Haryana tops in per capita investment

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Chandigarh, Sep 19: Haryana has experienced the most striking change in its investment scenario with per capita investment of Rs 78,500 under implementation, thus ranking at number one in the country.

Talking to reporters here, Haryana Chief Minister Bhupinder Singh Hooda said the ranking was based on analysis conducted by the Centre for Monitoring of Indian Economy (CMIE), an independent body.

Mr Hooda said as per the CMIE analysis, Haryana ranked at number 14 10 years ago and it was ranked at number 13 five years ago. ''Now in 2007, Haryana has ranked at number one with per capita investment of Rs 78,500 showing 856 per cent change over 2002-2007.'' According to this analysis, the total investment figure under implementation is Rs 1,86,045 crore, as in June 2007.

The study examined data on projects under implementation in various states in the CMIE Capex date base. It compared data for June 2007 with June 2002 to assess how a state had fared on investment compared to its previous performance. For proper comparison, the states had been ranked according to projects under implementation on per capita basis.
Mr Hooda said he had set a target to invite investment of Rs two lakh crore and targeted employment for 20 lakh people. He said projects involving an investment of Rs 28,000 crore had come on steam within last two years and industrial projects worth Rs 60,000 crore were under implementation. This was in addition to investment in SEZs being set up in the state where more than Rs 2,00,000 crore investment would likely come up, he added.

He said the total exports from Haryana which had increased to Rs 25,000 crore in 2005-06 would likely cross Rs 30,000 crore in 2006-07.

The Chief Minister said this achievement had been made possible due to excellent investors' friendly environment created in the state, new industrial policy, investment in building infrastructure, trained manpower, law and order and high productivity level.

He said his government had succeeded in creating an industrial-friendly environment in the state which resulted in the huge investment.

Parliamentary Affairs Minister Randeep Singh Surjewala earlier mentioned this achievement in the state assembly.


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