Brief by Shorts91 Newsdesk / 06:53pm on 18 Sep 2024,Wednesday India
A recent report from the Economic Advisory Council to the Prime Minister shows that southern states now contribute 30% of India’s GDP. States like Karnataka, Tamil Nadu, and Telangana have seen rapid growth since economic liberalisation. In contrast, West Bengal, once a major contributor, now accounts for only 5.6% of the GDP, down from 10.5% in 1960-61. Experts are puzzled by West Bengal's decline despite its strategic location. The report also highlights that other regions like Maharashtra and Uttar Pradesh are facing economic challenges.
