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What was the estimated growth rate of Bihar's GSDP at current prices for 2022-23?
What was the estimated growth rate of Bihar's GSDP at current prices for 2022-23?
When was the first Economic Survey of Bihar presented?
When was the first Economic Survey of Bihar presented?
Which chapter in the Bihar Economic Survey 2023-24 focuses on the environmental impacts?
Which chapter in the Bihar Economic Survey 2023-24 focuses on the environmental impacts?
What was the nominal per capita income of Bihar estimated to be for 2022-23?
What was the nominal per capita income of Bihar estimated to be for 2022-23?
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What percentage of GSDP is the gross fixed capital formation (GFCF) estimated to be for 2022-23?
What percentage of GSDP is the gross fixed capital formation (GFCF) estimated to be for 2022-23?
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What is the average annual growth rate of Bihar's nominal per capita income from 2018-19 to 2022-23?
What is the average annual growth rate of Bihar's nominal per capita income from 2018-19 to 2022-23?
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Which minister presented the Bihar Economic Survey 2023-24?
Which minister presented the Bihar Economic Survey 2023-24?
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What is the estimated growth rate of Bihar's real GSDP for 2022-23?
What is the estimated growth rate of Bihar's real GSDP for 2022-23?
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What was the per capita consumption of power in Bihar in 2021-22?
What was the per capita consumption of power in Bihar in 2021-22?
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Which of the following awards recognizes excellence in public administration?
Which of the following awards recognizes excellence in public administration?
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What percentage of power generation in Bihar came from renewable sources in 2021-22?
What percentage of power generation in Bihar came from renewable sources in 2021-22?
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How much did the AT&C Loss decrease from 2012-13 to 2022-23?
How much did the AT&C Loss decrease from 2012-13 to 2022-23?
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How many self-help groups (SHGs) have been formed in Bihar?
How many self-help groups (SHGs) have been formed in Bihar?
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What is the projected renewable energy generation target for Bihar by 2025-26?
What is the projected renewable energy generation target for Bihar by 2025-26?
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What sum is allocated each year for the 'Har Khet Tak Sinchai Ka Paani' scheme starting from 2021-22?
What sum is allocated each year for the 'Har Khet Tak Sinchai Ka Paani' scheme starting from 2021-22?
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How many Bank Sakhis have been selected under the alternative banking model in Bihar?
How many Bank Sakhis have been selected under the alternative banking model in Bihar?
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What was the average share of expenditure on women in the total state budget from 2016-17 to 2021-22?
What was the average share of expenditure on women in the total state budget from 2016-17 to 2021-22?
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In 2021-22, what percentage of GSDP was allocated for the expenditure on women?
In 2021-22, what percentage of GSDP was allocated for the expenditure on women?
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What percentage of India's total child population is represented by Bihar's share?
What percentage of India's total child population is represented by Bihar's share?
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By what percentage did the overall expenditure for children increase annually between 2016-17 and 2021-22?
By what percentage did the overall expenditure for children increase annually between 2016-17 and 2021-22?
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What was the average annual percentage growth in real per capita income of Bihar over the last five years?
What was the average annual percentage growth in real per capita income of Bihar over the last five years?
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What is the average annual mean temperature recorded in Bihar during 2022-23?
What is the average annual mean temperature recorded in Bihar during 2022-23?
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What was the per capita expenditure for children in the state in 2021-22?
What was the per capita expenditure for children in the state in 2021-22?
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In 2022-23, which sector had the highest estimated value added growth rate in Bihar?
In 2022-23, which sector had the highest estimated value added growth rate in Bihar?
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How many lakh plantations were undertaken under the Jal-Jeevan-Hariyali Abhiyan in 2022-23?
How many lakh plantations were undertaken under the Jal-Jeevan-Hariyali Abhiyan in 2022-23?
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What is the estimated inflation rate in Bihar from September 2022 to September 2023?
What is the estimated inflation rate in Bihar from September 2022 to September 2023?
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Which of the following districts is identified as the most prosperous in Bihar for the year 2021-22 based on per capita GDDP?
Which of the following districts is identified as the most prosperous in Bihar for the year 2021-22 based on per capita GDDP?
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During which season does over 81.7 percent of Bihar's rainfall occur?
During which season does over 81.7 percent of Bihar's rainfall occur?
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What is the estimated share of the tertiary sector in Bihar's gross value added for 2022-23?
What is the estimated share of the tertiary sector in Bihar's gross value added for 2022-23?
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How does Bihar's estimated per capita income growth rate for 2022-23 compare to India's?
How does Bihar's estimated per capita income growth rate for 2022-23 compare to India's?
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Which of the following districts had the lowest consumption of petrol per 1000 persons in 22-23?
Which of the following districts had the lowest consumption of petrol per 1000 persons in 22-23?
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What was the estimated percentage increase in value added by the primary sector in Bihar for 2022-23?
What was the estimated percentage increase in value added by the primary sector in Bihar for 2022-23?
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What is the Labour Force Participation Rate (LFPR) in Bihar as per the Periodic Labour Force Survey (PLFS) 2022-23?
What is the Labour Force Participation Rate (LFPR) in Bihar as per the Periodic Labour Force Survey (PLFS) 2022-23?
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How much did the construction sector grow from 2011-12 to 2022-23 in Bihar?
How much did the construction sector grow from 2011-12 to 2022-23 in Bihar?
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What contributed 37 percent to the Bihar economy compared to 27 percent in the Indian economy?
What contributed 37 percent to the Bihar economy compared to 27 percent in the Indian economy?
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Which two states had higher transport motor vehicle registrations than Bihar in 2022?
Which two states had higher transport motor vehicle registrations than Bihar in 2022?
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What was the growth of the transport, storage, and communication sector in Bihar from 2011-12 to 2022-23?
What was the growth of the transport, storage, and communication sector in Bihar from 2011-12 to 2022-23?
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What was the size of air transport in GSVA by 2022-23?
What was the size of air transport in GSVA by 2022-23?
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What was the increase in passport applications from 2021-22 to 2022-23 in Bihar?
What was the increase in passport applications from 2021-22 to 2022-23 in Bihar?
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What policy did the Bihar State government adopt to address vehicular air pollution?
What policy did the Bihar State government adopt to address vehicular air pollution?
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Study Notes
Bihar Economic Survey 2023-24 Overview
- The 18th Bihar Economic Survey 2023-24 was presented in February 2024 by the Deputy Chief Minister and Finance Minister.
- The Survey is divided into 14 chapters covering various aspects of the state's economy.
Bihar's Economic Performance
- In 2022-23, Bihar's GSDP at current prices grew by 15.5% to ₹7.5 lakh crore, while real GSDP grew by 10.6% to ₹4.4 lakh crore.
- Gross fixed capital formation (GFCF) was 4.7% of GSDP.
- Nominal per capita income reached ₹59,637 (13.9% increase), and real per capita income reached ₹35,119 (9% increase).
- The average annual growth in real per capita income was 2.3% over the past five years, exceeding India's 1.7% growth rate.
- The tertiary sector contributed 60% to the GVA in 2022-23, while primary and secondary sectors each contributed 20%.
- Inflation rate (CPI) was 5.5% between September 2022 and September 2023.
Key Indicators and Comparisons
- India's nominal and real per capita income in 2022-23 was ₹1,72,276 and ₹98,374 respectively.
- In 2022-23, India's real per capita income increased by 6.3%, compared to Bihar's 9.0% increase.
Regional Disparities
- In 2021-22, Patna had the highest per capita GSDP at ₹114,541, while Sheohar had the lowest at ₹18,980.
- Patna also had the highest petrol consumption per 1000 persons (17.2 MT) and highest consumption of LPG (36.5).
- Banka and Sheohar had the lowest consumption for Petrol and LPG respectively.
Agriculture and Allied Sectors
- The Bihar State Jaggery Industry Promotion Programme aims to establish 405 jaggery units in five years.
Labour, Employment, and Skills
- The Labour Force Participation Rate (LFPR) was 50.9%, and the Worker Population Ratio (WPR) was 48.7% in 2022-23 (PLFS data).
- Between 2018-19 and 2022-23, 1692.4 thousand passport applications were received, with 1662.4 thousand approved.
Physical Infrastructure
- The construction sector grew 1.5 times, reaching ₹40.9 thousand crore in 2022-23 (constant 2011-12 prices).
- The transport, storage, and communication sector grew 2.5 times, reaching ₹46.7 thousand crore.
- Construction, transport, communication, trade, and hotels contributed 37% to Bihar's economy.
- Bihar has the third-highest road density among major Indian states.
- Bihar had the third-highest number of transport motor vehicle registrations in 2022, after Uttar Pradesh and Maharashtra.
- The railways sector doubled in size over 12 years, reaching ₹5.4 thousand crore in 2022-23.
- Air transport GSVA increased sevenfold, reaching ₹228.2 crore in 2022-23.
E-Governance
- Bihar received various awards for excellence in e-governance.
- Efforts are underway to integrate all gram panchayats into e-governance programs.
- Bihar recorded 53.6 telephone connections per 100 persons.
- 44 cyber police stations have been sanctioned.
Energy Sector
- Per capita power consumption increased from 134 kWh in 2011-12 to 329 kWh in 2021-22 (145.5% increase).
- AT&C losses decreased from 54.63% in 2012-13 to 24.32% in 2022-23.
- ₹300 crore is allocated annually to the 'Har Khet Tak Sinchai Ka Paani' scheme.
- Energy deficit turned into a surplus of 4034 MU in 2022-23 from a deficit of 3307 MU in 2017-18.
- 31% of power came from renewable sources in 2021-22; the target is 35% by 2025-26.
Rural Development
- 10.47 lakh SHGs formed, with ₹34,000 crore in bank credit provided.
- 5006 Bank Sakhis facilitate financial transactions; transactions worth ₹10,742,07 lakh were recorded under this initiative.
- 1,65,143 households trained under Satat Jeevikoparjan Yojana for income-generating activities.
- Women's share in the state budget averaged 14%; expenditure on women development was around 4% of GSDP.
Child Development
- In 2021, the 0-18 age group constituted 42% of Bihar's population and 12% of India's.
- The 0-6 age group constituted 16% of Bihar's population and 11% of India's in 2021.
- Overall expenditure for children increased at an annual rate of 19.5% between 2016-17 and 2021-22.
- Per capita expenditure increased 2.4 times, from ₹3275 to ₹7956 during the same period.
Environment, Climate Change, and Disaster Management
- Bihar implemented India's first Green Budget and launched the Jal-Jeevan-Hariyali Abhiyan.
- About 288.31 lakh plantations were undertaken in 2022-23 under Jal-Jeevan-Hariyali.
- Bihar receives 81.7% of its rainfall from the southwest monsoon.
- Average annual mean temperature was 24.7°C in 2022-23.
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Description
Explore the key findings of the 18th Bihar Economic Survey presented in February 2024. This quiz covers Bihar's economic performance, including growth rates, sector contributions, and significant indicators that illustrate the state's economic landscape.