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₹1.97 Lakh and Rising: Tamil Nadu’s Economic Pulse Outpaces the Nation

Updated: July 23, 2025 09:38

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1. Tamil Nadu Climbs to Second in National Rankings
 
Tamil Nadu has emerged as India’s second-highest state in per capita income for FY 2024–25, clocking ₹1.97 lakh against the national average of ₹1.14 lakh.
 
- Union Minister of State for Finance confirmed the figures in Lok Sabha
 
- The state’s growth rate of 9.69 percent is the highest recorded in the past decade
 
2. Policy Push Behind the Numbers
 
The economic leap is attributed to a series of welfare and development schemes launched since 2021.
 
- Flagship initiatives include Pudhumai Penn, Naan Mudhalvan, and Kalaignar Urimai Thogai Thittam
 
- Free bus rides for women and targeted skill development programs have boosted mobility and employability
 
- Over ₹10.14 lakh crore in investments secured via 895 MoUs
 
- Employment generation crossed 32 lakh new opportunities
 
3. Comparative Growth and Historical Context
 
- Tamil Nadu’s per capita income rose from ₹1.43 lakh in 2020–21 to ₹1.97 lakh in 2024–25
 
- The state recorded an 83.3 percent growth over the past decade, compared to the national average of 57 percent
 
- Previous regime’s growth rate stood at 4.42 percent, while the current administration averages 8.15 percent
 
4. Broader Economic Impact
 
- Tamil Nadu’s balanced growth across services, industry, and infrastructure is drawing national attention
 
- The state’s performance aligns with its ambition to become a $1 trillion economy
 
Sources: New Indian Express, India Today, South First, ThePrint, Business Standard, Janta Se Rishta, Kalaignar Seithigal

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