Tamil Nadu’s first Economic Survey 2024-25 has indicated that the stat….

Tamil Nadu’s first Economic Survey 2024-25 has indicated that the state is expected to maintain a growth rate of above 8 per cent in the year. The Survey, which was prepared by the State Planning Commission with the Finance Department and several other departments, was handed over to Chief Minister M.K. Stalin on Thursday. Chief Minister Stalin had said that Tamil Nadu would become a $1 trillion economy by 2030. To achieve this milestone, Tamil Nadu will need to sustain an annual growth of over 12 per cent driven by industrial development, infrastructure development, and digital transformation, the survey mentioned. The state’s per capita income is significantly above the national average, it said. The survey highlighted that Tamil Tamil Nadu’’ progressive social policies, robust infrastructure facilities, and large skilled labour force have enabled the state to place itself on an elevated economic development trajectory. It also outlined government policies, assesses their effectiveness, and presents growth prospects for 2024-24 and 2025-26.

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