Indian State Economies

[Guest]

Isn't Punjab, SAD-BJP?

[Guest]

<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Isn't Punjab, SAD-BJP?<!--QuoteEnd--><!--QuoteEEnd-->
Data is from last year. SAD- BJP came to power in June.

Punjab is growing in drugs and alchol addiction only.

[Guest]

<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Gujarat spends, gets good rating
Author: Chetan Chauhan
Publication: Hindustan Times
Date: February 25, 2008

However, ministry officials suspect that the state govt may have diverted funds meant for minorities to non-minority areas.

The UPA government's constant tirade about Gujarat Chief Minister Narendra Modi being anti-minorities has not reflected in the Centre's own stock-taking report on minority welfare.

In fact, the Minority Affairs Ministry has given a positive rating to the work done in Gujarat for minorities.

On the other hand, the performance of several Congressruled states has been found to be poor The report puts a question mark on the UPA's performance in the area of minority welfare even though the government claims it is implementing most of the Sachar panel's recommendations for the upliftment of minorities, especially Muslims.

In the evaluation report of the Prime Minister's 15-Point Programme for Minorities, the Ministry has rated the performance of most NDA rules states "good" or "fair". The only Congress-ruled state to get a good rating is Haryana.

Gujarat, the state said to be most averse to the welfare of minorities, has one of the best ratings when it comes to spending under the nine schemes of the programme and building infrastructure. Its spending was more than 50 per cent in 2007, thereby earning a 'good' rating.

However; ministry officials suspect the Gujarat government may have diverted funds meant for minorities to non-minority areas, a charge made by the UPA during Gujarat elections last year

Other NDA-ruled states Orissa, Uttrakhand and Rajasthan - have also been rated "good". What may not be a good election slogan for UPA is that Congress-ruled Delhi, Andhra Pradesh and Jammu and Kashmir have been rated the worstperforming states with a spending of less than 30 per cent.

Even West Bengal, ruled by the Left Front, has been rated among the worst performers. The only NDA government in this category is Punjab. Among the states rated "fair" with a spending of 30-50 per cent are Madhya Pradesh, Chhattisgarh, Jharkhand, Maharashtra, Bihar, Kerala and Assam. 
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[Guest]

<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>Gujarat shows the way </b>
Pioneer.com
Balbir K Punj
During last winter's Assembly election in Gujarat, the 'secularists', while demonising Gujarat Chief Minister Narendra Modi, sniggered at his claim that the State's development is the best in the country. Union Ministers like Mr Kapil Sibal were at pains to pick holes in his statistics. But the people stood like a rock behind Mr Modi and he was retuned to power with a solid majority.

Now, in these times of crushing inflation, skyrocketing food prices and global decline in agricultural production, comes the report that Gujarat has achieved 33 per cent increase in wheat production during the rabi season. The State's wheat acreage has gone up from 6.64 hectares in 2005 to 13.93 lakh hectares in December 2007. Production has gone up from 27 lakh tonnes to 37 lakh tones in just one year. This when the countrywide increase in wheat output is stated to be only marginally higher while global wheat production has declined substantially. At least Union Finance Minister P Chidambaram should congratulate Mr Modi for helping out at this critical juncture.

The report on Gujarat also adds that the higher output and acreage are due to "sustained campaign by the State Government to increase overall acreage under the crop over the past few years." The campaign included irrigation initiative like water harvesting and cleaning up of village ponds, making use of the Centrally funded national food security mission and ensuring the availability of proper seeds. Mr Modi has kept his word that every village would get specified hours of quality power. In water scarce Gujarat, has ensured micro-management of irrigation water, apart from extending the canal-based water supply from Narmada to the dry region of Saurashtra.

Gujarat's success story inevitably leads us to the larger question of farm crisis management and runaway inflation. On both issues the Congress-led UPA Government at the Centre seems to be clueless. There are clear signs of discord between the UPA and the Left, within the Left parties and among the UPA members. The Left is calling for stricter controls, ending futures trade, even banning private procurement and cracking down on trade. But how much of all this the Left Governments themselves practice is a matter of debate.

The irony of the Left posing as the champion of urban consumers who want food grains at low prices is clear from the fact that the <b>only State where food riots have taken place is Left Front-ruled West Bengal</b>. And the trigger for the riots was the skewed distribution of low-priced food grains through the public distribution system. <b>The fair price shops are said to be controlled by Marxist cadre and when they claimed they had no stocks, enraged people ran riot, bringing a bad name to the Left Front Government.</b>

The division within the CPI(M) on the question of corporate links to farming came to the fore during the last conference of the party in Coimbatore. The Kerala bosses of the party expressed their opposition to corporate houses procuring food grains and vegetables directly from farmers to feed their superstore chains. But their counterparts in West Bengal favoured such procurement. So guidelines were laid down at the Coimbatore congress.

<b>But soon after the congress, the Kerala Chief Minister declared he would not let the superstore chains to buy directly from farmers.</b> The Kerala Government runs stores that are supposed to supply vegetables and fruit at moderate prices. In effect, these stores have either gone dry or become a big drain on public resources. <b>In any case, farmers in Kerala are organising themselves to demand their right to sell to the superstore chains.</b>

What about the UPA itself? On the sugar price front -- a very sensitive issue as the politics of Maharashtra revolves around co-operative sugar factories -- the Congress is believed to favour de-controlling it so that the open market can depress prices while farmers will get a better price due to competition. There are excess sugar stocks with the factories but the co-operatives and the politicians who control them feel that total decontrol will depress prices at a time when the mills are unable to pay farmers for their sugarcane. The NCP is against immediate de-control while its ally, the Congress, wants full de-control. This has delayed action on the sugar front, a key component of rising prices.

<b>The Prime Minister has chosen to ignore violations by his own party on the inflation front. The Congress, for instance, has promised rice at Rs 2 per kg to BPL families in its election manifesto for Karnataka.</b> The Congress Government in Andhra Pradesh has implemented a similar measure. This is playing to the gallery -- the Prime Minister knows such steps are counter-productive but has done nothing to prevent it.

The short and long answer is the same -- increase food production and also productivity. As Prof Swaminathan, the country's most outstanding agricultural scientist, has said, the extension services have lost their verve. Farmers require timely and proper inputs and also a supply chain to consumer centres that will encourage the cultivation of vegetables, fruit and animal products to supplement income from cereal cultivation.

<b>This would mean micro-management of both inputs and outputs. The micro-management of inputs is the Government responsibility. That this can be successfully done if the political leadership puts some passion into its efforts is what Mr Modi has demonstrated in Gujarat. </b>
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[Capt M Kumar]

Coop societies to sell goods on CSD pattern
NRIs’ deposits to be accepted under a special scheme
Varinder Singh
Tribune News Service

Patiala, May 17
“Given the present scenario of the liberalisation, privatisation and globalisation, cooperatives have to play a major role in the faster development of Punjab. For this, cooperative departments need to co-exist with the corporate world to mutual benefit each other,” stated Punjab cooperation minister Kanwaljit Singh, while inaugurating a national seminar on the “Cooperative movement in socio-economic development in South-west Asia”, organised by Punjabi University’s Centre for South-West Asia Study at the university here yesterday.

Capt Kanwaljit Singh said, “Abject poverty, illiteracy, insurgency, unemployment and poor social services are posing a challenge for us. Market economy, on the other hand, is causing concentration of wealth instead of equitable distribution, thus, disturbing the balance.” In the absence of proper help from the cooperatives, the poor, especially farmers, have to suffer at the hands of moneylenders in the unorganised sector.

He disclosed that the Cooperative Department had planned a special scheme under which it would accept deposits in the form of term and fixed deposits from Non-Resident Indians (NRIs), giving them adequate interest return on their capital. In turn, this capital would be loaned to needy farmers and members of the Primary Agriculture Cooperative Socieities on a nominal interest rate. The department had chalked out a comprehensive plan to computerise all Primary Agriculture Cooperative Socieities (PACS) and interlink them through the Internet.

He said they would improve the condition of the farmers by providing cheap consumer goods at rates much less as compared to the market on the pattern of the CSD. Farmers would also be given agricultural tools at a nominal rent rate to reduce their expenditure.

Vice-chancellor Jaspal Singh, in his presidential remarks, said with the advent of free market economy, the gap between the rich and the poor was increasing beyond proportion.

Programme coordinator of the centre and dean, Academic Affairs, Sucha Singh Gill said the cooperatives should follow a people-centric model by removing bureaucratic hindrances. Sukhpal Singh from IIM, Ahmedabad, registrar of the varisty, S.S. Khehra, and R.S. Ghuman also spoke on the occasion.

[Guest]

<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>Karnataka: BJP fulfils poll promises in first budget</b>
From R. Guru Prasad in Bengaluru

Bengaluru’s development dreams got a big boost when the new BJP government proposed an increased allocation of funds and large share of the pie goes to the capital.

People of Karnataka are in a rejoicing mode after the first Bharatiya Janata Party (BJP) government presented a budget on July 17. In a demonstration of commitment to fulfilling promises made at the time of elections, the first BJP government in Karnataka led by Chief Minister-cum-Finance Minister, B.S. Yeddyurappa presented a please-all budget consisting allocations for both rural and urban sectors.

In a surprise move that should bring smiles on the faces of the families of around six lakh state government employees, a white safari suit-clad B.S. Yeddyurappa, announced raising the retirement age of the staff from 58 to 60 years.

Reiterating his commitment to improving the economic condition of farmers, weavers, fishermen and other weaker sections, the Chief Minister said the budget would lay a strong foundation for building a prosperous Karnataka in the next five years, so that ‘Vision 2020’, aimed at turning Karnataka into a fully developed state by 2020, can be achieved.

Free power supply to irrigation pumpsets up to 10 hp will be made available to farmers from August 1 and the farm loan interest rates have been reduced by one per cent from the prevailing four per cent. In another important announcement for the benefit of farm sector, the government has announced a one-time payment of Rs.1,000 a family (small farmer) to purchase seeds and other farm inputs. This is expected to benefit nearly 50 lakh farmers. Milk producers will be paid incentive of Rs.2 a litre, however there will not be increase in the price of milk to consumers.

Bengaluru’s development dreams got a big boost when the new BJP government proposed an increased allocation of funds and large share of the pie goes to the capital. It obviously took into consideration newly added areas to Bruhat Bangalore Mahanagara Palike (BBMP). The BBMP, which is facing a resource crunch, has got Rs. 300 crore as financial support. The proposed Nada Prabhu Kempe Gowda Layout, where 60,000 residential sites will be formed, is expected to help those who wish to get sites from the Bangalore Development Authority (BDA) to own their dream homes. The CM has ensured speedy implementation of the proposed high speed rail link to new international airport at Devanahalli. He has also announced the appointment of Delhi Metro Rail Corporation (DMRC) as the advisor to the project, which will be taken up on Public Private Partnership (PPP) basis. The proposed Cauvery Stage 4, phase 2 drinking water project, estimated to cost Rs. 3,400 crore will also be implemented. To provide seamless connectivity for south Bangaloreans and residents of Electronic City to Bengaluru International Airport, BDA will undertake an improvement drive for the 31-km signal-free stretch and a zero tolerance road on outer ring road from Hebbal to Silk Board junction. Rs. 700 crore has been earmarked for the metro rail project. Last year, the allocation was only Rs. 172 crore. This step is expected to help the Bangalore Metro Rail Corporation (BMRC) to move on a fast track. A big boost has been given to the city’s health care sector also with the announcement of setting up of a general hospital at a cost of Rs. 8 crore and construction of an emergency trauma care ward at Rs. 25 crore.
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[Shambhu]

Heard on NPR's GeoQuiz:

Q: Which Indian State is in danger of having its entire rice crop being destroyed by rats?

A: Mizoram.

[Guest]

<b>To raise more funds, Centre to sell out 10% in CPSEs</b>
pioneer.com
PNS | New Delhi

The UPA Govt would soon begin listing profit-making central public sector enterprises (CPSEs) on stock exchanges to meet the mandatory requirement of 10 per cent public ownership.

Informing this after a meeting of the Cabinet Committee on Economic Affairs on Thursday, Union Home Minister P Chidambaram said about PSUs that had no accumulated losses and having a net profit for three consecutive years, “These CPSEs are national wealth and so people should participate in their operations.” Hinting that in days to come there could be a bigger disinvestments process in the offing he said, “However the Government will retain as usual 51 per cent of the equity in CPSEs.”

[Capt M Kumar]

What years of militancy and global meltdown failed to do, the regional divide has done it. The production in the industrial capital of Punjab — Ludhiana — has come to a grinding halt. Thanks to the recent caste and regional tension, the migrant workforce is leaving the city in droves, plunging it into worst-ever industrial crisis, with the production dipping in most of the units by almost 30 per cent.

http://www.tribuneindia.com/2010/20100129/main6.htm

[HareKrishna]

India economy from the year 1 till today in 1990 internatinal curency($?).GDP per capita.

Year 1-450$

1000-450$-

1500-550$

1700-550$

1820-533$

1870-533$

1884-551$

1900-599$

1933-700$

1950-619$

1960-753$

1970-868$

1980-938$

1990-1309$

2000-1892$

2006-2598$



Conclusion

1 to 1000-stagnation

1000-1500-economic growth(golden age of medieval India)

1500-1700-stagnation(Mughal empire)

1700-1870-decline

1870-1933-growth

1933-1950-decline

1950-2006-growth

The big picture is that India have a slow growth but steady -not big growth rate ,but also no big declines.

[HareKrishna]

China GDP per capita

Year1-450$

1000-466$

1500-600$

1820-600$

1900-545$

1930-568$

1950-448$

1960-662$

1970-778$

1978-978$(year when overcome India)

1990-1778$

[Guest]

HareKrishna,

please provide source.

[HareKrishna]

[quote name='Mudy' date='02 February 2010 - 02:52 AM' timestamp='1265058880' post='103845']

HareKrishna,

please provide source.

[/quote]

http://www.ggdc.net/maddison/Historical_...3-2009.xls





ww.ggdc.net/maddison/Historical_Statistics/vertical-file_03-2009.xls





is open in excel;gdp per capita is in the lower bar

[Guest]

[url="http://www.huffingtonpost.com/robert-kuttner/ask-dr-reddy_b_533328.html"]Ask Dr. Reddy[/url]

India had no financial crisis. Its high rate of economic growth continued unabated. Why? Because Reddy, over the objections of Western bankers, International Monetary Fund kibitzing, and kindred local banking pressures, simply did not allow the Indian banking system to engage in Wall Street-style speculation.



I first met Reddy at a U.N. conference in 2008 just as the financial meltdown was going critical. I asked him how India had managed to dodge the bullet. "We are a poor developing nation," Dr. Reddy said puckishly. "We don't really understand these securities, so we don't permit our banks to use them. We leave them to the advanced nations like you."



How did Reddy manage that trick? First, banks that wanted to issue complex securities were required to hold capital reserves against them. That requirement shut down the game of bank-sponsored gambling that crashed the American system. Second, as Reddy told me Saturday, the Indian central bank didn't just rein in banks. It also regulated other financial players.

[Capt M Kumar]

States that have realized this have fared best. Gujarat has the highest rate of industrial investment in the country, but it also boasts the highest agricultural growth of 9%. Gujarat has never seen Bharat and India as two citadels between whom it has to choose. It has seen that the two are organically linked and should move together. Something similar happened in Andhra Pradesh under the late YSR. He was a welfare populist. Yet he saw the need for a businessfriendly climate to attract industry and accelerate growth and thus provide revenues for populism. The state's Economic Freedom Index improved fastest among all states in 2005-09. He spent wisely on rural infrastructure, so the state's agriculture grew at 6.8% per year, double the national rate. He saw no Bharat-India divide. He saw both as parts of an integral whole. So should we all.



URL: http://epaper.timesofindia.com/Default/S...wMode=HTML

[roosevelt92]

Great information guys, thanks a lot.

[priyarawat229]

Tamil Nadu is an Indian state that lies in the southern part of the Indian Peninsula and is bordered by Pondicherry, Kerala, Karnataka and Andhra Pradesh. It's the fifth largest contributor to India's GDP and the most urbanized state in the country with the highest number of Business enterprises.

[priyarawat229]

The constitutional provision of making primary education free and compulsory up to fifth standard should be implemented as soon as feasible. The provision of free education for girls will not only empower women but also help in controlling population growth and improving the quality of life of our children.