While hands shape clay, thoughts shape mind. Many thoughts come the way of a journalist, and churning goes on continuously. During this process of churning, one feels need to share with others his understanding of various subjects. This thought of sharing propelled me to create this blogspot.
Nagpur becomes 'lakhpati' in per capita district income
Get link
Facebook
X
Pinterest
Email
Other Apps
Published in The Hitavada CityLine on March 20, 2013
Nagpur becomes ‘lakhpati’ in per capita district income
* Nagpur district figures among six districts across Maharashtra having over Rs
1 lakh per capita district income
* Last year, Nagpur’s per
capita district income was Rs 96,458
By Kartik Lokhande
MUMBAI, March 19: It is ‘Advantage
Vidarbha’ in real sense, at least the Economic Survey of Maharashtra for the
year 2012-13 shows it on record. The important report that indicates economic
scenario has listed Nagpur among top six districts across the State that have
per capita district income of Rs 1 lakh or above.
Not only Nagpur, but Naxal-affected
Gadchiroli district also has shed its dubious distinction of being the most
backward district of Maharashtra. As per the Economic Survey, Gadchiroli zoomed
past Nandurbar and Hingoli with per capita district income of Rs 48,311. Thus,
it has moved up to 32nd rank among 34 districts in per capita
district income, from the previous 34th rank. The story is not
restricted to Nagpur and Gadchiroli only, but there is improvement in economic
indicators for all the districts of Vidarbha region.
With Chief Minister
Prithviraj Chavan giving a strong push to ambitious project of Multimodal
International Hub and Airport at Nagpur (MIHAN), and systematic projection of
Vidarbha’s strengths in general and Nagpur’s plus points including central
location in particular, economic activities showed a definite buoyancy. The
boom in realty sector is slowly shifting towards Information Technology and IT-enabled
services, service sector options, agriculture and allied activities once again.
The visits of foreign delegations and trade representatives apart from
investment by trade and industry giants like Reliance, Tata, Godrej also
provided enough hint of Nagpur’s emergence as a lucrative investment
destination. All this has been confirmed officially by the State Government in
its latest Economic Survey released on Tuesday.
Some years back, during tenure
of Ashok Chavan as Chief Minister, Maharashtra had set for itself a target of touching
Rs 1 lakh mark in per capita
income. Though the State could reach the mark of only Rs 95,339 in 2011-12,
Nagpur emerged faster and surpassed the State average. As per the Economic
Survey, Nagpur’s per capita district income is much higher than per capita
national income of Rs 61,564. This also indicates that cost of living is higher
in Nagpur than in most other parts of the State and the country. With more
investments coming the way of Nagpur and Vidarbha, per capita district income
will register more increase, but this will also make it necessary to chalk out action
plan for percolation of wealth created in region within the region.
As per the Economic Survey, Gross
State Domestic Product (GDP) is a measure in monetary terms, of all goods and
services produced (without duplication) within the boundaries of any
geographical area during one year. By subtracting consumption of fixed capital from
respective GSDP, one can derive the Net District Domestic Product (NDDP). And,
per capital district income is obtained by dividing NDDP by mid-year population
of respective district.
Though there is a reason to
be happy about, much needs to be taken care of. According to the Economic
Survey, estimates of domestic product at district level are compiled by
adopting ‘income originating approach’. Hence, the per capita district income
or district domestic product estimates have ‘all the inherent limitations of
State Domestic Product estimates’. Thus, the district domestic product
estimates provide only a ‘broad judgement’ of income at district level, it
cautions.
Where does Nagpur
stand in per capita NDDP?
n Maharashtra -- Rs 95,339
n Nagpur Division -- Rs 78,063
n Mumbai -- Rs 1,51,608
n Thane -- Rs 1,40,608
n Pune -- Rs 1,40,570
n Raigad – Rs 1,18,885
n Kolhapur – Rs 1,01,014
n Nagpur -- Rs 1,00,663
Per capita district income for Vidarbha -----------------------------------------------------------------------
District Per capita NDDP/district income
Comments
Post a Comment