Madhya Pradesh GDP seen up at 8.4
Madhya Pradesh is expected to register growth despite bad times,said Economic Survey.
Despite 35 per cent deficient rainfall,the GDP in Madhya Pradesh is expected to register a growth of 8.49 per cent in the year 2009-10 at the fixed prices,said the state’s Economic Survey,released today on the eve of the budget.
“The state’s economy has shown marked improvement. The GDP as compared to 2008-09,is expected to register a growth of 8.49 per cent in the year 2009-10 at the fixed prices which is remarkable in view of the fact that the state received 35 per cent less rainfall,” according to the survey released by the State’s Finance Minister,Raghavji in the state assembly.
For last seven years the state remained a revenue surplus state and in the year 2010-11 also the revenue receipts will be expected to be around Rs 43,443.82 crore,which is 4.95 per cent more than the previous year,it said.
In the year 2009-10,the main foodgrain crop production is expected to be 8.31 per cent more than the previous year,it said.
For plugging loopholes in the PDS in the state,the government will prepare biometric cards of the beneficiaries with finger prints and iris as identification marks.
Referring to the increase in revenue from the tourism sector,it said that there is an increase of 17.65 per cent in the tourism revenue in the year 2009-10 as compared to the previous year. A total of 2.65 crore tourists visited the state in the year 2010-11 till November 2010.
The state has registered significant growth in the industrial sector,banking,employment generation,mineral production,power generation and institutional deliveries among others,it said.