All this analysis/conclusions have been drawn from "RBI's hand book of statistics on Indian states"
As a Bharathiya I do not believe in regionalism, I belong to Tamil Nadu as much as I belong to Manipur or Gujarat.
I definitely do not like the way people from the south put down states from the North or the way people from the North look down up on people from the South
All this analysis/conclusions have been drawn from "RBI's hand book of statistics on Indian states"
- The top 10 states as on FY20 – MH, TN, UP, GJ, KA, WB, RJ, AP, TS and MP & all of them put together are ~146 lakh crores which is ~70% of the country’s GDP. The top 10 have contributed ~70% of the country’s GDP (10 yr avg)
-Since FY12 the top three states have always been MH, TN and UP. 4th & the 5th spots have been oscillating between GJ & KA.
-From FY12 to FY20, Amongst the top 10 states MP has shown the max growth at 14.6% followed by KA at 13.2%. This shows how MP has moved into the top 10 and how KA has traded places with GJ.
-The top 10 states have grown at 11.8% (FY12 to FY20) Vs 11.6% of the top 5, the rest of the states have grown only at 11.1% during the same period
This was the growth rate when the economy was deleveraging, GST & DeMon happened, RERA, IBC was enacted and the NPA mess unfolded. This is commendable!