Gujarat's Per Capita Income Surpasses Rs 3 Lakh, State Now Top 5 Economy

• Gujarat's per capita income has exceeded Rs 3 lakh for the first time, reaching Rs 3,00,957.
• The state is now among India's top five largest economies, with a GSDP of Rs 24.62 lakh crore in 2023-24.
• Gujarat recorded an average growth rate of 8.42% between 2012-13 and 2023-24, the highest among major states.
• Its GSDP increased nearly fourfold from Rs 6.16 lakh crore in 2011-12 to Rs 24.62 lakh crore in 2023-24.
• Key sectors like manufacturing, construction, trade, and agriculture contribute significantly to the state's economy.

Why It Matters: Gujarat's economic growth signals increased prosperity and a leading state economy.