Hyderabad: The Andhra Pradesh Socio Economic Survey for 2007-08 shows all-round development with various economic sectors showing optimism. The State''s average industrial sector growth has increased by 8.9 per cent during 2004-08 as against 5.4 per cent during 2000-04, the agriculture sector annual production has increased to 161 tonnes (2004-08) from 138 tonnes (2000-04) and the economic growth was up 8.7 per cent during 2004-08 as against 6.17 per cent in 2000-04. The overall economic outcome reflects the policy framework of the State, which seeks to encourage development across various sectors of economy. The Gross State Domestic Product for Andhra Pradesh in 2007-08 is pegged at 10.37 per cent and is the highest seen in the last two decades. The State economy is moving towards employability and the annual employment growth rate during 2004-08 is 3.7 per cent. The State hopes to get full literacy by 2015.
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