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AP GDP growth rates


vincent

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Yearly growth rate at constant prices

1995–96 5.9 percent

1996–97 6.3 percent

1997–98 -1.4 percent

1998–99 12.2 percent

1999–2000 4.6 percent

2000–01 8.7 percent

2001–02 4.9 percent

2002–03 3.8 percent

2003–04 9.0 percent

2004–05 8.2 percent

2005–06 9.6 percent

2006–07 11.2 percent

2007–08 12.0 percent

2008–09 6.9 percent

2009–10 4.5 percent

2010–11 11.6 percent

2011–12 7.5 percent

2012–13 5.1 percent

2013–14 5.9 percent

The AP state GSDP growth rate was 6.0 percent (average ) percent during 1995-2004 . The state grew 8.2 percent during 2004-14 . Simple question. Which period of time saw a higher GSDP growth rate in AP ?


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53 minutes ago, tacobell fan said:

Growth one year lo vachestadha? it’s a collective effort. Unlike anything it has its highs and lows. Can’t just take credit for highs. 

 

 

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3 hours ago, tacobell fan said:

Growth one year lo vachestadha? it’s a collective effort. Unlike anything it has its highs and lows. Can’t just take credit for highs. 

Given the hyper-growth rates of IT in the World in General and in India in particular between 1990-2000s, CBN should have achieved an average growth rate of at least double the national average, assuming he really achieved tremendous success in IT especially after 1998.

That never happened. So based on these observations:

1. IT revolution brought by CBN is just an hype.

2. Even if (1) above is real, then the credit would belong to Jawaharlal Nehru who established almost all the front line institutes like IITs,  IIMs, Central Univs, RECs (now known as NITs), JIPMER, AIIMS and every institute that starts with 'Indian Institute of *'

3. It also proves the fact that real IT foundation was done by Tatas in 1967 when they opened TCS and later on biggies like Wipro, Infy, Satyam and tens of others which were started in Mumbai and Pune ---- BUT NOT HYDERABAD.

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1 hour ago, bleachreddy said:

Given the hyper-growth rates of IT in the World in General and in India in particular between 1990-2000s, CBN should have achieved an average growth rate of at least double the national average, assuming he really achieved tremendous success in IT especially after 1998.

That never happened. So based on these observations:

1. IT revolution brought by CBN is just an hype.

2. Even if (1) above is real, then the credit would belong to Jawaharlal Nehru who established almost all the front line institutes like IITs,  IIMs, Central Univs, RECs (now known as NITs), JIPMER, AIIMS and every institute that starts with 'Indian Institute of *'

3. It also proves the fact that real IT foundation was done by Tatas in 1967 when they opened TCS and later on biggies like Wipro, Infy, Satyam and tens of others which were started in Mumbai and Pune ---- BUT NOT HYDERABAD.

chinappudu nunchi chadvukunte ne you get to work and make money. So history is irrelevant to relevant. 

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This data effectively throws light on 6 points.

1. The late 1990s and early 2000 s saw a highly unstable economic environment in AP . The growth in agriculture and industries were low .

2. Rural distress was directly linked to lack of investment in  water resources and public investment in agriculture. A look at foodgrain production in this period would be significant.

3. The fact that urban population percentage was just 27.07 percent in 2001 , against 26.89 percent in 1991 reveals that AP witnessed one of the lowest growth in terms of urbanisation during this period.

4. Contrast this with 33.49 percent urbanisation in 2011 in AP .

5. Gross neglect of regions such as Rayalaseema is evident from the fact that the region , which had a per capita income higher than the state average in 1993-94 , fell behind the state average by 2003-04 . The same is true of North Coastal and Godavari districts.

6. Hyderabad was fourth in terms of IT exports by 2004 , as against second in 1995. 

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