Bihar Puts Andhra Pradesh To Shame In Gdp Growth

[sid_22]

With a GDP growth of[size=6] 6.81% in 2011-12[/size], Andhra Pradesh's economy is not only lagging behind the national GDP average of 6.88% but is also lagging behind some of the Bimaru states like [size=6]Bihar [/size]that clocked a healthier [size=6]13.13% growth[/size], a study carried out by the Associated Chambers of Commerce and Industry of India's (Assocham) has found.

The study titled 'An Appraisal of Finances of States' that was released on Thursday warned that if the current state-of-affairs continues, AP may not even be in a position to catch up with the national GDP average of 6.88% in the next six months. The study revealed that apart from Andhra Pradesh and West Bengal, all the other states outperformed the all India GDP growth.

The Assocham tudy said "forward" states like Maharashtra, Gujarat and Haryana have reported more than 10% growth in their 2011-12 GDP growth and that there has been a consistent improvement in the growth rate of 'laggard' states such as Bihar, Madhya Pradesh, Odisha and Rajasthan.

According to Assocham, while AP's growth in the first three years of the seven year period from 2006-07 grown was well above national average its performance had deteriorated in the last four years.

The state had clocked robust growth of 11.08 % and 12.02% in 2006-07 and 2007-08 respectively but after this boom period, its has been on a decline except for 2010-11 when AP's GDP grew at 9.96%. It is interesting to note that despite a rise of 135% in AP's tax revenue in 2011-12, which is more than that of Karnataka at 88%, Tamil Nadu at 115.3% and Kerala at 123%,the state has not been able to use its monetary resources effectively to boost growth, the study said. According to Jyotirmoy Jain, senior adviser to Assocham there were various factors like Telangana and power shortages that were hampering AP's growth. "In the last few years, the political chaos in the state over Telangana issue has affected the investment climate." He pointed out that while the shortage of power had also crippled the industrial growth in the state, the other major factor was the collapse of the microfinance sector. More than 90% of the MFI funding via banks has turned into non performing assets (NPAs), Jain said.


[img]http://gifsoup.com/view5/2518468/brahmi-o.gif[/img]

[Sastrygaru]

Thats the way.. ahha..... aaha.. i like It .. Ahha..... ahha.. [img]http://www.desigifs.com/sites/default/files/brahmam_paste3_0.gif?1290368414[/img]

[psycopk]

kcr rocks...

[Force]

its time to party [img]http://i49.tinypic.com/f53cjc.gif[/img]

[prayaanam]

[quote name='psycopk' timestamp='1357241558' post='1303049176']
kcr rocks...
[/quote]

also YS jagan rocks....

[tom bhayya]

[b][color=#282828][font=helvetica, arial, sans-serif]"In the last few years, the political chaos in the state over Telangana issue has affected the investment climate." He pointed out that while the shortage of power had also crippled the industrial growth in the state, the other major factor was the collapse of the microfinance sector. More than 90% of the MFI funding via banks has turned into non performing assets (NPAs), Jain said.[/font][/color][/b]

[color=#282828][font=helvetica, arial, sans-serif] [/font][/color][color=#282828][font=helvetica, arial, sans-serif]first line credit goes to KCR, rest all credit goes to YSR schemes [/font][/color]

[sandy437]

[quote name='Alexander' timestamp='1357248108' post='1303049742']
[b][color=#282828][font=helvetica, arial, sans-serif]"In the last few years, the political chaos in the state over Telangana issue has affected the investment climate." He pointed out that while the shortage of power had also crippled the industrial growth in the state, the other major factor was the collapse of the microfinance sector. More than 90% of the MFI funding via banks has turned into non performing assets (NPAs), Jain said.[/font][/color][/b]

[color=#282828][font=helvetica, arial, sans-serif]first line credit goes to KCR, rest all credit goes to YSR schemes [/font][/color]
[/quote]

enthasepu ..kcr and ysr antaru kani .. ..ysr vundetappudu ..intha goram ga gdp eppudu padipoledu

sonia chethakani ..tanam .. cong govt. ani anaruenduku..

in my view ..current cong govt. should crub these kcr and jagan ..factors and move forward

it's their pure inability ..

[Force]

[quote name='sandy437' timestamp='1357248227' post='1303049755']
enthasepu ..kcr and ysr antaru kani .. ..ysr vundetappudu ..intha goram ga gdp eppudu padipoledu

sonia chethakani ..tanam .. cong govt. ani anaruenduku..

in my view ..current cong govt. should crub these kcr and jagan ..factors and move forward

it's their pure inability ..
[/quote]
[img]http://i1249.photobucket.com/albums/hh517/twinklebt/brahmilaugh.gif[/img]

[tom bhayya]

[quote name='sandy437' timestamp='1357248227' post='1303049755']

enthasepu ..kcr and ysr antaru kani ..

sonia chethakani ..tanam .. cong govt. ani anaruenduku..
[/quote]
bihar , AP renditiki central lo congress ey rey difference only governance and schemes and policies of state government lo untundhi... ippudu free electricity theeseystha , or runali maafi scheme theeseystha in the intrest of state ani state lo ruling lo unna congress cheppamanu. TDP, YSRCP daanini oka pedha issue chesi political mileage kosam use chesukuntaaru.. idhi chethakaani prabuthvam blah blah ani.. alaanti stage ki theesukochaaru.. YSR aa scheme petti undakapothey aa situation vachedhi kaadhu gaa..

[dalapathi]

[quote name='Alexander' timestamp='1357248108' post='1303049742']
[b][color=#282828][font=helvetica, arial, sans-serif]"In the last few years, the political chaos in the state over Telangana issue has affected the investment climate." He pointed out that while the shortage of power had also crippled the industrial growth in the state, the other major factor was the collapse of the microfinance sector. More than 90% of the MFI funding via banks has turned into non performing assets (NPAs), Jain said.[/font][/color][/b]

[color=#282828][font=helvetica, arial, sans-serif]first line credit goes to KCR, rest all credit goes to YSR schemes [/font][/color]
[/quote]
Anni vellataaniki main KCR kaadhu YSR kaadhu ... industries ki power supply cheyyalekapovatam ... adhi amian reason ... vizag lo IBM laanti companies vellipoindhi kuudaa indhukey ... akkada chanipoina YSR ooh ... TG lo vunna KCR ooh vahci emie cheyyaledhu[url="http://www.desigifs.com/gifs/637/brahmanandam"][img]http://www.desigifs.com/sites/default/files/eat.gif[/img][/url]

[sandy437]

[quote name='Alexander' timestamp='1357248547' post='1303049784']
bihar , AP renditiki central lo congress ey rey difference only governance and schemes and policies of state government lo untundhi... ippudu free electricity theeseystha , or runali maafi scheme theeseystha in the intrest of state ani state lo ruling lo unna congress cheppamanu. TDP, YSRCP daanini oka pedha issue chesi political mileage kosam use chesukuntaaru.. idhi chethakaani prabuthvam blah blah ani.. alaanti stage ki theesukochaaru.. YSR aa scheme petti undakapothey aa situation vachedhi kaadhu gaa..
[/quote]

in 2004 , there was entirely different situation .
there was continuous drought for 4-5 years , and bankers not giving proper loans ..
compared to tamilnadu , maharasthra and karnataka ..current charges was more in AP in 2004 ..
at that time he announced those two schemes ...

free power is for just less than one acre .and those who have capacitors .. if you go and see in villages till that time every one using wired connection to lands ( donga connection) .. so many connections got registered because of this..

in 2009 , due to politics sake ..he continued the same promisee..

you know the state budget had crossed 70k in past 8-9 years .. based on this ..its ([color=#404040][font=Arial][size=3]400 crore per annum) [/size][/font][/color]not big amount to spend on free current ..

loan waiver was a taken central level ... all over india

[tom bhayya]

[quote name='dalapathi' timestamp='1357249393' post='1303049852']
Anni vellataaniki main KCR kaadhu YSR kaadhu ... industries ki power supply cheyyalekapovatam ... adhi amian reason ... vizag lo IBM laanti companies vellipoindhi kuudaa indhukey ... akkada chanipoina YSR ooh ... TG lo vunna KCR ooh vahci emie cheyyaledhu[url="http://www.desigifs.com/gifs/637/brahmanandam"][img]http://www.desigifs.com/sites/default/files/eat.gif[/img][/url]
[/quote]
[img]http://www.desigifs.com/sites/default/files/NTR-17_0.gif[/img] vaadu clear ga political chaos in the state affected investment climates ani point untey daaniki KCR ani cheppa.. alaagey shortage of power , micro finance sector collapse ki ysr schemes aina free power and runa maafi, vaddi maafi ani chepthunna..inka detail ga kaavali antey i can explain

[tom bhayya]

[quote name='sandy437' timestamp='1357249530' post='1303049866']

[b]in 2004 , there was entirely different situation .
there was continuous drought for 4-5 years [/b], and bankers not giving proper loans ..
compared to tamilnadu , maharasthra and karnataka ..current charges was more in AP in 2004 ..
at that time he announced those two schemes ...

free power is for just less than one acre .and those who have capacitors .. if you go and see in villages till that time every one using wired connection to lands ( donga connection) .. so many connections got registered because of this..

[b]in 2009 , due to politics sake ..he continued the same promisee..[/b]

you know the state budget had crossed 70k in past 8-9 years .. based on this ..its not big amount to spend on free current ..

loan waiver was a taken central level ... all over india
[/quote]
first bold second bold nuvvey cheppavu malla YSR kaadhu antaavu enti [img]http://www.desigifs.com/sites/default/files/NTR-17_0.gif[/img] ho adhi congress/sonia scheme aa

[dalapathi]

[quote name='Alexander' timestamp='1357249605' post='1303049872']
[img]http://www.desigifs.com/sites/default/files/NTR-17_0.gif[/img] vaadu clear ga political chaos in the state affected investment climates ani point untey daaniki KCR ani cheppa.. alaagey shortage of power , micro finance sector collapse ki ysr schemes aina free power and runa maafi, vaddi maafi ani chepthunna..inka detail ga kaavali antey i can explain
[/quote]
Daaniki kuudaa KCR okkadey endhuku avutaadu ... KCR effect oka 3 weeks vundey ... taruvata Dec 7th roju bill pettandie modati vote meme vestaam ani ... taruvaat arda ratri prakatana enti ani tana party vallatho resign cheyinchi penta penta chesina CBN ... CM kurchi kosam try chesina congress party ni cheelchina Jagan ... Stable ga oka manishini CM gaa vunchani Congress high command andaru baadhyule ani chebutunnaa[url="http://www.desigifs.com/gifs/637/brahmanandam"][img]http://www.desigifs.com/sites/default/files/eat.gif[/img][/url]

[sandy437]

[quote name='Alexander' timestamp='1357249707' post='1303049880']
first bold second bold nuvvey cheppavu malla YSR kaadhu antaavu enti [img]http://www.desigifs.com/sites/default/files/NTR-17_0.gif[/img] ho adhi congress/sonia scheme aa
[/quote]


2009 lo ysr anakapoyina .. TDP also promised free power for 12 hours ...
which all political parties can't do any thing ...
even in 2014 all major parties will go with same promise ...