State’s GSDP is ₹9.80 lakh crore
The Hindu
In 2020-21, Telangana was 6th highest contributor to India’s GDP
The NITI Aayog has published a report that the Gross State Domestic Product of Telangana by provisional estimates was ₹ 9.80 lakh crore, an increase of 94% from its 2014-15 value. Telangana achieved third rank in the country in terms of percentage increase in GSDP at current prices between 2014-15 and 2020-21. In 2020-21, the State was the sixth highest contributor to the country’s GDP at current prices. The report highlighted that the contribution of agriculture, which was the backbone of the State’s economy, was around 16% in the GSDP. As per the latest census records, 86% of the farmers were small and marginal while the average land holding was 1.12 hectares.
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