Per capita income rises while growth rate falls in state
The figures for the growth rate were 7.5% in 2015-2016, which decreased to 6.95% in 2016-2017 and the rate for 2017 was 6.5%.dehradun Updated: Feb 18, 2018 21:24 IST
As per the latest figures released by economics and statistics department, the per capita income of Uttarakhand has increased from 1.61 lakh per annum to Rs 1.77 lakh, which is above the national average of
1.11 lakh per annum.
Although this is heartening for the state, the matter of concern is that the growth rate is seeing a steady fall. Another alarming aspect is that while the plain districts like Dehradun, Haridwar, Udham Singh Nagar, with high per capita income, is leading to good figures when the average of the whole state is counted, the hill districts are still lagging behind.
The figures for the growth rate were 7.5% in 2015-2016, which decreased to 6.95% in 2016-2017 and the rate for 2017 was 6.5%.
Sushil Kumar, director of economics and statistics department of Uttarakhand government, said that the per capita income of Uttarakhand was going up through the years. He did agree to the fact that the growth rate was declining though not in very big measure.
“During assessment, we found that the per capita income in the plain areas of the state was higher than that in the mountainous districts,” he said.
VA Baurai, an economist working with Sri Guru Ram Rai College, said that there is nothing much in the increased per capita income.
“It is a simple case where the low income of the hill regions is compensated by the high income of the plain district to bring about a good average or per capita income”, said Baurai.
He further said that there is more economic and industrial activities in the pain districts and better avenues of employment.
“This leads to high earnings per family and individual, while the situation is totally different in the hill areas which lack industries and avenues of employment and are dependent on money order economy”, said Baurai. “There may be several factors like slowdown in industry and these need to be examined by the concerned departments,” he said.
First Published: Feb 18, 2018 21:24 IST