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Bhopal:
Following committed efforts made over last six-seven years, the
Bharatiya Janata Party ruled Madhya Pradesh, is now poised to
emerge as an economic giant.
According to an American firm, Dun
Bradstreet "India 2020", Madhya Pradesh will be contributing
significantly to the economic growth of India.
An official Press release on Sunday
said that in 2007, at the Global Investors' Summit at Indore,
leading industrialists Anil Ambani had also said that Madhya
Pradesh with immense natural wealth, central geographical location
and a committed government, should be prepared to play a leading
role in economic growth of the country.
Both these predictions seem to be
prophetic, given the fact that Madhya Pradesh has been registering
impressive economic growth rate over last six-seven years. The
economic growth rate (GSDP) of the State was a negligible 3 per
cent in year 2004-05. As per the assessment made using the
available data through the method evolved by Government of India,
the economic growth rate has been assured at 9 per cent in year
2010-11.
This achievement assumes added
significance given the fact that the State witnessed heavy damage
to Arhar, Gram and linseed crops due to frost in January and 26
per cent deficient rainfall in 2010-11. In the preceding year
2009-10, the State posted a remarkable 9.55 per cent economic
growth rate defying a no less than 35 per cent deficient rainfall.
It may be mentioned here that the
area under gram increased 3.3 per cent but the production was 16.6
per cent less. The area under Arhar crop increased by 48.3 per
cent, but the fall in production was 36.1 percent. Similarly,
linseed was sown in 16.4 per cent more area, but the production
was 13.2 per cent less. All this thanks to frost.
It also deserves a special mention
that in year 2009-10, the agriculture growth rate was 7.2 per cent
while the national average agriculture growth rate was negligible.
The industrial growth rate during the period was 10.1 per cent.
In comparison to large States with
higher economic growth rate, in 2009-10 Madhya Pradesh was third
after Orissa and Chhattisgarh and in 2010-11 also at third place
after Bihar and Chhattisgarh.
As per an all India survey for
poverty assessment, the per capital consumption in rural Madhya
Pradesh is higher than five major States Bihar, Chhattisgarh,
Orissa, Uttar Pradesh and Jharkhand.
In urban Madhya Pradesh, the per
capita consumption is higher than six States. These include
Rajasthan in addition to the above mentioned five States.
(pervezbari@eth.net)
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