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Gsdp

Chhattisgarh GSDP to grow by 8% at constant prices: Economic Survey

The Gross State Domestic Product (GSDP) of Chhattisgarh at constant prices is estimated to grow by 8 per cent and the per capita income is likely to reach Rs 1,33,898 for the fiscal 2022-23, as per the state's Economic Survey Report presented in the Assembly on Friday. The report, which was tabled by state Planning, Economics and Statistics Department minister Amarjeet Bhagat, said Chhattisgarh's GSDP at constant price (base year 2011-12) as per advance estimates is expected to grow at 8 per cent and reach Rs 2,89,08,241 lakh in 2022 -23 as against quick estimates of 2,67,68,086 lakh in FY 2021-22. The biggest contributor to the surge in GSDP has been the service sector with expected growth of 9.21 per cent from Rs 82,94,627 crore (2021-22) to Rs 90,58,266 crore (2022-23), the report said. According to the report, the growth in the agriculture (agriculture, livestock, forestry and fishing) and industrial (mining and quarrying, construction, manufacturing and electricity, gas and wat

Chhattisgarh GSDP to grow by 8% at constant prices: Economic Survey
Updated On : 03 Mar 2023 | 3:50 PM IST

As states table their Budgets, here's how the capex numbers stack up

Capex is not the favourite word in the lexicon of ministers despite the generous flow of resources for building assets

As states table their Budgets, here's how the capex numbers stack up
Updated On : 28 Feb 2023 | 1:32 PM IST

Yogi govt tables budget worth Rs 6.9 trn targeting $1 trn-economy by 2027

The Budget includes new schemes of Rs 32,000 crore while about Rs 7,500 crore have been allocated to the social security sector

Yogi govt tables budget worth Rs 6.9 trn targeting $1 trn-economy by 2027
Updated On : 22 Feb 2023 | 10:15 PM IST

The race to $1trillion economy among states: Who gets there first?

The bigger the state's economy, the better placed it is to reach that proverbial milestone

The race to $1trillion economy among states: Who gets there first?
Updated On : 20 Dec 2022 | 12:07 AM IST

Uttar Pradesh plans to buy 43,000 acres of land for Rs 7.3 trillion

According to estimates, the state requires about 6.4 million new housing units in the urban and suburban centres in the next five years to meet the target

Uttar Pradesh plans to buy 43,000 acres of land for Rs 7.3 trillion
Updated On : 06 Dec 2022 | 12:48 AM IST

States seek greater fiscal space, budgetary autonomy from finance ministry

The federal government fixes the permissible budget gap. It was set at 3.5% of GSDP for 2022-23, with some extra room given to states who meet certain conditions

States seek greater fiscal space, budgetary autonomy from finance ministry
Updated On : 25 Nov 2022 | 9:30 PM IST

Uttar Pradesh looks for image makeover with roadshows in 18 nations

The state is targeting investment proposals worth Rs 10 trillion

Uttar Pradesh looks for image makeover with roadshows in 18 nations
Updated On : 22 Nov 2022 | 9:55 PM IST

The state of states: Have they really been fiscally profligate?

A couple of states may be guilty of fiscal imprudence. But why tar all of them with the same brush?

The state of states: Have they really been fiscally profligate?
Updated On : 08 Nov 2022 | 9:50 PM IST

Himachal's high debt-GSDP ratio makes poll freebies promises a tough task

Though comparatively prosperous than other Indian states, Himachal has a huge debt-GSDP ratio

Himachal's high debt-GSDP ratio makes poll freebies promises a tough task
Updated On : 03 Nov 2022 | 12:21 AM IST

BS Number Wise: Old scheme puts burden of employee pension on the states

Some governments are seeking short-term benefits to finance their bills, risking their financial security

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Updated On : 04 Oct 2022 | 10:26 PM IST

Kerala, UP lag as GSDP of 19 states exceed pre-Covid levels in FY22: Report

The economies of 19 states and UTs in FY22 exceeded their pre-coronavirus levels, as they recorded double-digit growth in the last fiscal year

Kerala, UP lag as GSDP of 19 states exceed pre-Covid levels in FY22: Report
Updated On : 22 Aug 2022 | 10:05 AM IST

HP's outstanding debt-GSDP ratio much above the target set by 15th FC: CAG

The Comptroller and Auditor General (CAG) of India in its report, said the total outstanding debt-GSDP ratio, which stood at 42.91%, was above the target set by the 15th Finance Commission (36%).

HP's outstanding debt-GSDP ratio much above the target set by 15th FC: CAG
Updated On : 13 Aug 2022 | 9:12 PM IST

Kerala FM blames Centre for cutting resources by Rs 23,000 crore

Kerala Finance Minister K N Balagopal has written to Nirmala Sitharaman asking her not to include borrowings of state entities while fixing their debt limits

Kerala FM blames Centre for cutting resources by Rs 23,000 crore
Updated On : 26 Jul 2022 | 11:32 PM IST

Statsguru: Six charts explain state of stressed finances in India

The RBI study turned the spotlight on 10 states that were reeling from financial stress and on their growing inability to service their debt

Statsguru: Six charts explain state of stressed finances in India
Updated On : 22 Jul 2022 | 12:16 PM IST

Fiscal weakness

State finances can impede growth

Fiscal weakness
Updated On : 22 Jun 2022 | 11:17 PM IST

Red marks in green power plans amid lack of reform in electricity pricing

The lack of market reform in electricity pricing has limited states' ability to expand capital expenditure on the critical transition to clean energy

Red marks in green power plans amid lack of reform in electricity pricing
Updated On : 14 Jun 2022 | 6:10 AM IST

Welfare schemes galore in Rajasthan's budget, but are they sustainable?

Like most other state budgets, Rajasthan's appears to have been crafted with one eye on the polls, while side-stepping on the issue of resources available to finance its programmes

Welfare schemes galore in Rajasthan's budget, but are they sustainable?
Updated On : 18 May 2022 | 10:18 PM IST

Should purchasing power parity of $3.2 be made India's formal poverty line?

Experts have some reservations about the methodology used to arrive at the number, and that the poverty figures under the existing PPP of $1.9 per person per day have been understated

Should purchasing power parity of $3.2 be made India's formal poverty line?
Updated On : 20 Apr 2022 | 2:25 PM IST

Not all states are so financially weak that they can't announce freebies

However some such as Punjab and West Bengal are not on sound financial ground

Not all states are so financially weak that they can't announce freebies
Updated On : 16 Apr 2022 | 12:43 AM IST

Indian states and their propensity to exaggerate their GSDP numbers

The higher estimate of the GSDP for a state allows the concerned finance minister to project a higher level of expenditure, particularly when revenues are flat

Indian states and their propensity to exaggerate their GSDP numbers
Updated On : 25 Mar 2022 | 1:56 PM IST