TN targets 11 per cent GSDP growth by 2023

24 Mar 2012

1

Aiming to make Tamil Nadu 'number one' state in the country, chief minister J Jayalalithaa today set a target of 11 per cent growth in GSDP by 2023.

Releasing the "Vision Tamil Nadu 2023" document in Chennai, Jayalalithaa said, "over the next 11 years, Tamil Nadu will aim to increase its gross state domestic product) at a growth rate of 11 per cent or more per annum.''

She was speaking at a gathering attended by industrialists and heads of chambers of commerce.

She said the growth rate of 11 per cent was achievable, citing that the state had already clocked an impressive growth rate of 13.95 per cent in 2005-06 and the manufacturing sector registered an all time growth of 15.10 per cent.

"Although this growth momentum decelerated in subsequent years, there is no reason to believe that we cannot reclaim the high growth path", she said.

She hoped the state would have 100 per cent safe sanitation before 2023 and open defecation would be completely eliminated by the time.

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