How UP has become the growth junction of New India
1 year, 6 months ago

How UP has become the growth junction of New India

Firstpost  

The Infrastructure Investment and Development program of the Uttar Pradesh government is the pioneer of the anecdote of development of New India. In recent data released by the Reserve Bank of India, Uttar Pradesh’s Gross State Domestic Product at current prices was attributed to ₹16.87 lakh crore in 2019-20, whereas Maharashtra and Tamil Nadu had GSDPs of ₹28.18 lakh crore and ₹17.97 lakh crore respectively putting UP at the third position. In the fiscal year 2022, Uttar Pradesh’s gross state domestic product amounted to approximately 18.6 trillion Indian rupees, a substantial increase from seven trillion rupees in 2012. However, recently, UP has recorded a 16.8 per cent increase in state GDP surpassing the national growth rate. The Gross State Domestic Product of 21.74 trillion rupees in 2021-22, Uttar Pradesh holds the rank of India’s third-largest economy.

India Growth Development Uttar Pradesh Investment State Sector Cent Rate Pradesh Msme Uttar Rupees  state  junction  uttar  india  rate  investment  cent  development  sector  growth  rupees  pradesh

History of this topic

Andhra achieves 10.44% growth in GSDP in 2023-24, shows economic survey report
1 month ago

Andhra achieves 10.44% growth in GSDP in 2023-24, shows economic survey report

Hindustan Times  

Andhra Pradesh has registered a growth rate of 10.44% in the gross state domestic product during the financial year 2023-24 but it was 3% less than the growth rate recorded in the previous financial year 2022-23, a report of the socio-economic survey tabled in the state assembly on Monday, said. The growth rate in the GSDP during 2023-24 was 13.5% …

Karnataka's Economic Growth Soars, Outperforming National Average
2 months ago

Karnataka's Economic Growth Soars, Outperforming National Average

Hindustan Times  

Karnataka registers a 10.2% GSDP growth in 2023-24, significantly surpassing the national average of 8.2 per cent. Despite challenges like drought and global IT slowdown, the state's agriculture sector faced negative growth, while its dependence on the IT and hardware sectors made it vulnerable to global economic downturns.

India's industrial output's year-on-year growth increases to 5% in April 2024
6 months, 1 week ago

India's industrial output's year-on-year growth increases to 5% in April 2024

Hindustan Times  

The Index of Industrial Production grew by 5% for April 2024, compared to 4.6% growth during the same month of the previous year. IIP tracks activity in manufacturing, mining, and electricity generation IIP shows the performance of the industrial sector. The IIP figure for April 2024 stood at 147.7 compared to 140.7 in the same month last year, according to …

Infrastructure sectors’ output growth moderates to 5.2% in March
7 months, 3 weeks ago

Infrastructure sectors’ output growth moderates to 5.2% in March

The Hindu  

India’s eight core infrastructure sectors’ output growth moderated to 5.2% in March from an upgraded 7.1% uptick in February, with high growth in Cement and Electricity production offset by contractions in fertilisers and refinery products. However, this also marked the first time in at least 12 years that all eight sectors had recorded annual growth, led by double-digit upticks in …

Bihar Budget: Govt. presents ₹2.79 lakh crore budget, growth rate ‘highest’ in country at over 10%
10 months, 1 week ago

Bihar Budget: Govt. presents ₹2.79 lakh crore budget, growth rate ‘highest’ in country at over 10%

The Hindu  

Amid pandemonium by Opposition legislators, Bihar Deputy Chief Minister Samrat Choudhary, who is also the Finance Minister, on Tuesday presented the ₹2.79 lakh crore Budget in the State Assembly days after the JD-BJP formed the government. Presenting the Budget, Mr. Choudhary said the current financial year 2023-24 saw 2.5 crore people rising above the poverty line in the State. “The …

Modinomics And Rising India
11 months, 3 weeks ago

Modinomics And Rising India

News 18  

The International Monetary Fund recently called India a star performer, with India projected to contribute 16 per cent to global growth. The October 2023 IIP data also showed that the output of primary goods logged an 11.4 per cent growth compared to 2.1 per cent in the year-ago period. Speaking of India’s GDP, real GDP or GDP at constant prices …

India shows an impressive 7.8% economic growth in April-June quarter
1 year, 3 months ago

India shows an impressive 7.8% economic growth in April-June quarter

Associated Press  

NEW DELHI — India’s economy registered impressive growth of 7.8% in the first quarter of the current financial year, attributed to good performance by the agriculture and financial sectors, according to official data released on Thursday. India’s agriculture sector recorded growth of 3.5% in three months, up from 2.4% in the April-June quarter last year, according to the data released …

Delhi’s growth to surpass national average at 9.18%: State economic survey
1 year, 9 months ago

Delhi’s growth to surpass national average at 9.18%: State economic survey

Live Mint  

Gross state domestic product of Delhi may grow 9.18% in the current financial year, while the country’s real GDP is seen around 7%, according to the Delhi Economic Survey 2022-23, presented by state transport and environment minister Kailash Gahlot on Monday. The state nominal GDP is also projected to touch ₹1,043,759 crore in 2022-23 at current prices, a growth of …

Kakani dismisses TD’s criticism, justifies AP’s GSDP growth rate
1 year, 9 months ago

Kakani dismisses TD’s criticism, justifies AP’s GSDP growth rate

Deccan Chronicle  

VIJAYAWADA: Agriculture minister Kakani Govardhan has reiterated the state government’s claim that AP recorded a gross state domestic product growth rate of 16.22 per cent in 2022-23. YSRC MLC Varudu Kalyani lauded Chief Minister Jagan Mohan Reddy for fulfilling 98.5 per cent of his poll promises and wished that he should become the permanent CM for Andhra Pradesh. The legislator …

Andhra Pradesh logs GSDP growth at 16.22% in 2022-23
1 year, 9 months ago

Andhra Pradesh logs GSDP growth at 16.22% in 2022-23

Deccan Chronicle  

VIJAYAWADA: Andhra Pradesh has logged the growth of its gross state domestic product at 16.22 per cent for 2022-23, a rise over the previous fiscal and signifying faster economic growth. Gross value-added growth rate at current prices for agriculture and allied sectors was registered at 13.18 per cent -- with agriculture showing 20.72, horticulture 12.58, livestock 7.32 and fisheries 19.41 …

Maharashtra Economy To Grow 6.8% in 2022-23: State's Economic Survey
1 year, 9 months ago

Maharashtra Economy To Grow 6.8% in 2022-23: State's Economic Survey

News 18  

The Maharashtra Economic Survey, tabled on Wednesday, pegged the state’s economic growth at 6.8 per cent for the current financial year 2022-23. It said that in 2022-23, the state’s agriculture and allied activities sector is expected to grow 10.2 per cent, industry sector by 6.1 per cent and services sector by 6.4 per cent. According to the Economic Survey 2022-23, …

15.6% growth in Telangana state GSDP
1 year, 10 months ago

15.6% growth in Telangana state GSDP

Deccan Chronicle  

Hyderabad: The GSDP of Telangana state for 2022-23 at current prices increased to Rs 13.27 lakh crore, a growth of 15.6 per cent from 2021-22, according to the Telangana Socio Economic Outlook 2023, tabled by the state government in Legislative Assembly on 06-02-2023. In 2018-21, Telangana recorded the highest SOTR growth rate amongst the GS at AAGR of 4.78 per …

State economy clocked 12.01% growth in 2021-22: Economic Review
1 year, 10 months ago

State economy clocked 12.01% growth in 2021-22: Economic Review

The Hindu  

The State economy posted a ‘‘strong recovery’‘ in 2021-22 with the Gross State Domestic product clocking a 12.01% growth at constant prices, the Economic Review 2022 published on Thursday said. The annual growth rate of public debt decreased from 14.34% to 10.16%, and the public debt-GSDP ratio from 25.90% to 24.26% in 2021-22 compared to the previous fiscal. State’s own …

AP records highest GSDP growth rate of 11.43% in country: CM
1 year, 10 months ago

AP records highest GSDP growth rate of 11.43% in country: CM

Deccan Chronicle  

VIJAYAWADA: Chief Minister Y.S. Jagan Mohan Reddy has said AP’s gross state domestic produce witnessed a growth rate of 11.43 per cent, the highest in the country and that this would serve as a role model to other states. Reddy said that, in the last three-and-a-half-years, the government had disbursed Rs 927 crore for the deserving among the Rajaka, Nayi …

How Uttar Pradesh performed in Yogi Adityanath’s first term
2 years, 8 months ago

How Uttar Pradesh performed in Yogi Adityanath’s first term

Hindustan Times  

Yogi Adityanath of the Bharatiya Janata Party is the first chief minister of Uttar Pradesh to return to the position for a consecutive term after serving a full tenure. Economic growth Although Uttar Pradesh makes up 17% of India’s population, it contributes only about half of that share to India’s income. The state’s GDP was 7.9% of India’s GDP between …

Andhra Pradesh heading towards double-digit growth: FM Buggana
2 years, 11 months ago

Andhra Pradesh heading towards double-digit growth: FM Buggana

Deccan Chronicle  

Vijayawada: Andhra Pradesh finance minister Buggana Rajendranath alleged that Telugu Desam misled people by making false propaganda over the state finances and clarified that the state was heading towards double-digit growth. Rajendranath said during the last year of the TDP government in 2018-19, there were no external difficulties for the economy but Andhra Pradesh GSDP growth rate slowed sharply from …

Growth needs steps beyond reforms
3 years, 4 months ago

Growth needs steps beyond reforms

The Hindu  

The Indian economy has travelled through an eventful period through the last three decades. The break with the past came in three important ways: in dismantling the vast network of licences, controls and permits that dominated the economic system; in redesigning the role of the state and allowing the private sector a larger space to operate within, and in abandoning …

Telangana\'s GSDP at Rs 6.63 lakh crore in FY\' 20: Report
4 years, 1 month ago

Telangana\'s GSDP at Rs 6.63 lakh crore in FY\' 20: Report

Deccan Chronicle  

Telangana's real gross state domestic product has grown to Rs 6.63 trillion in 2019-20 from Rs 4.16 trillion in 2014, according to a report by Knight Frank India. This resulted in a compounded annual growth rate of 8.08 per cent, said the report. Telangana IT/ITeS exports contributed a revenue of Rs 1.25 lakh crore during the last fiscal with 18 …

The geography of growth in India
4 years, 4 months ago

The geography of growth in India

Live Mint  

One of the striking features of India’s growth boom since the 1980s has been the concentration of economic activity in a handful of states. Conventional economic theory suggests that poorer states should have grown faster during India’s growth boom since the 1980s. According to Annual Survey of Industries data for 2017-18, a majority of India's factory jobs are clustered in …

Discover Related