Volume : 5, Issue : 7, July - 2016

A COMPARATIVE STUDY ON SECTORWISE PERFORMANCE IN TAMILNADU

K. Jayavasuki

Abstract :

<p>&nbsp;The structural composition of the state economy has remained more or less the same over the past few years. Tamil Nadu has been performing well on the economic front with its GSDP at $46.11 billion in 2005-2006 to a growth of $150 billion in 2014-2015. It has been growing at a compound annual growth rate (CAGR) of 9.26 per cent from 1999-2000 onwards. The growth of the state is driven by all the three sectors with primary sector contributing almost 13.7 percent to the total GSDP for the year 2005-2006 to 2014-2015. The contribution of secondary sector to overall GSDP was 29.5 per cent during 10 years of study, out of which success has been mainly in the manufacturing sector. The services sector accounted for 63 per cent in the GSDP during 2005-2006 to 2014-2015. The objective of the present study is to know about the overall performance of Tamil Nadu economy in three sectors and its sub sectors.</p>