- World Economic Outlook (WEO), forecasts global growth to slow from 3.5 per cent in 2022 to 2.9 per cent in 2024.
- As per Advance Estimates (AE), the Indian economy is expected to grow at 7.3 per cent for the year ending March, 2024.
- Real GDP of India at constant (2011-12) prices for the Financial Year (FY) 2023-24 is estimated at ₹171.79 lakh crore as against a provisional estimate of GDP of ₹160.06 lakh crore in FY 2022-23.
- The highest contributing sectors to the growth rate of FY 2023-24 are construction, financial services, real estate, electricity, gas, water supply etc. and Mining & quarrying.
- Per Capita Net National Income of India at current prices is estimated at ₹1,85,854 for the FY 2023-24.
- The Gross State Domestic Product (GSDP) of Himachal Pradesh at current prices, is estimated at ₹1,91,728 crore in FY 2022-23 (FR) as against ₹1,72,162 crore in Second Revised (SR) estimate in FY 202122, showing an increase of 11.4 per cent during the year.
- GSDP at constant (2011-12) prices for Himachal Pradesh in FY 202223 (FR) is estimated at ₹1,33,372 crore against ₹1,24,770 crore in FY 2021-22 (SR) registering a growth of 6.9 per cent during the year as against growth rate of 7.6 per cent for the previous year.
- The growth of 6.9 per cent in FY 2022-23 (FR) is mainly attributed to a 5.7 per cent growth in the primary sector, 5.1 per cent growth in the secondary sector, and 10.4 per cent growth in the tertiary sector of the economy.
HP Economic Survey Important Sector