The government of Himachal Pradesh publishes the economic survey annually and presents it in the state legislature during the budget session. Economic Survey 2022-23 of Himachal Pradesh presents a comprehensive overview of the state's economy, development scenario and the antecedent opportunities for the state.
CHAPTER
GENERAL REVIEW
Key Highlights
- A Macro View
- Overview: Indian Economy
- Overview: Himachal Pradesh Economy
- Fruit production (lakh MT)
- Electricity generated (Million Units)
This is due to the fact that the lifting of restrictions on the movement of people and goods positively affected the growth of the economy. According to current estimates based on economic conditions up to December 2022, the state's economy for FY2022-23 is expected to grow by 6.4 percent.
STATE INCOME –
MACROECONOMIC VIEW
Introduction-State Economy
The growth rate of the state's domestic product is said to be the performance level and size of the state's economy over a period of time. GSDP commonly known as State Revenue is one of the important indicators to measure the economic development of the state.
Gross State Domestic Product – An outlook for FY2022-23
- GSDP at Current and Constant (2011-12) Prices
- Per Capita Income (PCI)
- Sectoral Growth Trajectory
- Primary Sector
- Secondary Sector
- Tertiary or Services Sector
- Sectoral Contribution
- Sector-wise Distribution of Value Added and Employment
The PCI is obtained by dividing the country's net domestic product by the half-yearly population of the country in the year in question. The share of the primary sector in the country's total gross value added remained largely unchanged from 2018-19 to 2022-23.
PUBLIC FINANCE AND TAXATION
- Introduction
- Fiscal Profile of Himachal Pradesh
- Fiscal Indicators of the State
- Government Expenditure
- Composition of Revenue Expenditure
- Debt Position of the State
- Gender Budget
Economic services, including electricity, gas, and water supply, consistently account for the highest percentage 59.9 of the state's non-tax revenue. Economic services, including electricity, gas, and water supply, consistently account for the highest percentage 59.9 of the state's non-tax revenue.
SCIENTIFIC RESEARCH AND INNOVATION
- Introduction
- Investment in STI
- Research
- Scientific Research and Innovation
- Department-wise R&D Expenditure
- Head-wise R&D Expenditure
- Purpose-wise R&D Expenditure
- R&D Expenditure on Revenue Account and Capital Account
- R&D Expenditure as percentage to GSDP and Total Expenditure
- Mukhya Mantri Shodh Protsahan Yojana
- Way Forward
India invests 0.7 percent of its gross domestic product (GDP) in research and development (R&D). Comparison of R&D expenditure as a percentage of different countries' GDP and gross expenditure on R&D (GERD) per inhabitant.
PROGRESSIVE HIMACHAL
Sustainable Development Goals (SDGs)
The SDGs are designed to integrate global ambitions to tackle poverty, reduce inequality, combat climate change and protect ecosystems, including forests and biodiversity. The state has selected 138 key indicators and targets for monitoring progress on the SDGs, of which 12 have been achieved, 39 should be achieved by 2021 and 87 are planned to be achieved by 2030.
Localization of SDGs
- Background
- Lead Role of NITI Aayog
- Whole of Government approach
This group will be decided by MIA-Q in consultation with Ministries, States and NITI Aayog. Baseline data for all indicators should be collected in 2021-22 or earlier.
India Innovation Index (III)
- Geographical Coverage
- Conceptual Framework
Enabling innovation Investments in human capital Knowledge workers Business environment Security and legal environment Performers Knowledge dissemination Knowledge output.
Social Progress Index (SPI)
- Tier-Wise Analysis
- State-level tiers of Social Progress
- District-level tiers of Social Progress
- Aspirational District Programme (ADP) District Insights
- Findings
Tier I: Very High Social Progress - Himachal Pradesh is ranked 7th with 8 other states/UTs and has achieved high SPI scores due to exceptionally good performance in components such as Water and Sanitation, Housing, Personal Safety, Personal Freedom and Choice, Personal Rights, Environmental Quality, thus scoring well in the dimension of Basic Human Needs. There is a correlation that can be described as positive and strong between Gross Domestic Product per capita and the Social Progress Index. In Himachal Pradesh, the relationship between SPI and GSDP is somewhat beneficial, as the state's high per capita GSDP is making the state make significant strides in the area of social advancement.
Export Preparedness Index (EPI)
- Indicators Selection
- Categorization of States
- Ranking
The EPI structure includes four pillars – policy, business ecosystem, export ecosystem and export performance and 11 sub-pillars – export promotion policy, institutional framework, business environment, infrastructure, transport connectivity, access to finance, export infrastructure, trade support. , R&D infrastructure, export diversification and growth orientation. Number of National Accreditation Board for Testing and Calibration Laboratories (NABL) accredited laboratories (per exporter). Its export promotion policy has improved within a year, leading to an improvement in Himachal Pradesh's overall ranking.
Districts Good Governance Index (DGGI)
- Some interesting features of the scoring from Table 5.16
It has ranked 2nd in Essential Infrastructure and 3rd in Social Protection and Environment and 5th in Support to Human Development Index. Bilaspur district is number 2 in the overall DGGI ranking and has a difference of 0.010 from top ranked Kangra. Bilaspur stands first in two themes, namely i) Support to Human Development Index and ii) Environment Index and has ranked 3rd in the Economic Performance Index.
BANKING AND INSTITUTIONAL FINANCE
- Introduction
- Financial Inclusion Initiatives
- Pradhan Mantri Jan Dhan Yojana (PMJDY)
- Universal Social Security Initiatives under PMJDY Scheme
- Pradhan Mantri MUDRA Yojana (PMMY)
- Stand-Up India Scheme (SUIS)
- Financial Awareness and Literacy Campaigns
- Business Volume of Banks
- Performance under Annual Credit Plan
- Implementation of Government Sponsored Schemes
- Total Priority Sector Loans (1 to 5)
- Kisan Credit Cards (KCC)
- Rural Self Employment Training Institutes (RSETIs)
- Special drive for Aadhaar linkages with Bank account and verification of Aadhaar in all existing Bank Accounts
- National Bank for Agriculture and Rural Development (NABARD)
- Financial Inculsion
- NABARD Consultancy Services (NABCONS)
- NABARD’s Initiatives for Climate Change in H.P
More than 76 percent of the national network of 2,234 bank branches are located in rural areas. Public sector banks (PSBs) have 1,157 branches as of September 2022, accounting for more than 51 percent of the total branch network of the banking sector in the country. This scheme is implemented in the state through HP State Rural Livelihoods Mission (HPSRLM), Department of Rural Development, Government of Himachal Pradesh.
PRICE MOVEMENT AND FOOD MANAGEMENT
Introduction
- Current Status of Inflation
- Consumer Price Index-Combined (CPI-C) inflation among Neighbouring, Other State
- Drivers and contributors to Consumer Price Index inflation (Combined) 2022 vs 2017 Figure 7.3
- Retail Inflation Driven by Food Commodities
- Consumer Price Index Industrial Worker (CPI-IW)
- Wholesale Price Index (WPI)
- Monthly Wholesale Price Index (WPI)
- Drivers of WPI Inflation
- Wholesale Price Inflation Caused by Global Supply Chain Disruption Prices of items like petroleum products, basic metals, chemicals and chemical
- Fuel Price Inflation: Declining Global Crude Oil Prices
- Wholesale Price Inflation of Primary Articles
- Inflation CPI (IW) vs repurchasing option rate (Repo Rate)
- Falling Inflationary Expectations
- Monetary Policy Measures for Price Stability
- Weekly Retail Price
- Volatility in Essential Commodity Prices
Himachal Pradesh has moderate inflation in the current financial year with CPI-C at 6.5 percent in April 2022 compared to 3.9 percent in December 2022 (P). CPI (IW) inflation hit a high of 7.89 percent in May, above the RBI's tolerance rate of 6 percent. Date of MPC Statements Repo rate policy changes under LAF 8 April 2022 Unchanged at 4 percent.
Food Security and Civil Supplies
National Food Security Act (NFSA) i) Antyodaya Anna Yojna (AAY)
Other than National Food Security Act (OTNFSA) (Above Poverty Line (APL)
- Himachal Pradesh State Civil Supplies Corporation (HPSCSC)
- Government Supplies
- Food Security in Tribal and inaccessible Areas of the State
- Implementation of National Food Security Act, 2013 (NFSA-2013)
- Medicines Shops
- Mukhyamantri Grihani Suvidha Yojna
The Corporation also arranges for supplies of specially subsidized items (legumes of various types, fortified mustard and refined oil and iodized salt) under the State Sponsored Scheme as per the decisions of the purchase committee constituted by the Govt. During FY2022-23, (up to December 2022) the Corporation has distributed these commodities under the said scheme to the tune of ₹ 604.92 crore as compared to ₹ 655.80 crore during the corresponding period of the previous year to the ration card holders as per the scale determined by the State Government. The Himachal Pradesh State Civil Supplies Corporation (HPSCSC) manages the procurement and supply of ayurvedic medicines to government hospitals, cement to government departments/boards/corporations and other government institutions, and galvanized iron (GI)/ductile iron (DI)/ cast iron (CI) pipes to the Jal Shakti Department as well as school uniforms to the Education Department of Himachal Pradesh government.
AGRICULTURE AND HORTICULTURE
- Introduction-Agriculture Sector
- Contribution of Agriculture and its sub-sectors
- Growth of Agriculture and its sub-sectors
- Land Use Pattern
- Land holding pattern
- Rainfall
- Agriculture and Allied Activities: Trends in Output
- Sown Area
- Cropping Intensity
- Production of Major Crops
- Trends in Productivity
- High Yielding Varieties Programme (HYVP)
- Consumption of Fertilizers and Subsidy
- Plant Protection Programme
- Soil Testing Programme
- Government Initiatives
Between 2018-19 to 2022-23 (AE), the GSVA (at current prices) of Agriculture, Forestry, Livestock and Fisheries has seen a compound annual growth rate (CAGR) of 6.9 percent in Himachal Pradesh. The livestock sub-sector accounts for 1.61 percent of the total GDP and 12 percent of the agriculture and allied sector GDP in FY2022-23. The fisheries sub-sector accounts for only 0.14 percent of the total GVA and 1.0 percent of the GVA of agriculture and allied sectors at current prices in FY2022-23.
State Sponsored Schemes
- Mukhyamantri Krishi Samvardhan Yojna (MMKSY)
- Mukhya Mantri Krishi Utpadan Sanrakshan Yojana (MMKUSY)
- Himachal Pradesh Crop Diversification Promotion Project (HPCDP)
- Mukhya Mantri Nutan Polyhouse Pariyojana
- Mukhyamantri Kisaan Evam Khetihar Mazdoor Jeevan Suraksha Yojana The State Government has introduced a Program named "Mukhyamantri
- Agriculture Marketing
- Jal Se Krishi Ko Bal Yojana
- Flow Irrigation Scheme
- Rajya Krishi Yantrikaran Karykram
- Mukhya Mantri Krishi Kosh Yojana (MMKKY)
- Krishi Se Sampannta Yojana (KSY)
Farmers in the state had been pushing to develop a plan to replace the Poly plates. Himachal Pradesh State Agricultural Marketing Board (HPSAMB) and 10 District Agriculture Produce Marketing Committees (APMCs) are formed to market agricultural products in the state. To date, 1,71,063 farmers in the state have opted for natural farming, covering 9,464 acres.
Centrally Sponsored Schemes
- Rashtriya Krishi Vikas Yojana (RKVY RAFTAAR)
- National Bamboo Mission
- Crop Insurance Scheme
- Support to State Extension programmes for Extension Reforms/
- Sub Mission of Seed & Planting Material (SMSP)
- Sub Mission on Agriculture Mechanization (SMAM)
- National Mission on Sustainable Agriculture (NMSA)
- Paramparagat Krishi Vikas Yojana (PKVY)
- National Project on Soil Health and Fertility
- National Food Security Mission (NFSM)
- Pardhanmantri Krishi Sinchai Yojana (PMKSY)
- Pradhan Mantri Kisan Urja Suraksha Evem Utthan Mahabhiyan Yojana (PM-KUSUM)
- National e-Governance Plan on Agriculture (NeGP-A)
- Horticulture
- Sub-Mission of Agriculture Mechanism (SMAM)
- Programmes/Schemes implemented for holistic development of Horticulture
Government of India has launched a new scheme for implementation of NeGP-A in the state from FY2022-23. Apple, mango, orange, pear, plum, peach, gall gall and apricot are the major horticultural crops in the state. The fluctuations in the production of apples during the last few years have attracted the attention of the government.
State Schemes
- Horticulture Development Scheme (HDS)
- Himachal Khumb Vikas Yojana (HKVY)
- Anti Hail Nets Scheme
- Himachal Pushp Kranti Yojana (HPKY)
- Mukhya Mantri Madhu Vikas Yojana (MMMVY)
- Krishi Utpaad Sarankshan
- Mission for Integrated Development of Horticulture (MIDH)
- Rashtriya Krishi Vikas Yojana - Remunerative Approaches for Agriculture and Allied Sectors Rejuvenation (RKVY-RAFTAAR)
- Restructured Weather Based Crop Insurance Scheme (R-WBCIS)
- Himachal Pradesh Marketing Corporation (HPMC)
December 1 million of these funds have been utilized and 1,404 farmers in the country have benefited from this program. Centrally sponsored scheme - MIDH is implemented in the state by the state horticulture department. Since its inception, HPMC has been playing a vital role in the lives of fruit growers in the country by providing them with profitable returns from their produce.
ANIMAL HUSBANDRY, MILK PRODUCTION AND ALLIED
Introduction-Animal Husbandry
- Inclusive Growth through Livestock
- Milk, Meat and Egg – Key Growth drivers Livestock Population
- Milk Production and Per Capita Availability of Milk
- Meat and Poultry Production
- Growth of Livestock sector
The percentage of exotic/crossbred cattle in the total cattle population of the country is increasing. The crossbred population in the country increased by 8.64 percent in the 2019 livestock census compared to the 2012 census. The percentage share of the livestock population in relation to the total population in the country shows a decreasing trend.
Government initiatives for Livestock
- Welfare scheme for the Livestock Owners
- Poultry Development Scheme
- Rashtriya Gokul Mission (RGM)
- National Livestock Mission (NLM)
- Provision of Subsidized Rams to Sheep Breeders of all categories in Himachal Pradesh
- Krishak Bakri PalanYojna
- Rural Backyard Sheep Development Scheme
- Assistance to State for Control of Animal Diseases
- Rashtriya Krishi Vikas Yojna (RKVY)
- Integrated Sample Survey for estimation of Production of major livestock product
To promote the use of sexed sperm for the production of female calves with 90 percent accuracy. Under this programme, 60 percent of the cost of breeding rams is subsidized to all Himachal Pradesh sheep producers with at least 50 sheep (limit of 2 rams per beneficiary). Under this programme, marginal/poor farmers in the state of Himachal Pradesh will receive a sheep unit of 10+1 at a subsidy of 95 per cent.
Himachal Pradesh State Cooperative Milk Producers Federation Limited (HPMilkfed)
- New Innovations of Himachal Pradesh Milkfed
Himachal Pradesh Milkfed under the Integrated Child Development Scheme (ICDS) Project, produces Panjiri, Bakery Biscuit, Sevian and Pasta for the Welfare Department. Himachal Pradesh Milkfed has installed bulk milk coolers at Karsog and Lambathach with a capacity of 5000 liters each. At present, Himachal Pradesh Milkfed has deployed 350 automatic milk collection units in various local dairy cooperatives.
Wool Procurement and Marketing Federation (WPMF)
Fisheries and Aqua Culture
- Fish production
- Export and Import of Fishery Products
In the last decade, the total fish production in Himachal Pradesh has increased significantly. The fisheries sub-sector shows mixed trends in fish exports and imports, as shown in Table 9.7. Y Interannual growth rates of export and import of fish production shown in Figure 9.6.
O-Y export-import growth rates of fish in percentage
- Growth and contribution of Fishery sector
- Government initiatives for Fishery
- Insurance and Welfare Schemes
- Trout Livestock Insurance Scheme
- Pradhan Mantri Matsya Sampada Yojana
- Forest Cover in Himachal Pradesh
- Contribution and Growth of Forestry and Logging
- Government Initiatives for Forestry
- Forest Plantation
- Forest Management
- Experimental Silvicultural Felling/Subsidiary Silviculture operations
- New Schemes
- Himachal Pradesh Forest Eco-systems Climate Proofing Project (KfW assisted)
- Himachal Pradesh Forest Eco systems Management and Livelihood Improvement Project
- Wildlife-Human Interface
- Environment Forestry and Wildlife
- Environment, Science and Technology
65 percent of the premium is paid by the state government and 35 percent by the recipient. 37,948 square kilometers (or about 68.16 percent) of the country's landmass is officially designated as forest land. 37,948 square kilometers (or about 68.16 percent) of the country's landmass is covered by officially designated forest land.
Government Initiatives
- Plastic Waste Management
- Creation of Model Eco Villages
- Research and Development (R&D) Projects
- Schedule Caste (SC) Development Plan
- State Level Environment Leadership Awards
- State Knowledge Cell on Climate Change (KCCC)
- Climate Adaptation and Finance in Rural India (CAFRI) project
- Knowledge Network on Climate Change and Disaster risk reduction (HPKNCC&DRR)
- National Adaption fund for Climate Change (NAFCC)
- Demonstration Micro Municipal Solid Waste Management Facilities State Government has completed the process for setting up of 10
- State of Environment Report-2022
- Himachal Pradesh Council for Science, Technology, and Environment (HIMCOSTE)
The Department of Environment, Science and Technology is implementing Model Eco Villages scheme in the state. Under this project, capacity development package was prepared and launched for the Panchayati Raj Institutions and Mahila mandals and various training and capacity building programs were organized in the state during FY2022-23. HIMCOSTE), is the nodal agency for the promotion of science and technology and creation of environmental awareness in the state.
Major achievements/policy initiatives
- Technology and Innovation Policy 2022
- Objectives
- Policy Stakeholders
- Mapping of Science and Technology (S&T) Needs in the State in Consonance with Sustainable Development Goals (SDGS)
- Climate Change: Impact and Mitigation in Himachal Pradesh
- Cryospheric Studies (Snow, Glaciers and GLOFs)
- Disaster Management
- Jal Jeevan Mission (JJM)
- Urban Water Supply Schemes
- Status of sewerage Schemes
- Command Area Development (CAD)
- Hand Pump Programme
- Irrigation
- Major Irrigation
- Medium Irrigation
- Minor Irrigation
Discovery and mapping of identified issues in relevant sectoral areas of the State requiring S&T interventions based on secondary sources. In the Ravi basin, the deglaciation of the order of 3.21 percent in terms of the clean glaciers and 1.46 percent in terms of the debris covered glaciers was observed during 2001- 2018. The Himachal Pradesh State Biodiversity Board was constituted under the agency of HIMCOSTE for conservation and sustainable use of biological resources of the state according to the provisions of the Biological Diversity Act, 2002.
Chapter
INDUSTRIES
