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Economics · Ch 13 — Telangana Economy

State Income — Structure of Telangana's GSDP

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State Income — Structure of Telangana's GSDP

Gross State Domestic Product (GSDP) measures the total value of goods and services produced within a state in a year, and its sectoral composition — how much comes from the primary, secondary and tertiary sectors — tells us the structure of the economy.

Telangana's economy is strongly services-led. In recent official estimates (2023–24), the sectoral shares of the state's value added were approximately:

SectorBroad activitiesApprox. share of state value added (2023–24)
Tertiary (Services)IT/ITeS, trade, transport, finance, real estate, public servicesLargest share — of the order of two-thirds (~65%)
Secondary (Industry)Manufacturing, construction, mining & quarrying, powerRoughly one-sixth to one-fifth (~18–19%)
Primary (Agriculture & allied)Crops, livestock, forestry, fishingRoughly one-sixth (~16%)

These shares are approximate and change from year to year; they are shown here for the 2023–24 estimates to illustrate the structure, not as fixed permanent values. …

Definition 1Gross State Domestic Product (GSDP)

The total money value of all final goods and services produced within a state during a year; the state-level …

Definition 2Sectoral composition

The share of the primary (agriculture), secondary (industry) and tertiary (services) sectors in a state's total output, showing the s …

Definition 3Low agricultural productivity

A situation in which agriculture employs a large share of the workforce but produces a much smaller share of output, indicating that output per agricultural worker is …