Economy of Nagaland presents a host of sectors that collectively generate revenue for this northeastern state of India. Agriculture is the mainstay of Nagaland. As much as 70% of the total population of Nagaland is engaged in farming activities. Terrace and jhum cultivation are the two methods by which crops are grown in the state of Nagaland.
Livestock is another key economic factor of Nagaland which includes fishery, animal husbandry, cattle farming, piggery and poultry. There are many industrial units in Nagaland that provide a major boost to the economic development of the state. The medium scale industries of Nagaland that generate huge amount of revenue are located in various parts of the state.
The state of Nagaland boasts of a huge stock of minerals too like that of coal, natural gas, decorative stones, petroleum, marble, nickel, cobalt-chromium bearing magnetite and so on. The banks located in Nagaland are also known to be a major facilitator in the economic progress of the state. The tourism industry of Nagaland is counted as one of the prime contributors of economic enhancement of the place. This is because with its rich natural treasure Nagaland attracts thousands of tourists within its premises round the year.
There is no denying the fact that economy of Nagaland is the symbol of the progressive and rapidly growing phase of the state.
Agriculture in Nagaland is considered a prime source of revenue for the state. Economy of Nagaland gets a major boost through the agricultural activities of the state. Terrace and jhum cultivation are widely practiced by the tribal communities of Nagaland. The crops that have a high yield in the state of Nagaland include rice, tobacco, oilseeds, pulses, fibers, potato and sugarcane. The local people of Nagaland earn their living by growing a number of crops in their fields.
The development industry in Nagaland has provided an impetus to the economic growth of this north eastern state of India. The proliferation of large scale and medium scale industries has helped to raise the standard of living of the local inhabitants of Nagaland.
Livestock in Nagaland is considered to be a major sector which contributes significantly towards the rapid economic growth of this state. Animal husbandry is a prime occupation of the local people of Nagaland. Poultry, fishery, piggery, dairy and cattle farming are the areas which are taken care of under the animal husbandry department of Nagaland.
minerals in Nagaland has led to the sudden proliferation of industrial establishments within the north eastern state of India. Nagaland has large stock of mineral resources of coal, nickel, cobalt, magnetite, marble, petroleum, stones, natural gas and limestone.
Water Supply in Nagaland plays a pivotal role in encouraging its economic state by providing regularized services to every part of the place. The Department of Public Health & Engineering is one of the prime functionaries which is working steadily to improve the water supply scenario in the state.
Last Updated on 01/16/2013
