Not that they all are Indian states. Well, they are, but there is something unique that interlinks these states. It is their GDP growth rate. All these four states have registered GDP growth in excess of 9.5% between 2003 and 2012. What is noteworthy is the fact that they have been able to manage such high growth in last 2 years as well. This was the time when the country's growth rate as a whole took a backseat.
While we all have heard about Narendra Modi's administrative skills that have heralded Gujarat to the pinnacle of growth, what is worth mentioning is the performance of states like Sikkim and Uttarakhand. For Uttarakhand, agriculture is the key contributor to growth. However, it is interesting to note that services sector contributed to about 50% of the GDP in FY12. For Sikkim, too, agriculture is the greatest contributor towards growth. Off late, tourism has also started contributing. And for Harayana, manufacturing and services rule the roost. But despite the recent development, agriculture still remains a key contributor. While the role of agriculture is undisputed for these 3 states, which has helped them clock high growth, contribution from other avenues is also noteworthy. Probably, these 4 states are the 4 pillars of India growth story.
By J Mulraj
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