The Assam economy and development depend on the production of the state. The economy is prevalently agrarian in nature. The government makes continuous efforts to develop the already existing agrarian economy and to improve the other sectors of the economy in the state of Assam.

Almost 63 percent of the society of Assam earns its living from the agricultural sector. The state is reputed all over the world for its production of tea. The state produces 15 percent of the tea produced in the world. A large section of the labor force of the state is employed in the tea estates of Assam that cover large areas of the state. The other agricultural produce involves rice, sugarcane, pulses, potatoes and jute. Fruits like mangoes, bananas, pineapple and guavas are also produced in the state.

The secondary sector of the economy comprises of the industries in Assam with large and medium scale productions. Agro based industries prevail in the state coupled with the tea industry that has a major contribution to the economy of the state of Assam. Other industries include the petroleum industry with one of the oldest oil ventures of the world situated in Digboy. The state also earns revenue from the mining industry that produces the four important industrial minerals of coal, limestone, sillimanite and oil.

Some of the other industries of the state are mentioned below:

Fisheries
Sericulture
Forest and wood industry
Chemicals and fertilizers industry.
Handloom and textile industry

The Assam economy and development is dependent on the government policies, which are formulated to lend support and facilitate growth in the agricultural and industrial sector.

Last Updated on 10 January 2011

Assam Economy and Development