Telangana’s GSDP, Per Capita Income register a sharp dip
Among the 18 States and Union Territories ranked, the State recorded a GSDP growth of 10.12 per cent at current prices in FY 2024-25, falling behind at 14th place nationally
Hyderabad: Dismissing the tall claims of the Congress government, Telangana’s economic momentum is faltering under the Congress regime. Both Gross State Domestic Product (GSDP) and Per Capita Income (PCI) growth rates registered a sharp dip in 2024-25, as per the latest data released by the Ministry of Statistics and Programme Implementation (MoSPI).
Among the 18 States and Union Territories ranked, the State recorded a GSDP growth of 10.12 per cent at current prices in FY 2024-25, falling behind at 14th place nationally. In contrast, under the previous BRS-led government, the GSDP had grown at 11.9 per cent in 2023-24, and the average annual growth rate from 2014-15 to 2022-23 stood at a robust 12.7 per cent, well above the national average of 10.5 per cent.
Even at constant prices, which reflect real economic expansion after adjusting for inflation, Telangana posted a 6.79 per cent growth in 2024-25, down from 7.4 per cent in 2023-24 and 6.9 per cent in 2022-23. The State dropped to the 13th position in real GSDP growth nationally.
The Per Capita Income (PCI), often viewed as a key indicator of citizens’ economic wellbeing, also slowed. In 2024-25, PCI grew by only 9.61 per cent, with Telangana ranking 11th among States. This is a clear fall from the 16.2 per cent PCI growth recorded in 2022-23 and 14.1 per cent in 2023-24 under the BRS government.
The current PCI stands at Rs.3,79,751, up from Rs.3,56,564 in 2023-24 and Rs.3,12,522 in 2022-23, but the State’s rank slipped from top spot to second. Neighbouring Karnataka now secured the top slot with a PCI of Rs.3,80,906. Tamil Nadu was positioned in the first rank in terms of growth rate registered under both GSDP (at current and constant) and PCI.
