Tamil Nadu Finance Minister Thangam Thennarasu, in his recent maiden State Budget speech, referenced the insightful words of Nobel Laureate and distinguished economist Amartya Sen regarding Tamil Nadu's remarkable growth trajectory:
"Tamil Nadu is one of the states which had achieved rapid progress within a relatively short period despite it starting from appalling levels of poverty, deprivation and inequality. Tamil Nadu initiated bold social programmes and has some of the best public services among all Indian States and many of them are accessible to all on a non-discriminatory basis. Tamil Nadu has one of the highest per capita income and lowest poverty rates among all Indian States. This is an important example of the complementarity between economic growth and public support."
In India, only a few states have achieved progress on both the economic and social fronts. Tamil Nadu is one such progressive state that has set an ambitious target to become a $1 trillion economy by 2030. Despite accounting for only 6% of the country's population, Tamil Nadu stands out as a beacon of economic dynamism and growth.
Some key highlights of Tamil Nadu's economic prowess include being India's second-largest economy, with a GSDP of INR 23.64 lakh Crores in FY23. The state's growth is underpinned by a commitment to social inclusivity and regional distribution, reflected in its per capita income, which is 1.75 times that of India's average, and an average urbanization rate of 48%. Tamil Nadu also leads the nation in several aspects, ranking first in the Export Preparedness Index and second in Ease of Doing Business, a significant jump from its 18th rank in 2018. It is the top state in manufacturing and exporting electronics and automobiles.
Diese Geschichte stammt aus der March 05, 2024-Ausgabe von Outlook.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der March 05, 2024-Ausgabe von Outlook.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Trump's White House 'Waapsi'
Donald Trump's victory in the US presidential election may very well mean an end to democracy in the near future
IMT Ghaziabad hosted its Annual Convocation Ceremony for the Class of 2024
Shri Suresh Narayanan, Chairman Managing Director of Nestlé India Limited, congratulated and motivated graduates at IMT Ghaziabad's Convocation 2024
Identity and 'Infiltrators'
The Jharkhand Assembly election has emerged as a high-stakes political contest, with the battle for power intensifying between key players in the state.
Beyond Deadlines
Bibek Debroy could engage with even those who were not aligned with his politics or economics
Portraying Absence
Exhibits at a group art show in Kolkata examine existence in the absence
Of Rivers, Jungles and Mountains
In Adivasi poetry, everything breathes, everything is alive and nothing is inferior to humans
Hemant Versus Himanta
Himanta Biswa Sarma brings his hate bandwagon to Jharkhand to rattle Hemant Soren’s tribal identity politics
A Smouldering Wasteland
As Jharkhand goes to the polls, people living in and around Jharia coalfield have just one request for the administration—a life free from smoke, fear and danger for their children
Search for a Narrative
By demanding a separate Sarna Code for the tribals, Hemant Soren has offered the larger issue of tribal identity before the voters
The Historic Bonhomie
While the BJP Is trying to invoke the trope of Bangladeshi infiltrators”, the ground reality paints a different picture pertaining to the historical significance of Muslim-Adivasi camaraderie
