New Delhi: Maharashtra, West Bengal and Tamil Nadu– home to India’s 3 biggest commercial collections in the 1960s– have actually seen their ton of money ultimately split when it involves their share of the nationwide economic situation considering that 1960-61, with Mamata Banerjee- led state encountering the steepest decrease– particularly after she came to be the Chief Minister in 2011, a brand-new paper by the Economic Advisory Council (EAC) to the Prime Minister revealed onTuesday
While Maharashtra clocked generally consistent efficiency throughout the 1960-61 to 2023-24 duration, West Bengal’s share has actually remained in constant decrease while Tamil Nadu, after a mid-way decrease, got post-1991, according to the EAC-PM paper which checked out the family member efficiency of states in regards to their share of the nationwide economic situation and their per head GDP according to cent of the nationwide standard.
West Bengal, which held the third-largest share of nationwide GDP at 10.5 percent in 1960-61, currently makes up just 5.6 percent share in 2023-24. The state had a 6.7 percent share in the country’s economic situation in 2010-11 when Mamata Banerjee presumed centimeters’s workplace.
“It (West Bengal) has seen a consistent decline throughout this period. West Bengal’s per capita income was above the national average in 1960-61 at 127.5 per cent, but its growth failed to keep pace with national trends. As a result, its relative per capita income declined to 83.7 per cent in 2023-24, falling below that of even traditionally laggard states like Rajasthan and Odisha,” the paper exposed.
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Maharashtra’s financial efficiency has actually stayed fairly consistent throughout the duration, regardless of a mild decrease in its share over the last years.
