Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Charts & Analysis

Chart: Gujarat Lags AP, TN, Bihar in Per Capita Income Growth

Share:

The per-capita income growth in each state from 2004-05 to 2009-10 (data from RBI) brings out an interesting chart. You would have expected Gujarat to top the chart, but no – Gujarat’s economic growth isn’t as good when it comes to the real data than the image they show.

image

The comparison with neighbour Maharashtra:

Gujarat: 14.8% per year (from 32021 to 63961)
Maharashtra: 15.6% per year (from 35915 to 74027)

I have been looking at Gujarat’s comparative growth in general, from an economic data perspective and other than in power, Andhra Pradesh and Tamil Nadu have done better in many areas (GDP, State Revenues, per capita consumption etc.) Bihar now runs a huge surplus on the revenue account, and while it’s had a low base, the growth has been stellar.

I realize this will attract a lot of pro-Gujarat comments, but please be decent, and note that I’m just plotting the data out there. Even I’ve heard from enough people that Gujarat is doing a great job, which is what I heard/saw in AP in the early part of the last decade, and which I saw in TN with the roads in 06-07. I think Gujarat does a great PR job, but the data isn’t quite following up just yet.

Share:

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial