Goa's state Domestic Product registered an increase in its growth rate from 9.46% in 2008-09 to 13.03% in 2009-10. The growth rate of the state is higher than the corresponding National growth rate of 7.9%.The annual growth rate of per capita net state domestic product at constant prices of 8.82% achieved by the state in 2009-10, is also higher than the All India per capita net national; product growth rate of 6.1% for the same year.This information is revealed in the economic survey for the year 2010 to 2011 presented in the state legislative assembly today. The Primary sector registered an increase in its annual growth rate from 3.64% in 2008-09 to 6.49% in 2009-10. Similarly, the secondary sector registered an increase from 5.86% in 2008-09 to 6.57% in 2009-10. The tertiary sector witnessed a phenomenal increase in its annual growth rate from 14.32% in 2008-09 to 20.08% in 2009-10. The Chief Minister Mr. Digambar Kamat who also holds the finance Minister portfolio will present the annual budget of the state for the financial year 2011-12 on Thursday.
News On AIR | March 16, 2011 6:29 PM
Goa’s state Domestic Product records growth