IBEF-印度米佐拉姆的工业发展与经济增长（英文）-2018.12-42页_1mb

Summary of Mizoram's Economic and Infrastructure Overview

Core Content

Mizoram, known as the "Land of the Blue Mountains," is a state in northeastern India with a strategic location bordering Manipur, Tripura, Assam, Bangladesh, and Myanmar. It is rich in natural resources, particularly bamboo and silk, and has been making significant strides in infrastructure and industrial development.

Key Sectors

Mizoram's economy is driven by four key sectors:

• Bamboo Based Industries: Mizoram has vast bamboo resources, with 3,267 square kilometers of bamboo-bearing area and an estimated growing stock of 25.26 million metric tonnes. The state's bamboo sector contributes significantly to the economy, generating revenue of Rs 11,273.54 crore (US$ 1.75 billion) in 2017-18. The government has established various initiatives to promote bamboo processing and value addition, including clusters, markets, and production units.

• Textiles and Handlooms: The state's favorable climate and fertile soil support sericulture, with raw silk production reaching 83.6 metric tonnes in 2017-18. Mizoram has a strong handloom industry, and the government is promoting ethnic crafts and ready-to-wear clothing through various policies and partnerships.

• Agriculture and Allied Industries: Agriculture is a major employment source, with about 60% of the workforce engaged in this sector. The state has high potential in spice processing, palm oil cultivation, and fish farming. In 2017-18, fish production reached 7,013 metric tonnes, and spice exports were valued at US$ 0.43 million.

• Tourism: Mizoram is a tourist destination due to its natural beauty and cultural festivals such as Chapchar Kut, Anthurium Festival, and Thalfavang Kut. The state has initiated eco-tourism policies and is developing circuits under the Swadesh Darshan scheme to attract more visitors.

Economic Snapshot

• GSDP (Gross State Domestic Product): In 2016-17, Mizoram's GSDP reached Rs 176.13 billion (US$ 2.63 billion) at current prices, growing at a CAGR of 19.40% between FY12-17.
• Per Capita GSDP: The per capita GSDP was Rs 145,084 (US$ 2,162.53) in 2016-17, with a CAGR of 17.29%.
• NSDP (Net State Domestic Product): The NSDP reached Rs 156.60 billion (US$ 2.33 billion) in 2016-17, growing at a CAGR of 19.58%.
• Per Capita NSDP: Rs 128,998 (US$ 1,922.77) in 2016-17, with a CAGR of 17.48%.
• FDI Inflows: FDI inflows to Mizoram between April 2000 and June 2018 totaled US$ 110 million. During the Mizoram Magnetic Investors Summit in 2018, investment pacts worth Rs 2,100 crore (US$ 325.83 million) were signed.

Physical Infrastructure

• Roads: Mizoram has a road network of 7,632.6 km as of 2017-18, with 1,423 km of national highways. The state is improving connectivity under the Look East Policy.
• Railways: The Bairabi-Sairang railway project, with a potential US$ 394.8 million investment, is under construction and expected to be completed by 2020. Aizawl is expected to gain rail connectivity by 2022.
• Airports and Waterways: Mizoram has one operational airport at Lengpui, which recorded 176,837 passengers and 514 metric tonnes of freight in 2018-19. The state is developing waterway connectivity with Myanmar.
• Telecom: The state has a high tele-density of 82.39%, with 11.69 million wireless subscribers and 6.09 million internet subscribers as of September 2018. Reliance Jio is the largest wireless provider in the region.

Social Infrastructure

• Education: Mizoram has a literacy rate of 91.33%, with a high Gross Enrolment Ratio (GER) at the primary and middle-school level. The state has 163 higher secondary schools, 30 colleges, and 1 central university. The government has allocated significant funds for education and health.
• Health: The state has 76 sub-centers, 520 primary health centers, 10 community health centers, 25 sub-district hospitals, and 11 district hospitals. The government is also providing free medicines to the rural poor under the AYUSH ministry.

Industrial Infrastructure

• Mizoram has eight industrial estates, five of which are operational. Zoram Industrial Development Corporation (ZIDCO) oversees the development of industrial infrastructure.
• The state has allocated US$ 13.7 million to the industry sector in 2018-19.
• The government has established various state enterprises to support the development of agriculture, food processing, and handicrafts.

Key Procedures & Policies

• Approvals and Clearances: A variety of approvals are required for industrial activities, including those from the Registrar of Companies, Mizoram Pollution Control Board, Excise Department, and Public Works Department.
• Cost of Doing Business: The cost of setting up a hotel ranges from US$ 8 to US$ 25 per room per night. Office space rent for 2,000 sq ft is between US$ 60 to US$ 600 per month.
• Labor Costs: Minimum wages for unskilled workers are US$ 4.19 per day, semi-skilled workers US$ 4.5 per day, and skilled workers US$ 5.7 to US$ 7.14 per day.

Conclusion

Mizoram is leveraging its natural resources, strategic location, and improving infrastructure to boost its economy. The state is promoting key sectors such as bamboo processing, sericulture, agriculture, and tourism. With a high literacy rate and ongoing investments in physical and social infrastructure, Mizoram is becoming an attractive destination for investors and entrepreneurs. The government is actively working to enhance trade facilitation, promote eco-tourism, and support industrial growth through various policies and initiatives.