Question

In 2016-17, Haryana GSDP was growing at
1. 6.7 percent
2. 7.6 percent
3. 8.7 percent
4. 10 percent

Answer 1

Correct Answer - Option 3 : 8.7 percent

The answer is 8.7 percent.

• Haryana’s Economy:
  • The Department of Economic & Statistical Analysis, Haryana (DESA) prepares the estimates of Gross State Domestic Product (GSDP).
  • Economy:
    • The GSDP of Haryana has grown in the range of 7% to 9% between 2012-13 and 2016-17. The growth rate dropped to 5.7% in 2014-15.
    • The real growth of 8.7 % recorded in GSDP of the State in 2016-17 is higher than the All India GDP growth of 7.1 %. 
    • The services sector with a share of 52% in the GSDP grew by 11% in 2016-17 over the previous year. Manufacturing, which contributes 30% to the GSDP grew by 6.1%. Agriculture with a share of 18% grew by 7% in 2016-17.
  • Per capita income: 
    • The per capita GSDP of Haryana in 2016-17 (at current prices) was Rs 1,99,612. This is 11% higher than 2015-16 when the per capita GSDP was Rs 1,79,432.