{"id":41089,"date":"2019-01-24T18:11:00","date_gmt":"2019-01-24T12:41:00","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=41089"},"modified":"2019-01-24T18:11:00","modified_gmt":"2019-01-24T12:41:00","slug":"the-gap-within-on-inter-state-disparities","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/the-gap-within-on-inter-state-disparities\/","title":{"rendered":"The gap within: on inter-State disparities"},"content":{"rendered":"<p><a href=\"https:\/\/www.thehindu.com\/opinion\/editorial\/the-gap-within\/article26072602.ece\"><strong>The gap within: on inter-State disparities<\/strong><\/a><\/p>\n<p><strong>News:<\/strong> The article discusses the prevalence of inter-state economic disparity in India.<\/p>\n<p><strong>Facts:<\/strong><\/p>\n<ul>\n<li>India is catching up with the richer economies in terms of absolute size but poorer States continue to lag behind the richer ones in economic growth.<\/li>\n<li>A report from the rating agency Crisil found that the inter-State disparities have widened in recent years.<\/li>\n<li>Richer States like Gujarat have been able to achieve sustained economic growthbut low income states have not been able to maintain a healthy growth rate over a sustained period of time.<\/li>\n<li>Between fiscal years 2013 and 2018, there has been a significant divergence rather than convergence in the economic fortunes of the poorer and richer States, though there was some convergence between 2008 and 2013.<\/li>\n<li>Greater government spending boosted GDP growth in the top-performing States, particularly in Bihar and Andhra Pradesh whose growth is coupled with high fiscal deficit in 2018.<\/li>\n<li>But many other big-spending States, however, have not managed to achieve growth above the national average.<\/li>\n<\/ul>\n<p><strong>Reasons for divergence: <\/strong><\/p>\n<ul>\n<li>The size of public spending is not the reason behind divergence between richer States and poorer ones, but the quality of public spending is what makes the difference.<\/li>\n<li>Strength of State-level institutions, as gauged by their ability to uphold the rule of law and create a free, competitive marketplace for businesses to thrive is the crucial determinant of the long-run growth prospects of States.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The gap within: on inter-State disparities News: The article discusses the prevalence of inter-state economic disparity in India. Facts: India is catching up with the richer economies in terms of absolute size but poorer States continue to lag behind the richer ones in economic growth. A report from the rating agency Crisil found that the&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/the-gap-within-on-inter-state-disparities\/\">Continue reading <span class=\"screen-reader-text\">The gap within: on inter-State disparities<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-41089","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704891352},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/41089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=41089"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/41089\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=41089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=41089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=41089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}