Chhattisgarh's GSDP estimated to grow at 7.07 pc in 2015-16

Chhattisgarh's Gross State Domestic Product (GSDP) is expected to grow at 7.07 per cent this fiscal, while the per capita income is likely to reach Rs 81,756, the state Economic Survey said today.
The report was presented in the Assembly by Minister for Planning, Economics and Statistics Punnulal Mohile.
"As per the advance estimate, the Gross State Domestic Product (market price) at constant price is likely to grow at 7.07 per cent over the previous year 2014-15.
"The growth in agriculture sector (agriculture, livestock, forestry and fishing), industry sector (mining and quarrying, construction, manufacturing and electricity, gas and water supply) and service sector are expected to grow 0.47 per cent, 7.07 per cent and 9.81 per cent respectively over the previous year," the report stated.

The GSDPatcurrentprice (market price) is likely to increase to Rs 2,51,447 crore from Rs 2,22,990 crore in 2014-15.
In the period, Gross State Value Added (basic prices) is expected to increase to Rs 2,34,793 crore from Rs 2,10,813 crore, agriculture sector from Rs 42,652 crore to Rs 47,778 crore, industry sector from Rs 90,828 crore to Rs 98,625 crore and service sector from Rs 77,332 crore to Rs 88,390 crore.

As per estimates for 2014-15 at constant price, the GSDP (market price) registered a growth of 7.85 per cent over the previous fiscal.
Gross State Value Added (basic prices), agriculture sector, industry sector and service sector are estimated to grow at 7.82 per cent, 9.53 per cent, 7.20 per cent and 7.76 per cent respectively in comparison to the previous fiscal, it said.

The per capita income, according to advance estimates, is likely to reach Rs 81,756 in the current fiscal.
In 2013-14, it stood at Rs 66,438, which increased to Rs 73,758 in 2014-15, it added.