Highlights of Tamil Nadu Economy

Highlights of Tamil Nadu Economy

·           Growth of SGDP in Tamil Nadu has been among the fastest in India since 2005.

·           Poverty reduction in Tamil Nadu has been faster than that in many other States.

·           Tamil Nadu contains a smaller proportion of India’s poor population.

·           Tamil Nadu is the second largest contributor to India’s GDP.

·           Tamil Nadu ranks 3rd in Human Development Index (source: UNDP-2015)

·           Tamil Nadu ranks 3rd in terms of invested capital (Rs.2.92 lakh crore) and value of total industrial output (Rs.6.19 lakh crore).

·           Tamil Nadu ranks first among the states in terms of number of factories with 17% share and industrial workers (16% share) of the country.

·           Tamil Nadu is placed third in health index as per the NITI AAYOG report.

·           Tamil Nadu has a highest Gross Enrolment Ratio in higher education.

·           Tamil Nadu has the largest number of engineering colleges

·           Tamil Nadu has emerged as a major hub for renewable energy.

·           Tamil Nadu has highest credit Deposit Ratio in commercial and Cooperative banks.

·           has highest ranks first on investment proposals filed by MSMEs.