 "Maharashtra to Gujarat: 10 biggest contributors to India's GDP")
The gross domestic product, or GDP, numbers of states jointly help the country to portray a better economic growth figure. Amid this, Maharashtra, which has the highest share in India’s GDP, has declined from 15.2 per cent in 2010-11 to 13.3 per cent in 2023-24, a decline of over 2 per in a decade, according to a working paper from the Economic Advisory Council to the PM (EAC-PM) said.
The report revealed that Maharashtra’s GDP contributions to India fell to 13 per cent in 2020-21 before gradually increasing to 13.3 per cent in 2023-24.
Meanwhile, Gujarat has seen a “significant increase” in its share in India’s GDP in the last decade.
Gujarat’s GDP share to India rose to 8.1 per cent in 2022-23 from 7.5 per cent in 2010-11.
Also, EAC-PM report pointed out that Gujarat’s per capita incom compared to the national average is higher than that of Maharashtra’s.
“Maharashtra’s economic performance has remained steady throughout the period (1960-61 to 2023-24) despite a slight decline in its share over the last decade. Nevertheless, it continues to hold the highest share among all the states,” the paper, titled Relative Economic Performance of Indian States: 1960-61 to 2023-24, authored by economist Sanjeev Sanyal, member of the EAC-PM, and its joint director Aakanksha Arora, said.
The paper analysed data from the Ministry of Statistics and Programme Implementation.
As for Gujarat, the paper said that the state’s share in national GDP remained broadly at the same levels between 1960-61 and 2000-2001, before starting to increase rapidly.
Impact Shorts
More Shorts“In Western states – Maharashtra and Gujarat have consistently performed well throughout the study period. Maharashtra has maintained the highest share of India’s GDP for almost all periods. Gujarat initially lagged behind Maharashtra in per capita income and GDP growth, but later it surpassed in the last decade,” the report stated.
10 biggest contributors to India’s GDP
States 2010-11 2020-21 2023-24
Maharashtra 15.2 13.0 13.3
Andhra Pradesh 8.4 9.5 9.7
Uttar Pradesh 9.9 9.3 9.5
Tamil Nadu 8.4 8.9 8.9
Karnataka 5.9 8.1 8.2
Gujarat 7.5 8.0 8.1
Madhya Pradesh 5.5 6.4 6.1
West Bengal 6.7 5.7 5.6
Rajasthan 4.9 5.1 5.0
Bihar 4.8 4.3 4.3
The report further said that the western and southern regions of India have performed notably better than other parts of the country. Also, the southern states have significantly outpaced others after economic liberalisation, with the five states collectively accounting for approximately 30 per cent of India’s GDP.
It also stated that the eastern part of the country remains a concern. West Bengal has experienced a continuous decline in its relative economic performance over several decades.
“Although Bihar’s relative position has stabilised in the last two decades, it remains significantly behind other states and requires much faster growth to catch up. Conversely, Odisha, traditionally a laggard, has shown marked improvement in recent years. Overall, maritime states have clearly outperformed the other states, with the exception of West Bengal,” it noted.
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