Economic Analysis of State-wise GSDP and Income Trends

This analytical report by SBI Research examines the shifts in Gross State Domestic Product (GSDP) and per capita income across Indian states before and after the COVID-19 pandemic. It highlights the rise of competitive federalism, the acceleration of income in certain states, and the narrowing of income inequality. The report utilizes statistical analysis, including Spearman’s Rank Correlation Coefficient, to provide insights into economic growth patterns and the emergence of a knowledge economy