Dehradun Capital 189 Persons Per Sq Km 10.09 Million Population Density Total Population
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UTTARAKHAND KEDARNATH TEMPLE IN KEDARNATH, UTTARAKHAND 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 23 Industrial Infrastructure 26 Key Sectors 28 Key Procedures & Policies 38 Appendix 46 2 Executive summary Evolving industrialisation facilitating growth • Uttarakhand has witnessed massive growth in capital investments due to a conducive industrial policy and 1 generous tax benefits. Therefore, Uttarakhand is one of the fastest growing states in India. The state’s GSDP increased at a CAGR of 9.39% between FY16 and FY20. Thriving tourism • The state is situated in the foothills of Himalayas. The presence of several hill stations, wildlife parks, pilgrimage places & trekking routes make Uttarakhand an attractive tourist destination. In 2019(P), domestic tourist inflow in 2 the state were 35.60 million and foreign tourist visits had crossed over 0.15 million Hydropower generation potential • Uttarakhand is being developed as an ‘energy state’ to tap the hydropower electric potential of over 25,000 MW. 3 • As of February 2021, hydropower generation installed capacity in the state stood at 1,975.89 MW. Forest sector on growth path • Forest area covers about 71.05% of the state. The state’s GSVA from forestry and logging grew at a CAGR of 4.60% between 2011-12 and 2018-19 to reach US$ 538.81 million. 4 • The Uttarakhand government has prepared a draft of an ecotourism policy to promote conservation and ensure livelihood to local people who migrate to cities for work. Floriculture and Horticulture • Uttarakhand has almost all agro-geo climatic zones, which provide commercial opportunities for floriculture and horticulture. The state has 175 rare species of medicinal & aromatic plants and 403 horticulture-based units 5 • Under the Vision 2030, the processing capacity of horticulture produce will be enhanced from 7.5% to 15% of the total horticulture production by 2030. Note: P - Provisional, MW- megawatt, GVA- Gross Value Added Source: Central Electricity Authority, Forest Department, Uttarakhand, Ministry of Tourism, Ministry of Statistics and Programme Implementation, Economic survey of Uttarakhand 2018-19 3 INTRODUCTION 4 Advantage – Uttarakhand Favourable location and abundant resources Policy and Infrastructure • The state has close proximity to the national capital of Delhi, a • The state offers a wide range of benefits in terms of leading market of the country and excellent connectivity with interest incentives, financial assistance, subsidies and neighbouring states. concessions. • Abundant natural resources due to hills and forests supporting • Uttarakhand has a strong social and industrial tourism, and vast water resources favouring hydropower. Agro- infrastructure, virtual connectivity with over 39,000 km of climatic conditions support horticulture-based industries. road network, two domestic airports, 339.80 km of rail routes and an installed power capacity of 3,697.39 MW (as of February 2021). Stable political environment • The state has a stable political environment with successive governments that have been Adequate labour pool committed towards creating a • The average literacy level is high.A progressive business large pool of talented human resources environment. is available as Uttarakhand has some of • The state is one of the best the leading educational institutions in destinations for investors the country. because of conducive • Top-notch institutes, such as IIT sociopolitical environment, Roorkee and IIM Kashipur, are located speedy development of in the state. infrastructure and comprehensive & investor- friendly state policies. Source: Central Electricity Authority, News Article 5 Uttarakhand vision 2030 1 HEALTH • Affordable healthcare with focus on disease 8 TOURISM prevention. • Promote the state as a global tourist • Provide state funded maternal and child destination by showcasing its spiritual, healthcare, especially in rural areas. cultural and adventure tourism. • To attain a position among the top 3 destination states by 2030. 2 TRANSPORT 1 8 • Strengthen road network in urban areas and upgrade national highways. 7 AGRICULTURE • Develop two major all-weather airports • Reduce the use of fossil fuel with connectivity to metro cities. • Transform through diversification towards horticulture, aromatic and 2 7 medicinal plants, animal husbandry, etc. and give additional employment 3 EDUCATION & SKILL opportunities DEVELOPMENT • Quality primary education to be 6 INFRASTRUCTURE provided to all children. • Harness hydropower for 100% • Job oriented vocational training 3 6 electrification in the state and supply facilities and establishment of higher power to other states. education institutions. • Connect major cities through multi-lane highways and proper roads for villages. 4 5 4 INDUSTRIES 5 ENVIRONMENT • Become a world leader in green energy • Promote the state as a green economy by leveraging hydropower potential. by focusing on sectors such as IT, • Promote micro and small enterprises. agriculture, tourism, hydropower and education. • 100% solid waste management, wastewater treatment and recycling. Source: Confederation of Indian Industry 6 Uttarakhand fact file Dehradun Capital 189 persons per sq km 10.09 million Population density total population 53,483 lakh sq.km. geographical area 4.9 million 5.1million female population male population 963:1000 Source: Uttarakhand Government Portal Sex ratio (http://uk.gov.in/images/map.jpg) 79.63% administrative districts: 24 (females per 1,000 males) Key Insights literacy rate • Uttarakhand is located at the foothills of the Himalayan mountain ranges. The state share borders with China (Tibet) in the north & Nepal in the east and inter-state boundaries with Himachal Pradesh in the west and northwest and Uttar Pradesh in the south. • Hindi, Garhwali and Kumaoni are commonly spoken languages in the state. English is the medium of education in many of its schools. • Uttarakhand has diverse geographical features ranging from snow-capped mountain peaks in the north to tropical forests in the south; its climate and vegetation vary accordingly. • The state was formed in November 2000 by carving out the 13 hill-districts of Uttar Pradesh. It was formerly named Uttaranchal. Source: Uttarakhand at a Glance, 2018-19, Directorate of Economics and Statistics 7 Uttarakhand in figures Uttarakhand’s Contribution to Indian Economy (2019-20) Physical Infrastructure in Uttarakhand Installed power capacity (MW) (as of February GSDP GSDP as a percentage of all states’ GSDP India: 100 | Uttarakhand: 1.24 2021) India: 379,130.41| Uttarakhand: 3,697.39 GSDP growth rate (%) Wireless subscribers* (million) (as of June 2020) India: 11.5 | Uttarakhand: 7.14 India: 1,153.7 | Uttarakhand: 62.42 Per capita GSDP (US$) Internet subscribers* (million) (as of June 2020) India: 1,982.65| Uttarakhand: 3,208.18 India: 776.45| Uttarakhand: 39.04 Social Indicators National highway length (km) (as of September 2019) India: 132,499.5 | Uttarakhand: 2,949.3 Literacy rate (%) India: 74.04| Uttarakhand : 79.63 Airports (No.) India: 153 | Uttarakhand: 2 Birth rate (per 1,000 population) (2018) India: 20 | Uttarakhand : 16.7 Investments (US$ million) Industrial Infrastructure Cumulative FDI equity inflows between October 2020 and December 2020 (US$ million) Operational PPP projects (No.) (April 2020) India: 75,351.56| Uttarakhand : 17.67 India: 901 | Uttarakhand: 34 Note: GSDP growth in rupee terms , PPP- Public-Private Partnership, FDI- Foreign Direct Investment, SEZ: Special Economic Zone, SRS: Sample Registration System,* - Uttarakhand is included in Uttar Pradesh West telecom circle, For sources refer to annexure 8 ECONOMIC SNAPSHOT 9 Economic snapshot – GSDP GSDP at current prices GSDP per capita at current prices 40.00 3 3,500 250,000 CAGR (In Rs.) 9.39% CAGR (In Rs.) 8.10% 35.00 2.5 3,000 200,000 3,208 30.00 35.99 3,114 2.54 3,055 34.13 33.88 2,500 226,144 2.37 2 25.00 213,535 2.20 2,686 200,706 29.08 150,000 2,000 2,530 1.95 27.06 20.00 1.5 180,171 1.77 1,500 165,588 15.00 100,000 1 10.00 1,000 0.5 50,000 5.00 500 0.00 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, Uttarakhand’s GSDP stood at Rs. 2.54 trillion . Uttarakhand’s per capita GSDP reached Rs. 226,144 (US$ (US$ 35.99 billion) in 2019-20. 3,208) in 2019-20. Between 2015-16 and 2019-20, GSDP of the state increased at a . The per capita GSDP increased at a CAGR of 8.10% between CAGR of 9.39%. 2015-16 and 2019-20. Note: Exchange rates used are averages of each year, provided on page 47, AE - Advanced estimate, PE - Provisional estimate Source: Ministry of Statistics and Programme Implementation 10 Economic snapshot – NSDP NSDP at current prices (in US$ billion) NSDP per capita at current prices (in US$) 3,500 250,000 35.00 CAGR (In Rs.) 9.50% 2.5 CAGR (In Rs.) 8.22% 30.00 3,000 2 200,000 2.28 32.29 2.12 2,500 25.00 30.71 30.37 2,878 1.98 2,802 2,739 150,000 1.5 202,895 26.11 2,000 20.00 1.75 191,450 2,411 24.18 1.58 180,613 2,260 1,500 15.00 1 161,752 100,000 147,936 10.00 1,000 0.5 50,000 5.00 500 0.00 0 0 0 2015-16 2016-17 2017-18 2018-19 2019-20 2015-16 2016-17 2017-18 2018-19 2019-20 US$ billion Rs trillion US$ Rs . At current prices, Uttarakhand’s Net State Domestic Product . Uttarakhand’s per capita NSDP stood at Rs. 202,895 (US$ (NSDP) was estimated at Rs. 2.28 trillion (US$ 32.29 billion) in 2,878) over 2019-20. 2019-20.