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Volume 11 Issue 1
January-2024
eISSN: 2349-5162

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JETIR2401553


Registration ID:
531959

Page Number

f453-f459

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Title

An Analysis of Trends in Gross State Domestic Product of Northeastern States in India

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Abstract

The Gross State Domestic Product is an important parameter that indicates the economic growth and developmental status of a particular state in the country. The Growth of the State Domestic Product contributes in the socio-economic development of the concerned state in particular and the country as a whole in general. The eight numbers of northeastern states are comparatively different from the other Indian states in the context of natural resources, economic activities, geo-graphical locations and socio-economic conditions. The northeastern states of India are comparatively backward in comparison to some states in the country. But, along with the different states of India, the State Domestic Products of northeastern states are also increasing over the years. The growth rates of the Gross State Domestic Product in different northeastern states of India maintain increasing but fluctuating trends in the recent years as found in the study. Moreover, the inter-state analysis represents the variation in the growth rates of Gross State Domestic Product in the states of northeast India over the period under study. Trends in the Gross State Domestic Products have been analysed for the northeastern states based both on the current year prices and constant prices. A comparative analysis between the trends in the nominal and real GDP of different northeastern states has been made in this study. The trend lines of both the growth of both nominal and real Gross State Domestic Products have been fitted. Annual average growth rates of the Gross State Domestic Product at current year prices as well as the constant prices have been estimated. The study is based on the secondary data. Data have been collected from the North Eastern Development and Finance Corporation Ltd (NEDFi) data bank. The study covers the period from 2011-12 to 2020-21.

Key Words

Gross State Domestic Product, Northeastern States, Nominal and Real SDP.

Cite This Article

"An Analysis of Trends in Gross State Domestic Product of Northeastern States in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 1, page no.f453-f459, January-2024, Available :http://www.jetir.org/papers/JETIR2401553.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"An Analysis of Trends in Gross State Domestic Product of Northeastern States in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 1, page no. ppf453-f459, January-2024, Available at : http://www.jetir.org/papers/JETIR2401553.pdf

Publication Details

Published Paper ID: JETIR2401553
Registration ID: 531959
Published In: Volume 11 | Issue 1 | Year January-2024
DOI (Digital Object Identifier):
Page No: f453-f459
Country: Kokrajhar, Assam, India .
Area: Arts
ISSN Number: 2349-5162
Publisher: IJ Publication


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