February 25 , 2014
Latest update: August, 2013
Last Updated: August, 2013
RAJASTHAN State Report | August, 2013
Rajasthan, the largest (area-wise) state in India, is located in the north-western part of the subcontinent. It is surrounded on the north and north-east by the states of Punjab, Haryana and Uttar Pradesh; on the east and south-east by the states of Uttar Pradesh and Madhya Pradesh, and on the south-west by the state of Gujarat.
Rajasthan is the sole producer of lead concentrate, zinc concentrate, gypsum, calcite, selenite and wollastonite as well as the leading producer of silver, gold, copper, marble, sandstone, rock phosphate, lignite etc. It accounted for 8.6 per cent of the total value of minerals produced in 2011-12.
The state has immense potential for electricity generation through renewable energy sources and wind power. Rajasthan Renewable Energy Corporation Ltd has actively promoted solar energy and biomass projects. Rajasthan’s gross state domestic product (GSDP) expanded at a compound annual growth rate (CAGR) of 17.9 per cent over 2004-05 to 2012-13 vis-à-vis 15.6 per cent across other states.
Rajasthan has been investing in capacity building through the development of a strong institutional network at all levels. The state has renowned higher education institutions in various disciplines, producing thousands of skilled and proficient youth every year. The state is developing sector-specific infrastructure like special purpose industrial parks and special economic zones (SEZs) for exports of handicrafts, IT and electronic goods.
The state offers a wide range of fiscal and policy incentives for businesses. The government has introduced sector-specific policies for tourism, biotechnology, IT and ITeS industries. Rajasthan has a favourable industrial-relations environment. In addition, the law & order situation in the state ensures a good working environment.