Economy
Further information: Economy of IndiaOnce predominantly agrarian, the economic landscape is changing fast with rapid economic growth that has ranged above 8% annually. Several parts of North India have prospered as a consequence of the Green Revolution, including Punjab, Haryana and Western Uttar Pradesh, and experienced both economic and social development. The eastern areas of East Uttar Pradesh and Bihar, however, have lagged and the resulting disparity has, in the case of Uttar Pradesh, contributed to a demand for separate statehood in West Uttar Pradesh (the Harit Pradesh movement). Bihar has the lowest per-capita SDP.
The highest per capita income states in North India include Haryana, Himachal Pradesh, Punjab and Uttarakhand and union territories of Delhi and Chandigarh. Reflecting the prosperity of the western part of North India, Chandigarh has the highest per-capita State Domestic Product (SDP) of any Indian state or union territory, while Delhi, Punjab and Haryana rank second, third and fourth (after Goa) among the states (see main article: States of India by size of economy).
Read more about this topic: North India
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)