With its assets of forests, rivers and minerals, Chhattisgarh has immense potential for development, President Ram Nath Kovind said here on Sunday.In his address at the Chhattisgarh Rajyotsava, he said that the development of Chhattisgarh can be an example of development for the rest of the country.The President congratulated people of Chhattisgarh on the 17th anniversary of the formation of the state and said that the state's biggest assets are its honest and friendly people.Kovind said that Chhattisgarh has done many things in the field of public welfare and development that have been praised throughout the country, and from which other states have learnt a lot. Chhattisgarh is the first state in the country to enact 'Food and Nutrition Security Act', he said.The President said that under the leadership of Chief Minister Raman Singh, commendable work has been done for Scheduled Tribes, Scheduled Castes, the underprivileged, farmers, women, youth and other sections of society. Earlier in the day, the President paid tributes at the Shahidi Smarak Sthal here. He is scheduled to visit the Guru Ghasidas Jaitkham and attend the bhoomi pujan for a Saamudayik Bhavan at Girodhpuri on Monday.