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Chhattisgarh GSDP estimated to grow by 6.65 pc in 2017-18

Press Trust of India  |  Raipur 

The Gross (GSDP) of is estimated to grow by 6.65 percent and the is likely to reach Rs 92,035 in the financial year 2017-18, as per the EconomicSurveyReport.

The report for 2017-18 was presented in the state Assembly today by Planning,Economicsand Statistics department minister

The state budget will be presented tomorrow.

The GSDP at constant price is expected to grow at 6.65 per cent and reach Rs 2,27,866 crore in 2017-18 against quick estimates of Rs 2,13,649 crore for 2016-17, it said.

According to the report, growth in the agriculture sector (agriculture, livestock, forestry and fishing)and industry sector(mining and quarrying, construction, manufacturing and electricity, gas and water supply)are expected to grow by 2.89 per cent and 5.84 per cent, respectively, over the previous year.

The service sector is likely to grow by 9.46 per cent as compared to previous year, in 2017-18, it added.

As per advance estimate, the GSDP at current price (market prices) is likely to increase to Rs 2,91,681 crore as against Rs 2,62,263 crore estimated for 2016-17.

The growth is about 11.22 per cent.

The report underlined that (per capita NSDP at current prices) in 2017-18 is likely to attain the level of Rs 92,035 per year.

The will increase by 9.22 per cent as compared to previous financial year, the report said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, February 09 2018. 20:45 IST