Economy of West Bengal
| Statistics | |
|---|---|
| GDP | Nominal ₹1,354,518 crore (US$180 billion) 2020-21 |
| GDP rank | 6th |
| GDP growth | 8% (2020–21) |
| GDP per capita | ₹115,348 (US$1,500) (2020–21) |
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Is West Bengal a rich state?
In fact, it was among the three richest states – the other two being Maharashtra and Gujarat. By the early 1980s its per capita income was just about equal to the national average. In the early 1990s, when the country was poised to move to a higher growth trajectory, the rank of West Bengal had fallen to seven.
What is the GDP of Kolkata?
$60.447 billion
Kolkata is the third largest economy in India after Mumbai and Delhi. Kolkata, with a GDP (PPP) of $60.447 billion is home to India’s oldest, stock exchange company (bourse) – The Calcutta Stock Exchange.
Which state is highest GDP in India?
Maharashtra
List
| Rank | State/Union Territory | Nominal GDP ₹ lakh crore = INR trillions; USD billions |
|---|---|---|
| 1 | Maharashtra | ₹26.61 lakh crore (US$370 billion) |
| 2 | Tamil Nadu | ₹20.92 lakh crore (US$297 billion) |
| 3 | Uttar Pradesh | ₹17.05 lakh crore (US$240 billion) |
| 4 | Gujarat | ₹16.48 lakh crore (US$230 billion) |
Is West Bengal richer than Bangladesh?
According to the data from the International Monetary Fund (IMF), Bangladesh’s per capita GDP was $1,905 in 2019, against West Bengal’s $1,566 in 2018-19 (FY19) — economically the most developed state in eastern India.
Is WB a poor state?
Based on the above criteria, in West Bengal, 185 people are poor in every one lakh population. In comparison, 102 people in Gujarat in every one lakh population are poor, as of 2011-12 (based on MRP Consumption).
Why is West Bengal so rich?
West Bengal is the primary business and financial hub of Eastern India. The state primarily dependent on agriculture and medium-sized industry. West Bengal have Jute industry, Tea industry. West Bengal is rich in minerals like coal.
Economy of West Bengal.
| Statistics | |
|---|---|
| Expenses | ₹308,727 crore (US$41 billion) (2021–2022) |
What is the GDP of Goa?
At current prices, Goa’s Gross State Domestic Product (GSDP) was Rs. 815.02 billion (US$ 11.14 billion) in 2020-21.
What is the GDP of Mumbai?
The Financial Capital of India, Mumbai, tops the list with an estimated GDP of $310 billion. The city of rich historical, cultural, political and social significance, New Delhi, ranks second on this list with a GDP of $293.6 billion.
What is the GDP of Gujarat?
Economy of Gujarat
| Statistics | |
|---|---|
| GDP | ₹16.49 lakh crore (US$220 billion) (2020–21) |
| GDP rank | 5th |
| GDP growth | 9.3% (2019–20) |
| GDP per capita | ₹243,761 (US$3,200) (2019–20) |
What is the GDP of Punjab?
Economy of Punjab, India
| Statistics | |
|---|---|
| GDP | ₹5.29 lakh crore (US$70 billion) (2020–21) |
| GDP rank | 16th |
| GDP growth | -2.8% (2019–20) |
| GDP per capita | US$2,090 (2020–21) |
Why Tamil Nadu GDP is high?
Tamil Nadu – India’s Economic Powerhouse. Tamil Nadu strong Social and educational Infrastructure.
Economy of Tamil Nadu.
| Statistics | |
|---|---|
| GDP by sector | Agriculture: 13% Industry: 34% Services: 53% (2017–18) |
| Population below poverty line | 11.28% in poverty (2017–18) |
| Human Development Index | 0.709 high (2019) (11th) |
| Unemployment | 1.1% (Nov 2020) |
Which is richest city in India?
Mumbai
1. Mumbai – City Of Dreams. With an estimated GDP of $310 billion, Mumbai ranks number one in the list of the richest cities in India.
Is Dhaka bigger than Kolkata?
Kolkata has a population of nearly 14 million people (metro population is 4.5 million) while Dhaka has 14 million (with metro population of 7 million). However the spread of urban Dhaka is way smaller than that of Kolkata at present.Many Bangladeshis go to Kolkata for better treatment.
What is India’s GDP in 2021?
$3.049 trillion
Economy of India
| Statistics | |
|---|---|
| Population | 1,40,00,00,000 (2021 est.) |
| GDP | $3.049 trillion (nominal; 2021 est.) $10.21 trillion (PPP; 2021 est.) |
| GDP rank | 6th (nominal; 2021) 3rd (PPP; 2021) |
| GDP growth | 8.4% (Q2 21/22e) (National Statistical Office) −7.3% (20/21e) 9.5% (21/22f) (WB) |
Is India rich than Pakistan?
As of 2020, With $2,709 bn, India’s GDP is around ten times higher than Pakistan’s gdp of $263 bn.Both countries have been neck-to-neck in gdp per capita terms. From 1960 to 2006, India was richer than Pakistan for only five years. GDP per capita of Pakistan was 1.54x of India in 1970.
Why was Bengal so rich?
Mughal era (1576–1757)
The Bengal Subah province in the Mughal Empire was the wealthiest state in the subcontinent. Bengal’s trade and wealth impressed the Mughals so much that it was described as the Paradise of the Nations by the Mughal Emperors.
Which is poorest city in India?
List Of Top Indian Cities Living In Slums:
- Dharavi Slum Mumbai.
- Bhalswa Slum Delhi.
- Nochikuppam Slum Chennai.
- Basanti Slum Kolkata.
- Rajendra Nagar Slum Bangalore.
- Indiramma Nagar Hyderabad.
- Saroj Nagar Slum Nagpur.
- Mehbullahpur Slum Lucknow.
Is West Bengal developed?
West Bengal also has the 28th-highest ranking among Indian states in human development index, with the index value being less than that of India. The state government debt of ₹4.0 lakh crore (US$53 billion), or 32.6% of GSDP, is fifth highest India, but has dropped from 40.65% since 2010–11.
Why is Kolkata so poor?
This extreme form of poverty in Kolkata stems from several factors.The partition of Bengal in 1947 left raw material suppliers of commodities like Jute in East Bengal (now Bangladesh) and the mills in West Bengal, particularly around Kolkata which was then a flourishing port.
Is Bengali a rich country?
In short, Bengal is not the richest (financially) of Indian states; but it is certainly not the poorest.
