is one of the rapidly developing states of India. The per capita
income is around 250 USD as of 2001, but that is in part due to the
neglect and under investment during it being the part of Madhaya
Pradesh. Only 20% of population lives in urban areas.
Chhattisgarh's gross state domestic product for 2004 is estimated at
12 billion USD in current prices. After partition, this mineral-rich
state produces 30% of the output of the old Madhya Pradesh state.
The state has immense potential to graduate into the league of
advanced states provided it gets a far sighted political leadership
and adequate planning especially in the area of higher studies as
well as technical education.
The state's economy is further fuelled by the presence of the Bhilai
Steel Plant, S.E.C.Railway Zone, BALCO Aluminium Plant (Korba), and
NTPC Korba (National Thermal Power Corporation Ltd) and S.E.C.L.
(South Eastern Coalfields Limited).
The city of Korba is a hub for power generation, from where the
electricity is supplied to several other Indian states.
Chattisgarh's southern area consists of iron ore available where
NMDC is excavating to meet the iron demand in India and as well
sending to countries like Japan. NMDC is located in Dantewara
district. Recently ESSAR has started transporting iron ore through
pipe lines to Vizag.
The state is also launching an ambitious plan to become biofuel
self-sufficient by 2015 by planting crops of jatropha.