Bangla’s economy surging ahead

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March 22, 2019

Bangla’s economy surging ahead

Thanks to the tremendous efforts put in by the Trinamool Congress Government, Bangla has become one of the best-performing States with respect to economy.

Primary achievements of the State:

Gross state domestic product (GSDP): From Rs 4.74 crore in May 2011 to Rs 11.55 crore in FY 2019 (as per advanced estimates (AE))

GSDP growth: In terms of GSDP growth (AE), Bangla is no. 1

Industrial Growth: In FY 2018, State’s industrial growth was almost three times that of India’s – 16.29% (AE) against 5.54%

Revenue deposit: Revenue deposit as percentage of GSDP down from 3.75 in FY 2011 to 0.96 in FY 2018

Fiscal deposit: Fiscal deposit as percentage of GSDP down from 4.24 in FY 2011 to 2.83 in FY 2018

Tax revenue: More than 2.5 times increase, from Rs 21,128 crore in FY 2011 to Rs 57,700 crore in FY 2018

From 2011, state plan expenditure of Rs 3.45 lakh crore and capital expenditure of Rs 92,000 crore spent on creating infrastructural assets and social assets

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