Tamil Nadu has clocked a growth rate of 8.09% in 2017-18, staging a recovery from the effects of November 2016 demonetisation and the introduction of Goods and Services Tax (GST) in July 2017.
This has been largely due to the double-digit growth rate of agriculture and allied activities aided by the other two sectors – industry and services.
The farm sector registered 15.1% growth rate followed by industry’s 7.75% and services’ 6.55%.