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IBEF Presentataion KAMAKHYA TEMPLE IN GUWAHATI, ASSAM ASSAM THE LAND OF RED RIVERS AND BLUE HILLS For updated information, please visit www.ibef.org April 2019 Table of Content Executive Summary……………….….…….3 Introduction…….…………………..….……..4 Economic Snapshot……….………………..9 Physical Infrastructure…………….....……15 Social Infrastructure...................................23 Industrial Infrastructure…….…..........……26 Key Sectors…………………...…........……30 Key Procedures & Policies………......……36 Annexure…………………..………......……43 EXECUTIVE SUMMARY . At current prices, the gross state domestic product (GSDP) of Assam was Rs 2.50 trillion (US$ 37.23 billion) Strong economy in 2016-17. It is estimated to have reached Rs 2.48 trillion (US$ 40.1 billion) in 2017-18 . The GSDP of the state grew at a CAGR (in Rs) of 11.78 per cent from 2011-12 to 2016-17. Assam has the single largest tea growing area in the world, constituting around one-seventh of the global tea production. The state accounts for over 50 per cent in the country’s overall tea production. During 2018-19*, World’s single largest tea production in the state stood at 653.52 thousand tonnes. tea growing area . The state houses Guwahati Tea Auction Centre (GTAC), one of the largest CTC tea auction centres of the world. Attractive tourism . With its pleasant climate and scenic landscape, Assam is a popular tourist destination. industry . Assam is the most popular tourist destination among the north-eastern states. The state has adopted numerous investor-friendly policies to attract investments & accelerate industrial development. Policy support . North East Industrial Investment Promotion Policy & Industrial Policy of Assam facilitate business through fiscal incentives & multi-year concessions to investors. IT Policy and Tourism Policy of Assam have given special attention towards specific sector development. Note: Data is as per latest available information, * - Upto February 2019 Source: Government of Assam, PRS India 3 ASSAM For updated information, please visit www.ibef.org Assam INTRODUCTION ASSAM FACT FILE . Assam is known for its tea, petroleum resources, Muga silk and bio- diversity. The state has conserved the one-horned Indian rhinoceros from near extinction, along with the Pygmy hog, tiger & various species of birds. It provides one of the last wild habitats for the Asian elephant. Assam is becoming an increasingly popular destination for wildlife tourism. Kaziranga National Park & Manas National Park are registered as world-heritage sites. Parameters Assam Source: Maps of India Capital Dispur Geographical area (sq km) 78,438 . Assam is located in Northeast India. The state shares its borders Administrative districts (No) 27 with Arunachal Pradesh, Nagaland, Manipur, Mizoram, Meghalaya, Tripura & West Bengal. The state shares international borders with Population density (persons per sq km) 398 Bangladesh, Burma & the Kingdom of Bhutan. Total population (million) 31.2 . Assamese & Bodo are the official languages. Bengali holds the Male population (million) 15.9 official-language status in the 3 districts of the Barak Valley & is the Female population (million) 15.3 2nd most spoken language in the state. Assam also has a number of schools with English as the medium of education. Sex ratio (females per 1,000 males) 958 . The state is a gateway to Northeast India. Guwahati is the largest Literacy rate (%) 73.18 city of the state. Source: Government of Assam, Census 2011 5 ASSAM For updated information, please visit www.ibef.org ADVANTAGE ASSAM Largest economy in Northeast India Avenues of investments . GSDP grew at a CAGR of 11.78 per cent between 2011- . The state is rich in water resources & has vast tracts of 12 & 2016-17. fertile land. Other potential areas of investment include . Assam is the largest economy in the Northeast region. power & energy, mineral-based industries, tourism & Owing to its relative proximity to the rest of the country & crude oil refining. availability of quality infrastructure, the state offers a . Investments worth Rs 1 trillion (US$ 15.5 billion) favourable environment for industry. committed to Assam during Assam Global Investors’ . It is the largest economy in the North-East & is known for Summit 2018. As of September 2018, Rs 8,020.21 crore its large industries in the tea & petroleum sector. Assam (US$ 1.14 billion) has already been invested. has one of the largest networks of higher education in the entire North East. Advantage Assam Rich resource pool Policy and infrastructure support . Assam is rich in natural resources such as natural oil . Assam is India’s gateway to the Northeast & acts as a and gas, rubber, tea, and minerals such as granite, vital link for trade with Southeast Asian countries. It is limestone and kaolin. Tea production in the state stood well connected by rail, road, ports & airports. at nearly 653.52 thousand tonnes during April 2018– . Several concessions & incentives have been provided to February 2019 which is 53.55 per cent of the total tea attract investors & support development including, IT production in India during the same time. Policy 2009 & Industrial Policy 2008–13. The state has a large skilled workforce. A substantial portion of the state’s population (which is in the age group of 15-25) is computer literate 6 ASSAM For updated information, please visit www.ibef.org ASSAM IN FIGURES Assam’s Contribution to Indian Economy (2016-17) Physical Infrastructure in Assam Parameter Assam India Parameter Assam India GSDP as a percentage of all Installed power capacity (MW), 1.64 100.00 1,577.13 350,162.48 states’ GSDP as of February 2019 GSDP growth rate (%) 10.55 10.80 Wireless subscribers (No), as 22,174,850 1,181,971,713 of January 2019 Per capita GSDP (US$) 1,081.16 1,750.29 Internet subscribers (million No), as of September 10.77 604.21 Social Indicators 2018 Parameter Assam India National Highway length (km) 3,909 132,499 Literacy rate (%) 73.18 74.04 Airports (No) 8 129 Birth rate (per 1,000 population) 21.7 20.4 Industrial Infrastructure Investments (as of December 2018) Parameter Assam India Parameter Assam India Operational PPP projects 6 720 Cumulative FDI* equity inflows 113 409,268 since April 2000 (US$ million) *FDI inflows for RBI’s Guwahati region, which includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, PPP: Public-Private Partnership, SRS: Sample Registration System Note: GSDP, per capita GSDP figures are taken at current prices, exchange rate used is average of 2016-17 i.e. 67.09; 1Goa is included in Maharashtra circle 7 ASSAM For updated information, please visit www.ibef.org STATE VISION . Promoting sustainable . Connectivity by all-weather roads development in agriculture . Improvement of state highways & . Use of technology and skill major district roads development . Improvement of power infrastructure in the state Agriculture Infrastructure . Emphasis on MSME sector . Infrastructure development & establishing plastic, banana, . Agriculture & industrial bamboo & jute parks Industry and GSDP growth development likely to drive . Skill development of unemployed Vision 2030 growth youth commerce Tourism Healthcare . Making the state a preferred tourist . Healthcare infrastructure destination development . Promote eco-tourism & river cruise . Creation of health service tourism; infrastructure corporations for free supply of development & beautification of medicines historical places . Establishment of medical institutes Source: Government of Assam 8 ASSAM For updated information, please visit www.ibef.org Assam ECONOMIC SNAPSHOT ECONOMIC SNAPSHOT – GSDP GSDP of Assam at current prices Per capita GSDP of Assam at current prices 40.00 CAGR (In Rs) 11.78% 3 1,100 CAGR (In Rs) 9.76% 80000 35.00 70000 2.5 1,050 30.00 60000 1,081 37.23 2 2.50 1,000 34.52 25.00 72,535 50000 1,044 68,359 32.01 2.26 29.86 29.38 20.00 28.81 1.5 950 40000 59,894 1.96 981 55,098 971 15.00 1.78 30000 49,254 1.57 1 900 45,538 10.00 1.43 20000 914 0.5 850 907 5.00 10000 0.00 0 800 0 2015-16 2011-12 2012-13 2013-14 2014-15 2016-17 2015-16 2011-12 2012-13 2013-14 2014-15 2016-17 US$ billion Rs trillion US$ Rs . At current prices, the Gross State Domestic Product (GSDP) of . At current prices, the state’s per capita GSDP was Rs 72,535 Assam was Rs 2.50 trillion (US$ 37.23 billion) in 2016-17. It is (US$ 1,081) in 2016-17. estimated to have reached Rs 2.58 trillion (US$ 40.1 billion) in . The per capita GSDP increased at a CAGR of 9.76 per cent 2017-18 between 2011-12 and 2016-17. The GSDP of the state grew at a CAGR (in Rs) of 11.78 per cent from 2011-12 to 2016-17. Note: Data is as per latest available information, CAGR in Rs is up to 2016-17, Data for 2017-18 is expected to be released in 2019 Source: Directorate of Economics & Statistics of Assam, Ministry of Statistics & Programme Implementation, Central Statistics Office 10 ASSAM For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – NSDP NSDP of Assam at current prices Per capita NSDP of Assam at current prices CAGR (In Rs) 11.48% 35.00 2.5 1000.00 CAGR (In Rs) 9.47% 70000 30.00 2 950.00 60000 33.20 25.00 2.23 50000 64680 30.60 900.00 2.00 60526 1.5 964.08 28.31 20.00 27.59 40000 26.62 26.15 1.73 850.00 52895 924.63 1.60 15.00 49734 30000 1.42 1 44599 1.29 41142 10.00 800.00 877.60 866.28 20000 0.5 750.00 5.00 825.05 821.19 10000 0.00 0 700.00 0 2015-16 2011-12 2012-13 2013-14 2014-15 2016-17 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 US$ billion Rs trillion US$ Rs .
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