Telangana Council of Science & Technology (TGCOST)

 Environment, Forests, Science & Technology Department

Government of Telangana

STI Activities / Other Programs
Economic Development in Telangana
Link: https://www.tsdps.telangana.gov.in/Economy_at_10_booklet.pdf
Gross State Domestic product
Table 1: GSDP/GDPofTelanganaandIndia(AtCurrentPrices)(Rs.Crores)
Year Telangana All India
2014-15 5,05,849 1,24,67,959
2015-16 5,77,902 1,37,71,874
2016-17 6,58,325 1,53,91,669
2017-18 7,50,050 1,70,90,042
2018-19 8,57,427 1,88,99,668
2019-20(TRE) 9,50,090 2,01,03,593
2020-21(SRE) 9,41,435 1,98,29,927
2021-22(FRE) 11,12,456 2,34,71,012
2022-23(AE) 12,93,469 2,72,03,767

Growthfrom2014-15to2022-23(%)

155.7 118.2

Table2:GSDP/GDPofTelanganaandIndia(AtConstantPrices)(Rs.Crores)
Year Telangana All India
2014-15 4,16,332 1,05,27,674
2015-16 4,64,542 1,13,69,493
2016-17 5,07,946 1,23,08,193
2017-18 5,57,410 1,31,44,582
2018-19 6,08,401 1,39,92,914
2019-20(TRE) 6,40,968 1,45,34,641
2020-21(SRE) 5,97,206 1,36,87,118
2021-22(FRE) 6,60,660 1,49,25,840
2022-23(AE) 7,10,610 1,59,71,090
Growthfrom2014-15to2022-23(%)

70.7

51.7


Fig 1: GrowthRate(%)ofGSDP/GDPofTelanganaandIndia(AtCurrentPrices)
Per Capita Income (PCI)
GrowthRate(%)ofPerCapitaIncomeofTelanganaandIndiaatCurrentPrices
  Year  

2014-15

 

2015-16

 

2016-17

 

2017-18

 

2018-19

2019-20 (TRE) 2020-21 (SRE) 2021-22 (FRE) 2022-23 (AE) AAGR(%)
Telangana

10.6

13.5

13.2

12.5

17.0

10.2

-2.4

17.8

16.1

12.1

India

9.5

9.4

10.6

9.9

9.3

5.1

-4.0

16.9

15.8

9.2


GrowthRate(%)ofPerCapitaIncomeofTelanganaandIndiaatConstantPrices
  Year  

2014-15

 

2015-16

 

2016-17

 

2017-18

 

2018-19

2019-20 (TRE) 2020-21 (SRE) 2021-22 (FRE) 2022-23 (AE) AAGR(%)

Telangana

5.6

10.7

8.2

8.2

11.6

4.4

-8.9

10.4

6.8

6.3

India

6.2

6.7

6.9

5.5

5.2

2.5

-8.9

7.6

6.0

4.2


Gross State Value Added (GSVA)
GrowthRate(%)ofGSVAatCurrentPrices-TelanganaandIndia
  Year  

2014-15

 

2015-16

 

2016-17

 

2017-18

 

2018-19

2019-20 (TRE) 2020-21 (SRE) 2021-22 (FRE) 2022-23 (AE) AAGR(%)

Telangana

10.6

13.7

13.2

13.3

14.2

11.9

-1.0

16.4

15.8

12.0

India

11.0

9.3

11.1

11.0

10.8

7.0

-1.0

17.9

15.2

10.3


GrowthRate(%)ofGSVAatCurrentPrices-TelanganaandIndia
  Year  

2014-15

 

2015-16

 

2016-17

 

2017-18

 

2018-19

2019-20 (TRE) 2020-21 (SRE) 2021-22 (FRE) 2022-23 (AE) AAGR(%)

Telangana

5.2

10.6

8.4

9.0

8.9

6.2

-7.3

9.3

6.9

6.4

India

7.2

8.0

8.0

6.2

5.8

3.9

-4.2

8.8

6.6

5.6


Sectoral Analysis
SectoralGrowthRates(%)atCurrentPricesinTelangana

 

Sector

 

2014-15

 

2015-16

 

2016-17

 

2017-18

 

2018-19

2019-20 (TRE)

2020-21 (SRE)

2021-22 (FRE)

2022-23 (AE)

Agriculture&Allied
Sectors

-0.7%

-0.5%

17.5%

13.9%

12.7%

37.0%

13.3%

6.1%

15.7%

Industries

1.5%

19.8%

3.4%

16.6%

20.9%

-0.6%

-4.6%

16.2%

9.5%

Services

18.1%

15.3%

15.9%

12.1%

12.2%

10.7%

-4.0%

20.1%

17.8%


AgricultureSectorGSVA(Rs.Crores)

Agriculture SectorGSVA(inRs.crores)

 

2014-15

 

2015-16

 

2016-17

 

2017-18

 

2018-19

2019-20(TRE)

2020-21(SRE)

2021-22(FRE)

2022-23(AE)

Crops

41,706

36,805

43,529

47,457

48,366

78,854

85,990

89,245

1,08,269

Livestock

29,282

33,755

39,816

46,595

57,513

68,865

79,823

86,515

94,955

ForestryandLogging

2,465

2,498

3,360

3,684

4,372

4,193

6,415

6,683

7,277

Fishing andAquaculture

2,670

2,649

2,275

3,654

4,042

4,694

5,254

5,883

7,483

Agriculture,Livestock,
ForestryandFishing

 

76,123

 

75,707

 

88,979

 

1,01,390

 

1,14,292

 

1,56,605

 

1,77,482

 

1,88,326

 

2,17,983

IndustriesSectorGSVAatCurrentPrices(Rs.Crores)

Industries SectorGSVA(inRs.crores)

 

2014-15

 

2015-16

 

2016-17

 

2017-18

 

2018-19

2019-20(TRE)

2020-21(SRE)

2021-22(FRE)

2022-23(AE)

Manufacturing

54,533

71,032

73,833

82,607

98,148

97,608

96,855

1,16,657

1,29,274

Electricity,Gas,Water
Supply

 

7,340

 

8,354

 

7,221

 

10,455

 

13,201

 

17,418

 

15,777

 

17,604

 

21,009

Construction

27,786

28,473

28,554

34,495

37,687

38,741

35,215

40,072

42,939

Mining andQuarrying

14,706

17,128

19,687

23,234

33,337

27,510

25,129

26,702

26,980

Total GSVA
(Industries)

 

1,04,366

 

1,24,988

 

1,29,295

 

1,50,790

 

1,82,373

 

1,81,276

 

1,72,975

 

2,01,035

 

2,20,203


ServiceSectorGSVAatCurrentPrices(Rs.Crores)

ServicesSectorGSVA(inRs.crores)

 

2014-15

 

2015-16

 

2016-17

 

2017-18

 

2018-19

2019-20(TRE)

2020-21(SRE)

2021-22(FRE)

2022-23(AE)

Trade, Repair, HotelsandRestaurants

64,269

74,736

86,693

1,03,866

1,28,745

1,48,211

1,24,399

1,76,747

2,16,374

Transport,Storage,Communication &ServicesrelatedtoBroadcasting

 

35,866

 

39,666

 

42,821

 

45,361

 

50,105

 

54,351

 

46,642

 

54,980

 

64,909

FinancialServices

30,261

33,123

36,356

40,783

43,841

46,663

48,518

51,563

59,194

Real Estate, Owner-ship of Dwelling andProfessionalServices

 

96,912

 

1,12,172

 

1,31,824

 

1,44,498

 

1,61,635

 

1,80,720

 

1,93,871

 

2,18,660

 

2,49,720

PublicAdministration

17,166

21,915

25,574

28,049

28,124

26,305

27,784

27,533

34,787

OtherServices

41,536

48,030

58,644

65,440

67,831

75,641

69,404

83,768

97,581

TotalGSVA(Services)

2,86,011

3,29,641

3,81,912

4,27,998

4,80,280

5,31,892

5,10,617

6,13,251

7,22,564


Gross District Domestic Product and Per Capita Income
The Gross District Domestic Product (GDDP) is considered to be one of the most important indica-torstome asure the economic growth of adistrict formaking planning and policy decisions,and for all ocationof resources and it also amain parameter toassess regional imbalances.

Highlights

  • Rangareddy, Hyderabad and Medchal- Malkajgiri are the most urbanized districts of the state, which account for 43.72% of thestateeconomyatcurrentpricesfortheyear2021-22.
  • For the year 2021-22 BhadradriKothagudem, and Warangal Urban are the best performingdistricts with growth rates of 34.2% and 24.9% respectively at current prices. Mahabubabad isalsoperformingequallywithWarangalUrbanwithagrowthrateof24.9%.
  • All the districts in the State achieved a positive nominal growth in their Gross District DomesticProduct (GDDP). 32 out of the 33 districts achieved double digit growth in their GDDP for theyear2021-22 at current prices.
  • 25 out of the 33 districts registered a growth rate above the national nominal growth rate(15.9% )in 2021-22 at current prices.
  • Rangareddy district stood in 1st placewiththehighestPCI(Rs.7,58,102)inthestatein2021-22atcurrentprices,which is 5.1 times the All India PCI in that year.
  • 32outofthe33districtsachieveddoubledigitgrowthintheirPCIfortheyear2021-22atcurrentprices.
  • AllthedistrictsintheStatehaveahigherPCIthanthecountry’sPCI(Rs.1,48,524)in2021-22atcurrentprices.

Fig. 1: GrossDistrictDomesticProduct(GDDP)atCurrentPrices(Rs.Crores)

Fig.2:PerCapitaIncome(PCI)atCurrentPrices(Rupees)