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Andhra Pradesh’s GSDP grew at 1.58% in 2020-21: State Economic Survey
May 19, 2021
All India per capita income for 2019-20 stands at ₹1,34,186
Despite Covid-19 challenges the State Gross Domestic Product (GSDP) of Andhra Pradesh grew at 1.58 per cent.
This was stated in 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 Andhra Pradesh 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.
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Maharashtra’s nominal Gross State Domestic Product to dip by ₹1,56,925 crore
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State Economic Survey cites novel coronavirus pandemic for slowdown
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State Economic Survey cites novel coronavirus pandemic for slowdown
The State Economic Survey (2020-21) presented in the Assembly on Friday said Maharashtra’s nominal Gross State Domestic Product (GSDP) is expected to decrease by ₹1,56,925 crore during 2020-21 as compared with 2019-20. The report cited the novel coronavirus pandemic for the slowdown.
“Advance Estimates of 2020-21 should be read and interpreted keeping in view the extraordinary situation of the COVID-19 pandemic. The complete lockdown and then the step by step removal of these restrictions has impacted economic activities and the availability of data,” the report said.