Has TN Achieved 11.9% Economic Growth? CM Stalin Claims $1 Trillion Target is Achievable!

Synopsis
Key Takeaways
- Tamil Nadu has recorded a 11.9% economic growth.
- The state aims to reach a $1 trillion economy by 2030.
- Highest growth rate in India for the fiscal year.
- Reflects effective governance and policy frameworks.
- Historical achievement, first double-digit growth in over a decade.
Chennai, Aug 6 (NationPress) Tamil Nadu has reached a significant milestone with an economic growth rate of 11.9% in real terms for the fiscal year 2024-25, marking the first instance of double-digit growth in over a decade.
In a celebratory announcement, Chief Minister M.K. Stalin stated that the state's aspiration to become a US$1 trillion economy by 2030 is now within reach.
The remarkable growth statistics were published by the Union Ministry of Statistics and Programme Implementation (MoSPI), positioning Tamil Nadu as the leading state in India for economic performance.
In a post on social media platform X, CM Stalin remarked, “Tamil Nadu’s #DravidianModel Government stands out as the only state in India to achieve double-digit economic growth!”
Reflecting on the ambitious $1 trillion economy goal set earlier, CM Stalin noted the initial skepticism it faced. “When we announced the target of a Trillion Dollar Economy by 2030, many doubted its feasibility. However, with such growth, what once appeared daunting is now attainable,” he stated.
Quoting revised estimates from the Union government, the Chief Minister highlighted that Tamil Nadu has achieved a real GDP growth of 11.9%, exceeding the previously reported 9.69% and securing the highest growth rate in the nation.
Reposting a media article about this achievement, CM Stalin drew a historical comparison, saying, “The last time we experienced double-digit growth was in 2010-11, under the leadership of Kalaignar. Today, the #DravidianModel Government, following the path set by Thalaivar #Kalaignar, has accomplished this again. Both instances were under the leadership of the #DMK Government!”
He concluded his post with a powerful message on governance: “Those who plan with clarity achieve their goals if they act with determination.”
This latest economic performance not only showcases Tamil Nadu's robust policy frameworks and reforms but also reinforces its status as a crucial economic engine in the country. The leadership views this as a strong sign that its long-term economic vision is steadily progressing towards reality.