Economy of JagatsinghpurJagatsinghpur is known for its rich cultural heritage but this district has a relatively low demographic profile as compared to other places in the state. It was formed after the division of Cuttack which was subdivided into 8 tehsils that included Tirtol, Kujang, Balikuda, Naugaon, Biridi, Ersamaand Raghunathpur. The district is yet in its development stages and even though a majority of the population belongs to the agricultural sector, infrastructure wise they seem to be developed in regards to drinking water, Electricity, Education and Health facilities.
As stated earlier, the livelihood and economy of this district are mainly agricultural based and irrigation is a very important factor in the development of this sector. There are rivers, canals, ponds, tanks and ground water sources that serve as the major components in the development of agriculture.
Agrarian Economy in JagatsinghpurA large portion of this district belongs to the rural sector with agriculture being the basic source of livelihood and income generation for the people living here. Most of the agricultural activities include cultivation of food crops, oil seeds, horticultural crops, animal husbandry, dairy, fisheries etc. Betel vine, cashew, coconut, kewra and rice are a few of the main crops that are grown for the local economy.
The agricultural sector has a major chance to grow and developed as they have the necessary facilities. They have a huge amount of surface water acquired through rivers and canals as well as abundant ground water for cultivation of variety of agricultural and horticultural products, which in turn adds to their advantage. Every year the district sees a growth in agriculture by 5%. You can be sure to see an increase in growth within the coming years as there will be better management of agricultural and other natural resources such as land, water, human resources etc.
Agro-based Industries in JagatsinghpurAlong with agriculture, animal husbandry and dairy development are other important economic sectors in Jagatsinghpur. Livestock also helps farmers generate income along with agriculture. With the help of technology there are future plans of cross breeding which will be beneficial and will also gain momentum in dairying towards achieving more dairy products. Another important sector in this region that helps in the growth of the economy in Jagatsinghpur is Pisciculture. This sector generates employment for the locals and also is a way of supplementation of food. The reason for the growth and popularity of this sector is due to the number of water bodies including ponds, tanks, rivers, seashores which creates a strong base for fishery in the district.
Industries in JagatsinghpurJagatsinghpur is gifted with plenty of natural resources that are important for several small scales, traditional artisan’s activities which are important for many marginalized families. The famous Paradeep port adds to the potential growth for all the industries present here. The district is now focusing on creating a business infrastructure in hopes to increase investments in these small scale and cottage industries in rural and urban areas for the livelihoods. They have currently started various programs to promote these small scale industries, handicraft, hand-loom and other cottage industries in the district.
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