THE VISION, ECONOMIC IMPACT, AND COMPARATIVE LANDSCAPE OF CHHATTISGARH INDUSTRIAL DEVELOPMENT POLICY 2024-30

This research paper provides a comprehensive analysis of the Chhattisgarh Industrial Development Policy (IDP) 2024-30, examining its strategic vision, core objectives, and incentive mechanisms designed to accelerate industrial growth and foster inclusive development in the state. The paper evaluates the policy's anticipated economic impact, including projections for investment and employment generation, and assesses its efficacy through a comparative lens, contrasting it with Chhattisgarh's previous industrial policies and those of other mineral-rich Indian states such as Odisha, Jharkhand, and Madhya Pradesh. A detailed SWOT analysis highlights the policy's strengths in leveraging natural resources and promoting emerging sectors, while also identifying potential weaknesses, opportunities for diversification, and external threats. The findings suggest that the IDP 2024-30 represents a significant evolution in Chhattisgarh's industrial strategy, positioning the state for substantial economic transformation, contingent upon effective implementation and adaptive governance.