3 months ago
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The agriculture and manufacture sectors recorded maturation implicit the erstwhile twelvemonth portion the services assemblage reported a marginal diminution adjacent arsenic Karnataka’s Gross State Domestic Product (GSDP) is expected to turn astatine 8.10% against India’s Gross Domestic Product (GDP) maturation of 7.4%. Karnataka’s per capita income astatine ₹4.33 lakh is 97% higher than the each India mean of ₹2.19 lakh.
Good monsoon during this twelvemonth and anticipated maturation of nutrient accumulation has contributed to the agriculture sector’s maturation by 9.1% compared to 7.0 % successful 2024-2025, said the Economic Survey of Karnataka 2025-2026, released present connected Friday. The per capita income successful Karnataka has registered a maturation of 12.2% implicit 3.86 lakh successful 2024-2025.
While Bengaluru Urban has the highest per capita income astatine ₹8.55 lakh, Kalaburagi has the lowest with ₹1.44 lakh.
The manufacturing (7%) and energy (7.5%) contributed chiefly to the concern sector’s maturation by 6.7% successful 2025–26 compared to the sector’s maturation of 4.1% successful 2024–25. However, the services assemblage is expected to turn by 8.1% successful 2025–26 compared to 8.4% successful 2024–25. The survey noted that maturation successful work assemblage is chiefly owed to enlargement of IT related services, edifice and restaurants, nationalist medication and different services.
The survey noted that betwixt 2024–25 and 2025–26, the stock of agriculture and manufacture successful Karnataka’s GSDP declined marginally with publication of agriculture decreased from 11.02% to 10.77% and publication of manufacture declined from 19.82% to 19.36%. The services sector, the largest contributor to the GSDP recorded a flimsy summation from 69.16% to 69.87% during the aforesaid period.
