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Assam-August-2013.Pdf • With its high economic growth rate of over 8 per cent, Assam is the seventh fastest growing state in the country. Strong economy • The government estimates that growth will further accelerate to 9 per cent by the end of 2017. • Assam has the single largest tea growing area in the world, constituting around one-sixth World’s single largest of the world’s tea production. The region produces over fifty percent of the country’s total tea produce. tea growing area • The state houses Guwahati Tea Auction Centre (GTAC), one of the largest CTC tea auction centres of the world. • The state has over 1.3 billion tonnes of proven crude oil and 156 billion cubic meters of High oil reserves natural gas reserves (accounting for 50 per cent of India’s total onshore gas production). • The Assam-Arakan basin has more than 15 per cent of the country’s oil reserves. • With its pleasant climate and scenic landscape, Assam is a popular tourist destination. Attractive tourism • Assam boasts of being the most visited state by tourists among all the north-eastern industry states. • The state has adopted numerous investor-friendly policies to attract investments and accelerate industrial development. • North East Industrial Investment Promotion Policy and Industrial Policy of Assam facilitate Policy support business through fiscal incentives and multi-year concessions to investors. • IT Policy and Tourism Policy of Assam have given special attention towards specific sector development. Source: Government of Assam Website - www.assam.gov.in, Assam Socio-Economic Survey 2011-12, Aranca research Largest economy in the Northeast Avenues of investments 10th Five- 12th Five- Growing demand • The state is rich in water resources and has Year Plan • GSDP grew at a compound annual growth vast tracts of fertile land. Other potential areas Year Plan rate (CAGR) of 13.2 per cent between 2004- of investment include power and energy, 05 and 2012-13. mineral-based industries, tourism and crude Expected Growth • The state is the largest economy in the oil refining growth rate: rate: 5.7% Northeast region. Due to its comparative • With its five national parks and fifteen wildlife 9% proximity to the rest of the country and sanctuaries, Assam is a popular tourist availability of quality infrastructure, it is also destination. The state offers visitors a variety the most industrially advanced state in of choices from world heritage (leisure) sites Northeast India. to temples and monuments Advantage Assam Policy and infrastructure support Rich resource pool • Assam is India’s gateway to the Northeast and acts as a vital link for trade with Southeast Asian • Assam is rich in natural resources such as countries. It is well connected by rail, road, ports natural oil and gas, rubber, tea, and minerals and airports. such as granite, limestone and kaolin. Assam • Under the 12th Five-Year Plan, all remaining gravel tea is a well-recognised product globally. roads would be blacktopped and timber bridges • The state has a large pool of skilled would be converted to RCC. Public Private workforce. A substantial portion of the state’s Partnership Policy 2008 further aims to stimulate population (which is in the age group of of 15- private sector investments in infrastructure. 25) is computer literate. As per the 12th Plan, • Several concessions and incentives have been around 2.2 million individuals will be trained provided to attract investors and support under the government’s Skill Development development across sectors – Tourism Policy 2008, Mission. IT Policy 2009 & Industrial Policy 2008–13. The state is a gateway to Northeast India. Guwahati is the largest city of the state. Assam is known for its tea, petroleum resources, Muga silk and bio-diversity. Assam is becoming an increasingly popular destination for wild-life tourism. Kaziranga National Park and Manas National Park are registered as world-heritage sites. Parameters Assam Capital Dispur Source: Maps of India Geographical area (sq km) 78,438 Administrative districts (No) 27 Assam is located in the Northeast of India. The state shares its borders with Arunachal Pradesh, Nagaland, Manipur, Population density (persons per sq km)* 397 Mizoram, Meghalaya, Tripura and West Bengal. The state shares international borders with Bangladesh and the Total population (million)* 31.2 Kingdom of Bhutan. Male population (million)* 16.0 Female population (million)* 15.2 Assamese and Bodo are the official languages. Bengali holds the official-language status in the three districts of the Barak Sex ratio (females per 1,000 males)^ 957 Valley and is the second most spoken language of the state. Assam also has a number of schools with English as the Literacy rate (%)* 73.2 medium of education. Sources: Government of Assam website - www.assam.gov.in, * Provisional data – Census 2011, ^Assam Annual Plan 2012-13 Parameter Assam All-States Source Economy Planning Commission Databook, 2012-13, GSDP as a percentage of all states’ GSDP 1.5 100 current prices Planning Commission Databook, 2004–05 to Average GSDP growth rate (%)* 13.2 15.6 2012–13, current prices Planning Commission Databook, 2012-13, Per capita GSDP (US$) 848.1 1,414.2 current prices Physical Infrastructure Installed power capacity (MW) 1,140.0 225,133.1 Central Electricity Authority, as of May 2013 Telecom Regulatory Authority of India, as of Wireless subscribers (No) 14,387,664 867,803,583 March 2013 Ministry of Communications & Information Broadband subscribers (No) 92,392^ 15,050,000 Technology, as of March 2013 Ministry of Road Transport & Highways, as of National Highway length (km) 2,940 79,116 March 2013 Airports (No) 6 133 Airports Authority of India Calculated in Indian rupee terms, ^As of December 2012 Parameter Assam All-States Source Social Indicators Literacy rate (%) 73.2 74.0 Provisional data – Census 2011 Birth rate (per 1,000 population) 22.8 21.8 SRS Bulletin (www.censusindia.gov.in), 2012 Investments Department of Industrial Policy & Promotion, FDI equity inflows (US$ billion) 0.08* 193.4 April 2000 to March 2013 Outstanding investments (US$ billion) 51.8 10,499.2 CMIE (2012-13) Industrial Infrastructure PPP projects (No) 7 881 www.pppindiadatabase.com *FDI inflows for RBI’s (Reserve Bank of India’s) Guwahati region, which includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura PPP: Public-Private Partnership, SRS: Sample Registration System. At current prices, the gross state domestic product (GSDP) GSDP of Assam at current prices (in US$ billion) of Assam was US$ 26.4 billion in 2012-13. 26 26 The average annual GSDP growth rate was 13.2 per cent CAGR 25 from 2004-05 to 2012-13. 13.2%** 20 18 18 13 14 12 - 05 06 07 08 09 10 11 12 - - - - - - - - 13* 2012 2004 2005 2006 2007 2008 2009 2010 2011 Source: Planning Commission Databook, 2012-13 *Advanced estimates, **In Indian rupee terms The net state domestic product (NSDP) of Assam was US$ NSDP of Assam at current prices 24.1 billion in 2012-13. (in US$ billion) 24 The average annual NSDP growth rate was 13.6 per cent 24 22 from 2004-05 to 2012-13. CAGR 13.6%** 18 15 16 13 12 10 - 05 06 07 08 09 10 11 12 - - - - - - - - 13* 2012 2004 2005 2006 2007 2008 2009 2010 2011 Source: Planning Commission Databook, 2012-13 *Advanced estimates, **In Indian rupee terms The state’s per capita GSDP in 2012-13 was US$ 848.1 GSDP per capita of Assam at current prices compared with US$ 422.5 in 2004-05. (in US$) The per capita GSDP increased at a CAGR of 11.7 per cent 848 757 between 2004-05 and 2012-13. CAGR 681 11.7%** 588 503 447 384 412 350 - 05 06 07 08 09 10 11 12 - - - - - - - - 13* 2012 2004 2005 2006 2007 2008 2009 2010 2011 Source: Planning Commission Databook, 2012-13 *Advanced estimates, **In Indian rupee terms The state’s per capita NSDP in 2012-13 was US$ 773.9 NSDP per capita of Assam at current prices compared with US$ 373.3 in 2004-05. (in US$) The per capita NSDP increased at a CAGR of 12.2 per cent 774 between 2004-05 and 2012-13. CAGR 686 12.2%** 614 523 444 392 339 363 309 - - - - - - - - - 05 06 07 08 09 10 11 12 13* 2004 2005 2006 2007 2008 2009 2010 2011 2012 Source: Planning Commission Databook, 2012-13 *Advanced estimates, **In Indian rupee terms In 2012-13, the tertiary sector contributed 48.7 per cent to GSDP composition by sector the state’s GSDP at current prices, followed by the primary (34.4 per cent) and secondary (16.9 per cent) sectors. CAGR** At a CAGR of 13.7 per cent, the tertiary sector has seen the 48.8% 48.7% fastest growth among the three sectors from 2004-05 to 13.7% 2012-13. The growth has been driven by trade, hotels, real estate, finance, insurance, transport, communications and other services. 17.0% 11.7% 16.9% Between 2004-05 and 2012-13, the primary and secondary 34.2% 34.4% sectors expanded at a CAGR of 13.2 per cent and 11.7 per 13.2% cent, respectively. 2004-05 2012-13* Primary sector Secondary sector Tertiary sector Source: Planning Commission Databook, 2012-13 *Advanced estimates, **In Indian rupee terms Rice, sugarcane, potato, tea and coconut are some of the major crops in the state. Annual production – Crop 2011-12 (lakh MT) In 2011-12, total food grain production of the state was around 51.89 lakh MT. Rice 50.45 Sugarcane 10.53 Assam accounts for around 50.0 per cent of the tea Potato 6.83 produced in India.
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