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Economy of West Bengal
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Economy of West Bengal
The economy of West Bengal is a mixed middle-income developing social market economy and the largest Eastern Indian economy with a substantial public sector. It is India's sixth-largest economy by nominal GDP and contributes to about 6.15% of India's total GDP.
West Bengal is the primary business and financial hub of Eastern India. The state is primarily dependent on agriculture and medium-sized industry. West Bengal has jute and tea industry. West Bengal is rich in minerals like coal, limestone, iron ore, copper, lead and zinc.
Since the independence of India, The Green Revolution bypassed the state. However, there has been a significant spurt in food production since the 1980s.
Agriculture accounts for the largest share of the labour force. It contributed around 17.13% to the gross state domestic product (GSDP) in 2024–25. A plurality of the state's population are peasant farmers.
Rice and potato are considered to be the principal food crops. The state is the largest source of the important food crop of rice, a staple diet across India, with an annual output of around 16.76 million tonnes (about 13% of total production in India) in FY 2021–22, and the second-largest producer of potatoes in India with an average annual output of 12 million tonnes (about 20% of total production in India) in FY 21–22. West Bengal is also the second-largest fish producing state in India after Andhra Pradesh with an annual production of 20.45 lakh tonnes.
Apart from these, jute, sugarcane and wheat are the top crops of the state. Other major food crops include maize, pulses, oil seeds, wheat, barley, and vegetables. Tea is another important cash crop. Darjeeling is globally recognised for tea plantation of the acclaimed Darjeeling tea variety.
Below is a table of 2019 national output share of select agricultural crops and allied segments in West Bengal based on 2011 prices.
It is also the second largest tea-producing state in India, producing 414.08 million kg of tea in 2022–23, accounting for 30.3% of the country's total tea production. In 2022–23, West Bengal produced approximately 1.48 million tonnes of sugarcane and 3.86 million tonnes of fruits. The state is the largest vegetables producing state in India with 26354.61 thousand MT of production in 2020.
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Economy of West Bengal
The economy of West Bengal is a mixed middle-income developing social market economy and the largest Eastern Indian economy with a substantial public sector. It is India's sixth-largest economy by nominal GDP and contributes to about 6.15% of India's total GDP.
West Bengal is the primary business and financial hub of Eastern India. The state is primarily dependent on agriculture and medium-sized industry. West Bengal has jute and tea industry. West Bengal is rich in minerals like coal, limestone, iron ore, copper, lead and zinc.
Since the independence of India, The Green Revolution bypassed the state. However, there has been a significant spurt in food production since the 1980s.
Agriculture accounts for the largest share of the labour force. It contributed around 17.13% to the gross state domestic product (GSDP) in 2024–25. A plurality of the state's population are peasant farmers.
Rice and potato are considered to be the principal food crops. The state is the largest source of the important food crop of rice, a staple diet across India, with an annual output of around 16.76 million tonnes (about 13% of total production in India) in FY 2021–22, and the second-largest producer of potatoes in India with an average annual output of 12 million tonnes (about 20% of total production in India) in FY 21–22. West Bengal is also the second-largest fish producing state in India after Andhra Pradesh with an annual production of 20.45 lakh tonnes.
Apart from these, jute, sugarcane and wheat are the top crops of the state. Other major food crops include maize, pulses, oil seeds, wheat, barley, and vegetables. Tea is another important cash crop. Darjeeling is globally recognised for tea plantation of the acclaimed Darjeeling tea variety.
Below is a table of 2019 national output share of select agricultural crops and allied segments in West Bengal based on 2011 prices.
It is also the second largest tea-producing state in India, producing 414.08 million kg of tea in 2022–23, accounting for 30.3% of the country's total tea production. In 2022–23, West Bengal produced approximately 1.48 million tonnes of sugarcane and 3.86 million tonnes of fruits. The state is the largest vegetables producing state in India with 26354.61 thousand MT of production in 2020.
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