Chhattisgarh is one of the fastest-developing states in India. Its Gross State Domestic Product (GSDP) is ₹5.09 lakh crore (US$64 billion) (2023–24 est.), with a per capita GSDP of ₹152,348. A resource-rich state, it has the third largest coal reserves in the country and provides electricity, coal, and steel to the rest of the nation. It also has the third largest forest cover in the country after Madhya Pradesh and Arunachal Pradesh with over 40% of the state covered by forests.