Tamil Nadu’s one trillion dollar dream: Budget 2026 explained | The Federal

Описание: Tamil Nadu has set an ambitious goal of becoming a $1 trillion economy by 2031. After recording double-digit real growth of over 11% in 2024–25, the state government believes this target is within reach. But how realistic is this projection? Is the growth sustainable? And can Tamil Nadu avoid the dreaded middle-income trap? In this detailed interview with economist Prabhakar Krishnamurthy, we discuss how Tamil Nadu achieved double-digit growth, real versus nominal GDP growth, and whether the $1 trillion target can be achieved within six years. The economist also explains how higher women's workforce participation and improved mobility can further accelerate the state’s growth.

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