Based on the First Advance Estimates as of January, the survey said the state’s economy, measured in terms of nominal Gross State Domestic Product (GSDP), is estimated to reach about Rs 19.91 lakh crore by the end of 2025-26, compared with Rs 16.32 lakh crore in 2024-25.
At constant prices or real GSDP, the state economy is estimated to grow by 7.62 per cent in 2025-26. In comparison, India’s real GDP is projected to grow by 7.4 per cent during the same period.
The Economic Review highlighted a marked improvement in the state’s fiscal and social indicators since 2010-11. It said the state’s own tax revenue recorded a multi-fold increase between 2010-11 and 2024-25.
The review also noted a consistent rise in capital expenditure since 2011-12, with increased focus on the creation of physical infrastructure such as roads and bridges, as well as social and economic development.