Questions and Answers
What is the highest recorded growth rate in India from the provided data?
Which year marks the lowest growth rate recorded according to the given data?
Which of the following states had a consistent growth rate below the national average from the data provided?
During which fiscal year did India's economic growth rate not exceed 10%?
Signup and view all the answers
Which term best describes the relationship between GSDP contribution and national GDP trends as inferred from the data?
Signup and view all the answers
In which sector did the GSDP show the highest growth from 2019-20 to 2022-23?
Signup and view all the answers
Which sector experienced a decline in GSDP from 2018-19 to 2019-20?
Signup and view all the answers
What was the total GSVA at basic prices in 2022-23?
Signup and view all the answers
Which two sectors had a GSDP below 50,000 crores in 2017-18?
Signup and view all the answers
What growth category did the 'Trade, Repair, Hotels and Restaurants' sector fall into for the year 2021-22?
Signup and view all the answers
By how much did the GSDP for 'Electricity, Gas, Water supply and Other Utility Services' increase from 2019-20 to 2022-23?
Signup and view all the answers
Which sector had the lowest GSDP contribution in 2021-22?
Signup and view all the answers
What was the GSDP for 'Financial Services' in 2022-23?
Signup and view all the answers
From which sector did the GSDP show a consistent increase over the years with no decline?
Signup and view all the answers
How did the total GSDP change from 2020-21 to 2021-22?
Signup and view all the answers
Which sector experienced the highest growth rate in 2016-17?
Signup and view all the answers
What was the growth rate for the Electricity, Gas, Water Supply and Other Utility Services sector in 2015-16?
Signup and view all the answers
In which year did the Agriculture, Livestock, Forestry and Fishing sector see a decline in growth rates?
Signup and view all the answers
What was the trend of the GSDP from 2016-17 to 2017-18?
Signup and view all the answers
Which sub-sector under Trade, Repair, Hotels and Restaurants had the highest growth rate in 2014-15?
Signup and view all the answers
Which industry sector saw the lowest growth rate in the year 2013-14?
Signup and view all the answers
What was the average growth rate of Financial Services from 2012-13 to 2017-18?
Signup and view all the answers
In which year did the Manufacturing sector experience the highest rate of growth?
Signup and view all the answers
Which of the following years showed consistent growth in the GSDP across different sectors?
Signup and view all the answers
Which sector had the highest fluctuations in growth rates from 2012-13 to 2017-18?
Signup and view all the answers
Study Notes
Sectoral Growth Rates Overview
- Agriculture, Livestock, Forestry, and Fishing experienced fluctuating growth from 2012-13 to 2017-18, peaking at 23.3% in 2012-13, before dipping to a low of -0.7% in 2014-15.
- Crops have shown significant volatility with a high of 25.3% in 2012-13 and a sharp decline to -11.4% in 2014-15.
- Livestock sector growth remained relatively stable, reaching 17.7% in 2014-15.
- Forestry and Logging surged to 34.5% growth in 2016-17 but dropped again to 9.6% in 2017-18.
- Fishing and Aquaculture peaked at 60.6% in 2017-18 after fluctuating drastically in earlier years.
Other Economic Sectors
- Mining and Quarrying fluctuated with a notable low of -2.4% in 2013-14 but recovered to 18.0% in 2017-18.
- Manufacturing growth has been less stable overall, with a significant dip of -10.8% in 2012-13, and improved to 11.9% by 2017-18.
- Electricity, Gas, and Water supply exhibited extreme variation; a decline of -24.7% in 2012-13 turning into a high of 44.8% in 2017-18.
- Construction growth remained modest but saw considerable improvement to 20.8% in 2017-18.
- Trade, Repair, Hotels, and Restaurants consistently showed strong growth, with a peak of 25.3% in 2014-15 and 19.8% in 2017-18.
Transport and Communication
- The Transport and Storage sector experienced steady but modest growth, peaking at 18.0% in 2017-18.
- Air Transport demonstrated remarkable growth at 85.6% in 2017-18 after highs and lows in previous years.
- Communication and Services related to Broadcasting had an increasing trend, reaching -9.8% by 2017-18 after previous gains.
Financial and Real Estate Services
- Financial Services maintained a growth trajectory, consistently rising to 12.2% by 2017-18 after starting at 11.1% in 2012-13.
- Real Estate and Professional Services exhibited strong growth, peaking at 24.7% in 2012-13 before declining to 9.6% in 2017-18.
Public Administration and Other Services
- Public Administration growth peaked at 27.7% in 2015-16 but declined to 9.7% by 2017-18.
- Other Services maintained stable growth rates, peaking at 22.1% in 2016-17 and then returning to 11.6% in 2017-18.
General Economic Indicators
- The Total Gross State Value Added (GSVA) showed general growth over the years, ranging from 11.7% in 2012-13 to 13.3% in 2017-18.
- GSDP growth mirrored the GSVA pattern, including a steady rise from 11.7% to 13.9%.
- Taxes on Products increased steadily, outperforming previous years at 19.4% in 2017-18, while Subsidies saw fluctuations.
- GSDP reached 13,13,391 crores by 2022-23, marking significant growth from previous years.
All-India Comparative Data
- By 2022-23, All India Growth Rates remained competitive, with notable figures like 19.7% for Agriculture and 16.3% for Financial Services reflecting a robust overall economic environment.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
This quiz covers the growth rates of various sectors such as Agriculture, Manufacturing, and Mining from 2012 to 2018. It highlights fluctuations in growth, peak years, and notable declines across different economic sectors. Test your knowledge on the performance of these sectors over the specified period!
