CURRENT AFFAIRS

Detailed explanation-1: -Gujarat’s Gross State Domestic Product (GSDP) at the constant price has increased at compounded annual growth rate (CAGR) of 8.2 per cent.

Detailed explanation-2: -The state reported an 11.43% GSDP growth rate, higher than the country’s 8.7% GDP growth rate during the 2021-22 financial year, a government release said. ANDHRA Pradesh has emerged as the fastest growing state in the country with a double-digit growth rate.

Detailed explanation-3: -GDP Growth Rate in India averaged 1.59 percent from 1996 until 2022, reaching an all time high of 21.40 percent in the third quarter of 2020 and a record low of-23.10 percent in the second quarter of 2020.