The Economic Survey presented in the Chhattisgarh Assembly on Tuesday puts advance estimates of per capita income in 2015-16 in the State at Rs 81,756.
The per capita income in 2013-14 in Chhattisgarh was Rs 66,438 which increased to Rs 73,758 in 2014-15 (quick estimate), it informed.
The Economic Survey was presented by State Planning and Finance Minister Punnulal Mohle on the table of the House.
The State Economic Survey of the Gross State Domestic Output 2014-2015 was tabled and the Budget Estimates for 2015-2016 were also presented.
The Quick estimate of Gross Domestic Product of the State for the year 2014-15 and Advance estimate of GSDP for the year 2015-16 show anticipated growth in Gross State Domestic Product 2015-16 at Constant Price (base year 2011-12).
As per advance estimate, the Gross State Domestic Product (market price) at constant price is likely to grow at 7.07% over the previous year 2014-15. The Growth in Agriculture sector (Agriculture, livestock, Forestry and Fishing), Industry sector (Mining and Quarrying, Construction, Manufacturing and Electricity, Gas & Water supply) and Service sector are expected to be 0.47%, 7.07% and 9.81% respectively, over the previous year.
As per advance estimate, the Gross State Domestic Product at current price (market price) is likely to increase to Rs 2,51,447 crore in the year 2015-16 from Rs 2,22,990 crore as estimated for the year 2014-15.
In the period, Gross State Value Added (basic prices) is expected to increase from Rs 2,10,813 crore to Rs 2,34,793 crore, Agriculture sector (Agriculture, livestock, Forestry and Fishing) Rs 42,652 crore to Rs 47,778 crore, Industry sector (Mining and Quarrying, Construction, Manufacturing and Electricity, Gas & Water supply) from Rs 90,828 crore to Rs 98,625 crore and Service sector from Rs 77,332 crore to Rs 88,390 crore Percent increase compared to the previous year, respectively 12.76%, 11.38%, 12.02%, 8.58% & 14.30%.
The GSDP (market price) registered a growth of 7.85% over the previous year 2013-14. Gross State Value Added (basic prices), Agriculture sector (Agriculture, livestock, Forestry and Fishing), Industry sector (Mining and Quarrying, Construction, Manufacturing and Electricity, Gas & Water supply) and Service sector are estimated to grow at the rate of 7.82%, 9.53%, 7.20% and 7.76% respectively in comparison to the previous year.