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Gujarat, TN, Karnataka biggest gainers from 1990s reforms: PM-EAC record Economic Situation &amp Policy Headlines

.1 min reviewed Last Updated: Sep 19 2024|12:48 AM IST.The financial liberalisation that began in the 1990s appears to have benefited Gujarat, Haryana, Karnataka, Tamil Nadu as well as Delhi one of the most as their cooperate the national GDP has raised dramatically between 1990-91 and 2023-24, according to an operating paper due to the Economic Advisory Council to the Prime Minister (EAC-PM).Maharashtra's share in the national GDP dropped from 14.6 percent in 1990-91 to 13.3 percent in 2023-24. It still sustains the best spot one of states. Though Tamil Nadu's allotment dropped, from 8.7 per cent in 1960-61 to 7.1 per cent in 1990-91, it observed a turn-around, with its own cooperate the nationwide GDP contacting 8.9 per-cent in 2023-24. Gujarat additionally saw a turnaround in its fortunes along with its own allotment touching 8.1 per-cent in 2022-23 from 6.4 per-cent in 1990-91.Bengaluru's increase as a technology hub viewed Karnataka's share increase from 5.3 per cent in 1990-91 to 8.2 per-cent in 2023-24.1st Posted: Sep 19 2024|12:47 AM IST.