In the period 2004 2005 to 2009 2010, the average gross state domestic product ( GSDP ) growth rate was 13.9 % ( calculated in Indian rupee term ), lower than 15.5 %, the average for all states of the country.
32.
These poor states, despite low absolute incomes, have witnessed high Net State Domestic Product ( NSDP ) growth rates especially Bihar, Chhattisgarh, Odisha and Uttarakhand which had growth rates above 10 per cent per annum during the Tenth Five Year Plan period ( 2002 07 ).
33.
The gross state domestic product ( GSDP ) at current prices for 2011 12 is estimated at 11, 995.48 billion and contributes about 14.4 % of the GDP . The agriculture and allied activities sector contributes 12.9 % to the state's income.
34.
In 2009 10, the tertiary sector of the economy ( service industries ) was the largest contributor to the gross domestic product of the state, contributing 44.8 % of the state domestic product compared to 44 % from the primary sector ( agriculture, forestry, and tourism ) and 11.2 % from the secondary sector ( industrial and manufacturing ).
35.
During the period 1960 90, Gujarat established itself as a leader in various industrial sectors textiles, engineering, chemicals, petrochemicals, drugs & pharmaceuticals, dairy, cement & ceramics, gems & jewellery, etc . Post-liberalization period saw Gujarat's state domestic product ( SDP ) rising at an average growth rate of 14 % per annum in real terms ( from 1994 2002 ).
36.
Out of 25 %, 20 % will continue to be allocated on the principle of The Deviation method ( The per capita state domestic product is calculated by taking an average of per capita state domestic product whose actual data are available, for the latest three years . ) to those states whose per capita income is below the average national per capita income and the rest 5 % will be allocated to all states on the principle of The Distance method ( The distance of per capita income of each state from the state which has the highest per capita income is calculated, then these values are multiplied with the respective value of the population of each state.
37.
Out of 25 %, 20 % will continue to be allocated on the principle of The Deviation method ( The per capita state domestic product is calculated by taking an average of per capita state domestic product whose actual data are available, for the latest three years . ) to those states whose per capita income is below the average national per capita income and the rest 5 % will be allocated to all states on the principle of The Distance method ( The distance of per capita income of each state from the state which has the highest per capita income is calculated, then these values are multiplied with the respective value of the population of each state.
