Economic Overview of Tamil Nadu (2023-24)

C. Rangarajan () and K.R. Shanmugam
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C. Rangarajan: Chairman, Professor, Madras School of Economics, chennai

Working Papers from Madras School of Economics,Chennai,India

Abstract: This is a short overview of the Tamil Nadu economy in 2023-24. This covers some of the broad features of the Tamil Nadu economy including trends in growth, sectoral performance, social parameters, climate change issues and growth prospects. Tamil Nadu’s economy is strong on many dimensions. Tamil Nadu’s rate of growth has been higher than India’s overall growth rate between 2005-06 and 2022-23. While all India economy grew at an annual rate of 6.71 percent, Tamil Nadu economy grew at 7.8 percent during this period. This trend needs to be maintained in order to reach a level of 1 trillion-dollar economy as early as possible. Also, Tamil Nadu like India must adapt itself to the far reaching changes in technology that are occurring. Details given in the study may help the readers to gain an understanding of the strengths and challenges of the Tamil Nadu economy

Keywords: Tamil Nadu economy; Growth prospects; Social indicators; Climate change (search for similar items in EconPapers)
JEL-codes: C22 D72 E32 H63 H72 (search for similar items in EconPapers)
Pages: 49 pages
Date: 2024-07
New Economics Papers: this item is included in nep-env
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