Budget: revenues $48 billion; expenditures $53 billion, including capital expenditures of $13.6 billion (1989)
Exports: $17.2 billion (f.o.b., 1989); commodities—tea, coffee, iron ore, fish products, manufactures; partners—EC 25%, USSR and Eastern Europe 17%, US 19%, Japan 10%
Imports: $24.7 billion (c.i.f., 1989); commodities—petroleum, edible oils, textiles, clothing, capital goods; partners—EC 33%, Middle East 19%, Japan 10%, US 9%, USSR and Eastern Europe 8%
External debt: $48.7 billion (1989)
Industrial production: growth rate 8.8% (1989)
Electricity: 59,000,000 kW capacity; 215,000 million kWh produced, 260 kWh per capita (1989)
Industries: textiles, food processing, steel, machinery, transportation equipment, cement, jute manufactures, mining, petroleum, power, chemicals, pharmaceuticals, electronics
Agriculture: accounts for about 33% of GNP and employs 67% of labor force; self-sufficient in food grains; principal crops—rice, wheat, oilseeds, cotton, jute, tea, sugarcane, potatoes; livestock—cattle, buffaloes, sheep, goats and poultry; fish catch of about 3 million metric tons ranks India in the world's top 10 fishing nations
Illicit drugs: licit producer of opium poppy for the pharmaceutical trade, but some opium is diverted to international drug markets; major transit country for illicit narcotics produced in neighboring countries
Aid: US commitments, including Ex-Im (FY70-88), $4.2 billion; Western
(non-US) countries, ODA and OOF bilateral commitments (1980-87), $18.6 billion;
OPEC bilateral aid (1979-89), $315 million; USSR (1970-88), $10.0 billion;
Eastern Europe (1970-88), $105 million