Uttarakhand: Economic Development | Uttarakhand State PSC (UKPSC): Preparation - UKPSC (Uttarakhand) PDF Download

 Page 1


Uttarakhand: Economic Development
Characterstics of Economy of Uttarakhand
The state represents a mixed economic model with sectors like power,
irrigation under the State, agriculture and businesses under private
management and education, health, telecom etc. being the responsibility of
both. Agriculture is the most significant sector in Uttarakhand. Rice,
soybeans, wheat, groundnuts, pulses, coarse cereals and oil seeds are the
mainly grown crops. Apples, pears, oranges, peaches, plums and litchis are
widely grown and are an important part of the food industry. The main cash
crop of the state is sugarcane. Tourism is also important contributing in the
annual earnings. Uttarakhand is among 8 states of India, which are often
termed as Empowerd Action Group. The state represents a mixed economic
structure with state planning in sectors like irrigation, drinking water, private
sector dominating in agriculture and trade while both private and public
players in health, education and communication.
The economic development of a State can be studied by looking at
indicators such as Gross Domestic Product (GDP), Gross National Product
(GNP), per capita GNP, economic growth, employment, inflation, economic
and demographic structure etc. To study the same for the state of
Uttarakhand, we present in the subsequent sub-sections patterns and trends in
the estimates of Gross and Net State Domestic Product (GSDP, NSDP),
District Domestic Product (DDP), per capita income, the tri-sectoral
economic structure and the per capita gross state domestic product.
GSDP- Uttarakhand’s State GDP is of Rs. 2.43 lakh crore in 2020-21. In
2019-20 it was Rs. 2.63 lakh crore. The decline occurred due to the impact of
covid-19 induced pandemic. Among states,Uttarakhand ranks 19
th
 in terms of
GSDP ranking. The Gross State Domestic Product (GSDP) of Uttarakhand
for 2021-22 (at current prices) is projected to be Rs. 2,78,006 crore. This is
an annual increase of 5% over 2019-20, and 14.4% higher than the revised
estimate of GSDP for 2020-21 (Rs 2,43,012 crore). In 2020-21, GSDP is
estimated to be 17.2% lower than the budget estimate. In comparison, the
nominal GDP of India is estimated to contract by 13% in 2020-21, and grow
by 14.4% in 2021-22.
Page 2


Uttarakhand: Economic Development
Characterstics of Economy of Uttarakhand
The state represents a mixed economic model with sectors like power,
irrigation under the State, agriculture and businesses under private
management and education, health, telecom etc. being the responsibility of
both. Agriculture is the most significant sector in Uttarakhand. Rice,
soybeans, wheat, groundnuts, pulses, coarse cereals and oil seeds are the
mainly grown crops. Apples, pears, oranges, peaches, plums and litchis are
widely grown and are an important part of the food industry. The main cash
crop of the state is sugarcane. Tourism is also important contributing in the
annual earnings. Uttarakhand is among 8 states of India, which are often
termed as Empowerd Action Group. The state represents a mixed economic
structure with state planning in sectors like irrigation, drinking water, private
sector dominating in agriculture and trade while both private and public
players in health, education and communication.
The economic development of a State can be studied by looking at
indicators such as Gross Domestic Product (GDP), Gross National Product
(GNP), per capita GNP, economic growth, employment, inflation, economic
and demographic structure etc. To study the same for the state of
Uttarakhand, we present in the subsequent sub-sections patterns and trends in
the estimates of Gross and Net State Domestic Product (GSDP, NSDP),
District Domestic Product (DDP), per capita income, the tri-sectoral
economic structure and the per capita gross state domestic product.
GSDP- Uttarakhand’s State GDP is of Rs. 2.43 lakh crore in 2020-21. In
2019-20 it was Rs. 2.63 lakh crore. The decline occurred due to the impact of
covid-19 induced pandemic. Among states,Uttarakhand ranks 19
th
 in terms of
GSDP ranking. The Gross State Domestic Product (GSDP) of Uttarakhand
for 2021-22 (at current prices) is projected to be Rs. 2,78,006 crore. This is
an annual increase of 5% over 2019-20, and 14.4% higher than the revised
estimate of GSDP for 2020-21 (Rs 2,43,012 crore). In 2020-21, GSDP is
estimated to be 17.2% lower than the budget estimate. In comparison, the
nominal GDP of India is estimated to contract by 13% in 2020-21, and grow
by 14.4% in 2021-22.
Growth Rate- Uttarakhand is one of the fastest growing economies in the
country with a double digit growth rate of 15.3% per annum during the
period 2004-05 to 2014-15, which was significantly higher than the all India
growth rate (around 7% during the same period). Although the growth of the
Uttarakhand economy in recent years has slowed down yet, it has still
registered above average growth of 7% per annum during 2011-12 to 2017-
18. The per capita income of the state increased at a higher rate than the
national average, which was significantly higher for 2017–18 at Rs. 1.57 lakh
compared to the national average of Rs. 1.13 lakh. This is compared to the
growth rate and per capita income of 2.9% and Rs.1500 respectively in 2000.
YEAR Growth Rate Year Growth Rate
2015-16 7.52 2018-19 5.77
2016-17 6.95 2019-20 4.30
2017-18 6.77 2020-21 -7.60
Source: Economic Survey, Government of Uttarakhand, 2020-21
At the district level the variations in growth rate across districts are also
clearly discernible. The plain districts registered higher growth rates
compared to the hill districts with Dehradun recording the highest growth rate
at 7.6 percent and Champawat the lowest (5.7 percent) in 2016-17. Only two
hill districts of Tehri Garhwal and Pauri Garhwal registered marginally
higher growth rates (7 per cent) higher than the state average (6.9 per
cent).The Net State Domestic Product at current prices was estimated as Rs.
2.63 lakh crores in 2019-20. At constant (2011-12 prices), the figure for the
year 2016-17 was estimated at Rs. 1.62 lakh crores and was estimated to rise
by Rs. 1.73lakh crores in 2017-18
The per capita income in the state (at current prices) for 2019–20 (advance
estimates) was estimated at Rs. 1.94 lakh, much higher than the
corresponding national estimate of Rs.1.12 lakh. Across the districts, large
variations in per capita income have been found, especially between the hill
and plain districts, per capita incomes being much higher in the plains vis-à-
vis the hills.All the three plains districts viz., Haridwar, Dehradun, and
Udham Singh Nagar reported reasonably high per capita incomes at Rs.2.54
lakh, Rs. 1.95 lakh and Rs. 1.87 lakh, respectively for the year 2016-17, all
Page 3


Uttarakhand: Economic Development
Characterstics of Economy of Uttarakhand
The state represents a mixed economic model with sectors like power,
irrigation under the State, agriculture and businesses under private
management and education, health, telecom etc. being the responsibility of
both. Agriculture is the most significant sector in Uttarakhand. Rice,
soybeans, wheat, groundnuts, pulses, coarse cereals and oil seeds are the
mainly grown crops. Apples, pears, oranges, peaches, plums and litchis are
widely grown and are an important part of the food industry. The main cash
crop of the state is sugarcane. Tourism is also important contributing in the
annual earnings. Uttarakhand is among 8 states of India, which are often
termed as Empowerd Action Group. The state represents a mixed economic
structure with state planning in sectors like irrigation, drinking water, private
sector dominating in agriculture and trade while both private and public
players in health, education and communication.
The economic development of a State can be studied by looking at
indicators such as Gross Domestic Product (GDP), Gross National Product
(GNP), per capita GNP, economic growth, employment, inflation, economic
and demographic structure etc. To study the same for the state of
Uttarakhand, we present in the subsequent sub-sections patterns and trends in
the estimates of Gross and Net State Domestic Product (GSDP, NSDP),
District Domestic Product (DDP), per capita income, the tri-sectoral
economic structure and the per capita gross state domestic product.
GSDP- Uttarakhand’s State GDP is of Rs. 2.43 lakh crore in 2020-21. In
2019-20 it was Rs. 2.63 lakh crore. The decline occurred due to the impact of
covid-19 induced pandemic. Among states,Uttarakhand ranks 19
th
 in terms of
GSDP ranking. The Gross State Domestic Product (GSDP) of Uttarakhand
for 2021-22 (at current prices) is projected to be Rs. 2,78,006 crore. This is
an annual increase of 5% over 2019-20, and 14.4% higher than the revised
estimate of GSDP for 2020-21 (Rs 2,43,012 crore). In 2020-21, GSDP is
estimated to be 17.2% lower than the budget estimate. In comparison, the
nominal GDP of India is estimated to contract by 13% in 2020-21, and grow
by 14.4% in 2021-22.
Growth Rate- Uttarakhand is one of the fastest growing economies in the
country with a double digit growth rate of 15.3% per annum during the
period 2004-05 to 2014-15, which was significantly higher than the all India
growth rate (around 7% during the same period). Although the growth of the
Uttarakhand economy in recent years has slowed down yet, it has still
registered above average growth of 7% per annum during 2011-12 to 2017-
18. The per capita income of the state increased at a higher rate than the
national average, which was significantly higher for 2017–18 at Rs. 1.57 lakh
compared to the national average of Rs. 1.13 lakh. This is compared to the
growth rate and per capita income of 2.9% and Rs.1500 respectively in 2000.
YEAR Growth Rate Year Growth Rate
2015-16 7.52 2018-19 5.77
2016-17 6.95 2019-20 4.30
2017-18 6.77 2020-21 -7.60
Source: Economic Survey, Government of Uttarakhand, 2020-21
At the district level the variations in growth rate across districts are also
clearly discernible. The plain districts registered higher growth rates
compared to the hill districts with Dehradun recording the highest growth rate
at 7.6 percent and Champawat the lowest (5.7 percent) in 2016-17. Only two
hill districts of Tehri Garhwal and Pauri Garhwal registered marginally
higher growth rates (7 per cent) higher than the state average (6.9 per
cent).The Net State Domestic Product at current prices was estimated as Rs.
2.63 lakh crores in 2019-20. At constant (2011-12 prices), the figure for the
year 2016-17 was estimated at Rs. 1.62 lakh crores and was estimated to rise
by Rs. 1.73lakh crores in 2017-18
The per capita income in the state (at current prices) for 2019–20 (advance
estimates) was estimated at Rs. 1.94 lakh, much higher than the
corresponding national estimate of Rs.1.12 lakh. Across the districts, large
variations in per capita income have been found, especially between the hill
and plain districts, per capita incomes being much higher in the plains vis-à-
vis the hills.All the three plains districts viz., Haridwar, Dehradun, and
Udham Singh Nagar reported reasonably high per capita incomes at Rs.2.54
lakh, Rs. 1.95 lakh and Rs. 1.87 lakh, respectively for the year 2016-17, all
the figures well above the state average too.Among the hill districts, all of
which had per capita incomes below the state average, the lowest per capita
income was reported for Rudraprayag (Rs. 83.5 thousand) and the highest for
Chamoli (Rs. 1.18 lakh).
DISTRICT
Growth Rate
at 2011-12
price
Net State Domestic Product at Constant
Prices (2011-12 base year), in Rs.
Crores (2017-18
CHAMPAWAT 5.8 0.91
UTTARKASHI 6.1 0.89
CHAMOLI 6.2 1.18
BAGESHWAR 6.5 1.0
RUDRAPRAYAG 6.5 0.84
ALMORA 6.5 0.97
U S NAGAR 6.5 1.87
PITHORAGARH 6.7 1.02
NAINITAL 6.8 1.15
UTTARAKHAND 7 1.61
PAURI
GARHWAL
7 1.10
TEHRI
GARHWAL
7 0.84
HARIDWAR 7.3 2.54
DEHRADUN 7.6 1.96
Source: Economic Survey, Government of Uttarakhand, 2017-18
GSDP Composition- Agriculture plays a major role in the Uttarakhand
economy with almost half the workforce (49 per cent) engaged in it, but
contributed only 9 per cent to the state income, while 22 per cent of the
workforce involved in the secondary sector and 29 per cent in tertiary sector
contributed about 52 per cent and 39 per cent of the state income respectively
in 2019-20. An important feature of the economy is the steep rise in the share
Page 4


Uttarakhand: Economic Development
Characterstics of Economy of Uttarakhand
The state represents a mixed economic model with sectors like power,
irrigation under the State, agriculture and businesses under private
management and education, health, telecom etc. being the responsibility of
both. Agriculture is the most significant sector in Uttarakhand. Rice,
soybeans, wheat, groundnuts, pulses, coarse cereals and oil seeds are the
mainly grown crops. Apples, pears, oranges, peaches, plums and litchis are
widely grown and are an important part of the food industry. The main cash
crop of the state is sugarcane. Tourism is also important contributing in the
annual earnings. Uttarakhand is among 8 states of India, which are often
termed as Empowerd Action Group. The state represents a mixed economic
structure with state planning in sectors like irrigation, drinking water, private
sector dominating in agriculture and trade while both private and public
players in health, education and communication.
The economic development of a State can be studied by looking at
indicators such as Gross Domestic Product (GDP), Gross National Product
(GNP), per capita GNP, economic growth, employment, inflation, economic
and demographic structure etc. To study the same for the state of
Uttarakhand, we present in the subsequent sub-sections patterns and trends in
the estimates of Gross and Net State Domestic Product (GSDP, NSDP),
District Domestic Product (DDP), per capita income, the tri-sectoral
economic structure and the per capita gross state domestic product.
GSDP- Uttarakhand’s State GDP is of Rs. 2.43 lakh crore in 2020-21. In
2019-20 it was Rs. 2.63 lakh crore. The decline occurred due to the impact of
covid-19 induced pandemic. Among states,Uttarakhand ranks 19
th
 in terms of
GSDP ranking. The Gross State Domestic Product (GSDP) of Uttarakhand
for 2021-22 (at current prices) is projected to be Rs. 2,78,006 crore. This is
an annual increase of 5% over 2019-20, and 14.4% higher than the revised
estimate of GSDP for 2020-21 (Rs 2,43,012 crore). In 2020-21, GSDP is
estimated to be 17.2% lower than the budget estimate. In comparison, the
nominal GDP of India is estimated to contract by 13% in 2020-21, and grow
by 14.4% in 2021-22.
Growth Rate- Uttarakhand is one of the fastest growing economies in the
country with a double digit growth rate of 15.3% per annum during the
period 2004-05 to 2014-15, which was significantly higher than the all India
growth rate (around 7% during the same period). Although the growth of the
Uttarakhand economy in recent years has slowed down yet, it has still
registered above average growth of 7% per annum during 2011-12 to 2017-
18. The per capita income of the state increased at a higher rate than the
national average, which was significantly higher for 2017–18 at Rs. 1.57 lakh
compared to the national average of Rs. 1.13 lakh. This is compared to the
growth rate and per capita income of 2.9% and Rs.1500 respectively in 2000.
YEAR Growth Rate Year Growth Rate
2015-16 7.52 2018-19 5.77
2016-17 6.95 2019-20 4.30
2017-18 6.77 2020-21 -7.60
Source: Economic Survey, Government of Uttarakhand, 2020-21
At the district level the variations in growth rate across districts are also
clearly discernible. The plain districts registered higher growth rates
compared to the hill districts with Dehradun recording the highest growth rate
at 7.6 percent and Champawat the lowest (5.7 percent) in 2016-17. Only two
hill districts of Tehri Garhwal and Pauri Garhwal registered marginally
higher growth rates (7 per cent) higher than the state average (6.9 per
cent).The Net State Domestic Product at current prices was estimated as Rs.
2.63 lakh crores in 2019-20. At constant (2011-12 prices), the figure for the
year 2016-17 was estimated at Rs. 1.62 lakh crores and was estimated to rise
by Rs. 1.73lakh crores in 2017-18
The per capita income in the state (at current prices) for 2019–20 (advance
estimates) was estimated at Rs. 1.94 lakh, much higher than the
corresponding national estimate of Rs.1.12 lakh. Across the districts, large
variations in per capita income have been found, especially between the hill
and plain districts, per capita incomes being much higher in the plains vis-à-
vis the hills.All the three plains districts viz., Haridwar, Dehradun, and
Udham Singh Nagar reported reasonably high per capita incomes at Rs.2.54
lakh, Rs. 1.95 lakh and Rs. 1.87 lakh, respectively for the year 2016-17, all
the figures well above the state average too.Among the hill districts, all of
which had per capita incomes below the state average, the lowest per capita
income was reported for Rudraprayag (Rs. 83.5 thousand) and the highest for
Chamoli (Rs. 1.18 lakh).
DISTRICT
Growth Rate
at 2011-12
price
Net State Domestic Product at Constant
Prices (2011-12 base year), in Rs.
Crores (2017-18
CHAMPAWAT 5.8 0.91
UTTARKASHI 6.1 0.89
CHAMOLI 6.2 1.18
BAGESHWAR 6.5 1.0
RUDRAPRAYAG 6.5 0.84
ALMORA 6.5 0.97
U S NAGAR 6.5 1.87
PITHORAGARH 6.7 1.02
NAINITAL 6.8 1.15
UTTARAKHAND 7 1.61
PAURI
GARHWAL
7 1.10
TEHRI
GARHWAL
7 0.84
HARIDWAR 7.3 2.54
DEHRADUN 7.6 1.96
Source: Economic Survey, Government of Uttarakhand, 2017-18
GSDP Composition- Agriculture plays a major role in the Uttarakhand
economy with almost half the workforce (49 per cent) engaged in it, but
contributed only 9 per cent to the state income, while 22 per cent of the
workforce involved in the secondary sector and 29 per cent in tertiary sector
contributed about 52 per cent and 39 per cent of the state income respectively
in 2019-20. An important feature of the economy is the steep rise in the share
of the secondary sector, while the tertiary sector also registered a perceptible
increase between 2004-05 and 2011-12 and in the more recent period from
2011-12 to 2019-20. The prominent sub-sectors have been construction and
manufacturing in the secondary sector, while trade, hotel & restaurants
catering mainly the tourism and hospitality industry in the tertiary sector.
Between 2011-12 and 2017-18 the primary sector has grown somewhat
sluggishly (1.07 percent AGCR), the secondary sector posted a growth rate of
6.1 per cent, while the tertiary sector recorded growth of 7.2 per cent.
When the income structure is classified tri-sectorally to study the
distribution of the GSDP in Uttarakhand, for the period 2011-12 to 2017-18,
we find that the share of the primary sector was low (13.1 percent) in 2011-
12 and declined further (9.4 percent) in 2017-18. Within the primary sector it
has been mining and quarrying which reported high growth rates but their
overall share in the primary sector was low.
YEAR PRIMARY SECONDARY TERTIARY
1999-20 30.10 18.79 51.11
2009-10 16.97 33.86 49.17
2011-12 13.1 49 31.8
2013-14 12.2 48.9 32.5
2014-15 11 48.5 34.1
2015-16 10.2 49.3 33.7
2016-17 9.8 49.7 33.8
2017-18 11 49 40
2019-20 9 52 39
Source: Economic Survey, Government of Uttarakhand, 2017-18
The secondary sector, which includes industry, had a remarkably higher share
in GSDP in Uttarakhand, and it showed increase over 2011-12 to 2019-20
(49.3 percent to 52 percent). Within the secondary sector, a large part of the
growth share came from the construction activities, despite the fact that
construction growth somewhat slackened in the latter half of the time period
under consideration. The manufacturing sector has registered a fairly robust
Page 5


Uttarakhand: Economic Development
Characterstics of Economy of Uttarakhand
The state represents a mixed economic model with sectors like power,
irrigation under the State, agriculture and businesses under private
management and education, health, telecom etc. being the responsibility of
both. Agriculture is the most significant sector in Uttarakhand. Rice,
soybeans, wheat, groundnuts, pulses, coarse cereals and oil seeds are the
mainly grown crops. Apples, pears, oranges, peaches, plums and litchis are
widely grown and are an important part of the food industry. The main cash
crop of the state is sugarcane. Tourism is also important contributing in the
annual earnings. Uttarakhand is among 8 states of India, which are often
termed as Empowerd Action Group. The state represents a mixed economic
structure with state planning in sectors like irrigation, drinking water, private
sector dominating in agriculture and trade while both private and public
players in health, education and communication.
The economic development of a State can be studied by looking at
indicators such as Gross Domestic Product (GDP), Gross National Product
(GNP), per capita GNP, economic growth, employment, inflation, economic
and demographic structure etc. To study the same for the state of
Uttarakhand, we present in the subsequent sub-sections patterns and trends in
the estimates of Gross and Net State Domestic Product (GSDP, NSDP),
District Domestic Product (DDP), per capita income, the tri-sectoral
economic structure and the per capita gross state domestic product.
GSDP- Uttarakhand’s State GDP is of Rs. 2.43 lakh crore in 2020-21. In
2019-20 it was Rs. 2.63 lakh crore. The decline occurred due to the impact of
covid-19 induced pandemic. Among states,Uttarakhand ranks 19
th
 in terms of
GSDP ranking. The Gross State Domestic Product (GSDP) of Uttarakhand
for 2021-22 (at current prices) is projected to be Rs. 2,78,006 crore. This is
an annual increase of 5% over 2019-20, and 14.4% higher than the revised
estimate of GSDP for 2020-21 (Rs 2,43,012 crore). In 2020-21, GSDP is
estimated to be 17.2% lower than the budget estimate. In comparison, the
nominal GDP of India is estimated to contract by 13% in 2020-21, and grow
by 14.4% in 2021-22.
Growth Rate- Uttarakhand is one of the fastest growing economies in the
country with a double digit growth rate of 15.3% per annum during the
period 2004-05 to 2014-15, which was significantly higher than the all India
growth rate (around 7% during the same period). Although the growth of the
Uttarakhand economy in recent years has slowed down yet, it has still
registered above average growth of 7% per annum during 2011-12 to 2017-
18. The per capita income of the state increased at a higher rate than the
national average, which was significantly higher for 2017–18 at Rs. 1.57 lakh
compared to the national average of Rs. 1.13 lakh. This is compared to the
growth rate and per capita income of 2.9% and Rs.1500 respectively in 2000.
YEAR Growth Rate Year Growth Rate
2015-16 7.52 2018-19 5.77
2016-17 6.95 2019-20 4.30
2017-18 6.77 2020-21 -7.60
Source: Economic Survey, Government of Uttarakhand, 2020-21
At the district level the variations in growth rate across districts are also
clearly discernible. The plain districts registered higher growth rates
compared to the hill districts with Dehradun recording the highest growth rate
at 7.6 percent and Champawat the lowest (5.7 percent) in 2016-17. Only two
hill districts of Tehri Garhwal and Pauri Garhwal registered marginally
higher growth rates (7 per cent) higher than the state average (6.9 per
cent).The Net State Domestic Product at current prices was estimated as Rs.
2.63 lakh crores in 2019-20. At constant (2011-12 prices), the figure for the
year 2016-17 was estimated at Rs. 1.62 lakh crores and was estimated to rise
by Rs. 1.73lakh crores in 2017-18
The per capita income in the state (at current prices) for 2019–20 (advance
estimates) was estimated at Rs. 1.94 lakh, much higher than the
corresponding national estimate of Rs.1.12 lakh. Across the districts, large
variations in per capita income have been found, especially between the hill
and plain districts, per capita incomes being much higher in the plains vis-à-
vis the hills.All the three plains districts viz., Haridwar, Dehradun, and
Udham Singh Nagar reported reasonably high per capita incomes at Rs.2.54
lakh, Rs. 1.95 lakh and Rs. 1.87 lakh, respectively for the year 2016-17, all
the figures well above the state average too.Among the hill districts, all of
which had per capita incomes below the state average, the lowest per capita
income was reported for Rudraprayag (Rs. 83.5 thousand) and the highest for
Chamoli (Rs. 1.18 lakh).
DISTRICT
Growth Rate
at 2011-12
price
Net State Domestic Product at Constant
Prices (2011-12 base year), in Rs.
Crores (2017-18
CHAMPAWAT 5.8 0.91
UTTARKASHI 6.1 0.89
CHAMOLI 6.2 1.18
BAGESHWAR 6.5 1.0
RUDRAPRAYAG 6.5 0.84
ALMORA 6.5 0.97
U S NAGAR 6.5 1.87
PITHORAGARH 6.7 1.02
NAINITAL 6.8 1.15
UTTARAKHAND 7 1.61
PAURI
GARHWAL
7 1.10
TEHRI
GARHWAL
7 0.84
HARIDWAR 7.3 2.54
DEHRADUN 7.6 1.96
Source: Economic Survey, Government of Uttarakhand, 2017-18
GSDP Composition- Agriculture plays a major role in the Uttarakhand
economy with almost half the workforce (49 per cent) engaged in it, but
contributed only 9 per cent to the state income, while 22 per cent of the
workforce involved in the secondary sector and 29 per cent in tertiary sector
contributed about 52 per cent and 39 per cent of the state income respectively
in 2019-20. An important feature of the economy is the steep rise in the share
of the secondary sector, while the tertiary sector also registered a perceptible
increase between 2004-05 and 2011-12 and in the more recent period from
2011-12 to 2019-20. The prominent sub-sectors have been construction and
manufacturing in the secondary sector, while trade, hotel & restaurants
catering mainly the tourism and hospitality industry in the tertiary sector.
Between 2011-12 and 2017-18 the primary sector has grown somewhat
sluggishly (1.07 percent AGCR), the secondary sector posted a growth rate of
6.1 per cent, while the tertiary sector recorded growth of 7.2 per cent.
When the income structure is classified tri-sectorally to study the
distribution of the GSDP in Uttarakhand, for the period 2011-12 to 2017-18,
we find that the share of the primary sector was low (13.1 percent) in 2011-
12 and declined further (9.4 percent) in 2017-18. Within the primary sector it
has been mining and quarrying which reported high growth rates but their
overall share in the primary sector was low.
YEAR PRIMARY SECONDARY TERTIARY
1999-20 30.10 18.79 51.11
2009-10 16.97 33.86 49.17
2011-12 13.1 49 31.8
2013-14 12.2 48.9 32.5
2014-15 11 48.5 34.1
2015-16 10.2 49.3 33.7
2016-17 9.8 49.7 33.8
2017-18 11 49 40
2019-20 9 52 39
Source: Economic Survey, Government of Uttarakhand, 2017-18
The secondary sector, which includes industry, had a remarkably higher share
in GSDP in Uttarakhand, and it showed increase over 2011-12 to 2019-20
(49.3 percent to 52 percent). Within the secondary sector, a large part of the
growth share came from the construction activities, despite the fact that
construction growth somewhat slackened in the latter half of the time period
under consideration. The manufacturing sector has registered a fairly robust
growth rate of 6.2 percent per annum over the last seven years. Evidently,
most of the growth rates in these three sectors have occurred during the
period 2014-15 to 201718.
The tertiary sector grew a little over 7 percent per annum over the seven
year period under consideration from 31.8 percent in 2011-12 to 39 percent in
2019-20. Most of the growth in this sector came from the sub-sectors
comprising transport, storage, communication & services related to
broadcasting that witnessed high growth rates (9.3 percent), other services
(9.5 percent). Trade, repair, hotels, and restaurants registered 6.9 percent
growth per annum over the seven year period. These sub-sectors are
emerging the fastest growing sectors. Financial services, real estate,
ownership of dwellings, professional services and public administration grew
by over 5 percent per annum. Such trends clearly point towards a sectoral
transformation in the economic structure of Uttarakhand.
Table 24.1: GSDP at Constant (2011-12 prices), in 00’ crore