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Economic Survey: Gujarat 2nd fastest growing state

-Express News Service Gujarat stands second after Bihar on the list of fastest growing states during the last seven years. Between 2005-06 and 2011-12, Gujarat clocked a Gross State Domestic Product (GSDP) growth of 9.98% while Bihar registered the highest growth rate of 10.17 per cent, states the Economic Survey 2012-13. Gujarat stood fourth on the list of states as far as GSDP growth for 2011-12 was concerned. With 8.2 per cent growth,...

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States' debt-GSDP ratio improves in FY10-12: Icra

-PTI Financial performance of the states with relation to indicators of debt servicing such as debt as a proportion to revenue receipts and gross state domestic product (GSDP) has improved between 2009-10 and 2011-12, says an Icra report. While states like Kerala, Gujarat, Punjab, Rajasthan and West Bengal remain relatively more indebted, Karnataka, Odisha and Chhattisgarh have displayed a superior performance in 2011-12 in terms of their debt relative to revenue receipts. Chhattisgarh,...

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Poverty amid prosperity -Atul Sood

-The Hindu While Gujarat’s GDP growth in the last two decades has been notable, it is not reflected in employment, wages, health or education There is a widespread belief that Gujarat is a shining star on the Indian growth horizon and that all other States would do a great service to Indian masses by emulating the model of development that Gujarat embarked upon under the stewardship of Narendra Modi. A recent study,...

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Politics aside, is Gujarat a great growth story?-Bibek Debroy

-The Economic Times A new book by Bibek Debroy on Gujarat looks at how this much-talked about state has performed in economic terms. The author argues history, luck and administrative clarity have been the determining factors. There has been a discernible pickup in Gujarat's growth performance since the 10th Plan (2002-07), the five-year Plans being natural periods for breaking up the timeline. It's tempting to argue that there is nothing exceptional in...

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Bihar is country's fastest growing state at 13.1% by Mahendra Kumar Singh

Bihar, which was synonymous with poverty, has emerged as the fastest growing state for the second year running, clocking a scorching 13.1% growth in 2011-12. Not just that, on the back of four years of double-digit growth, its economy is now bigger than that of Punjab—until recently the preferred destination of Bihari migrant workers. Among the top five states, Bihar is followed by Delhi and Puducherry. Mineral-rich Chhattisgarh, which many had...

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