Gross State Domestic Product News
Here is the Gross State Domestic Product at current prices of various States from 2011-12 to 2017-18.
The quick estimates for the year 2017-18 revealed that primary sector accounts for 9.95 percent, secondary sector 53.23 percent and tertiary sector 36.82 percent.
The new BJP-led government in Goa today presented its first budget that targeted an economic growth of 11 per cent in 2017-18 and laid special focus on agriculture, social security and education.
The government on Wednesday approved fiscal deficit target of 3 percent for states, as recommended by the 14th Finance Commission for the 2015-20 period.
Bihar has emerged as the fastest growing state in terms of gross state domestic product (GSDP), clocking a growth rate of 17.06 percent in FY 2014-15, while Maharashtra grew by 11.69 percent to become the biggest state with Rs 16.87 trillion economy, says a report.
Andhra Pradesh's economy grew 6.94 percent during the first half of the 2014-15 fiscal, which is more than the national average of 5.52 percent, according to an official release issued here Friday.
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