Chennai, Feb. 16 -- Tamil Nadu's prospects of achieving its goal of USD 1 trillion economy by 2031 by sustaining the current growth rate and a rise in the value of the dollar against rupee, states the Tamil Nadu Economic Survey 2025-26. The state will also contribute to India becoming a developed nation by 2047, the survey said.
According to the survey, if Tamil Nadu sustains its 2024-25 nominal growth rate of 16 per cent and with an assumption of 2 per cent (medium-term rate) rise in the value of dollar against rupee per annum in the medium term, it can achieve the trillion-dollar milestone by 2031.
"With 3.5 per cent (short-term rate of rise of dollar value), it may be delayed for a year," the surveys said.
The World Bank's per capita ...