Examples of GSDP in a sentence
The higher the ratio of these components to total expenditure (and/or GSDP), the better would be the quality of expenditure.
The growth of GSDP of the State is an important indicator of the State’s economy as it indicates the standard of living of the State’s population.
In the state GSDP of manufacturing sector (18.61%) contributed maximum share followed by agriculture (12.99 %), mining (10.63%), construction (9.62%), banking& insurance (9.80%), trade, hotel & restaurants (8.96%), electricity gas and water supply (6.41%), forestry & logging (3.90 %), transport (3.09%), community and personal services (2.54%), fishing (1.03%), communication.
Therefore ratio of capital expenditure to total expenditure as well as to GSDP and proportion of revenue expenditure being spent on running efficiently and effectively the existing social and economic services would determine the quality of expenditure.
The higher the ratio of these components to the total expenditure (and/or GSDP), the better would be the quality of expenditure.
Agriculture and Allied Sectors: Share of Agriculture and Allied sectors in GSDP; Distribution of land holdings; Dependence on Agriculture; Irrigation- Sources of Irrigation; Problems of Dry land Agriculture; Agricultural credit.
Gross State Domestic Product (GSDP) is the value of all the goods and services produced within the boundaries of the State in a given period of time.
The growth of GSDP of the State is an important indicator of the State’s economy as it indicates the standard of living of the people of the State.
The growth of GSDP is an important indicator of standard of living of the State’s population.
It also touches upon the estimates of GSDP of the state and prospects of the economic growth over the medium term.