Economy, asked by eshant8660, 11 months ago

Why is tamil nadu most improved in terms of economy?

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Answered by Anonymous
8

The economy of Tamil Nadu is the second-largest state economy in India with ₹16.05 lakh crore (US$230 billion) in gross domestic product after Maharashtra and a per capita GDP of ₹186,000 (US$2,700). ... It is to commemorate the day the state was renamed from Madras Presidency

Tamil Nadu has clocked a growth rate of 8.09% in 2017-18, staging a recovery from the effects of November 2016 demonetisation and the introduction of Goods and Services Tax (GST) in July 2017.The State government data, approved by the Centre, revealed that this has been largely due to the double-digit growth rate of agriculture and allied activities aided by the other two sectors – industry and services. The farm sector registered 15.1% growth rate followed by industry’s 7.75% and services’ 6.55%. In absolute figures, the value of GSDP at constant (2011-12) prices was estimated at about ₹10.9 lakh crore during 2017-18

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