States with above $4000 percapita

By D. Muthukrishnan

Large states with above $4000 percapita, for the last financial year:

Telangana $4687

Karnataka $4385

Haryana $4313

Tamil Nadu $4212

All the above states would cross $5000 GDP percapita latest by 2026.

These states are capable of coming out of low or middle income trap and reach the threshold of advanced economies, around $13,000 percapita within next 10 years. But all these states need to grow at a nominal GDP growth rate of 12% to 14% to make it happen. Not an easy task.

Not that a Gujarat or Maharashtra cannot do it. In all likelihood, these two states are equally capable. For now, their percapita is lesser than $4000. Gujarat GDP growth rate is decent. But Maharashtra is struggling. It's nominal growth rate of current year is pegged at meagre 5.5%.

These 6 states - Telangana, Karnataka, Haryana, Tamil Nadu, Maharashtra and Gujarat looks like reaching the levels of advanced economies.

Added to this six - two more have potential to join the high GDP percapita rank- Andhra Pradesh and Kerala.

For now, other states looks unlikely.

If you see the 8 states - it includes all the 5 in south and all the 2 in west. Only Haryana comes from north.

I want all the states in India to grow.

But this is as per my current understanding.

https://x.com/dmuthuk/status/1892760637974904980?t=-hRtFyu0tOsnCSTXx3dxLQ&s=19

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