Economy Of Tamil Nadu
Tamil Nadu has been ranked No 1 by the Economic Freedom Rankings for the States of India It possesses the second largest economy (2011–12) among states in India. Tamil Nadu is also the second most industrialised state next to Maharastra. As of 2010-11 Tamil Nadu had a Per Capita GDP of $ 1,622, the sixth highest in India. States that have out-shined Tamil Nadu are Goa ($ 2,949), Haryana ($ 2,052), Maharashtra ($ 1,855), Sikkim ($ 1,804)).Tamil Nadu ranks third in foreign direct investment approvals (cumulative 1991-2002) of ₹ 225,826 million ($5,000 million), next only to Maharashtra ₹ 366,024 million ($8,100 million)) and Delhi ₹ 303,038 million ($6,700 million). The State's investment constitutes 9.12% of the total FDI in the country. Unlike many other states, the economic resources are quite spread out, rather than concentrated in a small industrialised area.According to the 2001 Census, Tamil Nadu has the highest level of urbanization (43.86%) in India, accounting for 6% of India’s total population and 9.6% of the urban population. Tamil Nadu has a network of about 110 industrial parks and estates offering developed plots with supporting infrastructure. Also, the state government is promoting other industrial parks like Rubber Park, Apparel Parks, Floriculture Park, TICEL Park for Biotechnology, Siruseri IT Park, and Agro Export Zones among others. Tamil Nadu has the largest number of Small and medium enterprises (SMEs) in India. Annual Plan outlays have increased by a record 75% from ₹ 52,000 million ($1,100 million) in 2001-2 to ₹ 91,000 million ($2,000 million) in 2005-6.
Read more about Economy Of Tamil Nadu: Macro-economic Trend, Agriculture, Industry and Manufacturing, Transportation, Services, Revenues of Government, Debt of Government
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“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
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