Ranchi, Feb. 27 -- Rapidly recovering from the effects of Covid-19 and the nationwide lockdown of the year 2020-21, the economy of Jharkhand is now in a stable condition. The GSDP of the state has grown at an average annual rate of 8.8 per cent during the last three years, ie, between 2020-21 and 2022-23. However, it is estimated to grow by 7.1 per cent in the current financial year (2023-24) and by 7.7 in the next financial year (2024-25), said the Jharkhand Economic Survey tabled in the State Legislative Assembly here on Monday.

As per the survey report the GSDP of Jharkhand, which was about Rs. 1,50,918 crores in the year 2011-12, the base year of the current series of national accounts statistics, grew to become Rs. 2,29,274 crores at ...