GDP = C + I + G + (X-M),
“C” stands for consumption,
“I” stands for business investment,
“G” stands for the total government expenditures,
X” stands for gross exports which includes all goods and services produced for overseas consumption ,
“M” stands for gross imports.
DOMESTIC CREDIT TO PRIVATE SECTOR (% OF GDP) IN INDIA WAS LAST MEASURED AT 51.12 IN 2014, ACCORDING TO THE WORLD BANK.
Government owns a share of 51 % or more is mostly regarded as a company belonging to the public sector.
