Published on: February 1, 2023

Economic survey and Karnataka

Economic survey and Karnataka


Why in news?  Following are the highlights of  Karnataka  provided by economic survey released by central government


Highlights

  • Karnataka ranks second in giving jobs to 18-25 age group while Maharashtra topped according to survey
  • State has 10.8 lakh people engaged in factories and has bagged the fifth place and it was topped by Tamilnadu followed by Gujarat , Maharashtra and Uttar Pradesh
  • Eight states including Karnataka (69), have already achieved the Sustainable Development Goals target to reduce Maternal Mortality Ratio to less than 70 per lakh live births by 2030
  • The survey said Israel-based International Semiconductor Consortium has signed a MOU to invest 22,900 crore in Karnataka to set up Indias first chip-making plant.
  • The overall tele-density in India stood at 84.8%, with wide differences across states. Eight states, including Karnataka had a tele-density of above 100%.
  • The Economic Survey said high inflation in vegetables from April to September 2022 was mainly due to a spike in prices of tomatoes owing to crop damage and due to the unseasonal heavy rains in the major producing states of Karnataka, Tamil Nadu, Andhra Pradesh, and Telangana.