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Gujarat - Leading The Way
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Gujarat - The Growth Engine of India Gujarat: Overview Gujarat: Economy Gujarat: 1st in Attracting Investments Gujarat is ranked 1st with proposed investment of INR 62,442 crore (US$13.8 bn) in 100 projects accounting for 22% of total investment in India Gujarat :Strong Industrial Base Gujarat : Industrial Production Gujarat :Industrial Development Gujarat: Public Private Partnership Gujarat: PPP Projects Gujarat: First In India
Gujarat - The Growth Engine of India
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Growth StoryG rowth is never an end in itself. It is a means to an end, especially because by growth one typically means growth in gross State domestic product (GSDP). In the context of a country, GSDP is akin to GDP (gross domestic product), the total value of goods and services produced in a country over a fixed time period,typically one year. GDP isn’t the same as GNI (gross national income), since GNI also includesnet factor income from abroad. The principle is no different for a State and GSDP is notnecessarily the same as gross state income (GSI). The difference can be important for a Statewhere migration and remittances are major variables. However, having accepted the point, oneis stuck, since no credible estimates exist for GSI. One only has figures on GSDP and mustaccept it as a surrogate indicator. GSDP figures are compiled by Directorates of Economics andStatistics of different State governments. They are then “vetted” by Central StatisticalOrganization (CSO) and finalized. GSDP figures can be in current prices, or in constant prices.If we do not wish to get carried away by inflation, we should focus on constant price numbers.In the present case, this means that everything is expressed in 2004-05 prices.
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Gujarat - The Growth Engine of India Gujarat: Overview Gujarat: Economy Gujarat: 1st in Attracting Investments Gujarat is ranked 1st with proposed investment of INR 62,442 crore (US$13.8 bn) in 100 projects accounting for 22% of total investment in India Gujarat :Strong Industrial Base Gujarat : Industrial Production Gujarat :Industrial Development Gujarat: Public Private Partnership Gujarat: PPP Projects Gujarat: First In India
Gujarat - The Growth Engine of India
Gujarat - The Growth Engine of India
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Growth StoryG rowth is never an end in itself. It is a means to an end, especially because by growth one typically means growth in gross State domestic product (GSDP). In the context of a country, GSDP is akin to GDP (gross domestic product), the total value of goods and services produced in a country over a fixed time period,typically one year. GDP isn’t the same as GNI (gross national income), since GNI also includesnet factor income from abroad. The principle is no different for a State and GSDP is notnecessarily the same as gross state income (GSI). The difference can be important for a Statewhere migration and remittances are major variables. However, having accepted the point, oneis stuck, since no credible estimates exist for GSI. One only has figures on GSDP and mustaccept it as a surrogate indicator. GSDP figures are compiled by Directorates of Economics andStatistics of different State governments. They are then “vetted” by Central StatisticalOrganization (CSO) and finalized. GSDP figures can be in current prices, or in constant prices.If we do not wish to get carried away by inflation, we should focus on constant price numbers.In the present case, this means that everything is expressed in 2004-05 prices.
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Focus India Group, FIG aims to effectively present the INDIA business perspective in the global marketplace at the same time developing and nurturing new opportunities for partnerships and investments into INDIA. FIG facilitate organizations in Establishing, Partnering and Conducting business effortlessly in INDIA. The Group's primary objective is to build positive economic perceptions of INDIA globally and assist businesses in “Leveraging the Brand called INDIA
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