Economy Of Karnataka
   HOME



picture info

Economy Of Karnataka
Karnataka is one of the highest economic growth states in India with an expected GSDP (Gross State Domestic Product) growth of 9.5% in the 2021–22 fiscal year. The total expected GSDP of Karnataka in 2022–2023 is about $240 billion. Karnataka recorded one of the highest growth rates in terms of GDP and per capita GDP in the last decade compared to other Indian states. In 2008–09, the tertiary sector contributed the most to GSDP (US$31.6 billion─55 percent), followed by the secondary sector ($17 billion─29 percent), and the primary sector (US$9.5 billion─16 percent). With an overall GDP growth of 56.2% and a per capita GDP growth of 43.9% in the last decade, Karnataka surpassed many other states in India, pushing Karnataka's per capita income in Indian Rupee terms to sixth place. Karnataka received US$2,026.4 million worth of Foreign Direct Investment for the fiscal year 2008–09, placing it at the third spot among states in India. At the end of 2004, the unempl ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Bengaluru
Bengaluru, also known as Bangalore (List of renamed places in India#Karnataka, its official name until 1 November 2014), is the Capital city, capital and largest city of the southern States and union territories of India, Indian state of Karnataka. As per the 2011 Census of India, 2011 census, the city had a population of 8.4 million, making it the List of cities in India by population, third most populous city in India and the most populous in South India. The Bengaluru metropolitan area had a population of around 8.5 million, making it the List of million-plus urban agglomerations in India, fifth most populous urban agglomeration in the country. It is located near the center of the Deccan Plateau, at a height of above sea level. The city is known as India's "Garden City", due to its parks and greenery. Archaeological artifacts indicate that the human settlement in the region happened as early as 4000 Common Era, BCE. The first mention of the name "Bengalooru" is from an ol ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Foreign Direct Investment
A foreign direct investment (FDI) is an ownership stake in a company, made by a foreign investor, company, or government from another country. More specifically, it describes a controlling ownership an asset in one country by an entity based in another country. The magnitude and extent of control, therefore, distinguishes it from a foreign portfolio investment or foreign indirect investment. Foreign direct investment includes expanding operations or purchasing a company in the target country. Definitions Broadly, foreign direct investment includes mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans. In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital as ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Chili Pepper
Chili peppers, also spelled chile or chilli ( ), are varieties of fruit#Berries, berry-fruit plants from the genus ''Capsicum'', which are members of the nightshade family Solanaceae, cultivated for their pungency. They are used as a spice to add pungency (spicy heat) in many cuisines. Capsaicin and the related Capsaicin#Capsaicinoids, capsaicinoids give chili peppers their intensity when ingested or topical application, applied topically. Chili peppers exhibit a range of heat and flavors. This diversity is the reason behind the availability of different types of chili powder, each offering its own taste and heat level. Chili peppers originated in Central or South America and were first cultivated in Mexico. European explorers brought chili peppers back to the Old World in the late 16th century as part of the Columbian Exchange, which led to the cultivation of List of Capsicum cultivars, multiple varieties across the world for food and traditional medicine. Five ''Capsicum'' sp ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Cardamom
Cardamom (), sometimes cardamon or cardamum, is a spice made from the seeds of several plants in the genus (biology), genera ''Elettaria'' and ''Amomum'' in the family Zingiberaceae. Both genera are native to the Indian subcontinent and Indonesia. They are recognized by their small seed pods: triangular in cross-section and spindle-shaped, with a thin, papery outer shell and small, black seeds; ''Elettaria'' pods are light green and smaller, while ''Amomum'' pods are larger and dark brown. Species used for cardamom are native throughout tropical and subtropical Asia. The first references to cardamom are found in Sumer, and in Ayurveda. In the 21st century, it is cultivated mainly in India, Indonesia, and Guatemala. Etymology The word ''cardamom'' is derived from the Latin , as a Latinisation (literature), Latinisation of the Greek language, Greek (), a compound of (, "Garden cress, cress") and (), of unknown origin. The earliest attested form of the word signifying "cres ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Arecanut
The areca nut ( or ) or betel nut () is the fruit of the areca palm (''Areca catechu''). The palm is originally native to the Philippines, but was carried widely through the tropics by the Austronesian expansion, Austronesian migrations and Spice trade, trade since at least 1500 BCE due to its use in betel nut chewing. It is widespread in cultivation and is considered naturalized in much of the tropical Pacific (Melanesia and Micronesia), South Asia, Southeast Asia, and parts of east Africa. It is not to be confused with betel (''Piper betle'') leaves that are often used to wrap it. The practice of betel nut chewing, often together with other herbs as a stimulant drug, dates back thousands of years, and continues to the present day in many countries. Betel nut chewing is addictive due to the presence of the stimulant arecoline, and causes adverse health effects, mainly Oral cancer, oral and esophageal cancers, and cardiovascular disease. When chewed with additional tobacco in ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Cashew
Cashew is the common name of a tropical evergreen tree ''Anacardium occidentale'', in the family Anacardiaceae. It is native to South America and is the source of the cashew nut and the cashew apple, an accessory fruit. The tree can grow as tall as , but the dwarf cultivars, growing up to , prove more profitable, with earlier maturity and greater yields. The cashew nut is edible and is eaten on its own as a snack, used in recipes, or processed into cashew cheese or cashew butter. The nut is often simply called a 'cashew'. The cashew apple is a light reddish to yellow fruit, whose pulp and juice can be processed into a sweet, astringent fruit drink or fermented and distilled into liquor. In 2023, 3.9 million tons of cashew nuts were harvested globally, led by the Ivory Coast and India. In addition to the nut and fruit, the shell yields derivatives used in lubricants, waterproofing, and paints. Description The cashew tree is large and evergreen, growing to tall, with a s ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Rabi Crop
Rabi crops or the rabi harvest, also known as winter crops, are crop, agricultural crops that are sown in winter and harvested in the spring in India, Pakistan, and Bangladesh. Complementary to the rabi crop is the kharif crop, which is grown after the rabi and zaid crops are harvested one after another respectively. The word rabi was borrowed from . Etymology The words ''kharif'' and ''rabi'' have their origins in Arabic. These came to be used in India with the ascent of the Mughal Empire, Mughal empire in the Indian subcontinent and have been widely used ever since. The term is derived from the Arabic word for "spring (season), spring", which is used in the Indian subcontinent, where it is the spring harvest (also known as the "winter crop"). Rabi season in India Rabi crops are sown around mid-November, preferably after the monsoon rains are over, and harvesting begins in April / May. The crops are grown either with rainwater that has percolation, percolated into the ground ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Kharif
Kharif crops, also known as monsoon crops or autumn crops, are domesticated plants that are cultivated and harvested in India, Pakistan and Bangladesh during the Indian subcontinent's monsoon season, which lasts from June to November depending on the area. Monsoon rains may begin as early as May in some parts of the Indian subcontinent, and crops are generally harvested from the third week of September to October. Rice, maize, and cotton are some of the major Kharif crops in India. Unlike the Rabi crops, which are grown in the winter, the kharif crops require good rainfall. Etymology The words ''Kharif'' and ''rabi'' both have their origins in the Arabic via Classical Persian. These came to be used in India with the ascent of the Mughal Empire in the Indian subcontinent and have been widely used ever since. ''Kharif'' means "autumn" in Arabic. The sowing happens during the monsoon and reaping happens close to autumn in the Indian subcontinent; this proximity to the autumn reap ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Irrigation
Irrigation (also referred to as watering of plants) is the practice of applying controlled amounts of water to land to help grow crops, landscape plants, and lawns. Irrigation has been a key aspect of agriculture for over 5,000 years and has been developed by many cultures around the world. Irrigation helps to grow crops, maintain landscapes, and revegetation, revegetate disturbed soils in dry areas and during times of below-average rainfall. In addition to these uses, irrigation is also employed to protect crops from frost, suppress weed growth in grain fields, and prevent soil consolidation. It is also used to cool livestock, reduce dust, dispose of sewage, and support mining operations. Drainage, which involves the removal of surface and sub-surface water from a given location, is often studied in conjunction with irrigation. There are several methods of irrigation that differ in how water is supplied to plants. Surface irrigation, also known as gravity irrigation, is the olde ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Monsoon
A monsoon () is traditionally a seasonal reversing wind accompanied by corresponding changes in precipitation but is now used to describe seasonal changes in Atmosphere of Earth, atmospheric circulation and precipitation associated with annual latitudinal oscillation of the Intertropical Convergence Zone (ITCZ) between its limits to the north and south of the equator. Usually, the term monsoon is used to refer to the Wet season, rainy phase of a seasonally changing pattern, although technically there is also a dry phase. The term is also sometimes used to describe locally heavy but short-term rains. The major monsoon systems of the world consist of the Monsoon#Africa (West African and Southeast African), West African, Asian–Australian monsoon, Australian, the North American monsoon, North American, and South American monsoons. The term was first Glossary of the British Raj, used in English in British India and neighboring countries to refer to the big seasonal winds blowin ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Belgaum District
Belagavi district, formerly also known as Belgaum district, is a district in the state of Karnataka, India. The district is known as the sugar bowl of Karnataka with hectares being used for commercial production. It has overtaken Mandya district in sugarcane production over the last decade. The city of Belgaum (Belagavi) is the district headquarters in Belagavi district. It houses the Second legislative building, where the Karnataka Legislature holds session once a year. The district is famous for its native sweet, Kunda. According to the 2011 Census of India, it has a population of 4,779,661, of which 24.03% live in urban areas, making it the second most populous district in Karnataka (out of 31), after Bangalore Urban. The district has an area of , making it the largest district in terms of size in Karnataka It is bounded by Kolhapur District and Sangli district of Maharashtra state on the west and north, on the northeast by Bijapur district, on the east by Bagalkot dist ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]