West Bengal's Economic Struggle: A Lagging NSDP Growth
West Bengal saw a 9.86% growth in its net state domestic product (NSDP) for 2024-25, slightly above last year's 8.94%. However, it lagged behind states like Tamil Nadu, which witnessed a 15.76% rise. The state's growth also trailed behind Bihar and Odisha in the eastern region.
- Country:
- India
West Bengal's economy demonstrated a moderate growth in the 2024-25 fiscal year, with its net state domestic product (NSDP) increasing by 9.86%, according to the latest Economic Survey. This reflects a slight improvement from the previous fiscal year, which recorded an 8.94% growth.
Despite this progress, West Bengal's NSDP growth fell behind major states such as Tamil Nadu, which achieved a 15.76% growth. Uttar Pradesh and Maharashtra also surpassed West Bengal, with growth rates of 12.64% and 11.85%, respectively, during the same period.
In the eastern region, neighboring Bihar and Odisha outpaced West Bengal with NSDP growth rates of 13.07% and 13.04%, respectively, while Jharkhand reported 10.88%. Conversely, West Bengal's growth exceeded that of Punjab and Delhi, marking a complex economic landscape.
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