Pillar: Economic Participation
West Singhbhum's credit-deposit ratio stands at 17.6, behind the typical district. 76.5% of credit goes toward productive, non-personal use, better than the typical district. Bank-led credit in the district is the channel that turns local deposits into loans for business.
86% of registered enterprises are in services while 14% are in manufacturing. Only 3% of employment is in small and medium enterprises. Only 50% of school-age children are enrolled in higher secondary school (classes 9–12).
In West Singhbhum, which ranks 22 of 24 in Jharkhand for youth opportunity, the overall opportunity score is 42.6 out of 100. It trails the national picture on bank branches per lakh people at 7.5.
Mandated services and how to locate the Bank-Led Credit for Enterprise in West Singhbhum are in the West Singhbhum district course and the English reference guide (Hindi). See the West Singhbhum youth opportunity scorecard for the full district picture.