GSDP will continue to grow: Yanamala
GSDP will continue to grow: Yanamala.Finance Minister Yanamala Ramakrishnudu said that at constant (2004-05) prices, the GSDP is estimated at Rs 2,64,521 crore in the current fiscal.
Hyderabad: Finance Minister Yanamala Ramakrishnudu said that at constant (2004-05) prices, the GSDP is estimated at Rs 2,64,521 crore in the current fiscal. This will be a growth of 7.21 per cent compared to the GSDP of Rs 2,46,724 crore in 2013-14. Agriculture, industry and service sectors have shown a growth of 5.90, 5.25 and 8.48 per cent respectively during 2014-15.
On the per capita income at current prices for 2014-15, he said that as per provisional estimates it is expected to be Rs 90,517 as against Rs.81,397 in 2013-14. In comparison to the advanced estimates of Telangana, which were announced on Wednesday, while the per capita income of Andhra Pradesh would be less, the GSDP will be significantly higher. The Minister said that the notable feature of the State economy is that the per capita income has been growing steadily.