Question 771

What is the projected Gross State Domestic Product (GSDP) of Assam for the financial year 2025-26 at current prices?

Answer

Rs 7,41,626 crore

Why?

The correct answer is Rs 7,41,626 crore. Key Points The Gross State Domestic Product (GSDP) of Assam for 2025-26 is projected to be Rs 7,41,626 crore at current prices. This projection represents a significant growth of 15% over the revised estimates of the previous financial year 2024-25. GSDP is the sum total of the value of all finished goods and services produced within the geographical boundaries of the state during a given period. The estimate at current prices includes the effect of inflation, reflecting the nominal economic size of the state. This robust growth target highlights the state's focus on expanding its economic base across agriculture, industry, and service sectors. Additional Information Rs 5,70,994 crore: This figure refers to the actual GSDP of Assam recorded during the financial year 2023-24. Rs 6,43,667 crore: This was the Revised Estimate (RE) for Assam's GSDP for the year 2024-25, showing the immediate prior economic standing. Rs 1,46,642 crore: This is the Net Expenditure (excluding debt repayment) estimated for the state in the 2025-26 budget. Constant Prices: Economic growth is often also measured at constant prices (using a base year like 2011-12) to understand real growth by removing the impact of inflation.