Jharkhand budget and economy
Jharkhand holds a large share of India's minerals, including coal, iron ore, copper, bauxite and uranium, and mining is central to its economy. Most rural families farm rice and other crops, and lac and tussar silk are traditional sources of income.
Key figures
| GSDP, 2026-27 (budget projection, current prices) | Rs 6.25 lakh crore (10% more than 2025-26) |
|---|---|
| Real growth, 2024-25 (constant prices) | 7 per cent |
| Share of the economy, 2024-25 | agriculture 23%, industry 32%, services 45% |
| Per capita GSDP, 2024-25 (current prices) | Rs 1,28,253 |
GSDP (gross state domestic product) is the value of all goods and services produced in the state in a year. Real growth leaves out the effect of rising prices.
Sources
Figures: the Jharkhand budget for 2026-27 and MoSPI estimates, as summarised by PRS Legislative Research (linked below).
Reference links
- PRS Legislative Research: Jharkhand Budget Analysis 2026-27: summary of the state budget
- Ministry of Statistics and Programme Implementation: official GDP and state GSDP estimates
- Reserve Bank of India: Handbook of Statistics on Indian States: official state-wise economic data