Economy of Karnataka
The economy of the State of Karnataka is the 3rd largest in India, with a GSDP (Gross State Domestic Product) of $361 billion or $1.6 trillion PPP. It has a developed and diversified economy, and is home to one of the world’s largest and most important technology clusters. With an overall GDP growth of 56.2% and a per capita GDP growth of 43.9% in the last decade, Karnataka surpassed many other states in India, pushing Karnataka's per capita income in Indian Rupee terms to sixth place. Karnataka received US$2,026.4 million worth of Foreign Direct Investment for the fiscal year 2008–09, placing it at the third spot among states in India. At the end of 2004, the unemployment rate of Karnataka was 4.57% compared to a national rate of 5.99%. For the fiscal year 2006–07 the inflation rate of Karnataka was 4.4%, which was less than the national average. Between 2011-12 and 2017-18, the GSDP of the state grew at a Compound Annual Growth Rate (CAGR) of 13.11 per cent to reach ₹ 12.69 trillion...
Read on Wikipedia · Image Ramakrishna.hd, Public domain
Open boosters, collect cards and trade them. Free to play.
Play for free