Bihar Economic Survey 2023-24 Overview
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Questions and Answers

What was the estimated growth rate of Bihar's GSDP at current prices for 2022-23?

  • 10.6 percent
  • 13.9 percent
  • 4.7 percent
  • 15.5 percent (correct)

When was the first Economic Survey of Bihar presented?

  • 1950-51
  • 1964
  • 2023-24
  • 2006-07 (correct)

Which chapter in the Bihar Economic Survey 2023-24 focuses on the environmental impacts?

  • Environment Climate Change and Disaster Management (correct)
  • Urban Development
  • Entreprises sector
  • Human Development

What was the nominal per capita income of Bihar estimated to be for 2022-23?

<p>Rs. 59,637 (D)</p> Signup and view all the answers

What percentage of GSDP is the gross fixed capital formation (GFCF) estimated to be for 2022-23?

<p>4.7 percent (D)</p> Signup and view all the answers

What is the average annual growth rate of Bihar's nominal per capita income from 2018-19 to 2022-23?

<p>7.6 percent (D)</p> Signup and view all the answers

Which minister presented the Bihar Economic Survey 2023-24?

<p>Samrat Chaudhary (A)</p> Signup and view all the answers

What is the estimated growth rate of Bihar's real GSDP for 2022-23?

<p>10.6 percent (B)</p> Signup and view all the answers

What was the per capita consumption of power in Bihar in 2021-22?

<p>329 Kwh (C)</p> Signup and view all the answers

Which of the following awards recognizes excellence in public administration?

<p>Prime Minister National Award for Excellence in Public Administration (B)</p> Signup and view all the answers

What percentage of power generation in Bihar came from renewable sources in 2021-22?

<p>31% (B)</p> Signup and view all the answers

How much did the AT&C Loss decrease from 2012-13 to 2022-23?

<p>30.82 percent (A)</p> Signup and view all the answers

How many self-help groups (SHGs) have been formed in Bihar?

<p>10.47 lakh (C)</p> Signup and view all the answers

What is the projected renewable energy generation target for Bihar by 2025-26?

<p>35% (B)</p> Signup and view all the answers

What sum is allocated each year for the 'Har Khet Tak Sinchai Ka Paani' scheme starting from 2021-22?

<p>Rs. 300 crore (A)</p> Signup and view all the answers

How many Bank Sakhis have been selected under the alternative banking model in Bihar?

<p>5006 (B)</p> Signup and view all the answers

What was the average share of expenditure on women in the total state budget from 2016-17 to 2021-22?

<p>14 percent (A)</p> Signup and view all the answers

In 2021-22, what percentage of GSDP was allocated for the expenditure on women?

<p>5.2 percent (B), 5.2 percent (D)</p> Signup and view all the answers

What percentage of India's total child population is represented by Bihar's share?

<p>12 percent (D)</p> Signup and view all the answers

By what percentage did the overall expenditure for children increase annually between 2016-17 and 2021-22?

<p>19.5 percent (D)</p> Signup and view all the answers

What was the average annual percentage growth in real per capita income of Bihar over the last five years?

<p>2.3 percent (B)</p> Signup and view all the answers

What is the average annual mean temperature recorded in Bihar during 2022-23?

<p>24.7 degree Celsius (B)</p> Signup and view all the answers

What was the per capita expenditure for children in the state in 2021-22?

<p>Rs. 7956 (A)</p> Signup and view all the answers

In 2022-23, which sector had the highest estimated value added growth rate in Bihar?

<p>Tertiary sector (B)</p> Signup and view all the answers

How many lakh plantations were undertaken under the Jal-Jeevan-Hariyali Abhiyan in 2022-23?

<p>288.31 lakh (B)</p> Signup and view all the answers

What is the estimated inflation rate in Bihar from September 2022 to September 2023?

<p>5.5 percent (D)</p> Signup and view all the answers

Which of the following districts is identified as the most prosperous in Bihar for the year 2021-22 based on per capita GDDP?

<p>Patna (A)</p> Signup and view all the answers

During which season does over 81.7 percent of Bihar's rainfall occur?

<p>South-west monsoon (C)</p> Signup and view all the answers

What is the estimated share of the tertiary sector in Bihar's gross value added for 2022-23?

<p>60.0 percent (C)</p> Signup and view all the answers

How does Bihar's estimated per capita income growth rate for 2022-23 compare to India's?

<p>Higher than India's (B)</p> Signup and view all the answers

Which of the following districts had the lowest consumption of petrol per 1000 persons in 22-23?

<p>Banka (B)</p> Signup and view all the answers

What was the estimated percentage increase in value added by the primary sector in Bihar for 2022-23?

<p>6.7 percent (B)</p> Signup and view all the answers

What is the Labour Force Participation Rate (LFPR) in Bihar as per the Periodic Labour Force Survey (PLFS) 2022-23?

<p>50.9 percent (D)</p> Signup and view all the answers

How much did the construction sector grow from 2011-12 to 2022-23 in Bihar?

<p>1.5 times (B)</p> Signup and view all the answers

What contributed 37 percent to the Bihar economy compared to 27 percent in the Indian economy?

<p>Construction, transport, communication, trade and hotel sectors (C)</p> Signup and view all the answers

Which two states had higher transport motor vehicle registrations than Bihar in 2022?

<p>Uttar Pradesh and Maharashtra (A)</p> Signup and view all the answers

What was the growth of the transport, storage, and communication sector in Bihar from 2011-12 to 2022-23?

<p>By 2.5 folds (B)</p> Signup and view all the answers

What was the size of air transport in GSVA by 2022-23?

<p>Rs. 228.2 crore (B)</p> Signup and view all the answers

What was the increase in passport applications from 2021-22 to 2022-23 in Bihar?

<p>82 percent (D)</p> Signup and view all the answers

What policy did the Bihar State government adopt to address vehicular air pollution?

<p>Bihar Clean Fuel Policy (C)</p> Signup and view all the answers

Flashcards

Bihar's GSDP growth (2022-23)

Bihar's Gross State Domestic Product (GSDP) grew by 15.5% at current prices to ₹7.5 lakh crore in 2022-23.

Bihar's real GSDP growth (2022-23)

Bihar's real GSDP grew by 10.6% to ₹4.4 lakh crore in 2022-23.

GFCF as a % of GSDP (2022-23)

Gross fixed capital formation (GFCF) was 4.7% of GSDP in Bihar in 2022-23.

Nominal per capita income (2022-23)

Bihar's nominal per capita income reached ₹59,637 in 2022-23, which increased by 13.9%.

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Real per capita income growth (2022-23)

Real per capita income in Bihar rose by 9% to ₹35,119 in 2022-23.

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Tertiary Sector Contribution (2022-23)

The tertiary sector contributed 60% to Bihar's Gross Value Added (GVA) in 2022-23.

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Inflation Rate (CPI) (Sept 2022-Sept 2023)

The Consumer Price Index (CPI) inflation rate in Bihar was 5.5% between September 2022 and September 2023.

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India's Nominal Per Capita Income (2022-23)

India's nominal per capita income was ₹1,72,276 in 2022-23.

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India's Real Per Capita Income Growth (2022-23)

India's real per capita income grew by 6.3 percent in 2022-23.

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Patna's per capita GSDP(2021-22)

Patna had the highest per capita GSDP at ₹114,541 in 2021-22

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Sheohar's per capita GSDP(2021-22)

Sheohar had the lowest per capita GSDP at ₹18,980 in 2021-22

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Patna's Petrol Consumption (2021-22)

Patna had 17.2 MT of petrol consumption per 1000 people in 2021-22

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Patna's LPG Consumption (2021-22)

Patna had the highest LPG consumption at 36.5 in 2021-22

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Bihar's Labour Force Participation Rate (2022-23)

Bihar's Labour Force Participation Rate was 50.9% in 2022-23.

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Bihar's Worker Population Ratio (2022-23)

Bihar's Worker Population Ratio was 48.7% in 2022-23.

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Bihar's Passport Applications (2018-19 to 2022-23)

Bihar received 1692.4 thousand passport applications between 2018-19 and 2022-23 with 1662.4 thousand approvals.

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Bihar's Road Density

Bihar has the third-highest road density among major Indian states

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Bihar's Transport Motor Vehicle Registrations (2022)

Bihar had the third-highest number of transport motor vehicle registrations in 2022.

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Bihar's Railway Sector Growth (2022-23)

Bihar's railway sector doubled in size in 12 years, reaching ₹5.4 thousand crore in 2022-23.

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Bihar's Air Transport (2022-23)

Bihar's air transport GSVA increased sevenfold to ₹228.2 crore in 2022-23.

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Bihar's Per Capita Power Consumption (2011-12 to 2021-22)

Per Capita power consumption in Bihar increased to 329 kWh in 2021–22, up from 134 kWh in 2011–12.

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Bihar's AT&C Losses (2012-13 to 2022-23)

Bihar's transmission and distribution (AT&C) losses decreased from 54.63% in 2012-13 to 24.32% in 2022-23.

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Har Khet Tak Sinchai Ka Paani scheme

Bihar allocated ₹300 crore annually to the 'Har Khet Tak Sinchai Ka Paani' scheme.

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Bihar's Energy Surplus (2022-23)

Bihar's energy deficit transformed into a surplus of 4034 MU in 2022-23.

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Renewable Energy Target (2025-26)

Bihar aims to achieve 35% power from renewable sources by 2025-26.

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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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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.

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