Chhattisgarh in Figures
Total Page:16
File Type:pdf, Size:1020Kb
CHHATTISGARH BHORAMDEO TEMPLE, CHHATTISGARH March 2021 For updated information, please visit www.ibef.org 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 & Policies 36 Appendix 45 2 Executive summary Strong mineral production base . It is the only state in India that produces tin concentrates and accounts for 35.4% of tin ore reserves of India. 1 During 2018-19, tin concentrate production in the state stood at 21,211 kgs. Korba - Power capital of India . Korba district in Chhattisgarh is known as the power capital of India. All villages in the state have been electrified 2 under Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY). Start up hub . E- commerce and other sectors which are in the start up stage have begun to grow in Raipur, converting the 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 3 larger market. Strong growth in agriculture . Between 2011-2012 and 2019-20, Gross Value Added (GVA) from the agriculture, forestry and fishing sectors in 4 the state grew at a CAGR of 12.53%. Source: Economic Survey of Chhattisgarh, Indian Bureau of Mines 3 INTRODUCTION 4 Chhattisgarh fact file Raipur Capital 189 persons per sq km 25.5 million Population density total population 1,35,194 sq.km. geographical area 12.7 million 12.8 million female population male population 991 Sex ratio 71.04% 27 administrative (females per 1,000 males) Key Insights literacy rate districts • 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. • Chhattisgarh has a tropical climate with three major seasons: summer (April-June), monsoon (July-September) and winter (October-March). Source: Andhra Pradesh State Portal, Andhra Pradesh Socio-Economic Survey 2018-19, 1For ten years 5 Advantage Policy and fiscal Rich labour pool incentives • Chhattisgarh has a high worker-participation rate (both . A wide range of fiscal and policy incentives male and female). for businesses have been announced under • The state has one of the lowest reported losses of man- the state’s Industrial Policy 2014-19. days attributed to labour problems in the country. Additionally, the state has well-drafted • Recently, the Government introduced online registration for its workers. policies for the IT/ITeS, minerals and energy sectors. Mineral resources Energy rich . Mineral resources are . Chhattisgarh is presently one of the Chhattisgarh’s biggest strength few states with surplus power. It has deposits of limestone, . It is among the few profitable states iron ore, copper, bauxite, in terms of utility-based electricity. dolomite and coal. Presence of coal makes . In May 2020, Chhattisgarh Chhattisgarh an ideal location for accounted for about 17.1% of pit-head-based thermal power the total mineral production in plants for both merchant sales and India. state consumption Note: GSDP - Gross State Domestic Product 6 State vision 1 Skill 7 Investment development promotion . Implemented the Skill 1 7 . Simplify procedures, and ensure Development Act 2013 to develop speedy clearances and balanced employment skills among youth. regional development. Promote downstream industries to 2 spread industrialisation. 6 2 Environment 6 Agriculture . Be a pollution free industrialised . Encourage contract farming state. 3 with the benefit of assured prices to . Put in place proper pollution control farmers. and environment management 5 . Ensure efficient use of irrigation, systems. rainwater harvesting for agro 4 processing industries. 3 Education 4 Investment 5 Infrastructure . Build a primary school within every five kilometres. promotion . Improve distance learning . Simplify procedures, and ensure . Connect all villages with better roads. programmes with the help of speedy clearances and balanced . Increase reliance on renewable information and communication regional development. energy. technology. Promote downstream industries to spread industrialisation. Source: Confederation of Indian Industry 7 Chhattisgarh in figures Chhattisgarh’s Contribution to Indian Economy (2019-20) Physical Infrastructure in Chhattisgarh GSDP GSDP as a percentage of all states’ GSDP Installed power capacity (MW) (as of February 2021) India: 100.0 | Chhattisgarh: 1.64 India: 379,130.41 | Chhattisgarh: 13,101.27 GSDP growth rate* (%) Wireless subscribers (million) (as of September 2020) India: 11.5 | Chhattisgarh: 9.96 India: 1,148.58 | Chhattisgarh: 20.50 Per capita GSDP* (US$) Internet subscribers (million) (as of September 2020) India: 1982.65 | Chhattisgarh: 1593.38 India: 776,455 | Chhattisgarh: 51.321 Social Indicators National highway length (km) (as of December 2020) India: 136,440 | Chhattisgarh: 3,620.45 Literacy rate (%) India: 64.8 | Chhattisgarh: 71.04 Airports (No.) Birth rate (per 1,000 population) (2018) India: 125 | Chhattisgarh: 2 India: 20 | Chhattisgarh:22.5 Industrial Infrastructure Investments (US$ million) Operational PPP projects (No.) (December 2019) Cumulative FDI equity inflows (From October India: 1824 Chhattisgarh: 22 2019 to December 2020) (US$ million) India: 75,351.56 | Chhattisgarh: 0.03 Exporting SEZs (No.) (as of February 2020) India: 240 | Chhattisgarh:2 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 = Rs. 72.15, 1Denotes Madhya Pradesh including Chhattisgarh, For sources refer to Annexure. 8 ECONOMIC SNAPSHOT 9 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.) 9.96 % CAGR (in Rs.) 8.21% 3.5 1,600 50 100000 3.62 3 1,400 40 3.29 112,318 49.90 2.5 3.04 1,200 80000 46.70 105,424 1,593.38 96,548 43.51 2.74 1,508.42 42.52 30 2 1,498.03 89,816 2.51 1,000 37.39 1,338.73 2.25 60000 81,907 34.40 1.5 20 800 1,251.25 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 2019-20 US$ billion Rs. trillion US$ Rs. At current prices, the total GSDP of Chhattisgarh reached Rs. The state’s per capita GSDP in 2019-20 was Rs. 122,318 3.62 trillion (US$ 49.90 billion) in 2020-21BE. (US$ 1,593.38). The state’s GSDP (in Rs.) increased at a compound annual . rThe pe capita GSDP (in Rs.) increased at a CAGR of 8.21% growth rate (CAGR) of 9.98% between 2015-16 and 2020- between 2015-16 and 2019-20. 21BE. Note: A- Advance estimate, E-first estimate, BE- Budget Estimate Source: Directorate of Economics and Statistics of Chhattisgarh, MOSPI 10 Economic snapshot – NSDP NSDP of Chhattisgarh at Current Prices Per Capita NSDP of Chhattisgarh at Current Prices 45 3.5 1,600 120000 CAGR (in Rs.) 9.5% CAGR (in Rs.) 7.7% 40 3 1,400 100000 35 40.86 2.5 1,200 2.88 38.14 30 37.36 80000 2.67 1,000 1,394.25 98,281 1,322.26 32.86 2 1,316.11 92,413 25 2.41 30.65 84,823 2.20 800 60000 1,176.38 78,924 2.01 20 1.5 1,115.05 600 72,991 15 40000 1 10 400 0.5 20000 5 200 0 0 0 0 2015-16 2016-17 2017-18 2018-19 2019-20 2015-16 2016-17 2017-18 2018-19 2019-20 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 stood at 98,281 (US$ 2.88 trillion (US$ 40.86 billion) in 2019-20. 1,394.25). The state’s GSDP (in Rs.) increased at a compound annual . The per capita GSDP (in Rs.) increased at a CAGR of 7.7% growth rate (CAGR) of 9.5% between 2015-16 and 2019-20. between 2015-16 and 2019-20. Note: exchange rates used are averages of each year, Source: Directorate of Economics and Statistics of Chhattisgarh, MOSPI 11 Economic snapshot – % distribution of GSVA . In 2019-20, the tertiary sector contributed to 36.86% of VisakhapatnamGSVA Composition port trafficby Economic (million Activity tonnes) Chhattisgarh’s GSVA (at current prices), followed by secondary sector at 32.88% and primary sector at 30.27% 100% 34.63% CAGR 36.86% 90% . Tertiary sectors in the state, including trade, hotels, transport, railways and other services, grew the fastest at a CAGR of 10.63% 80% 10.63% between FY12 and FY20. 70% 34.00% . The secondary sector increased at a CAGR of 9.31% between FY12 60% 32.88% and FY20. 50% 9.31% 40% 30% 31.37% 30.27% 20% 9.28% 10% 0% 2011-12 2019-20 Primary Sector Secondary Sector Tertiary Sector Note: A - advanced estimates Source: Directorate of Economics and Statistics of Chhattisgarh, MOSPI 12 Economic snapshot – FDI inflows and investments FDI Inflows in Chhattisgarh1 in April 2000-March 2020 (US$ Proposed Investments million) 2 1,431 Proposed investments 31 1,500 76 28 Year IEMs filed 80 (in US$ million) 101 1,200 118 220 2016 50 1,839.1 900 123 654 2017 38 385.3 600 300 2018 35 531.67 0 2019 61 734.30 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 2020* 8 332.81 FY01-11 FY01-20 .