One of the conclusions that the BJP has arrived at the end of the day-long deliberations was that the BJP-ruled states are clocking over 10% annual growth.
One of the conclusions that the BJP has arrived at the end of the day-long deliberations with its chief ministers and other national leaders on Saturday was that the BJP-ruled states are clocking over 10% annual growth, and it is because of this that the national growth figure is at a respectable 6.5%.
Briefing reporters on the conclave, senior party leader and former finance minister Yashwant Sinha said despite the blatant discrimination shown by the Congress-led UPA government at the centre, the BJP-ruled states have managed to perform extremely well. He said the growth was not merely quantitative but qualitative as well. “While the UPA has been talking of ‘inclusive growth’, it is the BJP-ruled states which have achieved it’, he said.
Asked whether the BJP has made its own Congress’ slogan of ‘inclusive growth’ and whether it had abandoned its Shining India which led to its 2004 parliamentary poll debacle, Sinha said Shining India did not exclude inclusive growth, and he admitted that Shining India got a wrong spin in the heat and dust of the poll campaign.
He also said while the central government’s fiscal deficit stood at 6.9% at the end of March and in the current year it is likely to be 5.1%, the fiscal deficit of all the states was at 2.3%, well below the 3% limit mandated by the Fiscal Responsibility and Budget Management Act, enacted by the NDA. He said the fiscal deficit in BJP-ruled was better than the other states at less than 2%.
Despite the drought and the Central obstacles, the states have performed extremely well,” Sinha said. He said agricultural growth in these states was above 10% while the national agricultural growth rate was limping at 3%.
Sinha also said the BJP-ruled states were enjoying a revenue surplus and an annual growth rate of over 10%. He said the average growth rate at the national level for the 11th Five Year Plan was 8.2% while the growth rate of the BJP and the NDA-ruled states was 9.2% for the same period.
He said successful economic growth model of the BJP-ruled states which was a combination of a ‘sarvodaya’ (welfare of all) and ‘antyodaya’ (welfare of the last and the least) will be the model that the NDA will adopt when it comes to power in 2014.
He said party president in his inaugural address had said the National Democratic Alliance (NDA) was also a national developmental alliance.
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