Ninth Five-Year Plan Tamil Nadu 1997-2002 State Planning Commission

Abstract

The extent of Net State Domestic Product, both aggregate and per capita is an important measure of state economic growth. It gives the value addition of the goods and services in the State. It generally reflects levels of well being of the people in the State. Analysis of growth trends over a long period is a good reflection on the economic performance. A review of Tamil Nadu income growth for a period of 34 years from 1960-61 to 1994-95 gives a long term performance trend. Tamil Nadu had a relative share in the National Product of 7.88% in 1960-61. It came down slightly to 7.48% in 1994-95. During 1960- 61 to 1980-81,theNSDP growth in the State was 2.ll%and for the period between 1980-81 and 1994- 95, it was 5.55% and for the entire period of 34 years, the growth per annum was 3.51% as against the All-India average of 3.99%. The States like Maharashtra, Gujarat, Haryana, Punjab, Orissa, Karnataka and Rajasthan had better economic growth rate. Tamil Nadu ranked fourth in its income contribution to the National economy. The share of State’s income in the National economy and its annual growth rate over the periods from 1960-61 to 1994-95 is given in the Enclosure-I. The Table-I gives growth of the Net State Domestic Product of Tamil Nadu at current and constant prices from 1980-81 to 1996-97.