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Haryana Contributes Nearly 3.8 Per Strong Economic Growth Cent to India‟S GDP

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Haryana Contributes Nearly 3.8 Per Strong Economic Growth Cent to India‟S GDP • With an area covering just 1.3 per cent of the country, Haryana contributes nearly 3.8 per Strong economic growth cent to India‟s GDP. • During 2004-13, the state‟s GSDP grew at a CAGR of 9 per cent. • Haryana accounts for two thirds of passenger cars, 50 per cent of tractors and 60 per cent of motorcycles manufactured in the country. Leading manufacturing • The state has more than 1,347 large and medium industrial units and 80,000 small scale hub industrial units having foreign collaborations. • Haryana is home to Maruti Udyog Ltd, India‟s largest passenger car manufacturer, and Hero MotoCorp Ltd, world's largest manufacturer of two-wheelers. Leading food producer • Haryana is the second-largest contributor of food grains to India‟s central pool. • The state accounts for more than 60 per cent of the export of Basmati rice in the country. • Haryana is the third-largest exporter of software and one of the preferred destinations for Growing IT sector IT/ITeS facilities. • During 2011-12, the state registered IT/ITeS exports worth US$ 5.2 billion. • The state invested in the development of world class infrastructure facilities such as special economic zones (SEZs), Kundli-Manesar-Palwal (KMP) global corridor and Delhi- Mumbai Industrial Corridor (DMIC). Infrastructure support • Haryana enjoys a locational advantage, with nearly one-third of the state‟s area under the National Capital Region (NCR), a prominent trade and consumption centre. • The state has almost 100 per cent connectivity to rural areas, with metalled roads. Attractive investment avenues 11th Five- LeadingGrowing business demand hub 12th Five- • Haryana is one of the leading states in terms of • Haryana has emerged as a manufacturing hub, year plan industrial production, especially passenger with immense scope for development of the year plan cars, two-wheelers, mobile cranes and tractors. micro, small and medium enterprises (MSME) The Gurgaon-Manesar-Bawal belt is the auto sector. The state adopted a cluster-based Expected Growth rate hub of India. development approach to promote industries growth such as IT, textiles, food and handloom. (GSDP)^: • Haryana has emerged as a base for the rate^: 10- knowledge industry, including IT and • The state‟s real estate market is attractive and 9.0 per cent biotechnology. Many large Indian and it is a preferred automotive hub. Of the total 10.5 per multinational companies have set up offices in 250 large and medium OEMs, about 50 are cent the state due to its high-quality infrastructure located in Haryana. and proximity to Delhi. Advantage Haryana Rich labour pool Policy and infrastructure • Haryana has a large base of skilled labour, making it an ideal destination for knowledge- support based and manufacturing sectors. It also has a • With a stable political environment, successive large pool for support services. governments have been committed to creating • The state has set up various national-level a progressive environment. institutions such as Indian Institute of • The state offers a wide range of fiscal and Management (IIM), Indian Institute of Corporate policy incentives for businesses under the Affairs (IICA), Central Institute for Plastics Industrial and Investment Policy, 2011. Engineering & Technology (CIPET) and Moreover, it has sector-specific policies, National Institute of Food Technology & particularly, for IT and tourism. Entrepreneurship & Management (NIFTEM). • Haryana has a well-developed infrastructure such as power, roads and railways. For promoting trade, the state has planned several projects. ^At 2004-05 constant prices • Develop IMTs, industrial parks & expand industrial estates • Contain revenue & fiscal deficit. • Create E-biz portal to ensure ease of • Commencement of mining & e- doing business. taxation projects would reduce • Address needs of MSMEs in areas of revenue deficit. R&D and technology; develop rail connectivity to airport etc. • Manage surface water resources • Ensure availability of affordable efficiently. housing for all. • Improve water availability by Economy Infrastructure • Provide financial assistance for pursuing upstream storage dams. construction. • Implement schemes for • Offer loans at reasonable terms to remodelling, rehabilitate water Irrigation Housing BPL families. courses, flood control. Vision 2018 • Timely availability of quality Agriculture Tourism feedstock at subsidised rates. • Fully utilise nature‟s endowment. • Modernise irrigation system. • Create network of business and • Pursue crop diversification & Welfare Education tourism facilities. introduce modern technologies. • Improve quality of education and access to schools. • Schemes to develop SC, BC and other vulnerable sections of society. • Expand college and university network. • Healthcare for women and children. • Enhance sports education and • Modernise police department. infrastructure to prepare people for competing at international and Source: Aranca Research national events. The state has three major seasons, viz., summer (April- June), monsoon (July-September) and winter (October- March). Parameters Haryana Capital Chandigarh Geographical area (sq km) 44,212 Administrative districts (No) 21 Population density (persons per sq 573 Source: Maps of India km) Total population (million) 25.4 Haryana is surrounded by Uttar Pradesh in the east, Punjab Male population (million) 13.5 in the west, Himachal Pradesh in the north and Rajasthan in Female population (million) 11.9 the south. The state surrounds the national capital city, New Delhi, from three sides. Sex ratio (females per 1,000 males) 879 The most commonly spoken languages are Hindi and Literacy rate (%) 75.6 Punjabi. English is the medium of education in most schools. Source: Economic Survey of Haryana 2012-13 Gurgaon, Faridabad, Karnal, Ambala, Panipat and Census 2011 Kurukshetra are some of the key districts of the state. Parameter Haryana All States Source Economy Gross State Domestic Product (GSDP) as a Planning Commission Databook, June 2014, 3.8 100.0 percentage of all states‟ GSDP current prices Planning Commission Databook, June 2014, Average GSDP growth rate (%)* 17.0 15.5 current prices Planning Commission Databook, June 2014, Per capita GSDP (US$) 2,458.6 1,414.4 current prices Physical Infrastructure Installed power capacity (MW) 8,291.5 249,488.3 Central Electricity Authority, as of June 2014 Telecom Regulatory Authority of India (TRAI), Wireless subscribers (No) 21,251,395 910,157,975 as of May 2014 Ministry of Communications & Information Broadband subscribers (No) 298,823** 65,330,000 Technology and TRAI, as of May 2014 National highway length (km) 2,057.5 79,116.00 Ministry of Road Transport & Highways Airports (No) 6^ 133 Airports Authority of India Source: **Ministry of Communications & Information Technology, as of December 2011, *Calculated in Indian Rupee terms from 2004-05 ^Including five civil aerodromes Parameter Haryana All States Source Social Indicators Literacy rate (%) 75.6 73.0 Census 2011 SRS Bulletin (www.censusindia.gov.in), Birth rate (per 1,000 population) 21.6 21.6 September 2013 Investment Department of Industrial Policy & Promotion, FDI equity inflows (US$ billion) 1.3* 223.0 April 2000 to May 2014 Outstanding Investments (US$ billion) 66.3 2,414.2 CMIE (2013–14) Industrial Infrastructure PPP projects (No) 40 1,339 www.pppindiadatabase.com SEZs (No) 35 392 Notified as of July 2013, www.sezindia.nic.in PPP: Public-Private Partnership, SEZ: Special Economic Zone, SRS: Sample Registration System *Including Chandigarh, Punjab and Himachal Pradesh Launched “Priyadarshini Awaas Yojna” in the 2013-14 budget for providing affordable housing to weaker sections in rural areas. Constitution of Haryana Infrastructure Development Board that implemented projects worth more than US$ 9,206 million during the 12th Five-year plan period. Projects in six core sectors, viz., roads and highways, healthcare, education and skill development, tourism, urban transport system and water supply, sanitation and public utilities in both urban and rural areas. For infrastructure investment, a US$ 141 million Economic Stimulus Package was released in 2013-14. Provide free water connections to SC households in rural and urban areas under Indira Gandhi Drinking Water Scheme. Establish a sustainable drinking water project for Mewat area on Ranney Wells. Implemented Indira Bal Swasthya Yojana (2010) for early detection of disease, deficiency and disability (0–18 year age group). Online licensing for chemist shops and food business operators (2012). Rashtriya Krishi Vikas Yojna (RKVY) launched by Government of India with an aim of 4 per cent growth rate in agriculture for 2013-14. Mukhya Mantri Muft Ilaj Yojana launched, under which all medical treatments including free surgeries and free medicines are provided at state government health institutions. At current prices, the total GSDP of Haryana was about GSDP of Haryana at current prices (in US$ billion) US$ 65.2 billion in 2013-14. The state‟s GSDP increased at a compound annual growth 64 64 65 rate (CAGR) of 17.0* per cent between 2004-05 and 2013- CAGR* 57 14. 17.0% 47 40 38 29 Growth was driven by expansion in the services sector, 25 IT/ITeS, real estate, biotechnology and tourism. 21 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 Source: Planning Commission Databook, June 2014 *Growth calculated in INR At current prices, the Net State Domestic Product (NSDP) of NSDP of Haryana at current prices (in US$ billion) Haryana was about US$ 59.4 billion in 2013-14. The state‟s NSDP expanded at a CAGR of 17.1* per cent 59 58 59 between 2004-05 and 2013-14. CAGR* 52 17.1% 43 36 34 26 22 19 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 Source: Planning Commission Databook, June 2014 *Growth calculated in INR The state‟s per capita GSDP in 2013-14 was US$ 2,458.6 Per capita GSDP of Haryana at current compared with US$ 941.5 in 2004-05. prices (in US$) The per capita GSDP increased at an average rate of 15.0* 2,508 2,459 per cent between 2004-05 and 2013-14.
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