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Economic Situation of Rajasthan
Rajasthan's development since independence presents a mixed picture. On the one hand, the State has made significant progress in development of basic infrastructure like irrigation, and industrial production has not only increased but has also diversified over the years. The State is now a producer of a wide range of products such as synthetic yarn, cement, TV picture tubes, chemicals and fertilizers and even sophisticated electronic items. On the other hand, the gross State Domestic Product (GSDP) has grown only at 3.3 % per annum during the last three decades. As per advance estimates Net State Domestic Product at constant (1980-81) prices works out to Rs. 95760 million for 1994 - 95 which is a 17 % increase over the NSDP of the previous year.
Agriculture continues to remain the crucial sector in the economy of the State, contributing about 45% to the NSDP and providing livelihood to about 70% of the workforce. Manufacturing contributes about 11% to the NSDP employees about 9% of workforce. The public sector is a major factor in the State's economy and is predominant in certain industries (such as for the production of minerals) besides utilities, banking and insurance.
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