Economy

Economy of Himachal Pradesh

Though Uttaranchal has good natural resources but it is powerless to utilize because it’s economic condition is on unstable ground. The Tarai region of the state alone could possibly produce enough food for the whole state, but large-scale farming has not become large enough. With few resources and a rough terrain, hydroelectric energy, and tourism are the only advantageous industries in the state. This state enhances economic condition through tourism which is the main earning. The government is working incessantly to improve infrastructure and make tourism even more viable.

The people of Uttaranchal struggled for a decade to fulfill their dream of self-governance. Rainforests and alpine forests cover a great portion of the state's Himalayan region. These regions are home to exotic and endangered species. Plant life, animal life, and an enjoyable climate, are at the heart of Uttaranchal tourism. It is estimated that about 75% of the state lives on subsistence agriculture, and 70% of the state population is below the poverty line.