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Arunachal Clocks India’s Fastest Growth Rate Of 22.43% in 2010

Tawang, Arunachal Pradesh. Image Credit: connect.in.com

NEW DELHI: The northeastern state of Arunchal Pradesh clocked the highest economic growth rate in the country of 22.43 percent in 2009-10, followed by Mizoram and Goa, according to a government report.

Arunachal Pradesh‘s Gross State Domestic Product (GSDP) rose by 7.51 percent in 2008-09.

Minister of State for Planning Ashwani Kumar informed the Lok Sabha that Mizoram and Goa registered GSDP growth of 13.95 percent and 13.03 percent, respectively, in 2009-10.

However, the GSDP growth performance of Rajasthan — at 3.95 percent — was the lowest among the 32 states and Union Territories in the country last fiscal.

The other two states where the pace of economic expansion was low were Andaman and Nicobar and Karnataka, at 4.39 and 4.99 percent, respectively.

Kumar also said in his reply that as many as 19 states and Union Territories recorded economic expansion at a rate over 8 percent during the year.

The country’s overall gross domestic product growth during 2009-10 stood at 8 percent. The government expects the country to clock a GDP growth rate of 8.6 percent in the current fiscal.

Data for the states of Manipur and West Bengal was not available.

(Courtesy: Economic Times)

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