Business News | Andhra Pradesh Per Capita Income Increased 14 Pc in 2022-23
Get latest articles and stories on Business at LatestLY. Per capita income in Andhra Pradesh increased to Rs 219,518 in 2022-23 as against Rs 192,587 in 2021-22, an increase of about 14 per cent on a yearly basis, Economic Survey document for 2022-23 showed on Wednesday.
Amaravati (Andhra Pradesh) [India], March 15 (ANI): Per capita income in Andhra Pradesh increased to Rs 219,518 in 2022-23 as against Rs 192,587 in 2021-22, an increase of about 14 per cent on a yearly basis, Economic Survey document for 2022-23 tabled on Wednesday showed.
The Economic Survey typically details the progress of various departments along with the statistics related to the economy of the state.
The annual document is prepared every year and presented in the Budget Session before the State Legislature.
The Economy Survey also typically gives some idea about the tone and texture of the actual Budget for 2023-24, which is typically presented a day before Budget day.
Also Read | Germany meets 2022 greenhouse gas emissions target.
Further, the Economic Survey document showed GSDP for the year 2022-23 is estimated at Rs 1,317,728 crore as against Rs 1,133,837 crore for the year 2021-22 (revised), with a net addition of Rs 1,83,891 crore to the state economy.
Sectorally, agriculture contributed 36.19 per cent, industry 23.36 per cent, and services 40.45 per cent, it showed. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)