As the income from trade, industries, and agriculture in Chhattisgarh is steadily increasing, leading to higher earnings and an improved standard of living for the people, the state’s economic growth rate is estimated to be 7.51 per cent this year, state government data stated.
According to the Economic Survey 2024-25 presented by the state government, the total economic output of Chhattisgarh, measured by Gross State Domestic Product (GSDP), is expected to see significant growth this year.
Last year, the state’s GSDP was Rs 3,06,712 crore, and it is projected to reach Rs 3,29,752 crore this year. This indicates a continuous rise in new industries, factories, and business opportunities across the state.
Chhattisgarh’s economy stands on three major pillars, including agriculture, industry, and services – all of which are expected to perform exceptionally well.
Agriculture plays a crucial role in Chhattisgarh’s economy. This year, the agriculture, animal husbandry, and forestry sector is expected to grow by 5.38 per cent. In 2023-24, this sector was valued at Rs 48,987 crore, and this year, it is projected to reach Rs 51,621 crore.
The services sector is expected to grow by 8.54 per cent, reaching a value of Rs 1,08,461 crore. With the expansion of tourism and digital services, this sector holds even greater potential for future growth.
This highlights that the state’s rapid economic progress proves that the state is developing at an impressive pace. If this momentum continues, Chhattisgarh could soon be among the fastest-growing states in India.
