Karnataka BJP govt’s mixed record on economy

endeavourtoprojecta businessandinvestor-friendly facebeforethenextKarnataka election, itsgovernment’s recordontheeconomywasamixedbag. Howdiditfareinitsfiveyears?

GrowthinGSDPwas7.8%, behind(undivided) Andhra’s8.8% andTamilNadu’s9%

Private investment fell by 8-10% in the manufacturing sector

The share of services in GSDP increased from 52.8 to 58.9% but industry’s share dipped from 31.3% to 25.9%

Factory growth had flattened in 2008-09 and 2009-10 but increased 26% in 2010-11, according to central data. But, Andhra was ahead at 53%, Maharashtra at 43%, Tamil Nadu at 38% and Gujarat at 37%

Retained premier place in IT sector