J&K GSDP to grow at 8.49 pc in 2017-18: Survey

JAMMU: Jammu and Kashmir will show a growth of 8.49 per cent in Gross State Domestic Product (GSDP) in the current fiscal, State Economic Survey Report 2017 said.

            The report which was tabled by Minister for Finance Haseeb Drabu in State Legislative Council said GSDP at constant (2011-12) prices for 2017-18 is estimated at Rs 1,09,136.52 crore as against the estimate of Rs 1,00,597.57 crore for 2016-17, indicating growth of 8.49 per cent this fiscal.

            “At the current prices, GSDP for 2017-18 is estimated to be Rs 1,40,886.76 crore as against the estimate of Rs 1,26,230. 91 crore for 2016-17, showing an increase of 11.16 per cent during the year,” the report said. (AGENCIES)