-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,...

-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,...

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...

Faced with stark hint from Trinamool boss Mamata Banerjee that she might act independently of UPA in the presidential poll if her demand for financial relief for West Bengal was not conceded in a "few days", the Centre has scrambled to find ways to organize assistance for debt-stricken state. Officials handling the task now say they can rush relief to Bengal without having to seek a clearance from the Finance Commission....

With regional disparities, the target of four per cent agricultural growth remains elusive The importance of agriculture in the Indian economy becomes quite clear just before the monsoons. Though other sectors contribute a greater share to the national income, more than three quarters of India’s rural population is still dependent on agriculture as the primary driver of income. India has come a long way from an era of vulnerability to food shortages...