Inter Regional Variations in India

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Presentation transcript:

Inter Regional Variations in India Kamal singh Lecturer in Economics GCCBA-42 ,Chandigarh Email:kamalsingh84@gmail.com

National Income The total net value of all goods and services produced within a nation over a specified period of time, representing the sum of wages, profits, rents, interest, and pension payments to residents of the nation.

Trends for Interstate Variation in National Income and GDP There is vast variation amongst the Indian states w.r.t per capita income and their contribution to national income. 4. CONTRIBUTION OF STATES IN INDIA’S NDP High Income States % share in NDP MAHARASHTRA 13.3 % UTTAR PRADESH 8.0 % ANDHRA PRADESH 7.7 % WEST BENGAL 7.2 % GUJARAT 6.8 %

Per capita income of different states Low income states % share in NDP JHARKHAND 1.6 ASSAM 1.7 CHATTISGARH 1.8 ORISSA 2.4 BIHAR 2.7 Per capita income of different states High income states Per capita income (Rs p.a) Low income states Per capita income (Rs p .a) GOA 1,05,582 BIHAR 11,135 HARYANA 58,531 UTTAR PRADESH 16,060 MAHARASHTRA 47,051 MADHYA PRADESH 18,051 GUJARAT 45, 773 JHARKHAND 19,928 PUNJAB 44,923 ORISSA 23,403

Causes for Inter Regional variations Historical Factors Geographical factors Location Advantages Failure of economic planning Marginal effect of Green revolution Political instability