gross state domestic product 2013 global economic slowdown 2013

gross state domestic product 2013

Bihar records 11.95% growth, highest among states

Despite global economic slowdown and sagging domestic demand, Bihar has managed to record 11.95% annual growth rate, the highest among all the states, during the 11th Plan period.

According to the Economic Survey 2012-13 tabled by deputy CM and finance minister Sushil Kumar Modi in the state legislature, Bihar almost remained untouched by the overall global slowdown but for some side effects in 2012-13.

But the state's per capita income of Rs 25,653 at current prices is still far behind the national average of Rs 60,972 in 2011-12.

The gross state domestic product (GSDP) at 2004-05 prices is Rs
1.52 lakh crore which is estimated to rise to Rs 2.53 lakh crore at current prices in 2011-12.

The problem of low income in Bihar is accentuated by considerable disparity across the districts in terms of their per capita income.

In 2009-10, Patna, with per capita income of Rs 55,539, Munger with Rs18,669 and Bhagalpur with Rs14,396 have been the most prosperous districts whereas Sheohar has Rs 5,552, Madhepura (Rs 7.161) and Supaul (Rs 7,213) remained at the bottom.


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