Tamil Nadu: State Economy

Tamil Nadu:
State preservation

This paper work is a content survey comparing the socio
and economic factors of Tamil Nadu with the nation
done as a project in the course of Indian Economic
Development.

Indian Institute of
Technology Mandi
4/11/2011

A interior(a) Survey:
Indian Economic Development

:: Tamil Nadu: State Economy ::
Tamil Nadu is located in the South lying in the peninsula between the Bay of Bengal in the East, the
Indian Ocean in the South, the Western Ghats and the Arabian Sea on the West. Thus extending over
an sweep of 130,058 sq. Km. Chennai, the state capital has emerged as the hub of commercial activities
due to its strategical location, which has given it a competitive advantage. It has a fantastic net of
banking and financial institutions. Besides this, it also has modern telecommunication infrastructure.
Tamil Nadu frugality statistics stand almost in accordance with that of India. let us compare its
statistics with the bailiwick figures over a dot of 10 years.
? Gross State Domestic fruit
The structural written material of the state economy has remained more or less the equal over the
past few years. Tamil Nadu has been performing comfortably on the economic front with its Gross
State Domestic Product (GSDP) at Rs.228479 Crore at current prices in 2010-11.



At constant
prices (1999-2000), the GSDP was Rs.203485 Crore. It has been ripening at a compound
annual growth rate (CAGR) of 9.26 per penny from 1999-00 onwards. In the last 5 years since
2004 - 05 to 2008 - 09, the state economy grew at an average annual growth rate of 8.71 per
cent and about 12-14% until now over a go.

The Gross national Domestic product has increased from Rs. 1786525 Crore to Rs. 5668332
Crore over the last decade until 2010, which was sufficiently contributed by Tamil Nadu (5th
highest contributor among all the Indian states) whose GSDP increased from Rs. 134187
Crore to Rs. 339212 Crore.
1999 2000
(QE)

2004 2005
(QE)

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