TG posts better eco growth than nation’s
2 days, 12 hours ago

TG posts better eco growth than nation’s

Deccan Chronicle  

Hyderabad: Telangana’s economy has performed better than India by registering faster growth in GSDP and per capita income in 2024-25, revealed deputy chief minister Mallu Bhatti Vikramarka during his Budget speech in the Legislative Assembly on Wednesday. Telangana's Gross State Domestic Product at current prices stands at Rs.16,12,579 crore, registering a growth rate of 10.1 per cent in 2024-25, compared to previous year. The state's per capita income stands at Rs 3,79,751 with a growth rate of 9.6 per cent against India's GDP of Rs 2,05,579 and growth rate of 8.8 per cent. "Clearly, Telangana per capita income is higher by 1.8 times over India's per capita income of Rs.1,74,171, reflecting the state's strong economic progress," said Bhatti Vikramarka. In 2024-25, Telangana Gross State Value Added was primarily driven by the service sector, which contributed 66.3 per cent followed by agriculture and allied sectors at 17.3 per cent and industrial sector at 16.4 per cent.

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