Telangana tops country in terms of per capita Net State Domestic Product at Current Prices.

Why in news?

• Telangana became the top performing state in India with a population over one crore in terms of growth rate of Per Capita Net State Domestic Product at Current Prices by Ministry of Statistics and Programme Implementation (MoSPI).
• It succeeded other states like Maharashtra, Karnataka and Tamil Nadu.
• The Gross State Domestic Price (GSDP) of Telangana increased from Rs 359434 crores in 2011-12 to Rs 1,154,860 crores in 2021-22.
• It recorded GSDP growth by 31.12 per cent from 2011-12. It is one of the highest growth rates for any state in the country.
• In terms of the percentage growth in GSDP, Telangana has shown the most rapid increase in its growth rate by around 17% from 2020 to the present.
• Telangana provided more impetus to policies to transform the agricultural sector and simultaneously boost the growth for the IT (Information Technology) and the pharma sectors.
• Major projects including Rythu Bandhu scheme for farmers, world’s largest lift irrigation Kaleshwaram project to provide water to the fields and Arogya Laxmi scheme for pregnant and lactating women.