Mangalore Ranks Second in The State to Contribute Towards GDP: Great News

Mangalore Ranks Second in The State to Contribute Towards GDP: Great News

Dakshina Kannada MP, Nalin Kumar Kateel, said that Mangalore ranked second in the State in Gross Domestic Product contribution (GDP). The ranking was an encouraging development as neither the commercial hub Hubballi nor the tourist destination Mysuru were above Mangalore. Citizens, entrepreneurs, bankers, industries associations etc, were responsible for the achievement registered by the city.

Deputy commissioner Ravi Kumar said, apart from being in the second place in GDP, Mangalore was also in the second place in the State in per capita income. Industries, enterprises, several kinds of commercial activities, etc., were responsible for this achievement. Dakshina Kannada district stood third in the state in implementing Pradhan Mantri Employment Generation Scheme in 2021-22. Canara Bank, Bank of Baroda and State Bank of India, that disbursed highest quantum of loan during that year were felicitated on the occasion.

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