Telangana Socio Economic Outlook 2023 : Latest

Telangana Socio Economic Outlook 2023

Telangana Socio Economic Outlook 2023 PDF Download

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Telangana Socio Economic Outlook 2023 PDF Summary

Dear readers, right here we are supplying Telangana Socio-Economic Outlook 2023 PDF in English to all of you. Further, the Per Capita Income (PCI) in Telangana at contemporary expenditures is estimated at Rs.3.17 lakh in 2022-23, which is Rs. The countrywide per capita profits is greater than Rs 1.46 lakh from Rs 1.71 lakh. Interestingly, the PCI of each district in Telangana used to be greater than the country’s PCI of Rs 1,26,855 in 2020-21. The Gross State Domestic Product (GSDP) at contemporary costs in 2022-23 was once pegged at Rs 13.27 lakh crore in 2022-23, registering a boom of 15.6 percentage over the preceding yr of 2021-22, indicating robust financial boom for Telangana. Between 2018-21, the share of improvement expenditure in the whole price range for Telangana was once 78.1 percent, the very best amongst Indian states whose common improvement expenditure in the course of this length used to be 68.4 percent.

Telangana Socio-Economic Outlook 2023 PDF in English

Indicating a sturdy financial increase of Telangana, the Gross State Domestic Product (GSDP) at modern-day expenditures used to be Rs.13.27 lakh crore in 2022-23, recording 15.6 percentage enlarge from the preceding yr of 2021-22.

Between 2018-21, the share of Development Expenditure in whole finances for Telangana was once 78.1 percentage which is absolute best amongst the Indian States whose common Development Expenditure was once 68.4 percentage throughout the period.

Further, the Per Capita Income (PCI) at modern-day expenses in Telangana is Rs.3.17 lakh in 2022-23, which is Rs. 1.46 lakh greater than the country wide per capita profits of Rs.1.71 lakh. Interestingly, the PCI of each district in Telangana was once greater than the country’s PCI of Rs 1,26,855 in 2020-21.

Based on the Compound Annual Growth Rate (CAGR) of PCI at modern costs for Telangana and India for 2014-15 to 2022-23, the common citizen in Telangana can assume their profits to double in roughly 5 to 6 years, whereas the common citizen in the usa as a entire would have to wait for about eight to 9 years for their earnings to double.

As per the Socio Economic Outlook for 2022-23 launched on Monday, the Services zone accounted for 62.8 percentage of Telangana’s Gross State Value Added (GSVA) at present day prices, accompanied by means of the Industries area with 19 percentage and the ‘Agriculture and Allied’ area with 18.2 percentage in 2022-23.

Telangana has made large development in the agriculture zone by way of adopting revolutionary methods, growing the use of technology, and presenting economic assist to farmers.