An Overview of recent trends in indicators of economics development of Madhya Pradesh

Dr .Mahedeo Pandagre

Gross State Domestic Product,Per Capita Income,Public Finance

Economy of Madhya Pradesh: 72.37% of Madhya Pradesh population lives in rural areas, contributing to the state’s agrarian economy. Approximately 70% of Madhya Pradesh population works in agriculture and related fields. The primary sector makes up 47% of Madhya Pradesh GDP, with the tertiary sector coming in second at 34% and the manufacturing sector at 18%. In terms of GDP per capita income, MP is now ranked 27th, although its growth rate is 10%. Madhya Pradesh economy is the 10th-largest in India, with a gross state domestic product (GSDP) of ₹9.17 trillion (US$110 billion) and has the country's 26th highest per-capita income of ₹ 109372. Madhya Pradesh ranks 23rd among Indian states in human development index.Rich in mineral resources, Madhya Pradesh has the largest reserves of diamond and copper in India. 25.14% of its area is under forest cover. Its tourism industry has seen considerable growth, with the state topping the National Tourism Awards in 2010–11.In recent years, the state's GDP growth has been above the national average. In 2019–20, state's GSDP was recorded at 9.07.

Published Paper   E-Certificate

"An Overview of recent trends in indicators of economics development of Madhya Pradesh", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.9, Issue 6, page no.733 - 739, June-2024, Available :https://ijsdr.org/papers/IJSDR2406083.pdf

Volume 9 Issue 6, June-2024

Pages : 733 - 739

Paper Reg. ID: IJSDR_211793

Published Paper Id: IJSDR2406083

Downloads: 000347117

Research Area: Commerce

Country: Bhopal, Madhya Pradesh, India

Published Paper PDF: https://ijsdr.org/papers/IJSDR2406083

Published Paper URL: https://ijsdr.org/viewpaperforall?paper=IJSDR2406083

ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJSDR(IJ Publication) Janvi Wave

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