Chhattisgarh aims to double state GDP to Rs 10 trillion in five years

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Chhattisgarh aims to double state GDP to Rs 10 trillion in five years - Business Standard

Quick Summary:

Chhattisgarh plans to double the state's gross domestic product (GSDP) to Rs 10 lakh crore in five years, combining the state's rich resources with progressive policies to bolster economic growth and development, its finance minister O P Choudhary said.

The power surplus state is also eyeing renewable energy, particularly solar, as it has abundant sunlight through the year, the minister said, adding that a few opportunities in hydel power are also being explored.

The state's new industrial policy that incentivised employment creation has already drawn investment commitments of more than Rs 1 lakh crore in the last 15 months, he said.