Which state has the highest GSDP?
Maharashtra
These are lists of Indian states and union territories by their nominal gross state domestic product (GSDP)….List.
| Rank | 1 |
|---|---|
| State/Union Territory | Maharashtra |
| GDP in Indian Rupees(Lakh₹) | 28,18,55,457 |
| NSDP in Indian Rupees(Lakh₹) | 24,82,53,582 |
What is the growth rate of West Bengal?
Economy of West Bengal
| Statistics | |
|---|---|
| GDP growth | 13.2% (2022–23) |
| GDP per capita | ₹184,320 (US$2,400) (2022–23) |
| GDP by sector | Agriculture: 21% Industry: 22% Services: 57% (2022–23) |
| Population below poverty line | 14.98% in poverty (2022-23) |
Is West Bengal a developed state?
West Bengal also has the 28th-highest ranking among Indian states in human development index, with the index value being less than that of India. The state government debt of ₹4.8 lakh crore (US$63 billion), or 35.54% of GSDP, is fifth highest India, but has dropped from 40.65% since 2010–11.
Which city in India is developing fast?
Surat tops the list of top 10 fastest growing cities in the world between 2019 and 2035, followed by Agra and Bengaluru. Hyderabad is in the fourth place, followed by Nagpur, Tirupur, Rajkot, Tiruchirappalli, Chennai and Vijayawada. Surat is a major diamond trading and processing centre and also has a strong IT sector.
What is the GDP of West Bengal?
West Bengal, India’s sixth largest state in terms of economic size, had its Gross State Domestic Product (GSDP) is expected to reach Rs. 14.44 trillion (US$ 206.64 billion) in 2020-21. Average annual GSDP growth rate is about 12.62% between 2015-16 and 2020-21. West Bengal is the largest producer of rice in India.
Is Kolkata developing fast?
Kolkata’s economy is growing at a fast pace partly due to the expansion of the IT sector and the expected investment worth US$300 million by World Bank to develop the infrastructure in and around the city.
Is Kolkata growing fast?
India’s three metropolitan cities, Kolkata, Mumbai and Bangalore, have emerged as the top three fastest growing cities in A T Kearney’s Global Cities Index.
How is GSDP calculated?
GSDP = Gross Value Added + Taxes – Subsidies. GSDP = Final Consumption + Gross Capital Formation + Exports – Imports. The income (value added) generated through the production activity is distributed between the two factors of production, namely, labour and capital.
Is up better than WB?
West Bengal- Gross state Domestic Product (constant price) has increased from 4 % in 2012-13 to 7 % in 2019-20. UP- The GDP has declined from 5 % in 2012-13 to 4 % in 2019-20. UP- The per capita income increased by 23 % during 2015-16 to 2019-20.
Is Kolkata a growing city?
More than 150 years on, the city has grown four times in size. It houses 44,96,694, according to the 2011 census and there are another six million who float in and out every day. Calcutta’s population density is 24,000 per square kilometre.
What will be the GSDP of West Bengal for 2022-23?
The Gross State Domestic Product (GSDP) of West Bengal for 2022-23 (at current prices) is projected to be Rs 17,13,154 crore. This is a growth of 11.5% over the revised estimate of GSDP for 2021-22 (Rs 15,36,681 crore). In 2021-22, GSDP is estimated to grow at 18.1% over the previous year (at current prices).
What is West Bengal’s GDP growth in 2018-19?
The 2019 state budget has claimed that the West Bengal GSDP at constant prices has grown at 10.7% in 2018-19 (advanced estimates) as against the all-India growth rate of 6.8%, with the share of the state economy improving to 5.7% of the national economy.
How much investment does West Bengal receive from global summits?
The state received investment of Rs. 4.45 lakh crore (US$ 63.13 billion) in large industry from five Global Summit organized in the state so far. The State Government introduced West Bengal Information Technology and Electronics Policy 2018 to make West Bengal one of the leading states in India in IT & ITeS, ICT, and ESDM sectors.
Did West Bengal’s farm income increase by 3 times in last 7 years?
He said: “…over the last seven years, the net income of the farm families of West Bengal has increased more than 3.2 times, from Rs 91,000 in 2010-11 to Rs 2,90,000 (excluding cost of cultivation as per NSDP) in 2017-18…” The basis or the estimation methodology behind this claim has been left unexplained.