Data Glossary

The interest rate at which the Reserve Bank of India lends money to commercial banks. Currently 6.50%.

The interest rate at which the RBI borrows money from commercial banks. Currently 3.35%.

Gross Domestic Product — the total value of all goods and services produced in India. Currently 7.7% growth.

Consumer Price Index — measures the average change in prices paid by consumers for goods and services. Currently 1.7%.

The difference between government earnings and spending. Currently 4.9% of GDP.

The rate at which prices for goods and services rise, reducing purchasing power. Currently 1.7%.

The process by which the RBI controls the supply of money to achieve economic goals like controlling inflation.

The use of government spending and taxation to influence the economy.

The percentage of the labor force that is unemployed. Currently 3.2%.

The economic growth potential that results from a young, working-age population. India's median age is 28.4 years.

The movement of people from rural to urban areas. Currently 36% of Indians live in cities.

The age that divides the population into two equal halves. India's median age is 28.4 years.

The percentage of people who can read and write. India's literacy rate is 77.7%.

The number of people per square kilometer. India's population density is approximately 480 people per sq km.

Gross State Domestic Product — the total value of goods and services produced in a state.

The average income earned per person in a state or country. India's national average is ₹2.15 lakh.

The percentage of people living below the poverty line. India's national average is 14.2%.

The average number of years a person is expected to live. India's life expectancy is 70.2 years.

The total spending on healthcare as a percentage of GDP. India spends 2.1% of GDP on health.

The number of infant deaths per 1,000 live births. India's IMR is 32 per 1,000.

The number of maternal deaths per 100,000 live births. India's MMR is 97 per 100,000.

The percentage of children receiving full immunization. India's coverage is 93%.

The total production of food grains like rice, wheat, pulses. India produces 330 MT annually.

The guaranteed price at which the government buys crops from farmers to protect their income.

A government scheme providing ₹6,000 per year to eligible farmers as direct income support.

The artificial application of water to land for agriculture. Currently 50% of India's land is irrigated.

An international financial institution that provides loans and grants to developing countries for development projects.

International Monetary Fund — an organization that works to foster global monetary cooperation and financial stability.

A country with rapid economic growth and industrialization, like India, China, and Brazil.