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Is Gujarat's red hot economy a myth?

LOL...You dont know?

That b!!!ch is on payroll of congress too mate, every thought who is funding her NGO from where all that money for coming from? lol..... no price for guess!! And, do you remember she got busted in best bakery case when eye witness confessed that she(teesta b!!!ch) is instigating them to give false statement in court ? And even court warned her on that!! Ever since then she is wrangling here and there like a ***re!!

Just curious. Of all the people opposing Modi, she is the most vociferous and it seems she has some score to settle with Modi. I remember in one TV debate she was warned by the BJP guest to address Modi as Mr. Modi or Honorable Modi as he is elected by the people rather than just Modi.
 
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He should hold his arm a little straighter and higher. :rofl:
 
Gujrat had already been a developed state before Modi took over, Gujrat's extraordinary growth story indeed is concocted.

Developing a relatively developed state at same pace as non developed one is comparatively difficult.You cannot take away credit from someone on that account.

1. I am no fan of Modi as Modi is myth, the progress if Gujarat is real and is not due to Modi.

Media always have a tenancy to inflate personas of people.This is true that modi's contribution in gujarat's development is not very high.The job he has done correctly is not getting in way of people who have capacity to develop gujarat but the other end of spectrum of modi being mass murdrer is also an inflated one.

2.This is a election year in Gujarat and in cheap politics all types of dirty news articles are publish.

True

1. Modi is a blue eye boy of Big corporates who controls the Media and thus Modi hype.

In a socialist country like India where crony Socialism is rampant,even a CM who is focussed on development which in my opinion is basic job of CM could become blue eye boy of corporates.
 
Hey people the article was fake..Another CON-gress propaganda to defame Modi..

the author back-tracked ..

this is my first post so I am unable to post the link..replace [dot] with [.] in the below link..soutik biswas backtracked..

www dot bbc dot co dot uk/news/world-asia-india-17919364

GUJARAT IS A RED HOT ECONOMY

This morning, a piece in Business Standard, one of India's most respected newspapers, caught my eye.

Examining data on the economic performance of Indian states during a seven-year-period (2004-11), AK Bhattacharya, editor of the newspaper, wrote that he was puzzled by the data on Gujarat.

Gujarat is ruled by Narendra Modi, one of India's most controversial 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 that Gujarat has been recording scorching double-digit growth, prompting even The Economist magazine to call it India's Guangdong. "Modi Means Business" said Time magazine when it put him on the cover recently.

Mr Bhattacharyya, however, wrote in Wednesday morning's edition of his paper that Gujarat's economy grew by 6.3% annually during this period, up from average growth every year of 3.6% - a relatively low base - 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 around 6% for the last seven years."

I wrote a blog post with a link to the piece wondering whether Gujarat's red-hot economic growth was an invention of the foreign media which has been written extensively about Mr Modi's reformist government.

I had also wondered whether there was something amiss with the data on Gujarat in the Business Standard article.

Indeed there was - and I have updated the blog post to reflect this.

Since I wrote my earlier version, Mr Bhattacharya has carried out some crucial corrections in his Business Standard article - the modified version appeared on the newspaper's website later in the day.

He has written that Gujarat actually clocked a growth rate of 10.08% annually during a seven-year period beginning 2004-05. That is obviously far 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) has seen the most stable of governments for the last several years. And yet, it has seen its growth hovering around 6% for the last seven years."

Double-digit growth, of course, puts Gujarat in the league of the high growth states in India. The doubts that I had about it after reading Mr Bhattacharya'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 state domestic product during the seven-year period from 2004-05? Only six states 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%, Tamil Nadu at 10.4%, Haryana at 10.1% and Gujarat at 10.08%."

In the amended version Mr Bhattacharya also adds that "Gujarat's story is well-known and shows what sustained growth-oriented policies can do to a state's economic fortunes".

There is a vigorous debate on whether such high growth is delivering adequate social development in Gujarat. It is a point which many believe is valid is for the whole of India. But Gujarat, going by the data, is indeed
 
The figures were incorrect in the original article. The correct figures that the article now refers to are

On top of that list is Uttarakhand at 13.2 per cent, followed, as expected, by Bihar at 10.9 per cent, Maharashtra at 10.7 per cent, Tamil Nadu at 10.4 per cent, Haryana at 10.1 per cent and Gujarat at 10.08 per cent.
http://www.business-standard.com/india/news/a-k-bhattacharya-india\s-breakout-states/473113/


But people are going to two extremes with either saying that Gujarat is the only economy in India that performs well or saying that there is nothing good in Gujarat at all.

Gujarat has been historically in the top 5 best performing states and that is a fact. The BJP has had a 2/3 majortiy government that has provided stability and Modi has done his bit to streamline the administration of the state. At the same time states like Maharahstra that have a bigger base and higher per capita income than Gujarat have been growing faster than Gujarat. Maharashtra also gets a much higher share of FDI inflows than Gujarat (real inflows not just MoUs).
http://www.rediff.com/business/slid...ottest-fdi-destinations-in-india/20101118.htm

Tamil Nadu also has a higher SGDP and per capita income than Gujarat and has grown faster despite its higher base.

If you look at other states leaving out the low base affects, then states like Bihar, Haryana have also got double digit growth rates.

Here are the nominal GDP growth rates for 2011
State Domestic Product of India 2011-12 | State-Wise GDP 2011 | District GDP of India | State-wise Population 2011 | VMW Analytic Services
 
it's all about election, someone want smear the achievement of Gujarat, that's easy understanding.
 
How could it change? :cheesy:

It has got to the point, where TV anchors in India are openly calling Modi a "mass murderer" on live television.

Even in the Western countries, that would be called libel and defamation, especially since the Indian judicial system has not found him guilty of anything. But in India, the Congress party lets them get away with anything as long as it is not about Sonia Gandhi.

CD is batting for modi, interesting
 
have you been to gujrath yourself?

No, I don't think I can ever travel to India. I won't say why because it will cause a flame war.

Results always speak for themselves though. I've never been to Brazil either, but their economic output data is there for everyone to see.

What do you think of Modi, and why?
 
Our neighbour who were gujurathis,came to bangalore few years back..they had some loss in thier buisness here,now they left for gujurath for better life and good buisness...
 

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