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LATEST NEWS UPDATES | UP tops growth in enterprises, jobs -TCA Sharad Raghavan

UP tops growth in enterprises, jobs -TCA Sharad Raghavan

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published Published on Apr 3, 2016   modified Modified on Apr 3, 2016
-The Hindu

The State has seen a 67.4 per cent growth in the number of establishments.

Among the larger States, Uttar Pradesh has seen the highest growth in enterprises and employment generation over the past decade, outstripping the economically strong states such as Gujarat, Maharashtra and Punjab, according to data from the Sixth Economic Census released by the Ministry of Statistics and Programme Implementation.

Uttar Pradesh has seen a 67.4 per cent growth in the number of economic establishments in the state between 2005 and 2013 compared to a national average of 41.8 per cent. The country’s most populous state has fared better than all of the major economic states such as Gujarat (66.3 per cent), Tamil Nadu (15.6 per cent), Karnataka (15 per cent), Maharashtra (47.8 per cent) and West Bengal (41.4 per cent).

Notably, Uttar Pradesh has been placed third in terms of growth in employment (79.4 per cent) over the last decade generated by its economic establishments, significantly ahead of the other states such as Gujarat (65.9 per cent), Maharashtra (37.9 per cent), Karnataka (19.9 per cent) and Tamil Nadu (22.5 per cent). The national average was 38 per cent.

“There were positive growth rates in all the States/UTs in terms of number of establishments,” according to the Economic Census. “Similar trend was observed in employment except for Delhi where it dipped by 11.20 per cent compared to Fifth EC (Economic Survey).”

“This was primarily due to the fact that average employment size per establishment in Fifth EC for Delhi was much higher (4.69) as compared to the corresponding average employment size of 3.45 in Sixth EC for the NCT of Delhi,” according to the Census.

The Economic Census also provides data on whether the enterprises and employment have been created in rural or urban areas. Overall, urban India has performed better, seeing a growth of 47 per cent in the number of establishments and 42 per cent growth in employment over the last decade. Rural India saw a growth of 38.4 per cent and 34.8 per cent, respectively.

Uttar Pradesh bucked this trend comprehensively, with its rural portion seeing a significantly faster growth than in its urban centres. The growth of establishments in the last decade was 90 per cent in rural Uttar Pradesh, more than twice as fast as the 40 per cent seen in urban Uttar Pradesh. Similarly, employment growth in the state came in at 97.7 per cent in its rural portion and 61.3 per cent in its urban centres.

A third of the 36 States and Union Territories saw the number of establishments in their rural areas grow faster than in their urban centres, but none saw a difference in growth rates as vast as what U.P. did. “Top five States, namely, Uttar Pradesh (11.43 per cent), Maharashtra (10.49 per cent), West Bengal (10.10 per cent), Tamil Nadu (8.60 per cent) and Andhra Pradesh (7.25 per cent) together accounted for about 50 per cent of the total number of establishments in the country,” the Economic Census said.

The Hindu, 3 April, 2016, http://www.thehindu.com/business/Economy/up-tops-growth-in-enterprises-jobs/article8426989.ece?w=alauto


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