A.P. ranked first, with 10.5% growth

Surpasses developed States like Maharashtra, Gujarat with ‘focused approach’

October 29, 2018 09:52 am | Updated 09:52 am IST - VIJAYAWADA

Andhra Pradesh registers quantum jump in per capita income.

Andhra Pradesh registers quantum jump in per capita income.

Andhra Pradesh has achieved the number one rank in the country with an average growth of 10.5% during the last four years.

It has surpassed many developed States such as Maharashtra and Gujarat following a “focused approach” and setting high targets for itself.

According to the State Planning Department, the average growth in the country stood at 7.3% during the last four years.

Probably, Andhra Pradesh is the only State to clock the double-digit growth rate.

While Telangana has slipped to the second place, Maharashtra is ranked sixth. Punjab is placed 14th and Karnataka third.

The growth in Andhra Pradesh was 9.2% in 2014-15, the year of bifurcation. Later, it was ranked second. In the subsequent year, it achieved a double-digit growth of 10.6% though its rank had slipped to the 4th place.

Double-digit progress

Since then, the State has been achieving double-digit growth rates.

Gujarat, which is considered the most developed State, registered a growth of 10.5% in 2014-15. But it slipped to 10.1 in 2016-17. The data pertaining to 2017-18 is not available.

Telangana, which registered 6.8% growth in 2014-15 could achieve 10.4% in 2017-18, officials said.

The Per Capita Income (PCI) also increased by more than ₹40,000 during 2017-18 in the State, which started its journey with “the lowest PCI of ₹93,903” in the southern States.

The PCI crossed the ₹1 lakh mark in 2015-16. The trend has been upward since then.

The PCI grew to ₹1,08,163 in 2015-16 and to ₹1,23,664 in 2016-17 and ₹1,42,054 in 2017-18.

Planning Secretary Sanjay Gupta said Andhra Pradesh, with a population of 4.96 crore (as per 2011 census), was placed 9th in the country with a PCI of ₹1.24 lakh in 2016-17 against ₹1.07 lakh in 2015-16.

Compared with the all-India PCI of ₹1.13 lakh in 2017-18, there is a quantum jump in the State’s PCI in 2017-18 and 2015-16.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.