Karnataka GSDP Beats National Average

Recent economic data for 2023-24 shows Karnataka's Gross State Domestic Product (GSDP) growth outpacing both the national average and Tamil Nadu. 

Karnataka achieved a GSDP growth rate of 10.2% compared to the national average of 8.2%, highlighting its strong economic performance. Initially projections by the National Stock Exchange (NSE) estimated Karnataka’s growth at only 4%. 

However this was later revised to 13.1% by year-end indicating a major underestimation in earlier forecasts. This significant growth solidifies Karnataka’s position as a key player in India’s economy.