Gross State Domestic Product of Daman and Diu

Gross State Domestic Product of Daman and Diu

Bornali Bhandari, Ajaya Kumar Sahu, R P Katyal, Sudha Chaurasia, Sanchit Singhal and Manan Bhatia
1 March, 2016

NCAER computed the Gross State Domestic Product (GSDP) Daman and Diu for the years 2008-09 to 2012-13. The UT is dominated by registered manufacturing. Its per capita income is approximately five times that of India. However, the growth of the economy had faltered during the period of the study, with slowing growth in manufacturing. Share of  manufacturing in GSDP  has declined from 82.8 per cent in 2008-9 to 77.7 per cent in 2012-13. On the other hand, share of Financing, Insurance, Real Estate & Business Services increased from 4.6 per cent to 10.4 per cent between the two periods.  Agriculture and allied activities have very little presence in the UT with around one per cent share in GSDP.  The UT has showed comparative advantage in the following industries including manufacturing of electric motors, generators, transformers and electricity distribution and control apparatus; manufacture of wiring and wiring devices; spinning, weaving and finishing of textiles; manufacture of wearing apparel, except fur apparel and; manufacture of paper and paper products. With the exception of manufacture of wearing apparel (except fur apparel), labour productivity has fallen over time for all the sectors.

 

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