The Jharkhand Economic Survey Report presented by Chief Minister Raghubar Das in the Assembly on 23rd January 2018 portrayed a bullish picture of the State’s economy, stating that the GSDP and GSVA of the State witnessed 40 per cent growth and per capita income grew by 31 per cent in the last six years. According to the survey, the growth rate of the economy is estimated to be 6.7 per cent in the current financial year (2017-18).
The estimations have been made on constant prices that show that the GSDP of the State has grown from Rs 150918 crore in 2011-12 to Rs 212720 crore in the year 2016-17. The per capita income has grown from Rs 41254 to Rs 54201 in last six years, whereas it has grown by 5.2 per cent in the current financial year.
One of the interesting facets of the report is that the economic growth has not been uniform and the tertiary sector has recorded a compounded annual growth rate of 9.3 per cent in last six years. The performance of the other sectors is below average with primary sector achieving 4.6 per cent and the secondary sector 5.3 per cent growth rates.
Jharkhand Economic Survey 2017-18
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