Reality Check verdict: Gujarat's economy did grow when Mr Modi was chief minister. However, it's not clear that this was all down to his policies, and Gujarat is lagging behind much of the rest of India when it comes to human development. With assembly elections under way in Gujarat, the ruling Bharatiya Janata Party BJP would like voters to remember this word at the ballot box. His prime ministerial campaign was boosted by the claim that Gujarat was developing faster than anywhere else because of his economic policies - so-called "Modinomics".
Is Gujarat really one of the best developing parts of India? And is that development down to Mr Modi? At the same time, Mr Modi cut red tape to entice specific companies to set up major operations in Gujarat - including Ford, Suzuki and Tata. And, so the story goes, this contributed to Gujarat's economic success - between and , Gujarat's gross state domestic product GSDP , the value of all the services and goods it produced, grew by 9.
According to analysis by ratings agency Crisil , Gujarat's manufacturing sector has grown particularly strongly in recent years.
Crisil's chief economist, Dharmakirti Joshi, says this has been helped by Mr Modi's "business-friendly" approach. But Dr Nikita Sud, professor of development at the University of Oxford, says Mr Modi can't claim all the credit for Gujarati prosperity - she says Gujarat was already on a "steady wicket".
Historically, Gujarat has been one of the most industrialised states in India, strategically located on the west coast. As Dr Sud puts it: "There's a history of business, trade and having a solid economic foundation.
Gujarat pushed up the exports from all major industries: petrochemicals-chemicals, pharmaceuticals-drugs, textiles and garments, leather, machine tools and electronics, gems and jewellery, and agricultural crops by setting up a number of SEZs, industry parks and special export promotion measures. However, after , droughts and water crisis brought down the rate to 3. In addition, this growth is neither sustainable ground water, a major source of irrigation is depleting badly without adequate efforts in recharge nor equitable marginal farmers did not receive much benefits and agricultural wages for the rising number of agricultural labour are almost lowest in the country.
Courtesy: Narmada Bachao Andolan. What was the overall impact of this quantum jump in corporate investments and growth on the economy? After the huge incentives to corporate units, the government is left with limited funds for education, health, environment and employment for the masses. The quality of higher education is also resulting in the rising number of unemployed engineers and science graduates. Public expenditure on health is 0.
Gujarat is decelerating very fast in almost all health indicators. The state leaders boast of the highest workforce participation in the state after Haryana ; however only 6. The wage rates in Gujarat are almost the lowest in major states in India, with the rank declining over the past decade or so. The employment elasticity of growth has nose-dived for productive sectors. One of the greatest challenges for the state is creating massive productive jobs with decent incomes for the youth.
The ongoing agitations in Gujarat emanate from this failure. The tribal population is the worst affected by the growth despite the fake claims.
There are product clusters and 60 notified special economic zones SEZs. Please enable Javascript for full functionality. Snapshot Infographic Presentation. As of April , Gujarat had a total installed power generation capacity of 38, As per Indian Ports Association data published in June , the number of ports in the state stands at
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