Telangana stands at the third place with an... ... Telangana Budget 2023 Live Updates: Harish Rao is presenting budget 2023 -2024 in Assembly

Telangana stands at the third place with an average annual GSDP growth rate of 12.6 per cent from 2015-16 to 2021. The growth of Telangana in all the major sectors and sub sectors is also impressive. For instance, in agriculture and its allied sectors like Fishing and Aquaculture and Animal Husbandry, there has been a growth momentum. From negative growth rates,

Fishing and Aquaculture sub-sector has been registering double digit growth rates. This has been possible because of the numerous irrigation projects taken up by the Government. In the same manner, the sub-sectors in the secondary and services sector like IT, trade, electricity, transport, hotels and others have been recording higher growth rates. With growing consumption and investment levels, GSDP growth in Telangana is poised for higher growthdespite the possibility of recession threatening the growth across the globe.