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What does Figure 2.1 primarily illustrate?
What does Figure 2.1 primarily illustrate?
Which of the following figures would provide information about the total production of lentil in the state?
Which of the following figures would provide information about the total production of lentil in the state?
If one wanted to analyze the change in economic output over time, adjusting for inflation, which figure would be most useful?
If one wanted to analyze the change in economic output over time, adjusting for inflation, which figure would be most useful?
Which figure would be relevant to analyze the spatial distribution of a crop like paddy?
Which figure would be relevant to analyze the spatial distribution of a crop like paddy?
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What is the unit of measurement used in Figure 4.10 for the production of major spices?
What is the unit of measurement used in Figure 4.10 for the production of major spices?
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What sector saw a decrease in its contribution to Madhya Pradesh's economy at current prices from FY 2022-23 to FY 2023-24?
What sector saw a decrease in its contribution to Madhya Pradesh's economy at current prices from FY 2022-23 to FY 2023-24?
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Which sector experienced a rise in its contribution to the economy at constant prices (2011-12 base year)?
Which sector experienced a rise in its contribution to the economy at constant prices (2011-12 base year)?
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Which of the following is NOT a factor contributing to the decline in the secondary sector's contribution at current prices?
Which of the following is NOT a factor contributing to the decline in the secondary sector's contribution at current prices?
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What sector showed the largest increase in contribution at constant prices between FY 2011-12 and FY 2023-24?
What sector showed the largest increase in contribution at constant prices between FY 2011-12 and FY 2023-24?
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Which sector's contribution to Madhya Pradesh's economy has been consistently increasing in both current and constant prices?
Which sector's contribution to Madhya Pradesh's economy has been consistently increasing in both current and constant prices?
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Which of the following best describes the trend in the primary sector's contribution to Madhya Pradesh's economy at constant prices?
Which of the following best describes the trend in the primary sector's contribution to Madhya Pradesh's economy at constant prices?
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The text suggests that the secondary sector's contribution to Madhya Pradesh's economy is:
The text suggests that the secondary sector's contribution to Madhya Pradesh's economy is:
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Which of the following is NOT a key factor contributing to the growth of the primary sector in Madhya Pradesh?
Which of the following is NOT a key factor contributing to the growth of the primary sector in Madhya Pradesh?
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According to the provided figures, what data is represented in Figure 5.2?
According to the provided figures, what data is represented in Figure 5.2?
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What does Figure 5.7 primarily show in detail?
What does Figure 5.7 primarily show in detail?
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Which of the following is the primary focus of Figure 5.11?
Which of the following is the primary focus of Figure 5.11?
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According to Figure 6.3, what is the subject of the data presented?
According to Figure 6.3, what is the subject of the data presented?
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What does Figure 7.1 depict in the context of ALPASS?
What does Figure 7.1 depict in the context of ALPASS?
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What, according to the figures, does Figure 8.2 focus on?
What, according to the figures, does Figure 8.2 focus on?
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Which figure presents data related to the percentage of man-days created by women?
Which figure presents data related to the percentage of man-days created by women?
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Figure 5.9 focuses on which aspect of the tourism sector?
Figure 5.9 focuses on which aspect of the tourism sector?
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Who is acknowledged for inspiring the holistic analysis theme of the Madhya Pradesh Economic Survey 2023-24?
Who is acknowledged for inspiring the holistic analysis theme of the Madhya Pradesh Economic Survey 2023-24?
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Besides the Chief Minister, who else is primarily acknowledged for their direct guidance in the creation of the Madhya Pradesh Economic Survey 2023-24?
Besides the Chief Minister, who else is primarily acknowledged for their direct guidance in the creation of the Madhya Pradesh Economic Survey 2023-24?
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Which individual is specifically credited with providing valuable insights and expertise in shaping the content of the Economic Survey?
Which individual is specifically credited with providing valuable insights and expertise in shaping the content of the Economic Survey?
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Who is noted for contributing significantly to shaping the document and deciding the important aspects to enrich the text of the Economic Survey?
Who is noted for contributing significantly to shaping the document and deciding the important aspects to enrich the text of the Economic Survey?
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Which individual is acknowledged for giving constructive feedback, keen observation, and continuous follow-up which enhanced the quality of the survey?
Which individual is acknowledged for giving constructive feedback, keen observation, and continuous follow-up which enhanced the quality of the survey?
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Who is thanked for providing excellent views on the state of the economy for the Economic Survey?
Who is thanked for providing excellent views on the state of the economy for the Economic Survey?
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Which team is specifically recognized for their tireless research efforts in drafting chapters of the Economic Survey 2023-24?
Which team is specifically recognized for their tireless research efforts in drafting chapters of the Economic Survey 2023-24?
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Besides specific individuals, which group is thanked for their cooperation in providing relevant data and departmental insights for the creation of the document?
Besides specific individuals, which group is thanked for their cooperation in providing relevant data and departmental insights for the creation of the document?
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What does GSDP stand for?
What does GSDP stand for?
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Which year serves as the base for constant prices in the GSDP data?
Which year serves as the base for constant prices in the GSDP data?
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What aspect is depicted in Figure 1.1 of the Economic Survey?
What aspect is depicted in Figure 1.1 of the Economic Survey?
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How would the GSDP at constant prices generally be characterized?
How would the GSDP at constant prices generally be characterized?
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Why is it important to distinguish between current and constant prices?
Why is it important to distinguish between current and constant prices?
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What would typically happen to GSDP at constant prices if inflation rises significantly?
What would typically happen to GSDP at constant prices if inflation rises significantly?
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In what format is the GSDP data typically presented in the Economic Survey?
In what format is the GSDP data typically presented in the Economic Survey?
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Which of the following would NOT be a likely use of GSDP in economic analysis?
Which of the following would NOT be a likely use of GSDP in economic analysis?
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What is the estimated fiscal deficit for the year 2023-24 as a percentage of GSDP?
What is the estimated fiscal deficit for the year 2023-24 as a percentage of GSDP?
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What amount of external assistance is estimated for FY 2023-24?
What amount of external assistance is estimated for FY 2023-24?
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By how much is agricultural credit expected to have grown from FY 2005-06 to FY 2023-24?
By how much is agricultural credit expected to have grown from FY 2005-06 to FY 2023-24?
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What is the projected capital expenditure as a percentage of GSDP for FY 2023-24?
What is the projected capital expenditure as a percentage of GSDP for FY 2023-24?
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Which crop saw the highest percentage increase in production in FY 2023-24?
Which crop saw the highest percentage increase in production in FY 2023-24?
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What percentage did non-performing assets (NPAs) decrease for private banks?
What percentage did non-performing assets (NPAs) decrease for private banks?
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What was the total revenue receipts estimated for FY 2023-24?
What was the total revenue receipts estimated for FY 2023-24?
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What increase was observed in the production of horticultural crops from 2022-23 to 2023-24?
What increase was observed in the production of horticultural crops from 2022-23 to 2023-24?
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Study Notes
Madhya Pradesh Economic Survey 2023-24 Highlights
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GSDP Growth: GSDP at current prices increased over the years. Growth driven by crops (32.29-32.32%) and livestock (7.51-7.84%). Fishing/aquaculture and mining/quarrying also experienced growth. At constant prices (2011-12 base), primary sector contribution remains significant with positive growth in livestock, fishing, and mining.
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Secondary Sector: At current prices, the secondary sector's contribution has declined (18.93% in 2022-23 to 18.47% in 2023-24). This is attributed to decreases in manufacturing and certain services. At constant prices, secondary sector shows a slight increase.
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Primary Sector: Sustained contributions from crops & livestock (reflecting enhanced agricultural productivity), highlighting the sector's crucial role in Madhya Pradesh's growth and stability.
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Financial Position: Fiscal deficit estimated at Rs 55,709 crore (4.02% of GSDP). Revenue surplus of Rs 413 crore. External assistance of Rs 6,500 crore. Increased tax revenue (land, stamp duty, SGST) and total revenue receipts estimated at Rs 2,25,710 crore (80.14%).
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Investment Growth: Capital expenditure as a percentage of GSDP projected to increase (3.23% to 3.90%). Loans and advances also projected to increase.
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Banking Sector: Significant increase in agricultural credit (16.4% CAGR from FY 2005-06 to FY 2023-24) and MSME sector credit growth (33.85% CAGR). NPAs (non-performing assets) of private banks, small finance banks, and regional rural banks have decreased.
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Agriculture & Rural Development: 0.20% increase in major crop production overall in FY23-24. Cereal production mildly decreased, pulse production saw a significant rise (42.62%), and oilseeds saw a moderate increase (7.32%). Horticultural crop production also increased, especially spices.
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Figures: Numerous figures (e.g., per capita income, sectoral contribution, rainfall patterns, crop production, factory data, tourist arrivals, power generation) illustrate the data points detailed in the report.
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Description
This quiz covers key highlights from the Madhya Pradesh Economic Survey 2023-24, focusing on the growth in GSDP, contributions from various sectors, and the fiscal position of the state. Understand the dynamics of the primary and secondary sectors and their impact on the state's economy.
