Economic Management in the Gujarat State : Key Characteristics and Selected Policy Initiatives
This paper analyses key economic management characteristics exhibited by the Government of Gujarat and its initiatives to sustain broad-based growth. A growth diagnostics framework of Rodrik (2010), modified to suit India's federal context in which states will play an increasingly prominent role, focusing on addressing demand-supply gaps for a particular sector in investments, skill-sets, livelihoods, knowledge application and productivity, is used in the paper to analyse Gujarat's economic management. The paper finds that Gujarat's overall economic management and design and implementation of three programmes – Jyotigram Yojana (JY) for improving rural and agricultural power supply; Chiranjeevi Yojana (CY) for reducing maternal and infant mortality; and rapid agricultural development in the Saurashtra region – are broadly consistent with the modified growth diagnostics framework. Gujarat's economic management is characterised by issue- and sector-specific initiatives to obtain desired outcomes rather than by an adoption of a pre-conceived growth model applied across sectors. Gujarat has relied on developing growth nodes across a variety of sectors designed to enhance resiliency of the economy while generating growth.The key challenges facing the government include meeting the residential ownership aspirations through affordable housing; further enhancing competence in public financial management, particularly in project management and in improving productivity of capital; and in narrowing the gap between its economic and social sector performance, particularly in reducing infant and maternal mortality rates
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 4, 2015 erstellt
Other identifiers:
10.2139/ssrn.2592831 [DOI]
Classification:
d04 ; H71 - State and Local Taxation, Subsidies, and Revenue ; H72 - State and Local Budget and Expenditures ; O40 - Economic Growth and Aggregate Productivity. General ; Q18 - Agricultural Policy; Food Policy