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Mizoram Land of the Blue Mountains

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Mizoram Land of the Blue Mountains KALADAN RIVER, MIZORAM MIZORAM LAND OF THE BLUE MOUNTAINS For updated information, please visit www.ibef.org April 2018 Table of Content Executive Summary .…………….….…….3 Advantage State …………………….…….4 Mizoram Vision 2020 ..…………………….5 Mizoram – An Introduction …..………..….6 Annual Budget …………..………...……16 Infrastructure Status ................................17 Business Opportunities ……..……….......29 Doing Business in Mizoram ………………48 State Acts & Policies …….……….............50 EXECUTIVE SUMMARY . Bamboo forests cover around 30 per cent (6,346 sq km) of Mizoram’s geographical area, with a yield of 3.2 Strong bamboo million tonnes per year. During 2015-16, various initiatives were taken by the state government for enhancement of bamboo industry in the state such as “Awareness Campaign on Bamboo Furniture and processing sector Setting Up of Bamboo Furniture Clusters”, “Awareness Campaign on Bamboo Utilisation and Setting Up of Clusters”, etc. During 2016-17, raw silk production in Mizoram stood at 76 metric tonnes and reached 81 metric tonnes in Sericulture 2017-18 (up to November 2017). Moreover, Production of cocoon during 2015-16 was recorded to be 525.44 MT. Of the 24,000 hectares of potential area for fish farming in Mizoram, around 5,450 hectares has been Scope for fisheries utilised, as of 2016-17. Fish production in the state reached 7,630 metric tonnes during 2016-17. Large hydroelectric . Mizoram has the potential to generate 4,500 MW of hydro power, of which 94.19 MW was installed as of power potential March 2018. More PPP participation is expected to enhance the production. Source: Mizoram Economic Survey, 2017-18 3 MIZORAM For updated information, please visit www.ibef.org ADVANTAGE: MIZORAM March 2018 Abundant natural resources Rich labour pool & infrastructure support Potential . Mizoram has a large forest area and contributes 14 per . With a literacy rate of 91.33 per cent, Mizoram offers a cent to the country’s bamboo production. highly literate workforce. Knowledge of English is an Installed added advantage for the Mizo workforce. Hydro- . The climatic conditions in the state provide a breeding Hydro power ground for commercial exploitation of all kinds of . With improving road, rail & air connectivity & the electric potential: silkworm. establishment of trade routes with neighbouring power: countries, trade facilitation has improved over the last 4,500 MW 94.19 MW decade. Advantage Mizoram High economic Location advantage growth supported by constructive policies and trade opportunities . The Gross State Domestic Product (GSDP) at current . Industries in the state enjoy a unique location-specific prices grew at 17.61 per cent CAGR (in Rs) between advantage. Bordering Myanmar & Bangladesh, FY12-17. Mizoram offers a gateway for engaging in international trade with Southeast Asian countries. The state provides a wide variety of incentives under its various policies. Government is taking steps to boost palm oil cultivation in the state. Special incentives for promotion of export-oriented industries and other thrust sectors are also provided. 4 MIZORAM For updated information, please visit www.ibef.org MIZORAM VISION 2020 . Improving standard of living of people in the region to meet the . Government plans to grow GSDP by national standard by 2020. 12.8 per cent and per capita GSDP by . Improving the quality and 10.1 per cent over the period 2015- creating state-of-art hospitals 2022. and educational institutions. Encouraging public investment in infrastructure to attract Quality of life of . Better governance and ensuring private investment. people Growth rate in GSDP peace and harmony through . Creating a centre for maximising self-governance and trade and commerce increased people participation. through improving Promoting relations with investments Governance neighbouring countries. Vision 2020 . Encouraging HYV crops Agriculture Industry . Development of agro-processing and through better use of organic sericulture industries. manure, fertilizers and pesticides. Increase in investment in . Preventing soil erosion by manufacturing units depending upon controlling floods. Infrastructure Tourism the availability of resources in the . Promoting cultivation of region. horticulture crops. NER Vision 2020 recognises the challenges faced by power sector in . Focusing and developing services that Mizoram. Objective of the vision is to would promote tourism and create upgrade and expand the power employment opportunities in the state. transmission network in the state. Source: NER Vision 2020; HYV: High Yielding Variety 5 MIZORAM For updated information, please visit www.ibef.org MIZORAM FACT FILE Parameters Mizoram Capital Aizawl Geographical area (lakh sq. km) 21,081 Administrative districts (No) 8 Population density (persons per sq. km) 52 Total population (million) 1.1 Male population (million) 0.55 Female population (million) 0.54 Source: Maps of India Sex ratio (females per 1,000 males) 976 . Mizoram shares borders with other north-eastern states of Manipur, Literacy rate (%) 91.33 Tripura and Assam & neighbouring countries of Bangladesh & Myanmar. The most commonly spoken languages of the state are Mizo & English, apart from the various local dialects. Kolasib, Vairengte, Bairabi, Saiha, Champhai & Sairang are the key cities in the state. Mizoram has primarily sand-loamy & clay-loamy soil with deposits of shell limestone, coloured hard stone, clay mineral, coal seam, oil & gas. The natural beauty of the state has a tremendous tourist potential. Source: Economic Survey 2017-18 6 MIZORAM For updated information, please visit www.ibef.org MIZORAM IN FIGURES … (1/2) Parameter Mizoram All states Source Economy 2016-17 2016-17 Planning and Implementation Department, GSDP as a percentage of all states’ GSDP 0.11 100.0 Government of Mizoram, MOSPI Planning and Implementation Department, GSDP growth rate (%) 6.49 10.80 Government of Mizoram, MOSPI Planning and Implementation Department, Per capita GSDP (US$) 2,006 1,750.29 Government of Mizoram, MOSPI Physical Infrastructure Installed power capacity (MW) 192.02 344,002.39 Central Electricity Authority, as of March 2018 Telecom Regulatory Authority of India, as of Wireless subscribers1 (No) 13,131,144 1,156,867,852 February 2018 Telecom Regulatory Authority of India, as of Internet subscribers1 (million) 5.19 445.96 December 2017 NHAI, Roads and Building Department-Government National highway length (km) 1,423 122,432 of India, as of February 2018 Airports (No) 1 125 Airports Authority of India Note: GSDP, per capita GSDP figures are taken at current prices, Exchange Rate used is average of 2016-17, i.e. USD = INR 67.09, 1Combined figures for the Northeast states comprising Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura 7 MIZORAM For updated information, please visit www.ibef.org MIZORAM IN FIGURES … (2/2) Parameter Mizoram All states Source Social Indicators Literacy rate (%) 91.33 73.0 Census 2011 Birth rate (per 1,000 population) 15.5 20.4 SRS Bulletin, September 2017 Investment Department of Industrial Policy & Promotion, From FDI equity inflows (US$ billion) 0.1041 367.93 April 2000 to December 2017 1Combined figures for the Northeast states comprising Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura; SRS: Sample Registration System 8 MIZORAM For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – GSDP GSDP of Mizoram at current prices Per Capita GSDP of Mizoram at current prices 3 180 2,500 150000 CAGR (in Rs) 17.61% CAGR (in Rs) 15.55% 160 3 2,000 120000 140 163.34 2 2.43 120 2.34 134,615 153.39 128,685 2.21 1,500 90000 100 135.09 2,006.48 115,366 1,965.86 2 1,886.61 80 1.70 1,000 60000 88,843 1.54 1.51 1 102.93 60 1,468.48 83.62 73,708 1,362.82 1,353.68 72.59 40 1 500 65,347 30000 20 0 0 0 0 2011-12 2012-13 2013-14 2014-15 2011-12 2012-13 2013-14 2014-15 2015-16 P 2015-16 P 2015-16 2016-17 Pr 2016-17 Pr 2016-17 US$ billion Rs billion US$ Rs . At current prices, the Gross State Domestic Product (GSDP) of . The state’s per capita GSDP in 2016-17 (Pr) was Rs 134,615 Mizoram reached Rs 163.34 billion (US$ 2.43 billion) in 2016- (US$ 2,006). 17 (Pr) . The per capita GSDP (in Rs) increased a CAGR of 15.55 per . The state’s GSDP (in Rs) increased at a Compound Annual cent between 2011-12 and 2016-17. Growth Rate of 17.61 per cent between 2011-12 and 2016-17. Note: exchange rates used are averages of each year, provided on page 49, P – Provisional Estimate, Pr – Projected Source: Planning and Implementation Department, Government of Mizoram 9 MIZORAM For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – NSDP NSDP of Mizoram at current prices Per Capita NSDP of Mizoram at current prices 3 160 2,000 150000 CAGR (in Rs) 18.84% CAGR (in Rs) 16.76% 140 1,800 2 1,600 120000 2.26 120 1,865 151.80 2.09 1,400 1,750 1,685 1.97 136.51 2 100 1,200 90000 125,107 120.67 114,524 80 1,000 1,282 1.49 103,049 1,202 1,194 1 1.35 800 60000 1.34 89.89 60 600 77,584 73.75 40 64.04 1 400 65,013 30000 57,654 20 200 0 0 0 0 2011-12 2012-13 2013-14 2014-15 2011-12 2012-13 2013-14 2014-15 2015-16 P 2015-16 P 2015-16 2016-17 Pr 2016-17 Pr 2016-17 US$ billion Rs billion US$ Rs . At current prices, the Net State Domestic Product of Mizoram . The state’s per capita NSDP in 2016-17 (Pr) was Rs 125,107 reached Rs 151.80 billion (US$ 2.26 billion) in 2016-17 (Pr) (US$ 1,865). The state’s NSDP (in Rs) increased at a Compound Annual .
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