Madhya Pradesh's Gross Domestic Product ( GDP) shines

Madhya Pradesh's growth rate has swelled to 12 per cent in the last fiscal from 8 per cent in 2010-11.

Besides, the state, having agrarian economy, recorded 18 per cent agriculture growth rate in 2011 - 12,. 

This twin growth will benefit a large populace in the construction and agriculture sector by opening avenues of better health, education facilities, among other things for them. It development will also pave way for greater capital investment and production.

Furthermore, MP has clocked close to 17 per cent in manufacturing and 8 per cent in industrial growth augmenting job opportunities.

In last four years, MP stood third in terms of growth in country and it growth rate had been above the all India average growth rate. .

A decade ago, MP witnessed a negative growth. It was -7 per cent in the fiscal 2000-01 and -4 per cent in 2002-03 and it was mere 3 per cent in 2004-05. 

Source link http://timesofindia.indiatimes.com/india/Madhya-Pradeshs-GDP-goes-up-to-12-per-cent/articleshow/14502670.cms

Contributed By:
इंजिनियर सत्येन्द्र जैन Satyendra Jain
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