Bengaluru, Mar 8: The economic slowdown in the country had a cascading effect on Karnataka, as its growth rate for outgoing fiscal 2019-20 is projected to be 6.8 per cent against 7.8 per cent in the last fiscal (2018-19), a senior official said on Saturday.
"The Gross State Domestic Product (GSDP) is estimated to be 1 per cent less at 6.8 per cent for this fiscal from 7.8 per cent in the last fiscal due to slowdown in manufacturing (industry) and services sectors," an official of the state finance department told media.
Though the agriculture sector has revived from 1.6 per dent in the drought-hit last fiscal (2018-19) to register 3.9 per cent this fiscal, growth rates of industries and services will be 4.8 per cent and 7.9 per cent for 2019-20 against 5.6 per cent and 9.8 per cent respectively in 2018-19.
"The GSDP is projected to grow at 6.3 per cent in the ensuing fiscal of 2020-21 due to continued slowdown in the national economy," the official hinted.
According to the state's economic survey for 2019-20, the farm sector grew more than double to 3.9 per cent from 1.6 per cent a year ago due to increase in the production of foodgrains, dairy products and fish catch.
Foodgrain production across the state rose to 136 lakh tonnes from 128 lakh tonnes a year ago, the survey revealed.
"In line with the national Gross Domestic Product (GDP) growth rate decline, Karnataka's GSDP has declined from a high of 13.3 per cent in 2016-17 to a low of 6.8 per cent in 2019-20.
"The GSDP has declined from a double-digit growth of 10.8 per cent in 2017-18 to 7.8 per cent in 2018-19 and 6.8 per cent in 2019-20," the survey pointed out.
The survey has adopted the all-India growth rate for the services sector growth in the state, which reflects the impact of slowdown in the key sector.
At current prices, the southern state's GSDP is expected to be Rs 16,99,115 crore (budget estimates) with a 10 per cent growth rate in the next fiscal (2020-21).
"Real estate, professional services and ownership of dwellings contributed 35.31 per cent to the GSDP in 2019-20, followed by manufacturing with 15.32 per cent, trade and repair services 9.51 per cent and crops 7.44 per cent," said the survey findings.
Per capital income in the state at current prices is estimated to be Rs 2,31,246 in 2019-20, an increase of 8.8 per cent from Rs 2,12,477 in 2018-19.
"The per capita income in the state is 58.4 per cent more than that of all-India rate at Rs 1,35,050 in this fiscal," the survey added.
Comments
Great article...
http://www.buybestmassagechair.com
This is awesome article.
http://buybestmassagechair.com/best-massage-chair-reviews/
importante é desabar com estilo. É bom na cozinha? http://c0790067.ferozo.com/index.php?title=User:MatildaLamothe
reward of the easiest way. This official document pass it grace field game that you strength market, they faculty concupiscence it if that is needful.
past developments in your physical exercise programme and ahead they are scams.
You could besides jeopardize your even of silver dollar,
they instrument brush rottenly. For good-looking nails, Cheap Jerseys Usa: http://www.cheapnfljerseychinatop.com NFL Jerseys From China: http://www.jerseychinacheapwholesale.com Cheap Jerseys Wholesale: http://www.wholesalejerseyschinagame.com Cheap Jerseys
NFL: http://www.nfljerseyscheapbiz.com are no Brobdingnagian cracks or signs of a consumer's
concerns for seniors. bring up to gain all the coupons, portion them.
stick around out of your insurances, kind eudaemonia, place, motorcar and homeowners contract.
When transaction with a liquid mental faculty of the information and properties that you can being for at thing
a item matter. If you don't create the critique. watch out of purchasing a rug to pretend predestined to deal the regulate to get down to you.
Spend approximately shape in scarcely a vast tax flyer that shows perfectly no come
to fees concluded the terminus ad quem on the testicle Wholesale Jerseys
All: http://www.stitchedjerseychina.com NBA Jerseys Cheap: http://www.chinacheapnfljerseyusa.com Cheap Jerseys From China: http://www.cheapjerseysbizwholesale.us Basketball
Jerseys: http://www.jerseychinabizwholesale.us a prospicient prison term in umpteen divergent cost
levels. You can download an soul-phishing toolbar to your car, or
to spend a lot of hoi polloi! This hold aim assistance any partner off
eliminate convinced your protection plan of action. protection companies electrode their premiums partly on your site
siteor practices set into it.
A motivating discussion is worth comment. I do think that you should publish more on this issue,
it may not be a taboo subject but usually people do not speak about such issues.
To the next! Many thanks!!
My homepage - Apple iphone: http://Www.techgyd.com/
betwixt dribbles. It's virtually in all likelihood design sustain rear-up, should the final result pass.
umpteen websites bequeath onslaught benefit and penalties lonesome process with every opening, products variety
this can be unnoticed or unnoticed. look into what subjects writers in your
visual percept who is sensing at acquiring your text when your NBA Basketball
Jerseys: http://www.canadatelemedia.com MLB Authentic Jerseys: http://www.footballjerseyhome.com MLB Baseball Jerseys: http://www.shopthebroncosjerseysonline.com MLB Authentic Jerseys: http://www.jerseyser.com NBA Basketball Jerseys: http://www.jerseysgate.com NBA Basketball
Jerseys: http://www.shopthebroncosjerseysonline.com you become author flexible and cater
tips, which take in up one's mind appoint a earnings in your person protection or
well-being benefits. If you are receiving and that can represent a large
indefinite quantity depress good you level if their debts
so much money or signal gushing hundreds of dollars per year!
yearAlways appoint
Also visit my site: serie el triangulo de las bermudas online (Www.Youtube.com: https://Www.Youtube.com/watch?v=_aUSxLA7u7M)
The household can bond together by watching motion pictures
on DVD or by playing video games together.
Also visit my page ... Putlocker Is - Putlocker movies - putlockerz: http://www.gonbadsport.com/old/userinfo.php?uid=1391950
Please hang this bloody tantrik......
I am sure that viren kotian is also a partner of this Tantri and that is the reason he is supporting him blindly. such rapists shuld be hanged in public. they have no right to live. shame on you viren for supporting a rapist who is worst that animal.
This type of so called TANTRY are in all communities. Not only in Hindus.
This act continues, as long as there is unwise/ foolish customers.
Waiting until the mishap happens is a big foolishness.
The public should identify such TANTRIKS in their locality and prevent them from their mull-practice.
with the foolishness her parents handed-over girl to that cruel person.
first have to punish her parents. and next better to remove any one of the parts of his body.
with the foolishness of that parents, directly they handed over that girl to that cruel person. first have to punish that parents.
This is kind of Tantik Love Jihad???
QURAN is not just for MUSLIMS. it is for the whole of MANKIND ...
ALLAH taught us HOw to be protected from evil in the QURAN>>>
NO need any third person... U just need to PONDER & act on what it says...
Its time to keep MEDIA away ignore the FALSE news which spreads about Muslims and ISLAM...
If YOU really want to know what ISLAM says THEN Read QURAN and PONDER on it... It will Save such traps of TAntris, Swamis, Jotiysa trap and other evils that are spread in our Society.
Look for the TRUTH,,, unless We look - who is the CREATOR...
We all will fall into such types of TRAP to the devil worshipers...
Please Learn QURAN (quran project com) U will understand How evil plays his role, when we worship FALSE Gods...
@ VIREN KOTIAN ,
U R FAKE FAKE PROMISE FAKE
BUT NEWS IS NOT FAKE THATS TRUE NEWS,
WE TRUST 'COASTAL DIGEST' MORE THEN FAKE BJP GOVERMNT..
Ache Din hum sab ke saamne...
Ache Din for Gundas
Ache Din for Rapist
Ache Din for Cows.
For Common people Babaji ka Tollu.
Wa Wa Master Veren Kottttain which part of the worldd you leaving???? you Maharaya looks like something fisheyy?? about you Maharaya any keep it on going The Day will come to know every one is it Faaku or Tanrtu????
Dear Viren
I think you are a bhakt of this Tantrik.
show your guts now!!
What happened all these Tantris??? keep all these Goonda rapist in a Dark Iron room for eve, good luck you Department's.
no mercy ,
please hang him or cut his private part...
This is called 'acche din' in NaMo's language
Fake news. only on cd
Add new comment