Which states have recorded the highest growth in real gross state domestic product in FY24?
Telangana, Tamil Nadu and Rajasthan
2024 September
|
|
3.25/5 |
Telangana, Tamil Nadu, and Rajasthan recorded the highest growth in real Gross State Domestic Product (GSDP) in FY24 among the 10 largest states. Telangana, the ninth largest state, grew at 9.2%, reaching ?7.9 lakh crore, surpassing national GDP growth of 8.2%. Tamil Nadu, the third largest state, saw an 8.2% growth, reaching ?15.7 lakh crore. Rajasthan, the seventh largest state, grew by 8%. GSDP measures the total value of all goods and services produced within a state’s boundaries in a year. GSDP is crucial for understanding a state’s economic growth and development trends over time.