What's new

Indian Economy-News & Updates

How is the plan?

  • Good

    Votes: 161 61.7%
  • Average

    Votes: 53 20.3%
  • Poor

    Votes: 47 18.0%

  • Total voters
    261
Waiting for the day Tamil Nadus (economy 210 billion usd) in 2015 surpasses that of Pakistan ...currently the state is growing almost twice as fast as Pakistan( 285 billion usd in 2015) ..!!
 
Waiting for the day Tamil Nadus (economy 210 billion usd) in 2015 surpasses that of Pakistan ...currently the state is growing almost twice as fast as Pakistan( 285 billion usd in 2015) ..!!

Please can you provide proof that the nominal GSDP of Tamil Nadu is $210bn in 2015, say from a indian government source.

Tamil Nadu has a population of 78m and pakistan has a population of 202m. The closest indian state in population and other areas is UP....why not compare pakistan with UP?
 
Last edited:
Please can you provide proof that the nominal GSDP of Tamil Nadu is $210bn in 2015, say from a indian government source.

Tamil Nadu has a population of 78m and pakistan has a population of 202m. The closest indian state in population and other areas is UP....why not compare pakistan with UP?

GDP of UP was 150 Billion in 2014-15
Population of 204 Million .
 
GDP of UP was 150 Billion in 2014-15
Population of 204 Million .

Thats a better comparison.

UP:

Population: 204 million
GDP (2014-15): $150bn

Pakistan:

Population: 201 million
GDP (2014-15): $250bn

So the question arises, why compare pakistan to tamil nadu?
 
Please can you provide proof that the nominal GSDP of Tamil Nadu is $210bn in 2015, say from a indian government source.

Tamil Nadu has a population of 78m and pakistan has a population of 202m. The closest indian state in population and other areas is UP....why not compare pakistan with UP?

Small correction , it must be 2015-2016 , not 2014 ....well I don't know about exact 2015-2106 figures , they are yet to be released , I was merely quoting some industry journals which quote the figure ...but It is closer to the truth ....TN had a gsdp of 11.3 lakh crore in 2014-2015 , with a net growth of 8.8 last year , so the assumption is that the gross has grown equally or much more ...the quot d figures are , to be exact 13.842 lakh crore in 2015-2016 ..slightly less than 210 billion dollars , but more than 200 billion dollars

Just fyi, Tamil Nadu has a bigger GDP than Uttar Pradesh , I know what you are trying to say , that states with similar population should be compared,but nothing wrong in comparing similar gdps


http://www.esopb.gov.in/static/PDF/GSDP/Statewise-Data/state wise data.pdf
 
Small correction , it must be 2015-2016 , not 2014 ....well I don't know about exact 2015-2106 figures , they are yet to be released , I was merely quoting some industry journals which quote the figure ...but It is closer to the truth ....TN had a gsdp of 11.3 lakh crore in 2014-2015 , with a net growth of 8.8 last year , so the assumption is that the gross has grown equally or much more ...the quot d figures are , to be exact 13.842 lakh crore in 2015-2016 ..slightly less than 210 billion dollars , but more than 200 billion dollars

Just fyi, Tamil Nadu has a bigger GDP than Uttar Pradesh , I know what you are trying to say , that states with similar population should be compared,but nothing wrong in comparing similar gdps


http://www.esopb.gov.in/static/PDF/GSDP/Statewise-Data/state wise data.pdf

If you want to compare an indian state to pakistan, then compare like for like. TN is an above average state in india and based in the south. The best comparrison is UP, which has a similar population, I know your trying to show how weak the pakistan economy is by comparing it with above average fast growing region of india.

Why not compare TN to Taiwan, or Singapore or South Korea?
 
If you want to compare an indian state to pakistan, then compare like for like. TN is an above average state in india and based in the south. The best comparrison is UP, which has a similar population, I know your trying to show how weak the pakistan economy is by comparing it with above average fast growing region of india.

Why not compare TN to Taiwan, or Singapore or South Korea?

Obviously , I was making a regional comparison , and not to put Pakistan in a bad light
Ok you want comparison , you got comparison ...Tamil Nadu (and A few other states like KA,MH,AP,TG,GJ, etc)is growing at th same rate as the Asian tigers like Taiwan and South Korea grew in their 70s and their 80s :angel:
 
Last edited:
Obviously , I was making a regional comparison , and not to put Pakistan in a bad light
Ok you want comparison , you got comparison ...Tamil Nadu (and A few other states like KA,MH,AP,TG,GJ, etc)is growing at th same rate as the Asian tigers like Taiwan and South Korea grew in their 70s and their 80s :angel:

Get back to me when TN has a comparable per capita GDP to either Taiwan or South Korea. Having the fastest GDP growth means very little when your base is so low to begin with.
 
Get back to me when TN has a comparable per capita GDP to either Taiwan or South Korea. Having the fastest GDP growth means very little when your base is so low to begin with.

Lol ..you asked me to make a comparison , and then when I make the comparison you tell me to get back to you at a later Date :lol:....
 
Lol ..you asked me to make a comparison , and then when I make the comparison you tell me to get back to you at a later Date :lol:....

Not really much of a comparison is it? Taiwan (GDP $530bn and $24,000 per capita), South Korea (GDP $1380bn and $27,400 per capita) to Tamil Nadu (GSDP less then $200bn and per capita $2,900)....:)

Keep trying.....:cheers:
 
Not really much of a comparison is it? Taiwan (GDP $530bn and $24,000 per capita), South Korea (GDP $1380bn and $27,400 per capita) to Tamil Nadu (GSDP less then $200bn and per capita $2,900)....:)

Keep trying.....:cheers:

Whatever buddy ..i have no problems about indian states being baxkward as conpared to taiwan or south korea ..im happy knowing that several of my country's states are following the Asian tiger model of growth ..we Will keep trying , actually we will keep doing ie growing at near 10 percent per annum until each of our large states achieve gdp levels of Germany or France and we may perhaps even better them .because we have the demographic dividend working on our side ..☺...as for your comment about Uttar Pradesh , The state is yet to even reach its potential as a growth engine ...when it does that,it will be the largest gdp state in India !!!
 
Last edited:
Indian Railways to invest Rs 1,000 crore on new tracks beyond Agartala

By IANS | Jan 12, 2017, 04.42 PM IST
Post a Comment

indian-railways.jpg

The Indian government has been extending railway line up to Tripura's border town Sabroom to get access to Bangladesh's international Chittagong sea port, which is just 75 km from Sabroom.

AGARTALA: The Northeast Frontier Railway (NFR) has invested around Rs 1,000 crore to extend the railway line beyond Tripura capital Agartala and up to the state's southern temple city Udaipur, a top official said here on Thursday.

The NFR would start two pairs of passenger train services on the newly constructed Agartala-Udaipur route from January 20, fulfilling the long-pending demands of the people of southern Tripura.

According to NFR's Chief Public Relations Officer Pranav Jyoti Sharma, the passenger trains would run six days a week, except on Sundays.

"The NFR has invested over Rs 1,000 crore to extend the 44.76-km railway lines up to Udaipur (district headquarters of Gomati district). We have completed laying of railway tracks up to Udaipur before schedule of March 2017," NFR Chief Engineer Harpal Singh told IANS over phone from Guwahati.

He said: "The railway line would be extended up to south Tripura district headquarters Belonia by this year end or early next year. By March 2019, southern Tripura's last border town Sabroom would be connected by railway network."

Singh said that two major tunnels would be constructed for the Belonia and Sabroom lines.

The Indian government has been extending railway line up to Tripura's border town Sabroom to get access to Bangladesh's international Chittagong sea port, which is just 75 km from Sabroom.

Tripura Chief Minister Manik Sarkar said: "After the Indian Railways extends its rail line up to Sabroom, it would be very easy to connect with the Chittagong international sea port in southeast Bangladesh."

"After extending the railway line to Sabroom, Tripura and the entire northeast India would be linked with southeast Asia very easily," Sarkar told IANS.

The extension of the erstwhile metre-gauge track up to Agartala brought Tripura capital city on India's rail map in October 2008. Subsequently the metre-gauge track was converted into broad-gauge track.

The long-awaited passenger train services between Agartala, New Delhi and Kolkata began on July 31 and October 8 last year respectively.

NFR Chief Engineer Singh said that the single track 227-km metre-gauge link -- Badarpur (south Assam) to Agartala -- was converted into broad-gauge track earlier last year at a cost of Rs 2,016 crore.

The NFR is now laying a broad-gauge track for the 112-km Agartala-Sabroom line -- to be completed by March 2019 -- at a cost of Rs 3,351 crore.

Sabroom, 135-km (by traditional road) south of Agartala, is southern Tripura's border town adjoining Bangladesh.

Meanwhile, the NFR has already undertaken work to lay a 15-km rail track to connect Agartala with Bangladesh's railway station Akhaura, an important rail junction there.

Railway Minister Suresh Prabhu and Bangladeshi Rail Minister Majibul Haque jointly laid the foundation stone here on July 31 last year for Agartala (India) - Akhaura (Bangladesh) railway project.
http://economictimes.indiatimes.com...com&utm_medium=referral&utm_campaign=ETTWMain
 
Modi-Prabhu Duo’s Plan To Revamp India’s Dilapidated Railway Stations Take Shape
Swarajya Staff - Jan 10, 2017, 4:49 pm
Shares 975

Modi-Prabhu Duo’s Plan To Revamp India’s Dilapidated Railway Stations Take Shape
Prime Minister Narendra Modi, who is on a two day visit to his home state, laid the foundation stone for the redevelopment of Gandhinagar Railway station yesterday (9 January). This project is a part of the prime minister’s plan to redevelop more than 400 railway stations in the country by taking a holistic approach.

Gandhinagar railway station development plan envisages to develop not only the station but also build a 300 room five star hotel in the airspace above the railway track. The station complex will also include international convention and exhibition centres which have hosted Vibrant Gujarat Global Investor Summit. Segregating the arrival and departure of passengers is an important aspect of the centre’s stations redevelopment plan and this station will also see it getting implemented. The project will be developed at an estimated cost of Rs 250 crore.

http://quintype-01.imgix.net/swarajy...eg&auto=format
Gandhinagar station timeline

Gandhinagar station is not alone. Redevelopment of Habibganj, Surat, Anand Vihar, Bijwasan, Chandigarh, Shivajinagar are in different stages of planning and execution. Stations such as Gwalior, Baiyappanahalli, Gandhinagar (Jaipur station), Amritsar and Nagpur have also been entrusted to Indian Railway station Development Corporation (IRSDC). Railways is also looking to auction 20 major stations for redevelopment this month. It will invite bids from developers and an expert committee will pick the developer who has submitted the best proposal.

The selected developer can undertake the development of the station and will have to complete the process in three years after which he can operate for 12 years under the operations and maintenance (O&M) contract. Developer will have to transfer the station to the railways. They will get eight years to develop the real estate around the station and then will be allowed to lease it for 45 years. (The period is not fixed and will vary with the developer and station. For instance, commercial developer of Surat station has got the lease for 90 years).


1.PNG

Surat proposed model station. (Source: IRSDC) Surat proposed model station. (Source: IRSDC)

2.png

Surat proposed model station. (Source: IRSDC) Surat proposed model station. (Source: IRSDC)

3.png

Surat proposed model station. (Source: IRSDC) Surat proposed model station. (Source: IRSDC)
The Modi government wants to revamp over 400 railway stations in the country. In July 2015, the Union Cabinet had given its approval for redevelopment of the railway stations on 'as is where is' basis which will make it possible to accelerate the process. These stations are mostly in metros, cities, important pilgrimage sites and major tourist spots. These have been classified into two categories: A1 and A. Top 86 stations fall under the former while the rest have been included in the later.

Since, ‘one size fits all’ solution of redevelopment cannot be applied to all the 400 stations, the government thought it appropriate to deal with their development individually. For this purpose, the government had awarded the contract last year to Boston Consulting Group (BCG) for Rs 8 crore to recommend to it the best way to redevelop stations. BCG evaluated the commercial potential of stations and gave its assessment to the government.

The plans for the redevelopment of stations include building an iconic structure with modern state-of-the-art facilities. The complexes will have a parking lot aimed at easing the congestion and will provide non-conflicting entry/exit to the station premises. Segregation of arrival/departure of passengers is also a part of the revamp plan. The government also wants developers to build adequate concourse without overcrowding which would mean building it above the platforms and rail lines. Of course, the concourse will have enough space for essential facilities such as catering, small retail, wash rooms, cloak rooms, drinking water, ATM, pharmacy, internet, etc.

But perhaps the most important aspect is the plan to integrate the railways stations with other modes of transport systems e.g. Bus, Metro, etc. While designing the station, future expansion of platforms/lines etc. will also have to be taken into account. The government is looking at the next forty years and wants these revamped complexes to be the nerve centres of the future smart cities.

The projects of redevelopment of various stations across the country are in different stages of planning and execution. The pace is slow. It is highly unlikely that the government will be able to revamp all the stations by its term-end. However, this is not something that can be achieved in a short span. The redevelopment of all these stations will mean pumping thousands of crores and the centre will have to work in partnership with the state governments which may or may not share Railway ministry’s enthusiasm for these projects. So, a lot depends on how best the governments can work together and how fast the developers can deliver these projects on time.

Since, all stations will have to be planned and developed individually, this inevitably means more time will be needed than it would’ve been otherwise required. Once the developers are chosen and all the permissions are in place, it shouldn’t take long to complete the process of revamp.

Two Uttar Pradesh stations among 23 to be revamped under railway modernisation programme
In return, the developer would be granted 45 years' leasing rights for the commercial properties developed at these stations.
PTI | New Delhi | Published:January 13, 2017 11:15 pm
indian-railways-759.jpg
Photo for representational purpose.
Two major railway stations in poll-bound Uttar Pradesh will be among the 23 stations the railways has targeted to revamp under the second phase of its mega modernisation programme slated to kick off later this month. On the day of the big launch, tenders for modernisations of the 23 stations including Kanpur Central and Allahabad in Uttar Pradesh will be floated as well.
Besides the two, other stations include Lokmanya Tilak, Pune, Thane, Visakhapatnam, Horah, Kamakhya, Faridabad, Jammu Tawi, Udaipur City, Secunderabad, Vijaywada, Ranchi, Chennai Central, Kozhikide, Yesvantpur, Bangalore Cantt, Bhopal, Mumbai Central, Bandra Terminus, Borivali and Indore.A senior official in the railway ministry also said work is likely to commence on revamping Habibganj Railway Station-the first station to be redeveloped under the programme- next week with a formal ceremony marking ground breaking.

The firm developing the station has obtained financial closure or loans totalling Rs 400 crores for the facelift at Habibganj. The financial model for redevelopment work across stations has been devised in a way that the government doesn’t incur any expenditure as the developer would be rebuilding the railway stations and maintaining it for 15 years.

In return, the developer would be granted 45 years’ leasing rights for the commercial properties developed at these stations. The stations are being awarded to private developers under the so-called Swiss challenge method, which involves inviting a proposal online and allowing rival bidders to beat that proposal. These 23 stations will be the second batch of stations being redeveloped. The first set of stations were Habibganj, Surat, Anand Vihar, Bijwasan, Chandigarh, Jaipur, Mohali and Gandhinagar whose modernisation has been entrusted to Indian Railway Station Development Corporation (IRSDC).

http://indianexpress.com/article/in...nder-railway-modernisation-programme-4473116/
 
Whatever buddy ..i have no problems about indian states being baxkward as conpared to taiwan or south korea ..im happy knowing that several of my country's states are following the Asian tiger model of growth ..we Will keep trying , actually we will keep doing ie growing at near 10 percent per annum until each of our large states achieve gdp levels of Germany or France and we may perhaps even better them .because we have the demographic dividend working on our side ..☺...as for your comment about Uttar Pradesh , The state is yet to even reach its potential as a growth engine ...when it does that,it will be the largest gdp state in India !!!

Good luck, hope you live long enough to see the day when each of your states achieve the GDP levels of Germany or France. I won't be holding my breathe though.
 
Back
Top Bottom