Everyone who has been following Bihar and its growth would know that Bihar's GSDP (Gross State Domestic Product) growth as of last year stood above 11% for the first 3 years of the 11th five year plan (2007-12). This made a lot of news and prompted many debates in and around March last year.
Booming Bihar: Fact or Fiction? - Article by R. Nagaraj (Mar 2010)
Bihar - A Growth Story - TOI - Mumbai Edition (Jan 2010)
People were skeptical whether the growth story will continue and it has, atleast this year. The GSDP for Bihar for the 1st 4 years of the 11th five year plan stands at 11.44% against the plan target of 7.6%. This is good and I believe that a similar sustained growth over the next 5 years will ensure that the growth pattern in Bihar will have its own trajectory and that the state's situation cannot be turned back to the 1990's and early 2000's era.
Besides Bihar, Maharashtra, Chattisgarh, UP and Punjab also exceeded their set targets.
More details can be found in the MoneyControl article Only 5 states exceed 11th Plan growth targets: Govt
Booming Bihar: Fact or Fiction? - Article by R. Nagaraj (Mar 2010)
Bihar - A Growth Story - TOI - Mumbai Edition (Jan 2010)
People were skeptical whether the growth story will continue and it has, atleast this year. The GSDP for Bihar for the 1st 4 years of the 11th five year plan stands at 11.44% against the plan target of 7.6%. This is good and I believe that a similar sustained growth over the next 5 years will ensure that the growth pattern in Bihar will have its own trajectory and that the state's situation cannot be turned back to the 1990's and early 2000's era.
Besides Bihar, Maharashtra, Chattisgarh, UP and Punjab also exceeded their set targets.
| State |
Target (%)
|
Achieved (%)
|
| Bihar | 7.6 | 11.44 |
| Chattisgarh | 8.6 | 9.71 |
| Maharashtra | 9.1 | 9.42 |
| Punjab | 5.9 | 7.5 |
| Uttar Pradesh | 6.1 | 7.28 |
More details can be found in the MoneyControl article Only 5 states exceed 11th Plan growth targets: Govt
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