International Journal in Management & Social Science
Year : 2015, Volume : 3, Issue : 8
First page : ( 228) Last page : ( 244)
Online ISSN : 2321-1784.

Perspectives of Growth in Uttar Pradesh (India)

Dr. Upadhyay Manjula

Assistant Professor Department of Economics, A P Sen Memorial Girls Degree College, Lucknow-226001 (Uttar Pradesh, India), Mobile Phone: 941521475

Online published on 22 June, 2018.

Abstract

The economy of Uttar Pradesh and its development has crucial role in over all development of India. An economically strong Uttar Pradesh with its huge market could be an engine of growth for the rest of the country. However, the economic performance of the State over the years is lagging behind the rest of the country. The pattern of Gross State Domestic Product (GSDP) growth across the states in recent years show that all the states have experienced some acceleration in growth. The distribution of growth across states appears to have improved in favour of the slower growing states. The prime factor in any economic growth story is policy intervention. In recent years though the growth rate is increasing but its distribution is iniquitous with few people reaping the benefits of growth. Uttar Pradesh, the second largest economy in the country has the second lowest per capita income. It is a state with vast potential where growth has stagnated at low levels and the rising population makes provision of facilities a challenge. Economic growth has remained below the national average rate and the state has been lagging behind in provision of infrastructure facilities as well as on all social parameters in education and health. It is crucial that growth and development are boosted in this state, without which the country's double digit growth target will be difficult to reach.

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Keywords

Gross state domestic product, per capita income, sectoral growth, economic infrastructure, social infrastructure.

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