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Growth pat for Bihar

New Delhi, Dec. 15: Big industries might have remained elusive to Bihar but accolades are coming its way, indicating that the state has started making its imprints on the national industrial map.

At the PHD Chamber of Commerce and Industries’ Northern India Chief Ministers’ meet here today, the state was awarded for attaining the highest industrial gross state domestic product (GSDP) growth rate in the country in 2012. Deputy chief minister Sushil Kumar Modi received the award from President Pranab Mukherjee and vowed to take the growth further.

“Till a few years ago, the state was seen as a part of the country fraught with abject poverty. But it has registered the highest economic growth rate of 18.2 per cent this year as reported by the Central Statistical Organisation. Considering where the state was till a few years ago, it is a big leap,” said a senior official attached with the association.

President Mukherjee said: “I am happy to note that among the states with larger economies, Delhi, Madhya Pradesh, Bihar and Chhattisgarh have registered growth of above 10 per cent in 2011-12. This is no mean achievement considering the slowdown in the global and national economy. I am hopeful that these states will continue to grow at this pace, if not faster and other states will follow suit.”

Modi said Bihar was on track to improve its overall outlook and condition. He added that the state had done a tremendous job by improving law and order, increasing agricultural productivity and creating an environment conducive to business.

According to a Planning Commission state finances report released on November 27 this year, Bihar has been the top performer among major states in terms of economic growth during the 11th Five-Year Plan that ended in March 2012. The report said the state’s GSDP growth rate was 21.9 per cent during the 11th Five-Year Plan.


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