Andhra Pradesh has “recuperated completely” from the effect of Covid-19, prompting 18.47 percent expansion in the Gross State Domestic Product (GSDP), the Socio-Economic Survey said.
The SES 2021-22 was presented to the state Legislature on Friday.
“The state economy has recuperated completely from the antagonistic effect of Covid. The GSDP at current costs contacted Rs 12,01,736 crore according to the development gauges for the 2021-22 monetary year. The economy showed an extraordinary rebound,” the SES said.
In 2020-21, the GSDP was Rs 10,14,374 crore.
At constant prices (2011-12), the GSDP grew at 11.43 per cent to Rs 6,70,321 crore.