Key Points
New Delhi:The post-liberalisation period saw Indias southern states accelerate their economic growth and contribution to the overall country, while states such as Uttar Pradesh, Bihar, and West Bengal have languished, according to the findings of a new paper...
The working paperpublished Tuesday by the Economic Advisory Council to the Prime Minister (EAC-PM) and authored by EAC-PM member Sanjeev Sanyal and joint director Aakanksha Arorahas analysed the gross state domestic products (GSDPs) of each state and their relative contributions to the national gross domestic product (GDP) over the period 1960-61 to 2023-24...
The relative per capita income in Telangana is now 193.6 percent of the national average, while Karnataka, Tamil Nadu, and Kerala have per capita incomes 181 percent, 171 percent, and 152.5 percent of the national average, respectively, the paper said.. UP & Biharfrom powerhouses to laggards ..
Punjabs relative per capita income rose from 119.6 percent of the national average in 1960-61 to 169 percent in 1970-71, but then declined to 146.1 percent by 1980-81..
Similarly, Bengals relative per capita income was 127.5 percent of the national average in 1960-61, but has since fallen to 83.7 percent in 2023-24, below that of even traditionally laggard states like Rajasthan and Odisha, the paper said.. Odisha, on the other hand, has seen a significant turnaround, at least in terms of its relative per capita income..
