Telangana Economy @10

Government of Telangana
Economic Development
of Telangana @ Ten
Directorate of Economics & Statistics

Govt. of Telangana
Index
S.No. Description Page No.
Introduction 1-10
Key Highlights 11
1 Gross State Domestic product 12-17
1.1 Comparison of GSDP of Telangana and GDP of India 12
1.2 The Share of Telangana’s GSDP in India’s GDP at Current Prices 14
1.3 A comparison of the Growth Rate of GSDP of Telangana and GDP of India 15
1.4 Annual Growth Rate (%) of GSDP Telangana vs. Southern States 17
2 Per Capita Income Analysis 18-25
2.1 Per Capita Income of Telangana and India 18
2.2 Per Capita Income Growth Rate-Telangana vs. India 21
2.3 Inter Sate comparison of Per Capita Income 23
2.4 Annual Growth Rate of Per Capita Income: Telangana vs. other States 25
Comparison
3 Gross State Value Added (GSVA) 26
4 Sectoral Analysis 27-33
4.1 Sector Growth Rate 28
4.2 Contribution of Agriculture & Allied Sector to GSVA of Telangana in 29

2022-23 at Current Prices.
4.3 Contribution of Industrial Sector to GSVA of Telangana in 2022-23 at 31

Current Prices
4.4 Contribution of Tertiary Sector to GSVA of Telangana in 2022-23 at 32

Current Prices.
5 Gross District Domestic Product and Per Capita Income 34-36

Introduction
After a 6-decade long relentless struggle, Telangana was constituted as a separate state on the 2nd
of June, 2014. Despite being the youngest state in the country, what it has managed to achieve in the
brief period, since its formation is nothing short of extraordinary. This was made possible through
the incisive and decisive leadership of the Hon’ble CM Sri K. Chandrasekhar Rao, who vowed to turn
the ailing region into a glorious story of success.
Situation at the Formation of the State :
At the time of formation, what the state received as legacy was a host of challenges cutting across
different sectors:
1. 9 out of the 10 districts in the state were then covered under the Backward Regions Grant
Fund (BRGF).
2. The twelfth Five-Year Plan document by the Planning Commission categorised two districts in
the state -- Khammam and Mahbubnagar --as ‘Most Hungry’.
3. The agriculture and allied sectors which support nearly 46% of the state’s population were
mired in distress driving farmers to suicides. The number of farmers committing suicide was
the second highest among all the states as per the data published by the National Crime
Records Bureau, Union Ministry of Home Affairs.
4. Prior to formation of Telangana State, there was a severe Power crisis. The Peak Demand was
short by 2,700 MW, resulting in Power cuts of 4 to 8 hours daily. Due to the Power shortage
a Two day Power holiday to industries was being implemented forcing the industrial units to
operate only for a few days in a week and that too in shifts.
5. The revenue growth potential of the state was very limited since a majority of the districts
were economically backward.
6. Telangana’s performance in terms of the Gross State Domestic Product (GSDP), In the two
years preceding state formation, Telangana region’s average rate of growth of GSDP, at 12.1%,
was 1.3 percentage points less than India’s average rate of growth of GDP.
Growth after formation of the State
As the new Government took charge, it focussed all its energy on remedying the situation by
reinventing and reorienting Telangana instead of dwelling on the challenges it had inherited.
Sri K. Chandrasekhar Rao, the Hon’ble Chief Minister of Telangana, weaved an inspirational story
of triumph by transforming the state through optimal utilization of all the available resources. His
goal-oriented vision, unrelenting efforts, and constant persistence have translated into success, as
is evident from data released by the Ministry of Statistics and Programme Implementation (MoSPI).
The details of achievements are as follows:
Economic Development of Telangana @Ten 1

Gross State Domestic Product (GSDP)
The State Domestic Product (SDP) is the most important economic indicator which measures
the value of all final goods and services produced within state boundaries in a year, reflects the
remarkable progress. The SDP and other related macroeconomic aggregates are useful to meet the
financial requirement of the Government, apart from Planning and policy formulations.
The Finance department prepares a Macro Economic Framework Statement and Fiscal Policy Strategy
Statement, every year, based on the SDP estimates for placing before the Legislatures at the time
of Budget Sessions as part of Fiscal Responsibility and Budget Management (FRBM) Act, 2005. This
Act stipulates the responsibility of the State Government to ensure prudence in Fiscal Management
and Fiscal Stability by progressive elimination of revenue deficit, reduction in Fiscal deficit, prudent
debt management consistent with Fiscal sustainability, greater transparency in Fiscal operations of
the Government. The Ministry of Finance, GOI will communicate the annual borrowing ceilings to
the States based on their GSDP estimates.
After the state’s formation, however, growth in Telangana has consistently outpaced growth in the
country, and the gap has widened with each successive year. In the year of state formation itself,
Telangana achieved a 1 percentage point higher growth rate of GSDP than India’s GDP. On an average,
in the period post 2014-15, Telangana has grown at 12.5% -- 2 percentage points higher than India’s
average growth rate of 10.5%.
While India’s GDP increased by only 118.2% from 2014-15 to 2022-23, Telangana achieved a 155.7%
increase in the GSDP value during the same period, making it the 2nd ranking state in terms of the
overall GSDP increase during this period. What is noteworthy is that Telangana’s average growth in
this period was amongst the best in the country.
In achieving this, the state surpassed all its neighbouring states -- Andhra Pradesh, Karnataka,
Kerala, and Tamil Nadu – with which it shares similarity in socio-economic circumstances along with
geographical proximity.
By consistently outperforming the country, the state’s share in national GDP increased from 4.1% in
2014-15 to 4.8% in 2022-23, despite its share in the national population remaining constant at 2.9%
throughout this period.
Not only have the Government’s measures transformed the state from being economically deprived
to becoming financial abundant, but also, it has ensured that the benefits of this stupendous growth
reach every household in the state.
Per Capita Income (PCI)

In terms of the Per Capita Income (PCI), which is a broad measure of the standard of living of the
population, Telangana’s performance has been exceptional. In the year prior to state formation, the
average citizen of the state earned an income of Rs. 1,12,162, while the average Indian citizen earned
2 Economic Development of Telangana @Ten

an income of Rs. 79,118, thus implying that an average Telangana citizen was earning Rs. 33,044
more than an average Indian citizen. In 2022-23, the average Telangana citizen earned an income of
Rs. 3,08,732 -- Rs. 1,36,732 more than the income of an average Indian citizen (Rs. 1,72,000).
Importantly however, not only is the state’s Per Capita Income higher than the national average,
but also, it has been growing at a higher rate than the national average. In the 2 years prior to state
formation, Telangana region had an average growth rate of PCI of 10.9%, which was 0.8% lower than
the national PCI growth rate (11.7%). Since state formation, however, Telangana’s PCI has grown at
an average rate of 12.1% in comparison to India’s average PCI growth rate of 9.2%.
In the period 2014-15 to 2022-23, the average incomes of the citizens of Telangana grew at a
significantly higher average rate than that of citizens in other states. Telangana was the top-ranking
state in terms of the average growth rate of PCI in this period. The exceptional growth of Per Capita
Income achieved by the state has translated into a high absolute value of the PCI in Telangana. The
state ranked 1st among the 16 states with data availability in terms of the Per Capita Income in
2022-23 (AE), implying that the state’s citizens earned the highest income amongst citizens from
other 16 states.
Telangana surpassed 8 states in a span of 9 years, moving from 10th position in the year of state
formation to become the top ranking Non-Special Catagory (NSC) state in terms of Per Capita Income
in 2022-23.
What’s truly remarkable is that wealth is not concentrated in the hands of a few in Telangana state.
As per the NFHS 2019-21 report, the state ranks 1st among all sates (along with Tamil Nadu and
Kerala) in terms of equitable income distribution, with a Gini coefficient of 0.10.
Sectoral highlights
The extraordinary overall growth achieved by Telangana has been attained on account of its
remarkable performance in the 3 key sectors that contribute to any economy – Agriculture & Allied
Sectors, Industries (including mining and quarrying) and Services sector.
1. Agriculture & Allied Sectors

The ‘Agriculture & Allied Sectors’, which are the backbone of rural Telangana, and employ more
than 46% of the population of the state, achieved a notable improvement in their growth rate since
state formation. While Telangana started out with a negative 0.7% growth rate in the ‘Agriculture
& Allied Sectors’ in 2014-15, it managed to revolutionize these sectors, attaining exemplary growth
rates of 37.0% and 13.3% even during the pandemic years of 2019-20 and 2020-21. The robust
growth achieved by the Agriculture and Allied sectors during the pandemic and after continued in
2022-23 as well. The sector grew by 15.7% in 2022-23. Telangana’s Agriculture and Allied sector has,
in fact, been on an upward growth path for the past nine years, with its growth rate increasing by
16.4 percentage points from 2014-15 to 2022-23. During the period 2014-15 to 2022-23, the sector
grew at an average rate of 12.8% in Telangana, whereas the average growth rate of the sector in the
country as a whole during this period was only 10.0%.

Since the formation of the State, the Government has prioritised the growth of the Agriculture sector
through various initiatives such as the Rythu Bandhu scheme (investment support), the construction
of new major and medium irrigation projects, 24x7 free power to Agriculture, Mission Kakatiya,
promotion of livestock and fisheries, sheep distribution scheme, etc., These initiatives have led to an
increase in the share of Agriculture and Allied sectors in the total current-price GSVA of the state—
from 16.3% in 2014-15 to 18.8% in 2022-23.
Assured irrigation is the main input for the crops as it protects the farmers in poor monsoons and
leads to an increase in the production and productivity of the crops. During the period 2014-15 to
2022-23, the Government has incurred an amount of Rs 1.61 lakh crore on irrigation projects in the
State. Due to this considerable investment by the Government, the Gross Irrigated Area (GIA) has
significantly increased by 117% (from 62.48 lakh acres in 2014-15 to 135 lakh acres in 2021-22).
This impressive growth in irrigated area has resulted in an increase in paddy production by 342%
between 2015-16 and 2021-22 (from 45.71 lakh MTs to 202 lakh MTs) and the State has emerged
as the second largest supplier of Paddy to the Food Corporation of India (FCI). The Telangana Civil
Supplies Corporation Limited has purchased huge quantities of paddy in the last 7 years ensuring
the Minimum Support Price, benefitting lakhs of farmers. Similarly, Cotton production has been
increased by 33% from 18.85 lakh MTs in 2015-16 to 25.08 lakh MTs in 2021-22.
The Government is also actively supporting a transition to demand-driven and commercial agriculture
which will provide a sustainable increase in incomes to farmers In this regard, the State has emerged
as one of the high-potential states for Oil Palm cultivation and stands sixth in the country in terms
of the area under oil-palm cultivation (68,440 acres), second in the production of Fresh fruit Bunch,
and 1st in the Oil Extraction Rate (OER) in India (19.32% share).
To support Oil Palm cultivation in the State, the Government is providing assistance for taking up oil
palm cultivation with 50% assistance on mechanisation tools. It is also planning to take up 20 lakh
acres under Oil Palm in a mission mode as part of crop diversification. A total of 11 companies are
now operating in the state and they have established 30 nurseries with a capacity to raise 2.67 crore
Oil Palm seedlings.
Another notable outcome which would help farmers boost their incomes is the famous Tandur red
gram bagging a Geographical Indication (GI) tag. It is the 16th product from Telangana to get a GI tag
and this process was facilitated by Prof. Jayashankar Telangana State Agriculture University (PJTSAU).
Highlights
• The farm sector plays a key role in strengthening the national economy, improving inclusive
growth, ensuring sustainable development, and dealing with climate change. Poverty reduction
can take place with investment in agriculture, with a focus on improved agricultural
practice. These practices include improving the efficacy of farmland by halting and reversing
deteriorating soil health; encouraging crop diversification; promoting the usage of certified
seeds; practicing sustainable water management with rainwater harvesting and preservation
of rainwater; developing local agricultural marketing and using technology.

• Agriculture, Forestry, Livestock and Fisheries sectors’ Gross Value Added (Current Prices)
to the state economy has seen a CAGR of 14.1% from Rs. 76,123 crores in 2014-15 to
Rs. 2,17,983 crores in 2022-23 (AE) and during the same period the sector CAGR at all India level
is 10.1%.
• A significant portion of this growth was driven by the crops sub-sector, currently crops accounts
for 49.7% of the overall sector GSVA at Current Prices, followed by livestock at 43.6%, fishing and
aquaculture at 3.4%, forestry and logging sector stood at 3.3% in 2022-23 (AE).
• As per 20th livestock census-2019, Telangana ranks first place in the sheep population. The sheep
population has seen an increase of 48.51% between 2012 to 2019 (12.8 million in 2012 to 19.1
million in 2019). Telangana stands at 3rd in egg production, 5th in meat production and 13th posi-
tion in milk production during 2021-22.
Under the Rythu Bandhu Scheme:

As part of agriculture investment support, cumulatively, the Government disbursed Rs. 65,192 crores
(from Vanakalam 2018-Vanakalam 2022) to 65 lakh beneficiaries (in Vanakalam 2022). Of these, 53%
belong to the BC category, around 13% each belong to SC and ST categories, and ‘Others’ constitute
around 21% of the beneficiaries.
Under the Rythu Bima Scheme:

From 2018-19 onwards, the Government has settled claims to an extent of Rs. 4,771 Crores and
transferred the amount to the 95,416 bereaved families.
Irrigation Area:
The efforts of the Government to improve irrigation facilities by commissioning new projects and
improving old irrigation infrastructure have been successful and begun to pay off. The gross irrigated
area of all crops increased by 117% between 2014-15 (from 62.48 lakh acres) and 2021-22 (to 135
lakh acres).
2. Industrial Sector
Industrialization has played a crucial role in bringing about economic development and in raising
the productivity of the economy across nations worldwide. Industrialization opens numerous ave-
nues for employing surplus labour, thereby lifting economic stagnation. Industrialization also leads
to technological advancement and results in the overall progress of society and therefore it must be
focused upon to achieve developmental goals.
Business-friendly policies and the proactive measures taken by the government to facilitate business
have created a conducive environment that has spurred industrial growth in the state. In the year
2022-23, the industrial sector’s contribution to the Gross State Value Added (GSVA) at current prices
is estimated at 19.0%.

The Industrial sector in Telangana, after experiencing a robust recovery from the pandemic in 2021-
22, grew at 9.5% in 2022-23. The growth rate of the Industrial sector in Telangana, as in the case of
India, was lower in 2022-23 than in 2021-22. This decrease can be attributed to a host of factors such
as the unstable world economic scenario and disturbance in global supply chains due to the Russia-
Ukraine war, China’s zero COVID policy, & high inflation and interest rates. However, Telangana
experienced a much smaller decline in the growth rate of the sector in 2022-23 (6.7 percentage
points) as compared to the decline experienced at the national level (9.4 percentage points).
Highlights
• According to the Periodic Labour Force Survey 2020-21, ‘Manufacturing’ sub- sector employing
10.95% and ‘Construction’ sub-sector employing 8.82% of the total working population are the
two major sub-sectors that have led to maximum employment creation in the state.
• In 2022-23 (upto January 2023), TS-iPASS has approved 2518 units bringing in new investments
worth Rs. 20,237 crore.
• During 2021-22, merchandise goods worth Rs. 81,971 crore were exported by the state.
Pharmaceutical goods and Organic Chemicals constituted 57.31% of the total goods exported.
The USA was the largest importer of goods from Telangana, importing over 28.13% of all exports
by value.
• Telangana was included in the Top Achievers category in the latest edition (2020) of Ease of
Doing Business rankings which were recently announced in 2022 and since 2016 it has been
consistently ranked among the top 3 states in India.
• In the Export Preparedness Index 2021, Telangana has scored 100 in the Business environment
indicator.
• T-Hub has competed against 55 incubators at the national level and has bagged the “Best Incubator
in India ‘’ award at the National Startup Awards 2022 of the DPIIT, Ministry of Commerce and
Industry, for its efforts to support the growth of the startup ecosystem in Telangana.
• The state has made continuous efforts for the growth of the industrial sector through its innovative
policies, which have resulted in increased investments and employment opportunities. TS-iPASS,
the government’s flagship initiative, attracted Rs 20,237 crore of investment in 2022-23 (up to
Jan 2023) through 2,518 new industries and created employment for 72,908 people.
• Innovation and technology are the prime drivers of industrial growth in Telangana. Currently, the
state has 78 incubators, accelerators and co-working spaces with a specific focus on Lifesciences,
FinTech, Agri Tech, Digital, etc. The innovation policy of the state and the incentives provided to
the startups has made the state a fertile ground for many emerging startups and some of them
have gone on to gain national prominence.

• A startup named “Darwin Box” is the first startup from Telangana that joined the unicorn club and
another startup, “Skyroot Aerospace’’, incubated at T-Hub has gained the distinguished status of
developing India’s first private rocket called “Prarambh”. T-Hub has bagged the “Best Incubator
in India’’ award at the National Startup Awards 2022 of the DPIIT, Ministry of Commerce and
Industry, for its efforts to support the growth of the startup ecosystem in Telangana.
• The second phase of T-Hub (T-Hub 2.0) was started on 28th June, 2022. It is one of the world’s
largest innovation campuses with a capacity to house 4,000 start-ups and other key elements
of the innovation ecosystem. T-Hub Phase 2 has further improved the startup ecosystem of the
state.
• The Government of Telangana through its Industrial Policy Framework has envisaged achieving
inclusive growth whereby all the sections of the state are equally benefited. Since its formation
in the year 2014, the state has made continuous efforts for the growth of the industrial sector,
which has resulted in increased investments and employment opportunities.
3. Services Sector
The growth of the Services Sector in India is a unique example of leap-frogging traditional models of
economic growth. It is the largest sector of the global economy in terms of value-added, accounting
for 53.40% of the global GDP in 2021-22.
The Services sector accounts for 62.2% of the state’s value added, and is therefore, one of the most
important sectors in Telangana’s economy. The Services sector in Telangana experienced a 17.8%
growth in GVA in 2022-23. While the Services sector was the worst hit during the pandemic in 2020-
21, the nominal GSVA of the sector in 2022-23 was 35.8% higher than its pre-pandemic GVA (2019-
20). This reflects a strong resurgence in the demand for services produced in Telangana. Additionally,
while in India the sector grew at an average rate of 11.0% in the period 2014-15 to 2022-23, in
Telangana, it grew at an impressive average rate of 13.1% during this period.
The ‘Real Estate, Ownership of Dwelling and Professional Services’ is the most dominant sub-sector
of the services sector in the state, which contributed to more than one-third of the GSVA at current
prices. According to JLL-City-Momentum Index-2020, which identifies the world’s most dynamic
cities from a real estate perspective, Hyderabad is the world’s most dynamic city by occupying the
first position in the city momentum index. As per the report, the city is one of the world’s best-
performing cities for prime offices and its rental growth is phenomenal.
Telangana ranked 2nd in the overall ranking category of the NITI Aayog India Innovation Index 2022
which was measured on key parameters like Human capital, Investment, knowledge workers,
Business environment, Safety, Legal environment, Knowledge output, and Knowledge diffusion in
the state. In addition, as per the PLFS 2020-21 report the sector provided employment to more than
one-third of the total workforce. The services sector has been a vital source of output, growth, and
jobs in the state.

Highlights
• The services sector’s contribution to employment is higher in Telangana’s urban areas than in
rural areas. According to the Periodic Labour Force Survey 2020-21, 63.22% of the urban
workers in the state were working in the service sector, whereas it was 18.28% in the rural areas.
• A thriving technology sector is driving this momentum, with the city’s reputation receiving a
further boost with the opening of a large campus by Amazon, in addition to the presence of
tech giants such as Apple, Microsoft, Google, and Facebook. This enabling environment has
led to a remarkable growth in IT exports from the state. Between 2014-15 and 2021-22, IT
exports from Telangana experienced a Compounded Annual Growth Rate of 15.67%. The total
employment in the IT sector increased from nearly 3.7 lakhs to 7.7 lakhs during this period. To
further accelerate such growth, the Government has introduced its second ICT Policy (2021-
26). According to PLFS 2020-21, more than one-third (33.21%) of total workers in Telangana are
employed in the services sector. At the all- India level, this is 29.64%. Within the services sector
in the state, more than one-third of total workers (39.75%) are employed in the ‘Trade, Hotels
and Restaurants’ sub-sector, whereas 21.04% of the workers are employed in the ‘Transport,
Storage and Communication’ sub-sector, together accounting for 60.79% of the employment
in the services sector.
• Tourism Department, Government of Telangana won National Tourism Awards in four

categories. The categories are Best State (Telangana State Tourism Development Corporation),
Best Tourism Friendly Golf Course (Hyderabad Golf Association), Best Tourist Friendly Railway
Station (Secunderabad Railway Station), and Best Medical Tourism Facility (Apollo Hospitals).
The awards were presented by the Government of India at World Tourism Day celebrations
held in New Delhi in September 2022.
• In January 2023, the National startup awards 2022 was announced by Startup India & DPIIT,
Government of India in which the Government of Telangana Startup incubator - T-Hub, won the
Best Incubator in India prize in the incubator space where incubators across 17 sectors have
participated.
State Own Tax Revenue (SOTR)

The notable growth of the economy resulted in a tremendous increase in the resource pool of the
state (State Own Tax Revenue). The revenue of the state expanded from Rs.29,288 crore in 2014-15
to Rs.1,06,949 crore in 2022-23 -- an increase of more than 265%. On average, the SOTR in the state
grew at 18.3% in the period 2014-15 to 2022-23 -- significantly higher than the NSC state average of
10.9%. What is truly remarkable is that this revenue growth was achieved without levying any addi-
tional financial burden on the population. Through astute governance and strategic measures, the
Government substantially improved tax compliance and tax efficiency resulting in a surge in revenue
collection.

Financial Management
The increased revenue pool was utilized by the Government to expand its spending on productivity-
enhancing and welfare-augmenting programmes, in order to further increase the growth rate of
the economy, thus setting in motion a cycle of prosperity. While the budget expenditure of the
Government in the year of state formation was Rs.62,306 crore, it had increased to Rs.2,04,085
crore in 2022-23.
The allocation of this expenditure has been done in a manner that has led to the maximum multiplier
effect, while reaching every last citizen. The Government has maintained a balanced approach to
development by adopting a two-pronged approach:
• Investing heavily in infrastructure development, which was earlier badly neglected, in order to
improve the productivity and output, thereby acting as a growth multiplier. The most notable
amongst these investments include the Kaleshwaram lift irrigation project, Mission Kakatiya,
Mission Bhagirath, investments to improve the installed capacity of power, and expenditure on
improving transport facilities, Health Infrastructure.
• Introducing a wide range of welfare schemes such as Rythu Bandhu, Rythu Bima, Dalit Bandhu,
Kalyana Laxmi, Shadi Mubarak, Asara Pensions, Mana Ooru - Mana Badi, etc., that have increased
the purchasing power of the households, thereby improving the living standards of all the
sections of the society.
While the state’s spending has increased tremendously, it has never been achieved at the expense
of fiscal discipline. The state has always practised strict financial prudence, which is reflected in its
remarkably low debt-to-GSDP ratio of 28.2% -- one of the lowest in the country. This is perhaps one
of the most resounding triumphs of the Government, that despite the indifferent attitude of the
Union Government, Telangana has been able to sustain its finances by prudently investing in sectors
which have fuelled further growth.
To sustain the extraordinary momentum of economic growth, the Telangana Government introduced
a series of structural reforms for accelerating industry and services sector led growth. These include
revolutionary initiatives such as the introduction of TS-iPASS and TS-bPASS, the strengthening of
policing infrastructure, and decentralisation for good governance. The reform initiatives taken by
the state have emerged as best practices for the country, and have taken the state to the top in the
national rankings. It has ranked amongst the top 3 states on the Ease of Doing Business rankings
since 2016, achieved the maximum possible score on the ‘Business Environment’ indicator under
the Export Preparedness Index 2021, ranked 2nd on the India Innovation Index 2021 among the
major states, and was adjudged the top performer in developing a strong start up ecosystem by GoI.
The balanced approach to development adopted by the visionary CM–targeting the demand side
as well as the supply side – led to a virtuous cycle of growth, the results of which are evident for
everyone to see. By any standards -- national or global -- Telangana is a ground-breaking success.

The way forward
The youngest state in the country has achieved major milestones in development within no time,
by following its own kind – “The Telangana Model”. The seeds of the Government’s social overhead
capital investment in power and irrigation projects during the initial years of state formation now
bear fruits in terms of high agricultural productivity and vibrant economic activity. Economic vibrancy
is further augmented through the implementation of industry-friendly policies. By adopting an
integrated development approach rather than banking on piecemeal reforms, the state has been
able to achieve growth that is distributed equitably, and has helped improve the standard of living
of the citizens.
The state has now set its sights on tripling the size of the economy over the coming 9 years -- a
mammoth goal, but one that it is well-positioned to achieve.

Key Highlights
Gross State Domestic Product
• According to Advance Estimates, Telangana’s GSDP at current prices in 2022-23 was Rs. 12.93
lakh crore, an increase of 155.7% from its 2014-15 value, Where as at Constant prices it was
Rs. 7.11 lakh crore, with an increase of 70.7% from its 2014-15 value.
• In 2022-23, Telangana was the 8th and 7th highest contributor to the country’s GDP at current
prices and constant prices respectively .
• Since the state’s formation, growth in Telangana has consistently outpaced growth in the country
as a whole. On an average, Telangana grew by 2.1 percentage points more than India did for the
period post state formation.
• Telangana’s performance in terms of the Gross State Domestic Product (GSDP) reflects the
remarkable progress it has achieved since its formation. In the two years preceding state
formation, Telangana region’s average rate of growth of GSDP (current prices), at 12.1%, was
1.3% less than India’s average .
• From 2014-15 to 2022-23, Telangana achieved the 2nd and 4th highest Average Annual Growth
Rate (AAGR) of GSDP at current and constant prices respectively in the country. At 16.3%, the
state ranked 3rd in terms of the growth rate of GSDP (current prices) in 2022-23.
• Telangana’s AAGR of GSDP was the 1st highest among Southern states, with 12.5% at current
prices and 3rd highest with 7.0% at constant prices since its formation.
Per Capita Income

• In 2022-23, the Per Capita Income for Telangana (Rs. 3,08,732) at current prices and (Rs 1,64,657)
at constant prices, one of the strongest economic indicators of the well-being of a population,
was 1.8 times and 1.7 times that of the respective National PCI (Rs. 1,72,000) at current prices
and (Rs. 98,118) at constant prices.
• Telangana ranked 1st among 16 states with data availability in the country in terms of the
Per Capita Income in 2022-23 at current prices and ranked 4th at constant prices.
• Telangana surpassed 8 states in a span of 9 years, moving from 10th position in 2014-15 to be-
coming the 1st ranking state in terms of Per Capita Income in the year 2022-23 at current prices.
Telangana surpassed 5 states in a span of 9 years, moving from 11th position in 2014-15 to be-
coming the 4th ranking state in terms of Per Capita Income in the year 2022-23 at constant prices.
• Telangana achieved the highest average growth in Per Capita Income amongst all Southern
states, at 12.1% at current prices and 6.3% at constant prices from 2014-15 to 2022-23.

1. Gross State Domestic product
1.1 Comparison of the GSDP of Telangana and GDP of India
a) At Current Prices
Growth before formation of the State
• Telangana’s performance in terms of the Gross State Domestic Product (GSDP) reflects the
remarkable progress it has achieved since its formation. In the two years preceding state
formation, Telangana region’s average rate of growth of GSDP (current prices), at 12.1%, was
1.3% less than India’s average .
Table 1: GSDP /GDP of Telangana and India Growth Rate (%)
Average Annual
Sl. No. Description 2012-13 2013-14
Growth Rate
1 GSDP (%) - Telangana 11.7 12.4 12.1
2 GDP (%) - India 13.8 13.0 13.4
Difference between Telangana & India (-) 1.3
Growth after formation of the State
• After state formation, Telangana’s GSDP growth rate has been higher than the growth rate of the
country for every single year, and the gap has widened with each successive year. In the year of
state formation itself, Telangana achieved a 1% higher growth rate of GSDP (current prices) than
India’s.
• Telangana’s GSDP at current prices increased by 155.7% between 2014-15 and 2022-23, as
against India’s increase of 118.2% in the same period.
• Telangana achieved the 2nd highest percentage increase in GSDP value at current prices from
2014-15 to 2022-23 out of the 16 states with data availability.

Figure 1 : Telangana State GSDP at Current Prices (Rs. in Crore)
Figure 1 : Telangana State GSDP at Current Prices (Rs. Crores)
2022-23 (AE) 12,93,469

2021-22 (FRE) 11,12,456
2020-21 (SRE) 9,41,435
2019-20 (TRE) 9,50,090
2018-19 8,57,427
2017-18 7,50,050
2016-17 6,58,325 Growth
155.7%
2015-16 5,77,902
2014-15 5,05,849
Table 2: GSDP /GDP of Telangana and India (At Current Prices) (Rs. Crores)
Table 2: GSDP /GDP o f Telangana and India (At Current Prices) (Rs. Lakh Crores)
Year Year Telangana

Telangana All India
India
2014-15 2014-15 5,05,8495,05,849 1,24,67,959
1,24,67,959
2015-16 2015-16 5,77,9025,77,902 1,37,71,874
1,37,71,874
2016-17 2016-17 6,58,3256,58,325 1,53,91,669
1,53,91,669
2017-18 2017-18 7,50,0507,50,050 1,70,90,042
1,70,90,042
2018-19 2018-19 8,57,4278,57,427 1,88,99,668
1,88,99,668
2019-202019-20
(TRE) (TRE) 9,50,0909,50,090 2,01,03,593
2,01,03,593
2020-212020-21
(SRE) (SRE) 9,41,4359,41,435 1,98,29,927
1,98,29,927
2021-22 (FRE) 11,12,456 2,34,71,012
2021-22 (FRE) 11,12,456 2,34,71,012
2022-23(AE) 12,93,469 2,72,03,767
2022-23(AE) 12,93,469 2,72,03,767
Growth from 2014-15 to 155.7 118.2
Growth 2022-23(%)
from 2014-15 to 2022-23(%) 155.7 118.2
b) At Constant (2011-12) Prices

The Gross State Domestic Product of Telangana (GSDP) was Rs. 4,16,332 crores in 2014-15. By 2022-
23The Gross
(AE), State grew
the GSDP Domestic Product
by 70.7% to Rs. Telangana
of7,10,610 (GSDP)
crores was Rs.prices.
at constant 4,16,332 crores inIndia’s
In 2014-15, 2014-15.
GDP By
was Rs.1,05,27,674
2022-23(AE), the crores. It grewbyby70.7%
GSDP grew 51.7%toto Rs.
Rs. 1,59,71,090 crores
7,10,610 crores atinconstant
2022-23prices.
(AE). In 2014- 15,
India’s GDP was Rs.1,05,27,674 crores. It grew by 51.7% to Rs. 1,59,71,090 crores in 2022-23
(AE).
3
Figure 2: Telangana State GSDP at Constant (2011-12) Prices
Figure 2: Telangana State GSDP at Constant (2011-12) Prices (Rs. Crores)
2022-23 (AE) 7,10,610

2021-22 (FRE) 6,60,660
2020-21 (SRE) 5,97,206
2019-20 (TRE) 6,40,968
2018-19 6,08,401
2017-18 5,57,410
2016-17 5,07,946 Growth
70.7%
2015-16 4,64,542
2014-15 4,16,332
Table 3: GSDP3:/GDP
Table GSDPof Telangana
/GDP and India
of Telangana and(AtIndia
Constant Prices) (Rs.
(At Constant Crores)
Prices) (Rs. Lakh Crores)
Year
Year Telangana
Telangana All India
All India
2014-15 2014-15 4,16,332
4,16,332 1,05,27,674
1,05,27,674
2015-16 2015-16 4,64,542
4,64,542 1,13,69,493
1,13,69,493
2016-17 2016-17 5,07,946
5,07,946 1,23,08,193
1,23,08,193
2017-18 2017-18 5,57,410
5,57,410 1,31,44,582
1,31,44,582
2018-19 2018-19 6,08,401 1,39,92,914
6,08,401 1,39,92,914
2019-20 (TRE)2019-20 (TRE) 6,40,968
6,40,968
1,45,34,641
1,45,34,641
2020-21 (SRE) 5,97,206 1,36,87,118
2020-21 (SRE) 5,97,206 1,36,87,118
2021-22 (FRE) 6,60,660 1,49,25,840
2021-22 (FRE) 6,60,660 1,49,25,840
2022-23(AE) 7,10,610 1,59,71,090
2022-23(AE) 7,10,610 1,59,71,090
Growth from 2014-15 to 2022-23(%) 70.7 51.7
Growth from 2014-15 to 2022-23(%) 70.7 51.7
1.2 The Share of Telangana’s GSDP in India’s GDP (at Current Prices)
• In 2014-15, Telangana’s GSDP contributed approximately 4% to the GDP of the nation.
1.2 The Share of Telangana’s GSDP in India’s GDP (at current prices)
• Share of Telangana’s GSDP in India’s GDP increased consistently year-on-year.
● In 2014-15, Telangana’s GSDP contributed approximately 4% to the GDP of the nation.
• In 2022-23, Telangana’s GSDP contributed approximately 5% to India’s GDP, an increase of one
● Share of Telangana’s GSDP in India’s GDP increased consistently year-on-year.
percentage point since state formation.
● In 2022-23, Telangana’s GSDP contributed approximately 5% to India’s GDP, an increase
• Asofof12022-23, Telangana
percentage was the
point since 8thformation.
state highest contributor to GDP at current prices out of the 16
states with data availability.
● As of 2022-23, Telangana was the 8th highest contributor to GDP at current prices out of
the 16 states with data availability.
4
Figure 3: Telangana share (%) in India’s GDP (at Current Prices)
Figure 3: Telangana share (%) in India’s GDP (at Current Prices)
4.7 4.7 4.7 4.8
4.5
4.4
4.3
4.2
4.1
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23

(TRE) (SRE) (FRE) (AE)
1.3 Comparison of the Growth Rate of GSDP of Telangana and GDP of

India
1.3 Comparison of the Growth Rate of GSDP of Telangana and GDP of India
a) At Current
a) At CurrentPrices
Prices
● Starting out with a 1 percentage point higher growth rate value than India in 2014-15,
• Starting
in out
the with
yearaafter
one percentage point itself,(2015-16)
state formation higher growth rate value thangrowth
Telangana’s India inrate
2014-15, in the
of GSDP was
year after
3.7 state formation
percentage itself,
points (2015-16)
higher Telangana’s
than India’s growth
growth rate.rate of GSDP was 3.7 percentage
points higher thanachieved
● Telangana India’s growth rate. Average Annual Growth Rate (AAGR) of GSDP from
an 12.5%
2014-15 to 2022-23, compared to India’s Average Annual Growth Rate of 10.5% during
• Telangana achieved
the same timean 12.5% Average Annual Growth Rate (AAGR) of GSDP from 2014-15 to
span.
2022-23, compared to India’s Average Annual Growth Rate of 10.5% during the same time span.
● On an average, Telangana grew by 2.0 percentage points more than India did for each
of these years.
• On an average, Telangana grew by 2.0 percentage points more than India did for each of these
● Telangana ranked 2nd in terms of percentage increase in growth rate of GSDP between
years.
2014-15 and 2022-23, out of 16 states with data availability in 2022-23.
• Telangana
● Duringranked 2nd in terms
COVID-19, while of percentage
India increase
experienced in growth
a negative rateofofgrowth
rate GSDP between 2014-15in
of GDP (-1.4%)
and 2022-23, outTelangana’s
2020-21, of 16 statesgrowth
with data availability
rate also being in 2022-23.
negative, but was still in better position
(-0.9%).
• During COVID-19, while India experienced a negative rate of growth of GDP (-1.4%) in 2020-21,
● In the years 2014-15 and 2015-16, despite experiencing drought conditions, Telangana
Telangana’s growth
achieved highrate also
rates ofbeing
growthnegative,
of GSDP,but was still in better
significantly better position
than that(-0.9%).
of the country as a
whole.
• In the years 2014-15 and 2015-16, despite experiencing drought conditions, Telangana achieved
high rates of growth of GSDP, significantly better than that of the country as a whole.

Figure 4: Growth
Figure RateRate
4: Growth (%) of
(%)GSDP /GDP/GDP
of GSDP of Telangana and India
of Telangana (At Current
and India Prices)Prices)
(At Current
18.4
16.3
14.2 14.3 18.2
13.9 13.9
15.9
12.0
10.8
11.8
11.0 10.5 11.0 10.6
6.4
-1.4 -0.9
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
Telangana All india
Table 4: Growth Rate (%)of GSDP /GDP -Telangana and India (At Current Prices)
Table 4: Growth Rate (%)of GSDP /GDP - Telangana and India

2019-20 2020-21 (At Current
2021-22 Prices)
2022-23 AAGR
Year 2014-15 2015-16 2016-17 2017-18 2018-19
(TRE) (SRE) (FRE) (AE) (%)
Telangana 12.0
Year 2014-15 14.2 13.9 13.9 14.3 2019-20
10.8 2020-21
-0.9 2021-22
18.2 2022-23
16.3 AAGR
12.5
2015-16 2016-17 2017-18 2018-19 (TRE) (SRE) (FRE) (AE) (%)
India 11.0 10.5 11.8 11.0 10.6 6.4 -1.4 18.4 15.9 10.5
Telanga
b) na
At Constant
12.0
(2011-12)
14.2 13.9
Prices
13.9 14.3 10.8 -0.9 18.2 16.3 12.5
India 11.0 10.5 11.8 11.0 10.6 6.4 -1.4 18.4 15.9 10.5
• Starting out with a 0.6 percentage point lesser growth rate value than India’s in 2014-15,
Telangana’s growth rate of GSDP at constant prices was 0.6 percentage points higher than India’s
b) growth rate in 2022-23.
At Constant (2011-12) Prices
● Starting out with a 0.6 percentage point lesser growth rate value than India’s in 2014-
• Telangana achieved a 7.0% Average Annual Growth Rate (AAGR) of GSDP at constant prices from
15, Telangana’s growth rate of GSDP at constant prices was 0.6 percentage points
2014-15higher
to 2022-23, compared
than India’s to India’s
growth rate in Average
2022-23.Annual Growth Rate of 5.7% during the same
time span.
● Telangana achieved a 7.0% Average Annual Growth Rate (AAGR) of GSDP at constant
prices from 2014-15 to 2022-23, compared to India’s Average Annual Growth Rate of
• On an average, Telangana grew by 1.3 percentage points more than India did for each of these
years. 5.7% during the same time span.
● On an average, Telangana grew by 1.3 percentage points more than India did for each
• Telangana ranked
of these 3rd in terms of percentage increase in growth rate of GSDP between 2014-15
years.
and 2022-23, out of 16 states with data availability in 2022-23.

15 and 2022-23, out of 16 states with data availability in 2022-23.
● During COVID-19, while India experienced a growth of GDP (- 5.8 %) in 2020-21, Telangana’s
growth rate was still better at (-6.8%).
Figure 5: Growth Rate(%) of GSDP /GDP for Telangana and India at constant (2011-12) prices
Figure 5: Growth Rate(%) of GSDP /GDP - Telangana and India at Constant (2011-12) Prices
11.6
10.6
9.3 9.7 9.1
6.8 7.6
5.4 9.1
8.0 8.3
7.4 6.8 7.0
6.5
3.9
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23

-6.8 -5.8
Telangana All india
Table 5: Growth Rate(%) of GSDP /GDP -Telangana and India at Constant (2011-12) Prices
Table 5: Growth Rate(%) of GSDP /GDP - Telangana and India at constant (2011-12) prices
2019-20 2020-21 2021-22 2022-23 AAGR

Year
Year 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 AAGR
2014-15 2015-16 2016-17 2017-18 2018-19 (TRE) (SRE) (FRE) (AE) (%)
Telangana 6.8 11.6 9.3 9.7 9.1 5.4 -6.8 10.6 7.6 7.0
India 7.4 8.0 8.3 6.8 6.5 3.9 -5.8 9.1 7.0 5.7
Telangana 6.8 11.6 9.3 9.7 9.1 5.4 -6.8 10.6 7.6 7.0
1.4 Annual
India 7.4Growth
8.0 Rate
8.3 (%) of
6.8GSDP6.5
- Telangana
3.9 vs.
-5.8 Southern
9.1 States
7.0 5.7
The Annual Growth Rate of GSDP reflects the rate of increase or decrease of the GSDP at market
1.4 Annual Growth Rate (%) of GSDP - Telangana vs. Southern States
prices based on current or constant prices. Given the geographical proximity and similarity in so-
The Annual Growth
cio-economic Rate of of
circumstances GSDP reflects the
the southern ratestates,
Indian of increase or decrease
the Annual Growthof theofGSDP
Rate GSDPatis market
com-
prices based on current or constant prices. Given the geographical proximity and similarity
pared, with the aim of identifying the progress of Telangana vis-a-vis its neighbouring states. in
socio-economic circumstances of the southern Indian states, the Annual Growth Rate of GSDP
a) At Current
is compared, Prices:
with the aim of identifying the progress of Telangana vis-a-vis its neighbouring
states.
• Telangana achieved 1st rank in annual average growth in GSDP amongst all Southern states, at
a) At Current Prices:
12.5%, from 2014-15 to 2022-23.
● Telangana achieved 1st rank in annual average growth in GSDP amongst all Southern
• In thestates, at 12.5%,2019-20,
years 2018-19, from 2014-15 to 2022-23.
and 2022-23, Telangana registered a higher growth than all other
Southern states.
● In the years 2018-19, 2019-20, and 2022-23, Telangana registered a higher growth than
all other Southern states.
• Telangana surpassed Kerala in GSDP growth rate in all years post its formation, and Tamil Nadu
in● allTelangana surpassed
but one year Kerala in GSDP growth rate in all years post its formation, and Tamil
post its formation.
Nadu in all but one year post its formation.
7

Table 6: Annual Growth Rate(%) of Southern States (Current Prices)
2019-20 2020-21 2021-22 2022-23 AAGR

Year 2014-15 2015-16 2016-17 2017-18 2018-19
Andhra 13.08 15.1 13.27 14.86 11.14 5.97 3.34 18.50 16.22 12.4
Pradesh
Karnataka 11.91 14.36 15.54 10.40 10.96 8.91 0.87 20.78 14.20 12.0
Kerala 10.22 9.64 12.97 10.51 12.36 3.13 -5.16 17.63 NA 8.90
Tamil 10.75 9.68 10.72 12.47 11.27 6.93 3.73 14.22 13.74 10.4
Nadu
Telangana 12.02 14.24 13.92 13.93 14.32 10.81 -0.91 18.17 16.27 12.5
b) At Constant (2011-12) Prices:

• Telangana achieved the 3rd highest annual average growth in GSDP amongst all Southern states,
at 7.03%, from 2014-15 to 2022-23.
• In the year 2018-19 Telangana recorded the highest GSDP growth rate among southern states.
Table 7: Annual Growth Rate(%) of Southern States (Constant Prices)
2019-20 2020-21 2021-22 2022-23 AAGR

Year 2014-15 2015-16 2016-17 2017-18 2018-19
Andhra 9.20 12.16 8.34 10.09 5.36 3.7 -2.48 11.23 7.02 7.18
Pradesh
Karnataka 6.24 11.08 13.29 8.28 6.41 5.87 -3.53 10.96 7.86 7.38
Kerala 4.26 7.44 7.56 6.36 7.37 0.90 -8.43 12.01 NA 4.68
TamilNadu 4.92 8.24 7.15 8.59 7.01 3.25 0.14 7.99 8.03 6.15
Telangana 6.76 11.58 9.34 9.74 9.15 5.35 -6.83 10.63 7.56 7.03
2. Per Capita Income (PCI)

The Per Capita Income is used to measure the standard of living of the people. It is calculated by
dividing NSDP by the total midyear population of a country or a state for the respective year.
2.1 Per Capita Income of Telangana and India

• Telangana achieved 1st place with higher PCI (Rs. 3,08,732) for the year 2022-23, out of the 16
• Telangana’s Per Capita Income at current prices increased by 148.8% between 2014-15 and
2022-23, as against India’s increase of 98.5% in the same period.
• Telangana achieved the 2nd highest percentage growth increase in Per Capita Income at current
prices between 2014-15 and 2022-23 out of the 16 states with data availability.

● Telangana achieved the 2nd highest percentage growth increase in Per Capita Income at
current prices between 2014-15 and 2022-23 out of the 16 states with data availability
Figure 6: Figure
Telangana State Per Capita
6: Telangana State Income at Current
Per Capita IncomePrices (Rupees)
at Current Prices (in Rupees)
2022-23 (AE) 3,08,732

2021-22 (FRE) 2,65,942
2020-21 (SRE) 2,25,687
2019-20 (TRE) 2,31,326
2018-19 2,09,848
2017-18 1,79,358
Growth
2016-17 1,59,395 148.8%
2015-16 1,40,840
2014-15 1,24,104
●• Telangana’s
Telangana’s Per
Per Capita
CapitaIncome
Incomehas
hasbeen
beenhigher
higherthan
thanIndia’s
India’soverall
overallPer
PerCapita
Capita Incomesince
Income since
2014-15, and
2014-15, and the
the gap
gap has
has increased
increasedover
overtime.
time.
●• In
In2014-15,
2014-15, the
the Per Capita Income
Per Capita Income of
of Telangana
Telanganawas
was1.43
1.43times
timesthat
thatofofNational
National PCI
PCI
● In 2022-23, the PCI value for Telangana, one of the strongest economic indicators of the
• In 2022-23, the PCI value for Telangana, one of the strongest economic indicators of the well-
well-being of a population, was 1.8 times that of the National PCI.
being of a population, was 1.8 times that of the National PCI.
Figure 7: Per Capita Income of Telangana and India (at current prices)
Figure 7: Per Capita Income of Telangana and India at Current Prices (Rupees)
Telangana All India

3,08,732
9
1.8 times
1,24,104
1.4 times 1,72,000
86,647
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23

Table 8: Per Capita Income of Telangana and India at Current Prices (Rupees)
GR from
2019-20 2020-21 2021-22 2022-23 2014-15
Year Table
2014-15
8: Per2015-16 2016-17 of2017-18
Capita Income 2018-19
Telangana and India at current
(TRE) (SRE) prices (in Rupees)
(FRE) (AE) to 2022-
23(%)
Telangana 1,24,104 1,40,840 1,59,395 1,79,358 2,09,848 2,31,326 2,25,687 2,65,942 3,08,732 GR from
148.8
Year
All India 86,647 94,797 1,04,880 1,15,224 1,25,946 2019-20
1,32,341 2020-21
1,27,065 2021-22 1,72,000 2014-15
1,48,524 2022-23 98.5
2014-15 2015-16 2016-17 2017-18 2018-19 to 2022-
No. of Times 1.4 1.5 1.5 1.6 1.7 (TRE)1.7 (SRE)1.8 (FRE)1.8 (AE)1.8
to All-India
23(%)
Telangana 1,24,104 1,40,840 1,59,395 1,79,358 2,09,848 Economic

2,31,326 Development of Telangana
2,25,687 2,65,942 3,08,732
@Ten 19
148.8
All India 86,647 94,797 1,04,880 1,15,224 1,25,946 1,32,341 1,27,065 1,48,524 1,72,000 98.5
b) At Constant (2011-12) Prices:
• Telangana’s Per Capita Income at constant prices increased by 62.3% between 2014-15 and
2022-23, as against India’s increase of 34.8% in the same period.
• Telangana achieved the 2nd highest percentage increase in Per Capita Income at constant prices
between
Figure 8:2014-15 and 2022-23
Telangana out
State Per of theIncome
Capita 16 states
at with data availability.
Constant Prices (in Rupees)
Figure
Figure 8: Telangana
8: Telangana State State Per Capita
Per Capita IncomeIncome at Constant
at Constant Prices (in Rupees)
Prices (Rupees)
2022-23 (AE) 1,64,657
2021-22(AE)
2022-23 (FRE) 1,54,122
1,64,657
2020-21(FRE)
2021-22 (SRE) 1,39,640
1,54,122
2019-20(SRE)
2020-21 (TRE) 1,53,286
1,39,640
2018-19
2019-20 (TRE) 1,46,777
1,53,286
2017-18 1,31,503
2018-19 1,46,777
Growth
2016-17 1,21,512
2017-18 1,31,503 62.3%
2015-16 1,12,267 Growth
2016-17 1,21,512
62.3%
2014-15 1,01,424
2015-16 1,12,267
2014-15 1,01,424
● Telangana’s Per Capita Income has been higher than India’s overall Per Capita Income
since 2014-15, and the gap has increased over time.
• Telangana’s Per Capita Income has been higher than India’s overall Per Capita Income since
● Telangana’s Per Capita Income has been higher than India’s overall Per Capita Income
●2014-15,
In 2014-15, thegap
and the Perhas
Capita Income
increased of Telangana
over time. was 1.4 times that of National PCI
since 2014-15, and the gap has increased over time.
• ●In 2014-15,
In 2022-23,
thethe
Per PCI value
Capita for Telangana,
Income one
of Telangana of 1.4
was thetimes
strongest economic
that of National indicators
PCI of the
● Inwell-being
2014-15, the Per Capita Income of Telangana was 1.4 times
of a population, was 1.7 times that of the National PCI.that of National PCI
• In 2022-23, the PCI value for Telangana, one of the strongest economic indicators of the well-
● being
In 2022-23, the PCI value for Telangana,ofone of the strongest economic indicators of the
Figure 9: of
Perthe population,
Capita Incomewas 1.7 times that
of Telangana the National
and India PCI. prices)
(at constant
well-being of a population, was 1.7 times that of the National PCI.
Figure 9: Per Capita Income of Telangana and India at Constant Prices (Rupees)
Figure 9: Per Capita Income of Telangana and India (at
Telangana All constant
India prices) 1,64,657
Telangana All India 1,64,657

1.7 times
1,01,424
1.4 times 98,118
1.7 times
1,01,424
72,805
1.4 times 98,118
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
72,805
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23

Table 9 : Per Capita Income of Telangana and India at Constant Prices (Rupees)
GR from
2019-20 2020-21 2021-22 2022-23 2014-15
Year 2014-15 2015-16 2016-17 2017-18 2018-19
(TRE) (SRE) (FRE) (AE) to 2022-
23(%)
Telangana 1,01,424 1,12,267 1,21,512 1,31,503 1,46,777 1,53,286 1,39,640 1,54,122 1,64,657 62.3
All India 72,805 77,659 83,003 87,586 92,133 94,420 86,054 92,583 98,118 34.8
No. of Times 1.4 1.4 1.5 1.5 1.6 1.6 1.6 1.7 1.7
to All India
2.2 Per Capita Income Growth Rate - Telangana and India

The growth rate of Per Capita Income is indicative of the rate at which the well-being of individuals
is improving in an economy. The indicator is calculated at both current and constant prices.
• Telangana’s rate of growth of Per Capita Income has been consistently higher than that of India’s
from 2014-15 to 2022-23.
• In 2014-15, Telangana’s growth rate of PCI was only 1.1 percentage points higher than India’s. In
the year 2022-23, the gap was 0.3 percentage points.
• Telangana achieved an 12.1% Average Annual Growth Rate (AAGR) in per capita income at
current prices from 2014-15 to 2022-23, compared to India’s Average Annual Growth Rate of
9.2% during the same time span.
• On an average, Telangana’s Per Capita Income grew by 2.9 percentage points more than India’s
for each year during this period.
• Telangana ranked 2nd in terms of growth rate of Per Capita Income between 2014-15 and
2022-23, out of 16 states with data availability in 2022-23.
Figure
Figure 10:10: Growth
Growth Rate(%)
Rate(%) of Per
of Per Capita
Capita Income
Income of Telangana
of Telangana and India
and India (at current
at Current Prices prices)
17.8
17.0
16.1
13.5 13.2 16.9
12.5 15.8
10.6 10.2
10.6
9.5 9.4 9.9 9.3
5.1
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21-2.42021-22 2022-23

-4.0
Telangana All India
Table 10: Growth Rate(%) of Per Capita Income of Telangana and India (at current prices)
Table 10: Growth Rate(%) of Per Capita Income of Telangana and India at Current Prices
2019-20 2020-21 2021-22 2022-23 AAGR

Year 2014-15 2015-16 2016-17 2017-18 2018-19
Telangana 10.6 13.5 13.2 12.5 17.0 10.2 -2.4 17.8 16.1 12.1
India 9.5 9.4 10.6 9.9 9.3 5.1 -4.0 16.9 15.8 9.2

• Telangana’s rate of growth of Per Capita Income has been consistently higher than that of India’s
from 2015-16 to 2020-21.
• In 2014-15, Telangana’s growth rate of PCI was only 0.6 percentage points less than India’s. In
the year 2022-23, the state’s PCI growth rate was 0.8 percentage points higher than the all-India
growth rate of PCI.
● On an average, Telangana’s Per Capita Income grew by 2.1 percentage points more than
• Telangana achieved a 6.3% Average Annual Growth Rate (AAGR) in Per Capita Income at constant
India’s for each year during this period.
prices from 2014-15 to 2022-23, compared to India’s Average Annual Growth Rate of 4.2%
during the ranked
● Telangana same time
2nd span.
in terms of growth rate of Per Capita Income between 2014-15 and
2022-23, out of 16 states with data availability in 2022-23.
• On an average, Telangana’s Per Capita Income grew by 2.1 percentage points more than India’s
for each year during this period.
Table 11: Growth Rate(%) of Per Capita Income of Telangana and India (at constant prices)
• Telangana ranked 2nd in terms of growth rate of Per Capita Income between 2014-15 and 2022-
23, out of 16 states with data availability in 2022-23.
2019-20 2020-21 2021-22 2022-23
Year 2014-15 2015-16 2016-17 2017-18 2018-19 AAGR (%)
Table 11: Growth Rate(%) of Per Capita Income of Telangana
(TRE) and (SRE)
India at Constant
(FRE) Prices
(AE)
Telangana 5.6 10.7 8.2 8.2 11.6 4.4

2019-20 -8.9 2021-22
2020-21 10.4 2022-23
6.8 AAGR6.3
Year 2014-15 2015-16 2016-17 2017-18 2018-19
India 6.2 6.7 6.9 5.5 5.2 2.5 -8.9 7.6 6.0 4.2
Telangana 5.6 10.7 8.2 8.2 11.6 4.4 -8.9 10.4 6.8 6.3
India 6.2 6.7 6.9 5.5 5.2 2.5 -8.9 7.6 6.0 4.2
Figure 11: Growth Rate(%) of Per Capita Income of Telangana and India (at constant prices)
Figure 11: Growth Rate(%) of Per Capita Income of Telangana and India at Constant Prices
11.6
10.7 10.4
8.2 8.2
6.8
6.2
4.4 7.6
5.6 6.7 6.9
5.5 5.2 6.0
2.5
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23

-8.9
-8.9
Telangana All India

2.3 Inter- State comparison of Per Capita Income
2.3 Inter- State comparison of Per Capita Income
The comparison of the per-capita income of Telangana with other Indian states aims to reveal the
performance
• of Telangana
The comparison in improving
of the per-capita the well
income being of with
of Telangana its people
other as compared
Indian to the
states aims other
to reveal
states
theofperformance
the country.of Telangana in improving the well being of its people as compared to the oth-
er
● states
At Rs.of3,08,732,
the country.
Telangana’s Per Capita Income is nearly double the average national Per
Capita Income (Rs. 1,72,000)
• At Rs. 3,08,732, Telangana’s Per Capita Income is nearly double the average national Per Capita
● Telangana ranked 1st in the country in terms of the Per Capita Income out of the 16
Income (Rs. 1,72,000)
states for which data is available for the year 2022-23.
• Telangana ranked 1st in the country in terms of the Per Capita Income out of the 16 states for
which data is available for the year 2022-23.
Figure 12: State-wise Comparison of Per Capita Income (Rupees)
Figure 12: State-wise Comparison of Per Capita Income (Rupees)
3,08,732
3,01,673
2,96,685
2,73,288
2,42,247
2,33,565
2,19,518
1,73,873
1,72,000
1,56,149
1,50,676
1,41,373
1,40,583
1,33,898
1,32,806
1,18,504
98,572
Year-on-year improvement
Year-on-year improvementininTelangana’s
Telangana’sPer Per Capita
Capita Income
Income at current
at current prices
prices was associated
was associated with
with
an an year-on-year
year-on-year improvement
improvement in its ranking
in its ranking as compared
as compared with states.
with other other states.
Telangana surpassed the following 8 states in a span of 9 years, moving from 10th rank in 2014-
Telangana surpassedththe following 8 states in a span of 9 years, moving from 10th rank in 2014-15
15 to become the 4 ranking state in terms of Per Capita Income at current prices in the year
to become the 4th ranking state in terms of Per Capita Income at current prices in the year 2018-19,
2018-19, moving to 3rd rank in 2019-20 and 2021-22, finally 1st ranking state in 2022-23 out of
moving to 3 rank in 2019-20 and 2021-22, finally 1 ranking state in 2022-23 out of the 16 states
rd st
the 16 states with data availability:
with data availability:
• ●Himachal Pradesh
Himachal in 2014-15,
Pradesh Gujarat
in 2014-15, in 2015-16,
Gujarat Tamil
in 2015-16, Nadu
Tamil in 2016-17,
Nadu Maharashtra
in 2016-17, in 2017-
Maharashtra in
2017-18, Karnataka, Kerala, and Uttarakhand in 2018-19, Haryana
18, Karnataka, Kerala, and Uttarakhand in 2018-19, Haryana in 2019-20 in 2019-20
15

FigureFigure
13: Year-on-year Ranking
13: Year-on-year of Telangana
Ranking State
of Telangana on Per
State Capita
on Per Income
Capita atat
Income Current Prices
Current Prices
1
3 3
4 4
7
8
9
10
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23

Note: Goa and Sikkim data was not available in 2022-23(AE).
Figure 13a: Year-on-year surpassed States - Per Capita Income at Current Prices
Note: Goa and Sikkim data was not available in 2022-23(AE).
Ladakh
2.4 Annual Growth Rate of Per Capita Income: Telangana vs. the Southern States
Jammu & Kashmir
Himachal Pradesh
a) At Current Prices: 2014-15
Punjab
• Telangana achieved the highest average

Haryana
Uttarakhand
growth in PCI amongst all Southern states, at 12.1%,
2018-19
from 2014-15. 2019-20
• In the years 2018-19, as well as 2019-20 and 2022-23, Telangana

Rajasthan
Sikkim recorded the highest PCI
Arunachal Pradesh
growth rate among southern states. Uttar Pradesh

Assam
Nagaland
• Telangana ranked 1st among the southern states in terms

Bihar of PCI growth rate, out of the 3
Manipur
Meghalaya

Jharkhand
Tripura
Madhya Pradesh West Bengal
Mizoram
Gujarat
2015-16
Chattisgarh
Dadra Nagar Haveli Odisha
Maharashtra
2017-18
Telangana
Goa
Andhra Pradesh
Karnataka
2018-19
16
Puducherry
Andaman and Nicobar
Tamilnadu
Kerala 2016-17
2018-19

2.4 Annual Growth Rate of Per Capita Income: Telangana vs. the Southern
States
a) At Current Prices:
• Telangana achieved the highest average growth in PCI amongst all Southern states, at 12.1%,
from 2014-15.
• In the years 2018-19, as well as 2019-20 and 2022-23, Telangana recorded the highest PCI growth
rate among southern states.
• Telangana ranked 1st among the southern states in terms of PCI growth rate, out of the 3 states
with data availability.
Table 12: Annual Growth Rate of Per Capita Income (%) at Current Prices
2019-20 2020-21 2021-22 2022-23 AAGR

Year 2014-15 2015-16 2016-17 2017-18 2018-19
Andhra 13.31 15.01 11.74 14.6 11.38 4.1 2.12 17.61 13.98 11.5
Pradesh
Karnataka 9.42 13.91 14.71 9.38 10.44 7.89 -0.05 20.02 13.57 11.0
Kerala 9.85 9.29 12.23 10.23 12.11 1.68 -6.97 17.73 NA 8.3
Tamil 10.72 9.68 10.26 11.93 10.9 6.07 2.91 13.65 13.34 9.9
Nadu
Telangana 10.65 13.49 13.17 12.52 17.0 10.23 -2.44 17.84 16.09 12.1
b) At Constant Prices
• Telangana shared second highest position in Annual Average Growth of PCI amongst all South-
ern states, at 6.3 %, from 2014-15.
• In the year 2018-19, Telangana recorded the highest PCI growth rate among Southern states.
Table 13: Annual Growth Rate of Per Capita Income (%) at Constant Prices
2019-20 2020-21 2021-22 2022-23 AAGR

Year 2014-15 2015-16 2016-17 2017-18 2018-19
Andhra 9.58 11.92 6.21 9.63 5.5 1.59 -4.26 10.94 5.16 6.3
Pradesh
Karnataka 3.77 10.52 12.3 7.29 5.88 4.74 -4.52 10.36 7.24 6.4
Kerala 4.26 7.06 7.36 6.14 7.41 0.41 -10.31 12.13 NA 4.3
Tamil 4.82 8.18 6.33 7.97 6.63 2.12 -0.91 7.59 7.79 5.6
Nadu
Telangana 5.61 10.69 8.23 8.22 11.62 4.43 -8.9 10.37 6.84 6.3

3. Gross State Value Added (GSVA)
3. Gross State Value Added (GSVA)
The Gross State Value Added (GSVA), which broadly reflects the supply or production side of the
The Gross registered
economy, State ValueanAdded (GSVA),
annual which
average broadly
growth ratereflects
of 12.0%theinsupply or production
Telangana side ofto the
as compared the
economy, registered an annual average growth rate of 12.0% in Telangana as compared
national average of 10.3% at current prices from 2014-15 to 2022-23. Telangana’s GSVA grew byto the
national average of 10.3% at current prices from 2014-15 to 2022-23. Telangana’s GSVA grew by
15.8% in 2022-23 (AE) which was higher than India‘s GVA growth rate by 0.6 percentage points.
15.8% in 2022-23 (AE) which was higher than India‘s GVA growth rate by 0.6 percentage points.
Figure 14: Growth Rate(%) of GSVA at Current Prices - Telangana and India
Figure 14: Growth Rate(%) of GSVA at Current Prices - Telangana and India
Telangana India
17.9 15.8
13.7 14.2
13.2 13.3
11.9 16.4 15.2
11.0
10.6 11.1 11.0 10.8

9.3
7.0
-1.0 -1.0
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
Table 14: Growth Rate(%) of GSVA at Current Prices - Telangana and India
2019-20 2020-21 2021-22 2022-23 AAGR

Year Table
2014-15 2015-16Rate(%)
14: Growth 2016-17of2017-18
GSVA at2018-19
Current Prices
(TRE) - Telangana
(SRE) and India
(FRE) (AE) (%)
Telangana 10.6 13.7 13.2 13.3 14.2 11.9 -1.0 16.4 15.8 12.0
2019-20 2020-21 2021-22 2022-23
India2014-15 11.0
2015-16 2016-17
9.3 2017-18
11.1 11.02018-19
10.8 7.0 -1.0 17.9 15.2 AAGR
10.3
b) At Constant
Telangana 10.6
(2011-12)
13.7 13.2
Prices
13.3 14.2 11.9 -1.0 16.4 15.8 12.0
The Gross State Value Added (GSVA) at constant prices registered an annual average growth rate
Indiaof 6.4% 11.0 9.3 as compared
in Telangana 11.1 11.0 10.8 average
to the national 7.0 of -1.0 17.9
5.6% from 15.2
2014-15 10.3
to 2022-23.
Telangana’s GSVA grew by 6.9% in 2022-23 (AE) which was higher than India‘s GVA growth rate by
0.3 percentage points.

18
Telangana’s GSVA grew by 6.9% in 2022-23 (AE) which was higher than India‘s GVA growth rate
by 0.3 percentage points.
Figure 15: Growth Rate(%) of GSVA at Constant Prices - Telangana and India
Figure 15: Growth Rate(%) of GSVA at Constant Prices - Telangana and India
Telangana India
10.6
9.0 8.9 9.3
8.4
7.2 6.9
6.2
8.0 8.0 8.8
6.2 6.6
5.2 5.8
3.9
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23

-4.2
-7.3
Table 15: Growth Rate (%) of GSVA at Constant Prices - Telangana and India
2019-20 2020-21 2021-22 2022-23 AAGR

Year 2014-15 2015-16 2016-17 2017-18 2018-19
TelanganaTable 15:
5.2 Growth
10.6 Rate 8.4
(%) of GSVA
9.0 at Constant
8.9 Prices
6.2 - Telangana
-7.3 and India
9.3 6.9 6.4
India 7.2 8.0 8.0 6.2 5.8 3.9 -4.2 8.8 6.6 5.6
2019-20 2020-21 2021-22 2022-23
2014-15 2015-16 2016-17 2017-18 2018-19 AAGR
4. Sectoral Analysis (TRE) (SRE) (FRE) (AE)
Telangana
Highlights
5.2 10.6 8.4 9.0 8.9 6.2 -7.3 9.3 6.9 6.4
IndiaPrimary
7.2 Sector
8.0 (Crops,8.0
Livestock,
6.2Forestry5.8
and Logging,
3.9 Fishing
-4.2 and Aquaculture)
8.8 6.6 5.6
• The contribution of the primary sector to Telangana’s GSVA improved from 19.5% in 2014-15 to
21.1% in 2022-23 at current prices and 17.9% in 2014-15 to 18.0% at constant prices.
• Growth rate of primary sector in 2022-23 is approximately 7 times of its growth rate in 2014-15.
at current prices. Whereas at constant prices also it has improved substantially from -5.8% in
2014-15 to 4.4% in 2022-23.
19
• From 2014-15 to 2022-23, the AAGR of the agriculture and allied sector at current prices and at
constant prices was 12.8% and 5.3% respectively.
Secondary Sector (Manufacturing, Construction, Electricity, Gas, Water Supply and other
Utilities)
• Since state formation, the average contribution of the secondary sector to Telangana’s GSVA has
been 18.3% and 21.2% at current and constant respectively.

• The Gross Value Added by the sector grew by 115.5% at current prices and 66.1% at constant
prices from 2014-15 to 2022-23.
• At current prices, Electricity, Gas, Water Supply and Other Utility Services’ registered the highest
growth of 186.2% from 2014-15 to 2022-23 among all the sub-sectors of secondary sector.
• At constant prices, ‘Manufacturing’ registered the highest growth of 89.3% from 2014-15 to
2022-23 at constant prices among all the sub-sectors of secondary sector.
Tertiary Sector (Trade, Repair, Hotels and Restaurants, Real Estate, Ownership of Dwelling and
Professional Services, Transport, Storage, Communication, and Services related to Broadcasting,
Public Administration)
• The Tertiary sector remains the dominant sector of the state’s economy accounting for 62.2 % of
state GSVA in 2022-23 at current prices and 61.3% of state GSVA in 2022-23 at constant prices.
• For all sub-sectors in the ‘Services Sector’, the GVA at current prices in 2022-23 was between 1.8
to 4.2 times its value in 2014-15 and at constant prices was between 0.7 to 2.8 times its value
in 2014-15.
• Among all the sub-sectors of Tertiary sector, ‘Real Estate, Ownership of Dwelling and Professional
Services’ sub-sector was the highest contributor in both current and constant prices accounting
for 21.5% and 20.7 % of the sector respectively.
4.1 Sectoral Growth Rates
4.1 Sectoral Growth Rates
Figure 16: Sectoral Growth Rates (%) (at current prices) in Telangana
Figure 16: Sectoral Growth Rates (%) at Current Prices in Telangana
Agriculture & Allied Sectors Industries Services
37.0%
20.1%
18.1% 20.9%
19.8% 17.5%
16.2% 17.8%
15.9% 16.6%
15.7%
13.9% 13.3%
15.3% 12.7%
12.1% 10.7%
12.2% 9.5%
6.1%
3.4%
1.5%
-0.5% -0.6%
-0.7% -4.6%
-4.0%

Table 16: Sectoral Growth Rates (%) (at current prices) in Telangana
Table 16: Sectoral Growth Rates (%) at Current Prices in Telangana
2019-20 2020-21 2021-22 2022-23
Sector 2014-15 2015-16 2016-17 2017-18 2018-19
Agriculture & Allied -0.7% -0.5% 17.5% 13.9% 12.7% 37.0% 13.3% 6.1% 15.7%
Sectors
Industries 1.5% 19.8% 3.4% 16.6% 20.9% -0.6% -4.6% 16.2% 9.5%
Services 18.1% 15.3% 15.9% 12.1% 12.2% 10.7% -4.0% 20.1% 17.8%
Figure 17: SectoralFigure

Growth17:Rates
Sectoral Growth
(%) at Rates
Current (%)in(at
Prices current prices) in India
India
Agriculture & Allied Sectors Industries Services

23.3%
17.4%
18.1%
13.7% 13.1% 12.4% 13.9%
12.4% 11.2%
10.4%
8.7% 11.7% 10.2% 11.2%
10.9% 10.0%
9.2% 10.0%
8.8% 10.5% 9.7%
8.1%
7.1%
6.4%
0.4%
-1.0%
-5.3%
Table 17 : Sectoral Growth Rates (%) at Current Prices in India

2019-20 2020-21 2021-22 2022-23
Growth Rate 2014-15 2015-16 2016-17 2017-18 2018-19
Agriculture & Allied 8.7% 6.4% 13.1% 12.4% 7.1% 11.2% 9.7% 10.0% 11.2%
Sectors
Table 17 : Sectoral Growth Rates (%) (at current prices) in India
Industries 8.1% 9.2% 8.8% 10.5% 10.2% -1.0% 0.4% 23.3% 13.9%
Services 13.7% 10.4% 11.7% 10.9% 12.4% 10.0% -5.3% 18.1% 17.4%
Growth 2018-19 2019-20 2020-21 2021-22 2022-23
2014-15 2015-16 2016-17 2017-18
Rate (TRE) (SRE) (FRE) (SAE)
4.2 Contribution of Agriculture and allied Sector to GSVA of Telangana in
2022-23 at Current Prices
Agricultur
e & Allied 8.7% 6.4% 13.1% 12.4% 7.1% 11.2% 9.7% 10.0% 11.2%
Sectors
1. There was a 186.4% increase in the value added by the agriculture & allied sectors from 2014-15
to 2022-23.
Industries 8.1% 9.2% 8.8% 10.5% 10.2% -1.0% 0.4% 23.3% 13.9%
2. ‘Crops’
Services and ‘Livestock’
13.7% 10.4% have11.7%
consistently been the
10.9% major contributors
12.4% 10.0% to the Gross
-5.3% Value Added
18.1% 17.4%
in the ‘Agriculture and Allied Sector’. Together, they accounted for 93% of the sector’s GVA in
2022-23.
3. The GVA by all the sub-sectors in 2022-23 was 3 times the value added in 2014-15 respectively.
23
3. The GVA by all the sub-sectors in 2022-23 was 3 times the value added in 2014-15
respectively.
Figure 18: Contribution (%) of Agricultural Sector to GSVA at current prices

Figure 18: Contribution (%) of Agricultural Sector to GSVA at Current Prices
2022-23 (AE) 9.3 8.2
2021-22 (FRE) 8.9 8.6
2020-21 (SRE) 10.0 9.3
2019-20 (TRE) 9.1 7.9
2018-19 6.2 7.4
2017-18 7.0 6.9
2016-17 7.3 6.6
2015-16 6.9 6.4
2014-15 8.9 6.3
Crops Livestock Forestry and Logging Fishing and Aquaculture
Table 18: Agriculture Sector GSVA ( Rs. crores)
Agriculture Sector
Table 18: Agriculture Sector GSVA ( Rs. crores)
2019-20 2020-21 2021-22 2022-23
2014-15 2015-16 2016-17 2017-18 2018-19
GSVA (in Rs. crores) (TRE) (SRE) (FRE) (AE)
Crops
Agriculture 41,706 36,805 43,529 47,457 48,3662019-20
78,854 2020-21
85,990 2021-22
89,245 2022-23
1,08,269
Sector GSVA 2014-15 2015-16 2016-17 2017-18 2018-19
Livestock 29,282 33,755 39,816 46,595 57,513 (TRE)
68,865 (SRE)
79,823 (FRE)
86,515 (AE)
94,955
(in Rs. crores)
Forestry and Logging 2,465 2,498 3,360 3,684 4,372 4,193 6,415 6,683 7,277
Fishing and
Crops 41,706 2,670
36,805 2,649
43,529 2,275
47,4573,65448,366
4,04278,854
4,694 85,990
5,254 89,245
5,883 1,08,269
7,483
Aquaculture
29,282
Livestock Livestock,
Agriculture, 33,755 39,816 46,595 57,513 68,865 79,823 86,515 94,955
76,123 75,707 88,979 1,01,390 1,14,292 1,56,605 1,77,482 1,88,326 2,17,983
Forestry
Forestryand
and Fishing
2,465 2,498 3,360 3,684 4,372 4,193 6,415 6,683 7,277
Logging
a) Gross Value of Output for Major Crops at current prices
1.a) Gross
Fishing Value
and cotton
Paddy, of red
and
2,670 Output for
gram are
2,649 Major
the
2,275 three Crops
3,654 at Current
most4,042
significant Prices
crops
4,694 in Telangana.
5,254 5,883 7,483
Aquaculture
2.1. Paddy,
There cotton
Agriculture,
and red
has been gram are year-on-year
a significant the three mostincrease
significant
in crops in Telangana.
the production of paddy starting
2015-16.
Livestock,
2. There has been
76,123a significant year-on-year increase in the 1,56,605
production of paddy starting2,17,983
2015-16.
3. Forestry
In 2021-22,
and the GVO75,707 88,979 1,01,390
for paddy was 4 times the1,14,292
GVO for paddy in 1,77,482 1,88,326
2014-15.
3. In 2021-22, the GVO for paddy was 4 times the GVO for paddy in 2014-15.
Fishing
4. In 2021-22, the GVO for red gram was approx. 3 times the GVO for red gram in 2014-15.
4. In 2021-22, the GVO for red gram was approximately 3 times the GVO for red gram in 2014-15.
Figure 19: Gross Value of Output for Major Crops at current prices (Rs. crore) 24
Figure 19: Gross Value of Output for Major Crops at Current Prices (Rs. crore)
39,213
15,752
9,528
7,549
530 1,465
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22
Paddy Cotton Red Gram
b) Gross Value of Output for Livestock at current prices

1. 30The Gross Value
Economic of Output
Development ‘Livestock’ sub-sector experienced a consistent increase
for the @Ten
of Telangana
from 2014-15 to 2021-22.
2. The Livestock sub-sector grew by 224% from 2014-15.
15,752
9,528
7,549
b) Gross
530 Value of Output for Livestock at Current Prices 1,465
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22
1. The Gross Value of Output
Paddyfor the ‘Livestock’ sub-sector
Cotton experienced a Red
consistent
Gram increase from
2014-15 to 2021-22.
b) Gross Value of Output for Livestock at current prices
2.
1. The
The Livestock sub-sector
Gross Value grew
of Output forby
the224% from 2014-15.
‘Livestock’ sub-sector experienced a consistent increase
from 2014-15 to 2021-22.
3. In 2021-22, the GVO for ‘Meat’ was approx. 4 times its value in 2014-15.
2. The Livestock sub-sector grew by 224% from 2014-15.
3. In 2021-22, the GVO for ‘Meat’ was approx. 4 times its value in 2014-15.
4. The GVO for ‘Poultry Meat’, ‘Inland Fish and Prawns’, and ‘Eggs’ in 2021-22 was more than dou-
4. ble GVO
Thethe forvalue
GVO ‘Poultry Meat’, ‘Inland Fish and Prawns’, and ‘Eggs’ in 2021-22 was more than
in 2014-15.
double the GVO value in 2014-15.
Figure 20: Gross
Figure 20:Value
GrossofValue
Output for Livestock
of Output at Current
for Livestock Prices (Rs.
at current crore)
prices (Rs. crore)
35,000 32,244
30,000
25,000
20,000
13,426
15,000
8,301
10,000
5,274 6,324
5,000
2887 6,532
2964
0
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22
Meat Poultry Meat Inland Fish and Prawns Eggs
4.3 Contribution of Industrial Sector to GSVA of Telangana in 2022-23

25at
Current Prices
1. The key sub-sector contributing to the industrial sector GVA is ‘Manufacturing’. Between
2014-15 and 2022-23, the value added by the manufacturing sector grew by 137%.
2. The ‘Construction’ sub-sector has consistently contributed greater than Rs. 35,000 crores to the
GSVA in the last five years
3. Mining and Quarrying, a major backward-linking sector to industries, has consistently added
more than Rs. 25,000 crore to the GSVA in the last five years. The value added by this sub-sector
close to doubled from 2014-15 to 2022-23

Figure 21: Contribution (%) of Industrial Sector (including Mining & Quarrying) to GSVA at
Current Prices
2022-23 (AE) 11.1 1.8 3.7 2.3

2021-22 (FRE) 11.6 1.8 4.0 2.7
2020-21 (SRE) 11.2 1.8 4.1 2.9
2019-20 (TRE) 11.2 2.0 4.5 3.2
2018-19 12.6 1.7 4.9 4.3
2017-18 12.1 1.5 5.1 3.4
2016-17 12.3 1.2 4.8 3.3
2015-16 13.4 1.6 5.4 3.2
2014-15 11.7 1.6 6.0 3.2
Manufacturing
Electricity, Gas, Water supply and Other Utility Services
Construction
Mining and Quarrying
Table 19: Industries Sector GSVA at Current Prices (Rs. Crores)
Industries Sector 2019-20 2020-21 2021-22 2022-23

2014-15 2015-16 2016-17 2017-18 2018-19
GSVA (in Rs. crores) (TRE) (SRE) (FRE) (AE)
Manufacturing 54,533 71,032 73,833 82,607 98,148 97,608 96,855 1,16,657 1,29,274
Electricity, Gas, Water
7,340 8,354 7,221 10,455 13,201 17,418 15,777 17,604 21,009
Supply
Construction 27,786 28,473 28,554 34,495 37,687 38,741 35,215 40,072 42,939
Mining and Quarrying 14,706 17,128 19,687 23,234 33,337 27,510 25,129 26,702 26,980
Total GSVA
1,04,366 1,24,988 1,29,295 1,50,790 1,82,373 1,81,276 1,72,975 2,01,035 2,20,203
(Industries)
4.4 Contribution of Tertiary Sector to GSVA of Telangana in 2022-23 at

Current Prices
1. ‘Real Estate, Ownership of Dwelling and Professional Services’ is the key driver of the Services
Sector, with a contribution of 21.5% to the GVA of the sector in 2022-23. It is the single largest
sub-sector of the state’s GSVA.
2. For all sub-sectors in the ‘Services Sector’, the GVA increased 1.8 to 3.4 times between 2014-15
and 2022-23.
3. The GVA of the ‘Trade, Repair, Hotels and Restaurants’ grew by 236.7% from
2014-15 to 2022-23.

3. The GVA of the ‘Trade, Repair, Hotels and Restaurants’ grew by 236.7%
from 2014-15 to 2022-23.
Figure 22: Contribution (%) of Services Sector to GSVA at current prices

Figure 22: Contribution (%) of Services Sector to GSVA at Current Prices
2022-23 (AE) 18.6 5.6 5.1 21.5 3.0 8.4
2021-22 (FRE) 17.6 5.5 5.1 21.8 2.7 8.4
2020-21 (SRE) 14.4 5.4 5.6 22.5 3.2 8.1
2019-20 (TRE) 17.0 6.2 5.4 20.8 3.0 8.7
2018-19 16.6 6.4 5.6 20.8 3.6 8.7
2017-18 15.3 6.7 6.0 21.2 4.1 9.6
2016-17 14.4 7.1 6.1 22.0 4.3 9.8
2015-16 14.1 7.5 6.2 21.2 4.1 9.1
2014-15 13.8 7.7 6.5 20.8 3.7 8.9
0.0 10.0 20.0 30.0 40.0 50.0 60.0

Trade, Repair, Hotels and Restaurants
Transport, Storage, Communication & Services related to Broadcasting
Financial Services
Real Estate, Ownership of Dwelling and Professional Services
Public Administration
Other Services
Table 20: Service Sector GSVA at Current Prices (Rs. Crores)
Services Sector GSVA 2019-20 2020-21 2021-22 2022-23

2014-15 2015-16 2016-17 2017-18 2018-19
(in Rs. crores) (TRE) (SRE) (FRE) (AE)
Trade, Repair, Hotels
64,269 74,736 86,693 1,03,866 1,28,745 1,48,211 1,24,399 1,76,747 2,16,374
and Restaurants
28
Transport, Storage,
Communication &
35,866 39,666 42,821 45,361 50,105 54,351 46,642 54,980 64,909
Services related to
Broadcasting
Financial Services 30,261 33,123 36,356 40,783 43,841 46,663 48,518 51,563 59,194
Real Estate, Owner-
ship of Dwelling and 96,912 1,12,172 1,31,824 1,44,498 1,61,635 1,80,720 1,93,871 2,18,660 2,49,720
Professional Services
Public Administration 17,166 21,915 25,574 28,049 28,124 26,305 27,784 27,533 34,787
Other Services 41,536 48,030 58,644 65,440 67,831 75,641 69,404 83,768 97,581
Total GSVA (Services) 2,86,011 3,29,641 3,81,912 4,27,998 4,80,280 5,31,892 5,10,617 6,13,251 7,22,564

5. Gross District Domestic Product and Per Capita Income
The Gross District Domestic Product (GDDP) is considered to be one of the most important indica-
tors to measure the economic growth of a district for making planning and policy decisions, and for
allocation of resources and it also a main parameter to assess regional imbalances.
Highlights
• Rangareddy, Hyderabad and Medchal- Malkajgiri are the most urbanized districts of the state,
which account for 43.72% of the state economy at current prices for the year 2021-22.
• For the year 2021-22 Bhadradri Kothagudem, and Warangal Urban are the best performing
districts with growth rates of 34.2% and 24.9% respectively at current prices. Mahabubabad is
also performing equally with Warangal Urban with a growth rate of 24.9%.
• All the districts in the State achieved a positive nominal growth in their Gross District Domestic
Product (GDDP). 32 out of the 33 districts achieved double digit growth in their GDDP for the
year 2021-22 at current prices.
• 25 out of the 33 districts registered a growth rate above the national nominal growth rate (15.9%)
in 2021-22 at current prices.
• Rangareddy district stood in 1st place with the highest PCI (Rs. 7,58,102) in the state in 2021-22
at current prices, which is 5.1 times the All India PCI in that year.
• 32 out of the 33 districts achieved double digit growth in their PCI for the year 2021-22 at current
prices.
• All the districts in the State have a higher PCI than the country’s PCI (Rs. 1,48,524) in 2021-22 at
current prices.

Fig. 23: Gross District Domestic Product (GDDP) at Current Prices (Rs. Crores)
2021-22 2021-22 2021-22

District District District
(FRE) (FRE) (FRE)
Mulugu 6,240 Warangal Rural 16,365 Mahabubnagar 25,975
Kumuram Bheem 9,599 Vikarabad 16,948 Siddipet 25,998
Narayanpet 10,848 Nagarkurnool 18,203 Suryapet 26,195
Rajanna Siricilla 11,022 Jagtial 18,702 Bhadradri Kothagudem 29,928
Jangaon 11,667 Mancherial 18,850 Nizamabad 32,478
Wanaparthy 11,833 Peddapalli 19,767 Khammam 36,777
Jogulamba Gadwal 11,922 Kamareddy 19,795 Nalgonda 46,158
Jayashankar 11,942 Warangal Urban 20,018 Sangareddy 55,513
Nirmal 14,759 Medak 21,068 Medchal-Malkajgiri 73,132
Adilabad 14,903 Yadadri Bhuvanagiri 22,607 Hyderabad 1,86,225
Mahabubabad 16,280 Karimnagar 23,783 Rangareddy 2,26,957

Fig. 24: Per Capita Income (PCI) at Current Prices (Rupees)
District 2021-22 District

2021-22
District
2021-22
(FRE) (FRE) (FRE)
Vikarabad 1,54,509 Adilabad 1,77,160 Khammam 2,21,804
Warangal Urban 1,56,086 Mulugu 1,77,316 Bhadradri Kothagudem 2,29,951
Kumuram Bheem 1,57,258 Mahabubabad 1,79,222 Medak 2,30,689
Jagtial 1,61,064 Nagarkurnool 1,80,742 Jayashankar 2,34,818
Narayanpet 1,65,384 Jangaon 1,86,278 Mahabubnagar 2,37,274
Jogulamba Gadwal 1,67,207 Mancherial 1,93,516 Nalgonda 2,41,280
Rajanna Siricilla 1,68,302 Warangal Rural 1,94,317 Medchal-Malkajgiri 2,45,232
Kamareddy 1,73,313 Karimnagar 1,98,588 Yadadri Bhuvanagiri 2,47,211
Nizamabad 1,75,361 Suryapet 2,02,467 Sangareddy 3,01,870
Wanaparthy 1,75,445 Peddapalli 2,03,363 Hyderabad 4,02,941
Nirmal 1,77,158 Siddipet 2,19,109 Rangareddy 7,58,102

Telangana Economy @10

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Telangana Economy @10

Uploaded by

Copyright:

Available Formats

Government of Telangana

Directorate of Economics & Statistics

1 Gross State Domestic product 12-17

1.1 Comparison of GSDP of Telangana and GDP of India 12

1.2 The Share of Telangana’s GSDP in India’s GDP at Current Prices 14

2 Per Capita Income Analysis 18-25

2.1 Per Capita Income of Telangana and India 18

2.2 Per Capita Income Growth Rate-Telangana vs. India 21

2.3 Inter Sate comparison of Per Capita Income 23

3 Gross State Value Added (GSVA) 26

4 Sectoral Analysis 27-33

4.1 Sector Growth Rate 28

4.2 Contribution of Agriculture & Allied Sector to GSVA of Telangana in 29

4.3 Contribution of Industrial Sector to GSVA of Telangana in 2022-23 at 31

4.4 Contribution of Tertiary Sector to GSVA of Telangana in 2022-23 at 32

5 Gross District Domestic Product and Per Capita Income 34-36

Situation at the Formation of the State :

Growth after formation of the State

Economic Development of Telangana @Ten 1

Per Capita Income (PCI)

2 Economic Development of Telangana @Ten

1. Agriculture & Allied Sectors

Economic Development of Telangana @Ten 3

4 Economic Development of Telangana @Ten

Under the Rythu Bandhu Scheme:

Under the Rythu Bima Scheme:

Economic Development of Telangana @Ten 5

6 Economic Development of Telangana @Ten

Economic Development of Telangana @Ten 7

• Tourism Department, Government of Telangana won National Tourism Awards in four

State Own Tax Revenue (SOTR)

8 Economic Development of Telangana @Ten

Economic Development of Telangana @Ten 9

10 Economic Development of Telangana @Ten

Per Capita Income

Economic Development of Telangana @Ten 11

Table 1: GSDP /GDP of Telangana and India Growth Rate (%)

Growth after formation of the State

12 Economic Development of Telangana @Ten

Figure 1 : Telangana State GSDP at Current Prices (Rs. Crores)

2022-23 (AE) 12,93,469

Year Year Telangana

b) At Constant (2011-12) Prices

2022-23 (AE) 7,10,610

4.7 4.7 4.7 4.8

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23

1.3 Comparison of the Growth Rate of GSDP of Telangana and GDP of

Economic Development of Telangana @Ten 15

Telangana All india

Table 4: Growth Rate (%)of GSDP /GDP - Telangana and India

16 Economic Development of Telangana @Ten

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23

Telangana All india

2019-20 2020-21 2021-22 2022-23 AAGR

Economic Development of Telangana @Ten 17

2019-20 2020-21 2021-22 2022-23 AAGR

b) At Constant (2011-12) Prices:

Table 7: Annual Growth Rate(%) of Southern States (Constant Prices)

2019-20 2020-21 2021-22 2022-23 AAGR

2. Per Capita Income (PCI)

2.1 Per Capita Income of Telangana and India

18 Economic Development of Telangana @Ten