India’s GDP and economic growth is constantly increasing. India is currently the fifth largest economy in the world. But do you know which state of India is the richest? Today we will tell you which state of India has the most employment and wealth.
which state is the richest
Let us tell you that there are many states in India whose GDP and economic growth is increasing every year. Not only this, these states also make India economically strong. Some states of India are much richer than all other states. These states also have an important role in the economic development of the country.
However, to measure the prosperity of any state of India, it is measured on different parameters. Such as GSDP, per capita income, human development index, poverty level, employment and unemployment level. Let us tell you that GSDP means Gross State Domestic Product. Under this, the services and products given in the state within a certain time are measured, which are responsible for the economic growth of any state.
Maharashtra is the richest state
Let us tell you that Maharashtra tops the list of India’s richest states. Maharashtra is the richest state in India with a GSDP of 400 billion US dollars. The state capital Mumbai is also called the economic capital of the country. It is the third most urbanized state in the country, where 45 percent of the population lives in cities. Not only this, most of the rich people of the country, from film stars to others, live here.
Mumbai, one of the largest metro cities in the country, is known for its finance and business services. The film industry, transport and share market industries established here contribute significantly to India’s economic development. Apart from this, this state is also known for agriculture and industry. Maharashtra is the largest producer of cotton, soybean and sugarcane. Maharashtra state contributes significantly to the country on an economic level.
The poorest state
Let us tell you that Chhattisgarh is the poorest state in the country. The poverty rate here is 37%. Most of the people of this state are poor. Jharkhand is at second place, the poverty rate here is 36.96 percent. After this, there is poverty in Manipur, Arunachal Pradesh and Bihar states too.
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