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Amid Covid, Kerala's GSDP expected to witness 13.1% growth in 5 yrs: Governor

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Arif Mohammad Khan on Friday said that State's Gross State Domestic Product (GSDP) is expected to grow at 13.1 percent in the next five years despite the fact that state's economy has been hard-hit by Covid."The last year was an extremely difficult one for the State's economy and the society.

It is estimated that our GSDP would decline by about 3.82 per cent in 2020-21. We expected a sharp recovery in the economic growth to 6.60 per cent in 2021-22," he said addressing the inaugural session of the 15th Kerala Legislative Assembly. "But the second wave of the COVID-19 pandemic can be an impediment to this expectation...

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