8  BIS central bankers’ speeches  Section 3 Economic growth in NER •  Net State Domestic Product (NSDP) is generally considered as a reliable indicator of the performance of the states. The consolidated NSDP (at current prices) of eight NE states stood at Rs.2093 billion during 2012–13.
The consolidated NSDP grew at an average annual growth of over 13 per cent during the period between March 2006 and March 2013. •  In tandem with the national trend, the NSDP of NER decelerated rapidly since 2010 – from 18.7 per cent during 2009–10 to 9 per cent during 2012–13 (Chart 7).