Bengal's GDP growth surpasses UP, Maharashtra

KOLKATA: West Bengal's GDP growth has surpassed those of states like Maharashtra, Rajasthan, Uttar Pradesh and Karnataka. Several macroeconomic indicators have showed that the state has been able to pull itself up compared to other states.

According to central government figures, the rate of growth of GDP in Maharashtra being 5.66%, that of Rajasthan being 5.75%, Uttar Pradesh being 6%, Telengana being 5.35%, Karnataka being 7.05% and Punjab being 5.32%, West Bengal registered a growth of 7.15%.

The state has also surged in terms of industrial growth. While Karnataka has a growth rate of 4.36%, 4.01% in Maharashtra, 2.02% in Punjab, 3% in Rajasthan and 3.64% in Tamil Nadu, West Bengal registered an industrial growth rate of 5.05%.

The debt stressed state already has taken a loan of Rs 87,000 crore in last four years according to estimates of the state government. State's Finance Minister Amit Mitra has claimed that Rs 82,000 crore were spent to repay loan and interest component of the debt it incurred from erstwhile Left Front government.