U.P’s GSDP projected at ₹27.51 lakh crore: Khanna
4 months, 3 weeks ago

U.P’s GSDP projected at ₹27.51 lakh crore: Khanna

Hindustan Times  

Uttar Pradesh government on Thursday informed the state legislative assembly that 4,952 proposals involving investment of ₹1.81 lakh crore have begun commercial operations in the state. Minister for parliamentary affairs Suresh Khanna said state’s industrial growth rate was 22.09 percent. He said UP’s GSDP is estimated to be ₹24.99 lakh crore while the union government has projected the state’s GSDP to be ₹27.51 lakh crore. Minister for industrial development Nand Gopal Gupta ‘Nandi’ though initially replied to her question and gave a detailed sector wise breakup of the investment made in the state, she was not satisfied and then Khanna rose to speak on the issue. He said the Samsung India’s mobile displaying unit was still functioning in the state and the state government was giving incentives to all the industrial units as promised.

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History of this topic

U.P.’s GST revenue grows 15%, surpassing national average
1 week ago

U.P.’s GST revenue grows 15%, surpassing national average

Hindustan Times  

Uttar Pradesh has recorded impressive consumer spending trends, with a 15% growth in Goods and Services Tax revenue until November, surpassing the national average of 13%. U.P.’s GST revenue for the period reached ₹56,687 crore, up from ₹49,282 crore during the same period last year. are spending at levels comparable to, or in some cases higher than, residents of more …

TN's contribution to Indian economy better, GSDP up by 14 per cent: CAG
1 week, 5 days ago

TN's contribution to Indian economy better, GSDP up by 14 per cent: CAG

Deccan Chronicle  

With its per capita income far exceeding the national average, Tamil Nadu was faring better in its contribution to national economy and the state's industries and services sectors played a pivotal role in increasing the Gross State Domestic Product by 14 per cent in 2022-2023 amounting to Rs 23,64,514 crore, Principal Accountant General, Tamil Nadu, D Jaishankar said on Tuesday.As …

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% …

Uttar Pradesh's GSDP to Soar to ₹32 Lakh Crore by 2025
1 month, 4 weeks ago

Uttar Pradesh's GSDP to Soar to ₹32 Lakh Crore by 2025

Hindustan Times  

Uttar Pradesh's GSDP is projected to reach ₹32 lakh crore by March 31, 2025, according to a press release. The state's GSDP has reached ₹26 lakh crore in 2023-24, and a target of ₹32 lakh crore has been set for 2024-25. The chief minister highlighted measures taken against the mafia, including the formation of an Anti-Land Mafia Task Force, which …

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.

AI City to Spark Economic Growth in Lucknow: State Govt. Announces 70-Acre Land
2 months ago

AI City to Spark Economic Growth in Lucknow: State Govt. Announces 70-Acre Land

Hindustan Times  

The state government of Uttar Pradesh has identified 70 acres of land for an AI City in Lucknow. The government plans to set up an AI City and is seeking proposals for drone manufacturing and training. The drone policy should be brought in as early as possible to capitalize on these opportunities. The state government is also considering establishing an …

U.P govt’s revenue earnings up by ₹1725.83 crore in August
3 months, 2 weeks ago

U.P govt’s revenue earnings up by ₹1725.83 crore in August

Hindustan Times  

The Uttar Pradesh government on Thursday claimed an increase of ₹1725.83 crore in tax and non-tax revenue earnings in August 2024 with the total collections going up to ₹15,969.65 crore vis-a-vis ₹14,243,82 crore earned in the same month in 2023. The state government’s tax collections in the first five months of 2024-2025 are 76 per cent of the target going …

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 …

Karnataka’s new, yet daunting, journey to development
1 year, 7 months ago

Karnataka’s new, yet daunting, journey to development

The Hindu  

As the dust settles in Karnataka over what was seen by many as a foregone conclusion, it is now time to get down to the business of governance. A trillion-dollar economy goal Karnataka aspires to become a trillion-dollar economy by 2032 and needs a 17%-18% Compound Annual Growth Rate in its Gross State Domestic Product to make this happen over …

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 …

AP’s SGDP rose to Rs 13,17,000 crore, says finance minister
1 year, 9 months ago

AP’s SGDP rose to Rs 13,17,000 crore, says finance minister

Deccan Chronicle  

Vijayawada: Finance Minister Buggana Rajendranath said on Friday that AP’s gross domestic product increased largely to Rs 13,17,000 crore in 2022-23 from Rs 9,25,000 crore in 2019-20. During the Covid period, agricultural and industrial activities were not suspended in AP, unlike in other states, and appropriate protective measures were taken by the state government," the minister claimed in the state …

In Assam Budget, funds for creating two lakh entrepreneurs, 40,000 fresh government hirings
1 year, 9 months ago

In Assam Budget, funds for creating two lakh entrepreneurs, 40,000 fresh government hirings

The Hindu  

The Assam government on March 16 presented a ₹ 3.22 lakh crore Budget for the 2023-24 financial year, announcing funds for promoting micro-entrepreneurship and 40,000 fresh recruitments in various Departments. Presenting the Budget in the Assembly, Finance Minister Ajanta Neog said the government will invest ₹5,000 crore over the next three years to “transform” more than two lakh unemployed youths …

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 …

AP clinches investments worth Rs 13 lakh Cr at Investors Summit: CM Jagan Mohan Reddy
1 year, 9 months ago

AP clinches investments worth Rs 13 lakh Cr at Investors Summit: CM Jagan Mohan Reddy

Deccan Chronicle  

VISAKHAPATNAM: Chief Minister Y.S. Jagan Mohan Reddy said Andhra Pradesh had received 340 investment proposals worth Rs. 13 lakh crore in 20 key sectors with a job potential for six lakh people, at the inaugural session of the two-day Global Investors Summit that began here on Friday. Reddy said that the state was contributing its share for the rapid growth …

D&N Haveli floats tender to outsource GSDP estimation
1 year, 11 months ago

D&N Haveli floats tender to outsource GSDP estimation

Live Mint  

The Union territory of Dadra & Nagar Haveli and Daman & Diu has surprised the country’s statistical community by issuing a tender for outsourcing the calculation of its gross state domestic product. To qualify, bidders must have a minimum of five employees, including at least two with PhDs in economics or statistics, and must have experience successfully calculating the GSDP …

Puducherry’s GSDP grew by 2.90% and per capita income by 0.42 %: Lt. Governor
2 years, 4 months ago

Puducherry’s GSDP grew by 2.90% and per capita income by 0.42 %: Lt. Governor

The Hindu  

The Union Territory's Gross State Domestic Product grew by 2.90% and per capita income by 0.42% in 2021-22 compared to the previous year, Lt. Of the total outlay of ₹10,414 crore last fiscal, the government spent ₹ 9, 793.29 crore, Dr. Tamilisai said. As soon as Dr. Tamilisai arrived in the house to deliver her address, DMK and Congress members …

Tamil Nadu bats for fiscal consolidation in Budget, keeps populism at bay
2 years, 9 months ago

Tamil Nadu bats for fiscal consolidation in Budget, keeps populism at bay

The Hindu  

Tamil Nadu Finance Minister Palanivel Thiaga Rajan on Friday presented the State Budget for 2022-23, which focused on fiscal consolidation path, sans any populist measures. In his Budget speech, Mr. Thiaga Rajan said the ruling DMK’s major poll promise of giving ₹1,000 a month to the woman head of the family would be implemented once the financial position improved. GSDP …

GSDP claims: BJP leader slams KTR
2 years, 9 months ago

GSDP claims: BJP leader slams KTR

Deccan Chronicle  

HYDERABAD: The national in-charge of BJP policy and research wing Karuna Gopal said that municipal minister K.T. Rama Rao's statement that Telangana state has registered a 130 per cent increase in its GSDP and 125 per cent in the per capita income is ‘purely fictional and distorted’. Speaking to reporters here on Saturday, Karuna Gopal said that CAG and 15th …

Karnataka's GSDP May Touch Rs 35 Lakh Crore in Five Years: Deputy Chief Minister
4 years, 4 months ago

Karnataka's GSDP May Touch Rs 35 Lakh Crore in Five Years: Deputy Chief Minister

News 18  

Karnataka's Gross State Domestic Product may touch Rs 35 lakh crore in the next five years notwithstanding the COVID-19 pandemic impact, state Deputy Chief Minister Dr C N Ashwath Narayan said on Sunday. The state, whose GSDP now stands at 15.35 lakh crore, has the potential to reach the Rs 35 lakh crore and the government was leaving stone unturned …

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