Gujarat is the fastest-growing state for the last nine years (from FY12 to FY21), according to the latest data released by RBI.
Indian states by GDP Growth
At constant 2011-12 prices, Mizoram has attained the highest GSDP per capita growth rate of 13.01% among 23 Indian states and union territories data available for 2019-20.
India's high-tech industry city Bengaluru is projected to be the fastest-growing city in the Asia-Pacific region in 2023 followed by Hyderabad, according to Oxford Economics, an independent economic advisory firm.
1) Per capita Income: on this parameter, in FY 2023, Telangana recorded the highest per capita income of ₹2,75,443. It was followed by Karnataka with ₹2,65,623, Tamil Nadu with ₹2,41,131, Kerala with ₹2,30,601, and lastly Andhra Pradesh with ₹2,07,771 among five major south Indian states.
Maharashtra is the richest state in India. The state capital Mumbai is also known as the economic capital of the country.
Gujarat, Karnataka, Haryana are top 3 fastest growing major state economies - Here's the complete list of top 10 states | Economy News, Times Now.
In addition to this, the Indian government's green energy push has led to the renewables industry growing at an astounding rate. Moreover, the forthcoming budget for F.Y. 2023-2024 will likely push renewables even further. This makes the energy sector one of the best sectors to invest in India right now.
The financial capital of India and home to India's richest billionaires, Mumbai is the wealthiest city in the country. It ranked on the 21th spot in the Henley & Partners World's Wealthiest Cities List 2023.
Mumbai is the financial capital of India and is one of the richest cities in India. It is the hub of India's film industry, also known as Bollywood, and has a thriving service sector, including banking, insurance, and real estate.
The list also includes the most livable cities in India. In the 2022 list, Bangalore secured first position, followed by Pune, Ahmedabad, Chennai, Surat, Navi Mumbai, Coimbatore, Vadodara, Indore and Greater Mumbai. Cities are judged based on culture and environment, stability, health, infrastructure and education.
Himalayan North
Besides the politics and modern history of this area, there is nothing to stop this being one of the most beautiful regions in the world: a land of green hills, verdant forests, and jagged, sky-piercing mountains.
1. Pune. Pune is the second most popular district in the Indian state of Maharashtra and the best weather city in India as well. The average temperature in Pune ranges from 21-30 degrees Celsius.
Kerala has the highest rate of literacy of any state in the country at 93.91%, and since the 2001 census, it has grown by up to 3%. Kerala is one of the states with one of the highest literacy rates in the nation, which highlights the value and age of education in the state.
On this basis, we will look at some of the Indian states that have excelled in administrative competence and demonstrated great resilience in management and development, thereby qualifying as the richest states in the country based on fiscal capacity. Maharashtra is considered India's richest state.
History. Punjab ranked first in GDP per capita amongst Indian states in 1981 and fourth in 2001, but has experienced slower growth than the rest of India, having the second-slowest GDP per capita growth rate of all Indian states and UTs between 2000 and 2010, behind only Manipur.
The overall growth remains robust and is estimated to be 6.9 percent for the full year with real GDP growing 7.7 percent year-on-year during the first three quarters of fiscal year 2022/23.
India will be the fastest-growing economy among the seven largest emerging markets and developing economies, despite a challenging external environment, said the World Bank in its global economic prospects report. A decade ago, India's GDP was the 11th largest in the world.
The lowest debts are with North-East states- Assam Rs 1.21 tr, Arunachal Rs 15917 crore, Meghalaya Rs 17433 crore, Mizoram Rs 12991crore, Nagaland Rs 16562 crore, Sikkim Rs 12982 crore and Tripura Rs 26446 crore.
Karnataka is India's third richest state. Karnataka's revised GSDP in 2020-21 was Rs. 18.03 trillion (US$ 247.38 billion).