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LATEST NEWS UPDATES | As Uttar Pradesh Heads to Polls, How Does the Yogi Govt's Economic Performance Hold Up? -Santosh Mehrotra

As Uttar Pradesh Heads to Polls, How Does the Yogi Govt's Economic Performance Hold Up? -Santosh Mehrotra

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published Published on Dec 20, 2021   modified Modified on Dec 20, 2021

-TheWire.in

Employment trends are dismal under the 'double engine government' of Modi and Adityanath. Several claims made in ads do not appear to hold up.

Uttar Pradesh’s per capita income was barely half (Rs 41,023) of India’s average (Rs 86,659) in 2019-20. The per capita income of UP (at 2011-12 prices) is ranked 32 out of 36 states and Union Territories. That the state’s economy has been one of the poorly performing economies of north and east India for decades is well known.

Gross Domestic Product growth in India was plummeting even before the pandemic, and UP is no exception. But still, the Uttar Pradesh government has put out front-page advertisements in leading newspapers that per capita income in UP has doubled in the four years of the BJP government.

The reality, however, is reflected in Figure 1 below (GDP growth).

Official estimates are that the gross state domestic product (GSDP) of UP  grew at a compound growth rate of only 1.95% per annum over 2017-21. In contrast, the growth rate was 6.92% over 2012-17 during the previous state government. Falling growth under the Adityanath government has meant that per capita income in UP has increased merely by 0.43% on average over four years.

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TheWire.in, 20 December, 2021, https://thewire.in/economy/uttar-pradesh-election-adityanath-economic-performance


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