Business

Gujarat, TN, Karnataka greatest gainers from 1990s reforms: PM-EAC report Economic Condition &amp Policy Headlines

.1 min went through Last Upgraded: Sep 19 2024|12:48 AM IST.The financial liberalisation that began in the 1990s seems to be to have benefited Gujarat, Haryana, Karnataka, Tamil Nadu as well as Delhi the best as their cooperate the nationwide GDP has enhanced substantially in between 1990-91 and also 2023-24, according to an operating paper due to the Economic Advisory Authorities to the Head Of State (EAC-PM).Maharashtra's share in the nationwide GDP dropped coming from 14.6 percent in 1990-91 to 13.3 per-cent in 2023-24. It still sustains the best place among states. Though Tamil Nadu's reveal decreased, from 8.7 per cent in 1960-61 to 7.1 percent in 1990-91, it saw a turnaround, with its own share in the national GDP contacting 8.9 per-cent in 2023-24. Gujarat likewise found a change in its fortunes with its share contacting 8.1 per-cent in 2022-23 coming from 6.4 percent in 1990-91.Bengaluru's rise as a modern technology center saw Karnataka's allotment surge coming from 5.3 per cent in 1990-91 to 8.2 per cent in 2023-24.Very First Posted: Sep 19 2024|12:47 AM IST.