Maharashtra is India’s richest state. Mumbai, the state capital, is also known as the country’s economic hub. Maharashtra’s total GDP is 27.96 lakh crores. It is the country’s third most urbanized state, with 45 percent of the people living in cities. Maharashtra ranks first among India’s wealthiest states.
Which state has the largest gross domestic product?
In the third quarter of 2020, real GDP increased in all 50 states and the District of Columbia. According to the Bureau of Economic Analysis, the United States’ overall real GDP expanded at a rate of 33.4 percent each year. The annual growth rate of real GDP in each state ranged from 19.2 percent in D.C. to 52.2 percent in Nevada. In the second quarter of 2020, real GDP decreased significantly in all 50 states and D.C., ranging from -20.4 percent in D.C. to -42.2 percent in Hawaii and Nevada.
The considerable increases in GDP from Q2 to Q3 indicate ongoing attempts to reopen enterprises and resume economic activity that had been halted due to the COVID-19 outbreak. Healthcare and social assistance, durable goods manufacturing, and lodging and food services were the biggest contributors to the increase in real GDP at the national level. Healthcare and social aid grew at a rate of 75.1 percent nationwide, and was the largest contributor in 26 states.
California ($3,120,386), Texas ($1,772,132), New York ($1,705,127), Florida ($1,111,614), Illinois ($875,671), Pennsylvania ($788,500), Ohio ($683,460), Washington ($632,013), Georgia ($627,667), and New Jersey ($625,659) are the ten states with the highest GDPs (in millions of dollars). California, Texas, New York, and Florida are the four states that contribute more than $1 trillion to the US GDP. With a GDP of $3,120,386,000,000, California has the highest GDP of any state, accounting for nearly 14.7 percent of the country’s overall GDP. With $1,772,132,000,000 in GDP, Texas is in second place, accounting for 8.4% of the country’s total.
Which Indian state is the poorest?
Nov. 26th, New Delhi: According to the NITI Aayog’s Multidimensional Poverty Index, Bihar, Jharkhand, and Uttar Pradesh are the poorest states in India (MPI). According to the MPI, 51.91 percent of Bihar’s population is poor, making it the poorest state in the country.
Which state has the most prosperous economy?
Utah’s economy has been a powerhouse in recent decades, which is why it is ranked first. Utah’s GDP increased by 19.1% in the last five years, the second-highest growth rate among the 50 states during that time period. From roughly $123.47 billion in 2010 to a yearly average of $168.62 billion in 2020 (with 2020 including the pandemic’s most severe impact), Utah’s real GDP increased by more than a third (36.6 percent). Utah’s economy has grown by 82 percent in the last 20 years, from $92.62 billion in annual real GDP in 2000 to over $169 billion in 2020.
Which Indian state is the fifth richest?
India’s economy is rapidly expanding. Its states make a significant contribution to India’s growth. Today, we’ll inform you about India’s top five wealthiest states. So, let’s get started.
Gujarat is India’s sixth richest state. Gujarat is a significant contributor to India’s development. Gujarat’s gross domestic product (GDP) is more than Rs. 8 lakh crores. As a result, it is India’s sixth wealthiest state. Gujarat’s GDP is primarily based on tourism and trade.
Which Indian city is the most developed?
Today, we’ll look at the top ten developed cities in India based on their net gross domestic product. The development of a single nation, state, or city is frequently depicted as the Gross Domestic Product (GDP). The GDP of several urban communities is proposed for this list. We’ve also listed each city’s GDP per capita. The first question to be answered is: what is GDP? Gross Domestic Product (GDP) is a measure of the entire business sector’s estimation of all products and services generated to be provided in a specific time frame in a country state or city. GDP per capita is regarded as a barometer of a country’s, city’s, or state’s standard of living. GDP growth represents how far a country has progressed over a certain period of time. So, after learning a little bit about GDP, we should figure out which cities in India have the highest GDP, which also shows the city’s progress.
Mumbai is India’s economic capital, therefore it’s no surprise that it’s also the country’s most developed metropolis. Mumbai’s GDP (Gross Domestic Product) is 12,12,200 crores rupees, or 209 billion dollars. In terms of developed urban communities, it is ranked 29th in the globe.
Being the capital of Delhi, Delhi is India’s second most developed city, and it is widely expected that many commercial companies will set up shop there. Delhi’s GDP is 167 billion dollars, or 968600 crore rupees. In terms of developed urban communities, it is ranked 37th in the globe.
Kolkata, India’s Old Capital before Independence, was also one of the country’s financial centers. Kolkata’s financial characteristics have changed with the times. It is currently India’s third most developed city, with a GDP of 150 billion dollars (about 870000 crore rupees). It is ranked 42nd in the world among developed urban areas.
Bangalore is India’s IT capital and the country’s fourth most developed metropolis. Most significantly, it is rapidly developing and will soon rise in rank. Its current GDP is 83 billion dollars, or 481400 crore rupees. In terms of developed urban areas, it is ranked 84th in the world.
Hyderabad is another Indian city that is rapidly expanding its IT infrastructure and reaping significant benefits. It has one of the greatest IT fund generation departments in the country. Hyderabad is India’s No. 1 city for ordinary people to live in. It has a GDP of 74 billion dollars, or 429200 crore rupees. It is ranked 84th in the world.
The third city on this list is Chennai, which is also a metropolis in India’s south. Chennai is another fast-growing metropolis in India, with a total GDP of 66 billion dollars (about 382800 crores rupees). According to GDP, Chennai is the 93rd most developed city in the world.
Ahmedabad is one of India’s top ten fastest growing cities. It has recently been designated as a Metro city, and it will soon be ranked as India’s most developed metropolis. Its worth is based on its flexible assets. Ahmedabad’s total GDP is 52 billion dollars, or 301600 crore rupees. It is ranked 105th in the list of the world’s most developed urban communities.
Pune has the advantage of being adjacent to Mumbai, and it also has an appropriate atmosphere that aids in development, in addition to its industry-friendly climate. It will serve as a hub for mid-sized IT firms. Its total GDP is 48 billion dollars, or 278400 crore rupees. It is ranked 108th among the world’s most developed cities.
Surat is another Gujarati metropolis and the world’s most rapidly developing city. Surat is famous for its material commercial operations and diamond cutting firms, which are among the best in the world. Surat’s total GDP is 40 billion dollars, or Rs. 232000 crores. It is ranked 115th in the world’s most developed cities.
Visakhapatnam is one of India’s largest ports, with a considerable export and import market. This aided the city’s development, and it is now India’s ninth most developed metropolis. Visakhapatnam’s GDP is 26 billion dollars, or 150800 crore rupees, putting him 133rd among the world’s most developed cities.
Which Indian city is the poorest?
In 105 developing nations, 1.34 billion people live in multidimensional poverty. According to the 2018 Global Multidimensional Poverty Index, Sub-Saharan Africa and South Asia account for 83 percent (more than 1.1 billion) of the world’s total multidimensional poor people (MPI).
Despite moving 271 million people out of poverty between 2005-06 and 2015-16, India still has the highest number of people living in multidimensional poverty (364 million).
Nigeria (97 million), Ethiopia (86 million), and Bangladesh are the next largest countries (67 million). Nigeria and the Democratic Republic of Congo, for example, are expected to account for more than 40% of the world’s poorest population by 2050.
Almost two-thirds of children in Sub-Saharan Africa are multidimensionally poor.
Worryingly, the region is home to 56% of the world’s seriously impoverished population, with 342 million people living in extreme poverty.
The global MPI, which was created by the UN Development Programme and the Oxford Poverty and Human Development Initiative in 2020, is based on ten key indicators such as nutrition, sanitation, housing, and years of schooling.
According to the index, 46% of all impoverished people (612 million) are deficient in at least half of the indicators. These folks are extremely impoverished, falling well below the MPI poverty line.
Despite the fact that these unclean cooking fuels are harmful, about 90% of the 1.3 billion MPI poor people rely on wood, dung, coal, or charcoal for cooking. Similarly, four out of every five MPI poor individuals do not have access to basic sanitation, such as a composting toilet, a protected pit latrine, or a toilet that flushes to the sewage system.
According to the 2018 Global MPI, children under the age of 18 account for nearly half of the multidimensionally poor (49.9% or 666 million). 40% of the 666 million children living in multidimensional poverty during their childhood are living in severe poverty. “The report notes that “the high prevalence of child poverty is a clarion cry for action.”
In 2015-16, India’s MPI poor were more over 364 million, outnumbering the populations of Germany, France, the United Kingdom, Spain, Portugal, Italy, the Netherlands, and Belgium combined.
In 2015-16, 27.5 percent of India’s population was classified as multidimensionally poor, with 8.6 percent of the population living in extreme poverty. Poor nutrition is the leading cause of multidimensional poverty in practically every state. According to the MPI research, child mortality (3.3%) and a lack of adequate access to clean water (2.8%) are the least contributory factors. There is a concentration of impoverished people when it comes to poverty “There is a distinct split between areas in southern and north-central India.”
Only two of Maharashtra’s, Telangana’s, Andhra Pradesh’s, Karnataka’s, Tamil Nadu’s, and Kerala’s 134 districts have poverty rates exceeding 40%. The situation in central and northwest India, on the other hand, is rather different. 20.8 million people live in the poorest districts of Bihar, and 10.6 million dwell in the worst districts of Uttar Pradesh, out of the 40.4 million people who live in districts where more than 60% of the population is impoverished.
Alirajpur district in Madhya Pradesh has the poorest population in the country, with 76.5 percent of the population living in poverty.
The elimination of all forms of poverty is regarded as a “essential condition for long-term progress” and “the largest global task.” According to the MPI report, it would require appropriate policy analysis, sustained attention from governments and civil society organizations, and creative leadership from donors.
In India, which state has the most educated population?
Literacy is an important socioeconomic element, especially in emerging countries like India. The National Survey of India produced a study on ‘Household Social Consumption: Education in India’ in the 75th round. The report rates states based on the percentage of their population that is literate. Even though India fell short of obtaining 100 percent, it still managed to achieve a total of 77.7%. Kerala had the greatest literacy rate, while Andhra Pradesh had the lowest literacy rate.
In honor of International Literacy Day, we’ve compiled a list of the country’s top ten literate states and union territories: