Emerging from the brunt of the COVID-19 pandemic, economies of 19 states and union territories surpassed their pre-Covid ranges, with seven report double-digit progress charges throughout 2021-22, with 21 states and UTs An evaluation of official information exhibits. The progress price of 11 states together with Gujarat and Maharashtra was not out there for 2021-22.
The evaluation exhibits that the dimensions of the Gross State Domestic Product (GSDP) of 19 states and union territories had contracted or recorded negligible progress throughout 2020-21 – the yr the federal government imposed a nationwide lockdown within the wake of COVID-19 . the outbreak. Their economies bounced again in 2021-22 and surpassed their pre-Covid (2019-20) ranges.
These 19 states and union territories are: Andhra Pradesh, Rajasthan, Bihar, Telangana, Delhi, Odisha, Madhya Pradesh, Haryana, Karnataka, Tripura, Sikkim, Himachal Pradesh, Meghalaya, Jharkhand, Tamil Nadu, Jammu and Kashmir, Punjab, Uttarakhand and Puducherry..
As of August 1, 2022, the GSDP (2011-12 at fixed costs) information is obtainable for 21 states and union territories on the official web site of the Union Ministry of Statistics and Program Implementation. Of these, Kerala and Uttar Pradesh are the one exceptions; In 2021-22, their GSDP remained beneath pre-Covid ranges.
Out of those 21 states and union territories, Andhra recorded the very best progress of 11.43 per cent, whereas Puducherry recorded the bottom (3.31 per cent) progress. Apart from Andhra Pradesh, there are 5 different states and one union territory – Rajasthan (11.04 per cent), Bihar (10.98 per cent), Telangana (10.88), Delhi (10.23 per cent), Odisha (10.19 per cent) and Madhya Pradesh (10.12 per cent) – Recorded double digit progress price in 2021-22. The progress charges of Haryana (9.80 per cent) and Karnataka (9.47 per cent) have been near double digits within the final monetary yr.
The economies of the remaining 11 states and union territories – Tripura, Sikkim, Himachal Pradesh, Meghalaya, Jharkhand, Tamil Nadu, Jammu and Kashmir, Kerala, Punjab, Uttarakhand and Uttar Pradesh – grew by 4.24 per cent to eight.69 per cent throughout 2021. -22. Among the bigger states, Uttar Pradesh recorded the bottom progress price of 4.24 per cent in 2021-22.
While the sharp leap in GSDP of some states is because of the base impact, the overall pattern displays the post-pandemic financial restoration. In 2021-22, India’s GDP expanded at 8.7 per cent as in opposition to a contraction of 6.6 per cent in 2020-21.
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In 2020-21, besides Manipur (3.19 per cent), West Bengal (1.06 per cent), Tamil Nadu (0.14 per cent) and Andhra Pradesh (0.08 per cent) the GSDP declined over the earlier yr.
GSDP information for 2021-22 was not out there for a dozen states and union territories – Arunachal Pradesh, Assam, Chhattisgarh, Goa, Gujarat, Maharashtra, Manipur, Mizoram, Nagaland, West Bengal, Andaman and Nicobar Islands and Chandigarh. The Ministry of Statistics and Program Implementation compiles the GSDP information reported by the Directorate of Economics and Statistics of the respective state governments.
With inputs from TheIndianEXPRESS
