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
It is not a big deal....in Darga you wont find any God.....LOL...
Temple or dargah both are same which leads to shirk..... both believers of temple and dargah has lack of religious knowledge, instead of reading their religious books this people are believing this fraud baba, tantrik, swami, tangal, koya etc.... may Allah give hidaya to all the human beings in this earth to know the truth
I am sure that Trupti Desai is doing such unwanted acts only to get popularity. Is she really concerned about women, she should fight agaisnt dowry, killings of woman in the name of dowry, rape, misbehave by immoral police etc etc. In the same time, Desai should know that Dargah is not a holy place for Muslims and there is no need of any Muslim to pray in the Dargah. Muslim women are given freedom to pray in their home. Instead of praying at home why are they so eager to visit Dargah or Masjid. Does they want to show their beauty? why are they interested in unnecessary activities which is being supported by Desai whereas she is not interested in actual and important things. Does Desai has no other job?
Think Brothers Think ... and PONDER, is DARGAH culture allowed in ISLAM? Y are we encouraging this system of worship... which is close to the cultures of pagan worshipers...
WORSHIP ALLAH the way Prophet Muhammad pbuh taught us and follow the Sahabas RA .. When U follow the last and final prophet of ALLAH, U will not be trapped with such humiliation. When we follow our own desire... then expect such treatment ...
Prayer of the Mushriks.. There is no Darga concept in islam.
Dear Desai,
Just for your information it is one and the same, if you pray in darga or in temple it will go nowhere. worship the creator not his creation.
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