LIVELIHOODS & DEVELOPMENT / RESEARCH STUDY

Growth is not the same as recovery.

A revised state-income series gives context, while household wellbeing and local service access need their own evidence.

THE CENTRAL FINDING

The 2024–25 Economic Survey estimates nominal GSDP at ₹50,309 crore and constant-price growth at 10.4%. Neither measure establishes how recovery was distributed.

The revised nominal GSDP series₹ crore · current prices · one publication vintage
2018–19
27,388
2019–20
29,813
2020–21
29,776
2021–22
35,027
2022–23
38,552
2023–24 FRE
43,425
2024–25 PE
50,309

Economic Survey 2024–25, PDF p.55. FRE = first revised; PE = provisional. Nominal growth includes price changes.

01

Two prices, two different questions

The Economic Survey 2024–25 reports GSDP of ₹50,309 crore at current prices for 2024–25, a provisional estimate, against ₹43,425 crore for 2023–24, a first revised estimate. Its reported nominal growth is 15.9%. Current-price growth combines changes in production with changes in prices.

At constant prices the survey estimates ₹25,241 crore in 2024–25, with growth of 10.4%. That series is intended to remove price change using its base-year framework. The nominal and constant-price growth rates answer different questions; neither should be substituted for a household-income survey.

02

Revisions are part of the evidence

The survey’s 2023–24 nominal estimate differs from the GSDP figure in the older 2023–24 CAG fiscal report. These publications were produced at different times and use different estimate vintages. A fiscal ratio calculated from one vintage cannot simply be combined with the denominator from another without reconciliation.

The site retains the source, reference period and estimate status for each figure. An older number is not silently overwritten within a historical audit claim. For a consistent trend, the reader should use the revised series published together in the same statistical release.

03

The structure of output is not the structure of employment

The survey’s current-price GSVA chart assigns 71% to the tertiary sector in 2024–25, compared with 18.5% primary and 10.4% secondary; rounding explains the small difference from 100. Output shares show the composition of measured value added. They do not say that the same shares of people work in each sector.

A large services share can include very different activities. To assess livelihoods, it must be combined with employment, earnings, hours worked, business continuity and sector-specific evidence. A state aggregate can rise while particular locations or occupations remain under strain.

04

Average income has a distribution problem

The survey estimates per capita income at current prices of ₹1,38,535 for 2024–25. Per capita income is an aggregate average, not a median household income or a typical wage. It does not describe the spread of income, household size, wealth, debt or the extra costs faced by displaced families.

The relevant test of recovery therefore extends beyond output: whether people can return to work, reach markets and schools, obtain healthcare and sustain consumption. These conditions need dated observations at an appropriate local scale, not an inference from a statewide average.

05

Services require functioning access

The survey includes historical population and service statistics with different reference years. A 2011 Census literacy measure and a later administrative programme count are not a single current wellbeing dashboard. Old district boundaries also complicate direct comparisons with the present sixteen-district administration.

For education, distinguish enrolment from attendance, retention and learning. For health, distinguish facilities and sanctioned posts from staffing, medicines, referrals and travel access. For water and roads, distinguish installed assets from reliable use. The site’s development chapter supplies the aggregate baseline; verified current local outcomes remain a separate research programme.

PRIMARY EVIDENCE & REPRODUCIBILITY

Read the sources.

  1. Economic Survey Manipur 2024–25 ↗

    PDF pp.55, 57–59; printed pp.45, 47–49; GSDP, GSVA and per capita income

  2. Earlier fiscal estimate vintage ↗

    PDF p.12; 2023–24 audit executive summary

  3. Official Assembly papers laid ↗

    Economic Survey 2024–25 listed as laid on 10 March 2026

Calculations are descriptive. Sources retain their stated reference periods. Related internal pages link to underlying documents and review notes. Corrections and missing fields remain visible in the source register.