Backed by good performance by agriculture and allied sectors, Andhra Pradesh has achieved a growth rate of 11.77 per cent in the first half of this financial year, with the first quarter registering a growth rate of 9.72 per cent and the second quarter a robust 13.94 per cent.

The State Chief Minister, N Chandrababu Naidu, released the report on the 'Quarterly Performance Assessment Report Q2 (July-September) 2015' at the two-day Collectors’ Conference here in Vijayawada and announced that the administrative city of Amaravati will be completed by 2018.

The performance in the second quarter at 13.94 per cent surpassed the target of 10.82 per cent. While the State had targeted a growth rate of 10.44 per cent in the first quarter, it managed to achieve 9.72 per cent. Together, the half-yearly growth performance was 11.77 per cent against the target of 10.62 per cent.

The State Government is currently working on the comprehensive double digit growth plan while aiming to achieve a per capita income over Rs 10 lakh by 2029-30. The growth target for 2015-16 at constant prices stands at 10.8 per cent.

According to a statement from the Chief Minister’s Office, there is a swift upward surge in the agriculture and allied sectors which have registered a strong growth rate of 47.1 per cent at constant prices. Fisheries and livestock are the main contributors for the significant growth not only in agriculture but also to the overall Gross State Domestic Product (GSDP).

Referring to the interlinking of Krishna-Godavari rivers and providing 8 TMC of water, over 8 lakh hectares of land would be supported, he said.

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