By A O News Service
RONO HILLS, Mar 30: Arunachal Pradesh per capita income (PCI) 84.64% of national average in 1985-86 rose to 18% above national average in 2017-18, posing serious questions, said RGU economic head Prof S K Nayak.
Highlighting state’s economic growth during a national seminar here on Saturday, he said the formula-based calculation was proved wrong after painstaking efforts involving higher authorities of the GoAP as the state recorded agricultural growth of 0.5%, 24.4% industrial and service sector 6.08% according to Govt data.
He doubted the industrial growth, particularly mining, quarrying and manufacturing that recorded abysmally high gwith rate of 49% and 40% respectively during 2011-17.
Vice chancellor Prof Saket Khuswaha said that the available natural stock and regeneration are parameters for such calculation but the stock depletion might have been taken into account without considering the available stock.
It may be mentioned here that Arunachal Pradesh, with over 50,000 sqkm of moderate to very dense forests, is equivalent to 550 million cubic metre growing stock or living assets (equivalent to 2000 million metric tons of carbon dioxide) that serves as one of the major ‘carbon sinks’ or ‘lungs’ of the globe, State Forest Research Institute director P Subramanyam had said in 2012.
Responding to question from former VC Prof Tamo Mibang if there was any survey on PCI of people living in higher reaches along border areas and on other side in China, Prof Nayak replied positively, saying comparatively it was higher in China side. Arunachal Pradesh PCI is Rs 1, 19, 481 as mentioned in list of Indian states and union territories of GDP per capita.
Replying to this daily – if the GDP formula was correct, he said that it has international dynamism and changes from nation to nation.