STATE GDP GROWTH RATES (%)



-Tamil Nadu has suffered the worst growth collapse among the 17 large states: from 13.12% in 2010-11 to just 4.14% in 2012-13, a fall of two-thirds.

- Bihar shows strong GDP figures. It maintains doubledigit growth and topping the states’ ranking in 2012-13 with 14.48%.

- Bimaru states — (Bihar, Madhya Pradesh, Odisha, Rajasthan, UP, Chhattisgarh and Jharkhand) — slowed much less than the advanced states of the west and south

- Growth in the Bimaru belt averaged a whopping 9.6% against just 5.6% for the west and south.

-Raghuram Rajan estimates that one-third of India’s GDP slowdown is due to the global slowdown.

-Tamil Nadu has slowed most, but Karnataka has also slowed from 10.15% in 2010-11 to 6.19% in 2012-13.

-Andhra Pradesh has almost halved its growth rate from 9.66% in 2010-11 to 5.04% in 2012-13.

- Kerala’s data for 2012-13 is not available. It is probably more resilient than the other southern states because of its big dependence on remittances from NRIs, which have not fallen.

- The western states also slowed in these two years, but not as sharply as in the south. Maharashtra slowed from 10.24% to 7.13%, a fall of onethird

-Gujarat’s data for 2012-13 is not yet available, but it has probably followed Maharashtra’s trajectory.