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In the past 10 years, the two poll-bound states of Haryana and Maharashtra have seen major changes to their economy. As Table 1 shows, Haryana's economy is now much more services-intensive than it used to be in 2004-05. In Maharashtra, agriculture has shrunk further as a proportion of gross state domestic product.
As Table 2 shows, both states have seen relatively high growth even in the recent slowdown. But agricultural growth has been most sharply hit, as Table 3 shows.
Table 4 suggests industrial growth may be recovering; and Table 5 that services growth has come down from the peaks of the past, but is still strong.
As Table 6 shows, per capita state domestic product is similar, with Maharashtra having a slight edge.
This is confirmed by Table 7, which shows that per capita growth has been above five per cent in both states, in some years closer to eight per cent.
Both states have suffered from some governance problems, however. Table 8 isolates one such sector: Electricity. Maharashtra has been unable to control escalating prices for commercial electricity; while the difference between agricultural and industrial electricity in Haryana is stark.
Neither state, hemmed in by such subsidies, has been able to reduce non-development expenditure as a proportion of gross state domestic product, shown in Table 9. However, both have cut revenue expenditure by similar proportions.
Compiled by: BS Research Team
Graphics by: Anisha Dutta
