Economic Overview of Madhya Pradesh :

Madhya Pradesh is an agrarian state. The primary sector accounts for 42.89 per cent of the state’s GVA, as of 2017-18. It is among the fastest growing states in India.

The state is rich in natural resources, fuels, minerals, agriculture and biodiversity. Upcoming theme based SEZs near Jabalpur, industry parks in Indore and food parks at multiple locations aim to promote sectoral growth. The state is rich in minerals and has the highest stone, diamond and copper reserves in India, notwithstanding noteworthy reserves of coal, coal-bed methane, manganese and dolomite. Further, the state is home to over 280 pharmaceutical units operating in the industrial areas of Dewas, Indore, Pithampur, Mandideep and Malanpur.

In 2019, GDP for Madhya Pradesh was 809,327 indian rupees. Over the last 20 years, GDP of Madhya Pradesh grew substantially from 80,132 to 809,327 indian rupees rising at an increasing annual rate that reached a maximum of 22.17% in 2009 and then decreased to 11.13% in 2019.

Madhya Pradesh is also famous for honey production in district Morena.The state has an agrarian economy.The major crops of Madhya Pradesh are wheat, soybean, gram, sugarcane, rice, maize, cotton, rapeseed, mustard and arhar. Minor Forest Produce (MFP), such as tendu leaves used to roll beedi, sal seed, teak seed, and lak also contribute to state's rural economy.

Madhya Pradesh has 5 Special Economic Zones (SEZs): 3 IT/ITeS (Indore, Gwalior), 1 mineral-based (Jabalpur) and 1 agro-based (Jabalpur). In October 2011, approval was given to 14 proposed SEZs, out of which 10 were IT/ITeS-based. Indore is the major commercial centre of the state. Because of the state's central location, a number of consumer goods companies have established manufacturing bases in MP.

The state has the largest reserves of diamond and copper in India. Other major mineral reserves include those of coal, coalbed methane, manganese and dolomite. Madhya Pradesh has six Ordnance Factories, four of which are located at Jabalpur (Vehicle Factory, Grey Iron Foundry, Gun Carriage Factory, Ordnance Factory Khamaria) and one each at Katni and Itarsi. The factories are run by the Ordnance Factories Board, and manufacture a variety of products for the Indian Armed Forces. Madhya Pradesh won the 10th National Award for excellent work in Mahatma Gandhi National Rural Employment Guarantee Act, 2005.

The state's tourism industry is growing, fuelled by wildlife tourism and a number of places of historical and religious significance. Sanchi and Khajuraho are frequented by external tourists. Besides the major cities, Bhedaghat, Bhimbetka, Bhojpur, Maheshwar, Mandu, Orchha, Pachmarhi, Kanha, Jabalpur and Ujjain, Tumen Vindhyavasini temple ancient temple. This south facing Ashok Nagar district located in Tuman (Tumvn).

Infrastructure :

Energy :The state has a total installed power generation capacity of 23982.25 MW as of 30 September 2019. The Madhya Pradesh Electric Board is located at Jabalpur. The Singrauli region on the eastern end of Madhya Pradesh is a major energy producer enclave for the country. The region has vast reserves of coal mines which is excavated by Northern Coalfields Limited, a subsidiary of Coal India Limited, which is inturn used in local power plants of NTPC, Sasan Power and Hindalco. The area has more than 5700 MW installed capacity for energy production

Transport : Bus and train services cover most of Madhya Pradesh. The 99,043-kilometre-long (61,542 mi) road network of the state includes 20 national highways. A 4,948-kilometre-long (3,075 mi) rail network criss-crosses the state, with Jabalpur serving as headquarters for the West Central Railway Zone of the Indian Railways. The Central Railway and the Western Railway also cover parts of the state. Most of the western Madhya Pradesh comes under Ratlam Rail Division of Western Railways, including cities like Indore, Ujjain, Mandsaur, Khandwa, Neemuch and Bairagarh in Bhopal. The state has a total of 20 major railway junctions. The major inter-state bus terminals are located in Bhopal, Indore, Gwalior and Jabalpur. More than 2,000 buses are conducted daily from these four cities. The intra-city transit systems mostly consist of buses, private autos and taxis.

The state does not have a coastline. Most of the sea trade happens through the Kandla and Jawaharlal Nehru Port (Nhava Sheva) in the neighbouring states, which are well-connected to MP by road and rail networks.

Devi Ahilyabai Holkar Airport in Indore is the busiest airport in Madhya Pradesh. Raja Bhoj International Airport in Bhopal, Dumna Airport in Jabalpur, Gwalior Airport and Khajuraho Airport also have scheduled commercial passenger services. Besides these, minor airstrips are located at Chhindwara, Sagar, Ratlam, Mandsaur, Ujjain, Khandwa, Rewa, Guna and Satna.

Other : The state has 52 districts hospitals, 333 community health centres, 1,155 primary health centres and 8,860 sub-centres.The urban infrastructure has improved considerably in the past decade. 22 projects costing above $500 million have been sanctioned under the Jawaharlal Nehru National Urban Renewal Mission for the development of Bhopal, Indore, Jabalpur and Ujjain.

Seven Cities of Madhya Pradesh Bhopal, Indore, Gwalior, Jabalpur, Satna, Ujjain, and Sagar have been selected under Smart cities mission