Table Page Title No. Page Appendix Title No. The growth momentum of the Bihars economy, experienced in the recent decade, was continued in the last year also.
The Central Statistical Organisation has just released a new series of GSDP, with as the base year for estimation of both national and state incomes. The new GSDP estimates also utlises some fresh data sources. The Per Capita Income in Bihar was about 35 percent of the national average incompared to about 33 percent a decade ago. The sectoral growth rates indicate that the following sectors, each recording growth rates of more than 10 percent, are probably drivers of growth of Bihar economy manufacturing Inthe share of the primary sector in total GSDP happened to be In the changed shares are primary This reveals that, over the four year period, the share of primary sector has fallen by 7 percentage points.
During the same period, the contribution of tertiary sector has jumped by 6 percentage points and touched a high of around 60 percent. There exists substantial disparity in per capita income across the district of Bihar. In 12, Patna, Munger and Begusarai turn out to be the most prosperous districts of the state. The poorest districts according to the data are Madhepura, Supaul and Sheohar.
If one leaves out Patna the capital of the statethe per capita income of Munger is more than 3 times that of Sheohar, the poorest district. The rise in prices in September over September for rural Bihar have been comparatively slower than that for India as a whole.
Compared to a inflation rate of 4.
In case of inflation rate for urban areas, it has again been lower at Bihar 1. Since the inflation rate has been lower in Bihar for both rural and urban areas, the overall rate is also lower in Bihar 2. The revenue surplus of Bihar has increased from Rs crore in to Rs 12, crore inthe highest so far, exceeding the budgetary expectations of Rs 14, crore.
This has allowed the state government to increase its capital spending by more than Rs crore during the year. This has also allowed the state government to limit its Gross Fiscal Deficit to only 2. If one uses the old estimate of GSDP seriesthen the ratio is even lower at 2. Inthe outstanding debt was Rs. The ratio of interest payment to revenue receipts was at 9.
Thus, both conditions having been satisfied in addition to Bihar being a revenue surplus state for years together, the state government is eligible for an additional half percent fiscal deficit over and above its FRBMA target of 3 percent during the current fiscal.
The budget estimates in fact indicates the fiscal deficit as 3.
Pin code of Mirapur B.O, Muraul, Muzaffarpur, Bihar is 843121
This clearly indicates that the debt problem is well under the control of the state government. The revenue receipts of the state increased by Rs 17, crore, of which Rs 16, crore 94 percent came from increases in tax revenues alone.
The central grants increased by only Rs crore and non-tax revenues by Rs crore. During the five-year period from tothe own tax revenue of the state government grew from Rs 12, crore to Rs 25, crore, implying a high annual growth rate of 19 percent. The transfers to the state government from the divisible pool of central taxes grew annually at 15 percent, while central grants recorded an annual growth rate of 19 percent. The revenue expenditure in increased by Rs 11, crore over that inof which social services accounted for Rs crore 38 percenteconomic services for Rs crore 48 percentand the general services for Rs.
The state governments concern for social development is amply reflected in the increased allocation for this sector from Rs. Of the total capital outlay of Rs 23, crore inas much as Rs 17, crore 73 percent was spent on economic services, Rs crore 11 percent on social services and rest of Rs crore 15 percent on general services. The total development expenditure of the state government including capital outlay, stood at Rs 78, crore inabout 70 percent of the total expenditure, compared to 68 percent in The state government is committed to maintain a high growth rate in development expenditure, both in revenue and capital account.Order Now.
This story is from August 14, Sources said the decision to impose Section was taken as tension prevailed in Damodarpur and its adjoining areas for the second consecutive day on Tuesday. Security arrangements have also been beefed up in these areas to foil any untoward incident.
Though the situation is tense, it is under control. He added that prohibitory orders will remain in effect till 6 am on August Earlier, nearly 15 persons, including policemen, were injured in a violent clash at Damodarpur village on Monday over playing of DJ music on loud sound. Meanwhile, some people from one group in the incident tried to create ruckus at Bairia roundabout of Ahiapur police station on Tuesday morning.
They disrupted vehicular traffic on Muzaffarpur-Hajipur, Muzaffarpur-Motihari and Muzaffarpur-Darbhanga sections putting road blockade on NH, 57 and They were demanding immediate actions against people from another group, who allegedly pelted stones on kanwariyas set their vehicles ablaze after ransacking them. Muzaffarpur SSP Manoj Kumar said armed security forces have been deployed at 12 sensitive places with magistrates. The SSP added that another FIR has been lodged against seven persons with the Town police station for circulating hate statements and derogatory pictures on social media accounts after the incident.
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S Nagar S. Kothapalle A. Meenakshipuram A. Pallipatti A. Valasa A. Gokulapadu A. Mottur A. Konduru A. Vellalapatti A. North Solaur. Adgaon Kh. Ambele Bk. Kothakota B. Babhulgaon Jh Babhulgaon Kh. Bambhori Pr. Jadid Barhapura M. Boluvampatti R. Charingia Chariv Charmajoli Charoli Kh. Chinchani CT Chinchapur Bk.Our holirdc rppmch of 'Growth widr Justice' has rcduced social incqudity ard potritiraely impqcted the marginalizcd scctions oflhe society.
The state government has been publishing the annual Economic Survey since and this is the tenth Report. Bascd on data, the survey attempts to presnt an autlentic account of the.
Bihar's economy. From the data, one can decipher not just developments in the last year, but the overall and in impo ant economic indicators. I sincerely hope rhar policy maken, academicians, development expens and professionals in different fields.
Bihar Economy : An Overview 1. State Finances 2. Agriculture and Allied Sectors 3. Enterprises Sector 4. Infrastructure 5. Energy Sector 6. Rural Development 7. Banking and Allied Sectors 9.
Human Development Summarised Results of Public Sector as per their latest accounts as on 31st March iv. Value of output and Net value added of selected agro and non-agro based industries Bihar and India. Table A The growth performance of the Bihar economy has been steady in the recent decade.
During tothe GSDP at constant prices grew annually at In the immediate past to the growth rate of GSDP was slightly lower at 9. This slower growth during the recent past is a reflection of the slowing down of the overall national economy.
But, even now the growth of the Bihar economy is faster than that of the national economy. Presently, Bihar is one of the fastest growing states in India. During the period tothe sectors which recorded more than 15 percent growth rate are Registered Manufacturing The growth rate of Agriculture and Animal Husbandry sector, the main sources of livelihood of nearly 90 percent of states population, has been 6.
In spite of a high growth phase, Bihar even now ranks at the lowest rung of the per capita income table. Inthe per capita income of Bihar was So, the momentum of growth has got to be sustained for many more years if the gap between the per capita income of Bihar and India is to be wiped out. During the triennium of tothe shares of three major sectors in GSDP were About a decade later, during the triennium of tothe share of primary sector has come down to Simultaneously, the share of secondary sector rose to Within the major sectors, the shares of some sub-sectors have shown substantial change over the period.
Baghnagari Bihar Muzaffarpur B. Bajitpur Bihar Muzaffarpur B. Bakhari Bihar Muzaffarpur B. Barna Bihar Muzaffarpur B. Basudeo Bihar Muzaffarpur B. Factory Bihar Muzaffarpur B. Firoj Bihar Muzaffarpur B. Kalyan Bihar Muzaffarpur B. Karman Bihar Muzaffarpur B.
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Kesho Bihar Muzaffarpur B. Muza Bihar Muzaffarpur B. Nijamat Bihar Muzaffarpur B. Pandey Bihar Muzaffarpur B. Rudal Bihar Muzaffarpur B. Dharampur Bihar Muzaffarpur G. Khanpur Bihar Muzaffarpur H. Babhangaon Bihar Muzaffarpur K. Bithraul Bihar Muzaffarpur K. Madhuban Bihar Muzaffarpur K. Mohan Bihar Muzaffarpur K.
Badal Bihar Muzaffarpur M. Balmi Bihar Muzaffarpur M. Farakpur Bihar Muzaffarpur M.Stay at HOME. Login Register. Pilkhi Gay Patti. Pilkhi Gay Patti Map. Enter Serpanch Name : Update. Share complete info about Pilkhi Gay Patti Let world discover this place. Address : nigo purmoraulmuzaffarpurBihar. PIN-Post - D. Address : bhatauliamoraulmuzaffarpurBihar.
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