ET Commentary

Which states are pulling down India's economic growth? This may give you an idea

Which states are pulling down India's economic growth? This may give you an idea
Agencies

Comparing growth rates both across states for the first and second halves of the last decade, no systematic evidence of convergence is found.

Synopsis

It may be heartening to see some of the low-income states catching up rapidly. But there is a list of those who are caught in a funk of low per-head incomes and low growth. In the absence of any meaningful 'convergence', they will persistently pull the national average down.

By & , ET CONTRIBUTORS
7 mins read, Last Updated:
There has been much discussion recently about how India is emerging as the fastest-growing major economy in the post-pandemic world. There are more nuanced versions of championing India's growth renaissance. India's per-capita income growth, as a couple of economists have highlighted, is likely to beat China's for the foreseeable future. Cynics might groan that with per-capita income more than double that of India - $21,290 for China, $8,293 for

To Read the Full Story, Become an ET Prime Member

Access the exclusive Economic Times stories, Editorial and Expert opinion

Subscribe Now

Monsoon Offer

Get flat 20% off

on ETPrime membership

Membership Benefits

Access the exclusive Economic Times

Stories, Editorial & Expert opinion

Complete Access with ET Prime

Experience your Economic Times newspaper, The way you've always liked!

Get to know where the market gurus invest & grow your portfolio.

Stock Report Plus

In-depth stock analysis for 4000+ companies

Stock Analyzer

Instant stock analysis based on Solvency, Profitability, Growth, Valuation, Momentum, Risk & More.

Now Available with ET Prime

Manage your money efficiently with this weekly guide.

Clean experience

with minimal ads

Easy & distraction-free reading with 90% less ads

Sharp Insight-rich,

In-depth stories across 20+ sectors

1500+ Exclusive stories & analysis across sectors to help you stay informed

Get One Year Times Prime Subscription worth ₹1199 for free

Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-

Enjoy unlimited access to breaking news and thought provoking stories from all around the world.

Get One Year Docubay Subscription worth ₹999 for free

Stream award-winning international documentaries from more than 100 countries.

Offers By Our Partners

Exclusively for ET Prime Members

Members Love Us

The stalwarts of the industry trust ET Prime for insightful analysis & unbiased thought pieces

Gift a story

Your membership includes Story Gifting Credits. Now gift exclusive stories to your friends & peers.

Comment & Engage

with ET Prime community

Communicate & build a connection with great minds of the industry

A trusted team of

Journalists & Analysts

Unbiased perspective & detailed reporting by our team of journalists who have in-depth knowledge and years of experience