Progressive Bihar - Finally the sleeping giant is waking up

Progressive Bihar - Finally the sleeping giant is waking up
Progressive Bihar - Come support it's growth path.

Thursday, March 4, 2010

Bihar Economic Survey - 2009-2010

Some interesting facts have again been highlighted in the 2009-10 Economic Survey of Bihar tabled in the state assembly on the 4th of March 2010.

GDP
  • Bihar's GDP stands at Rs 131873.20 crore at current prices for 2008-09
  • Bihar's GDP stands at Rs 98392.60 crore at 1999 prices for 2008-09
Per Capita Income
  • Bihar's per capita income stands at Rs 13,959 at current prices for 2008-09
  • Bihar's per capita income stands at Rs 10,415 at 1999 prices for 2008-09
GDP grew at 11.35% between 2004-05 and 2008-09 compared to 3.5% in the 5 years before 2004-05

Major Sectors responsible for high growth of GDP in the last 5 years
  • Construction - 35.8%
  • Communication - 17.68%
  • Trade, hotel and restaurants - 17.71%
Roads Construction:
  • Amount spent - Rs. 2489.15 crores in 2008-09 as compared to Rs. 263.23 crores in 2004-05
  • Roads constructed - 2417 KMs during 2008-09 compared to 415 KMs in 2005-06
  • Since 2006, three hundred and seventy five bridges have been constructed at an investment of Rs. 712.33 crores
I think the Bihar government has created good visibility for the work it is doing such that more and more media companies are covering Bihar better than they did before.

Readers can read the above details in the Outlook article Bihar Economy Poised for Steady Growth: Survey

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