PMO bats for the industrialization of northern states
1 day, 5 hours ago

PMO bats for the industrialization of northern states

Live Mint  

NEW DELHI : Concerned about the lack of industrialization in North India, the government is working on a blueprint for making northern states a manufacturing hub. "There is a huge scope for industrialization in northern and eastern states like Jammu and Kashmir, Himachal Pradesh, Punjab, Haryana, Uttarakhand, Rajasthan, Uttar Pradesh, Bihar, Jharkhand, Odisha, and West Bengal. The North-South divide The region-specific focus also comes amid rising dissatisfaction among southern states over their smaller share of tax revenue despite contributing a larger share to the country's gross domestic product. Over the years A report by the Economic Advisory Council to the Prime Minister in September 2024 showed that during the period from 1960-61 to 2023-24, Delhi and Haryana performed well among the northern states, while Punjab's economy started deteriorating after 1991. Share of UP in the national GDP flattened out at around 8.2% in 2020-21, before increasing marginally to 8.4% in 2023-24," said the report titled Relative Economic Performance of Indian States: 1960-61 to 2023-24.

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