What is privatisation ? How promoting privatisation improve the economic condition of Mizoram
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Mizoram is one of the fastest growing economies among the states of India with a per capital income of Rs 50,021. Mizoram had the second highest GSDP growth during the 11th Five Year Plan (2007–2012) in Northeast India at 11% exceeding the target of 7.8% which is also much higher than the national average of 7.9%. During the 10th Five Year Plan (2002–2007), the Gross State Domestic Product (GSDP) was expected to grow at around 5.3% but grew at 5.7%. The biggest contributors to GSDP growth are agriculture, public administration and construction work.[3] Tertiary sector of service sector continued to have the contribution to the GSDP with its share hovering between 58% and 60% during the past half a decade.
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