BHORAMDEO TEMPLE, CHHATTISGARH CHHATTISGARH THE MINERAL BASKET For information, please visit www.ibef.org September 2018 Table of Content Executive Summary .…………….…….…....3 Introduction ……..………………………...….4 Economic Snapshot ……………….….…….9 Physical Infrastructure ………..……...........15 Social Infrastructure ..................................22 Industrial Infrastructure ……..……….........25 Key Sectors ………….………………....…...28 Key Procedures & Policies…………….…...36 Annexure.………….……..…........................45 EXECUTIVE SUMMARY . Chhattisgarh ranked second in terms of value of major mineral production (excluding atomic, fuel and minor minerals) in India, with a 17.2 per cent share in February 2018. It is a leading producer of minerals such as coal, iron ore and dolomite. Strong mineral production . Coal production & iron ore production in the state accounted for about 21 per cent and 17 per cent of the base overall coal & iron ore production in India, respectively, during 2017-18 (up to February 2018). Iron ore from Bailadila mines in the state is considered to be among the best in the world, in terms of quality. It is the only state in India that produces tin concentrates and accounts for 35.4 per cent of tin ore reserves of India. During 2017-18 (up to February 2018), tin concentrate production in the state stood at 15,650 kgs. Korba – Power capital of . Korba district in Chhattisgarh is known as the power capital of India. All villages are in the state have been India electrified under Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY). E-commerce & other sectors which are in the start up stage have begun to grow in Raipur, converting the Start up hub states into a start up hub. By setting up a start up in the state, the player can enjoy first mover advantage and capture a larger market. Leading investment . Chhattisgarh has emerged as one of the most preferred investment destinations in India. The state has been destination in India acclaimed as “one of the best fiscally managed states” by the Reserve Bank of India (RBI). Strong growth in . Between 2011-2012 and 2017-18, the gross value added (GVA) from the primary sector in the state grew at a agriculture CAGR (in Rs) of 9.88 per cent. Source: Economic Survey of Chhattisgarh, Indian Bureau of Mines, Aranca Research 3 CHHATTISGARH For information, please visit www.ibef.org CHHATTISGARH INTRODUCTION FACT FILE . Chhattisgarh is located in central India. The state shares its border with Madhya Pradesh & Maharashtra in the west, Uttar Pradesh in the north, Odisha & Jharkhand in the east & Andhra Pradesh in the south. The languages spoken are Chhattisgarhi and its local dialects, along with Hindi & English. Raipur, Bhilai, Durg, Bilaspur, Korba & Rajnandgaon are some of the major cities of the state. Source: Maps of India . Chhattisgarh has a tropical climate with three major seasons: summer (April-June), monsoon (July-September) & winter (October- Parameters Chhattisgarh March). Capital Raipur Geographical area (sq km) 137,898 Administrative districts (No) 27 Population density (persons per sq km) 189 Total population (million) 25.5 Male population (million) 12.8 Female population (million) 12.7 Sex ratio (females per 1,000 males) 991 Literacy rate (%) 70.28 Source: Chhattisgarh Economic Survey, Census 2011 5 CHHATTISGARH For information, please visit www.ibef.org ADVANTAGE Mineral resources Policy and fiscal incentives . Mineral resources are Chhattisgarh’s biggest strength . A wide range of fiscal & policy incentives for businesses . It has deposits of limestone, iron ore, copper, bauxite, have been announced under the state’s Industrial Policy dolomite & coal. 2014-19. Chhattisgarh accounts for about 17 per cent of India’s coal . Additionally, the state has well-drafted policies for the reserves. IT/ITeS, minerals & energy sectors. Advantage Chhattisgarh Energy rich Rich labour pool . Chhattisgarh is presently one of the few states with surplus . Chhattisgarh has a high worker-participation rate (both power. male and female). It is among the few profitable states in terms of utility based . The state has one of the lowest reported losses of man- electricity. days attributed to labour problems in the country. Presence of coal makes Chhattisgarh an ideal location for pit- . Recently, the Government introduced online registration head-based thermal power plants for both merchant sales & for its workers. state consumption. Note: GSDP – Gross State Domestic Product, exchange rate used is average of 2017-18 i.e. USD = INR 64.45 6 CHHATTISGARH For information, please visit www.ibef.org STATE VISION . Develop a world class rail and . Implemented the Skill road network for better Development Act 2013 to develop connectivity with metros. employment skills among youth. Implement the Bastar-Raoghat rail project for transporting minerals. Simplify procedures, and ensure Skill . Be a pollution free industrialised speedy clearances and Transport development state. balanced regional development. Put in place proper pollution . Promote downstream industries control and environment to spread industrialisation. Investment management systems. Environment promotion Vision . Make the state a world class 2022 . Build a primary school within tourist destination. Tourism Education every five kilometres. Promote religious, adventure . Improve distance learning and heritage tourism, and programmes with the help of attract private investment in the Agriculture Infrastructure information and communication sector. technology. Encourage contract farming with the benefit of assured prices . Connect all villages with better to farmers. roads. Ensure efficient use of irrigation, . Increase reliance on renewable rainwater harvesting for agro energy. processing industries. Source: Confederation of Indian Industry 7 CHHATTISGARH For information, please visit www.ibef.org CHHATTISGARH IN FIGURES Chhattisgarh’s Contribution to Indian Economy (2017-18) Physical Infrastructure in Chhattisgarh Chhattisgarh Parameter Chhattisgarh India Chhattisgarh India GSDP as a percentage of all 1.74 100.0 Installed power capacity states’ GSDP 13,526.79 345,494.61 (MW) (July 2018) GSDP growth rate* (%) 11.22 9.80 Wireless subscribers1 73.64 1,146.49 Per capita GSDP* (US$) 1,594.45 1,975.05 (Mn) (June 2018) Social Indicators Internet subscribers (Mn) 25.89 493.96 Chhattisgarh (March 2018) Parameter India National highway length Literacy rate (%) 70.28 73.0 3,523 122,432 (km) (February 2018) Birth rate (per 1,000 22.8 20.4 population) (2017) Airports (No) 2 125 Industrial Infrastructure Investments (US$ billion) Chhattisgarh Parameter India Parameter Chhattisgarh1 India Operational PPP projects (No) 7 1,467 Cumulative FDI equity inflows (July 2018) between April 2000 – June 1.41 389.72 Exporting SEZs (No) (July 2018) 1 223 2018 Note: *in Rs terms, GSDP, per capita GSDP figures are taken at current prices, Exchange Rate used is average of 2017-18, i.e. USD = INR 64.45, 1Denotes Madhya Pradesh including Chhattisgarh, For sources refer to Annexure, 8 CHHATTISGARH For information, please visit www.ibef.org CHHATTISGARH ECONOMIC SNAPSHOT ECONOMIC SNAPSHOT – GSDP GSDP of Chhattisgarh at current prices Per Capita GSDP of Chhattisgarh at current prices 50 3.5 1,800 120000 CAGR (in Rs) 10.75% CAGR (in Rs) 8.99% 45 1,600 3 40 100000 1,400 45.26 2.5 35 2.92 1,200 80000 2.62 39.09 30 1,594.45 102,762 2 93,890 36.16 35.78 1,000 2.34 25 34.19 2.21 1,399.46 32.97 85,199 32.60 60000 1,336.78 2.07 81,744 1.5 1,301.54 1,284.08 800 1,278.52 20 77,687 1,244.26 1.78 67,750 15 1.58 1 600 40000 61,305 10 400 0.5 20000 5 200 0 0 0 0 2011-12 2012-13 2013-14 2014-15 2015-16P 2017-18A 2014-15 2011-12 2012-13 2013-14 2016-17Q 2015-16P 2017-18A 2016-17Q US$ billion Rs trillion US$ Rs . At current prices, the total GSDP of Chattisgarh reached Rs . The state’s per capita GSDP in 2017-18 (A) was Rs 102,762 2.92 trillion (US$ 45.26 billion) in 2017-18 (A). (US$ 1,594.45). The state’s GSDP increased at a compound annual growth rate . The per capita GSDP (in Rs) increased a CAGR of 8.99 per (CAGR) (in Rs) of 10.75 per cent between 2011-12 and 2017- cent between 2011-12 and 2017-18. 18. Note: exchange rates used are averages of each year, P- provisional, Q – quick estimates, A – advanced estimates Source: Directorate of Economics & Statistics of Chhattisgarh, MOSPI 10 CHHATTISGARH For information, please visit www.ibef.org ECONOMIC SNAPSHOT – NSDP NSDP of Chhattisgarh at current prices Per Capita NSDP of Chhattisgarh at current prices 45 3 1,600 100000 CAGR (in Rs) 10.66% CAGR (in Rs) 8.90% 40 90000 1,400 2.5 35 80000 1,200 2.61 40.53 92,035 70000 30 2 2.35 1,000 84,265 1,428.01 35.08 60000 25 2.09 32.27 76,025 31.93 1.97 1,256.00 72,946 30.75 1.5 800 50000 29.67 1.86 69,880 29.28 1,192.90 1,161.40 1,155.04 20 1,150.72 1,117.52 40000 1.59 600 60,849 1.42 15 1 55,177 30000 10 400 0.5 20000 5 200 10000 0 0 0 0 2014-15 2011-12 2012-13 2013-14 2014-15 2011-12 2012-13 2013-14 2015-16P 2017-18A 2015-16P 2017-18A 2016-17Q 2016-17Q US$ billion Rs trillion US$ Rs . At current prices, the total GSDP of Chattisgarh reached Rs . The state’s per capita GSDP in 2017-18 (A) was Rs 92,035 2.61 trillion (US$ 40.53 billion) in 2017-18 (A). (US$ 1,428.01). The state’s GSDP increased at a compound annual growth rate . The per capita GSDP (in Rs) increased a CAGR of 8.90 per (CAGR) (in Rs) of 10.66 per cent between 2011-12 and 2017- cent between 2011-12 and 2017-18.