The State Economy
The topography of Rajasthan is dominated by the Aravali range of hills.
Some parts of the state, especially the west and the north-west of Aravali hills is either desert or semi-desert. Human settlement in this part of the state is the scattered. Agriculture is the primary and the largest contributor to the economy of the state. Agriculture is the most source of the State Domestic Product and employment in the rural areas.
However, in the recent years, the service sector is contributing largely to the state economy. IT and ITeS, BPO are among the major sectors contributing to the state economy. The Gross State Domestic product is 33.32 as of 2006-07. There is an impressive growth of 15.2% of growth rate.
Rajasthan's GSDP (USD billion)
| 2002-03 |
18.92 |
| 2003-04 |
24.79 |
| 2004-05 |
25.09 |
| 2005-06 |
27.60 |
| 2006-07 |
33.32 |
CAGR 15.2%
The primary sector has risen its share to 28.7 per cent in 2006-07 compared to 22.8 per cent in 2002-03. Agriculture alone contributes to the 80 per cent of the share in primary sector.
Sectoral Contribution
| Primary |
28.7% |
| Secondary |
29.1% |
| Tertiary |
42.2% |
The share of the secondary sector in the GSDP is marginally above 29, more or less same as that for the duration 2005-06. this sector grew at a CAGR of 12.7 per cent between 2002-03 and 2006-07. The primary contributor in this sector is construction, which has a 50 per cent share. Construction alone grew with a CAGR of 23 per cent.
The tertiary sector accounted for the highest share in the GSDP. Tertiary sector contributed about 42.2 per cent in 2006-2007. Major industries, such as trade, hotels and restaurants and real estate grew at a CAGR of 9 per cent in this sector.
