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Patna,(BiharTimes): Very much against the general perception, largely created by the media, Bihar was the best performing state between 1980 and 2004, while Tamil Nadu, Gujarat and Punjab lagged behind in terms of TFPG (total factor productivity growth), a parameter that measures productivity of the organised manufacturing sector.
The state continued to occupy that position even after November 15, 2000 when its industrialized half was hewed out and a new state, Jharkhand, was created. |
According to a Reserve Bank of India sponsored study released on Friday the inter-state performance of TFPG of organised manufacturing sector indicates that Bihar (including Jharkhand) is the best performing state to be followed by Rajasthan and Andhra Pradesh while Tamil Nadu is the worst performing state. Gujarat and Punjab are also the worst performers.
But Bihar faltered on employment generation. The study on Productivity, Efficiency and Competitiveness of the Indian Manufacturing Sector was conducted by the Development Research Group (DRG), a research wing of the RBI. It was done with a view to estimating productivity and efficiency of the manufacturing sector at industry and state levels.
The report, however, pointed out that good performance needed to be juxtaposed with the fact that Bihar witnessed a negative growth rate of employment and Tamil Nadu witnessed a significant higher rate of employment.
The study has estimated efficiency of 449 companies. It also examined the path of efficiency and productivity in the context of economic reforms undertaken by the Indian manufacturing sector and provided a comparative view of the performance in organised and unorganised sectors.
The study said Food, Beverages and Tobacco industry was the worst performer while Machinery and Transport Equipment (MTE) industry did better than others.
According to the RBI Press Release issued by its Deputy General Manager R R Sinha on Friday the study focuses on the productivity and efficiency of India’s manufacturing sector. The study covers the time-span 1980-81 to 2007-08 in the case of overall organised manufacturing sector. It undertakes disaggregate analysis for: 18 states of India (to highlight the regional dimensions); six major component industries within manufacturing sector; organised versus unorganised segments of the manufacturing sector, etc. This empirical exercise has been done for the period 1980-81 to 2003-04. The productivity and efficiency of ‘Selected Public Ltd. Manufacturing Companies’ has also been measured for the period 1993-94 to 2004-05. The methodology used in the study covers both parametric and non-parametric approaches.
The study is co-authored by Prof Pushpa Trivedi (Indian Institute of Technology Bombay), L Lakshmanan (Assistant Adviser, Internal Debt Management Department), Dr Rajeev Jain (Assistant Adviser, Department of Economic and Policy Research) and Dr Yogesh Kumar Gupta (Assistant Adviser, Department of Statistics and Information Management) of the Reserve Bank.
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