rbi speech, 2006-11-07
Reflecting the sustained growth since the early 1990s, gross invisible receipts (i.e., services, transfers and income taken together) have expanded sharply from 2.4 per cent of GDP in 1990-91 to 11.5 per cent in 2005-06, outpacing the growth in merchandise exports (which increased from 5.8 per cent of GDP to 13.1 per cent over the same period).
Sentiment: neutral
Topic: mp_economic_activity