AP registers remarkable growth in first quarter!

andhra pradesh double digit growthTruncated Andhra Pradesh may be still battling bifurcation woes, but the state is still not out of race in terms of growth and development. The state had registered impressive growth of 9.7% in the first quarter. This is also higher than the national average which is pegged at 7.1 per cent.

This was revealed by the report released by the state government. The report is titled “First-quarter Assessment for April-June 2015-16 and the Way Forward” and it has sector-wise assessment taking parameters like The report evaluated revenue distribution of districts on parameters like commercial taxes, prohibition and excise, registration and stamps, transport, forest, mines and geology and land revenue..

The Chief Minister Chandrababu Naidu is a very happy man and made tall claim of hitting the double digit growth very soon. Visakhapatnam and Krishna districts were leading, Srikakulam and Vizianagaram have been rated as under-performing districts, this is when the GSDP and Per Capita Income is taken in to account.

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