Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword
Like this
4Activity
0 of .
Results for:
No results containing your search query
P. 1
BBC News - Gujarat is a Red Hot Economy - Changed

BBC News - Gujarat is a Red Hot Economy - Changed

Ratings: (0)|Views: 8,943 |Likes:
Published by Vijay Right
This is the changed BBC article - See the Headline - Gujarat IS a Red Hot Economy
This is the changed BBC article - See the Headline - Gujarat IS a Red Hot Economy

More info:

Published by: Vijay Right on May 03, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

07/10/2013

pdf

text

original

 
BBC News - Gujarat IS a red hot economyhttp://www.bbc.co.uk/news/world-asia-india-17919364[5/3/2012 12:24:01 AM]
PIN BBC TO YOUR TASKBAR BY DRAGGING THIS ICON TO THE BOTTOM OF THE SCREEN
Close
INDIA
Top Stories
Features & Analysis
Is it legal to give sanctuary to adissident?
When a fugitive Bin Laden cameto dinner
How well travelled are youcompared with the Queen?
Greek voters look to newgeneration
2 May 2012
 Last updated at17:44 GMT
This morning, a piece in Business Standard, one ofIndia's most respected newspapers, caught my eye.
Examining data on the economic performance of Indianstates during a seven-year-period (2004-11), AKBhattacharya, editor of the newspaper, wrote that he waspuzzled by the data on Gujarat.Gujarat is ruled by Narendra Modi, one of India's mostcontroversial politicians, who has modelled himself as a no-nonsense economic reformer of one of India's fastest-growing states.In March, a senior minister of his cabinet told me thatGujarat has been recording scorching double-digit growth,prompting even The Economist magazine to call it India'sGuangdong.
said Time magazinewhen it put him on the cover recently.Mr Bhattacharyya, however, wrote in Wednesday morning'sedition of his paper that Gujarat's economy grew by 6.3% annually duringthis period, up from average growth every year of 3.6% - a relatively lowbase - in a 10-year period ending in 2003."It has seen the most stable of governments for the last several years,"Mr Bhattacharya wrote. "And yet, it has seen its growth hovering around6% for the last seven years."I wrote a blog post with a link to the piece wondering whether Gujarat'sred-hot economic growth was an invention of the foreign media which hasbeen written extensively about Mr Modi's reformist government.I had also wondered whether there was something amiss with the data onGujarat in the Business Standard article.Indeed there was - and I have updated the blog post to reflect this.
Delhi correspondent
Gujarat IS a red hot economy
Mr Modi has become synonymouswith Gujarat's growth
Related Stories
412Share
Search
 
BBC News - Gujarat IS a red hot economyhttp://www.bbc.co.uk/news/world-asia-india-17919364[5/3/2012 12:24:01 AM]
Most Popular
Elsewhere on the BBC
Since I wrote my earlier version, Mr Bhattacharya has carried out somecrucial corrections in his Business Standard article -
.He has written that Gujarat actually clocked a growth rate of 10.08%annually during a seven-year period beginning 2004-05. That is obviouslyfar better than the 6.3% growth that he mentioned in the earlier version.He has also taken out a paragraph in which he wrote: "It (Gujarat) hasseen the most stable of governments for the last several years. And yet, ithas seen its growth hovering around 6% for the last seven years."Double-digit growth, of course, puts Gujarat in the league of the highgrowth states in India. The doubts that I had about it after reading MrBhattacharya's piece have now been clarified by the writer himself.He writes in the modified piece:"… which are the states that clocked double-digit growth in its gross statedomestic product during the seven-year period from 2004-05? Only sixstates will make that list. On top of that list is Uttarakhand at 13.2%,followed, as expected, by Bihar at 10.9%, Maharashtra at 10.7%, TamilNadu at 10.4%, Haryana at 10.1% and Gujarat at 10.08%."In the amended version Mr Bhattacharya also adds that "Gujarat's storyis well-known and shows what sustained growth-oriented policies can doto a state's economic fortunes".There is a vigorous debate on whether such high growth is deliveringadequate social development in Gujarat. It is a point which many believeis valid is for the whole of India. But Gujarat, going by the data, is indeeda red-hot economy.
Comments
Sign inorregisterto comment and rate comments. All posts arepre-moderatedand must obey thehouse rules. Order by: Oldest First Highest Rated Lowest Rated 1.sanjay1ne 
8 HOURS AGO
Delhi correspondent
07:44 UK time, Monday, 30 April 2012India will be watching how its cricketing god Sachin Tendulkar bats as amember of parliament.
More on This Story
Related Stories
 
01 MARCH 2012
,
INDIA
 
19 SEPTEMBER 2011
,
SOUTH ASIA

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->