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Jharkhand is one of the richest mineral zones in the world and has 40 percent and 29 percent of India’s mineral and coal reserves, respectively. Due to its abundant mineral reserves, mining and mineral extraction are the main industries in the country. Jharkhand is rich in mineral resources such as coal (27.3 percent of India’s reserves), iron ore (26 percent of India’s reserves), copper ore (18.5 percent of India’s reserves), uranium, mica, bauxite, granite, limestone, silver, graphite, magnetite and dolomite. Jharkhand is the only state in India that produces coking coal, uranium and pyrite. With 25.7 percent of the total iron ore (hematite) reserves, Jharkhand ranks second among the states.
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The country is rich in minerals, such as bauxite, mica, graphite, quartz, iron, copper, and magnetite. About 40% of the country’s total mineral resources are located in the country. This is recognized as an area of great potential. The country is also the only producer of uranium and coking coal in the country. Jharkhand also has plenty of water, energy reserves, forests, and fertile soil, which can help the state become one of the most developed states in the country.
Jharkhand is a state in eastern India, the city of Ranchi is the capital while the industrial city of Jamshedpur is the most populous city in the state. Jharkhand became the first in India to introduce free haircuts for poor students. It also has abundant mineral resources such as iron ore, coal, copper ore, mica, bauxite, etc., large deposits of coal and the concentration of iron ore support in the industry.
Forests and forests occupy more than 29 percent of the country, making it one of the countries with more forest cover.
Jharkhand offers various fiscal and policy incentives to industries, under the Industrial Policy, 2001. The state also has policies for IT and SEZs that offer sector-specific incentives.
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Jharkhand is one of the richest mineral zones in the world. 40% of the country’s total minerals are available in this country. The country is the only producer of cooking coal, uranium and pyrite. First rank in the production of coal, mica, kyanite and copper in India. Geographical exploration and exploitation of gold, silver, base metals, decorative stones, precious stones, etc. are potential areas in the future. Jharkhand is also endowed with other resources like surface and ground water, land with abundant biodiversity, moderate climate, disciplined and skilled workforce, availability of adequate power, which are basic needs for industrial growth and development.
The agro-climatic conditions of the State are conducive to the commercial cultivation of various fruits, vegetables, flowers and medicinal and aromatic plants. Plantation and Horticulture is one of the important agricultural sub-sectors that have scope for expansion in the state of Jharkhand. The state of Jharkhand has a geographical area of 79.7 lakh ha of which 38 lakh ha is cultivable land. The net irrigated area is only 1.57 lakh ha which is only 8% of the sown area. The total area occupied for plantation and horticulture in the state is about 2.57 lakh hectares. Various fruits are grown in Jharkhand. The crops grown in Jharkhand are Mango, Litchi, Stone fruit (Peach), Orange (Lime/Lemon), Awla and Papaya in fruits, Lombok, Turmeric and Ginger in spices, Rose, Marigold, Gerbera, Carnation and Gladiolus between flowers, Lemon. grass, Palmarosa and Rosa damascena in aromatic plants, Guava in Plantation plants. Jharkhand is endowed with abundant fresh water resources in the form of tanks/ponds and reservoirs.
Jharkhand, like Chattisgarh and Uttaranchal, is endowed with ample forest cover. These forests are home to two species of trees – Arjuna (Terminalia Arjuna) and Asan (Terminalia Tomentosa) which are home to moths that produce cocoons from Tasar thread. The Jharkhand forest department also plans to encourage planting of Arjuna trees in place of the traditional Acacia or Eucalyptus trees. Tussar Food plants are available over an area of 9 lakh hectares. Singhbhum and Santhalpargana regions are the main centers of silk production in the country.
Jharkhand is emerging as a hub for steel companies. The country is endowed with two iron ore deposits, Hematite & Magnetite. Hematite deposits are mainly located in West Singhbhum District and have a resource base of more than 3700 million Tons. It has been studied only in pockets by large industrial houses that are rented out. There is great scope to expand this resource base with further exploration. Magnetite deposits are located in East Singhbhum, Latehar & Palamu districts. It consists of lenticular ore bodies as well as Schist rocks with 80 to 36% magnetic. Exploration of the body has not been carried out. A steel plant with a source of iron ore (Hematite) from West Singhbhum.
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Handloom is a labour-intensive cottage industry sector that provides employment to around 1.5 lakh weavers across the State. Various incentives for handloom weavers are provided under the Deendayal Hastkargha Protsahan Yojana, which aims to take care of various activities, such as basic inputs such as looms and accessories, product development, infrastructure support, institutional support, training for weavers, supply of equipment. and marketing support, at the micro and macro levels in an integrated and coordinated manner for the overall development of the sector and the benefit of the weavers.
Blessed with abundant biodiversity, moderate climate, rich cultural and historical heritage, Jharkhand is fast becoming a major tourist destination in eastern India. Jharkhand Tourism
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