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Jharkhand

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Last Updated: February 26, 2014

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About Jharkhand: Industries, Mining, Economy, Exports, Tourism, Climate, Geography

Latest update: November, 2014

Economic Snapshot: GSDP of Jharkhand

At current prices, the gross state domestic product (GSDP) of Jharkhand for 2013-14 is estimated to have been US$ 31.4 billion.

Economic Snapshot: GSDP of Jharkhand

Break up of outstanding investments in Jharkhand

In 2013–14, the total outstanding investments in Jharkhand were at US$ 117.7 billion.

Break up of outstanding investments in Jharkhand

Factfile

  • Capital:Ranchi
  • Geographical Area (sq km):79,714
  • State Language:Hindi, Santhali, Urdu, Bengali and English
  • Literacy Rate:66.4 per cent
  • Key Industries:Mining and mineral extraction, engineering, iron and steel, chemicals, handloom, food and beverages, automotive and cement

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.

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