Despite COVID, Telangana registers 1.35 per cent GSDP growth in current fiscal

INSUBCONTINENT EXCLUSIVE:
Hyderabad: Despite the Covid-induced economic slowdown, Telangana state has "outperformed" various and registered a 1.35 per cent GSDP
growth in the current fiscal 2020-21.The state also registered 0.61 per cent growth in per capita income, according to data submitted to the
Centre by the state government's Directorate of Economics and Statistics
crore and per capita income at Rs 2,27,145
At the national level, the GDP was Rs 203.51 lakh crore last year
This year, in 2020-21, it fell to Rs195.86 lakh crore, amounting to a decrease of 3.8 per cent.At the national level, the per capita income
decreased by 4.8 per cent
It came down from Rs 1,34,186 in 2019-20 to Rs 1,27,768 in 2020-21
Telangana's per capita income on the other hand increased from Rs 2,25,756 to Rs 2,27,145.Telangana has been registering over 12 per cent
GSDP growth since its formation in 2014
to 14.24 per cent in 2015-16
It fell slightly to 13.92 per cent in 2016-17, maintained steady growth at 13.93 per cent in 2017-18, 13.41 per cent in 2018-19 and 13.49
per cent in 2019-20
Thanks to the Coronavirus pandemic, the subsequent lockdowns and the economic slowdown in 2020-21, the GSDP growth rate fell sharply to 1.35
per cent.