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Chhattisgarh the Mineral Basket

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Chhattisgarh the Mineral Basket BHORAMDEO TEMPLE, CHHATTISGARH CHHATTISGARH THE MINERAL BASKET For information, please visit www.ibef.org June 2020 Table of Contents Executive Summary .…………….…….…....3 Introduction ……..………………………...….4 Economic Snapshot ……………….….…….9 Physical Infrastructure ………..……...........15 Social Infrastructure ..................................22 Industrial Infrastructure ……..……….........25 Key Sectors ………….………………....…...28 Key Procedures and Policies…………….…...36 Annexure.………….……..…........................45 EXECUTIVE SUMMARY . Chhattisgarh ranked fourth in terms of value of mineral production (excluding atomic, fuel and minor minerals) in India, with a 15.66 per cent share in 2018-19. It is a leading producer of minerals such as coal and iron ore. Strong mineral production . In 2018-19, the state accounted for about 21 per cent of the overall iron ore production in India. Iron ore from base Bailadila mines in the state is considered to be among the best in the world. It is the only state in India that produces tin concentrates and accounts for 35.4 per cent of tin ore reserves of India. During 2018-19, tin concentrate production in the state stood at 19,410 kg. Korba – Power capital of . Korba district in Chhattisgarh is known as the power capital of India. All villages in the state have been India electrified under Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY). E- commerce and other sectors which are in the start up stage have begun to grow in Raipur, converting the Start up hub states into a start up hub. By setting up a start up in the state, the player can enjoy first mover advantage and capture a larger market. Leading investment . Chhattisgarh has emerged as one of the most preferred investment destinations in India. The state has been destination in India acclaimed as “one of the best fiscally managed states” by the Reserve Bank of India (RBI). Strong growth in . Between 2011-2012 and 2018-19, the Gross Value Added (GVA) from the primary sector in the state grew at agriculture a CAGR (in Rs) of 11.24 per cent. Source: Economic Survey of Chhattisgarh, Indian Bureau of Mines 3 CHHATTISGARH For information, please visit www.ibef.org CHHATTISGARH INTRODUCTION FACT FILE . Chhattisgarh is located in central India. The state shares its border with Madhya Pradesh and Maharashtra in the west, Uttar Pradesh in the north, Odisha and Jharkhand in the east and Andhra Pradesh in the south. The languages spoken are Chhattisgarhi and its local dialects, along with Hindi and English. Raipur, Bhilai, Durg, Bilaspur, Korba and Rajnandgaon are some of the major cities of the state. Source: Maps of India . Chhattisgarh has a tropical climate with three major seasons: summer (April-June), monsoon (July-September) and winter Parameters Chhattisgarh (October-March). Capital Raipur Geographical area (sq km) 1,35,194 sq. km Administrative districts (No) 27 Population density (persons per sq km) 189 Total population (million) 25.5 Male population (million) 12.8 Female population (million) 12.7 Sex ratio (females per 1,000 males) 991 Literacy rate (%) 71.04 % Source: Chhattisgarh Economic Survey, Census 2011 5 CHHATTISGARH For information, please visit www.ibef.org ADVANTAGE Mineral resources Policy and fiscal incentives . Mineral resources are Chhattisgarh’s biggest strength . A wide range of fiscal and policy incentives for businesses . It has deposits of limestone, iron ore, copper, bauxite, have been announced under the state’s Industrial Policy dolomite and coal. 2014-19. Chhattisgarh accounts for about 17 per cent of India’s coal . Additionally, the state has well-drafted policies for the reserves. IT/ITeS, minerals and energy sectors. Advantage Chhattisgarh Energy rich Rich labour pool . Chhattisgarh is presently one of the few states with surplus . Chhattisgarh has a high worker-participation rate (both power. male and female). It is among the few profitable states in terms of utility-based . The state has one of the lowest reported losses of man- electricity. days attributed to labour problems in the country. Presence of coal makes Chhattisgarh an ideal location for pit- . Recently, the Government introduced online registration head-based thermal power plants for both merchant sales for its workers. and state consumption. Note: GSDP – Gross State Domestic Product 6 CHHATTISGARH For information, please visit www.ibef.org STATE VISION . Develop a world class rail and . Implemented the Skill road network for better Development Act 2013 to develop connectivity with metros. employment skills among youth. Implement the Bastar-Raoghat rail project for transporting minerals. Simplify procedures, and ensure Skill . Be a pollution free industrialised speedy clearances and Transport development state. balanced regional development. Put in place proper pollution . Promote downstream industries control and environment to spread industrialisation. Investment management systems. Environment promotion Vision . Make the state a world class 2022 . Build a primary school within tourist destination. Tourism Education every five kilometres. Promote religious, adventure . Improve distance learning and heritage tourism, and programmes with the help of attract private investment in the Agriculture Infrastructure information and communication sector. technology. Encourage contract farming with the benefit of assured prices . Connect all villages with better to farmers. roads. Ensure efficient use of irrigation, . Increase reliance on renewable rainwater harvesting for agro energy. processing industries. Source: Confederation of Indian Industry 7 CHHATTISGARH For information, please visit www.ibef.org CHHATTISGARH IN FIGURES Chhattisgarh’s Contribution to Indian Economy (2017-18) Physical Infrastructure in Chhattisgarh Parameter Chhattisgarh India Parameter Chhattisgarh India GSDP as a percentage of all 1.64 100.0 Installed power capacity states’ GSDP 12,835.40 370,106.46 (MW) (As of March 2020) GSDP growth rate* (%) 9.66 11.5 Wireless subscribers (mn) 1 74.60 1,156.43 Per capita GSDP* (US$) 1,342.85 1,982.65 (as of January 2020) Social Indicators Internet subscribers (Mn) 1 44.44 687.62 (As of September 2019) Chhattisgarh Parameter India National highway length 3,605.8 1,31,326 Literacy rate (%) 71.04 64.8 (km) (November 2019) Birth rate (per 1,000 22.8 20.4 Airports (No) population) (2017) 2 129 Industrial Infrastructure Investments (US$ billion) Chhattisgarh Parameter India Parameter Chhattisgarh1 India Operational PPP projects (No) 22 1824 Cumulative FDI equity inflows (As on December 2019) between April 2000–March 1.43 469.99 Exporting SEZs (No) (February 2020 2 240 2020) Note: *in Rs terms, GSDP, per capita GSDP figures are taken at current prices, Exchange Rate used is average of 2017-18, i.e. USD = INR 72.15, 1Denotes Madhya Pradesh including Chhattisgarh, For sources refer to Annexure. 8 CHHATTISGARH For information, please visit www.ibef.org CHHATTISGARH ECONOMIC SNAPSHOT ECONOMIC SNAPSHOT – GSDP GSDP of Chhattisgarh at Current Prices Per Capita GSDP of Chhattisgarh at Current Prices 60 4 1,800 120000 CAGR (in Rs) 9.75 % CAGR (in Rs) 4.38% 3.5 1,600 50 100000 3.64 3.62 3 1,400 52.07 40 51.83 3.12 2.5 1,200 80000 1,594.45 102,762 2.84 44.59 44.10 96,887 30 2 93,890 2.55 1,000 1,399.46 37.97 85,199 2.27 1,342.85 60000 1,301.54 34.74 1.5 20 800 1 600 40000 10 0.5 400 20000 0 0 200 0 0 2015-16 2016-17 2017-18 2018-19A 2019-20E 2020-21BE 2015-16 2016-17 2017-18 2018-19 US$ billion Rs trillion US$ Rs . At current prices, the total GSDP of Chhattisgarh reached Rs . The state’s per capita GSDP in 2018-19 was Rs 96,887 (US$ 3.62 trillion (US$ 51.83 billion) in 2020-21. 1,342.85). The state’s GSDP increased at a compound annual growth rate . The per capita GSDP (in Rs) increased at a CAGR of 4.38 per (CAGR) (in Rs) of 9.75 per cent between 2015-16 and 2020-21. cent between 2015-16 and 2018-19. Note: A- Advance estimate, E-first estimate, B.E- Budget Estimate Source: Directorate of Economics and Statistics of Chhattisgarh, MOSPI 10 CHHATTISGARH For information, please visit www.ibef.org ECONOMIC SNAPSHOT – NSDP NSDP of Chhattisgarh at Current Prices Per Capita NSDP of Chhattisgarh at Current Prices 45 3 1,600 120000 CAGR (in Rs) 10.12% CAGR (in Rs) 9.60% 40 1,400 2.5 100000 35 2.79 1,200 2.55 39.55 30 38.73 2 80000 2.29 1,000 1,393.53 96,887 34.06 25 1,342.85 2.02 89,813 30.90 1.5 800 1,219.37 60000 81,808 20 1,124.20 600 73,590 15 1 40000 10 400 0.5 20000 5 200 0 0 0 0 2015-16 2016-17 2017-18 2018-19 2015-16 2016-17 2017-18 2018-19 US$ billion Rs trillion US$ Rs . At current prices, the total GSDP of Chhattisgarh reached Rs . The state’s per capita GSDP in 2018-19 was Rs 96,887 (US$ 2.79 trillion (US$ 38.73 billion) in 2018-19. 1,342.85). The state’s GSDP increased at a compound annual growth rate . The per capita GSDP (in Rs) increased at a CAGR of 9.60 per (CAGR) (in Rs) of 10.12 per cent between 2015-16 and 2018- cent between 2015-16 and 2018-19. 19. Note: exchange rates used are averages of each year, Source: Directorate of Economics and Statistics of Chhattisgarh, MOSPI 11 CHHATTISGARH For information, please visit www.ibef.org ECONOMIC SNAPSHOT – PERCENTAGE DISTRIBUTION OF GSVA . In 2018-19 (A), tertiary sector contributed the highest to VisakhapatnamGSVA Composition port trafficby Economic (million Activity tonnes) Chhattisgarh’s GSVA (at current prices) with a share of 40.11 per cent, followed by secondary sector at 35.76 per cent and primary 100% 34.63% CAGR 40.11% sector at 32.26 per cent.
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