When India’s GDP declines, Karnataka set to record higher growth rate of 8.5%

News Network
February 17, 2018

Buoyed by a robust growth in services sector, the Gross State Domestic Product (GSDP) of Karnataka is set to record higher growth rate of 8.5% even as the country's GDP growth is projected to decline to 6.5% in 2017-18 as compared to 7.1% in 2016-17 at constant prices (2011-12).

According to the state Economic Survey for 2017-18 tabled in the legislature ahead of the Budget for 2018-19 by Chief Minister Siddaramaiah, the services sector is expected to grow by 10.4% in 2017-18 as against a growth of 8.9% during 2016-17.

During the last few years, the services sector has been contributing a larger portion of GSDP. The share of the sector saw a marginal increase from 65.53% in 2016-17 to 66.63% in 2017-18. The contribution of real estate, professional services and ownership of dwellings is highest with 35% in 2017-18, followed by manufacturing (13.88%), trade and repair services (9.27%) and crops (7.68%), the survey said.

GSDP is the most important indicator in measuring economic growth of the state. While in 2016-17, the country's GDP was 7.1% at Rs 1,21,96,006 crore at constant (2011-12) prices, the state's GSDP was growing at 7.5% at Rs 8,74,395 crore. This is now (2017-18) expected to grow at 8.5% and reach Rs 9,49,111 crore.

The gross state value added (GSVA) growth rate of agriculture and allied sector in 2017-18 has been lowered to 4.9% compared to 5.7% in 2016-17 on account of the decline in the area under tur and paddy to 3 lakh hectares and 2 lakh hectares respectively, in kharif 2017-18 compared to 2016-17.

The industry sector, which comprises of mining and quarrying, manufacturing, construction and electricity, gas and water supply, is expected to grow by 4.9% in 2017-18 against a growth of 3.7% during 2016-17. Also, the state's real estate, professional services and ownership of dwellings, is expected to grow at 11.5% in 2017-18, whereas, the first revised estimates (FRE) of 2016-17 was 10%.

"Our government is managing finances without causing deficit of resources for the developmental schemes of the state, even in the midst of financial burden caused on account of waiver of farm loan and pay revision of government employees," Siddaramaiah said in his Budget speech.

The Net State Domestic Product (NSDP) at constant prices is estimated at Rs 8,48,692 crore, showing a growth of 8.5%. The NSVA growth of agriculture and allied activities, industry and services sectors are expected to be 4.8%, 4.8% and 10.3% respectively, the survey added.

Per capita state income of Karnataka (at current prices) is estimated to increase by 10.9% to touch Rs 1,74,551 during 2017-18, against Rs 1,57,436 in 2016-17. In 2015-16, it was Rs 1,42,267. Karnataka's per capita income is higher by 56.2% over all-India per capita income for 2017-18, which is Rs 1,11,782. The level of per capita state income at constant prices is also expected to grow from Rs 1,20,496 during 2016-17 to Rs 1,29,362 for 2017-18 to reach an increase of 7.4%.

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coastaldigest.com news network
June 8,2020

Bengaluru, Jun 8: Karnataka recorded 308 new COVID-19 cases in the past 24 hours, with the majority of patients being domestic returnees, raising the state's tally to 5,760 an official said, here on Monday. "Over 308 new cases were reported from Sunday 5 pm to Monday 5 pm," said the health official.

Like everyday Maharashtra returnees accounted for 96 per cent (267 cases) of the 277 new cases. Majority infections in Karnataka nowadays are returnees, mostly from the state's northern neighbour.

A few returnees also came from Tamil Nadu, Telangana and Andhra Pradesh. There was one international returnee, a 23-year-old man from Dakshina Kannada, who came from the UAE. Only 24 new infections were contacts of earlier cases.

On Monday, cases spiked in Kalaburagi, Yadgir, Bidar, Udupi, Bengaluru Urban, Ballari and Gadag.

Among the new cases, Kalaburagi contributed (99), followed by Yadgir (66), Bidar (48), Udupi (45), Bengaluru Urban (18), Ballari (8), Gadag (6), Shivamogga and Dharwad (4 each), Hassan and Dakshina Kannada (3 each), Bagalkote (2) and Koppal and Ramnagar (1 each). Four patients are suffering from Influenza-Like Illness (ILI).

Meanwhile, record 387 patients got discharged in the past 24 hours. On Monday, three persons - A 67-year-old man, a 48-year-old woman and another 65-year-old woman, all from Bengaluru Urban, succumbed to coronavirus.

Of all the cases, 3,175 are active, 2,519 discharged, 64 dead and 14 in the ICU.

In the past 24 hours, Karnataka tested 8,779 people. Of this, 8,231 reports returned negative. A number of tests were lower than other days. In total, 3.93 lac samples have been tested so far, of which 3.8 lac have returned negative.

Currently, Udupi is leading the state's COVID-19 burden with 628 active cases, followed by Kalaburagi (539), Yadgir (488), Raichur (276) and Bengaluru Urban (176) among others.

Bengaluru Urban has accounted for 18 deaths, followed by Kalaburagi (7), Bidar, Vijayapura, Davangere and Dakshina Kannada (6 each) and Chikkaballapur (3 each), among others.

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News Network
June 24,2020

Bengaluru, Jun 24: The Karnataka government on Tuesday announced that fever clinics would be established at all district-level and taluk-level hospitals, wherein fever cases would be screened in a separate area.

"Fever clinics to be established at all district hospitals/district-level hospitals and taluk-level hospitals, wherein all fever cases should be screened 24x7 in a separate area and for Influenza-Like Illness (ILI) and Severe Acute Respiratory Illness (SARI) cases to be subjected for swab testing," read a circular from the Department of Health and Family Welfare dated June 22.

The circular said that private institutions in the corporation areas should also be designated as fever clinics.

"100 per cent of Community Health Centres (CHC), 50 per cent of Primary Health Centres and Urban Primary Health Centres (UPHC) to be converted as exclusive fever clinics to screen ILI/SARI during working hours. The remaining PHC/UPHC to cater to non-COVID-19 cases. All health institutions need to have a separate entry for COVID and non-COVID services," the circular further said.

Karnataka on Tuesday reported 322 fresh COVID-19 positive cases and eight deaths.
According to the state health department, the total number of positive cases has mounted to 9,721 and 150 deaths. So far, 6,004 people have been discharged.

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News Network
June 10,2020

New Delhi, Jun 10: India on Wednesday reported a spike of 9,985 more COVID-19 cases in the last 24 hours, taking the country's COVID-19 count to 2,76,583, according to the Union Ministry of Health and Family Welfare.

279 deaths were reported in the last 24 hours taking the total death toll to 7,745.

The total number of active cases has reached 1,33,632 while 1,35,205 patients have recovered. While one person has migrated.

With 90,787 cases, Maharashtra reported the highest number of coronavirus cases in the country followed by Tamil Nadu with 34,914 cases.

According to the Indian Council of Medical Research (ICMR), 1,45,216 samples were tested in the last 24 hours while overall 50,61,332 samples have been tested so far.

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