RBI: Two Telugu states are advancing in economic development.. RBI report reveals interesting facts.

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It is known that the economic systems of all states have collapsed in the wake of Corona. But now things are getting better. Economic activities have picked up again as the Corona restrictions are almost lifted. Due to this, the financial systems of the states are in front of Corona..

It is known that the economic systems of all states have collapsed in the wake of Corona. But now things are getting better. Economic activities have picked up again as the Corona restrictions are almost lifted. Due to this, the financial systems of the states are reaching the pre-corona conditions. In this context, Reserve Bank of India has recently published the statistics. RBI has recently released a list called Handbook of Statistics.

According to this list, Andhra Pradesh has been ranked first among the states where economic development is progressing rapidly. For the year 2022, the gross product growth rate of AP state is 11.43 percent. The growth rate of Telangana is also increasing. Telangana is ranked fifth in this list with 10.9 percent. Rajasthan came second with 11 percent, followed by Bihar and Delhi. The last 5 states are Jammu and Kashmir (7.9 percent), Kerala (7.1 percent), Punjab (6.9 percent), Uttarakhand (6.1 percent), and Uttar Pradesh (4.2 percent).

Meanwhile, for the year 2022, the state budget of Telangana has increased by 88 percent. Telangana stands first in this list. West Bengal is in second place with 79 percent of the budget, followed by Odisha (67 percent), Punjab (64 percent), and Uttar Pradesh (53 percent). Among the states that have cut budget allocations, Maharashtra stands first with 3 percent, followed by Haryana (-1 percent), Himachal Pradesh (-2), Jammu and Kashmir (-3), and Bihar (-10).

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