Pillar: Economic Participation
Latehar's credit-deposit ratio stands at 52.9, behind the typical district. 64.2% of credit goes toward productive, non-personal use, close to the typical district. Bank-led credit in the district is the channel that turns local deposits into loans for business.
80% of registered enterprises are in services while 20% are in manufacturing. Only 2% of employment is in small and medium enterprises. Only 55% of school-age children are enrolled in higher secondary school (classes 9–12).
In Latehar, which ranks 13 of 24 in Jharkhand for youth opportunity, the overall opportunity score is 45.1 out of 100. It trails the national picture on bank branches per lakh people at 7.
Mandated services and how to locate the Bank-Led Credit for Enterprise in Latehar are in the Latehar district course and the English reference guide (Hindi). See the Latehar youth opportunity scorecard for the full district picture.