{"id":8266,"date":"2024-06-14T03:32:41","date_gmt":"2024-06-14T03:32:41","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=8266"},"modified":"2024-06-14T03:32:41","modified_gmt":"2024-06-14T03:32:41","slug":"andhra-pradesh-cm-ys-jagan-mohan-reddy-releases-socio-economic-survey-of-2022-23","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/andhra-pradesh-cm-ys-jagan-mohan-reddy-releases-socio-economic-survey-of-2022-23\/","title":{"rendered":"Andhra Pradesh CM YS Jagan Mohan Reddy releases socio-economic survey of 2022-23"},"content":{"rendered":"

In a remarkable turnaround,Andhra Pradeshhas posted a stunning 16.22% Growth<\/a> rate during 2022-23. The state planning department estimated that GSDP for the year 2022-23 (advanced estimates) is estimated at Rs 13,17,728 crore as against Rs 11,33,837 crore for the 2021-22 final revised estimates (FRE). This accounts to net addition of Rs 1,83,891 crore to the state economy<\/a>.<\/p>\n

Chief minister YS Jagan Mohan Reddy released the socio-economic survey (SES) readied by the planning department of the state for 2022-23 on Wednesday. The SES stated that AP posted a growth of 16.22% over the previous year based on the advanced estimates.
According to the SES, Gross Value Addition (GVA) in Agriculture<\/a>-notes-for-state-psc-exams”>Agriculture<\/a> and allied sectors reported a decent 13.18% growth while agriculture sector alone reported 20.72 percent growth while sector achieved 12.58% growth rate. Similarly, the Livestock<\/a> sector reported 7.32% growth rate while Fisheries<\/a> reported 19.41% of GVA.
The SES said that the Industry<\/a> sector witnessed a GVA of 16.36% while Mining and quarrying reported 15.81% GVA. It said that the manufacturing sector reported 11.81%. The analysis of the planning department put the GVA of electricity, gas and other sectors at 30.96% and construction sector at 16.94%. It said that the Services<\/a>-sector”>services sector<\/a> achieved a stunning 18.91% GVA while trade and hotels sector reported 28.42%. It said that railways achieved 17.82%. SES said that transport by other means reported a GVA of 21.64% while the real estate sector achieved 13.14%.<\/p>\n

According to the State Economic Survey, the state posted a record growth of 7.02% at constant prices against the country’s growth of 7.0% during 2020-21. Report said that the agriculture and allied sectors reported 4.54% growth rate while agriculture sector alone witnessed the double-digit growth at 10.72% while the horticulture sector reported 3.03% growth rate. The performance was relatively low at constant prices during 2020-21 due to the outbreak of covid-19. It said that the GVA of livestock is around 2.89% while the fisheries sector reported 4.87%. It said that the industry sector too achieved a tremendous GVA of 5.66% during the covid-19 while mining and quarrying reported sizable GVA of 10.81%. Manufacturing sector achieved 4.82% growth while the electricity, gas sectors reported 6.53%. It said that the construction returned with 4.71% growth while the services sector witnessed a massive 10.05% GVA. It said that trade hotels reported a 16.64% growth rate.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a remarkable turnaround,Andhra Pradeshhas posted a stunning 16.22% Growth rate during 2022-23. The state planning department estimated that GSDP for the year 2022-23 (advanced estimates) is estimated at Rs 13,17,728 crore as against Rs 11,33,837 crore for the 2021-22 final revised estimates (FRE). This accounts to net addition of Rs 1,83,891 crore to the … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1096],"tags":[764],"class_list":["post-8266","post","type-post","status-publish","format-standard","hentry","category-andhra-pradesh","tag-11-03-23"],"yoast_head":"\nAndhra Pradesh CM YS Jagan Mohan Reddy releases socio-economic survey of 2022-23 - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/andhra-pradesh-cm-ys-jagan-mohan-reddy-releases-socio-economic-survey-of-2022-23\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Andhra Pradesh CM YS Jagan Mohan Reddy releases socio-economic survey of 2022-23\" \/>\n<meta property=\"og:description\" content=\"In a remarkable turnaround,Andhra Pradeshhas posted a stunning 16.22% Growth rate during 2022-23. The state planning department estimated that GSDP for the year 2022-23 (advanced estimates) is estimated at Rs 13,17,728 crore as against Rs 11,33,837 crore for the 2021-22 final revised estimates (FRE). This accounts to net addition of Rs 1,83,891 crore to the ... 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The state planning department estimated that GSDP for the year 2022-23 (advanced estimates) is estimated at Rs 13,17,728 crore as against Rs 11,33,837 crore for the 2021-22 final revised estimates (FRE). This accounts to net addition of Rs 1,83,891 crore to the ... 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