Krishna district tops in Gross District Domestic Product in State with 97,059 cr
Vijayawada: Krishna district tops in Gross District Domestic Product (GDDP) with Rs 97,059 crore for the financial year 2017-18 followed by Visakhapatnam district with Rs 89,590 crore.
The total GDP of the State is Rs 8,03,873 crore. Gross Domestic Product is based on primary sector (agriculture and allied sectors) and secondary sector which mainly comprises industries and services sector which include hotels, medical field, business establishments and tourism etc.
Krishna district is one of the important districts in the State in agriculture sector, trade and services. With rich Krishna Delta area, the Eastern Krishna is well known for cultivation of paddy and other crops. Vijayawada is gradually emerging as important city with increasing corporate hospitals, hotels, educational institutions and commercial establishments generating income to the companies and the State.
Krishna District Collector B Lakshmikantham in a press release on Wednesday said the district tops the GDDP in the State with Rs 97,059 crore for the financial year 2017-18. He said Krishna is rich in cultivation of crops, dairy and poultry industries and aqua cultivation.
Visakhapatnam with huge urban population secured the second place in GDDP with Rs 89,590 crore followed by East Godavari with GDDP of Rs 82,250 crore. Guntur district has GDDP of Rs 78,788 crore and Chittoor Rs 64,412 crore.
Anantapur occupies seventh place in GDDP with Rs 55,279 crore, Kurnool with Rs 54,673 crore, Nellore with Rs 52,833 crore, Prakasam Rs 51,348 crore and Kadapa Rs 41,060 crore. Two north coastal districts Srikakulam has GDDP of Rs 30,575 crore and Vizianagaram Rs 28,360 crore.
Five coastal districts Krishna, Guntur, East and West Godavari and Visakhapatnam districts have emerged as backbone to the State with rich agriculture lands, irrigation facility, dairy sector and poultry development.
The GDDP of these five districts is Rs 4,25,333 crore, which is more than 50 per cent of the State’s Gross Domestic Product. In addition to agro-based economy, these districts have urban areas with growing service sector.