“The vikas dar (growth rate) of US was 7.9 per cent while that of India was 8.10 per cent,” said the BJP chief.
The economic survey report in the state assembly presented by Food and Civil Supplies Minister Amarjit Bhagat estimated the GDP at 8 per cent, which is higher than the previous year's market value.
Harish Rao said that Telangana's GSDP at current prices increased by 93.8 percent between 2014-15 and 2020-21, as against India's increase of 58.4 percent in the same period, and contributed approximately 5 percent to India's GDP, an increase of 1 percentage point since the state's formation.
Tally inches close to 35000, recovery rate at 61 percent
The collection of State GST (OGST) in July 2020 increased to Rs. 794.02 crore as against Rs. 702.44 crore recorded during the corresponding month last year (July 19), registering a growth rate of 13.04%.
Soil, including topsoil, is one such natural resource. Soil health is showing signs of fatigue due to intensive and unscientific cultivation. In spite of the impressive increase in food production in the last half century, humanity is finding it very difficult to provide more food for more people. Experts are unanimous in mentioning the multiple threats confronting the ability of the world to expand food supplies
Chief Minister Jai Ram Thakur informed about this while laying the Economic Survey for 2019-20 in the Assembly on Thursday.
Interestingly, as per the data furnished by the National Statistical Office (NSO), the revised second quarter GDP growth rate stood at 5.1 per cent from the earlier 4.5 per cent.
The IMF has slashed India's growth rate to 4.8 per cent for the current fiscal year which was expected to rise to 5.8 per cent in 2020.