AP Economic Survey pegs 2020-21 GSDP growth at 1.58%
May 19, 2021
State Budget to be presented on May 20
Despite Covid-19 challenges, the State Gross Domestic Product (GSDP) of Andhra Pradesh grew at 1.58 per cent during 2020-21, according to the State economic survey released by Chief Minister YS Jagan Mohan Reddy on Wednesday.
“As per the Advance Estimates for the year 2020-21, the GSDP growth of AP at current Prices is 1.58 per cent against Nation’s growth of –3.8 per cent,” the survey said.
The Per Capita Income of Andhra Pradesh at current prices increased to ₹1,70,215 in 2020-21 from ₹1,68,480 in 2019-20. All India per capita income for 2019-20 stands at ₹1,34,186.