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Mizoram Economic Survey 2014 – 15

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Mizoram Economic Survey 2014 – 15 If you are willing and obedient, you shall eat the good of the land Isaiah 1:19 (KJ) MIZORAM ECONOMIC SURVEY 2014 – 15 Government of Mizoram Planning & Programme Implementation Department (Research & Development Branch) CONTENTS A. OVERVIEW, ISSUES AND PRIORITIES ........................................... i B. ACRONYMS......................................................................................... vii I. OVERVIEW OF INDIAN ECONOMY ......................................................... 1 II. OVERVIEW OF MIZORAM ECONOMY .................................................... 3 III. STATE FINANCE ................................................................................... 8 IV. STATE PLAN ....................................................................................... 16 V. EMPLOYMENT & LABOUR WELFARE .................................................. 22 VI. PRICE AND PUBLIC DISTRIBUTION .................................................... 27 VII. POPULATION ...................................................................................... 30 VIII. AGRICULTURE AND ALLIED ............................................................... 32 AGRICULTURE ..................................................................................................................... 32 MINOR IRRIGATION ............................................................................................................ 42 HORTICULTURE ................................................................................................................... 45 LIVESTOCK & VETERINARY ............................................................................................. 53 FISHERIES .............................................................................................................................. 57 FOREST ................................................................................................................................... 61 SOIL & WATER CONSERVATION ..................................................................................... 66 TRADE & COMMERCE ........................................................................................................ 69 IX. INFRASTRUCTURE ............................................................................. 72 POWER & ELECTRICITY ..................................................................................................... 72 ROADS .................................................................................................................................... 77 ROAD TRANSPORT .............................................................................................................. 85 POSTAL SERVICE ................................................................................. 88 TELECOMMUNICATION ..................................................................................................... 89 X. FINANCIAL AND BANKING INSTITUTION ............................................. 90 XI. INDUSTRIES ....................................................................................... 92 INDUSTRY ............................................................................................................................. 92 SERICULTURE ...................................................................................................................... 99 TOURISM ............................................................................................................................. 102 XII. SOCIAL AND SERVICE SECTOR ........................................................ 104 SCHOOL EDUCATION ....................................................................................................... 104 HEALTH & FAMILY WELFARE ....................................................................................... 110 HOSPITAL & MEDICAL EDUCATION ............................................................................. 117 WATER SUPPLY AND SANITATION ............................................................................... 124 SOCIAL WELFARE ............................................................................................................. 126 COOPERATION ................................................................................................................... 132 SPORTS & YOUTH SERVICES .......................................................................................... 139 XIII. RURAL AND URBAN DEVELOPMENT ................................................. 143 RURAL DEVELOPMENT ................................................................................................... 143 URBAN DEVELOPMENT & POVERTY ALLEVIATION ................................................ 151 XIV. NEW LAND USE POLICY (NLUP) ........................................................... 166 XV. LIST OF ANNEXURES ....................................................................... 172 ……. i A. OVERVIEW, ISSUES AND PRIORITIES Growth Sectoral Performance The State economy is poised to Services or Tertiary Sector growth at an impressive rate of 8.46 % dominates the economy in terms of during 2014-15 with base year 2004-05, contribution to the Gross State Domestic which is significantly higher than projected Product (GSDP) at 57.68% of the total national growth at 7.4% during 2014-15 GSDP (2013-14). Services Sector has been with base year 2011-12. growth drivers of the economy for the past years with contribution to the GSDP On January 30, the Central hovering between 57% to 63%. Statistics Office released a new GDP series that entailed shifting the base year from The Primary Sector comprising 2004-05 to 2011-12. New estimates for agriculture & allied activities contributed GDP have been provided for the years 16.26% (2013-2014) to the GSDP. With 2011-12 to 2014-15 at national level and livelihood of about 60% of the population State data with 2011-12 is not available. depending on agriculture and allied The State economic growth estimates is actitivities, faster growth in agriculture is expected to be even higher with revised both a necessary and sufficient condition base year. for stronger, sustainable and inclusive growth in the State. Provisional per capita income during 2012-2013 is Rs. 63413.00 as The Industry Sector contributed against previous year‘s estimate of 26.05% of GSDP during 2013-2014. The Rs.53624. Per capita income at the main driving force of the sector is national level is Rs. 71593.00 against the Construction Sector with a contribution of previous year‘s estimate of Rs. 64316.00. 21.91% to the GSDP in 2013-2014. The growth performance of the Inflation State economy has been quite commendable as the economy has to go The Annual inflation rate through challenging times amidst partial (Provisional as of December 2014) on point policy paralysis at the Centre due to Lok to point basis (December 2014 over Sabha election and subsequent change in December 2013) in Mizoram is 3.82 % Government that has been severely against the all India inflation rate of 5.00 hindering funds flow from the Centre to the %, significantly lower than the all India State. Moreover, the State Government has average. also been initiating slew of economic reform measures including Government‘s As compared to corresponding efforts to remain steadfast in the pursuit of period last year, the all India annual fiscal consolidation, downsizing of inflation rate significantly decreases from Government, other economy measures. the previous year‘s level at 9.87 %. In the case of Mizoram, the decline in inflation Evidently, continued hard work and rate is even higher from the previous year‘s sound economic management including rate of 11.67 %. Moderation in the rate of consistent efforts and persistent pro-growth inflation from double digit to about 4% rate initiatives of the stable Government in the is expected to bring about a more stable State has yielded such an impressive economy for inclusive growth in the State. growth outcomes. Economic Survey Mizoram 2014-15 ii Demographic Dividend The State Government is expected to have the much needed policy and fiscal Another reason for optimism in the space in the coming years by way of State economy is demographic dividend – enhanced State shares of taxes in the the dependency ratio in the State, as Fourteenth Finance Commission (FFC) measured by the share of the young and the Award. FFC has also enlarged the scope of elderly as a fraction of the population. As development programme by sharing the per Union Economic Survey 2014-15, share onus between Centre and States, and re- of 60 and above age group in the Mizoram designing many of the centrally sponsored population as per 2011 census is only schemes. Moreover, the Central 6.25%. This means that share of 0-59 age Government had set in motion the group in the total population is as high as institutional changes necessary for 93.75% in the State. implementing co-operative federalism by way of replacing Planning Commission This implies high productive age with National Institute for Transforming groups in the State. More working age India (NITI). people will mean more workers, especially in the productive age groups, more NLUP incomes, more savings, more capital per worker, and more growth. Also, what is The State Government is continuing evident in the State is that the transition efforts for achieving the objective of period has been accompanied by greater inclusive growth through flagship female participation in the labour force. programme, the New
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