Tamil Nadu: State Economy

Tamil Nadu: State preservation This paper work is a content survey comparing the socio and economic factors of Tamil Nadu with the earth done as a project in the physical body of Indian Economic phylogeny. Indian Institute of Technology Mandi 4/11/2011 A interior(a) Survey: Indian Economic Development :: Tamil Nadu: State Economy :: Tamil Nadu is located in the South lying in the peninsula between the Bay of Bengal in the East, the Indian Ocean in the South, the Western Ghats and the Arabian ocean on the West. Thus extending everywhere an sweep of 130,058 sq. Km. Chennai, the state neat has emerged as the hub of commercial activities due to its strategical location, which has given it a competitive advantage. It has a fantastic net of banking and financial institutions. anyway this, it also has modern telecommunication infrastructure. Tamil Nadu frugality statistics permit almost in accordance with that of India. let us comparability its stat istics with the bailiwick figures over a dot of 10 years. ? tax revenue State interior(prenominal) fruit The structural written significant of the state economy has remained more or less the play off over the past few years. Tamil Nadu has been performing easily on the economic front with its Gross State Domestic Product (GSDP) at Rs.228479 Crore at current prices in 2010-11.

At constant prices (1999-2000), the GSDP was Rs.203485 Crore. It has been ripening at a compound one-year growth rate (CAGR) of 9.26 per penny from 1999-00 onwards. In the last 5 years since 2004 - 05 to 2008 - 09, the state economy grew at an average one-year growth rate of 8.71 per cent and abo ut 12-14% until now over a go. The Gross! national Domestic product has increase from Rs. 1786525 Crore to Rs. 5668332 Crore over the last decade until 2010, which was sufficiently contributed by Tamil Nadu (5th highest contributor among all the Indian states) whose GSDP increased from Rs. 134187 Crore to Rs. 339212 Crore. 1999 2000 (QE) 2004 2005 (QE) Current GDP...If you destiny to get a encompassing essay, order it on our website: OrderEssay.net

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