India’s Richest State: This State contributes maximum GDP of 13 percent, its not Uttar Pradesh, Karnataka, Delhi, Gujarat, the name is…
According to a working paper from the Economic Advisory Council to the Prime Minister (EAC-PM), Maharashtra's share in the national GDP stood at 13.3 percent in 2023-24
New Delhi: Maharashtra stays India’s richest teach, contributing the very best fragment to the nation’s Notorious Domestic Product (GDP). Per a working paper from the Economic Advisory Council to the Prime Minister (EAC-PM), Maharashtra’s fragment within the national GDP stood at 13.3 percent in 2023-24, a slight up from 13 percent in 2020-21 nevertheless enormously lower than 15.2% in 2010-11. It's a necessity to expose that despite the decline over the years, the teach stays the very best economic powerhouse in India.
Gujarat Witnessing A Regular Rise:
Gujarat has confirmed impressive economic increase over the duration. Gujarat’s fragment in India’s GDP has elevated from 7.5 percent in 2010-11 to 8.1% in 2022-23.
Nonetheless, when it comes to relative per capita profits compared to the national average, Maharashtra has fallen on the lend a hand of states admire Gujarat, Telangana, Haryana, and Karnataka. In 2023-24, the states leading in relative per capita profits were:
- Sikkim: 319.1%
- Goa: 290.7% (for 2022-23)
- Delhi: 250.8%
- Telangana: 193.6%
- Karnataka: 180.7%
- Haryana: 176.8%
- Tamil Nadu: 171.1%
Maharashtra’s lower per capita profits indicated that whereas it stays the very best contributor to GDP, diversified states are additionally appealing ahead in particular person prosperity. As a key driver of India’s economic increase, Maharashtra faces increasing competition from Gujarat and diversified without note increasing states.
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