than 1%.

Month: Categories: National


Trade b/w India, China expected to touch $100 bn by 2015

India is expected to achieve the $100-billion bilateral trade target set with China by 2015. imageThe bilateral trade b/w the two nations was recorded at $75.45 billion in 2011-12. While India’s exports were at $17.90 billion, imports stood at $57.55 billion brought India a trade deficit of $39.65 billion and favored China.

Month: Categories: International