Tamil Nadu Achieves Double-Digit Economic Growth, Says CM Stalin

Quick Summary

• tamil Nadu Chief Minister M.K. Stalin announced that the State achieved a double-digit economic growth rate of 11.19% for the financial year 2024-25, according to revised Union government estimates.
• This growth rate is reported to be the highest in India for this period, making Tamil Nadu the only State to achieve double-digit growth in real terms.
• The last instance of Tamil Nadu recording such growth was in 2010-11 during M.Karunanidhi’s tenure as Chief Minister.
• Mr. Stalin credited the “Dravidian model government” for achieving this milestone and expressed confidence about Tamil Nadu’s aspiring target of becoming a one trillion-dollar economy by 2030.

Indian Opinion Analysis
Tamil Nadu’s achievement of a double-digit economic growth rate at 11.19%, as highlighted by Chief Minister M.K. stalin, places it at an remarkable position among Indian states for FY 2024-25, especially when no other state matched this level of performance in real-term GDP growth rates during the same period.

This development underscores effective governance policies aligned with targeted developmental goals under what Mr. Stalin refers to as the “Dravidian model.” Reaching such economic heights signals robust measures around industrial output, investments, infrastructure development, or potentially higher public sector efficiency within Tamil Nadu compared to peers.

However, whether these figures sustain over time remains key – particularly if Tamil Nadu aims for its ambitious goal of becoming a one trillion-dollar economy by 2030 – requiring consistent planning across various sectors like technology advancements alongside scaling comparative competitiveness vis regional parts facing paralleling upwards benchmarks zones proactive models align effable! Read More:-