GDP of States and Union Territories of India 2023

States of India and their GDP Year 2022

After two years of Corona Pandemic (Covi-19 Pandemic), the Indian economy has started coming back on track. The Indian economy has grown at a rate of 13.5 percent between April and June in the first quarter (1st Quarter) of the financial year 2022-23. Whereas in the first quarter of 2021-22 there was 20.1 percent GDP. ) The country's economic growth rate was 4.1 percent between January and March.

In fact, due to the low base of 2021-22 and the rise in domestic demand, the GDP growth rate has increased. Along with this, there has been a rise in investment and consumption in this quarter. 2022 The GDP growth rate in the first quarter of 2023 has been 13.5 per cent but it is less than the RBI's estimate of 16.2 per cent.

Prime Minister Narendra Modi announced the launch of self-reliant India campaign. And along with this announcement, the central government has announced a package of Rs 20 lakh crore, which will be 10% of GDP. Many people will have a desire to know about the GDP of India, so through this article we will tell the total GDP of India and the GDP of the states. The Ministry of Statistics and Program Implementation has prepared a list of state-wise GDP related data and released it on its official website, according to this data, India's total GDP is ₹ 231.85 lakh crore (US $ 3.3 trillion), the central government has spent US $ 5 in 5 years. trillion GDP target.

In which if seen state wise, Maharashtra is the richest state in the country. Maharashtra tops the list with a GDP of ₹32.24 lakh crore (US$450 billion). It is followed by Tamil Nadu and Gujarat. In relation to GDP, Andaman and Nicobar is at the bottom of this list.

What is Gross Domestic Product?

Gross Domestic Product (GDP) is a measure or method of measuring the economic health of any country. The GDP figure is based on the growth rate of production in the major production sectors of the economy. Agriculture, industry and services are the three major components under GDP.
Formula: GDP= Value of gross domestic output- value of intermediate consumption

Important acronyms

GDP - Gross Domestic Product GNP - Gross National Product NNP - Net National Product NDP - Net Domestic Product GSDP - Gross State Domestic Product

States of India and their GDP:

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