daily menu » rate the banner | guess the city | one on oneforums map | privacy policy (aug.2, 2013) | DMCA policy | flipboard magazine
Old June 12th, 2012, 07:52 PM   #5881
GJ10
Registered User
 
GJ10's Avatar
 
Join Date: Apr 2007
Posts: 2,513
Likes (Received): 619

Quote:
Originally Posted by karkal View Post
The growth rates of Gujarat and Maharashtra for 2011-12 is not included in that report which is a very down year for Indian economy.

Of Bihar,TN and Uttarakhand only TN has a very large economy(second largest) rest of the two are smaller economies.

Bihar is 1/3 rd of TN and 1/6 th of Maha economy.
Gujarat growth for 11-12 has been quoted as 9.1% (lower than TN you will be happy to hear)

x-posting figures for industrialised states from Guj discussions thread to show growth rates over the last decade. 01/02 being the first year that Modi was Gujarat CM therefore seems to be year zero as far as hype accusations are concerned.

Quote:
Average GDP growth 01/02 - 10/11

10.19%: Gujarat
9.41%: Maharashtra
8.00%: Andhra Pradesh
7.90%: Tamil Nadu
7.49%: Karnataka
6.78%: West Bengal

Planning Commission stats on GDP growth

Many recent reports (non-Rajiv Shah!) have suggested that Modi announced growth rate for 11/12 was 9.1%, so if its expanded to 11 years for the same states, apart from Maharashtra who have not announced figures for that year. (They would need 17% growth to catch up with Gujarat)

Average GDP Growth 01/02 - 11/12

10.09%: Gujarat
8.04%: Tamil Nadu
7.89%: Andhra Pradesh
7.39%: Karnataka
6.80%: West Bengal
GJ10 no está en línea   Reply With Quote

Sponsored Links
 
Old June 12th, 2012, 09:01 PM   #5882
karkal
Registered User
 
Join Date: Jan 2012
Posts: 11,122
Likes (Received): 7208

It is like the hare and tortoise story, the state that is growing slower somehow has become the second largest economy.

The great mystery of Indian economy and its statistics.



http://www.skyscrapercity.com/showpo...postcount=5750

For people who are drinking their own kool-Aid,

Another significant development the State(TN) witnessed last year was that it attained the second status in terms of the size of the economy, next to Maharashtra. In the process, Tamil Nadu overtook Uttar Pradesh and Andhra Pradesh. In 2011-2012, the value of the Gross State Domestic Product (at 2004-2005 prices) of Tamil Nadu was Rs. 4.28 lakh crore while it was Rs. 4.19 lakh crore in respect of Uttar Pradesh and Rs. 4.07 lakh crore in the case of Andhra Pradesh.

Last edited by karkal; June 12th, 2012 at 10:23 PM.
karkal no está en línea   Reply With Quote
Old June 12th, 2012, 09:19 PM   #5883
krishnaswamy
Krishna
 
krishnaswamy's Avatar
 
Join Date: Sep 2010
Location: Chennai/Thanjavur
Posts: 10,829
Likes (Received): 3516

Quote:
Originally Posted by GJ10 View Post
Oh believe me, ive seen enough of your other posts to not concern myself with why you posted it. Im just interested to know why you felt the need to change the title. Whether it is called "Indian States", "Gujarat" or "Sonia Gandhi says" the content is still the same rubbish.

And seriously, you want to preach about "healthy democracy" when talking about a propaganda piece written in the mainstream media by a Congress politican?

Whats the Tamil word for irony?
its better Gujarat can elect Congress, so that they will get the good name in the next 2 years of whatever is done so far by "Modi". that will make some people here to be very happy and they will look into the GJ data in a +ve manner rather than -ve manner. Also "TOI"ilet paper article people will also be happy.
__________________
Ek Bharat, Shresht Bharat - ஒரே பாரதம் உன்னத பாரதம்! - Narendra Modi

Last edited by krishnaswamy; June 12th, 2012 at 09:45 PM.
krishnaswamy está en línea ahora   Reply With Quote
Old June 12th, 2012, 09:55 PM   #5884
karkal
Registered User
 
Join Date: Jan 2012
Posts: 11,122
Likes (Received): 7208

Just winning elections is not democracy. Gujarat model of growth is based on a single party, single leader autocratic rule similar to china which is unsustainable in indian context. States like TN and Maha growth proves that democratic model of growth is highly sustainable. But for that to happen in all states they need to have very competitive cut throat politics with strong opposition parties like these states.
karkal no está en línea   Reply With Quote
Old June 12th, 2012, 10:22 PM   #5885
krishnaswamy
Krishna
 
krishnaswamy's Avatar
 
Join Date: Sep 2010
Location: Chennai/Thanjavur
Posts: 10,829
Likes (Received): 3516

Quote:
Originally Posted by karkal View Post
Just winning elections is not democracy. Gujarat model of growth is based on a single party, single leader autocratic rule similar to china which is unsustainable in indian context. States like TN and Maha growth proves that democratic model of growth is highly sustainable. But for that to happen in all states they need to have very competitive cut throat politics with strong opposition parties like these states.
Well
you dont say that JJ is not autocratic? do you feel TN ministers are "able" to run the government? you have the example in front of your eyes man..
All TN ministers are sent to by election campaign and TN budget is prepared under her supervision.
Can you show 1 single big leader after JJ in ADMK?
what tells you that TN and Maha has democratic model, where GJ does not have?
GJ also Cong was there. is there...
then do you say in WB, no democratic model since Communists ruled for so long?
so do you say in TN also, MGR was winning consistently and you mean to say no democratic model?
Now Nitish is winning consistently. Maharastra and Delhi, Cong winning consistently.
so those states do not have proper democratic model?

Lets not deviate further on this. numbers are numbers. when you are ecstatic about TN numbers, you should be broad enough to accept the Gujarat numbers too. I never denied the TN numbers. but i questioned on the quality of the numbers.
grow up kid.
__________________
Ek Bharat, Shresht Bharat - ஒரே பாரதம் உன்னத பாரதம்! - Narendra Modi
krishnaswamy está en línea ahora   Reply With Quote
Old June 12th, 2012, 10:23 PM   #5886
GJ10
Registered User
 
GJ10's Avatar
 
Join Date: Apr 2007
Posts: 2,513
Likes (Received): 619

Quote:
Originally Posted by karkal View Post
It is like the hare and tortoise story, the state that is growing slower somehow has become the second largest economy.

The great mystery of Indian economy and its statistics.
What is the mystery?

Last year the GDSP or UP was marginally higher than TN. This year TN grew faster than UP, therefore it overtook UP to get to 2nd rank from 3rd position last year (at constant prices).

GSDP (constant prices)

But seeing as you seem to like what these stats show, lets use them to tell a diff story, one about how in 01/02 Gujarats GDSP was:

43% of MHs
58% of UPs
74% of TNs
74% of WBs
75% of APs
2% higher than KAs

Whereas at 10/11 it was

47% of MHs
92% of UPs
93% of TNs
15% higher than WBs
95% of APs
30% higher than KAs

FWIW of the states mentioned, only Karnataka has a comparable population to Gujarat.

Looking at the overall picture, Maharashtra is the only industrialised state that has shown strong enough growth over the last decade to prevent Gujarat from eating into the pre-existing advantage.

So by all means, take whatever pleasure you want to out of TN overtaking the economic dynamo of UP, this "second largest economy" tag you seem to be so excited about is not likely to last for more than a few years...
GJ10 no está en línea   Reply With Quote
Old June 12th, 2012, 10:28 PM   #5887
chennaidesi
Registered User
 
Join Date: Apr 2008
Location: Philadelphia/Chennai
Posts: 3,100
Likes (Received): 265

Let some authors like shah write anything def. GJ topped growth(economic) in last decade. Also TN and Maha did nicely inspite of higher base.
chennaidesi está en línea ahora   Reply With Quote
Old June 12th, 2012, 10:58 PM   #5888
engineer.akash
Citizen of the milky way
 
engineer.akash's Avatar
 
Join Date: Oct 2008
Location: Antriksh Nivasi
Posts: 31,073
Likes (Received): 3044



Time for supreme court to lift mining ban in karnataka It has cost karnataka a bomb.
__________________
LOVE INDIA SERVE INDIA

TIER TWO CITIES RAKSHAK
engineer.akash no está en línea   Reply With Quote
Old June 13th, 2012, 12:04 AM   #5889
MeMumbaikar
Registered User
 
MeMumbaikar's Avatar
 
Join Date: Aug 2010
Posts: 3,705
Likes (Received): 53

that anti guj article was dumb.

even using the state of that planning commision guy, Guj does not finish in the bottom 10 states on any paramters

while UP and Bihar do finish at the bottom. There in lay the problem.



However i disagree with modi on one thing. Every indian states has some level of caste politics. However the level of caste politics is way to much in Up,Bihar.
__________________
Quote:
Originally Posted by sanjupalayat View Post
Because MeMumbaikar Ji speaks sense....
Quote:
Originally Posted by India101 View Post
It was Sudheesh not Sun who deleted it.
MeMumbaikar no está en línea   Reply With Quote
Old June 13th, 2012, 06:48 AM   #5890
skdubai
--
 
skdubai's Avatar
 
Join Date: Jun 2008
Location: Hyderabad/Dubai
Posts: 1,819
Likes (Received): 216

I like how everyone likes to pick on Modi all day long but ignore the failures of other parties in other states which have done faar faar worse than Modi! This is the only reason why I get involved in these arguments.

All congress wants to do is point at Modi so that everyone is busy arguing about him to look at the performance of Congress! And it seems to work! which baffles me!

What ever Modi may have done wrong, he is not the worst CM by a long shot!
skdubai no está en línea   Reply With Quote
Old June 13th, 2012, 07:40 AM   #5891
gemsuresh
Registered User
 
gemsuresh's Avatar
 
Join Date: Sep 2011
Location: Coimbatore/Chennai
Posts: 252
Likes (Received): 6

BANGALORE: Infosys Technologies founder N R Narayana Murthy has said he feels sad about the state of the Indian economy.

He said that based on his interactions with global CEOs, he could see that India's image had suffered internationally in the past 3-4 months. In an interview to Morgan Stanley Research, published in a report dated May, Murthy said between 2004 and 2011, the country had not introduced many reforms. "There was huge expectation. There was a lot of confidence that India would indeed do whatever was necessary because the person who was the face of economic reforms in 1991 is our current Prime Minister. In the opinion of foreign well wishers of India, we have reached our nadir since 1991," he said.

Murthy said that for the country to get a growth rate of 8-9%, it needed to build very heavy infrastructure. This build, he said, would need investments of $1-1.5 trillion. "Such a large pool of capital cannot come from India alone. So we need participation from outside and, for the foreigners to come to India, we have to be seen as a proactive, investor-friendly, and stable governance model. This is where the government should not send the kind of signals that that it has recently sent by introducing tax laws on a retrospective basis. It does not matter what the intentions are. Nobody can understand intentions; people can only read the laws and then act," he said.

He said the government would now have take steps to do something positive - "do something that says that we mean business; that means we want to welcome foreign investors. This has to happen particularly in the area of FDI because portfolio investments are fickle."

He said outsourcing had been a great success story for India, but even that had been achieved by enormous investments by companies on training employees. He said India's outsourcing advantage was facing a threat from China. "China is improving its English skills. Unfortunately, our political leaders are opposed to English. This will cause software development business to move to China," he said.

http://timesofindia.indiatimes.com/b...w/14075712.cms
gemsuresh no está en línea   Reply With Quote
Old June 13th, 2012, 07:45 AM   #5892
Kavalier
Registered User
 
Kavalier's Avatar
 
Join Date: Jan 2010
Posts: 331
Likes (Received): 121

Quote:
Originally Posted by skdubai View Post
I like how everyone likes to pick on Modi all day long but ignore the failures of other parties in other states which have done faar faar worse than Modi!
There is a reason behind that, Modi is the only leader who has the capacity to challenge the current regime on a national level. While there are many leaders like Nitish, JJ, Naveen Patnaik at state level, none of them have national appeal.
If tomorrow Nitish Kumar becomes a serious contender for PM post, then there would be dozens of articles targeting him and questioning Bihar's growth rate.
Kavalier no está en línea   Reply With Quote
Old June 13th, 2012, 07:52 AM   #5893
iaafosc
Registered User
 
Join Date: Jun 2012
Posts: 971
Likes (Received): 235

Quote:
Originally Posted by GJ10 View Post
What is the mystery?

Last year the GDSP or UP was marginally higher than TN. This year TN grew faster than UP, therefore it overtook UP to get to 2nd rank from 3rd position last year (at constant prices).

GSDP (constant prices)

But seeing as you seem to like what these stats show, lets use them to tell a diff story, one about how in 01/02 Gujarats GDSP was:

43% of MHs
58% of UPs
74% of TNs
74% of WBs
75% of APs
2% higher than KAs

Whereas at 10/11 it was

47% of MHs
92% of UPs
93% of TNs
15% higher than WBs
95% of APs
30% higher than KAs


FWIW of the states mentioned, only Karnataka has a comparable population to Gujarat.

Looking at the overall picture, Maharashtra is the only industrialised state that has shown strong enough growth over the last decade to prevent Gujarat from eating into the pre-existing advantage.

So by all means, take whatever pleasure you want to out of TN overtaking the economic dynamo of UP, this "second largest economy" tag you seem to be so excited about is not likely to last for more than a few years...
...
__________________
The illiterate of the 21st Century will not be those who cannot read and write, but those who cannot learn, unlearn and relearn.- Alvin Toffler
iaafosc no está en línea   Reply With Quote
Old June 13th, 2012, 08:09 AM   #5894
gemsuresh
Registered User
 
gemsuresh's Avatar
 
Join Date: Sep 2011
Location: Coimbatore/Chennai
Posts: 252
Likes (Received): 6

Can it get any worse?? Some policy decision should be made and communicated to the Auto companies on Diesel tax, NOW!

Artificially control diesel prices.
Raise petrol prices and create a huge anamoly.
People line up to buy diesel cars.
More demand and Auto companies make investments for diesel capacity.
Wait until they create diesel capacity and tax them heavily.

How can one sector flourish when the entire economy is supposed to be slowing down! Kill it!

------------------------------------------------------------------------------------

The petroleum ministry has once again written to Finance Minister Pranab Mukherjee recommending a steep additional excise duty on diesel-run cars. And if the government accepts this special diesel tax proposal the price of small diesel cars is likely to shoot up by Rs 1.7 lakh while the medium and larger ones such as sedans and SUVs will cost Rs 2.55 lakh more!

The move —aimed at controling dieselisation of the economy, triggered by the widening gap between petrol and diesel prices, is sure to send the auto industry up in arms that is already reeling under rising interest costs, slower sales and poor margins and have already opposed a proposal by the government to levy higher taxes on diesel vehicles.

Reuters
Most car majors altered their production plans this year to meet the increased demand for diesel cars. According to data released by industry body SIAM Maruti Suzuki India reported almost 6.5 percent cut in production — mainly petrol models — since the company has acknowledged a decline in petrol car demand. Ford India produced 17.33 percent fewer cars; GM rationalised production by a fourth, while Fiat India’s production was down to less than half. Volkswagen India also produced 30 percent less than May last year.

Since diesel prices have not been deregulated, the fuel is 74 percent cheaper than petrol, which is why diesel car sales have zoomed to over 55 percent of the total 1.63 lakh units sold in May this year, up from mere 38 percent last year. Ford India had invested $72 million in adding 80,000 units of diesel engine capacity earlier in the year, Hyundai India added 50% to its capacity and Maruti Suzuki got 1,00,000 more units from Fiat for its diesel lineup.
“The difference between price of petrol and diesel is acting as an incentive for the diesel vehicle users/buyers,” Reddy wrote in his letter.

The justification for higher duty on diesel cars is that this subsidised fuel is being diverted to a section that can afford petrol cars but are opting for diesel-run ones, thereby benefiting from the subsidy scheme actually meant for the agriculture and transportation sectors. The oil ministry also needs additional revenue to help curb the under-recoveries of the oil marketing companies.

But as Firstpost noted earlier “If the government does decide to either impose a specific tax on diesel vehicles or increase excise duty, overall car sales will fall, especially since consumers are unlikely to flock towards petrol-engine models.

In fact auto stocks were the biggest losers as sentiments turned negative after the news of the steep Rs 2,55,000 additional tax.

Shares in Mahindra and Mahindra, which has a big portfolio of diesel cars were the worst hit, falling 1.6 percent at Rs 684.55. M&M has a big portfolio of diesel cars. Maruti Suzuki was down 1.5 percent, while Tata Motors was down 1 percent.

Diesel is the most consumed fuel in the country but is sold at a discount to its imported cost. The current diesel subsidy is Rs 12.53 per litre and on an annualised basis, these amounts to Rs 100,000 crore out of the total fuel subsidy, estimated at Rs 178,498 crore in the current fiscal.

The Oil Ministry argues that the additional amount garnered from the higher excise duty can be used to make good a part of the subsidy on diesel. The Kirit Parikh Committee on energy in 2010 had also suggested a one-time additional excise duty of Rs 80,000 on diesel cars, arguing that it would offset the higher excise duty on petrol.

http://www.firstpost.com/business/wh...ax-341642.html
gemsuresh no está en línea   Reply With Quote
Old June 13th, 2012, 09:04 AM   #5895
OldKool
Muaah!
 
OldKool's Avatar
 
Join Date: Dec 2010
Location: Lucknow, Hong Kong
Posts: 1,096
Likes (Received): 1150

It is an economic failure for whole of India that India's most populated stated will be a stable 5th in terms of GSDP in coming years, the prospects of growth in Up can really propel India's growth story.
OldKool no está en línea   Reply With Quote
Old June 13th, 2012, 11:14 AM   #5896
MeMumbaikar
Registered User
 
MeMumbaikar's Avatar
 
Join Date: Aug 2010
Posts: 3,705
Likes (Received): 53

UP has only itself to blame.

nobody is stopping you from electing somebody who has an economic vision.


This is exactly what i mean that income between rich and poor is not increasing. Income between states in increasing.


I mean look at SP promised, in its election campaign. No way is it going to do good.
__________________
Quote:
Originally Posted by sanjupalayat View Post
Because MeMumbaikar Ji speaks sense....
Quote:
Originally Posted by India101 View Post
It was Sudheesh not Sun who deleted it.
MeMumbaikar no está en línea   Reply With Quote
Old June 13th, 2012, 11:41 AM   #5897
OldKool
Muaah!
 
OldKool's Avatar
 
Join Date: Dec 2010
Location: Lucknow, Hong Kong
Posts: 1,096
Likes (Received): 1150

Quote:
Originally Posted by MeMumbaikar View Post
UP has only itself to blame.

nobody is stopping you from electing somebody who has an economic vision.


This is exactly what i mean that income between rich and poor is not increasing. Income between states in increasing.


I mean look at SP promised, in its election campaign. No way is it going to do good.
too simplistic ...majority of PMs of India have been from UP from Nehru to Indira Gandhi and Rajiv Gandhi..it has given chance to every TYPE of leader from every possible type of party at both national and provincial level...it always puts hopes on the dynamic and visionary of all the leaders(prima facie)..the fault lies in the sheer ignorance it has received on critical issues on the part of too much politics being played here..its political hegemony has kept development in the shadow.
OldKool no está en línea   Reply With Quote
Old June 13th, 2012, 11:43 AM   #5898
saysenthil
Registered User
 
Join Date: Sep 2009
Location: Kalpakkam / Hamburg
Posts: 3,026
Likes (Received): 1528

- Cross posting -

Quote:
Found a website where they have indicated the GDP's of Indian states......

In addition they have indicated several other parameters... Worth having a look once....

http://unidow.com/india%20home%20eng/statewise_gdp.html



saysenthil no está en línea   Reply With Quote
Old June 13th, 2012, 11:48 AM   #5899
saysenthil
Registered User
 
Join Date: Sep 2009
Location: Kalpakkam / Hamburg
Posts: 3,026
Likes (Received): 1528



And I see AP particularly to have an interesting stats....

On one side they have a huge growth rate and on the other side its a state which has received one of the highest grants from the centre. Wonder what would be the impact on its growth without assistance from the center!!!

Any thoughts??

saysenthil no está en línea   Reply With Quote
Old June 13th, 2012, 12:25 PM   #5900
MeMumbaikar
Registered User
 
MeMumbaikar's Avatar
 
Join Date: Aug 2010
Posts: 3,705
Likes (Received): 53

Quote:
Originally Posted by OldKool View Post
too simplistic ...majority of PMs of India have been from UP from Nehru to Indira Gandhi and Rajiv Gandhi..it has given chance to every TYPE of leader from every possible type of party at both national and provincial level...it always puts hopes on the dynamic and visionary of all the leaders(prima facie)..the fault lies in the sheer ignorance it has received on critical issues on the part of too much politics being played here..its political hegemony has kept development in the shadow.
the gandhis most certainly are not from UP

they may fight elections there but its like MMS being member of rajya sabha from assam.


ABV and VP singh fair enough you have a point.


In any case though governance at state levels matters more than centre for development. The centre can make decisions on the general economy. How to exploit those decisions fall the state.


For eg what is UP doing to get more FDI? You have Modi for eg bending over backwards to draw FDI and other investment to his state. I did not see any of that with any of the UP parties. National parties included.


Pace at which things are going even bihar will overtake UP in per capita income soon.
__________________
Quote:
Originally Posted by sanjupalayat View Post
Because MeMumbaikar Ji speaks sense....
Quote:
Originally Posted by India101 View Post
It was Sudheesh not Sun who deleted it.
MeMumbaikar no está en línea   Reply With Quote
Reply

Tags
economy, india

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT +2. The time now is 02:29 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Feedback Buttons provided by Advanced Post Thanks / Like v3.2.5 (Pro) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu