Uttarakhand's economy has grown significantly in the 24 years since its formation. The state's GSDP has increased from Rs 14,501 crore to Rs 3,46,000 crore, driven largely by the tourism sector. Per capita income has also risen considerably, reaching Rs 2.60 lakh. Chief Minister Pushkar Singh Dhami attributed the state's progress to the collective efforts of the people and the leadership of Prime Minister Narendra Modi.