Economy

🌾 Economy of Balaghat

Rich in minerals, moving towards development

🔷 Mineral Wealth

• Approximately 80% of India’s manganese production comes from Balaghat district, making it a significant player on the national mineral map.

• The copper deposit at Malanjkhand is considered the largest in the country.

• Other major minerals found in the district include bauxite, kyanite, marble, dolomite, limestone, and clay.

🏭 Industry and Employment

• Projects like the Malanjkhand Copper Project (MCP) contribute to the industrial identity of the district.

• Apart from mining, agro-based small industries, woodcraft, and handicrafts also play a role in the local economy.

🏞️ Challenges to Development

• In 2006, the Ministry of Panchayati Raj listed Balaghat among the 250 most backward districts of India.

• It is one of the 24 districts in Madhya Pradesh currently receiving special financial aid under the Backward Regions Grant Fund Programme (BRGF).

🌱 Efforts Towards Balanced Growth

• Continuous government investment is being made in infrastructure, education, healthcare, and employment.

• Balanced use of mineral and agricultural resources is being promoted to ensure sustainable and inclusive development.