Karnataka's GSDP dropped by 2.6% due to Covid-19 lockdown, says CM B S Yediyurappa

Agriculture sector grows 4%, while the services and industry sectors down 3% and 5% respectively in FY21

Representative image. Credit: iStockPhoto

Karnataka CM B S Yediyurappa on Monday said that due to the Covid-19 lockdown, Gross State Domestic Product (GSDP) has declined. According to estimates, GSDP dropped by 2.6 per cent compared to 2019-20 fiscal.

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He added that the agriculture sector has grown 4 per cent, while the services and industry sectors were down 3 per cent and 5 per cent, respectively.

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