Bihar Economic Survey 2019

Bihar Economic Survey 2019 (आर्थिक सर्वेक्षण):
The economy of Bihar is presently on a continuous growth path, a result of sound development strategies of the state government, particularly the high levels of its development expenditure. According to the new series of data on Gross State Domestic Product (GSDP), the growth rate of Bihar’s economy in 2017-18 was 11.3 percent, increasing from 9.9 percent a year before. During both these years, the growth rate of the national economy has been about 7 percent.
The GSDP of Bihar in 2017-18 was Rs. 4,87,628 crore at current prices. At constant (2011-12) prices, the figure stood at Rs. 3,61,504 crore. The resulting Per Capita GSDP in 2017- 18 are — Rs. 42,242 (current prices) and Rs. 31,316 (constant prices).
In 2016-17, the highest growth rate was recorded by tertiary sector (12.8 percent), followed by primary sector (9.8 percent) and secondary sector (4.2 percent). From a medium-term perspective, the sectors that are seen to grow at a faster rate and contribute most to the overall economy of Bihar are — mining and quarrying (60.0 percent), manufacturing (17.5percent), TSCS (transport, storage, communications and services related to broadcasting) (11.4 percent). All these sectors have recorded a double-digit growth rate. Among the subsectors, air transport is seen to have grown at a very high rate of 35.2 percent.
The latest estimates of Per Capita Income for the districts in Bihar relate to 2011-12. As per these estimates, three most prosperous districts in Bihar are — Patna, Munger and Begusarai. At the other end, three most economically disadvantaged districts are — Madhepura, Supaul and Sheohar.