After ten years of existence, telangana is now the second wealthiest state in india in terms of relative per capita income. Additionally, it makes a substantial contribution to India's GDP (gross domestic product). The top five richest states in terms of relative per-capita income are delhi (250.8%), telangana (193.6%), karnataka (180.7%), haryana (176.8%), and tamil Nadu (171.1%), according to a working paper from the Economic Advisory Council to the prime minister (EAC-PM) that was just issued.
 
The survey lists bihar (32.8%), jharkhand (57.2%), Uttar Pradesh (50.8%), Manipur (66%) and assam (73.7%) as the poorest states in India. The top five states in South india in terms of GDP contribution are andhra pradesh, telangana, karnataka, tamil Nadu, and Kerala. States in South india used to be below the national average back in 1991. But now, three of the five states in the South are among the richest five states in the nation.
 
By march 2024, the research estimates that the southern states will have contributed 30% of India's GDP. The tech-heavy state of karnataka and the car-dependent state of tamil Nadu have both contributed significantly to the indian economy. The newest state, telangana, demonstrated its strength by crafting a comprehensive constitution for the indian economy. Conversely, andhra pradesh achieved the ninth rank in GDP and the sixteenth rank in per capita income. Experts predicted that andhra pradesh would do worse since it did not have a major city like hyderabad to stimulate the economy. It still makes up a sizable portion of India's GDP, nevertheless.
 
 
For more interesting updates wa click and follow Indiaherald WhatsApp channel

Find out more:

G GOWTHAM

26/09/2024 09:05 AM