August 30, 2012
Nagaland is located in the Northeast of India. The state is surrounded by Myanmar in the East, Arunachal Pradesh in the North, Assam in the West, and Manipur in the South.
Nagaland has a high literacy rate of 80.1 per cent. Majority of the population in the state speaks English, which is the official language of the state. The state has strong focus on technical and medical education.
At current prices, the Gross State Domestic Product (GSDP) of Nagaland was about US$ 2,516.5 million in 2011-12. Nagaland's GSDP grew at a Compound Annual Growth Rate (CAGR) of 9.9 per cent between 2004-05 and 2011-12.
The state's per capita NSDP in 2011-12 was US$ 1,170.5 as compared to US$ 677.2 in 2004-05. The per capita NSDP increased at an average rate of 8.1 per cent between 2004-05 and 2011-12.
Agriculture is a key contributor to Nagaland's economy. Around 70 per cent of the population is engaged in agriculture sector, which contributed around 18.1 per cent to the GSDP of Nagaland in 2011-12.