22.10.11

Net State Domestic Product



Gujarat and Uttar Pradesh, both states have more or less matched the national growth average over the last five years. According to figures released by the RBI, among the six poll-bound states — Punjab, Uttarakhand, Manipur, Goa, Uttar Pradesh and Gujarat — Uttarakhand and Punjab top the growth charts. Uttarakhand has seen its net state domestic product (NSPD) grow by 103% and Punjab has witnessed 86% growth as compared to Gujarat (79%), Goa (77%), UP (76%) and Manipur (51%). The Indian economy grew by 77% during this period. Uttar Pradesh’s NSDP at current prices was pegged at Rs 2,56,000 crore in 2005-06. At the end of 2009-10, it had reached Rs 4,53,000 crore. The Mayawati-ruled state has performed on a par with Narendra Modi’s Gujarat, which saw its economy expand from Rs 2 lakh crore in 2005-06 to Rs 3.70 lakh crore last year. The BSP supremo has been able to keep pace with showpiece UPA-ruled states like Maharashtra and Andhra Pradesh as well. The economic expansion in Maharashtra was 78% during this period, while Andhra Pradesh accounted for 79%. Among the bigger states, the top three were all ruled by the opposition. Bihar clocked 110%, Chhattisgarh 104% and Left Front-ruled West Bengal matched Uttarakhand’s 103%. Gujarat was ranked 12th among the the bigger states. UP’s per capita income rose 64% in the five years till last year as against Gujarat’s 69%, Maharashtra 78% and Andhra Pradesh 79%. The growth in per capita income of BJP-ruled Uttarakhand has been the highest among pollbound states at 91%, followed by Punjab 73% and Manipur 40%. Instability in Uttarakhand and change of leadership made little dent in its economic expansion. UP’s per capita income remains at about half the national average of Rs 46,500 in 2010. Punjab at Rs 62,000 and Uttarakhand Rs 55,800 are well above the national average. Ditto for Gujarat where the per capita income is Rs 63,900.

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