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Telangana GSDP up 4.97pc

Hyderabad: Finance Minister T Harish Rao said Telangana’s Gross State Domestic Product (GSDP) share in Gross Domestic Product (GDP) increased from 4.06 per cent in 2014-15 to 4.97 per cent in 2020-21 financial year at current prices. “The State’s growth rate is higher than the national average. Telangana has the highest growth rate in the […]

By Telangana Today

Updated On - 1 October 2021, 11:24 PM

Telangana GSDP up 4.97pc — File photo of Finance Minister T Harish Rao

Hyderabad: Finance Minister T Harish Rao said Telangana’s Gross State Domestic Product (GSDP) share in Gross Domestic Product (GDP) increased from 4.06 per cent in 2014-15 to 4.97 per cent in 2020-21 financial year at current prices.

“The State’s growth rate is higher than the national average. Telangana has the highest growth rate in the country. Niti Aayog also said that Telangana had made tremendous progress in the primary sector,” he said during Question Hour in the Assembly here on Friday.

In the last seven years, the growth rate increased every year due to more annual average contribution of primary sector, manufacturing sub-sector in industry sector and trade and repair services, real estate, ownership of dwelling and professional services (information technology) sub-sectors in the services sector of GSDP, the Minister said.