For long saddled with the tag of a backward state,Madhya Pradesh on Saturday celebrated a rare success of registering double digit growth rate for the second consecutive year. The state government said the provisional data released by the Central Statistics Organisation (CSO) shows that MP at 10.02 per cent has registered the highest growth rate for 2012-13,unseating Bihar from the number one position.
Though MPs rate has declined from 11.81 per cent clocked last year,its gross state domestic product (GSDP) is more than that of Bihar which has seen a steep decrease from 13.26 per cent to 9.48 per cent.
Chief Minister Shivraj Singh Chouhan said that achieving the highest growth rate was a matter of satisfaction,but the state will continue to strive to reach newer heights. He said the state has done well in agriculture,infrastructure,industry and irrigation sectors.
The data shows MP has registered continuous increase in the per capita income. The states agriculture growth stood at an impressive 14.28 per cent in
2012-13 though it has come down from the highest 18.91 per cent achieved during 2011-12.
At constant rates,MPs GSDP in base year 2004-05 stood at Rs 1.11,926 crore. According to advanced estimates of MP Economics and Statistics Department,this has increased to Rs 2,21,462 crore in 2012-13. In 2011-12 it was Rs 2,01,898 crore,an official release said.