Karnataka's economy records a 10.2% GSDP growth in FY 2023-24, surpassing India's national average.

Karnataka's economy achieved a GSDP growth of 10.2% in FY 2023-24, surpassing India's national average of 8.2%. This growth occurred despite facing significant challenges, including a severe drought and a global IT market slowdown. The state government's innovative policies and business-friendly environment have been pivotal in this success. Projections for FY 2024-25 estimate a continued growth of 14%, emphasizing Karnataka's resilience and commitment to inclusive development.

October 21, 2024
10 Articles

Further Reading