The Gross State Domestic Product (GSDP) of the State is continuously growing. As per new series i.e. 2004-2005, it has grown from Rs. 27004.63 crore to Rs. 47709.31 crore during the period from 2004-2005 to 2010-2011 at current prices, registering an increase of 76.67%. At constant (2004-2005) prices, the GSDP has risen from Rs. 27004.63 crore to Rs.37886.92 crore during the same period registering an increase of 40.30%.
The working force in J&K constitutes 37.01% of total population against the corresponding rate of 39.10% in the country. The State is neck to neck in respect of work force with national rate.
Contribution of Primary Sector (Agriculture & allied activities) to the State economy at constant (2004-2005) prices as per advance estimated for 2009-10 has been 22.63%. The relative share of this sector to GDP at national level for the year 2009-10 has been 16.99%.
Contribution of Secondary sector to State GDP as per advance estimates for 2009-2010 was 29.55% against 25.84% at the national level for the same year.
Contribution of Tertiary Sector to State GDP as per advance estimates for 2009-2010 was 47.82% against 57.17% at the national level for the year 2009-2010.
The Per capita GSDP at constant (2004-2005) prices as per preliminary estimates for the year 2010-2011 was Rs.32496 registering an increase of 5.21% over per capita GSDP of Rs. 30886 for 2009-2010. The relative per capita income figures for
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