GSDP growth of State has outpaced national average, says planning official
The Hindu
Andhra Pradesh's GSDP growth of 10.75% surpasses the national average, highlighting strong economic performance and future growth ambitions.
The National Economic Survey 2025–26 indicates that India has entered a phase of strong economic recovery, with Gross Domestic Product (GDP) growth rising to 7.4% from 6.5 per cent in 2024–25.
Presenting a detailed comparison of national and State-level trends at a meeting chaired by Chief Minister N. Chandrababu Naidu on Monday, State Planning Department Principal Secretary Piyush Kumar said that India’s medium-term growth potential remains around 7%, supported by controlled inflation, robust investment, and banking-sector stability.
Retail inflation during April–December 2025 stood at a decade-low of 1.7%. Agriculture, industry, and services recorded growth rates of 3.1 per cent, 7.0%, and 9.3%, respectively, while exports crossed $825 billion. Infrastructure expansion and improved innovation rankings further strengthened the outlook.
Focusing on Andhra Pradesh, the Principal Secretary noted that the State ranked 8th in India in terms of Gross State Domestic Product (GSDP).
For 2025–26, Andhra Pradesh’s GSDP is estimated at ₹17.62 lakh crore, reflecting a growth of 10.75%, significantly higher than the national average.
At constant prices, the State recorded a growth rate of 9.88%. Sector-wise, agriculture and allied activities grew by 10.14 per cent, industry by 9.15%, and services by 10.67%.
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