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 Assembly. Rajendranath said that in the last two years, the additional gross domestic production has increased under which, in 2021-22, it was Rs 1.77,000 crore; and in 2022-23 it increased to Rs 1.83,000 crore. Some 62 per cent of the state people are in agriculture sector and agriculture and allied sectors and the government was spending Rs 10,000 crore to provide free electricity for agriculture besides providing insurance, fertilisers, and good seeds to the farmers and agriculturists on time.

State Crore Covid Sgdp Increased  state  minister  ap  welfare  sgdp  increased  agriculture  cent  crore  rose  1317000  finance  states  apâs  rs

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% …

AP’s Receipts Rs.2.36 Lakh Crore Against Estimated Rs.2.56 Lakh Crore
1 month, 1 week ago

AP’s Receipts Rs.2.36 Lakh Crore Against Estimated Rs.2.56 Lakh Crore

Deccan Chronicle  

Vijayawada: Andhra Pradesh has total receipts of ₹2,36,511 crore against the budget estimate of ₹2,56,865 crore for 2023-24. As per the report on Andhra Pradesh accounts by the principal accountant general for 2023-24, AP registered tax revenue from various heads like Goods and Services Tax – ₹45,003 crore, Taxes on Income and Expenditure – ₹29,892 crore, Taxes on Property and …

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 …

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 …

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 Budget is realistic: Govt does a poll vault, gives more funds to welfare
1 year, 9 months ago

AP Budget is realistic: Govt does a poll vault, gives more funds to welfare

Deccan Chronicle  

Jagan Mohan Reddy-led government on Thursday presented the state Budget for 2023-2024 with a massive outlay of Rs 2.79 lakh crore of which more than 70 per cent will be mobilised from the state's own revenues, devolution of Central taxes and grants-in-aid. “Significantly, the Jagan Mohan Reddy government increased its expenditure by a whopping Rs 50,000 crore this year compared …

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 …

AP surpasses national average in GST collections, says CM
1 year, 10 months ago

AP surpasses national average in GST collections, says CM

Deccan Chronicle  

Vijayawada: Andhra Pradesh had done better than the national average in GST collections. At a review meeting he held with top officials of the revenue-earning departments at the CM Camp Office in Tadepalli, Jagan Mohan Reddy said AP’s GST collections for the last fiscal totalled Rs 26,360.28 crore by January 2022. Jagan Mohan Reddy explained that the gross GST collections …

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 …

\"AP performed poorly in software exports,\" GVL quotes reply in Rajya Sabha
2 years ago

\"AP performed poorly in software exports,\" GVL quotes reply in Rajya Sabha

Deccan Chronicle  

Visakhapatnam: Andhra Pradesh performed poorly in export of IT software during the last financial year, Union minister of state for electronics and Information Technology, Rajeev Chandrasekhar, stated in Parliament on Friday. The minister said software exports from India exceed Rs 11.59 lakh crore, of which AP accounted for only Rs 1,290 crore. Units registered under Software Technology Parks of India …

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 …

Andhra Pradesh\'s buoyancy on revenue front, despondency on the other
2 years, 10 months ago

Andhra Pradesh\'s buoyancy on revenue front, despondency on the other

Deccan Chronicle  

Amaravati: Andhra Pradesh's revenues showed a buoyant growth at the end of the third quarter of the 2021-22 financial year but the overall economic situation remained “beyond alarming” because of a 918 per cent revenue deficit, coupled with a 156.93 per cent fiscal deficit. Interestingly, the state government borrowed Rs 58,111.85 crore in the first 9 months of the current …

AP Govt's Borrowings for First Half of 2020-21 Fiscal Far Exceeded Revenues, Says CAG Report
4 years, 1 month ago

AP Govt's Borrowings for First Half of 2020-21 Fiscal Far Exceeded Revenues, Says CAG Report

News 18  

The Andhra Pradesh government’s borrowings for the first half of the 2020-21 fiscal far exceeded revenues and the revenue deficit touched a staggering Rs 45,472.77 crore, according to the state finance accounts released by the Comptroller and Auditor General. AP’s tax revenue during the April-September period was just Rs 29,936.39 crore, compared to Rs 41,904.25 crore during the corresponding period …

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