Sunday, June 1, 2014

Tamil Nadu's GDP


Tamil Nadu's GDP has been dropping for the past few years. It's growth rate rose from 10.8 per cent in 2009-10 to 13.12 in 2010-11. Since then it has been downhill -- 7.42 per cent in 2011-12 and now the drop to 4.14, below the national average in 2012-13. This is also the lowest rate the state recorded since 2005-06. Agriculture slowed with a negative growth rate of 12 p.c and manufacturing fell to - (minus)1.3 p.c. What a progress despite the hard work put in by the present chief minister in the last three years? Look at other states vis a vis this state!

Bihar.             -20.8 per cent in 2011-12.      24.9 p.c in 2012-13
Maharashtra - 7.1 p.c.                                   7.1 p.c
Punjab.         - 5.9 p.c                                     5.2 p.c
A.P.               - 7.8 p.c.                                    5.0 p.c

Power problem has affected the manufacturing and services sectors which are the backbones of the state.

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