Himachal Pradesh: CM Sukhu presented the Economic Survey in the Assembly

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu presented the State Economic Survey 2022–23 in the Legislative Assembly on Thursday. The document was prepared by the Economic and Statistics Department, Government of Himachal Pradesh. The economic survey revealed that the state’s real GDP, or GDP at constant prices, will grow by over Rs 18,143 crore during the current financial year 2022-23 as compared to the previous FY2021-22.

According to the first advance estimates of state income, this translates into growth in real GDP during Financial Year 2022–23 of 6.4 percent as compared to 7.6 percent in Financial Year 2021–22, the Himachal Pradesh government said in a statement. “The state’s real gross domestic product (GDP), or GDP at constant prices (2011–12), in the financial year 2022–23 is estimated to attain a level of Rs 1,34,576 crore, as against the provisional estimate of GDP for the financial year 2021–22 of Rs 1,26,433 crore,” the statement said.

“Nominal GDP or GDP at Current Prices in Financial Year 2022–23 is estimated to attain a level of Rs 1,95,404 crore as against the provisional estimate of GDP for Financial Year 2021–22 of Rs 1,76,269 crore, showing an absolute increase of Rs 19,135 crore. The growth in nominal GDP during Financial Year 2022–23 is estimated at 10.9 percent as compared to 13.5 percent in Financial Year 2021–22,” it said further.

As per the statement, the government of Hill State has outperformed in various sectors ranging from tourism to social services. “After the COVID-19 pandemic, domestic tourist arrivals [in Himachal Pradesh] have increased from 32.13 lakh in 2020 to 56.37 lakh in 2021 and further to 150.99 lakh in 2022 in absolute terms. It shows that tourist arrivals are reaching pre-pandemic levels,” the statement said.

“In the power sector, out of the total hydroelectric potential generated by five perennial river basins (27, 436), a total of 10,519 MW has been harnessed so far, of which 7.6 percent is under the control of the Himachal Pradesh government while the rest is exploited by the central government,” the government said further.

Besides it, the government said that the Health and Family Welfare Department in the State is providing curative, preventive, and rehabilitative services through a network of 108 civil hospitals, 104 community health centers, 580 primary health centers, and 16 civil dispensaries.

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