Gujarat has installed ‘Polluting Low & Low Tech Industries’ – Net Value Additions in Maharashtra are 21.39% to 11.45% of Gujarat – Maharashtra 87% more productive in precise numbers.
Maharashtra v/s Gujarat
Percent of India – Table 28 P-61
Gujarat
|
Maharashtra
| |
Fixed Capital
|
16.32
|
16.94
|
Value of Output
|
15.52
|
18.34
|
Net Value Additions
|
11.45
|
21.39
|
Congress vs BJP (Modi)
Indicators as % of India
1990-91
|
2000-01
|
2008-09
| |
Fixed Capital
|
9.8%
|
18.04%
|
16.32%
|
Output Value
|
10.20%
|
13.81%
|
15.52%
|
Net Value Added
|
8.57%
|
11.74%
|
11.45%
|
Share of Fixed Capita investment in Gujarat declined inspite of Vibrant Gujarats and signing of $950b MoU.
10,407 (30%) Sick Factories, Hires Japan to Fix Gujarat (C)
When there is such a huge Factory Sickness – over 400 factories are shut down, one for every working – he made no serious effort to ‘Revive Them’ and instead was ‘Licking the Boots of Every Foreigner – Even From Kenya and Ghana’ to help Gujarat industrialize, But opposes FDI in retail when Gujaratis own majority of shops in America & EU.
What a shame?
In earlier message I had reported slowing down of ‘Registration of Factories in Gujarat from 57% to 32%’ and operating units declined from 77% to 70%.
But the difference is before BJP rule there was SEVERE financial constraints – this alone Gujarat Budget Expenditure grew from Rs 38,000 crore to Rs. Rs.50,599-crore or 34% increase. But no effort was made to revive sick units.
Percent of India – Table 28 P-61
Gujarat
|
Maharashtra
| |
Fixed Capital
|
16.32
|
16.94
|
Value of Output
|
15.52
|
18.34
|
Net Value Additions
|
11.45
|
21.39
|
Gujarat fixed Capital investment was substantial 16.32% but value additions was just 11.45% I attributed it to low value added Factories.
But recently found out 10,407 factories in Gujarat are not functioning out of 34860. Table29.
Ravinder Singh
