MP among lowest in per capita income
THE BJP Government may be harping on financial management in the last two years but on the basic parameter - the per capita income - Madhya Pradesh stands far behind national average. Worse, its position on this count has only worsened in the last one decade.Updated: Feb 23, 2006 11:40 IST
THE BJP Government may be harping on financial management in the last two years but on the basic parameter - the per capita income - Madhya Pradesh stands far behind national average. Worse, its position on this count has only worsened in the last one decade.
Against the national average of Rs 11799, per capita income in Madhya Pradesh stands at Rs 8284, which is Rs 3515 less than the national average, according to macro framework statement presented along with the budget 2006-2007. The State’s per capita income was Rs 6584 in 1993-94 against the national average of Rs 7690.
While the national average soared up to Rs 11,799 in 2003-04 at the rate of 4.37 per cent growth, the per capita income of the people of the State increased merely to Rs 8284 at the rate of 2.32 per cent in 2003-2004 against Rs 6584 of 1993-94. This means that the gap in the national and the State’s per capita income, which was Rs 1106 in 1993-94 increased to Rs 3515 in 2003-04.
Madhya Pradesh has failed to maintain the growth in this importance social indicator. Significantly, some of the BIMARU states like Rajasthan and Orissa have left Madhya Pradesh behind ion this count.
Even the younger sibling of Madhya Pradesh, Chhattisgarh, has higher per capita income and growth rate than Madhya Pradesh.
The State’s performance on this index is only slightly better than Uttar Pradesh and Bihar. “Another disturbing feature is that even the annual average compounded growth rate during 1993-94 and 2003-04 is lower than the national average, thus accentuating the unequal level of development,” said the State Government’s budget document.
Though the government officials claimed that the growth rate was affected adversely because of scanty rains and drought-like conditions in various parts of the State, the fact remains that neighboring states also faced these conditions yet maintained good growth rates.
The document presented along with the budget admitted, “As compared to national average of Rs 11,799, the per capita income of MP, Rs 8284 is much lower in the year 2003-04”.
First Published: Feb 23, 2006 11:40 IST