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Showing posts from September, 2013

Gujarat net gainer from the new backwardness index worked out by committee headed by RBI governor

By Rajiv Shah
While much is being made out from the latest “Report of the Committee for Evolving a Composite Development Index of States”, prepared under the chairmanship of Dr Raghuram R Rajan, new Reserve Bank of India governor, making some states happy while others unhappy, it has something which has gone totally unnoticed. Even as clubbing Gujarat as a “less developed state”, if the recommendations of the report are accepted, Gujarat is likely to get a higher Central allocation than is the case today. Submitted to the Ministry of Finance, Government of India, the report recommends that Gujarat should be allocated 3.69 per cent of the Central share as against what was allocated by the Finance Commission – 3.12 per cent, which includes grants and share in Central taxes.
In fact, the report states, if the new backwardness index worked out by the Dr Raghuram Rajan committee is accepted, “some gain and others lose based on our formula. Nine states gain in shares relative to the Plan tran…

Higher agri price influenced Gujarat agriculture to grow by 10 plus per cent in 2001-2011: Senior economist

By Rajiv Shah
Amidst sharp controversy raging among top scholars on whether high agricultural growth rate of Gujarat agriculture is being cited by a section of economists by choosing one of the worst drought years as the base year (2000-01) (click HERE to read), a senior economist of the Indian Institute of Management-Ahmedabad, has said come up with a new explanation of the allegedly high growth rate. He has said that a higher price for agricultural product has been the main reason why Gujarat’s agriculture grew at a higher than 10 per cent per annum between 2001 and 2011. IIM-A’s Prof Ravindra Dholakia, who is one of those who has been criticized for choosing a bad drought year as the base, has in a recent paper, “Inter-sectoral Terms of Trade and Aggregate Supply Response in Gujarat and Indian Agriculture”, has said, “Inter-sectoral terms of trade” played a major factor ”in determining the growth performance of agriculture in Gujarat and all India”, whether it was the last decade or…

Gujarat agriculture fluctuates yet again: Oilseeds dip by 42.54 pc, wheat by 23.5 pc, cotton by 16.34 pc

By Rajiv Shah
Latest data obtained from sources in the Gujarat government have revealed that state agricultural production sharply dipped during the fiscal 2012-13 compared to 2011-12, such it would suggest that the state farm sector remains highly volatile, despite claims to the contrary by the state officialdom and a group of the economists. The figures show that the foodgrains production in Gujarat dipped by a whopping 22.87 per cent, cotton production by 16.34 per cent and oil seeds production by 42.54 per cent. The dip has come against the backdrop of claims by economists Prof Tushaar Shah and Prof Ravindra Dholakia, who have tried to prove in their respective studies that improved farm techniques and decentralized irrigation practices like checkdams and watershed projects have largely mitigated the impact of drought in Gujarat.
Foodgrains production in Gujarat during 2012-13, when large parts of the state were under a drought-like situation, went down from 92.95 lakh tonnes to 73.…

Gujarat relegated to fifth position in investment, says latest Reserve Bank of India study

By Rajiv Shah The latest Reserve Bank of India (RBI) study, “Corporate Investment: Growth in 2012-13 and Prospects for 2013-14”, prepared in the Corporate Studies Division of the Department of Statistics and Information Management, has found that Gujarat has been pushed to the fifth position in investment destination. Analysing on the basis of capital expenditure intentions of the companies in private and joint business sector, the study has found that four states have overtaken Gujarat – Odisha, which is No 1 investment destination, with 27 per cent of all investments, followed by Maharashtra (19.1 per cent), Punjab (10.5 per cent), Andhra Pradesh (5.6 per cent) and Gujarat (5.4 per cent).
In fact, year-wise figures for the last one decade suggest that Gujarat did become No 1 investment destination around mid-2000s. It received highest investment in 26.4 per cent of all investments of the country in 2007-08. This was also the highest ever share for India. But thereafter, Gujarat’s dece…

Gujarat government report expresses concern over poor state preparedness in fighting chemical disasters

By Rajiv Shah
A recent Gujarat government report has identified Bharuch in Central Gujarat as the most hazard-prone district where what are called Major Accident Hazards (MAHs) can take place compared to the rest of Gujarat. The report, titled “Gujarat State Chemical Disaster Management Plan”, which has just been released, says that in Gujarat a total of 1,730 hazard-prone units have been identified, out of which 313 are in Bharuch, followed by Ahmedabad (287), Vadodara (261), Surat (165), and Valsad (137).Of the total number of industrial units with chemical hazard, Bharuch has the highest number of MAH units (75), followed by Vadodara (65), Kutch (35), Valsad (30), Ahmedabad (29), and Surat (26).

This makes two of Gujarat’s districts – Bharuch and Vadodara – to fall under the category of being “highly hazardous”, followed by six districts falling under the next “hazardous” category – Ahmedabad, Jamnagar, Kutch, Rajkot, Surat and Rajkot, and Anand, Bhavnagar, Gandhinagar, Kheda, Mehsan…