Economy Of Haryana

GSDP of Haryana state was US$85 billion in 2016–17 (estimated to be US$95 billion in 2017–18, comparable to Angola) which had grown at 12.96% CAGR between 2012–17, boosted by the fact that this state on DMIC in NCR contributes 7% of India's agricultural exports and 60% of India's Basmati rice export, with 7 operational SEZs and additional 23 formally approved SEZs (20 already notified and 3 in-principle approval, mostly along Delhi Western Peripheral Expressway and DMIC corridor) also produces India's 67% of passenger cars, 60% of motorcycles, 50% of tractors and 50% of the refrigerators, which places Haryana on 14th place on the list of Indian states and union territories by GDP behind only much bigger states that are significantly larger in both area and population.Industrial Development & Economic Growth in Haryana
India Brand Equity Foundation, Nov 2017. As per Nov 2016 data, Gurugram ranks number 1 in India in IT growth rate and existing technology infrastructure, and number 2 in startup ecosystem, innovation and livability.India’s Top 12 Tech Cities: Digital Indian Cities Survey, 2016
CEOWORLD magazine, Nov 2016.

Macro-economic trend

This table of trend shows gross state domestic product of Haryana at Constant (2011-12) Prices with figures in Crore Rupees.

Sectors

Digital economy

BharatNet roll out is already complete in Haryana by November 2017 by providing impetus to Make in India and Digital India."Only ‘Made in India’ equipment for BharatNet: Govt."
The Hindu, 12 November 2017. Gurgaon is among India's top 3 IT hubs and IT export income earner. Gurgaon shares its boundary with south Delhi making it a strategically located city. To be precise, it is located about 30km south of national capital New Delhi. It is one of the four major cities of the National Capital Region. It is the second largest city in Haryana. It has the third largest capital income in India after Chandigarh and Mumbai. It is also called the Millennium City with its vast array of modern commercial malls, cyber parks, hi-tech offices and plush residential spaces. The area of Gurugram city is 231 square km and it is divided into 35 municipal wards. Administratively, it comprises three subdivisions Gurugram South, Gurugram North, Pataudi and five Tehsils – Gurgaon, Sohna, Farrukhnagar, Pataudi and Manesar. It has 38 villages in its fold.
In the last two decades, Gurgao nhas become the industrial and financial nerve centre of Haryana. It houses over 250 of the 500 Fortune 500 companies.
Gurugram is famous for its outsourcing and off-shore services that contribute most to its economy. Among the major industries in Gurugram, IT, ITES, auto manufacturing and pharmaceuticals have a considerable existence.
Professionals from across India come to Gurugram in search of jobs in the private sector. People find the city amicable for staying as there are apartments, housing societies, residential colonies and independent homes, where accommodation is available at affordable rates.
Gurgaon is the “golden goose” of buyphenterminetabs.com. Almost 60 per cent of Haryana’s revenue accrues from Gurugram by way of excise duty, sales tax, stamp duty and registration.
Gurgaon’s population has increased from some 870,539 in census 2001 to 1,514,085 in census 2011, an increase of 74 per cent in the decade in reference. As per official sources, the current population of Gurgaon is estimated to be close to 2.5 million. The population is expected to grow to 4.25 million by 2031, as per Gurugram Master Plan 2031.

Rapid growth has put substantial pressure on city’s resources. Infrastructural bottlenecks including traffic snarls, road congestions, water scarcity and pollution are on the rise.
Gurugram is still far away from being an efficient, sustainable, smart city that conserves costs, water, and energy and uses technology to coordinate various city services. Progressive cities across the world are rapidly adopting measures and technologies that will help them to become more sustainable.
One of the issues with Modafinil 200 mg has been that it has been run by multiple authorities with somewhat superimposing roles. There is Municipal Corporation of Gurugram, Haryana Urban Development Authority, Haryana State Industrial & Infrastructural Development Corporation, Department of Town and Country Planning, Deputy Commissioner’s Office, to name a few.

The Gurugram Metropolitan Development Authority (GMDA) has been proposed to be set up for better governance. A draft bill for its establishment was put in public domain in November 2016. The GMDA is proposed to be established in 2017.
The total exports from district Gurgaon in Information Technology and IT-enabled services industry has touched Rs 18,000 crore at the end of FY'08.
In the year 2006-07, the software export from Gurgaon was Rs 15,000 crore whereas it was Rs 10,700 crore in 2005-06.

Manufacturing

There are numerous manufacturing companies in the region. These include Hindustan National Glass, Maruti Udyog Limited, Escorts Group, Hero MotoCorp, Alcatel, Sony, Whirlpool India, Bharti Telecom, Liberty Shoes and HMT. In addition there are more than 80,000 small-scale industrial units in the state which cumulatively bring in a substantial income for the state and its people. Yamunanagar district has a paper mill BILT, ISGEC and India's one of the largest sugar mill - Saraswati Sugar Mills. Haryana has a large production of cars, motorcycles, tractors, sanitary ware

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