Market Forces Alone Not Enough to End East's Poverty
Outlook Business|February 2024
To achieve India’s ambition of Viksit Bharat@2047, it is crucial that all states and regions contribute to India’s development. Equitable participation in India’s growth story by all states will not only ensure greater social inclusion but will also support and nurture the country’s fascinating diversity.
Rajiv Kumar
Market Forces Alone Not Enough to End East's Poverty

At present there is a visible distinction in the economic status and growth performance between the six southern states, viz., Kerala, Goa, Tamil Nadu, Karnataka, Andhra Pradesh and Telangana on the one hand and the six north-central and eastern states—Uttar Pradesh, Madhya Pradesh, Bihar, Jharkhand, Chhattisgarh and West Bengal—on the other. According to offcial statistics, the per capita income in Goa is nearly 10 times that of Bihar. The average per capita income of the six peninsular states in 2021–22 was Rs 1.50 lakh in constant 2011–12 prices. The average of the six eastern states for the same year works out to be only Rs 56,000, or a third of their southern counterparts. The divide becomes even more marked when the seven north-eastern states are included. The differences in per capita income cogitate the lack of opportunities in these states; this is also reflected in the migration pattern of the population which is induced by the low livelihood earning opportunities. As per the last census, around 40% of the Indian migrants are from these six eastern states.

Similarly, most human development indicators, provided by the fifth National Family Health Survey show these to be at a significantly lower level in the eastern states when compared to those in the six peninsular states. This holds true for indicators like longevity, literacy, child malnutrition, women suffering from anaemia, etc. This results in a sharp distinction between the two sets of states in terms of the sustainable development goals (SDGs). Nearly all the six peninsular states have an SDG score in the 70s, with Kerala topping the list with a score of 75. On the other hand, the six eastern states, on an aggregate, manage a score in the 50s, nearly 20 points lower than the southern states.

Diese Geschichte stammt aus der February 2024-Ausgabe von Outlook Business.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der February 2024-Ausgabe von Outlook Business.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS OUTLOOK BUSINESSAlle anzeigen
'Automation is Redefining Efficiency and Precision in Jewellery Manufacturing'
Outlook Business

'Automation is Redefining Efficiency and Precision in Jewellery Manufacturing'

Increasing brand consciousness and awareness among consumers is helping expand the organised jewellery retail industry. MP Ahammed, chairman of Malabar Group, discusses prominent trends in the jewellery industry

time-read
1 min  |
November 2024
BATTLE TO WIN THE AI RACE
Outlook Business

BATTLE TO WIN THE AI RACE

In Supremacy, Parmy Olson tells the astonishing and behind-the-scenes story of the battle between the world’s two leading artificial intelligence firms, OpenAl and DeepMind and the continuing rivalry of its founders Sam Altman and Demis Hassabis respectively

time-read
5 Minuten  |
November 2024
A LEADER WHO EMPOWERS
Outlook Business

A LEADER WHO EMPOWERS

Anshul Arzare, MD and CEO of YES SECURITIES, wants to ensure a workplace where employees not only contribute to the company's vision but also feel content

time-read
2 Minuten  |
November 2024
EV Unplugged
Outlook Business

EV Unplugged

Electric vehicles are crucial to India’s climate change plan. But reliance on China for imports and technology constraints remain hurdles the sector needs to overcome

time-read
6 Minuten  |
November 2024
Every Lamborghini Owner is a Brand Ambassador
Outlook Business

Every Lamborghini Owner is a Brand Ambassador

Regional director of Automobili Lamborghini, Francesco Scardaoni, talks to Prachi Khanna about the brand’s approach to fostering a sense of community among its vehicle owners. Edited excerpts

time-read
3 Minuten  |
November 2024
NO ZEST FOR ZED
Outlook Business

NO ZEST FOR ZED

A government initiative to green MSMEs is not finding enough takers

time-read
4 Minuten  |
November 2024
SMALL PLANTS, BIG TROUBLE
Outlook Business

SMALL PLANTS, BIG TROUBLE

Climate-triggered stress is placing an unprecedented burden on small businesses. But a lack of access to climate aid hinders the sector's ability to adopt greener methods

time-read
6 Minuten  |
November 2024
'We Think About the Rider More Than Any Other Company
Outlook Business

'We Think About the Rider More Than Any Other Company

Rapido co-founder Aravind Sanka talks to Neeraj Thakur and Deepsekhar Choudhury about how flexibility and fair pay helped his company disrupt the Ola-Uber duopoly. Edited excerpts

time-read
3 Minuten  |
November 2024
LABOUR PANGS
Outlook Business

LABOUR PANGS

Rising cost of living in a fast-growing economy is making workers restless

time-read
5 Minuten  |
November 2024
'Hustle is No Virtue'
Outlook Business

'Hustle is No Virtue'

It has become fashionable to talk about the verb “hustle” these days, especially in professional settings.

time-read
3 Minuten  |
November 2024