Telanganagovernment maybe battling with the Centre to lift market borrowing curbs to fight debt, but it has displayed a robust economic trend, as per experts extrapolating on the Ecowrap report released.
, which consistently maintained a high per capita income (PCI), has shown a dipping POVERTY graph with income disparity shrinking during the pandemic.
This was established by its lowGinico-efficient – a measure of income inequality (in aggregate and per capita terms) – in the report.
The report has emphatically linked the Gini co-efficient to inequality reduction in states.
PCI and Gini index are interlinked and states with high PCI are better placed to cut down on inequalities than states with lower PCI, saidKrishna ReddyChittedi, assistant professor of economics atHyderabad Central University. As per the Ecowrap report, the other top two states with high PCI are Goa and Sikkim and those with lowest are Bihar, Jharkhand, Madhya Pradesh, Chhattisgarh,Uttar Pradesh, and Rajasthan. The report also says that higher gross state domestic product (GSDP) is linked to a lower Gini ratio like PCI.