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, September 12, 2012

Some high level financial statistics for BIhar.

  1. Plan expenditure leapfrogged from Rs. 4000 crore in 2004-05 to Rs. 24,000 crore in 2011-12
  2. Average annual GSDP (Gross State Domestice Product) grew from 4.42% between 1999-2000 and 2004-05 to 11.36% between 2004-05 and 2010-11.
  3. Bihar's GSDP is now larger than that of Punjab
  4. Bihar's per capita income is one-third or the national average and one-seventh of New Delhi
As per some report I had seen though, If Bihar was a country on its own, then the per capita income of Bihar would have been the 3rd lowest in the world... Something still very worrisome and needing to be fixed surely and quickly.

Monday, September 10, 2012

40% reduction in worker's migration from Bihar

This is one piece of great news that I read in the Times of India today. As per the labor resources department minister Janardan Singh Sigriwal, the migration of unskilled workers from from Bihar to other states has fallen by around 35-40% compared to what it was in 2005.

Two years back this percentage was 30%. Hence there is definitely more for the unskilled people to do in Bihar than it was even two years back confirming the fact that the opportunities in Bihar are increasing at least in the unskilled worker's category. These are the people who have lately been the bone of contention in many places like Maharashtra and Punjab. Punjab's bicycle industry is already bearing the brunt of the shortage of workers who are preferring to stay back in Bihar. Even incentive like free mobile phones, bicycles and increase in salaries from Rs. 3,500 to Rs. 6,000 is not motivating these workers to go to Punjab. As a result around 5000 bicycle units in Punjab are facing a 50% shortage of workers. Soon industries in other states would also start suffering when they face such shortage too as the number of migrant Bihari workers reduce.

Well done Nitish and the whole team.. Well done Bihar.

More details can be found in the Times of India article "40% drop in workers' migration"

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