Ad Here  
Monsoon fury Land scams rock AP & TS Nod to cow slaughter bill State under siege Stirring the political cauldron Kochi Metro Rail Project Power for all City of foaming lakes and fire Oh, la la. Come to Tamil Nadu where the action is... Miners asked to pay more Enchanting and enterprising Tamil Nadu State Forward Pioneering education model Wouldn’t the Mahatma like clean restrooms in our cities! With agriculture at its heart... State of the States Technology has raised the bar... An industrious idea Infra boost to the new capital KNPP with the grid States - Kerala Doubling production and tripling farmers’ income... Bringing magic of Rajasthan alive Bhubaneswar IIT cries for completion Time to wake up ODISHA Mango Diplomacy Benevolent businessthan... A blueprint for the future Bifurcation yet to end water wars Infrastructure to the FORE MCL has a taste of judicial activism! Industrial corridors to boost economy Strike over salary hike Winds of change... Green crimes galore TN to suffer serious loss Global meets galore CII to set up tourism bureaus Info-Park, more space States Roundup Deputy Collector Sindhu! Land acquisition policy is ahead of national policy... Divide & Prosper When business flocks to MP... Enticing pest traps More government apps A giant push for millets A year of Telangana Homestays, a budding tourism industry Development depends on land availability... KCR’s I-day bonanza Bus services hit Waste disposal model Global Investors Meet Post Poned TN can leverage NLC’s strengths... Competing for good: Tale of two states Reducing carbon footprint... AP in better shape Illegal mining of sand Hype on Hyperloop Promise of a productive year It’s Karnataka chalo for Amit Shah? Launch of ins vikrant, India’s first indigenous aircraft carrier TN to suffer serious loss Thalaivaa Flurry of collaborations inked by AP Inter-State boundary All these happened in TN… Of development and welfare States - Odisha Vedanta to close Lanjigarh refinery Fanciful Rao and tech-savvy Naidu Municipal Elections It indeed is attractive for investments Why the Congress won in Karnataka Lingayats get a reminder: it’s poll time Tasks for the new government Leaky old lorries, mini cabs for techies... KTR releases Annual Report MOUs worth Rs.10.54 lakh crore signed A neta at it again! SIPB clears big proposals ‘E’ for enterprise
KTR releases Annual Report

Even as Telangana State celebrated its 3rd formation day, the State’s economic numbers were heartwarming. GDP of the state, at constant prices of Rs. 5.11 lakh crore, recorded  a growth rate higher than the national average for the third consecutive fiscal year. While the service sector accounted for 63 per cent of the state’s GDP, agriculture & allied sector recorded the highest growth rate of 12.8 per cent. Unlike negative growth rate in the past two years, crops recorded growth of 19 per cent. Major players in the service sector were ‘real estate, ownership of dwellings & professional services’ contributing 20.8 per cent and ‘Transport, storage, communication & services related to broadcasting’ growing at 11.2 per cent. The state’s per capita income remained higher than All India PCI at Rs. 158,360 boasting a rise of 12.6 per cent. Telangana’s inflation is moving in tandem with the national number but during the current fiscal fell sharply to 1.1, which is half of the national rate.

A system for speedy clearances which was put in place for entrepreneurs and investors has generated investment of Rs 73,000 crore and 2.46 lakh jobs over two years while the World Bank has placed the state first in Ease of Doing Business 2016 rankings.

Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236