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Explain the highlights of Tamil Nadu Economy?

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Highlights of Tamil Nadu Economy:

1. Growth of SGDP in Tamil Nadu has been among the fastest in India since 2005. 

2. Poverty reduction in Tamil Nadu has been faster than that in many other States. 

3. Tamil Nadu ranks 3 in terms of invested capital (Rs 2.92 lakh crore) and value of total industrial output (Rs 6.19 lakh crore). 

4. Tamil Nadu ranks first among the states in terms of number of factories with 17% share and industrial workers (16% share) of the country.

5. Tamil Nadu is placed third in health index as per the NITIAAYOG report. 

6. Tamil Nadu has a highest Gross Enrolment Ratio in higher education. 

7. Tamil Nadu has the largest number of engineering colleges. 

8. Tamil Nadu has emerged as a major hub for renewable energy.

9. Tamil Nadu has highest credit Deposit Ratio in commercial and co – operative banks. 

10. Tamil Nadu has highest ranks first on investment proposals filed by MSMEs.

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