India News | Chhattisgarh Set for Double-digit Growth; GSDP Growth Projected at 11.57 Percent in FY 2025-26
Get latest articles and stories on India at LatestLY. Chhattisgarh is expected to sustain robust economic growth in the financial year 2025-26. The state's Gross State Domestic Product (GSDP) at current prices is projected to rise from Rs 5.65 lakh crore in 2024-25 to around Rs 6.31 lakh crore in 2025-26, as per the Economic Survey Report presented in the state assembly on Monday.
New Delhi [India], February 24 (ANI): Chhattisgarh is expected to sustain robust economic growth in the financial year 2025-26. The state's Gross State Domestic Product (GSDP) at current prices is projected to rise from Rs 5.65 lakh crore in 2024-25 to around Rs 6.31 lakh crore in 2025-26, as per the Economic Survey Report presented in the state assembly on Monday.
With an estimated growth rate of 11.57 per cent, the state is set to outperform the national average and maintain strong economic momentum.
Chhattisgarh continues to demonstrate solid economic fundamentals even at constant prices (base year 2011-12). The report tabled by the Planning, Economics and Statistics Department Minister OP Choudhary pointed out that the state's GSDP, estimated at Rs 3.31 lakh crore in 2024-25, is projected to rise to Rs 3.58 lakh crore in 2025-26, reflecting a real growth rate of 8.11 percent. This underscore sustained expansion in actual output and production capacity.
A sector-wise assessment shows that growth is broad-based and well-distributed. At current prices, agriculture and allied sectors are expected to grow by 12.53 percent, industry by 10.26 percent, and services by 13.15 percent. The figures highlight a balanced development trajectory, with all three key sectors playing a significant role in driving the state's economic progress.
Chhattisgarh continues to witness positive momentum even in real terms. At constant prices for 2025-26, agriculture is projected to grow by 7.49 percent, industry by 7.21 percent, and services by 9.11 percent, reflecting a steady expansion in actual economic activity and reinforcing the state's structural resilience.
In terms of GSDP composition at current prices, agriculture is expected to account for 20.64 percent of the economy, industry 46.59 percent, and services 32.77 percent. The dominant share of industry highlights the state's strong manufacturing and mining foundation, while the services sector is maintaining consistent growth, further strengthening the overall economic framework.
Encouraging signs are also visible on the income front in Chhattisgarh. As per the Economic Survey, per capita income at current prices is projected to rise from Rs 1,62,848 to Rs 1,79,244 in 2025-26, marking a growth of 10.07 percent. The increase is expected to boost domestic demand, consumption levels, and overall economic momentum across the state.
Reacting to the survey findings, Chhattisgarh Chief Minister Vishnu Deo Sai said the government remains committed to "inclusive and balanced growth."
He emphasized that equal priority is being given to strengthening agriculture, encouraging industrial investment, and expanding the services sector, with the goal of establishing Chhattisgarh as one of the country's leading state economies.
He expressed confidence that the state's growth rate will further strengthen in the coming years due to the expansion of infrastructure, an investment-friendly environment, and continued focus on human resource development. (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)