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In 2012–13, the Gross State Domestic Product (GSDP) of residual state of Andhra Pradesh post bifurcation at constant prices stood at ₹ 2,359.3 billion (US$27 billion) and the Gross State Domestic Product at current prices for the same fiscal year stood at ₹ 4,193.91 billion (US$48 billion).
Andhra Pradesh: Karnataka: Kerala: Tamil Nadu: Telangana: Southern states of India: All India: Per Capita Income By States (PCI) (2019–20) $2,409 $3,082 $3,040 $3,200 $3,049 -- $1,884.98 Gross State Domestic Product (2019–20) ₹10.80 lakh crore (US$150 billion) ₹15.88 lakh crore (US$220 billion) ₹8.75 lakh crore (US$140 billion) 20.54 ...
Till March 2011, the microfinance industry flourished in united Andhra Pradesh with a share of 65% of pan India gross loans. Due to state regulation enacted in 2010, the loan portfolio shrank to 0.8% in Andhra Pradesh as of 31 March 2023. With the court deciding against state regulation, the industry is likely to pick up again. [291]
The present form of Andhra Pradesh is the same as that of Andhra State, except for Bhadrachalam town, which continues in Telangana. [81] A number of petitions questioning the validity of the Andhra Pradesh Reorganisation Act have been pending before the Supreme Court constitutional bench since April 2014. [82]
The remaining 235 acres (and an additional 15 acres (61,000 m 2) of unusable land) were allotted as a 66-year lease with a 2% share of the Golf course revenues. EMAAR sold this project to EMAAR-MGF and diluted the value of APIIC's stake from 26% to 4%, by not considering the prevailing market rate for the land in 2009. [3]
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The government reforms in power sector led to the formation of APGENCO on 28 December 1998 and commenced operations from 1 February 1999. [2] The imbalance of the revenues against the cost of production, no significant reduction in technical losses and energy thefts, high cost purchases from IPP's, other SEB's gradually worsened the financial position of APSEB.
UP Stock Exchange (UPSE) is a Kanpur-based stock exchange. [1] It occupied a prominent place among the Stock Exchanges in India. The Exchange was inaugurated on 27 August 1982 by the then Finance Minister Pranab Mukherjee.