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Gujarat, TN, Karnataka largest gainers from 1990s reforms: PM-EAC file Economy &amp Policy News

.1 min read through Last Improved: Sep 19 2024|12:48 AM IST.The financial liberalisation that started in the 1990s appears to have helped Gujarat, Haryana, Karnataka, Tamil Nadu and Delhi the most as their share in the nationwide GDP has increased significantly between 1990-91 as well as 2023-24, depending on to a functioning paper by the Economic Advisory Council to the Head Of State (EAC-PM).Maharashtra's share in the national GDP fell coming from 14.6 per-cent in 1990-91 to 13.3 percent in 2023-24. It still maintains the best area one of conditions. Though Tamil Nadu's share dropped, from 8.7 per cent in 1960-61 to 7.1 percent in 1990-91, it saw a turnaround, with its own share in the nationwide GDP touching 8.9 per-cent in 2023-24. Gujarat additionally viewed a reversal in its own fortunes along with its own share touching 8.1 percent in 2022-23 from 6.4 per-cent in 1990-91.Bengaluru's rise as a technology hub saw Karnataka's reveal rise coming from 5.3 percent in 1990-91 to 8.2 per-cent in 2023-24.1st Published: Sep 19 2024|12:47 AM IST.