National Capital Region (India): Economic Scenario
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The source of this article
Draft Revised Regional Plan 2021: National Capital Region
July, 2013
National Capital Region Planning Board, Ministry of Urban Development, Govt. of India, Core-4B, First Floor, India Habitat Centre, Lodhi Road, New Delhi-110003
National Capital Region Planning Board
National Capital Region (India): Economic Scenario
BACKGROUND
The size and nature of economic activities in NCR have changed over the years. Improvement of urban infrastructure especially in terms of connectivity after the completion of Phase II of Delhi Metro and its extensions to the CNCR and construction of expressways have had a profound effect on the nature of economic activities within NCR. Other proposed projects like the DMIC Corridor and Dedicated Freight Corridor are expected to have a further significant impact on the economic activities in NCR.
5.1.1 Gross Domestic Product
During the period 2004-05 to 2009-10, the Gross Domestic Product (GDP) of India increased by 52 percent whereas the GDP of NCR increased by 67 percent Table 5.1.
NCR contributed 7.1 percent to India’s GDP
in 2009-10, whereas its share in the
population was 3.8 percent and its land area
even lesser at 1 percent (Figure 5.1).
5.1.2 Growth Rate of GDP
During the period 2004-05 to 2009-10, NCR’s GDP growth rate has consistently been higher than the all India growth rate except for the year 2007-08 when the growth rate of GDP of NCR and India were almost equal (Table 5.2 and Fig. 5.2).
Box 5.1 The contribution of the NCR in India’s GDP is almost twice its share of population.
Source: CSO (National Account Statistics); Economic Survey of Delhi, 2012-13; Department of Economic and Statistical Analysis, Haryana;
Directorate of Economics and Statistics, Rajasthan; updes.up.nic.in Note: Analysis has been done from 2004-05 onwards because data for the previous periods uses a different base price.
5.1.3 Per Capita Income
During the period 2004-05 to 2009-10, the per capita income of NCR went up from Rs. 38,758 to Rs. 59,264 whereas the all India figures for the same period were Rs. 24,143 and Rs. 33,901 respectively (Table 5.3).
Directorate of Economics and Statistics, Rajasthan; updes.up.nic.in
Source: CSO (National Account Statistics); Economic Survey of Delhi. 2012-13; Department of Economic and Statistical Analysis, Haryana; Directorate of Economics and Statistics, Rajasthan; updes.up.nic.in
Table 5.4 shows the temporal change in per capita income growth rates during the period of analysis. The rate of growth of per capita income of NCR had been higher than the rate of growth of per capita income of India except in the period 2007-08 when the rate of growth of per capita income of NCR was 6.6 percent and that of India was 8.1 percent.
5.2 SUB-REGION WISE ANALYSIS
Among the various sub regions of NCR, Delhi had the highest share of GDP in NCR followed by Haryana, Uttar Pradesh and Rajasthan Sub-Regions in 2009-10 (Table 5.5).
Box 5.2 The Per Capita Income of the NCR had consistently been higher than the India’s Per Capita Income during the period 2004-05 to 2009-10.
6.0 7.0 8.0 9.0 10.0 11.0 12.0 13.0 14.0 2005-06 2006-07 2007-08 2008-09 2009-10 Annual Growth Rate of GDP AGR of GDP (NCR) AGR of GDP (India)
0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 2005-06 2006-07 2007-08 2008-09 2009-10
Percentage
NCT Delhi Haryana Sub-region Rajasthan Sub-region Uttar Pradesh Sub-region NCR
