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CLSA Report: GUJARAT - The Silver Lining
2 páginas
Publicado por
littrell
CLSA Report: GUJARAT - The Silver Lining
On the eve of the 20th anniversary of commencement of reforms – July 1991 was
Manmohan Singh’s first speech as FM – On the road travelled to Gujarat for two
days.
A near 10 % growth in...
[Mais]
CLSA Report: GUJARAT - The Silver Lining
On the eve of the 20th anniversary of commencement of reforms – July 1991 was
Manmohan Singh’s first speech as FM – On the road travelled to Gujarat for two
days.
A near 10 % growth in agriculture for over a decade, rapid industrialisation and
long-term results focussed government is driving Gujarat’s growth, a state that
started with some historical advantages.
When rest of India is feeling hemmed in by
scams, corruption and policy paralysis, in Gujarat you consistently hear of clean
administration, responsive bureaucracy and a progressive government focussed on
long term development of the state with long term stated policy goals.
Gujarat’s
success could well provide the template for India.
A legacy of strong growth
• Between 2002-2007, industry grew at 12.
5% (India manufacturing growth –
8 %).
Between 2005 and 2010, Gujarat’s real GDP growth was 11.
3% (India 8.
7%).
• Over the last decade, agriculture has grown at nearly 10 % per annu
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