Majority of states' GDP growth better than all-India average
PTI : New Delhi, Thu Dec 27 2012, 22:06 hrs
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Also, it said the decentralisation of economic investment decisions has given rise to competitive spirit among states to unlock their growth potential. The net result of this was evolution of healthy competition among states for attracting private investments.
"The government policy, bureaucratic efficiency, infrastructure endowments and work culture of states were decisive in allocation of investments across states. The process has eventually placed the Indian economy on high growth trajectory," Rawat said.
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