Last Updated: February 26, 2014
Latest update: November, 2014
Last Updated: November, 2014
JHARKHAND State Report | November, 2014
Jharkhand is located in the eastern part of India. The state shares its borders with West Bengal in the east, Uttar Pradesh and Chhattisgarh in the west, Bihar in the north and Odisha in the south.
Jharkhand is one of the richest mineral zones in the world and boasts of 40 per cent and 29 per cent of India's mineral and coal reserves respectively.
During 2012-13, the value of minerals produced in Jharkhand was US$ 3 billion. The state had a 7.4 per cent share in the total value of minerals (excluding atomic and minor minerals) produced in India. At current prices, the Gross State Domestic Product (GSDP) of Jharkhand for 2013-14 is estimated to have been US$ 31.4 billion.
Jharkhand is the only state in India to produce coking coal, uranium and pyrite. The state is also a leading producer of coal, mica, kyanite and copper. With 26 per cent of the total iron ore (hematite) reserves, Jharkhand ranks second among the states. During 2012-13, the state accounted for 13.2 per cent of the total iron ore produced in India.
Jharkhand offers a wide range of fiscal and policy incentives to industries, under the Industrial Policy, 2012. The state also has policies for IT and special economic zones (SEZs) offering sector-specific incentives, as well as the Jharkhand Energy Policy 2012 which aims to supply reliable and quality power in an efficient manner at a reasonable price.