Neutral impactEconomy
West Bengal GSDP Grew 9.57% CAGR From 2015-16 To 2024-25: CAG
NDTV Profit 2 hrs ago·25 Jul 2026, 5:22 pm
The Comptroller and Auditor General (CAG) has reported that West Bengal's Gross State Domestic Product (GSDP) grew at a compound annual growth rate (CAGR) of 9.57% from 2015-16 to 2024-25. This growth indicates a significant expansion of the state's economy over the decade. However, the CAG also noted that despite this growth, the state faced revenue shortfalls every year during this period.
The fiscal deficit of the state also increased at a CAGR of 12.83% during the same time frame, which may be a concern for investors and policymakers alike, as it could impact the state's ability to fund its development projects and manage its finances effectively.
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