List of Indian States and Union Territories based on Economy Size

List of Indian states and union territories on the basis of economy:

What is economy?

Economy is a social system of production, distribution and consumption. It is a motion picture of economics in any particular nation or region. This picture is of a particular period. For example if we say 'contemporary Indian economy' then it means. Description of all the economic activities of India at present. Economics is the practical application of the concepts and principles of economics.

Meaning of economy: On breaking the treaty of economy, it is formed by meeting two words: meaning and system. Artha refers to money and system means an established procedure. In India, the government accounts for about 21% of GDP, agriculture 21%, the corporate sector 12% and the remaining 48% of GDP comes from small proprietorship and partnership firms, the unorganized sector and households.

India's Foreign Exchange Reserves: The country's foreign exchange reserves increased by $ 16.663 billion to reach a record level of $ 633.558 billion in the week ending August 27, 2021. According to data released by the Reserve Bank of India (RBI), earlier in the week ending August 20, 2021, it had declined by $ 24.7 million and reached a level of $ 616.895 billion.

List of Indian states and union territories by size of economy:

The following list gives the latest available Gross State Domestic Product (GSDP) figures for all Indian states and union territories at current prices in Indian rupee crores (units of 10 million) or lakh crores (units of 1 trillion). No data is available for Union Territories of Dadra and Nagar Haveli and Daman and Diu, Ladakh and Lakshadweep.

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