amazing figures and what an eye opener this report is:
UP's NSDP at current prices was pegged at Rs 2,56,000 crore in 2005-06. At the end of 2009-10, it had reached Rs 4,53,000 crore. The Mayawati-ruled state has performed on a par with Narendra Modi's Gujarat, which saw its economy expand from Rs 2 lakh crore in 2005-06 to Rs 3.70 lakh crore last year.
the figures above say it all.
awesome is the word from me, and what this also shows is how biased media can be in its reporting. its as if mayawati can only be about statues, buddhism, lower cast politics, reservation politics and no more. i am for one stunned, and pleasantly!
if this is what mayawati has to offer, i would say she needs to get a thumping majority in the forth coming UP elections, the UP electorate better do the honours.
yesterday i made a post, quoting the relevant part:
how much i wish we have a political party which without any inhibitions would talk reforms and initiate them, possibly this is where narender modi can come to india's rescue but i am really not convinced people who go to cast their votes even think in terms of the economy of the country.
i was about to say, if mayawati can fit the bill on economic reforms, i would more than gladly, if given a chance, vote for her, didnt say that since i thought that would look sarcastic, but then mayawati indeed has made a very strong point without any sort of hype.
gujarat cant be out rightly written off.
yes, the state has faltered on the fdi numbers, where every two years gujarat has had the non-resident gujarati conclave where by now close to a trillion dollars have been committed and most of it in terms of fdi, and the last one was the 3rd such conclave, but none of that has transformed in to fdi inflow.
check this:
http://dipp.nic.in/fdi_statistics/india_FDI_April2011.pdf (figures are till april '11)
gujarat comes a distant 5th, and the state at number 6, andhra pradesh, in the last over 2years has done much better which shows gujarat in the initial years had a head start over quite a few other states.
but, gujarat has become a favourite destination of investment within india, led by the domestic industry and as this is happening we are seeing a transformation where industry within india is moving to gujarat, TATA's from WB, Maruti-Suzuki from gurgaon/manesar, etc. incidently when suzuki moves within india from gurgaon/manesar to gujarat, that investment wont be accounted for as fdi, but yes will show in over all investment data of the state.
India's most preferred investment destinations - Rediff.com Business
when the likes of ratan tata say, if you are not in gujarat, you are not in the right place or mukesh ambani if full of acculades for gujarat and narendera modi or when sunil mittal suggests modi's name for the PM's post, these people certainly mean it very seriously.
Plugwater,
for north to reach a position to compete with the southern states, its a must that india starts to have a roaring trade with pakistan and then pakistan provides a transit facility, else the the north, which is pretty much land locked, will keep suffering despite all the potential it holds and this is for the exact reason why the pakistanis have done the MFN deal with india because their punjab which is the most inhabited is pretty much landlocked and for them to prosper, increased trade with india becomes of essence.
so irrespective of punjab, uttrakhand having tons of potential, the two states and others in the north will keep facing hurdles, and still these states have done much better.
what the northern states would prefer is a FTA with pakistan.
