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.

Wednesday, February 22, 2012

Bihar Economic Survey 2011-12

Bihar's economy continued to exhibit a high growth rate in 2010-11 and grew at a rate of 14.8% during 2010-11. Thus Bihar's economy has grown at an annual rate of 11.36% between 2004-05 and 2010-11. As with previous years, the economy has grown primarily due high public investment.

Some of the salient highlights from the Economic Survey 2011-12 are as follows

  1. Per Capita Income 
    1. Bihar's Per Capita Income in 2009-10 was Rs. 16,119 as compared to Rs. 10,055 in 2006-07. 
    2. However it is much below the country average of Rs. 46,492 and continues to be at the bottom of the rankings of states with respect to Per Capita Income.
    3. In 2006-07 Bihar's Per Capita Income was 32.2% of the all India average (Rs. 31,198) whereas today it has slightly increased to 34.7%
  2. Growth Sectors - During the period 2004-05 to 2010-11, the sectors that reported a growth rate of more than 15 percent are 
    1. Registered manufacturing - 23.30 %
    2. Construction - 19.61 %
    3. Communications - 27.23 %
    4. Trade, hotels and restaurant - 20.22 %
  3. Population Density - The minimum population density of Bihar is 1102 persons living per sq. km.
  4. 90% of the people in Bihar live in Villages.
In my opinion, the continued stride of growth and high economic growth is good and has to be sustained for Bihar and Biharis in general to prosper. The Economic Survey report can be found at "Bihar Economic Surveys"

1 comment:

  1. That is all because of Nitish Kumar & all good politician & people who like to grow. that all done because its JDU + BJP........ all people see growth gate of NDA state. i must give Extent to Nitish Kumar & NDA. Because i am from Chhapra. i just requested to JDU person that please don't go with cong in future, because in past cong with Lalu & you know the result.

    ReplyDelete

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