send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Financial Status of Madhya Pradesh :
The state has an agrarian economy. The major crops of Madhya Pradesh are wheat, soybean, gram, sugarcane, rice, maize, cotton, rapeseed, mustard and arhar. Agriculture continues to remain a major source of employment and livelihood in the state. According to Census 2011, 69.8% of total workers, and 85.6% of the total workers in rural areas are dependent on agriculture for livelihood in the State, as compared to 72.3% in rural India. Thus, significant proportion of rural population is dependent directly or indirectly on this sector. Madhya Pradesh is being honoured “Krishi Karman Award” for the fifth consecutive year from 2011-12 to 2015-16.The state has recorded 18% agriculture growth during the last five years.
Economic growth: The Gross State Domestic Product (GSDP) of Madhya Pradesh increased from 5.4% in 2014-15 to 12.2% in 2016-17. Sectoral growth: Growth in agriculture increased from 3.7% in 2014-15 to 20.4% in 2016-17. Services sector witnessed a decline from 12.5% in 2015-16 to 8.8% in 2016-17. During the same period, manufacturing saw an increase of 0.6%. Per Capita GSDP: Per capita GSDP in 2016-17 was Rs 59,052 crore. It increased from 3.9% in 2014-15 to 10.6% in 2016-17.
Receipts in 2018-19 :
As per economic survey of the state 2017-18, the per capita income has increased to Rs 79,907 in 2017-18 from Rs 73,268 in 2016-17, showing increase of 9.06 per cent in 2017-18 compared to the previous year .
As per the budget estimates of FY 2018-19, the total revenue receipts were estimated at Rs 1,39,115.67 crore which is 10.36% higher than previous year while the total debt on the state till March 31, 2017 was estimated at Rs 92,320.48 crore.
The number of MSME units established in the State has been increasing consistently since 2012-13. In the year 2012-13, there were 19894 registered Micro, Small & Medium Enterprises, which increased to 87071 in the year 2016-17. 363812 employment were made by these enterprises till the year 2016-17.
The state is rich in natural resources. Madhya Pradesh is the sole producer of diamond from Panna. It is also a leading producer of pyrophyllite, copper concentrate, manganese ore, clay and shale. The state is perfectly poised for diversification of agriculture and horticulture crops, strategic promotion of agro-based industries. Due to wildlife tourism and a number of places of historical and religious significance, the tourism industry of the state is growing.
State Government has put in place, favourable developmental policies and is also improving its infrastructure facilities. It is one of the fast growing economies in the country.
By: Pooja Sharda ProfileResourcesReport error
Access to prime resources
New Courses