Tag: Southern states account for 30.6 pc of India’s GDP: EAC-PM paper

A notable development following the economic liberalisation in 1991 is the emergence of southern states, especially Karnataka and Telangana, as economic powerhouses and overall, the southern states together accounted for 30.6 per cent of India’s gross domestic product (GDP) in 2023-24, said a paper by the Economic Advisory Council (EAC) to the Prime Minister released on Tuesday.