Andhra Pradesh Emerges As Fastest Growing Economy Post Lockdown Apr 12, 2021, 13:04 IST
Even as the Covid-19 pandemic impacted businesses in India, the southern state of Andhra Pradesh has emerged as one of the fastest-growing economies in the country after the lockdown.
The last financial year of 2020 saw a growth in business transactions from the months of June to March after the lockdown.
While Delhi, the national capital, and Maharashtra the financial capital saw a decline in business, Andhra Pradesh recorded the highest growth rate among the southern states at 8.83 per cent. These details were revealed by the statistical report released by the GST Council.