Business

Gujarat, TN, Karnataka largest gainers coming from 1990s reforms: PM-EAC document Economic Condition &amp Policy Information

.1 min checked out Final Updated: Sep 19 2024|12:48 AM IST.The financial liberalisation that started in the 1990s appears to have profited Gujarat, Haryana, Karnataka, Tamil Nadu and also Delhi the most as their cooperate the national GDP has enhanced substantially in between 1990-91 and 2023-24, according to a functioning paper by the Economic Advisory Authorities to the Prime Minister (EAC-PM).Maharashtra's share in the national GDP fell coming from 14.6 per cent in 1990-91 to 13.3 per-cent in 2023-24. It still preserves the leading location among states. Though Tamil Nadu's portion declined, from 8.7 percent in 1960-61 to 7.1 percent in 1990-91, it found a turnaround, with its cooperate the national GDP touching 8.9 percent in 2023-24. Gujarat additionally found a turnaround in its fortunes along with its own reveal touching 8.1 per-cent in 2022-23 coming from 6.4 per-cent in 1990-91.Bengaluru's rise as an innovation center saw Karnataka's share increase from 5.3 per-cent in 1990-91 to 8.2 per-cent in 2023-24.First Published: Sep 19 2024|12:47 AM IST.