India's Successful Growth Story

8/2/2019 India's Successful Growth Story

1/11

Article 3

How competitive are Indian states? Who are the leaders and laggard in India's successfulgrowth story?

The sustainable competitiveness report measures of the responsible growth of a state and it

evaluates the states work on preserving the environment, responsible use of natural resources andinitiatives towards improved standard of living coupled with sustaining economic growth.

The Sustainable Competitiveness Report 2011 by Royal Institute of Chartered Surveyors (RICS)

and the Institute for Competitiveness, looks at mapping the sustainability of the growth story of

the Indian states.


2/11

Delhi (Rank 1)

Delhi is ranked first place among the high population density states.

Delhi is the national winner in economic development

Chief Minister Sheila Dikshit said it was "extremely gratifying to see Delhi once again at the topof the sustainability competitiveness rankings".

She said sustainable development leads to sustainable prosperity across the country. "We need tokeep striving to make not just our respective states but the entire country more competitive,

sustainable and a true success story."


3/11

Goa (Rank 1)

Goa topped among medium population density states. Goa scores on resource availability andutilisation.

Union Minister for Urban Development Kamal Nath said that PPP (public-private partnership)

models in infrastructure development need to be flexible, rather than a one-fit format

Sikkim (Rank 1)

Sikkim tops the list among low population density states.

India is a vast nation with a growing population base supported by thriving economic growthwhich has transformed the nation into a preferred business hub for the world's most developed

countries, states the study


4/11

Punjab (Rank 4)

Punjab is ranked fourth among the states on competitiveness and growth. Given that Indianstates and cities are emerging as preferred business hubs by local and international investors

alike, there is a need for planned sustainable development

Himachal Pradesh (Rank 5)

Given that Indian states and cities are emerging as preferred business hubs by local andinternational investors alike, there is a need for planned sustainable development, the study says


5/11

Haryana (Rank 6)

Haryana is one of the wealthiest states of India and has the third highest per capita income in thecountry at Rs 67,891.

The State Gross Domestic Product (GSDP) of Haryana is expected to grow at 9 per cent during2010-11 and per capita income at 7.2 per cent

Mizoram (Rank 7)

Mizoram is number one in 'social inclusion'. However, Mizoram lags behind economically withlittle development due to the geographical lack of markets and raw materials


6/11

Kerala (Rank 8)

Besides being highly competitive, Kerala has the highest human development index in India. Itis also ranked as one of the least corrupt state

Gujarat (Rank 9)

Gujarat, considered the growth engine of India is one of India's fastest growing states. One of

the most industrialised states of India, and has a per capita GDP almost twice that of the nationalaverage


7/11

Arunachal Pradesh (Rank 10)

Arunchal Pradesh clocked the highest economic growth rate of 22.43 per cent in 2009-10.

India today faces challenges of equitable and sustainable development coupled with ourcollective social responsibility towards environment preservation and climate change, states the

study

West Bengal

Surprisingly some of the biggest states have scored low on the four parameters of socialinclusion, environment and climate change, economic development, resource availability and

utilisation.

The state's share of total industrial output in India was 9.8 per cent in 1980-81, declining to 5 per

cent by 1997-98.


8/11

However, the service sector has grown at a rate higher than the national rate. Anti-industry

policies have been a dampener

Bihar

Bihar has the lowest GDP per capita in India. The economy of Bihar is largely service oriented,but it also has a significant agricultural base. The state also has a small industrial sector.

Jharkhand

Jharkhand is the leading producer of mineral wealth in the country, yet it lags behind indevelopment.

There is a huge disparity between its resources and development


9/11

Tamil Nadu

Tamil Nadu is the eleventh largest state in India by area and the seventh most populous state. Itis the third largest contributor to India's GDP.

While it continues to attract big ticket investments, more investment is required to keep up with

the fast paced growth of other developing states

Karnataka

Karnataka recorded the highest growth rates in terms of GDP and per capita GDP in the lastdecade compared to other states.

Home to India's IT base, its infrastructure is crippling


10/11

Andhra Pradesh

The state ranks third in terms of GDP among all the states. There is a huge disparity of wealth inAndhra Pradesh.

The call for a separate statehood to the Telangana region will severely dent the state's risinggrowth. Frequent strikes have already created a negative impression about the state.

A lot more needs to be done to improve urban transport and world class facilities for theindustrial growth to rise substantially

Maharashtra


11/11

Maharashtra tops in GDP growth among all states yet it lags in competitiveness. Other states arefast catching up to in terms of infrastructure and other facilities in urban areas

More

Uttar Pradesh

Uttar Pradesh is the second largest state-economy in India contributing 8.34 per cent to India'stotal GDP in the financial year 2010. The state is also a hub for small scale industries
http://www.rediff.com/business/slide-show/slide-show-1-the-booming-indian-economy-in-graphics/20110812.htmhttp://www.rediff.com/business/slide-show/slide-show-1-the-booming-indian-economy-in-graphics/20110812.htmhttp://www.rediff.com/business/slide-show/slide-show-1-the-booming-indian-economy-in-graphics/20110812.htm

Documents

India's Successful Growth Story