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Himachal's economic growth pegged at 6.2 per cent in 2013-14

Friday, 7 February 2014

Shimla: The economic growth rate of Himachal Pradesh has been estimated at 6.2 per cent in the current financial year.

Tabling the Economic Survey for 2013-14 in the Assembly, state Chief Minister Virbhadra Singh said growth in the last fiscal was 6.1 per cent.

The state's growth rate is higher than the national figure, he said.

"The per capita income is estimated at Rs 92,300 for 2013-14 at current prices, while the Gross State Domestic Product (GSDP) of state at current prices increased from Rs 64,957 crore in 2011-12 to Rs 73,710 crore in 2012-13 and it is expected to touch Rs 82,585 crore in 2013-14," the survey said.

Singh said the increase in the total state domestic product is mainly attributed to 9.5 per cent growth of primary sector that included agriculture, forestry and mining.

 During 2012-13, foodgrain production registered an increase of 1.6 per cent against the previous year .

He said the fruit production was 8.28 lakh tonnes in 2013-14 (up to December 2013).

"Apple constitutes about 89 per cent of the total fruit production and during  2013-14 (up to December 2013), 7.39 lakh tonnes of apples were produced against 4.12 lakh tonnes in 2012-13," he said.

Quoting the Survey report, Singh said there were 494 medium and large scale industries and 39,819 small scale industries in the state with total investment of Rs 17,39,89 crore.

State’s hydropower generation potential was 23,000 MW which was about 25 percent of country's total hydropower potential but so far only 8,432 MW potential had been tapped till December last year.

 The report said that 161.46 lakh tourists visited the state in 2012 and Shimla district emerged as state's perfect destination, both for domestic and international guests, by attracting the maximum number of tourists at 33,54,003.

 He said the hill state has 63 helipads and there is a proposal to construct two new helipads, one at Kalabag near Churdhar in Sirmaur district and another at Sanjauli in Shimla.

 Singh said during the year 10,739 Primary Schools, 2,349 Middle Schools, 827 High Schools, 1,370 Senior Secondary Schools and 72 Degree Colleges were functioning in the state.

"The intake capacity of students in Technical Education at Degree level is 7,980, B-Pharmacy 1,000, Diploma level 10,858 and ITI’s/ITC’s 33,506." He said.

The hill state's economy is highly dependent on hydroelectric power, horticulture and tourism.

The growth rate during the Eleventh Plan (2007-12) was same at eight per cent for both the state and All-India level.


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