Question

Short note on the introduction of jharkhand

Answer 1

Jharkhand is endowed with a wide variety of natural resources and is one of the most attractive destinations because of its natural wealth, coupled with its skilled and industrious people, low cost of living and great industrial climate. Since its creation, the state has set in place a range of enablers for investment. Today with its investment friendly climate and expertise in geology, mining and immense power potential, Jharkhand has the potential to become the most financially viable state in the country. At present major industrial centres in the state are Tatanagar,Bokaro steel city, Dhanbad, Ranchi, Deogharand Hazaribagh.
             The vast potential that state posses is lying unexplored domestically and internationally, with miniscule export figures. Also, there are no reliable statistics available. According to the Export Potential Survey of Jharkhand conducted in year 2005-06, exports stood at $17 million. There is much potential in exports of silk, handicrafts, automobile etc. Due to the lack of exports figures, we have to rely on the regional figures. Eastern region including Jharkhand contributes 10% to India’s exports. Keeping in view the immense and untapped potential of the eastern region, exports can be grown to 20% by the year 2020.