Mizoram - Economy

Economy

Mizoram is one of the fastest growing economies among the states of India with a per capita income of Rs 50,021. Mizoram had the second highest GSDP growth during the 11th Five Year Plan (2007-2012) in Northeast India at 11 percent exceeding the target of 7.8 percent which is also much higher than the national average of 7.9 percent. During the 10th Five Year Plan (2002-2007), the Gross State Domestic Product (GSDP) was expected to grow at around 5.3 per cent but grew at 5.7 per cent. The biggest contributors to GSDP growth are Agriculture, Public Administration and Construction work. Tertiary sector of service sector continued to have the contribution to the GSDP with its share hovering between 58 per cent and 60 per cent during the past half a decade.

Read more about this topic:  Mizoram

Famous quotes containing the word economy:

    Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.
    Ralph Waldo Emerson (1803–1882)

    War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?”
    Doris Lessing (b. 1919)

    The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.
    Ralph Waldo Emerson (1803–1882)