AP sets 19.5% growth rate for FY'16-7
With Andhra Pradesh progressing visibly in all sectors, the state government under the purview of Chief Minister N. Chandrababu Naidu has set a target of 19.54% as the growth rate for FY2016-17.
While the growth rate in the country stands at 7.6%, AP has achieved a growth rate of 10.99%. The growth rate in the industrial sector stands at 11.13% and in the service sector, at 11.39%.
The state not only bagged the 2nd position in attracting FDI, but also stands at the 6th place in GSDP and 7th place in per capita income.
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