A Comparative Analysis of the GSDP of the Four Eastern States of India

Anil Bhuimali; Mukul Saha

doi:10.51983/ajms-2018.7.1.1306

Authors

Anil Bhuimali Vice-Chancellor, Raiganj University, Raiganj, West Bengal, India
Mukul Saha Associate Professor, Prabhu Jagatbandhu College, Howrah, West Bengal, India

DOI:

https://doi.org/10.51983/ajms-2018.7.1.1306

Keywords:

Gross State Domestic Product (GSDP), Gross Domestic Product (GDP), demography, agriculture, industry, service sector

Abstract

In this paper entitled “A Comparative Analysis of the GSDP of the Four Eastern States of India” we will compare the GSDP of the four eastern states of West Bengal, Bihar, Odisha and Jharkhand, their status in relation to some economically more developed states like Maharashtra, Gujarat and Tamil Nadu and also all India. The paper focuses on the development perspective of these states essentially with reference to the Gross State Domestic Product (GSDP). The Gross State Domestic Product of a state comprises of the primary sector, secondary sector and the tertiary sector. Agriculture, forestry, mining and fisheries are the primary sector. But in our study we have considered only agriculture and excluded the allied activities. Industrial and manufacturing comprise of the secondary sector. In the tertiary sector we find services like IT, banking and all other services which are not included in the primary and secondary sectors. In this paper we discuss the Gross State Domestic Product of the four eastern states which is the main pillar of a state’s economy.

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