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Drivers of economic growth in Gujarat

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  • Menon, Sudha Venu

Abstract

The article examines growth experience in various sectors of the state and analyzes the medium and long term growth potential of the economy. Sector-wise performance of Gujarat economy is analyzed with a focus on key engines of growth and the effective role of these growth engines in macro economic acceleration of Gujarat Economy. During the nineties, Gujarat improved its economic performance remarkably in almost all secondary and tertiary sectors. While Gujarat has very strong performance in the manufacturing, electricity, construction, transport & communication, and services sector, its major weaknesses is in the primary sector. The article attempts to identify principal drivers of the economy in the state and their contribution to economic growth. The sectors are- Energy, Oil & Gas, Agro &food processing, Textiles, Diamonds, Petrochemicals, SEZ etc. Concluding section highlights policy recommendations for sustained economic growth including land reform, investment in education and infrastructure, ports, more FDI, transparency and efficiency in administration, attaining social cohesion, macro economic management etc

Suggested Citation

  • Menon, Sudha Venu, 2008. "Drivers of economic growth in Gujarat," MPRA Paper 9233, University Library of Munich, Germany, revised 06 Jan 2008.
    • Handle: RePEc:pra:mprapa:9233
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    File URL: https://mpra.ub.uni-muenchen.de/9233/2/MPRA_paper_9233.pdf
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    References listed on IDEAS

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    1. Dholakia, Ravindra H., 1999. "Liberalization in Gujarat Review of Recent Experience," IIMA Working Papers WP1999-07-02, Indian Institute of Management Ahmedabad, Research and Publication Department.
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    Cited by:

    1. Puwar, Tapasvi & Parvathy Sankara Raman & Mavalankar, Dileep, 2009. "Situational Analysis of Reporting and Recording of Maternal Deaths in Gandhinagar District, Gujarat State," IIMA Working Papers WP2009-06-01, Indian Institute of Management Ahmedabad, Research and Publication Department.
    2. Tapasvi I Puwar, 2009. "Situational Analysis of Reporting and Recording of Maternal Deaths in Gandhinagar District, Gujarat State," Working Papers id:2222, eSocialSciences.

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    More about this item

    Keywords

    Gujarat; economy; growth; India;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General

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