Hyderabad: Andhra Pradesh now occupies the top slot in the country in terms of the growth rate of gross state domestic product (GSDP).

The performance appraisal document recently released shows that AP stood first with 10.99% growth in GSDP for 2015-16. The growth rate of GSDP in other states is: Bihar (10.27%), MP (10.16%), Telangana (9.24%), Maharashtra (8%), Karnataka (6.2%), Odisha (6.16%) and Punjab (5.96%).

Official statistics show that AP contributes 4.3%of all-India gross domestic product. AP stands at seventh position in respect of area and 10th position in respect of population.

In terms of per capita income at current prices, AP crossed Rs 1 lakh mark for the first time during 2015-16. Andhra Pradesh, which stood ninth among states during 2014-15, has improved its position in 2015-16. AP with a per capita income of Rs 1.07 lakh per annum is preceded by Karnataka (Rs 1.45 lakh), Telangana (Rs 1.43 lakh) and Punjab (1.26 lakh).



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