Rajasthan Blog

All you need to know about Rajasthan

Posts Tagged economy of rajasthan.

Planning to Do Business in Rajasthan – Detailed Overview on Industrial Scenario

Jan 18

Posted by mystaterajasthan in about rajasthan, travel rajasthan | No Comments

Rajasthan is located in Northwestern India and has boundaries with the States of Punjab, Haryana, Uttar Pradesh, Madhya Pradesh, and Gujarat as well as a long international boundary with Pakistan.

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Most Lucrative Investment Destination

Rajasthan, with its heritage, culture and art has mesmerized the world for centuries. But in recent times, Rajasthan has rapidly emerged as one of the most lucrative investment destinations in India.

Advantages of Doing Business in Rajasthan

Wide-ranging economic reforms, availability of low cost labour, access to cheap and a variety of raw material  and intermediate products, a large domestic market, a mature financial sector and political stability are some  of the factors which have increased investment flows.

This business environment is powered by an enterprise-friendly government, good  infrastructure and a young & highly skilled workforce which attracts lots of business players.

Economy of Rajasthan

According to Indian Brand Equity Foundation (IBEF) Rajasthan is the second largest mineral producing state in  India.  The state’s gross domestic product (GDP) grew at an impressive compound annual growth rate (CAGR) of 14.1  per cent between 2002-03 and 2008-09 to reach US$ 41.74 billion.  Rajasthan’s economy is primarily agricultural and pastoral with one-third of Rastaban’s GDP .

Various Industry Sectors in Rajasthan

# Agriculture
# Cement
# Energy
# Gems and Jewellery
# Handicrafts
# Mining
# Stone
# Textile
# Tourism

In upcoming days we will be writing about various industry sectors of rajasthan, business oppounities, where to invest, recent business growth, key business in rajasthan and lot of other related aspects.  Stay tuned to learn more.

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Unseasonal Rains Damages Wheat and Vegetable Crops in Rajasthan

Mar 24

Posted by mystaterajasthan in about rajasthan, latest events rajasthan | 2 Comments

Unseasonal rains and thunder showers have damaged between 3 to  20 percent of the wheat crop in India’s fourth largest producer Rajasthan.

What Type of Crops have been damaged ?

Psyllium seed, popularly known as Isabgol, suffered the maximum damage with 50 to 90 per cent of the crop damaged by the rains. Barley suffered 2 to 10 percent loss, chana 2 to 5 percent and jeera 5 to 15 percent suffered. The state government may lower its winter output estimates for wheat, barley, gram, pulses and rapeseed, as crops grown over 273,000 hectares have been damaged because of the rains.

Rajasthan had earlier estimated wheat output of 6.38 million tonnes wheat and a rapeseed crop of 3.82 million tonnes.

Top Producer of rapeseed – Accounts for 42 percent of national output.

Rajasthan surprises most observers with its highly diversified agricultural produce. The State is India’s largest producer of oilseeds (rapeseed & mustard), seed spices (coriander, cumin and fenugreek), coarse cereals and ‘bajra’ in India and accounts for close to 70% of the country’s production of guar.

The State is major producer of soybean, food grains, gram, groundnut and pulses.

Rajasthan Agriculture Industry

Rajasthan’s economy is mainly agriculture-based. About 80 percent of the population lives in rural areas and is dependent on farming.

Cereal crops such as bajra, juar, wheat and barley cover the largest cultivated area. The Indira Gandhi or Rajasthan canal provides irrigation to the arid western districts of Bikaner and Jaisalmer. Ganganagar district is irrigated with water from the Ganga canal in the Punjab.

Many kinds of fruits and vegetables are grown in Rajasthan. The agricultural farms in Rajasthan are mainly irrigated with the help of tanks and wells. This sector has given a major boost to the Economy of  Rajasthan.

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