Per capita income is expected to be Rs 91, 772 in current fiscal

Economic Survey for the year 2016-17, Advance estimate for 2016-17 and Quick estimates for 2015-16 of Gross State Domestic Product

Raipur, 03 March 2017. Chief Minister Dr. Raman Singh today unveiled the “Economic Survey 2016-17” . Earlier, Planning, Economic and Statistics Department Minister Mr. Punnulal Mohale placed it on the table of the Assembly.The quick estimated per capita income is placed at Rs 84 thousand 767 for the year 2015-2016. The estimated per capita income for 2016-2017 will be Rs 91 thousand 772, which will be higher by 8.26 per cent than the last year. The Quick estimate of Gross Domestic Product of the state for the year 2015-16 and Advance estimate of GSDP for the year 2016-17 are briefed below:-

Anticipated growth in Gross State Domestic Product 2016-17 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 7.14% over the previous year 2015-16. The growth in 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 expected to be 7.40%, 5.87%, 6.11% and 9.90% respectively, over the previous year. Data shown in following table.

Anticipated growth in Gross State Domestic Product 2016-17 at Current Price

As per advance estimate, the Gross State Domestic Product at current price (market price) is likely to increase to Rs. 290140 crore in the year 2016-17 from Rs.260776 crore as estimated for the year 2015-16 with 11.26% increase compared to the previous year. Gross State Value Added (basic prices) is expected to increase from Rs.246993 crore to Rs.275655 crore. Contribution from Agriculture sector (Agriculture, Livestock, Forestry and Fishing) increase to Rs. 48522 crore from Rs. 43419 crore; from Industry sector (Mining and Quarrying, Construction, Manufacturing and Electricity, Gas & Water supply) it increased to Rs. 127389 crore from Rs. 116589 crore and that from Service sector raised from Rs. 86985 crore to Rs. 99744 crore. Percent increase compared to the previous year are 11.60%, 11.75%, 9.26% and 14.67% respectively.

Quick estimates of Gross State Domestic Product for the year 2015-16 At constant price (base year 2011-12)

On Quick Estimates for the year 2015-16 at constant price, the GSDP (market price) registered a growth of 6.63% over the previous year 2014-15. 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 6.35%, 0.94%, 5.92% and 9.56% respectively in comparison to the previous year.

Per Capita Income:-

The per capita income in 2015-16, as per quick estimate, is Rs. 84767 which is likely to attain the level of Rs. 91722 during 2016-17, percent increase compared to the previous year being 8.26%.

Gross State domestic Product at Constant Price (Base Year 2011-12) of Chhattisgarh

 (In Lakh Rs.)

SECTORS     2011-12      2012-13     2013-14      2014-15 (P)    2015-16 (Q)     2016-17 (A)
AGRICULTURE    2685950 2850360 2930967 3010401 3038667 3217003
INDUSTRY 7016612 7326445 8468830 9197511 9741709 10337106
SERVICE SECTOR 5140420 5375988 5820607 6300299 6902740 7586174
GSVA (BASIC PRICE) 14842982 15552792 17220404 18508211 19683116 21140283
GSDP  (MARKET PRICES) 15807382 16593650 18222898 19602301 20901173 22393201

 

Gross State domestic Product at Current Price of Chhattisgarh

 (In Lakh Rs.)

SECTORS 2011-12 2012-13 2013-14 2014-15 (P) 2015-16 (Q) 2016-17 (A)
AGRICULTURE 2685950 3180908 3589934 3948847 4341869 4852218
INDUSTRY 7016612 7632393 9266257 10690856 11658854 12738892
SERVICE SECTOR 5140420 5800031 6672218 7588778 8698541 9974377
GSVA (BASIC PRICE) 14842982 16613332 19528409 22228481 24699264 27565487
GSDP  (MARKET PRICES) 15807382 17751132 20669016 23498180 26077565 29013970

Note:- P = provisional estimates, Q= Quick estimates , A= Advance estimates

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